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 January 27th, the Representative disclosed that they had bought between $1,001 and $15,000 in Norfolk Southern stock on January 21st.

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

• Purchased $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of NextEra Energy (NYSE:NEE) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of Old Dominion Freight Line (NASDAQ:ODFL) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of Palo Alto Networks (NASDAQ:PANW) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of Devon Energy (NYSE:DVN) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of Kinder Morgan (NYSE:KMI) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of Cardinal Health (NYSE:CAH) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 1/21/2025.

Norfolk Southern Trading Up 1.8 %

NSC stock opened at $256.78 on Thursday. The business has a fifty day moving average price of $249.41 and a 200 day moving average price of $248.64. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.73 and a quick ratio of 0.65. Norfolk Southern Co. has a fifty-two week low of $206.71 and a fifty-two week high of $277.60. The stock has a market capitalization of $58.09 billion, a price-to-earnings ratio of 24.11, a P/E/G ratio of 2.29 and a beta of 1.34.

Norfolk Southern (NYSE:NSC) last announced its earnings results on Wednesday, January 29th. The railroad operator reported $3.04 earnings per share for the quarter, beating analysts’ consensus estimates of $2.97 by $0.07. Norfolk Southern had a return on equity of 20.25% and a net margin of 19.85%. Analysts expect that Norfolk Southern Co. will post 11.78 EPS for the current fiscal year.

Norfolk Southern Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 20th. Stockholders of record on Friday, February 7th will be issued a $1.35 dividend. This represents a $5.40 annualized dividend and a dividend yield of 2.10%. The ex-dividend date of this dividend is Friday, February 7th. Norfolk Southern’s payout ratio is currently 50.70%.

Insiders Place Their Bets

In other news, Director Sameh Fahmy purchased 350 shares of the company’s stock in a transaction on Thursday, December 12th. The shares were purchased at an average price of $249.37 per share, with a total value of $87,279.50. Following the purchase, the director now directly owns 10,350 shares of the company’s stock, valued at $2,580,979.50. This trade represents a 3.50 % increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.19% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on NSC shares. Barclays boosted their target price on shares of Norfolk Southern from $290.00 to $305.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 13th. Royal Bank of Canada upped their price objective on Norfolk Southern from $272.00 to $282.00 and gave the stock an “outperform” rating in a report on Wednesday, October 23rd. Stifel Nicolaus lifted their target price on Norfolk Southern from $241.00 to $245.00 and gave the company a “hold” rating in a research note on Friday, October 11th. Citigroup upped their price target on Norfolk Southern from $302.00 to $316.00 and gave the company a “buy” rating in a research note on Tuesday, November 12th. Finally, Benchmark lifted their price objective on Norfolk Southern from $270.00 to $285.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and thirteen have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $277.39.

Hedge Funds Weigh In On Norfolk Southern

Hedge funds and other institutional investors have recently made changes to their positions in the company. Highline Wealth Partners LLC bought a new position in Norfolk Southern during the third quarter worth about $25,000. Financial Life Planners acquired a new stake in shares of Norfolk Southern during the fourth quarter worth about $27,000. Keystone Financial Group Inc. acquired a new position in shares of Norfolk Southern in the 4th quarter valued at approximately $27,000. Morse Asset Management Inc acquired a new position in shares of Norfolk Southern in the 3rd quarter valued at approximately $30,000. Finally, HWG Holdings LP bought a new stake in Norfolk Southern during the 2nd quarter worth approximately $31,000. 75.10% of the stock is owned by institutional investors.

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.

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.