Simplicity Wealth LLC Takes $4.36 Million Position in Norfolk Southern Corporation $NSC

Posted by Geri Gentry on Aug 17th, 2026

Simplicity Wealth LLC purchased a new position in Norfolk Southern Corporation (NYSE:NSC – Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 13,845 shares of the railroad operator’s stock, valued at approximately $4,356,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Norges Bank acquired a new stake in Norfolk Southern during the fourth quarter valued at $1,084,701,000. Pentwater Capital Management LP acquired a new position in Norfolk Southern in the 3rd quarter worth about $826,128,000. Bank of New York Mellon Corp acquired a new position in Norfolk Southern in the 2nd quarter worth about $364,414,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Norfolk Southern by 545.2% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,306,203 shares of the railroad operator’s stock worth $392,396,000 after purchasing an additional 1,103,748 shares in the last quarter. Finally, Balyasny Asset Management L.P. purchased a new stake in shares of Norfolk Southern during the 3rd quarter worth about $329,629,000. 75.10% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have recently issued reports on NSC. Rothschild & Co Redburn lifted their price target on Norfolk Southern from $308.00 to $315.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Robert W. Baird increased their price objective on Norfolk Southern from $360.00 to $377.00 and gave the stock a “neutral” rating in a report on Monday, July 27th. Benchmark reaffirmed a “hold” rating on shares of Norfolk Southern in a research report on Friday, July 24th. Wall Street Zen upgraded shares of Norfolk Southern from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Finally, Royal Bank Of Canada boosted their target price 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, July 24th. Seven investment analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $348.00.

Read Our Latest Report on NSC

Norfolk Southern Price Performance

Shares of NYSE:NSC opened at $334.69 on Monday. The stock has a market capitalization of $75.17 billion, a P/E ratio of 28.56, a P/E/G ratio of 5.92 and a beta of 1.27. The business has a 50-day moving average of $324.87 and a two-hundred day moving average of $311.52. Norfolk Southern Corporation has a fifty-two week low of $268.23 and a fifty-two week high of $358.60. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.83 and a quick ratio of 0.73.

Norfolk Southern (NYSE:NSC – Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The railroad operator reported $3.52 EPS for the quarter, beating 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 for the quarter, compared to analyst estimates of $3.38 billion. During the same quarter in the prior year, the firm posted $3.29 EPS. The firm’s revenue for the quarter was up 12.5% on a year-over-year basis. On average, equities research analysts predict that Norfolk Southern Corporation will post 12.66 EPS for the current fiscal year.

Norfolk Southern Announces Dividend

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