Norfolk Southern Corporation $NSC Holdings Decreased by BTC Capital Management Inc.

Posted by Brian Himes on Jun 25th, 2026

BTC Capital Management Inc. lowered its stake in Norfolk Southern Corporation (NYSE:NSC – Free Report) by 12.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 34,343 shares of the railroad operator’s stock after selling 4,832 shares during the quarter. BTC Capital Management Inc.’s holdings in Norfolk Southern were worth $9,853,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. JPL Wealth Management LLC bought a new stake in shares of Norfolk Southern during the 3rd quarter worth about $25,000. BNP Paribas acquired a new stake in shares of Norfolk Southern in the 2nd quarter worth approximately $26,000. GoalVest Advisory LLC boosted its holdings in shares of Norfolk Southern by 933.3% in the fourth quarter. GoalVest Advisory LLC now owns 93 shares of the railroad operator’s stock valued at $27,000 after acquiring an additional 84 shares in the last quarter. Meeder Asset Management Inc. boosted its holdings in shares of Norfolk Southern by 239.3% in the fourth quarter. Meeder Asset Management Inc. now owns 95 shares of the railroad operator’s stock valued at $27,000 after acquiring an additional 67 shares in the last quarter. Finally, FNY Investment Advisers LLC increased its stake in shares of Norfolk Southern by 669.2% during the third quarter. FNY Investment Advisers LLC now owns 100 shares of the railroad operator’s stock valued at $30,000 after acquiring an additional 87 shares during the period. Institutional investors own 75.10% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently commented on NSC. Evercore set a $325.00 target price on Norfolk Southern in a report on Friday, April 24th. Wall Street Zen raised Norfolk Southern from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. BMO Capital Markets lifted their price target on Norfolk Southern from $305.00 to $310.00 and gave the company a “market perform” rating in a research report on Monday, April 27th. Zacks Research raised Norfolk Southern from a “strong sell” rating to a “hold” rating in a research note on Wednesday, March 4th. Finally, Citigroup restated a “neutral” rating on shares of Norfolk Southern in a report on Friday, April 24th. Six analysts have rated the stock with a Buy rating and sixteen have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $320.35.

Read Our Latest Report on Norfolk Southern

Norfolk Southern Stock Up 0.2%

NSC stock opened at $303.94 on Thursday. Norfolk Southern Corporation has a 12 month low of $252.54 and a 12 month high of $326.00. The firm has a market cap of $68.26 billion, a PE ratio of 25.61, a P/E/G ratio of 5.60 and a beta of 1.27. The firm has a 50 day simple moving average of $310.25 and a 200 day simple moving average of $300.89. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.91 and a quick ratio of 0.81.

Norfolk Southern (NYSE:NSC – Get Free Report) last issued its earnings results on Friday, April 24th. The railroad operator reported $2.65 earnings per share for the quarter, topping analysts’ consensus estimates of $2.49 by $0.16. The firm had revenue of $3 billion during the quarter, compared to analysts’ expectations of $3.13 billion. Norfolk Southern had a net margin of 21.91% and a return on equity of 18.30%. The firm’s revenue for the quarter was up .2% compared to the same quarter last year. During the same period last year, the firm posted $2.69 earnings per share. Equities research analysts forecast that Norfolk Southern Corporation will post 12.12 earnings per share for the current fiscal year.

Norfolk Southern Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 20th. Stockholders of record on Friday, May 8th were paid a dividend of $1.35 per share. The ex-dividend date of this dividend was Friday, May 8th. This represents a $5.40 annualized dividend and a dividend yield of 1.8%. Norfolk Southern’s dividend payout ratio (DPR) 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.