Norfolk Southern (NYSE:NSC) Shares Sold Off Rep. Robert Bresnahan, Jr.

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Norfolk Southern Co. NYSE: NSC. In a filing disclosed on April 28th, the Representative disclosed that they had sold between $1,001 and $15,000 in Norfolk Southern stock on April 8th. The trade occurred in the Representative's "JP MORGAN BROKERAGE ACCOUNT" account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of DexCom NASDAQ: DXCM on 4/8/2025.
• Sold $1,001 - $15,000 in shares of Invesco NYSE: IVZ on 4/8/2025.
• Sold $1,001 - $15,000 in shares of Generac NYSE: GNRC on 4/8/2025.
• Sold $15,001 - $50,000 in shares of Occidental Petroleum NYSE: OXY on 4/8/2025.
• Sold $15,001 - $50,000 in shares of Pfizer NYSE: PFE on 4/8/2025.
• Sold $1,001 - $15,000 in shares of QUALCOMM NASDAQ: QCOM on 4/8/2025.
• Sold $1,001 - $15,000 in shares of Best Buy NYSE: BBY on 4/8/2025.
• Sold $1,001 - $15,000 in shares of EOG Resources NYSE: EOG on 4/8/2025.
• Sold $1,001 - $15,000 in shares of CSX NASDAQ: CSX on 4/8/2025.
• Sold $1,001 - $15,000 in shares of Valero Energy NYSE: VLO on 4/8/2025.

Norfolk Southern Price Performance

Norfolk Southern stock opened at $223.35 on Wednesday. The company has a current ratio of 0.90, a quick ratio of 0.82 and a debt-to-equity ratio of 1.16. Norfolk Southern Co. has a 12-month low of $201.63 and a 12-month high of $277.60. The firm has a market capitalization of $55.07 billion, a PE ratio of 19.32, a price-to-earnings-growth ratio of 2.31 and a beta of 1.30. The firm has a 50-day moving average price of $229.29 and a 200-day moving average price of $244.58.

Norfolk Southern (NYSE:NSC - Get Free Report) last issued its quarterly earnings results on Wednesday, April 23rd. The railroad operator reported $2.69 earnings per share for the quarter, missing the consensus estimate of $2.72 by ($0.03). Norfolk Southern had a return on equity of 20.04% and a net margin of 21.63%. The business had revenue of $2.99 billion during the quarter, compared to analysts' expectations of $3.01 billion. During the same quarter in the previous year, the company posted $2.49 earnings per share. The company's quarterly revenue was down .4% compared to the same quarter last year. As a group, equities research analysts forecast that Norfolk Southern Co. will post 13 EPS for the current year.

Norfolk Southern Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 20th. Shareholders of record on Friday, May 2nd will be given a dividend of $1.35 per share. This represents a $5.40 dividend on an annualized basis and a yield of 2.42%. The ex-dividend date of this dividend is Friday, May 2nd. Norfolk Southern's dividend payout ratio (DPR) is 36.89%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on NSC shares. Benchmark reiterated a "buy" rating and issued a $285.00 price target on shares of Norfolk Southern in a report on Thursday, January 30th. Evercore ISI cut their price target on Norfolk Southern from $284.00 to $269.00 and set an "outperform" rating on the stock in a research note on Thursday, April 24th. Stifel Nicolaus lowered their price objective on shares of Norfolk Southern from $265.00 to $247.00 and set a "hold" rating for the company in a research note on Monday, April 14th. Stephens raised their target price on shares of Norfolk Southern from $260.00 to $275.00 and gave the company an "equal weight" rating in a research report on Thursday, January 30th. Finally, Loop Capital cut shares of Norfolk Southern from a "buy" rating to a "hold" rating and lowered their price target for the stock from $289.00 to $256.00 in a research report on Monday, February 3rd. One analyst has rated the stock with a sell rating, seven have given a hold rating and twelve have assigned a buy rating to the company's stock. According to MarketBeat.com, Norfolk Southern currently has a consensus rating of "Moderate Buy" and a consensus price target of $266.10.

Institutional Investors Weigh In On Norfolk Southern

A number of large investors have recently modified their holdings of the business. Financial Life Planners purchased a new stake in Norfolk Southern during the 4th quarter worth approximately $27,000. Keystone Financial Group Inc. acquired a new position in shares of Norfolk Southern in the 4th quarter valued at $27,000. Bank of Jackson Hole Trust purchased a new position in Norfolk Southern in the 4th quarter worth $27,000. Vision Financial Markets LLC acquired a new stake in Norfolk Southern during the 4th quarter worth about $28,000. Finally, Fourth Dimension Wealth LLC acquired a new position in shares of Norfolk Southern in the fourth quarter valued at about $28,000. Hedge funds and other institutional investors own 75.10% of the company's stock.

Insider Transactions at Norfolk Southern

In related news, Director Gilbert H. Lamphere bought 607 shares of the stock in a transaction dated Friday, January 31st. The shares were purchased at an average price of $259.86 per share, for a total transaction of $157,735.02. Following the completion of the purchase, the director now directly owns 2,487 shares of the company's stock, valued at $646,271.82. This represents a 32.29 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.06% of the company's stock.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election. Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

About Norfolk Southern

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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