Norfolk Southern Corporation $NSC Shares Acquired by Kentucky Retirement Systems

Posted by Geri Gentry on Jul 30th, 2026

Kentucky Retirement Systems raised its holdings in shares of Norfolk Southern Corporation (NYSE:NSC – Free Report) by 79.9% in the first quarter, HoldingsChannel reports. The institutional investor owned 25,504 shares of the railroad operator’s stock after purchasing an additional 11,325 shares during the quarter. Kentucky Retirement Systems’ holdings in Norfolk Southern were worth $7,320,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in NSC. Moss Adams Wealth Advisors LLC increased its holdings in shares of Norfolk Southern by 4.6% in the fourth quarter. Moss Adams Wealth Advisors LLC now owns 791 shares of the railroad operator’s stock valued at $228,000 after buying an additional 35 shares in the last quarter. Confluence Wealth Services Inc. boosted its stake in shares of Norfolk Southern by 1.1% during the 4th quarter. Confluence Wealth Services Inc. now owns 3,090 shares of the railroad operator’s stock worth $892,000 after acquiring an additional 35 shares in the last quarter. Exencial Wealth Advisors LLC boosted its stake in shares of Norfolk Southern by 1.1% during the 4th quarter. Exencial Wealth Advisors LLC now owns 3,216 shares of the railroad operator’s stock worth $929,000 after acquiring an additional 35 shares in the last quarter. Sovereign Financial Group Inc. grew its holdings in shares of Norfolk Southern by 3.3% in the 1st quarter. Sovereign Financial Group Inc. now owns 1,108 shares of the railroad operator’s stock worth $318,000 after acquiring an additional 35 shares during the last quarter. Finally, Bar Harbor Wealth Management boosted its holdings in shares of Norfolk Southern by 0.6% in the first quarter. Bar Harbor Wealth Management now owns 6,290 shares of the railroad operator’s stock worth $1,805,000 after buying an additional 36 shares during the period. Institutional investors and hedge funds own 75.10% of the company’s stock.

Norfolk Southern Stock Performance

NSC opened at $336.55 on Thursday. The company has a quick ratio of 0.73, a current ratio of 0.83 and a debt-to-equity ratio of 0.98. The stock’s 50 day moving average price is $318.76 and its two-hundred day moving average price is $307.37. The firm has a market capitalization of $75.59 billion, a P/E ratio of 28.72, a price-to-earnings-growth ratio of 6.03 and a beta of 1.27. Norfolk Southern Corporation has a 12-month low of $268.23 and a 12-month high of $358.60.

Norfolk Southern (NYSE:NSC – Get Free Report) last issued its quarterly earnings results 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 company had revenue of $3.46 billion during the quarter, compared to analyst estimates of $3.38 billion. During the same period in the previous year, the company earned $3.29 earnings per share. The company’s quarterly revenue was up 12.5% compared to the same quarter last year. On average, equities analysts forecast that Norfolk Southern Corporation will post 12.6 earnings per share for the current year.

Norfolk Southern Dividend Announcement

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

Wall Street Analysts Forecast Growth

NSC has been the topic of several recent analyst reports. Royal Bank Of Canada boosted their target price on shares of Norfolk Southern from $320.00 to $360.00 and gave the company a “sector perform” rating in a research note on Friday, July 24th. Evercore set a $358.00 price target on Norfolk Southern in a report on Thursday, July 23rd. Stephens upgraded shares of Norfolk Southern to a “hold” rating in a research note on Wednesday, July 8th. Benchmark restated a “hold” rating on shares of Norfolk Southern in a report on Friday, July 24th. Finally, Jefferies Financial Group lowered their target price on shares of Norfolk Southern from $350.00 to $310.00 and set a “hold” rating on the stock in a research report on Monday, April 6th. Seven analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $348.00.

Read Our Latest Research 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.