Corient Private Wealth LP Purchases Shares of 90,960 Norfolk Southern Corporation $NSC

Posted by Francis Steltz on Aug 28th, 2026

Corient Private Wealth LP purchased a new stake in shares of Norfolk Southern Corporation (NYSE:NSC – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 90,960 shares of the railroad operator’s stock, valued at approximately $28,615,000.

Other institutional investors have also recently made changes to their positions in the company. BlackRock Inc. bought a new stake in shares of Norfolk Southern during the 2nd quarter valued at $5,033,549,000. State Street Corp increased its stake in shares of Norfolk Southern by 4.1% in the 4th quarter. State Street Corp now owns 9,710,549 shares of the railroad operator’s stock worth $2,803,630,000 after purchasing an additional 379,819 shares in the last quarter. Geode Capital Management LLC raised its holdings in Norfolk Southern by 0.7% in the 4th quarter. Geode Capital Management LLC now owns 4,878,029 shares of the railroad operator’s stock worth $1,401,797,000 after purchasing an additional 36,205 shares during the period. Norges Bank bought a new position in Norfolk Southern in the 4th quarter worth $1,084,701,000. Finally, Bank of America Corp DE purchased a new position in Norfolk Southern during the second quarter valued at $978,977,000. Institutional investors own 75.10% of the company’s stock.

Norfolk Southern Trading Down 1.5%

Shares of NSC stock opened at $347.32 on Friday. Norfolk Southern Corporation has a 52-week low of $268.23 and a 52-week high of $358.60. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.73 and a current ratio of 0.83. The firm has a market capitalization of $78.01 billion, a PE ratio of 29.63, a PEG ratio of 5.29 and a beta of 1.27. The stock has a fifty day simple moving average of $331.90 and a two-hundred day simple moving average of $314.78.

Norfolk Southern (NYSE:NSC – Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The railroad operator reported $3.52 EPS for the quarter, beating the consensus estimate of $3.32 by $0.20. The business had revenue of $3.46 billion for the quarter, compared to the consensus estimate of $3.38 billion. Norfolk Southern had a return on equity of 18.21% and a net margin of 21.02%.The business’s revenue was up 12.5% on a year-over-year basis. During the same period in the previous year, the business earned $3.29 earnings per share. On average, analysts predict that Norfolk Southern Corporation will post 12.74 EPS for the current fiscal year.

Norfolk Southern Announces Dividend

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

Wall Street Analysts Forecast Growth

Several research firms have issued reports on NSC. BMO Capital Markets boosted their price target on Norfolk Southern from $310.00 to $355.00 and gave the company a “market perform” rating in a report on Monday, July 27th. UBS Group reaffirmed a “neutral” rating and set a $363.00 price objective on shares of Norfolk Southern in a research report on Friday, July 24th. JPMorgan Chase & Co. boosted their price objective on Norfolk Southern from $316.00 to $338.00 and gave the company a “neutral” rating in a research note on Friday, July 24th. Wells Fargo & Company increased their target price on shares of Norfolk Southern from $365.00 to $385.00 and gave the stock an “overweight” rating in a report on Friday, July 24th. Finally, Barclays raised their target price on shares of Norfolk Southern from $360.00 to $400.00 and gave the stock an “overweight” rating in a research note on Friday, July 24th. Seven equities 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, the company currently has a consensus rating of “Hold” and a consensus target price of $348.00.

View Our Latest Stock 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.