Norfolk Southern Corporation $NSC Shares Sold by Investment House LLC

Key Points

• Investment House LLC cut its Norfolk Southern stake by 52.3% in the third quarter, selling 13,336 shares and retaining 12,146 shares valued at approximately $3.75 million. Institutional investors collectively own 75.1% of the company.
• Norfolk Southern exceeded third-quarter earnings and revenue expectations, reporting EPS of $3.62 versus the $3.46 consensus and revenue of $3.53 billion, up 13.6% year over year. The company declared a $1.35 quarterly dividend, equal to a $5.40 annualized payout and a roughly 1.6% yield.
• The stock was trading at $336.49, while analysts maintained a consensus “Hold” rating with a $346.94 average price target. Recent targets were mixed, reflecting both optimism about operating performance and caution over valuation and costs.

Investment House LLC trimmed its position in Norfolk Southern Corporation (NYSE:NSC - Free Report) by 52.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,146 shares of the railroad operator's stock after selling 13,336 shares during the quarter. Investment House LLC's holdings in Norfolk Southern were worth $3,753,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of NSC. Massachusetts Wealth Management raised its position in Norfolk Southern by 1.6% during the 3rd quarter. Massachusetts Wealth Management now owns 6,275 shares of the railroad operator's stock worth $1,939,000 after buying an additional 100 shares during the last quarter. Skylands Capital LLC lifted its stake in Norfolk Southern by 4.8% during the 3rd quarter. Skylands Capital LLC now owns 57,730 shares of the railroad operator's stock valued at $17,839,000 after acquiring an additional 2,650 shares during the period. Axxcess Wealth Management LLC boosted its holdings in shares of Norfolk Southern by 4.2% in the 3rd quarter. Axxcess Wealth Management LLC now owns 13,159 shares of the railroad operator's stock valued at $4,066,000 after acquiring an additional 536 shares during the last quarter. Sawyer & Company Inc purchased a new stake in shares of Norfolk Southern in the 3rd quarter valued at $31,000. Finally, City State Bank increased its stake in shares of Norfolk Southern by 185.7% in the third quarter. City State Bank now owns 140 shares of the railroad operator's stock worth $43,000 after acquiring an additional 91 shares during the period. Institutional investors and hedge funds own 75.10% of the company's stock.

Norfolk Southern Trading Up 2.6%

Shares of Norfolk Southern stock opened at $336.49 on Friday. The firm has a 50-day simple moving average of $326.56 and a two-hundred day simple moving average of $320.58. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.73 and a current ratio of 0.83. Norfolk Southern Corporation has a fifty-two week low of $277.80 and a fifty-two week high of $358.60. The company has a market cap of $75.58 billion, a P/E ratio of 25.85, a price-to-earnings-growth ratio of 4.89 and a beta of 1.29.

Norfolk Southern (NYSE:NSC - Get Free Report) last posted its earnings results on Thursday, October 22nd. The railroad operator reported $3.62 EPS for the quarter, beating analysts' consensus estimates of $3.46 by $0.16. Norfolk Southern had a return on equity of 18.21% and a net margin of 21.02%. The firm had revenue of $3.53 billion for the quarter, compared to analysts' expectations of $3.48 billion. During the same period last year, the firm earned $3.30 EPS. The company's quarterly revenue was up 13.6% on a year-over-year basis. As a group, equities analysts predict that Norfolk Southern Corporation will post 12.81 earnings per share for the current fiscal year.

Norfolk Southern Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 20th. Shareholders of record on Friday, November 6th will be issued a $1.35 dividend. This represents a $5.40 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Friday, November 6th. Norfolk Southern's dividend payout ratio (DPR) is presently 46.08%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on NSC. Stephens raised shares of Norfolk Southern to a "hold" rating in a report on Wednesday, July 8th. Evercore increased their price target on Norfolk Southern from $358.00 to $360.00 in a research report on Wednesday, September 30th. UBS Group reaffirmed a "neutral" rating and set a $363.00 price target on shares of Norfolk Southern in a research report on Friday, July 24th. Barclays boosted their price objective on Norfolk Southern from $360.00 to $400.00 and gave the company an "overweight" rating in a report on Friday, July 24th. Finally, Susquehanna lowered their target price on Norfolk Southern from $386.00 to $350.00 and set a "neutral" rating on the stock in a research note on Friday, October 2nd. Seven analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Norfolk Southern presently has a consensus rating of "Hold" and a consensus price target of $346.94.

Norfolk Southern News Summary

Here are the key news stories impacting Norfolk Southern this week:

• Positive Sentiment: Q3 earnings and revenue beat expectations. Norfolk Southern reported adjusted earnings of $3.62 per share versus the $3.46 consensus estimate, while revenue rose 13.6% year over year to $3.53 billion, ahead of the $3.48 billion forecast. Norfolk Southern tops profit estimates as freight demand stays strong
• Positive Sentiment: Record revenue and volume growth supported the quarter. Higher freight volumes and fuel surcharges drove record railway operating revenue. Stronger intermodal demand also benefited from tighter trucking capacity and elevated fuel costs, which make rail transportation relatively more attractive. NSC Q3 Earnings Beat Estimates on Record Revenues, Volume Growth
• Positive Sentiment: Dividend support remains intact. The company declared a quarterly dividend of $1.35 per share, payable November 20 to shareholders of record November 6. The annualized payout is $5.40, representing a yield of approximately 1.6% based on the provided stock information. Norfolk Southern Declares Quarterly Dividend
• Neutral Sentiment: Management delivered solid profitability, but costs remain a focus. Reported revenue was about $3.5 billion, railway operating income was $1.2 billion and the operating ratio was 67.4%. Higher expenses, including fuel and labor costs, pressured margins and could limit the benefit of volume growth. Norfolk Southern reports third quarter 2026 results
• Negative Sentiment: Stephens lowered its price target to $354 from $377. The reduction signals more cautious valuation expectations despite the earnings beat and leaves limited upside relative to the stock’s recent trading level. Stephens Adjusts Price Target on Norfolk Southern

About Norfolk Southern

Norfolk Southern Corporation NYSE: NSC is a transportation company that operates one of the largest freight railroad networks in the eastern United States. Through its Norfolk Southern Railway subsidiary, the company provides rail transportation and related services across a broad territory spanning portions of the Midwest, South and East Coast, including access to major industrial centers, ports and distribution markets.

Norfolk Southern transports a diverse range of commodities, including intermodal freight, merchandise, automotive products, coal and other energy-related materials.

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