Keybank National Association OH Sells 5,271 Shares of Norfolk Southern Corporation $NSC

Keybank National Association OH reduced its stake in Norfolk Southern Corporation (NYSE:NSC) by 4.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 115,552 shares of the railroad operator’s stock after selling 5,271 shares during the period. Keybank National Association OH’s holdings in Norfolk Southern were worth $34,713,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. ORG Partners LLC increased its holdings in shares of Norfolk Southern by 75.0% in the third quarter. ORG Partners LLC now owns 84 shares of the railroad operator’s stock worth $25,000 after purchasing an additional 36 shares during the last quarter. BNP Paribas purchased a new position in Norfolk Southern during the 2nd quarter valued at approximately $26,000. True Wealth Design LLC increased its stake in Norfolk Southern by 423.8% in the 2nd quarter. True Wealth Design LLC now owns 110 shares of the railroad operator’s stock worth $28,000 after acquiring an additional 89 shares during the last quarter. Highline Wealth Partners LLC raised its holdings in shares of Norfolk Southern by 68.9% during the 3rd quarter. Highline Wealth Partners LLC now owns 103 shares of the railroad operator’s stock worth $31,000 after acquiring an additional 42 shares in the last quarter. Finally, NewSquare Capital LLC raised its holdings in shares of Norfolk Southern by 58.5% during the 2nd quarter. NewSquare Capital LLC now owns 130 shares of the railroad operator’s stock worth $33,000 after acquiring an additional 48 shares in the last quarter. Hedge funds and other institutional investors own 75.10% of the company’s stock.

Norfolk Southern Stock Performance

Shares of NYSE:NSC opened at $291.40 on Friday. The company has a current ratio of 0.85, a quick ratio of 0.78 and a debt-to-equity ratio of 1.06. Norfolk Southern Corporation has a 12 month low of $201.63 and a 12 month high of $302.24. The company has a market capitalization of $65.39 billion, a price-to-earnings ratio of 22.86, a PEG ratio of 5.08 and a beta of 1.33. The firm’s 50-day moving average is $290.40 and its 200 day moving average is $285.85.

Norfolk Southern (NYSE:NSC) last announced its quarterly earnings data on Thursday, January 29th. The railroad operator reported $3.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.76 by $0.46. The business had revenue of $3 billion during the quarter, compared to the consensus estimate of $3.03 billion. Norfolk Southern had a net margin of 23.59% and a return on equity of 18.78%. The firm’s quarterly revenue was down 1.7% compared to the same quarter last year. During the same quarter last year, the firm earned $3.04 earnings per share. Research analysts predict that Norfolk Southern Corporation will post 13 EPS for the current year.

Norfolk Southern Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 20th. Investors of record on Friday, February 6th will be issued a dividend of $1.35 per share. The ex-dividend date is Friday, February 6th. This represents a $5.40 dividend on an annualized basis and a yield of 1.9%. Norfolk Southern’s payout ratio is presently 41.19%.

Analyst Ratings Changes

Several brokerages recently weighed in on NSC. JPMorgan Chase & Co. reduced their price target on shares of Norfolk Southern from $301.00 to $296.00 and set a “neutral” rating on the stock in a research report on Friday. Deutsche Bank Aktiengesellschaft cut shares of Norfolk Southern from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $354.00 to $297.00 in a research note on Thursday, December 11th. Weiss Ratings restated a “hold (c+)” rating on shares of Norfolk Southern in a report on Thursday, January 22nd. Barclays decreased their target price on shares of Norfolk Southern from $340.00 to $320.00 and set an “overweight” rating on the stock in a research report on Friday. Finally, Evercore ISI lifted their price target on Norfolk Southern from $298.00 to $299.00 in a research report on Thursday, December 18th. Eight analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $303.32.

Key Headlines Impacting Norfolk Southern

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

• Positive Sentiment: NSC reported quarterly EPS that beat consensus (reported $3.22 vs. ~ $2.76 expected), driven by pricing and cost control that lifted margins and helped results despite softer volumes. Read More.
• Positive Sentiment: Company highlighted sustained productivity improvements and over $215 million in annual savings for the full year, which supports cashflow and profitability going forward. Read More.
• Positive Sentiment: Operating-performance metrics beat some expectations (operating ratio ~68.5%), and management emphasized cost discipline as a buffer against a challenging macro backdrop. Read More.
• Neutral Sentiment: Earnings call transcript, slide deck and detailed presentation are available for investors who want forward guidance and segment-level color. These materials are useful for assessing whether productivity gains and pricing can continue. Read More.
• Neutral Sentiment: Benzinga ran an “Expert Outlook” summarizing the views of eight analysts — useful for gauging consensus and differing assumptions on volumes, pricing and margin recovery. Read More.
• Negative Sentiment: Revenue slightly missed expectations (reported ~$3.0B vs. ~$3.03B consensus), reflecting weaker volumes — a reminder that top-line risk remains if demand softens. Read More.
• Negative Sentiment: Two large firms trimmed price targets (JPMorgan: $301 → $296; Citigroup: $317 → $300) and keep neutral ratings, which caps near-term analyst-driven upside despite the beat. Read More.

Insider Activity at Norfolk Southern

In other Norfolk Southern news, Director William Jr. Clyburn acquired 204 shares of the business’s stock in a transaction on Friday, December 5th. The shares were bought at an average price of $294.79 per share, with a total value of $60,137.16. Following the transaction, the director directly owned 405 shares of the company’s stock, valued at $119,389.95. The trade was a 101.49% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, Director Sameh Fahmy bought 1,650 shares of Norfolk Southern stock in a transaction on Wednesday, November 5th. The stock was acquired at an average price of $282.97 per share, for a total transaction of $466,900.50. Following the purchase, the director owned 12,000 shares of the company’s stock, valued at approximately $3,395,640. This trade represents a 15.94% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.06% of the stock is owned by company insiders.

Norfolk Southern Profile

Norfolk Southern Corporation is a major U.S. freight railroad company that provides rail transportation and related logistics services. As a Class I carrier, the company operates an extensive network across the eastern United States and offers scheduled freight service for a broad range of industries. Its core operations include long-haul and regional rail freight transportation, intermodal services that move containers and trailers between rail and other modes, and terminal and switching services that support efficient rail shipments for industrial and port customers.

The company transports a variety of commodities, serving sectors such as coal and energy, automotive and automotive parts, chemicals, agriculture, metals and construction materials, and consumer goods.