Capital Advisors Inc. OK Has $341,000 Stock Position in Norfolk Southern Corporation $NSC

Capital Advisors Inc. OK lowered its holdings in shares of Norfolk Southern Corporation (NYSE:NSC) by 7.8% in the 2nd quarter, Holdings Channel.com reports. The fund owned 1,333 shares of the railroad operator’s stock after selling 112 shares during the period. Capital Advisors Inc. OK’s holdings in Norfolk Southern were worth $341,000 at the end of the most recent quarter.

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

Norfolk Southern Price Performance

NSC stock opened at $299.98 on Tuesday. 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’s 50-day moving average is $282.90 and its 200-day moving average is $256.57. The stock has a market capitalization of $67.38 billion, a PE ratio of 20.27, a price-to-earnings-growth ratio of 2.69 and a beta of 1.33. Norfolk Southern Corporation has a 1 year low of $201.63 and a 1 year high of $302.24.

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

Norfolk Southern Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 20th. Stockholders of record on Friday, August 1st were given a dividend of $1.35 per share. This represents a $5.40 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend was Friday, August 1st. Norfolk Southern’s dividend payout ratio is presently 36.49%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Norfolk Southern from $290.00 to $354.00 and gave the stock a “buy” rating in a research report on Wednesday, October 1st. Loop Capital upped their price target on shares of Norfolk Southern from $235.00 to $278.00 and gave the company a “hold” rating in a research report on Tuesday, September 16th. Sanford C. Bernstein increased their price target on Norfolk Southern from $295.00 to $305.00 and gave the stock an “outperform” rating in a report on Monday, July 21st. Weiss Ratings reissued a “buy (b-)” rating on shares of Norfolk Southern in a research note on Saturday, September 27th. Finally, TD Cowen upgraded Norfolk Southern from a “hold” rating to a “buy” rating and upped their target price for the company from $263.00 to $323.00 in a research report on Monday, July 21st. Eight equities research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $292.50.

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.