Norfolk Southern (NYSE:NSC) Shares Acquired Rep. Marjorie Taylor Greene

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Norfolk Southern Co. NYSE: NSC. In a filing disclosed on January 27th, the Representative disclosed that they had bought between $1,001 and $15,000 in Norfolk Southern stock on January 21st.

Representative Marjorie Taylor Greene also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 1/21/2025.
• Purchased $1,001 - $15,000 in shares of NextEra Energy NYSE: NEE on 1/21/2025.
• Purchased $1,001 - $15,000 in shares of Old Dominion Freight Line NASDAQ: ODFL on 1/21/2025.
• Purchased $1,001 - $15,000 in shares of Palo Alto Networks NASDAQ: PANW on 1/21/2025.
• Purchased $1,001 - $15,000 in shares of Eli Lilly and Company NYSE: LLY on 1/21/2025.
• Purchased $1,001 - $15,000 in shares of Devon Energy NYSE: DVN on 1/21/2025.
• Purchased $1,001 - $15,000 in shares of Advanced Micro Devices NASDAQ: AMD on 1/21/2025.
• Purchased $1,001 - $15,000 in shares of Kinder Morgan NYSE: KMI on 1/21/2025.
• Purchased $1,001 - $15,000 in shares of Cardinal Health NYSE: CAH on 1/21/2025.
• Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 1/21/2025.

Norfolk Southern Price Performance

NYSE:NSC traded up $4.46 during trading hours on Wednesday, hitting $256.78. 2,255,067 shares of the stock were exchanged, compared to its average volume of 1,279,189. The firm's fifty day moving average price is $249.41 and its 200 day moving average price is $248.64. Norfolk Southern Co. has a 52-week low of $206.71 and a 52-week high of $277.60. The company has a market cap of $58.09 billion, a P/E ratio of 24.11, a P/E/G ratio of 2.29 and a beta of 1.34. The company has a current ratio of 0.73, a quick ratio of 0.65 and a debt-to-equity ratio of 1.21.

Norfolk Southern (NYSE:NSC - Get Free Report) last issued its earnings results on Wednesday, January 29th. The railroad operator reported $3.04 earnings per share for the quarter, topping the consensus estimate of $2.97 by $0.07. Norfolk Southern had a return on equity of 20.25% and a net margin of 19.85%. As a group, equities research analysts anticipate that Norfolk Southern Co. will post 11.78 EPS for the current fiscal year.

Norfolk Southern Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 20th. Investors of record on Friday, February 7th will be paid a $1.35 dividend. This represents a $5.40 dividend on an annualized basis and a yield of 2.10%. The ex-dividend date of this dividend is Friday, February 7th. Norfolk Southern's dividend payout ratio is presently 50.70%.

Insider Buying and Selling

In other Norfolk Southern news, Director Sameh Fahmy bought 350 shares of the business's stock in a transaction dated Thursday, December 12th. The shares were acquired at an average cost of $249.37 per share, with a total value of $87,279.50. Following the acquisition, the director now directly owns 10,350 shares of the company's stock, valued at $2,580,979.50. The trade was a 3.50 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. 0.19% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Stephens reissued an "equal weight" rating and set a $263.00 price target on shares of Norfolk Southern in a research report on Wednesday, October 23rd. TD Cowen raised their price target on shares of Norfolk Southern from $253.00 to $259.00 and gave the stock a "hold" rating in a report on Wednesday, October 23rd. Susquehanna decreased their price objective on Norfolk Southern from $285.00 to $265.00 and set a "neutral" rating on the stock in a report on Wednesday, January 8th. Loop Capital lifted their target price on Norfolk Southern from $285.00 to $287.00 and gave the company a "buy" rating in a research report on Wednesday, October 23rd. Finally, Citigroup increased their price target on Norfolk Southern from $302.00 to $316.00 and gave the stock a "buy" rating in a report on Tuesday, November 12th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat.com, Norfolk Southern has an average rating of "Moderate Buy" and an average target price of $275.68.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Highline Wealth Partners LLC purchased a new stake in Norfolk Southern during the third quarter worth approximately $25,000. Financial Life Planners acquired a new stake in Norfolk Southern during the fourth quarter worth approximately $27,000. Keystone Financial Group Inc. purchased a new stake in shares of Norfolk Southern during the 4th quarter worth approximately $27,000. Morse Asset Management Inc acquired a new position in shares of Norfolk Southern in the 3rd quarter valued at $30,000. Finally, HWG Holdings LP purchased a new position in shares of Norfolk Southern in the 2nd quarter valued at $31,000. Hedge funds and other institutional investors own 75.10% of the company's stock.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia's 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027. Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia's 14th Congressional District. She declared candidacy for the 2026 election.

Norfolk Southern Company Profile

Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. The company transports agriculture, forest, and consumer products comprising soybeans, wheat, corn, fertilizers, livestock and poultry feed, food products, food oils, flour, sweeteners, ethanol, lumber and wood products, pulp board and paper products, wood fibers, wood pulp, beverages, and canned goods; chemicals consist of sulfur and related chemicals, petroleum products comprising crude oil, chlorine and bleaching compounds, plastics, rubber, industrial chemicals, chemical wastes, sand, and natural gas liquids; metals and construction materials, such as steel, aluminum products, machinery, scrap metals, cement, aggregates, minerals, clay, transportation equipment, and military-related products; and automotive, including finished motor vehicles and automotive parts, as well as coal.