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 Price Performance
Shares of NSC stock opened at $255.90 on Tuesday. The company has a debt-to-equity ratio of 1.16, a current ratio of 0.90 and a quick ratio of 0.82. The company has a market capitalization of $57.89 billion, a PE ratio of 22.14, a price-to-earnings-growth ratio of 2.32 and a beta of 1.35. The firm’s 50-day moving average is $245.33 and its two-hundred day moving average is $250.52. Norfolk Southern Co. has a 12 month low of $206.71 and a 12 month high of $277.60.
Norfolk Southern Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 20th. Investors of record on Friday, February 7th will be issued a $1.35 dividend. This represents a $5.40 dividend on an annualized basis and a dividend yield of 2.11%. The ex-dividend date of this dividend is Friday, February 7th. Norfolk Southern’s dividend payout ratio is currently 46.71%.
Institutional Trading of Norfolk Southern
Hedge funds have recently added to or reduced their stakes in the company. Exchange Traded Concepts LLC purchased a new stake in Norfolk Southern during the third quarter worth approximately $144,000. CX Institutional lifted its position in shares of Norfolk Southern by 14.7% during the 3rd quarter. CX Institutional now owns 2,319 shares of the railroad operator’s stock worth $576,000 after buying an additional 298 shares during the last quarter. Creative Planning boosted its holdings in shares of Norfolk Southern by 0.6% in the 3rd quarter. Creative Planning now owns 84,364 shares of the railroad operator’s stock valued at $20,965,000 after buying an additional 517 shares in the last quarter. Foster Victor Wealth Advisors LLC grew its position in shares of Norfolk Southern by 4.2% in the 3rd quarter. Foster Victor Wealth Advisors LLC now owns 1,043 shares of the railroad operator’s stock valued at $256,000 after buying an additional 42 shares during the last quarter. Finally, Vontobel Holding Ltd. raised its stake in Norfolk Southern by 1.9% during the 3rd quarter. Vontobel Holding Ltd. now owns 3,252 shares of the railroad operator’s stock worth $808,000 after acquiring an additional 61 shares in the last quarter. Institutional investors and hedge funds own 75.10% of the company’s stock.
Insider Activity at Norfolk Southern
In other Norfolk Southern news, Director Sameh Fahmy bought 350 shares of the stock in a transaction dated 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 completion of the transaction, the director now owns 10,350 shares in the company, valued at approximately $2,580,979.50. The trade was a 3.50 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Gilbert H. Lamphere bought 607 shares of the business’s stock in a transaction dated Friday, January 31st. The stock was acquired at an average cost of $259.86 per share, for a total transaction of $157,735.02. Following the completion of the acquisition, the director now directly owns 2,487 shares in the company, valued at approximately $646,271.82. This trade represents a 32.29 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.19% of the stock is owned by corporate insiders.
Wall Street Analysts Forecast Growth
Several brokerages have recently commented on NSC. 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. Robert W. Baird increased their target price on shares of Norfolk Southern from $260.00 to $270.00 and gave the stock a “neutral” rating in a research note on Thursday, January 30th. Bank of America boosted their price target on shares of Norfolk Southern from $276.00 to $291.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. Stephens upped their price objective 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. Finally, Wells Fargo & Company dropped their target price on shares of Norfolk Southern from $320.00 to $300.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. One analyst has rated the stock with a sell rating, six have given a hold rating and twelve have given a buy rating to the company. According to MarketBeat, Norfolk Southern currently has an average rating of “Moderate Buy” and an average price target of $276.11.
Read Our Latest Stock Analysis on Norfolk Southern
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.
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