Pallas Capital Advisors LLC Acquires New Position in Norfolk Southern Corporation $NSC

Posted by Brian Himes on Aug 20th, 2026

Pallas Capital Advisors LLC bought a new position in Norfolk Southern Corporation (NYSE:NSC – Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 2,123 shares of the railroad operator’s stock, valued at approximately $668,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. JPL Wealth Management LLC bought a new stake in shares of Norfolk Southern in the 3rd quarter worth approximately $25,000. BNP Paribas bought a new position in shares of Norfolk Southern during the 2nd quarter valued at $26,000. Meeder Asset Management Inc. grew its holdings in shares of Norfolk Southern by 239.3% during the 4th quarter. Meeder Asset Management Inc. now owns 95 shares of the railroad operator’s stock valued at $27,000 after purchasing an additional 67 shares during the last quarter. Financial Life Planners purchased a new position in Norfolk Southern in the 1st quarter worth $33,000. Finally, Bayban purchased a new position in Norfolk Southern in the 4th quarter worth $34,000. Hedge funds and other institutional investors own 75.10% of the company’s stock.

Analyst Ratings Changes

NSC has been the subject of several analyst reports. UBS Group restated a “neutral” rating and set a $363.00 price target on shares of Norfolk Southern in a research report on Friday, July 24th. Wells Fargo & Company lifted their price objective on Norfolk Southern from $365.00 to $385.00 and gave the stock an “overweight” rating in a report on Friday, July 24th. Barclays boosted their target price on Norfolk Southern from $360.00 to $400.00 and gave the company an “overweight” rating in a research note on Friday, July 24th. BMO Capital Markets increased their target price on Norfolk Southern from $310.00 to $355.00 and gave the company a “market perform” rating in a report on Monday, July 27th. Finally, Citigroup raised their price target on Norfolk Southern from $351.00 to $376.00 and gave the stock a “neutral” rating in a research report on Friday, July 24th. Seven research analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the company. According to data from MarketBeat.com, Norfolk Southern presently has an average rating of “Hold” and an average target price of $348.00.

View Our Latest Stock Report on Norfolk Southern

Norfolk Southern Trading Up 2.0%

Shares of NSC opened at $345.56 on Thursday. The stock has a market capitalization of $77.62 billion, a P/E ratio of 29.48, a PEG ratio of 6.00 and a beta of 1.27. 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 firm has a fifty day simple moving average of $326.76 and a two-hundred day simple moving average of $312.66. Norfolk Southern Corporation has a twelve month low of $268.23 and a twelve month high of $358.60.

Norfolk Southern (NYSE:NSC – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The railroad operator reported $3.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.32 by $0.20. Norfolk Southern had a net margin of 21.02% and a return on equity of 18.21%. The business had revenue of $3.46 billion for the quarter, compared to analyst estimates of $3.38 billion. During the same quarter last year, the firm earned $3.29 EPS. The company’s revenue was up 12.5% on a year-over-year basis. On average, research analysts anticipate that Norfolk Southern Corporation will post 12.66 EPS for the current year.

Norfolk Southern Dividend Announcement

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

Norfolk Southern 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.