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

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Norfolk Southern Co. (NYSE:NSC). In a filing disclosed on April 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in Norfolk Southern stock on April 4th.

Representative Marjorie Taylor Greene also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Old Dominion Freight Line (NASDAQ:ODFL) on 4/4/2025.
• Purchased $1,001 – $15,000 in shares of Dell Technologies (NYSE:DELL) on 4/4/2025.
• Purchased $1,001 – $15,000 in shares of FedEx (NYSE:FDX) on 4/4/2025.
• Purchased $1,001 – $15,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 4/4/2025.
• Purchased $1,001 – $15,000 in shares of NIKE (NYSE:NKE) on 4/4/2025.
• Purchased $1,001 – $15,000 in shares of Caterpillar (NYSE:CAT) on 4/4/2025.
• Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 4/4/2025.
• Purchased $1,001 – $15,000 in shares of QUALCOMM (NASDAQ:QCOM) on 4/4/2025.
• Purchased $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 4/4/2025.
• Purchased $1,001 – $15,000 in shares of Lululemon Athletica (NASDAQ:LULU) on 4/4/2025.

Norfolk Southern Trading Up 7.6 %

NYSE NSC opened at $222.09 on Thursday. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.82 and a current ratio of 0.90. Norfolk Southern Co. has a one year low of $201.63 and a one year high of $277.60. The company’s 50 day moving average price is $238.59 and its 200 day moving average price is $247.11. The firm has a market capitalization of $54.76 billion, a price-to-earnings ratio of 19.21, a PEG ratio of 2.31 and a beta of 1.30.

Norfolk Southern (NYSE:NSC) last released its quarterly earnings results on Wednesday, January 29th. The railroad operator reported $3.04 earnings per share for the quarter, topping analysts’ consensus estimates of $2.97 by $0.07. Norfolk Southern had a net margin of 21.63% and a return on equity of 20.04%. On average, sell-side analysts predict that Norfolk Southern Co. will post 13 EPS for the current year.

Norfolk Southern Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 20th. Stockholders of record on Friday, February 7th were issued a dividend of $1.35 per share. The ex-dividend date of this dividend was Friday, February 7th. This represents a $5.40 annualized dividend and a dividend yield of 2.43%. Norfolk Southern’s payout ratio is currently 46.71%.

Institutional Investors Weigh In On Norfolk Southern

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. RFG Advisory LLC lifted its holdings in shares of Norfolk Southern by 7.0% during the first quarter. RFG Advisory LLC now owns 1,157 shares of the railroad operator’s stock worth $274,000 after buying an additional 76 shares during the last quarter. Merit Financial Group LLC increased its position in shares of Norfolk Southern by 7.0% during the first quarter. Merit Financial Group LLC now owns 9,614 shares of the railroad operator’s stock valued at $2,277,000 after purchasing an additional 632 shares during the period. NBC Securities Inc. increased its position in shares of Norfolk Southern by 115,400.0% during the first quarter. NBC Securities Inc. now owns 1,155 shares of the railroad operator’s stock valued at $273,000 after purchasing an additional 1,154 shares during the period. American National Bank & Trust increased its position in shares of Norfolk Southern by 9.9% during the first quarter. American National Bank & Trust now owns 710 shares of the railroad operator’s stock valued at $168,000 after purchasing an additional 64 shares during the period. Finally, Czech National Bank increased its position in shares of Norfolk Southern by 6.0% during the first quarter. Czech National Bank now owns 52,008 shares of the railroad operator’s stock valued at $12,318,000 after purchasing an additional 2,954 shares during the period. 75.10% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Jefferies Financial Group cut their target price on Norfolk Southern from $285.00 to $260.00 and set a “buy” rating on the stock in a research note on Wednesday. Loop Capital cut shares of Norfolk Southern from a “buy” rating to a “hold” rating and cut their price objective for the company from $289.00 to $256.00 in a research note on Monday, February 3rd. JPMorgan Chase & Co. lifted their price objective on shares of Norfolk Southern from $284.00 to $286.00 and gave the company an “overweight” rating in a research note on Thursday, January 30th. Deutsche Bank Aktiengesellschaft began coverage on shares of Norfolk Southern in a research note on Friday, March 7th. They set a “buy” rating and a $293.00 price objective on the stock. Finally, Robert W. Baird lifted their price objective on shares of Norfolk Southern from $260.00 to $270.00 and gave the company a “neutral” rating in a research note on Thursday, January 30th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and twelve have given a buy rating to the stock. According to MarketBeat, Norfolk Southern presently has a consensus rating of “Moderate Buy” and a consensus target price of $268.68.

Insider Activity

In related news, Director Gilbert H. Lamphere purchased 607 shares of the stock in a transaction on Friday, January 31st. The shares were purchased at an average cost of $259.86 per share, for a total transaction of $157,735.02. Following the completion of the transaction, the director now directly owns 2,487 shares of the company’s stock, valued at approximately $646,271.82. The trade was a 32.29 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.19% of the stock is currently owned by company insiders.

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.