2,557 Shares in Norfolk Southern Corporation $NSC Purchased by Independent Financial Group LLC

Posted by Brian Himes on Jul 22nd, 2026

Independent Financial Group LLC purchased a new position in Norfolk Southern Corporation (NYSE:NSC – Free Report) during the first quarter, HoldingsChannel reports. The institutional investor purchased 2,557 shares of the railroad operator’s stock, valued at approximately $734,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. JPL Wealth Management LLC acquired a new stake in shares of Norfolk Southern in the third quarter worth approximately $25,000. Meeder Asset Management Inc. increased its position in Norfolk Southern by 239.3% during the fourth quarter. Meeder Asset Management Inc. now owns 95 shares of the railroad operator’s stock worth $27,000 after purchasing an additional 67 shares during the last quarter. BNP Paribas acquired a new position in Norfolk Southern during the second quarter worth approximately $26,000. Financial Life Planners purchased a new position in Norfolk Southern during the first quarter worth approximately $33,000. Finally, Bayban purchased a new position in Norfolk Southern during the fourth quarter worth approximately $34,000. Institutional investors and hedge funds own 75.10% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. BMO Capital Markets boosted their price objective on shares of Norfolk Southern from $305.00 to $310.00 and gave the company a “market perform” rating in a research note on Monday, April 27th. Rothschild & Co Redburn increased their target price on Norfolk Southern from $308.00 to $315.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. Wells Fargo & Company lifted their target price on Norfolk Southern from $350.00 to $365.00 and gave the company an “overweight” rating in a report on Wednesday, July 8th. Jefferies Financial Group lowered their price target on Norfolk Southern from $350.00 to $310.00 and set a “hold” rating for the company in a research report on Monday, April 6th. Finally, TD Cowen upped their price target on Norfolk Southern from $313.00 to $337.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. Six research analysts have rated the stock with a Buy rating and seventeen have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $329.35.

Get Our Latest Research Report on Norfolk Southern

Norfolk Southern Trading Down 0.9%

Shares of NSC stock opened at $331.81 on Wednesday. The company has a quick ratio of 0.81, a current ratio of 0.91 and a debt-to-equity ratio of 1.04. Norfolk Southern Corporation has a fifty-two week low of $268.23 and a fifty-two week high of $342.53. The firm’s 50 day moving average price is $315.65 and its two-hundred day moving average price is $305.12. The stock has a market cap of $74.52 billion, a price-to-earnings ratio of 27.95, a price-to-earnings-growth ratio of 6.12 and a beta of 1.27.

Norfolk Southern (NYSE:NSC – Get Free Report) last released its quarterly earnings data on Friday, April 24th. The railroad operator reported $2.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.49 by $0.16. Norfolk Southern had a net margin of 21.91% and a return on equity of 18.30%. The company had revenue of $3 billion during the quarter, compared to analyst estimates of $3.13 billion. During the same quarter in the prior year, the business earned $2.69 earnings per share. The business’s quarterly revenue was up .2% compared to the same quarter last year. On average, analysts anticipate that Norfolk Southern Corporation will post 12.24 EPS for the current year.

Norfolk Southern Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, May 20th. Investors of record on Friday, May 8th were issued a $1.35 dividend. This represents a $5.40 annualized dividend and a yield of 1.6%. The ex-dividend date was Friday, May 8th. Norfolk Southern’s dividend payout ratio is currently 45.49%.

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.