Norfolk Southern Corporation $NSC Shares Sold by WBH Advisory Inc.

WBH Advisory Inc. lessened its holdings in shares of Norfolk Southern Corporation (NYSE:NSC) by 0.9% in the second quarter, according to its most recent filing with the SEC. The firm owned 4,294 shares of the railroad operator’s stock after selling 38 shares during the quarter. WBH Advisory Inc.’s holdings in Norfolk Southern were worth $1,099,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of NSC. WPG Advisers LLC acquired a new stake in shares of Norfolk Southern during the first quarter worth $27,000. HWG Holdings LP bought a new stake in shares of Norfolk Southern during the 1st quarter worth about $35,000. Physician Wealth Advisors Inc. boosted its stake in shares of Norfolk Southern by 129.2% during the 1st quarter. Physician Wealth Advisors Inc. now owns 149 shares of the railroad operator’s stock worth $35,000 after acquiring an additional 84 shares in the last quarter. Financial Gravity Asset Management Inc. acquired a new position in shares of Norfolk Southern during the 1st quarter worth about $41,000. Finally, Golden State Wealth Management LLC raised its holdings in Norfolk Southern by 883.3% in the 1st quarter. Golden State Wealth Management LLC now owns 177 shares of the railroad operator’s stock valued at $42,000 after acquiring an additional 159 shares in the last quarter. Institutional investors own 75.10% of the company’s stock.

Norfolk Southern Trading Up 0.4%

NYSE NSC opened at $290.91 on Tuesday. Norfolk Southern Corporation has a 12 month low of $201.63 and a 12 month high of $302.24. The company has a 50-day moving average of $285.39 and a 200-day moving average of $260.77. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.79 and a quick ratio of 0.71. The company has a market cap of $65.34 billion, a P/E ratio of 19.66, a P/E/G ratio of 2.60 and a beta of 1.33.

Norfolk Southern (NYSE:NSC) last posted its quarterly earnings data on Tuesday, July 29th. The railroad operator reported $3.29 EPS for the quarter, beating analysts’ consensus estimates of $3.24 by $0.05. Norfolk Southern had a net margin of 27.51% and a return on equity of 19.35%. The company had revenue of $3.11 billion during the quarter, compared to the consensus estimate of $3.10 billion. Norfolk Southern has set its FY 2025 guidance at EPS. As a group, equities analysts predict that Norfolk Southern Corporation will post 13 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Robert W. Baird increased their target price on Norfolk Southern from $255.00 to $300.00 and gave the stock a “neutral” rating in a report on Tuesday, July 22nd. Jefferies Financial Group reaffirmed a “hold” rating and set a $300.00 price objective on shares of Norfolk Southern in a research note on Friday, July 25th. Deutsche Bank Aktiengesellschaft lifted their price target on Norfolk Southern from $290.00 to $354.00 and gave the company a “buy” rating in a research note on Wednesday, October 1st. Baird R W upgraded Norfolk Southern to a “hold” rating in a report on Tuesday, July 1st. Finally, Loop Capital lifted their price target on Norfolk Southern from $235.00 to $278.00 and gave the stock a “hold” rating in a report on Tuesday, September 16th. Eight analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. According to data from MarketBeat, Norfolk Southern presently has a consensus rating of “Hold” and an average target price of $293.80.

Norfolk Southern 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.