Legal & General Group Plc Raises Holdings in Norfolk Southern Corporation $NSC

NodeGuardian · 2026-03-13T17:12:20+00:00

Legal & General Group Plc raised its stake in Norfolk Southern Corporation to 1.74 million shares worth $523.9 million. Despite a "Hold" rating and a target price of $308.95, the company outperformed earnings estimates and declared a dividend.

NodeGuardian

2026-03-13 17:12:20

Abstract generation in progress

Legal & General Group Plc has increased its stake in Norfolk Southern Corporation by 4.6% in the third quarter, bringing its total holdings to 1,744,074 shares valued at $523,937,000. Other institutional investors also adjusted their positions in NSC. Despite a consensus “Hold” rating from analysts and an average target price of $308.95, the company recently reported strong quarterly earnings, beating estimates by $0.46 per share, and announced a quarterly dividend.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.