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

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 0.5 %

NYSE NSC opened at $255.90 on Tuesday. Norfolk Southern Co. has a 1-year low of $206.71 and a 1-year high of $277.60. The company has a market capitalization of $57.94 billion, a price-to-earnings ratio of 22.14, a PEG ratio of 2.32 and a beta of 1.35. The stock’s 50 day moving average is $245.35 and its two-hundred day moving average is $250.45. The company has a current ratio of 0.90, a quick ratio of 0.82 and a debt-to-equity ratio of 1.16.

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

Norfolk Southern Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 20th. Investors of record on Friday, February 7th will be given a $1.35 dividend. This represents a $5.40 annualized dividend and a yield of 2.11%. The ex-dividend date is Friday, February 7th. Norfolk Southern’s dividend payout ratio (DPR) is presently 46.71%.

Institutional Investors Weigh In On Norfolk Southern

Institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. increased its stake in shares of Norfolk Southern by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 20,089,164 shares of the railroad operator’s stock valued at $4,714,927,000 after acquiring an additional 139,485 shares during the last quarter. State Street Corp increased its stake in Norfolk Southern by 2.1% in the third quarter. State Street Corp now owns 9,330,849 shares of the railroad operator’s stock valued at $2,318,716,000 after purchasing an additional 196,249 shares in the last quarter. Price T Rowe Associates Inc. MD raised its holdings in Norfolk Southern by 11.9% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 8,608,080 shares of the railroad operator’s stock worth $2,020,318,000 after purchasing an additional 918,559 shares during the period. Geode Capital Management LLC boosted its position in shares of Norfolk Southern by 2.5% during the fourth quarter. Geode Capital Management LLC now owns 4,694,573 shares of the railroad operator’s stock worth $1,098,472,000 after purchasing an additional 113,648 shares in the last quarter. Finally, Boston Partners grew its holdings in shares of Norfolk Southern by 16.9% in the 4th quarter. Boston Partners now owns 4,020,392 shares of the railroad operator’s stock valued at $945,385,000 after buying an additional 580,293 shares during the period. 75.10% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Norfolk Southern

In other Norfolk Southern news, Director Sameh Fahmy bought 350 shares of the stock in a transaction that occurred on Thursday, December 12th. The stock was acquired at an average cost of $249.37 per share, with a total value of $87,279.50. Following the purchase, the director now owns 10,350 shares in the company, valued at $2,580,979.50. This trade represents a 3.50 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Gilbert H. Lamphere bought 607 shares of the company’s stock in a transaction on Friday, January 31st. The shares were bought at an average price 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 position. The disclosure for this purchase can be found here. 0.19% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

NSC has been the subject of a number of recent analyst reports. TD Cowen increased their target price on shares of Norfolk Southern from $253.00 to $259.00 and gave the stock a “hold” rating in a research report on Wednesday, October 23rd. Evercore ISI cut their target price on shares of Norfolk Southern from $276.00 to $274.00 and set an “outperform” rating for the company in a research note on Wednesday, October 23rd. Stephens increased their price target on Norfolk Southern from $260.00 to $275.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 30th. Citigroup lifted their price objective on Norfolk Southern from $302.00 to $316.00 and gave the company a “buy” rating in a research report on Tuesday, November 12th. Finally, Loop Capital cut Norfolk Southern from a “buy” rating to a “hold” rating and decreased their target price for the stock from $289.00 to $256.00 in a report on Monday, February 3rd. One equities research 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $276.11.

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.