Rep. Julie Johnson Sells Norfolk Southern Co. (NYSE:NSC) Stock

Representative Julie Johnson (D-Texas) recently sold shares of Norfolk Southern Co. (NYSE:NSC). In a filing disclosed on May 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Norfolk Southern stock on April 1st. The trade occurred in the Representative’s “MERRILL LYNCH TAX EFFICIENT CORE” account.

Representative Julie Johnson also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Fidelity National Information Services (NYSE:FIS) on 4/30/2025.
• Sold $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 4/22/2025.
• Purchased $1,001 – $15,000 in shares of Fidelity National Information Services (NYSE:FIS) on 4/22/2025.
• Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 4/15/2025.
• Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 4/11/2025.
• Purchased $1,001 – $15,000 in shares of 3M (NYSE:MMM) on 4/11/2025.
• Sold $1,001 – $15,000 in shares of DT Midstream (NYSE:DTM) on 4/7/2025.
• Sold $1,001 – $15,000 in shares of Intuitive Surgical (NASDAQ:ISRG) on 4/7/2025.
• Sold $1,001 – $15,000 in shares of Howmet Aerospace (NYSE:HWM) on 4/7/2025.
• Sold $1,001 – $15,000 in shares of Carlisle Companies (NYSE:CSL) on 4/7/2025.

Norfolk Southern Stock Performance

NSC traded up $2.28 during trading on Friday, hitting $246.19. The stock had a trading volume of 1,089,983 shares, compared to its average volume of 1,208,273. The firm has a market cap of $55.50 billion, a PE ratio of 21.30, a P/E/G ratio of 2.31 and a beta of 1.30. Norfolk Southern Co. has a 12 month low of $201.63 and a 12 month high of $277.60. The company has a current ratio of 0.90, a quick ratio of 0.82 and a debt-to-equity ratio of 1.16. The company has a 50 day simple moving average of $226.19 and a 200-day simple moving average of $242.47.

Norfolk Southern (NYSE:NSC) last announced its earnings results on Wednesday, April 23rd. The railroad operator reported $2.69 EPS for the quarter, missing the consensus estimate of $2.72 by ($0.03). The firm had revenue of $2.99 billion during the quarter, compared to the consensus estimate of $3.01 billion. Norfolk Southern had a return on equity of 20.04% and a net margin of 21.63%. The business’s revenue was down .4% compared to the same quarter last year. During the same quarter last year, the business earned $2.49 EPS. Analysts expect that Norfolk Southern Co. will post 13 EPS for the current year.

Norfolk Southern Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 20th. Investors of record on Friday, May 2nd will be issued a $1.35 dividend. The ex-dividend date is Friday, May 2nd. This represents a $5.40 annualized dividend and a yield of 2.19%. Norfolk Southern’s dividend payout ratio (DPR) is presently 36.89%.

Analyst Ratings Changes

Several research analysts have recently issued reports on NSC shares. Stephens boosted 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. JPMorgan Chase & Co. boosted their price objective on shares of Norfolk Southern from $284.00 to $286.00 and gave the stock an “overweight” rating in a report on Thursday, January 30th. Loop Capital downgraded shares of Norfolk Southern from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $289.00 to $256.00 in a report on Monday, February 3rd. Evercore ISI dropped their price objective on shares of Norfolk Southern from $284.00 to $269.00 and set an “outperform” rating on the stock in a report on Thursday, April 24th. Finally, Wells Fargo & Company dropped their price objective on shares of Norfolk Southern from $300.00 to $290.00 and set an “overweight” rating on the stock in a report on Thursday, March 27th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and twelve have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $266.50.

Hedge Funds Weigh In On Norfolk Southern

Institutional investors have recently modified their holdings of the stock. WPG Advisers LLC bought a new position in shares of Norfolk Southern in the first quarter worth about $27,000. Financial Life Planners bought a new position in shares of Norfolk Southern in the fourth quarter worth about $27,000. Keystone Financial Group Inc. bought a new position in shares of Norfolk Southern in the fourth quarter worth about $27,000. Bank of Jackson Hole Trust bought a new position in shares of Norfolk Southern in the fourth quarter worth about $27,000. Finally, Vision Financial Markets LLC bought a new position in shares of Norfolk Southern in the fourth quarter worth about $28,000. 75.10% of the stock is owned by institutional investors.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.

Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.

About Norfolk Southern

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.