Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Norfolk Southern Co. NYSE: NSC. In a filing disclosed on January 27th, the Representative disclosed that they had bought between $1,001 and $15,000 in Norfolk Southern stock on January 21st.
Representative Marjorie Taylor Greene also recently made the following trade(s):
- Purchased $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 1/21/2025.
- Purchased $1,001 - $15,000 in shares of NextEra Energy NYSE: NEE on 1/21/2025.
- Purchased $1,001 - $15,000 in shares of Old Dominion Freight Line NASDAQ: ODFL on 1/21/2025.
- Purchased $1,001 - $15,000 in shares of Palo Alto Networks NASDAQ: PANW on 1/21/2025.
- Purchased $1,001 - $15,000 in shares of Eli Lilly and Company NYSE: LLY on 1/21/2025.
- Purchased $1,001 - $15,000 in shares of Devon Energy NYSE: DVN on 1/21/2025.
- Purchased $1,001 - $15,000 in shares of Advanced Micro Devices NASDAQ: AMD on 1/21/2025.
- Purchased $1,001 - $15,000 in shares of Kinder Morgan NYSE: KMI on 1/21/2025.
- Purchased $1,001 - $15,000 in shares of Cardinal Health NYSE: CAH on 1/21/2025.
- Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 1/21/2025.
Norfolk Southern Stock Performance
Shares of NSC stock traded down $1.77 during trading on Friday, reaching $255.44. The company had a trading volume of 1,475,142 shares, compared to its average volume of 1,151,343. The company has a market capitalization of $57.79 billion, a PE ratio of 22.10, a PEG ratio of 2.35 and a beta of 1.34. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.73 and a quick ratio of 0.65. The firm's 50 day simple moving average is $248.95 and its two-hundred day simple moving average is $248.95. Norfolk Southern Co. has a one year low of $206.71 and a one year high of $277.60.
Norfolk Southern (NYSE:NSC - Get Free Report) last issued its quarterly earnings data on Wednesday, January 29th. The railroad operator reported $3.04 earnings per share for the quarter, topping analysts' consensus estimates of $2.97 by $0.07. Norfolk Southern had a net margin of 21.63% and a return on equity of 20.50%. Sell-side analysts forecast that Norfolk Southern Co. will post 13.17 earnings per share for the current year.
Norfolk Southern Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 20th. Stockholders of record on Friday, February 7th will be issued a dividend of $1.35 per share. This represents a $5.40 dividend on an annualized basis and a dividend yield of 2.11%. The ex-dividend date of this dividend is Friday, February 7th. Norfolk Southern's dividend payout ratio is 46.71%.
Insider Buying and Selling at Norfolk Southern
In other news, Director Sameh Fahmy bought 350 shares of the stock in a transaction dated Thursday, December 12th. The stock was bought at an average cost of $249.37 per share, with a total value of $87,279.50. Following the purchase, the director now owns 10,350 shares of the company's stock, valued at approximately $2,580,979.50. This represents a 3.50 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 0.19% of the company's stock.
Institutional Trading of Norfolk Southern
Several large investors have recently added to or reduced their stakes in the company. APG Asset Management N.V. increased its holdings in Norfolk Southern by 225.6% during the 2nd quarter. APG Asset Management N.V. now owns 25,978 shares of the railroad operator's stock valued at $5,204,000 after purchasing an additional 18,000 shares in the last quarter. D. E. Shaw & Co. Inc. increased its stake in shares of Norfolk Southern by 315.2% in the second quarter. D. E. Shaw & Co. Inc. now owns 138,672 shares of the railroad operator's stock valued at $29,771,000 after buying an additional 105,272 shares in the last quarter. Ascent Group LLC raised its holdings in shares of Norfolk Southern by 8.9% in the second quarter. Ascent Group LLC now owns 7,970 shares of the railroad operator's stock valued at $1,711,000 after buying an additional 648 shares during the last quarter. Duff & Phelps Investment Management Co. lifted its position in Norfolk Southern by 32.4% during the 2nd quarter. Duff & Phelps Investment Management Co. now owns 119,767 shares of the railroad operator's stock worth $25,713,000 after buying an additional 29,318 shares in the last quarter. Finally, Creative Planning grew its holdings in Norfolk Southern by 1.4% during the 2nd quarter. Creative Planning now owns 83,847 shares of the railroad operator's stock worth $18,001,000 after acquiring an additional 1,161 shares during the last quarter. 75.10% of the stock is owned by institutional investors.
Analysts Set New Price Targets
A number of equities research analysts have issued reports on NSC shares. Citigroup upped their price target on shares of Norfolk Southern from $302.00 to $316.00 and gave the company a "buy" rating in a report on Tuesday, November 12th. Wells Fargo & Company lowered their target price on Norfolk Southern from $320.00 to $300.00 and set an "overweight" rating on the stock in a report on Tuesday, January 7th. Royal Bank of Canada upped their price target on Norfolk Southern from $275.00 to $286.00 and gave the stock an "outperform" rating in a report on Thursday. Bank of America raised their price objective on shares of Norfolk Southern from $276.00 to $291.00 and gave the stock a "buy" rating in a research note on Wednesday, October 23rd. Finally, Loop Capital upped their target price on shares of Norfolk Southern from $285.00 to $287.00 and gave the company a "buy" rating in a research note on Wednesday, October 23rd. One investment analyst has rated the stock with a sell rating, five have given a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $277.74.
Read Our Latest Analysis on Norfolk Southern
About Representative Greene
Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia's 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.
Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia's 14th Congressional District. She declared candidacy for the 2026 election.
About Norfolk Southern
(
Get Free Report)
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.
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