NBT Bank N.A. Purchases New Stake in Norfolk Southern Corporation $NSC

NBT Bank N.A. purchased a new position in shares of Norfolk Southern Corporation (NYSE:NSC) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 5,148 shares of the railroad operator’s stock, valued at approximately $1,591,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in NSC. Louisiana State Employees Retirement System acquired a new position in shares of Norfolk Southern in the 1st quarter worth approximately $3,272,000. SCS Capital Management LLC purchased a new position in shares of Norfolk Southern during the 2nd quarter worth approximately $13,837,000. B. Metzler seel. Sohn & Co. AG acquired a new stake in Norfolk Southern in the 2nd quarter valued at approximately $3,669,000. Focus Partners Advisor Solutions LLC acquired a new stake in Norfolk Southern in the 2nd quarter valued at approximately $1,376,000. Finally, PensionDanmark Pensionsforsikringsaktieselskab increased its holdings in Norfolk Southern by 29.2% in the 2nd quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 54,620 shares of the railroad operator’s stock valued at $17,183,000 after purchasing an additional 12,350 shares during the last quarter. Institutional investors and hedge funds own 75.10% of the company’s stock.

Wall Street Analysts Forecast Growth

NSC has been the subject of a number of research reports. Wells Fargo & Company lifted their price objective on Norfolk Southern from $365.00 to $385.00 and gave the company an “overweight” rating in a research note on Friday, July 24th. JPMorgan Chase & Co. increased their target price on Norfolk Southern from $318.00 to $323.00 and gave the stock a “neutral” rating in a research note on Friday. TD Cowen raised their target price on Norfolk Southern from $376.00 to $379.00 and gave the company a “buy” rating in a report on Friday. Barclays raised their target price on Norfolk Southern from $360.00 to $400.00 and gave the company an “overweight” rating in a report on Friday, July 24th. Finally, Robert W. Baird lifted their target price on Norfolk Southern from $360.00 to $377.00 and gave the company a “neutral” rating in a research report on Monday, July 27th. Seven equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company. Based on data from MarketBeat.com, Norfolk Southern has an average rating of “Hold” and an average target price of $348.81.

Norfolk Southern Price Performance

Norfolk Southern stock opened at $329.85 on Friday. The firm has a market cap of $74.09 billion, a PE ratio of 27.65, a price-to-earnings-growth ratio of 5.04 and a beta of 1.29. Norfolk Southern Corporation has a 52-week low of $277.80 and a 52-week high of $358.60. The company has a quick ratio of 0.73, a current ratio of 0.90 and a debt-to-equity ratio of 0.95. The company’s 50 day moving average is $326.46 and its two-hundred day moving average is $320.64.

Norfolk Southern (NYSE:NSC) last posted its quarterly earnings results on Thursday, October 22nd. The railroad operator reported $3.62 EPS for the quarter, topping the consensus estimate of $3.46 by $0.16. Norfolk Southern had a net margin of 20.70% and a return on equity of 18.22%. The business had revenue of $3.53 billion during the quarter, compared to the consensus estimate of $3.48 billion. During the same quarter in the previous year, the firm posted $3.30 earnings per share. The company’s quarterly revenue was up 13.6% compared to the same quarter last year. On average, research analysts expect that Norfolk Southern Corporation will post 12.81 EPS for the current fiscal year.

Norfolk Southern Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, November 20th. Investors of record on Friday, November 6th will be issued a $1.35 dividend. The ex-dividend date is Friday, November 6th. This represents a $5.40 dividend on an annualized basis and a yield of 1.6%. Norfolk Southern’s dividend payout ratio (DPR) is 46.08%.

Norfolk Southern News Roundup

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

• Positive Sentiment: Third-quarter results exceeded expectations: reported EPS was approximately $3.62 versus the $3.46 analyst consensus, while revenue reached $3.53 billion versus expectations of $3.48 billion. Earnings also improved from $3.30 per share a year earlier. Reuters earnings article
• Positive Sentiment: Higher freight volumes, fuel surcharges and tighter trucking capacity supported rail demand and helped Norfolk Southern produce record railway operating revenue. Zacks earnings analysis
• Positive Sentiment: TD Cowen raised its price target from $376 to $379 and maintained a “buy” rating, implying meaningful upside based on the referenced share price. Norfolk Southern revenue announcement
• Neutral Sentiment: Norfolk Southern declared a quarterly dividend of $1.35 per share, payable November 20 to shareholders of record November 6. The annualized payout is $5.40, or roughly a 1.6% yield. Dividend announcement
• Negative Sentiment: High fuel and other operating costs pressured efficiency and margins. Management lifted its 2026 operating-expense outlook to slightly above $9 billion, while capital spending is expected to be approximately $2.1 billion. Norfolk Southern expense outlook
• Negative Sentiment: Analyst views were mixed: JPMorgan raised its target from $318 to $323 but retained a “neutral” rating, while Stephens cut its target from $377 to $354, reinforcing concerns about valuation and cost execution. Stephens price target report

About Norfolk Southern

Norfolk Southern Corporation (NYSE:NSC) is a transportation company that operates one of the largest freight railroad networks in the eastern United States. Through its Norfolk Southern Railway subsidiary, the company provides rail transportation and related services across a broad territory spanning portions of the Midwest, South and East Coast, including access to major industrial centers, ports and distribution markets.

Norfolk Southern transports a diverse range of commodities, including intermodal freight, merchandise, automotive products, coal and other energy-related materials.