Piedmont Capital Management LLC NC Invests $528,000 in Norfolk Southern Corporation $NSC

Posted by Stanley Muller on Jun 15th, 2026

Piedmont Capital Management LLC NC acquired a new position in shares of Norfolk Southern Corporation (NYSE:NSC – Free Report) in the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 1,828 shares of the railroad operator’s stock, valued at approximately $528,000.

Several other large investors also recently modified their holdings of the company. Gilbert & Cook Inc. increased its position in shares of Norfolk Southern by 1.4% during the fourth quarter. Gilbert & Cook Inc. now owns 2,515 shares of the railroad operator’s stock worth $726,000 after buying an additional 35 shares during the period. Moss Adams Wealth Advisors LLC increased its position in shares of Norfolk Southern by 4.6% during the fourth quarter. Moss Adams Wealth Advisors LLC now owns 791 shares of the railroad operator’s stock worth $228,000 after buying an additional 35 shares during the period. Confluence Wealth Services Inc. increased its position in shares of Norfolk Southern by 1.1% during the fourth quarter. Confluence Wealth Services Inc. now owns 3,090 shares of the railroad operator’s stock worth $892,000 after buying an additional 35 shares during the period. Exencial Wealth Advisors LLC increased its position in shares of Norfolk Southern by 1.1% during the fourth quarter. Exencial Wealth Advisors LLC now owns 3,216 shares of the railroad operator’s stock worth $929,000 after buying an additional 35 shares during the period. Finally, Quotient Wealth Partners LLC increased its position in shares of Norfolk Southern by 4.5% during the fourth quarter. Quotient Wealth Partners LLC now owns 864 shares of the railroad operator’s stock worth $250,000 after buying an additional 37 shares during the period. 75.10% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on NSC. Royal Bank Of Canada increased their price objective on shares of Norfolk Southern from $310.00 to $360.00 and gave the stock a “sector perform” rating in a research report on Friday, April 24th. JPMorgan Chase & Co. decreased their price objective on shares of Norfolk Southern from $296.00 to $292.00 and set a “neutral” rating for the company in a research report on Tuesday, April 7th. BMO Capital Markets increased their price objective on shares of Norfolk Southern from $305.00 to $310.00 and gave the stock a “market perform” rating in a research report on Monday, April 27th. TD Cowen increased their price objective on shares of Norfolk Southern from $313.00 to $337.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. Finally, Citigroup restated a “neutral” rating on shares of Norfolk Southern in a report on Friday, April 24th. Six analysts have rated the stock with a Buy rating and sixteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $322.71.

View Our Latest Analysis on Norfolk Southern

Norfolk Southern Trading Up 0.0%

NYSE:NSC opened at $314.05 on Monday. The company has a current ratio of 0.91, a quick ratio of 0.81 and a debt-to-equity ratio of 1.04. The stock has a market capitalization of $70.53 billion, a price-to-earnings ratio of 26.46, a PEG ratio of 5.79 and a beta of 1.27. The firm has a fifty day simple moving average of $308.35 and a two-hundred day simple moving average of $300.20. Norfolk Southern Corporation has a 12 month low of $247.85 and a 12 month high of $326.00.

Norfolk Southern (NYSE:NSC – Get Free Report) last posted its quarterly earnings results on Friday, April 24th. The railroad operator reported $2.65 EPS for the quarter, topping analysts’ consensus estimates of $2.49 by $0.16. The business had revenue of $3 billion during the quarter, compared to analysts’ expectations of $3.13 billion. Norfolk Southern had a net margin of 21.91% and a return on equity of 18.30%. The business’s quarterly revenue was up .2% on a year-over-year basis. During the same period last year, the company posted $2.69 earnings per share. Analysts expect that Norfolk Southern Corporation will post 12.12 EPS for the current fiscal year.

Norfolk Southern Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, May 20th. Shareholders of record on Friday, May 8th were issued a $1.35 dividend. This represents a $5.40 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date was Friday, May 8th. Norfolk Southern’s dividend payout ratio (DPR) is presently 45.49%.

Norfolk Southern Company 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.