Welch Group LLC Boosts Stake in Norfolk Southern Corporation $NSC

Posted by on Jun 27th, 2026

Welch Group LLC boosted its holdings in Norfolk Southern Corporation (NYSE:NSC – Free Report) by 364.4% during the first quarter, Holdings Channel.com reports. The fund owned 14,503 shares of the railroad operator’s stock after buying an additional 11,380 shares during the quarter. Welch Group LLC’s holdings in Norfolk Southern were worth $4,162,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Cannon Global Investment Management LLC increased its position in shares of Norfolk Southern by 12.9% in the first quarter. Cannon Global Investment Management LLC now owns 7,000 shares of the railroad operator’s stock worth $2,009,000 after purchasing an additional 800 shares during the last quarter. Aaron Wealth Advisors LLC purchased a new position in Norfolk Southern in the 1st quarter worth approximately $276,000. Louisiana State Employees Retirement System purchased a new position in Norfolk Southern in the 1st quarter worth approximately $3,272,000. First American Bank bought a new position in shares of Norfolk Southern in the 1st quarter worth $228,000. Finally, Fiduciary Alliance LLC increased its holdings in shares of Norfolk Southern by 85.8% in the 1st quarter. Fiduciary Alliance LLC now owns 2,168 shares of the railroad operator’s stock worth $645,000 after buying an additional 1,001 shares during the last quarter. Hedge funds and other institutional investors own 75.10% of the company’s stock.

Norfolk Southern Trading Up 0.3%

Shares of NSC stock opened at $312.88 on Friday. The business has a 50-day moving average of $310.79 and a 200 day moving average of $301.10. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.91 and a quick ratio of 0.81. Norfolk Southern Corporation has a 1-year low of $254.18 and a 1-year high of $326.00. The stock has a market capitalization of $70.27 billion, a PE ratio of 26.36, a P/E/G ratio of 5.76 and a beta of 1.27.

Norfolk Southern (NYSE:NSC – Get Free Report) last announced 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. Norfolk Southern had a return on equity of 18.30% and a net margin of 21.91%.The business had revenue of $3 billion for the quarter, compared to analysts’ expectations of $3.13 billion. During the same period in the previous year, the firm earned $2.69 EPS. The business’s quarterly revenue was up .2% on a year-over-year basis. As a group, sell-side analysts anticipate that Norfolk Southern Corporation will post 12.12 earnings per share for the current year.

Norfolk Southern Announces Dividend

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

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on NSC. Weiss Ratings downgraded shares of Norfolk Southern from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, April 27th. Susquehanna increased their target price on Norfolk Southern from $330.00 to $337.00 and gave the company a “neutral” rating in a research note on Friday, June 5th. UBS Group set a $327.00 price target on Norfolk Southern in a research report on Thursday, May 7th. JPMorgan Chase & Co. dropped their price target on Norfolk Southern from $296.00 to $292.00 and set a “neutral” rating for the company in a research note on Tuesday, April 7th. Finally, Royal Bank Of Canada cut their price objective on Norfolk Southern from $360.00 to $320.00 and set a “sector perform” rating for the company in a report on Wednesday. Six research analysts have rated the stock with a Buy rating and sixteen have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $320.35.

View Our Latest Stock Report on Norfolk Southern

About Norfolk Southern

(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.

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Institutional Ownership by Quarter for Norfolk Southern (NYSE:NSC)

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