CW Advisors LLC Grows Stake in Norfolk Southern Corporation $NSC

Key Points

• CW Advisors LLC increased its stake in **Norfolk Southern Corporation** by **14.5%**, acquiring an additional **1,284 shares**, bringing its total holdings to **10,150 shares valued at $2,404,000**.
• Norfolk Southern recently reported earnings of **$3.29 per share**, exceeding analysts' expectations of **$3.24**, with quarterly revenue reaching **$3.11 billion**.
• The company announced a quarterly dividend of **$1.35 per share**, yielding **1.9%**, with a dividend payout ratio currently at **36.49%**.

CW Advisors LLC boosted its stake in Norfolk Southern Corporation (NYSE:NSC - Free Report) by 14.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,150 shares of the railroad operator's stock after acquiring an additional 1,284 shares during the period. CW Advisors LLC's holdings in Norfolk Southern were worth $2,404,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in NSC. Fourth Dimension Wealth LLC acquired a new stake in Norfolk Southern in the 4th quarter valued at about $28,000. Putney Financial Group LLC acquired a new position in Norfolk Southern in the fourth quarter worth about $30,000. Greenline Partners LLC bought a new position in shares of Norfolk Southern in the fourth quarter valued at approximately $31,000. HWG Holdings LP acquired a new stake in shares of Norfolk Southern in the first quarter valued at approximately $35,000. Finally, Physician Wealth Advisors Inc. raised its holdings in Norfolk Southern by 129.2% during the 1st quarter. Physician Wealth Advisors Inc. now owns 149 shares of the railroad operator's stock worth $35,000 after purchasing an additional 84 shares during the last quarter. Institutional investors own 75.10% of the company's stock.

Norfolk Southern Stock Performance

Shares of NSC stock traded up $5.76 on Thursday, hitting $278.11. 3,031,661 shares of the stock were exchanged, compared to its average volume of 1,608,989. The company has a current ratio of 0.79, a quick ratio of 0.71 and a debt-to-equity ratio of 1.11. The firm has a market capitalization of $62.47 billion, a PE ratio of 18.79, a P/E/G ratio of 2.45 and a beta of 1.31. Norfolk Southern Corporation has a one year low of $201.63 and a one year high of $291.69. The firm's 50 day moving average is $271.56 and its two-hundred day moving average is $248.26.

Norfolk Southern (NYSE:NSC - Get Free Report) last issued its earnings results on Tuesday, July 29th. The railroad operator reported $3.29 EPS for the quarter, topping the consensus estimate of $3.24 by $0.05. Norfolk Southern had a return on equity of 19.35% and a net margin of 27.51%.The business had revenue of $3.11 billion during the quarter, compared to the consensus estimate of $3.10 billion. Norfolk Southern has set its FY 2025 guidance at EPS. Sell-side analysts expect that Norfolk Southern Corporation will post 13 earnings per share for the current fiscal year.

Norfolk Southern Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 20th. Shareholders of record on Friday, August 1st were paid a $1.35 dividend. This represents a $5.40 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend was Friday, August 1st. Norfolk Southern's payout ratio is 36.49%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on NSC shares. The Goldman Sachs Group reissued a "neutral" rating and set a $278.00 target price on shares of Norfolk Southern in a research note on Monday, June 2nd. JPMorgan Chase & Co. reissued a "neutral" rating and issued a $288.00 price objective (up previously from $282.00) on shares of Norfolk Southern in a report on Wednesday, July 30th. Sanford C. Bernstein lifted their target price on Norfolk Southern from $295.00 to $305.00 and gave the company an "outperform" rating in a research report on Monday, July 21st. Robert W. Baird lifted their price target on Norfolk Southern from $255.00 to $300.00 and gave the company a "neutral" rating in a research note on Tuesday, July 22nd. Finally, Royal Bank Of Canada downgraded Norfolk Southern from a "moderate buy" rating to a "hold" rating in a report on Tuesday, July 29th. Seven research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $285.15.

Norfolk Southern Profile

Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. The company transports agriculture, forest, and consumer products comprising soybeans, wheat, corn, fertilizers, livestock and poultry feed, food products, food oils, flour, sweeteners, ethanol, lumber and wood products, pulp board and paper products, wood fibers, wood pulp, beverages, and canned goods; chemicals consist of sulfur and related chemicals, petroleum products comprising crude oil, chlorine and bleaching compounds, plastics, rubber, industrial chemicals, chemical wastes, sand, and natural gas liquids; metals and construction materials, such as steel, aluminum products, machinery, scrap metals, cement, aggregates, minerals, clay, transportation equipment, and military-related products; and automotive, including finished motor vehicles and automotive parts, as well as coal.