TD Waterhouse Canada Inc. Sells 6,020 Shares of Norfolk Southern Corporation $NSC

TD Waterhouse Canada Inc. decreased its position in Norfolk Southern Corporation (NYSE:NSC) by 43.6% in the third quarter, Holdings Channel reports. The firm owned 7,802 shares of the railroad operator’s stock after selling 6,020 shares during the period. TD Waterhouse Canada Inc.’s holdings in Norfolk Southern were worth $2,330,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of NSC. ORG Partners LLC grew its position in shares of Norfolk Southern by 75.0% during the 3rd quarter. ORG Partners LLC now owns 84 shares of the railroad operator’s stock worth $25,000 after buying an additional 36 shares in the last quarter. BNP Paribas bought a new stake in shares of Norfolk Southern in the second quarter valued at about $26,000. True Wealth Design LLC lifted its stake in Norfolk Southern by 423.8% in the second 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 period. Highline Wealth Partners LLC grew its holdings in 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 increased its position in Norfolk Southern by 58.5% during the 2nd quarter. NewSquare Capital LLC now owns 130 shares of the railroad operator’s stock valued at $33,000 after purchasing an additional 48 shares during the period. 75.10% of the stock is currently owned by hedge funds and other institutional investors.

Norfolk Southern News Roundup

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.

Norfolk Southern Stock Up 0.4%

Shares of NSC stock opened at $291.40 on Friday. The stock’s fifty day moving average price is $290.40 and its 200 day moving average price is $285.85. Norfolk Southern Corporation has a 1-year low of $201.63 and a 1-year high of $302.24. The company has a market cap of $65.39 billion, a price-to-earnings ratio of 22.86, a price-to-earnings-growth ratio of 5.08 and a beta of 1.33. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.85 and a quick ratio of 0.78.

Norfolk Southern (NYSE:NSC) last issued its quarterly earnings results on Thursday, January 29th. The railroad operator reported $3.22 earnings per share for the quarter, topping the consensus estimate of $2.76 by $0.46. Norfolk Southern had a return on equity of 18.78% and a net margin of 23.59%.The business had revenue of $3 billion during the quarter, compared to the consensus estimate of $3.03 billion. During the same quarter last year, the company earned $3.04 earnings per share. The company’s quarterly revenue was down 1.7% on a year-over-year basis. On average, research 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 announced a quarterly dividend, which will be paid on Friday, February 20th. Shareholders of record on Friday, February 6th will be given a dividend of $1.35 per share. This represents a $5.40 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Friday, February 6th. Norfolk Southern’s payout ratio is currently 41.19%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. TD Cowen lowered their price target on shares of Norfolk Southern from $320.00 to $314.00 and set a “buy” rating for the company in a research report on Friday, October 24th. Barclays lowered their target price on Norfolk Southern from $340.00 to $320.00 and set an “overweight” rating for the company in a report on Friday. Citigroup cut their price target on Norfolk Southern from $317.00 to $300.00 and set a “neutral” rating on the stock in a report on Friday. Weiss Ratings restated a “hold (c+)” rating on shares of Norfolk Southern in a research note on Thursday, January 22nd. Finally, Susquehanna raised their price objective on Norfolk Southern from $304.00 to $305.00 and gave the company a “neutral” rating in a research report on Friday. Eight research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Norfolk Southern presently has a consensus rating of “Hold” and a consensus price target of $303.32.

Insider Buying and Selling at Norfolk Southern

In other Norfolk Southern news, EVP Anil Bhatt sold 900 shares of the firm’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $281.60, for a total value of $253,440.00. Following the completion of the transaction, the executive vice president owned 1,413 shares of the company’s stock, valued at approximately $397,900.80. This trade represents a 38.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Sameh Fahmy acquired 1,650 shares of the stock in a transaction dated Wednesday, November 5th. The shares were bought at an average price of $282.97 per share, with a total value of $466,900.50. Following the completion of the purchase, the director directly owned 12,000 shares of the company’s stock, valued at approximately $3,395,640. This trade represents a 15.94% increase in their position. The SEC filing for this purchase provides additional information. 0.06% of the stock is currently owned by company insiders.

Norfolk Southern Company 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.