NORFOLK SOUTHERN CORP

Ticker: NSC CUSIP: 655844108 Class: COM

BEESE FULMER INVESTMENT MANAGEMENT, INC.'s Holding History (CIK: 0000911274)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 9,514 Value ($000) $2,747 Avg Close $288.62 Range $277.08 - $300.79

Q3 2025

Shares 10,283 Value ($000) $3,089 Avg Close $276.03 Range $252.95 - $299.47

Q2 2025

Shares 10,382 Value ($000) $2,658 Avg Close $233.06 Range $198.48 - $255.81

Q1 2025

Shares 10,539 Value ($000) $2,496 Avg Close $239.35 Range $222.00 - $264.36

Q4 2024

Shares 8,139 Value ($000) $1,910 Avg Close $248.46 Range $225.19 - $271.79

Q3 2024

Shares 8,224 Value ($000) $2,044 Avg Close $233.00 Range $204.24 - $253.86

Q2 2024

Shares 8,474 Value ($000) $1,819 Avg Close $224.21 Range $200.19 - $246.91

Q1 2024

Shares 8,474 Value ($000) $2,160 Avg Close $237.76 Range $214.83 - $253.85

Q4 2023

Shares 8,562 Value ($000) $2,024 Avg Close $200.12 Range $174.02 - $227.48

Q3 2023

Shares 8,562 Value ($000) $1,686 Avg Close $205.00 Range $184.44 - $225.83

Q2 2023

Shares 8,577 Value ($000) $1,945 Avg Close $200.25 Range $185.68 - $215.05

Q1 2023

Shares 8,597 Value ($000) $1,823 Avg Close $216.72 Range $184.28 - $242.90

Q4 2022

Shares 8,669 Value ($000) $2,136 Avg Close $220.43 Range $189.06 - $244.31

Q3 2022

Shares 8,654 Value ($000) $1,814 Avg Close $222.85 Range $194.58 - $245.30

Q2 2022

Shares 8,654 Value ($000) $1,967 Avg Close $226.47 Range $202.60 - $262.57

Q1 2022

Shares 8,654 Value ($000) $2,468 Avg Close $252.93 Range $227.90 - $273.69

Q4 2021

Shares 8,782 Value ($000) $2,614 Avg Close $255.22 Range $218.02 - $273.89

Q3 2021

Shares 8,932 Value ($000) $2,137 Avg Close $233.46 Range $217.60 - $249.27

Q2 2021

Shares 8,932 Value ($000) $2,371 Avg Close $250.29 Range $237.13 - $267.99

Q1 2021

Shares 8,972 Value ($000) $2,409 Avg Close $228.85 Range $207.42 - $247.83

Q4 2020

Shares 8,832 Value ($000) $2,099 Avg Close $204.73 Range $176.03 - $223.49

Q3 2020

Shares 9,032 Value ($000) $1,933 Avg Close $179.92 Range $151.06 - $201.91

Q2 2020

Shares 9,675 Value ($000) $1,699 Avg Close $150.98 Range $121.35 - $179.10

Q1 2020

Shares 10,440 Value ($000) $1,524 Avg Close $163.63 Range $100.01 - $194.41

Q4 2019

Shares 11,277 Value ($000) $2,189 Avg Close $165.56 Range $146.52 - $174.77

Q3 2019

Shares 11,227 Value ($000) $2,017 Avg Close $161.51 Range $148.22 - $182.44

Q2 2019

Shares 10,890 Value ($000) $2,171 Avg Close $173.34 Range $164.54 - $184.28

Q1 2019

Shares 11,090 Value ($000) $2,073 Avg Close $150.47 Range $124.50 - $164.26

Q4 2018

Shares 11,040 Value ($000) $1,651 Avg Close $142.35 Range $120.21 - $160.07

Q3 2018

Shares 11,040 Value ($000) $1,993 Avg Close $147.16 Range $128.72 - $161.27

Q2 2018

Shares 11,040 Value ($000) $1,666 Avg Close $125.28 Range $109.19 - $136.18

Q1 2018

Shares 11,040 Value ($000) $1,499 Avg Close $122.67 Range $112.62 - $133.63

Q4 2017

Shares 11,305 Value ($000) $1,638 Avg Close $113.99 Range $106.48 - $124.43

Q3 2017

Shares 11,565 Value ($000) $1,529 Avg Close $102.71 Range $93.81 - $113.26

Q2 2017

Shares 11,565 Value ($000) $1,407 Avg Close $98.76 Range $93.02 - $105.49

Q1 2017

Shares 11,565 Value ($000) $1,295 Avg Close $97.78 Range $88.22 - $104.69

Q4 2016

Shares 11,565 Value ($000) $1,250 Avg Close $83.99 Range $74.46 - $92.84

Q3 2016

Shares 11,476 Value ($000) $1,114 Avg Close $75.16 Range $68.43 - $80.53

Q2 2016

Shares 10,626 Value ($000) $905 Avg Close $69.72 Range $63.83 - $76.86

Q1 2016

Shares 10,626 Value ($000) $866 Avg Close $61.54 Range $52.69 - $70.78

Q4 2015

Shares 10,626 Value ($000) $899 Avg Close $69.12 Range $61.01 - $79.94

Q3 2015

Shares 10,626 Value ($000) $812 Avg Close $65.12 Range $57.94 - $70.74

Q2 2015

Shares 10,166 Value ($000) $888 Avg Close $77.43 Range $69.21 - $84.64

Q1 2015

Shares 10,166 Value ($000) $1,046 Avg Close $84.19 Range $78.29 - $88.38

Q4 2014

Shares 10,166 Value ($000) $1,114 Avg Close $85.81 Range $79.24 - $92.28

Q3 2014

Shares 10,166 Value ($000) $1,135 Avg Close $82.62 Range $77.74 - $88.50

Q2 2014

Shares 10,166 Value ($000) $1,047 Avg Close $76.02 Range $70.92 - $81.20

Q1 2014

Shares 10,041 Value ($000) $976 Avg Close $71.41 Range $66.84 - $75.69

Q4 2013

Shares 10,261 Value ($000) $953 Avg Close $65.71 Range $58.01 - $71.47

Q3 2013

Shares 10,261 Value ($000) $794 Avg Close $56.99 Range $54.14 - $60.17

Q2 2013

Shares 10,261 Value ($000) $745 Avg Close $57.67 Range $53.20 - $61.33

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	9,514	$2,747	$288.62	$277.08 - $300.79
Q3 2025	10,283	$3,089	$276.03	$252.95 - $299.47
Q2 2025	10,382	$2,658	$233.06	$198.48 - $255.81
Q1 2025	10,539	$2,496	$239.35	$222.00 - $264.36
Q4 2024	8,139	$1,910	$248.46	$225.19 - $271.79
Q3 2024	8,224	$2,044	$233.00	$204.24 - $253.86
Q2 2024	8,474	$1,819	$224.21	$200.19 - $246.91
Q1 2024	8,474	$2,160	$237.76	$214.83 - $253.85
Q4 2023	8,562	$2,024	$200.12	$174.02 - $227.48
Q3 2023	8,562	$1,686	$205.00	$184.44 - $225.83
Q2 2023	8,577	$1,945	$200.25	$185.68 - $215.05
Q1 2023	8,597	$1,823	$216.72	$184.28 - $242.90
Q4 2022	8,669	$2,136	$220.43	$189.06 - $244.31
Q3 2022	8,654	$1,814	$222.85	$194.58 - $245.30
Q2 2022	8,654	$1,967	$226.47	$202.60 - $262.57
Q1 2022	8,654	$2,468	$252.93	$227.90 - $273.69
Q4 2021	8,782	$2,614	$255.22	$218.02 - $273.89
Q3 2021	8,932	$2,137	$233.46	$217.60 - $249.27
Q2 2021	8,932	$2,371	$250.29	$237.13 - $267.99
Q1 2021	8,972	$2,409	$228.85	$207.42 - $247.83
Q4 2020	8,832	$2,099	$204.73	$176.03 - $223.49
Q3 2020	9,032	$1,933	$179.92	$151.06 - $201.91
Q2 2020	9,675	$1,699	$150.98	$121.35 - $179.10
Q1 2020	10,440	$1,524	$163.63	$100.01 - $194.41
Q4 2019	11,277	$2,189	$165.56	$146.52 - $174.77
Q3 2019	11,227	$2,017	$161.51	$148.22 - $182.44
Q2 2019	10,890	$2,171	$173.34	$164.54 - $184.28
Q1 2019	11,090	$2,073	$150.47	$124.50 - $164.26
Q4 2018	11,040	$1,651	$142.35	$120.21 - $160.07
Q3 2018	11,040	$1,993	$147.16	$128.72 - $161.27
Q2 2018	11,040	$1,666	$125.28	$109.19 - $136.18
Q1 2018	11,040	$1,499	$122.67	$112.62 - $133.63
Q4 2017	11,305	$1,638	$113.99	$106.48 - $124.43
Q3 2017	11,565	$1,529	$102.71	$93.81 - $113.26
Q2 2017	11,565	$1,407	$98.76	$93.02 - $105.49
Q1 2017	11,565	$1,295	$97.78	$88.22 - $104.69
Q4 2016	11,565	$1,250	$83.99	$74.46 - $92.84
Q3 2016	11,476	$1,114	$75.16	$68.43 - $80.53
Q2 2016	10,626	$905	$69.72	$63.83 - $76.86
Q1 2016	10,626	$866	$61.54	$52.69 - $70.78
Q4 2015	10,626	$899	$69.12	$61.01 - $79.94
Q3 2015	10,626	$812	$65.12	$57.94 - $70.74
Q2 2015	10,166	$888	$77.43	$69.21 - $84.64
Q1 2015	10,166	$1,046	$84.19	$78.29 - $88.38
Q4 2014	10,166	$1,114	$85.81	$79.24 - $92.28
Q3 2014	10,166	$1,135	$82.62	$77.74 - $88.50
Q2 2014	10,166	$1,047	$76.02	$70.92 - $81.20
Q1 2014	10,041	$976	$71.41	$66.84 - $75.69
Q4 2013	10,261	$953	$65.71	$58.01 - $71.47
Q3 2013	10,261	$794	$56.99	$54.14 - $60.17
Q2 2013	10,261	$745	$57.67	$53.20 - $61.33