Norfolk Southern Corporation $NSC Shares Purchased by Rokos Capital Management LLP

Posted by Francis Steltz on Jul 28th, 2026

Rokos Capital Management LLP raised its position in Norfolk Southern Corporation (NYSE:NSC – Free Report) by 44.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 136,435 shares of the railroad operator’s stock after purchasing an additional 41,942 shares during the quarter. Rokos Capital Management LLP’s holdings in Norfolk Southern were worth $39,175,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of Norfolk Southern by 1.3% in the 4th quarter. Vanguard Group Inc. now owns 20,825,837 shares of the railroad operator’s stock valued at $6,012,836,000 after buying an additional 272,651 shares during the period. State Street Corp boosted its holdings in Norfolk Southern by 4.1% during the 4th quarter. State Street Corp now owns 9,710,549 shares of the railroad operator’s stock valued at $2,803,630,000 after acquiring an additional 379,819 shares during the period. Geode Capital Management LLC boosted its holdings in Norfolk Southern by 0.7% during 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 acquiring an additional 36,205 shares during the period. Norges Bank acquired a new position in Norfolk Southern in the 4th quarter valued at about $1,084,701,000. Finally, Pentwater Capital Management LP grew its position in Norfolk Southern by 9.8% in the 4th quarter. Pentwater Capital Management LP now owns 3,019,000 shares of the railroad operator’s stock valued at $871,646,000 after acquiring an additional 269,000 shares in the last quarter. 75.10% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on NSC shares. Royal Bank Of Canada increased their price target on shares of Norfolk Southern from $320.00 to $360.00 and gave the stock a “sector perform” rating in a research report on Friday. Weiss Ratings upgraded shares of Norfolk Southern from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday. Robert W. Baird upped their target price on shares of Norfolk Southern from $360.00 to $377.00 and gave the stock a “neutral” rating in a research note on Monday. JPMorgan Chase & Co. increased their target price on shares of Norfolk Southern from $316.00 to $338.00 and gave the stock a “neutral” rating in a report on Friday. Finally, Rothschild & Co Redburn raised their price target on shares of Norfolk Southern from $308.00 to $315.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. Seven research analysts have rated the stock with a Buy rating and sixteen have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Norfolk Southern currently has an average rating of “Hold” and a consensus price target of $348.00.

View Our Latest Stock Analysis on Norfolk Southern

Key Headlines Impacting Norfolk Southern

Here are the key news stories impacting Norfolk Southern this week:

Positive Sentiment: Norfolk Southern and Union Pacific submitted supplemental information to the Surface Transportation Board (STB), including expanded gateway-pricing commitments and customer protections. The companies said the measures are designed to support faster, more reliable service and address concerns about the proposed merger. The filing may improve the merger’s regulatory prospects, although STB approval remains outstanding. Union Pacific and Norfolk Southern merger customer assurances
Positive Sentiment: BMO Capital Markets raised its Norfolk Southern price target to $355 from $310, while Robert W. Baird increased its target to $377 from $360. The higher targets suggest analysts see additional potential value, despite BMO retaining a “market perform” rating and Baird maintaining a “neutral” rating. Benzinga analyst price targets
Neutral Sentiment: Reports citing JPMorgan, Wells Fargo and Citigroup analysts indicated expectations for Norfolk Southern shares to appreciate, while Barclays continued to rate the stock “buy.” These calls reinforce a generally constructive outlook but provide less immediate impact than a change in earnings or company guidance. JPMorgan analyst outlook Wells Fargo analyst outlook Citigroup analyst outlook Barclays rating
Negative Sentiment: No new material negative operating or earnings update was reported. However, merger-related regulatory uncertainty remains a risk, and the stock’s elevated valuation means investors may require continued execution and progress toward approval to justify further gains.

Norfolk Southern Price Performance

NSC stock opened at $343.05 on Tuesday. The business’s 50-day moving average is $317.84 and its two-hundred day moving average is $306.66. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.83 and a quick ratio of 0.73. The firm has a market capitalization of $77.05 billion, a P/E ratio of 29.27, a P/E/G ratio of 6.32 and a beta of 1.27. Norfolk Southern Corporation has a 1 year low of $268.23 and a 1 year high of $358.60.

Norfolk Southern (NYSE:NSC – Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The railroad operator reported $3.52 EPS for the quarter, topping analysts’ consensus estimates of $3.32 by $0.20. Norfolk Southern had a return on equity of 18.21% and a net margin of 21.02%.The business had revenue of $3.46 billion during the quarter, compared to the consensus estimate of $3.38 billion. During the same period in the previous year, the company posted $3.29 earnings per share. The business’s revenue for the quarter was up 12.5% on a year-over-year basis. Analysts anticipate that Norfolk Southern Corporation will post 12.42 earnings per share for the current fiscal year.

Norfolk Southern Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 20th. Shareholders of record on Friday, August 7th will be issued a dividend of $1.35 per share. This represents a $5.40 annualized dividend and a yield of 1.6%. The ex-dividend date is Friday, August 7th. Norfolk Southern’s payout ratio is 46.08%.

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.