Rep. Marjorie Taylor Greene Purchases Shares of Norfolk Southern Co. (NYSE:NSC)

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Norfolk Southern Co. NYSE: NSC. In a filing disclosed on February 14th, the Representative disclosed that they had bought between $1,001 and $15,000 in Norfolk Southern stock on February 12th.

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

• Purchased $1,001 - $15,000 in shares of Adobe NASDAQ: ADBE on 2/12/2025.
• Purchased $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 2/12/2025.
• Purchased $1,001 - $15,000 in shares of Devon Energy NYSE: DVN on 2/12/2025.
• Purchased $1,001 - $15,000 in shares of The Goldman Sachs Group NYSE: GS on 2/12/2025.
• Purchased $1,001 - $15,000 in shares of United Parcel Service NYSE: UPS on 2/12/2025.
• Purchased $1,001 - $15,000 in shares of Apple NASDAQ: AAPL on 2/12/2025.
• Purchased $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 2/12/2025.
• Purchased $1,001 - $15,000 in shares of Palantir Technologies NASDAQ: PLTR on 2/12/2025.
• Purchased $1,001 - $15,000 in shares of Intel NASDAQ: INTC on 2/12/2025.
• Purchased $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 1/21/2025.

Norfolk Southern Stock Down 0.6 %

NSC stock traded down $1.57 during mid-day trading on Friday, reaching $247.84. The company had a trading volume of 1,493,699 shares, compared to its average volume of 1,217,662. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.82 and a current ratio of 0.90. The company has a market capitalization of $56.12 billion, a price-to-earnings ratio of 21.44, a price-to-earnings-growth ratio of 2.30 and a beta of 1.35. The firm has a fifty day simple moving average of $245.46 and a 200 day simple moving average of $250.66. Norfolk Southern Co. has a fifty-two week low of $206.71 and a fifty-two week high of $277.60.

Norfolk Southern (NYSE:NSC - Get Free Report) last posted its quarterly earnings results on Wednesday, January 29th. The railroad operator reported $3.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.97 by $0.07. Norfolk Southern had a return on equity of 20.04% and a net margin of 21.63%. Analysts forecast that Norfolk Southern Co. will post 13.02 earnings per share for the current fiscal year.

Norfolk Southern Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, February 20th. Shareholders of record on Friday, February 7th were given a $1.35 dividend. This represents a $5.40 dividend on an annualized basis and a yield of 2.18%. The ex-dividend date of this dividend was Friday, February 7th. Norfolk Southern's dividend payout ratio is currently 46.71%.

Insider Buying and Selling

In other Norfolk Southern news, Director Gilbert H. Lamphere acquired 607 shares of the company's stock in a transaction that occurred on Friday, January 31st. The shares were purchased at an average price of $259.86 per share, with a total value of $157,735.02. Following the completion of the acquisition, the director now directly owns 2,487 shares of the company's stock, valued at approximately $646,271.82. The trade was a 32.29 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Sameh Fahmy acquired 350 shares of the company's stock in a transaction that occurred on Thursday, December 12th. The shares were acquired at an average cost of $249.37 per share, for a total transaction 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. This trade represents a 3.50 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.19% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

NSC has been the topic of several research analyst reports. Robert W. Baird raised their target price on Norfolk Southern from $260.00 to $270.00 and gave the stock a "neutral" rating in a research report on Thursday, January 30th. Benchmark reissued a "buy" rating and set a $285.00 target price on shares of Norfolk Southern in a research report on Thursday, January 30th. Barclays raised their target price on Norfolk Southern from $290.00 to $305.00 and gave the stock an "overweight" rating in a research report on Wednesday, November 13th. Citigroup raised their target price on Norfolk Southern from $302.00 to $316.00 and gave the stock a "buy" rating in a research report on Tuesday, November 12th. Finally, JPMorgan Chase & Co. raised their target price on Norfolk Southern from $284.00 to $286.00 and gave the stock an "overweight" rating in a research report on Thursday, January 30th. One analyst has rated the stock with a sell rating, six have issued a hold rating and twelve have assigned a buy rating to the stock. According to data from MarketBeat, Norfolk Southern presently has an average rating of "Moderate Buy" and a consensus price target of $276.11.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Highline Wealth Partners LLC purchased a new position in shares of Norfolk Southern in the 3rd quarter valued at approximately $25,000. Financial Life Planners acquired a new position in Norfolk Southern during the fourth quarter worth $27,000. Keystone Financial Group Inc. acquired a new position in Norfolk Southern during the fourth quarter worth $27,000. Bank of Jackson Hole Trust acquired a new position in Norfolk Southern during the fourth quarter worth $27,000. Finally, Vision Financial Markets LLC acquired a new position in Norfolk Southern during the fourth quarter worth $28,000. 75.10% of the stock is currently owned by hedge funds and other institutional investors.

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.

About Norfolk Southern

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.