Norfolk Southern Corporation $NSC Shares Sold by National Pension Service

Posted by Francis Steltz on May 30th, 2026

National Pension Service reduced its position in Norfolk Southern Corporation (NYSE:NSC – Free Report) by 3.4% in the 4th quarter, Holdings Channel reports. The firm owned 561,647 shares of the railroad operator’s stock after selling 19,614 shares during the quarter. National Pension Service’s holdings in Norfolk Southern were worth $162,159,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Linscomb Wealth Inc. raised its stake in Norfolk Southern by 0.6% in the 4th quarter. Linscomb Wealth Inc. now owns 42,116 shares of the railroad operator’s stock valued at $12,160,000 after purchasing an additional 238 shares during the last quarter. Savant Capital LLC raised its stake in Norfolk Southern by 6.6% in the 4th quarter. Savant Capital LLC now owns 10,968 shares of the railroad operator’s stock valued at $3,167,000 after purchasing an additional 675 shares during the last quarter. IFG Advisory LLC raised its stake in Norfolk Southern by 1.4% in the 4th quarter. IFG Advisory LLC now owns 3,545 shares of the railroad operator’s stock valued at $1,024,000 after purchasing an additional 50 shares during the last quarter. MidAtlantic Capital Management Inc. acquired a new position in Norfolk Southern in the 4th quarter valued at $87,000. Finally, Geode Capital Management LLC raised its stake in Norfolk Southern by 0.7% in the 4th quarter. Geode Capital Management LLC now owns 4,878,029 shares of the railroad operator’s stock valued at $1,401,797,000 after purchasing an additional 36,205 shares during the last quarter. 75.10% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently commented on NSC. Susquehanna increased their price objective on Norfolk Southern from $305.00 to $330.00 and gave the company a “neutral” rating in a research note on Wednesday, April 22nd. JPMorgan Chase & Co. dropped their target price on Norfolk Southern from $296.00 to $292.00 and set a “neutral” rating for the company in a report on Tuesday, April 7th. Jefferies Financial Group dropped their target price on Norfolk Southern from $350.00 to $310.00 and set a “hold” rating for the company in a report on Monday, April 6th. Robert W. Baird upped their target price on Norfolk Southern from $315.00 to $330.00 and gave the company a “neutral” rating in a report on Tuesday, April 28th. Finally, Benchmark restated a “hold” rating on shares of Norfolk Southern in a report on Friday, January 30th. Six research analysts have rated the stock with a Buy rating and seventeen have issued a Hold rating to the stock. Based on data from MarketBeat, Norfolk Southern has a consensus rating of “Hold” and an average price target of $319.83.

Read Our Latest Analysis on Norfolk Southern

Norfolk Southern Stock Down 0.9%

Shares of NYSE:NSC opened at $304.99 on Friday. The company has a quick ratio of 0.81, a current ratio of 0.91 and a debt-to-equity ratio of 1.04. The business has a fifty day moving average of $303.14 and a two-hundred day moving average of $298.30. The stock has a market cap of $68.50 billion, a P/E ratio of 25.69, a PEG ratio of 5.69 and a beta of 1.30. Norfolk Southern Corporation has a 52-week low of $241.82 and a 52-week high of $326.00.

Norfolk Southern (NYSE:NSC – Get Free Report) last issued its earnings results on Friday, April 24th. The railroad operator reported $2.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.49 by $0.16. The company had revenue of $3 billion during the quarter, compared to analysts’ expectations of $3.13 billion. Norfolk Southern had a return on equity of 18.30% and a net margin of 21.91%.The firm’s quarterly revenue was up .2% on a year-over-year basis. During the same period in the prior year, the business earned $2.69 EPS. On average, research analysts expect that Norfolk Southern Corporation will post 12.11 earnings per share for the current year.

Norfolk Southern Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 20th. Stockholders of record on Friday, May 8th were issued a dividend of $1.35 per share. The ex-dividend date was Friday, May 8th. This represents a $5.40 dividend on an annualized basis and a dividend yield of 1.8%. Norfolk Southern’s dividend payout ratio is currently 45.49%.

Norfolk Southern Profile

(Free Report)

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.