Norfolk Southern Corporation $NSC Shares Bought by PSquared Asset Management AG

Posted by Jeff Wilder on Jul 24th, 2026

PSquared Asset Management AG grew its stake in Norfolk Southern Corporation (NYSE:NSC – Free Report) by 4.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 96,385 shares of the railroad operator’s stock after acquiring an additional 4,322 shares during the quarter. Norfolk Southern accounts for 9.6% of PSquared Asset Management AG’s holdings, making the stock its 5th biggest position. PSquared Asset Management AG’s holdings in Norfolk Southern were worth $27,662,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of NSC. Compound Planning Inc. boosted its stake in Norfolk Southern by 7.2% during the 1st quarter. Compound Planning Inc. now owns 3,097 shares of the railroad operator’s stock worth $889,000 after acquiring an additional 209 shares during the last quarter. Modern Wealth Management LLC raised its holdings in Norfolk Southern by 6.4% in the first quarter. Modern Wealth Management LLC now owns 950 shares of the railroad operator’s stock worth $272,000 after purchasing an additional 57 shares during the period. Arrowstreet Capital Limited Partnership boosted its position in shares of Norfolk Southern by 11.0% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,626,688 shares of the railroad operator’s stock worth $466,859,000 after purchasing an additional 160,703 shares in the last quarter. Caxton Associates LLP boosted its position in shares of Norfolk Southern by 328.0% during the first quarter. Caxton Associates LLP now owns 338,126 shares of the railroad operator’s stock worth $97,042,000 after purchasing an additional 259,126 shares in the last quarter. Finally, Capula Management Ltd grew its holdings in shares of Norfolk Southern by 189.5% in the 1st quarter. Capula Management Ltd now owns 144,749 shares of the railroad operator’s stock valued at $41,543,000 after buying an additional 94,749 shares during the period. Institutional investors own 75.10% of the company’s stock.

Norfolk Southern Stock Performance

NSC opened at $347.70 on Friday. The business’s 50-day moving average price is $316.67 and its two-hundred day moving average price is $305.84. Norfolk Southern Corporation has a 1 year low of $268.23 and a 1 year high of $358.60. The company has a market capitalization of $78.09 billion, a price-to-earnings ratio of 29.29, a P/E/G ratio of 6.05 and a beta of 1.27. 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 quarterly earnings results on Thursday, July 23rd. The railroad operator reported $3.52 EPS for the quarter, beating analysts’ consensus estimates of $3.32 by $0.20. The company had revenue of $3.46 billion for the quarter, compared to analyst estimates of $3.38 billion. Norfolk Southern had a return on equity of 18.30% and a net margin of 21.91%.The company’s quarterly revenue was up 12.5% compared to the same quarter last year. During the same period in the previous year, the company posted $3.29 earnings per share. Equities analysts expect that Norfolk Southern Corporation will post 12.24 EPS for the current fiscal year.

Norfolk Southern Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 20th. Shareholders of record on Friday, August 7th will be paid a $1.35 dividend. The ex-dividend date is Friday, August 7th. This represents a $5.40 annualized dividend and a yield of 1.6%. Norfolk Southern’s payout ratio is presently 45.49%.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Robert W. Baird boosted their target price on Norfolk Southern from $330.00 to $360.00 and gave the company a “neutral” rating in a research note on Friday, July 10th. Rothschild & Co Redburn raised their price target on Norfolk Southern from $308.00 to $315.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. Evercore set a $358.00 price objective on Norfolk Southern in a report on Thursday. BMO Capital Markets boosted their price objective 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. Finally, Stephens upgraded shares of Norfolk Southern to a “hold” rating in a report on Wednesday, July 8th. Six equities research analysts have rated the stock with a Buy rating and seventeen have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $331.29.

Read Our Latest Research Report on NSC

Trending Headlines about Norfolk Southern

Here are the key news stories impacting Norfolk Southern this week:

Positive Sentiment: Norfolk Southern reported second-quarter adjusted earnings of $3.52 per share, topping estimates, while revenue rose to a record roughly $3.5 billion and increased 12.5% year over year. Article: Norfolk Southern (NSC) Q2 Earnings and Revenues Top Estimates
Positive Sentiment: Management pointed to stronger freight demand, higher fuel surcharges, volume growth, and intermodal gains as key drivers of the quarter, which helped boost investor confidence in operating momentum. Article: Norfolk Southern rides freight demand, fuel surcharges to quarterly profit beat
Positive Sentiment: The company said it achieved record quarterly revenue, and several outlets noted the stock rose as the revenue surge and earnings beat outweighed margin compression. Article: Norfolk Southern Stock Rises as Revenue Surge Offsets Margin Compression
Neutral Sentiment: Norfolk Southern also announced a quarterly dividend of $1.35 per share, reinforcing shareholder returns but not changing the main earnings-driven stock move. Article: Norfolk Southern earnings report and conference call

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.