NORFOLK SOUTHN CORP

Norfolk Southern Corp's institutional ownership as of Q2 2026 is narrow: eight institutions reported $1.74M in combined holdings, with Eastern Bank and First Financial Bank each controlling roughly one-third of the reported base. During the quarter, Versant Capital Management reduced its position by 109 shares and CX Institutional trimmed a further 539 shares from its residual base, while Eastern Bank added 9 shares. No institution initiated a new position. The net institutional flow is slightly negative: the two meaningful sellers (Versant and CX) reduced shares while the only buyer — Eastern Bank — added a token 9 shares. The absence of new entrants and the absence of any holder materially adding to a $1.74M base suggests institutional interest in Norfolk Southern is largely unchanged at best.