Langley Wealth Management LLC Acquires Shares of 2,185 Norfolk Southern Corporation $NSC

Posted by George Bondi on Aug 16th, 2026

Langley Wealth Management LLC bought a new stake in shares of Norfolk Southern Corporation (NYSE:NSC – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 2,185 shares of the railroad operator’s stock, valued at approximately $54,000.

A number of other hedge funds and other institutional investors have also modified their holdings of NSC. Louisiana State Employees Retirement System acquired a new stake in shares of Norfolk Southern during the first quarter worth approximately $3,272,000. O Shaughnessy Asset Management LLC raised its holdings in Norfolk Southern by 9.8% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 43,408 shares of the railroad operator’s stock valued at $12,533,000 after acquiring an additional 3,887 shares in the last quarter. GABELLI & Co INVESTMENT ADVISERS INC. raised its holdings in Norfolk Southern by 49.3% in the fourth quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 50,620 shares of the railroad operator’s stock valued at $14,615,000 after acquiring an additional 16,720 shares in the last quarter. PensionDanmark Pensionsforsikringsaktieselskab boosted its stake in Norfolk Southern by 29.2% during the 2nd quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 54,620 shares of the railroad operator’s stock valued at $17,183,000 after acquiring an additional 12,350 shares during the last quarter. Finally, Gabelli Funds LLC boosted its stake in Norfolk Southern by 54.4% during the 4th quarter. Gabelli Funds LLC now owns 51,112 shares of the railroad operator’s stock valued at $14,757,000 after acquiring an additional 18,012 shares during the last quarter. 75.10% of the stock is owned by hedge funds and other institutional investors.

Norfolk Southern Stock Performance

Norfolk Southern stock opened at $334.69 on Friday. 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 Corporation has a 12 month low of $268.23 and a 12 month high of $358.60. The company has a fifty day moving average price of $324.87 and a two-hundred day moving average price of $311.36. The company has a market cap of $75.17 billion, a PE ratio of 28.56, a P/E/G ratio of 5.92 and a beta of 1.27.

Norfolk Southern (NYSE:NSC – Get Free Report) last issued its earnings results on Thursday, July 23rd. The railroad operator reported $3.52 earnings per share 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 company had revenue of $3.46 billion for the quarter, compared to analysts’ expectations of $3.38 billion. During the same period in the prior year, the company earned $3.29 earnings per share. The firm’s revenue was up 12.5% compared to the same quarter last year. Research analysts expect that Norfolk Southern Corporation will post 12.66 earnings per share for the current year.

Norfolk Southern Announces Dividend

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

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on NSC. Susquehanna raised their price objective on shares of Norfolk Southern from $337.00 to $360.00 and gave the stock a “neutral” rating in a report on Tuesday, July 14th. JPMorgan Chase & Co. upped their target price on shares of Norfolk Southern from $316.00 to $338.00 and gave the company a “neutral” rating in a research note on Friday, July 24th. Robert W. Baird increased their price target on shares of Norfolk Southern from $360.00 to $377.00 and gave the stock a “neutral” rating in a research report on Monday, July 27th. Wall Street Zen upgraded Norfolk Southern from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Finally, Barclays boosted their price objective on Norfolk Southern from $360.00 to $400.00 and gave the company an “overweight” rating in a report on Friday, July 24th. Seven investment analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $348.00.

Check Out Our Latest Stock Analysis on Norfolk Southern

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.