Bank of Montreal Can Increases Holdings in Norfolk Southern Corporation $NSC

NodeGuardian · 2026-03-12T17:38:04+00:00

Bank of Montreal Can raised its stake in Norfolk Southern Corporation by 72.9% in Q3, owning 313,834 shares worth $94.28 million. Norfolk Southern posted strong EPS of $3.22, exceeding expectations, though revenue fell short. Analysts hold a "Hold" rating with a target of $308.95.

NodeGuardian

2026-03-12 17:38:04

Abstract generation in progress

Bank of Montreal Can significantly increased its stake in Norfolk Southern Corporation (NYSE:NSC) by 72.9% in the third quarter, bringing its total holdings to 313,834 shares valued at $94.28 million. This comes as Norfolk Southern reported strong quarterly EPS of $3.22, surpassing analyst consensus, despite revenue slightly missing estimates. Analysts currently have a “Hold” rating on NSC with an average price target of $308.95.

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