Norfolk Southern (NYSE:NSC) Shares Unloaded Rep. Josh Gottheimer

Representative Josh Gottheimer (D-New Jersey) recently sold shares of Norfolk Southern Co. (NYSE:NSC). In a filing disclosed on May 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Norfolk Southern stock on April 9th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of RTX (NYSE:RTX) on 4/23/2025.
• Purchased $1,001 – $15,000 in shares of Cheniere Energy (NYSE:LNG) on 4/22/2025.
• Purchased $1,001 – $15,000 in shares of Techtronic Industries (OTCMKTS:TTNDY) on 4/21/2025.
• Purchased $1,001 – $15,000 in shares of Tri Pointe Homes (NYSE:TPH) on 4/21/2025.
• Purchased $1,001 – $15,000 in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) on 4/21/2025.
• Sold $1,001 – $15,000 in shares of KKR & Co. Inc. (NYSE:KKR) on 4/21/2025.
• Purchased $1,001 – $15,000 in shares of D.R. Horton (NYSE:DHI) on 4/21/2025.
• Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 4/21/2025.
• Sold $1,001 – $15,000 in shares of Hillman Solutions (NASDAQ:HLMN) on 4/17/2025.
• Sold $1,001 – $15,000 in shares of AbbVie (NYSE:ABBV) on 4/17/2025.

Norfolk Southern Price Performance

NYSE NSC opened at $244.16 on Friday. Norfolk Southern Co. has a 52 week low of $201.63 and a 52 week high of $277.60. The firm has a market capitalization of $55.04 billion, a P/E ratio of 21.12, a PEG ratio of 2.31 and a beta of 1.30. The company has a quick ratio of 0.82, a current ratio of 0.90 and a debt-to-equity ratio of 1.16. The company has a 50-day moving average price of $225.93 and a 200-day moving average price of $242.58.

Norfolk Southern (NYSE:NSC) last released its earnings results on Wednesday, April 23rd. The railroad operator reported $2.69 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.72 by ($0.03). The firm had revenue of $2.99 billion during the quarter, compared to analysts’ expectations of $3.01 billion. Norfolk Southern had a return on equity of 20.04% and a net margin of 21.63%. The company’s revenue was down .4% compared to the same quarter last year. During the same period in the prior year, the company posted $2.49 earnings per share. Equities research analysts anticipate that Norfolk Southern Co. will post 13 earnings per share for the current year.

Norfolk Southern Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 20th. Stockholders of record on Friday, May 2nd will be given a dividend of $1.35 per share. This represents a $5.40 annualized dividend and a dividend yield of 2.21%. The ex-dividend date is Friday, May 2nd. Norfolk Southern’s payout ratio is currently 36.89%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on NSC shares. Stephens increased their target price on shares of Norfolk Southern from $260.00 to $275.00 and gave the stock an “equal weight” rating in a report on Thursday, January 30th. Bank of America cut their price objective on shares of Norfolk Southern from $292.00 to $272.00 and set a “buy” rating for the company in a report on Tuesday, March 25th. Citigroup cut their price objective on shares of Norfolk Southern from $298.00 to $259.00 and set a “buy” rating for the company in a report on Tuesday, April 8th. Wells Fargo & Company cut their price objective on shares of Norfolk Southern from $300.00 to $290.00 and set an “overweight” rating for the company in a report on Thursday, March 27th. Finally, BMO Capital Markets reaffirmed a “market perform” rating and set a $255.00 price objective on shares of Norfolk Southern in a report on Thursday, April 24th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and twelve have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $266.10.

Institutional Trading of Norfolk Southern

Several institutional investors and hedge funds have recently made changes to their positions in the company. AQR Capital Management LLC raised its holdings in shares of Norfolk Southern by 171.5% in the first quarter. AQR Capital Management LLC now owns 165,492 shares of the railroad operator’s stock valued at $38,646,000 after acquiring an additional 104,537 shares in the last quarter. Alyeska Investment Group L.P. purchased a new stake in shares of Norfolk Southern during the first quarter valued at about $17,112,000. Adage Capital Partners GP L.L.C. grew its position in shares of Norfolk Southern by 341.9% in the 1st quarter. Adage Capital Partners GP L.L.C. now owns 789,950 shares of the railroad operator’s stock worth $187,100,000 after buying an additional 611,198 shares during the last quarter. EP Wealth Advisors LLC raised its stake in shares of Norfolk Southern by 4.8% during the 1st quarter. EP Wealth Advisors LLC now owns 7,738 shares of the railroad operator’s stock worth $1,833,000 after acquiring an additional 357 shares in the last quarter. Finally, GW Henssler & Associates Ltd. raised its stake in shares of Norfolk Southern by 22.6% during the 1st quarter. GW Henssler & Associates Ltd. now owns 2,118 shares of the railroad operator’s stock worth $502,000 after acquiring an additional 390 shares in the last quarter. 75.10% of the stock is currently owned by institutional investors.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

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.