NORFOLK SOUTHERN CORP

Ticker: NSC CUSIP: 655844108 Class: COM

NAPLES GLOBAL ADVISORS, LLC's Holding History (CIK: 0001582151)

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

Q4 2025

Shares 9,028 Value ($000) $2,607 Avg Close $288.62 Range $277.08 - $300.79

Q3 2025

Shares 9,031 Value ($000) $2,713 Avg Close $276.03 Range $252.95 - $299.47

Q2 2025

Shares 9,036 Value ($000) $2,313 Avg Close $233.06 Range $198.48 - $255.81

Q1 2025

Shares 9,086 Value ($000) $2,152 Avg Close $239.35 Range $222.00 - $264.36

Q4 2024

Shares 9,276 Value ($000) $2,177 Avg Close $248.46 Range $225.19 - $271.79

Q3 2024

Shares 9,271 Value ($000) $2,304 Avg Close $233.00 Range $204.24 - $253.86

Q2 2024

Shares 9,446 Value ($000) $2,028 Avg Close $224.21 Range $200.19 - $246.91

Q1 2024

Shares 9,446 Value ($000) $2,407 Avg Close $237.76 Range $214.83 - $253.85

Q4 2023

Shares 9,431 Value ($000) $2,229 Avg Close $200.12 Range $174.02 - $227.48

Q3 2023

Shares 9,431 Value ($000) $1,857 Avg Close $205.00 Range $184.44 - $225.83

Q2 2023

Shares 9,086 Value ($000) $2,060 Avg Close $200.25 Range $185.68 - $215.05

Q1 2023

Shares 8,911 Value ($000) $1,889 Avg Close $216.72 Range $184.28 - $242.90

Q4 2022

Shares 9,041 Value ($000) $2,228 Avg Close $220.43 Range $189.06 - $244.31

Q3 2022

Shares 9,266 Value ($000) $1,943 Avg Close $222.85 Range $194.58 - $245.30

Q2 2022

Shares 9,366 Value ($000) $2,129 Avg Close $226.47 Range $202.60 - $262.57

Q1 2022

Shares 9,221 Value ($000) $2,630 Avg Close $252.93 Range $227.90 - $273.69

Q4 2021

Shares 9,891 Value ($000) $2,945 Avg Close $255.22 Range $218.02 - $273.89

Q3 2021

Shares 10,131 Value ($000) $2,424 Avg Close $233.46 Range $217.60 - $249.27

Q2 2021

Shares 10,005 Value ($000) $2,655 Avg Close $250.29 Range $237.13 - $267.99

Q1 2021

Shares 10,045 Value ($000) $2,697 Avg Close $228.85 Range $207.42 - $247.83

Q4 2020

Shares 10,145 Value ($000) $2,411 Avg Close $204.73 Range $176.03 - $223.49

Q3 2020

Shares 10,988 Value ($000) $2,351 Avg Close $179.92 Range $151.06 - $201.91

Q2 2020

Shares 11,038 Value ($000) $1,938 Avg Close $150.98 Range $121.35 - $179.10

Q1 2020

Shares 10,988 Value ($000) $1,604 Avg Close $163.63 Range $100.01 - $194.41

Q4 2019

Shares 11,227 Value ($000) $2,179 Avg Close $165.56 Range $146.52 - $174.77

Q3 2019

Shares 11,322 Value ($000) $2,034 Avg Close $161.51 Range $148.22 - $182.44

Q2 2019

Shares 11,067 Value ($000) $2,206 Avg Close $173.34 Range $164.54 - $184.28

Q1 2019

Shares 11,192 Value ($000) $2,092 Avg Close $150.47 Range $124.50 - $164.26

Q4 2018

Shares 11,431 Value ($000) $1,845 Avg Close $142.35 Range $120.21 - $160.07

Q3 2018

Shares 11,711 Value ($000) $2,114 Avg Close $147.16 Range $128.72 - $161.27

Q2 2018

Shares 11,726 Value ($000) $1,769 Avg Close $125.28 Range $109.19 - $136.18

Q1 2018

Shares 12,554 Value ($000) $1,705 Avg Close $122.67 Range $112.62 - $133.63

Q4 2017

Shares 11,229 Value ($000) $1,627 Avg Close $113.99 Range $106.48 - $124.43

Q3 2017

Shares 11,244 Value ($000) $1,487 Avg Close $102.71 Range $93.81 - $113.26

Q2 2017

Shares 11,309 Value ($000) $1,376 Avg Close $98.76 Range $93.02 - $105.49

Q1 2017

Shares 11,434 Value ($000) $1,280 Avg Close $97.78 Range $88.22 - $104.69

Q4 2016

Shares 11,584 Value ($000) $1,252 Avg Close $83.99 Range $74.46 - $92.84

Q3 2016

Shares 11,984 Value ($000) $1,163 Avg Close $75.16 Range $68.43 - $80.53

Q2 2016

Shares 11,984 Value ($000) $1,020 Avg Close $69.72 Range $63.83 - $76.86

Q1 2016

Shares 11,534 Value ($000) $960 Avg Close $61.54 Range $52.69 - $70.78

Q4 2015

Shares 9,844 Value ($000) $833 Avg Close $69.12 Range $61.01 - $79.94

Q3 2015

Shares 9,994 Value ($000) $764 Avg Close $65.12 Range $57.94 - $70.74

Q2 2015

Shares 11,739 Value ($000) $1,026 Avg Close $77.43 Range $69.21 - $84.64

Q1 2015

Shares 11,440 Value ($000) $1,177 Avg Close $84.19 Range $78.29 - $88.38

Q4 2014

Shares 10,094 Value ($000) $1,106 Avg Close $85.81 Range $79.24 - $92.28

Q3 2014

Shares 10,194 Value ($000) $1,138 Avg Close $82.62 Range $77.74 - $88.50

Q2 2014

Shares 10,194 Value ($000) $1,050 Avg Close $76.02 Range $70.92 - $81.20

Q1 2014

Shares 10,194 Value ($000) $991 Avg Close $71.41 Range $66.84 - $75.69

Q4 2013

Shares 10,194 Value ($000) $946 Avg Close $65.71 Range $58.01 - $71.47

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	9,028	$2,607	$288.62	$277.08 - $300.79
Q3 2025	9,031	$2,713	$276.03	$252.95 - $299.47
Q2 2025	9,036	$2,313	$233.06	$198.48 - $255.81
Q1 2025	9,086	$2,152	$239.35	$222.00 - $264.36
Q4 2024	9,276	$2,177	$248.46	$225.19 - $271.79
Q3 2024	9,271	$2,304	$233.00	$204.24 - $253.86
Q2 2024	9,446	$2,028	$224.21	$200.19 - $246.91
Q1 2024	9,446	$2,407	$237.76	$214.83 - $253.85
Q4 2023	9,431	$2,229	$200.12	$174.02 - $227.48
Q3 2023	9,431	$1,857	$205.00	$184.44 - $225.83
Q2 2023	9,086	$2,060	$200.25	$185.68 - $215.05
Q1 2023	8,911	$1,889	$216.72	$184.28 - $242.90
Q4 2022	9,041	$2,228	$220.43	$189.06 - $244.31
Q3 2022	9,266	$1,943	$222.85	$194.58 - $245.30
Q2 2022	9,366	$2,129	$226.47	$202.60 - $262.57
Q1 2022	9,221	$2,630	$252.93	$227.90 - $273.69
Q4 2021	9,891	$2,945	$255.22	$218.02 - $273.89
Q3 2021	10,131	$2,424	$233.46	$217.60 - $249.27
Q2 2021	10,005	$2,655	$250.29	$237.13 - $267.99
Q1 2021	10,045	$2,697	$228.85	$207.42 - $247.83
Q4 2020	10,145	$2,411	$204.73	$176.03 - $223.49
Q3 2020	10,988	$2,351	$179.92	$151.06 - $201.91
Q2 2020	11,038	$1,938	$150.98	$121.35 - $179.10
Q1 2020	10,988	$1,604	$163.63	$100.01 - $194.41
Q4 2019	11,227	$2,179	$165.56	$146.52 - $174.77
Q3 2019	11,322	$2,034	$161.51	$148.22 - $182.44
Q2 2019	11,067	$2,206	$173.34	$164.54 - $184.28
Q1 2019	11,192	$2,092	$150.47	$124.50 - $164.26
Q4 2018	11,431	$1,845	$142.35	$120.21 - $160.07
Q3 2018	11,711	$2,114	$147.16	$128.72 - $161.27
Q2 2018	11,726	$1,769	$125.28	$109.19 - $136.18
Q1 2018	12,554	$1,705	$122.67	$112.62 - $133.63
Q4 2017	11,229	$1,627	$113.99	$106.48 - $124.43
Q3 2017	11,244	$1,487	$102.71	$93.81 - $113.26
Q2 2017	11,309	$1,376	$98.76	$93.02 - $105.49
Q1 2017	11,434	$1,280	$97.78	$88.22 - $104.69
Q4 2016	11,584	$1,252	$83.99	$74.46 - $92.84
Q3 2016	11,984	$1,163	$75.16	$68.43 - $80.53
Q2 2016	11,984	$1,020	$69.72	$63.83 - $76.86
Q1 2016	11,534	$960	$61.54	$52.69 - $70.78
Q4 2015	9,844	$833	$69.12	$61.01 - $79.94
Q3 2015	9,994	$764	$65.12	$57.94 - $70.74
Q2 2015	11,739	$1,026	$77.43	$69.21 - $84.64
Q1 2015	11,440	$1,177	$84.19	$78.29 - $88.38
Q4 2014	10,094	$1,106	$85.81	$79.24 - $92.28
Q3 2014	10,194	$1,138	$82.62	$77.74 - $88.50
Q2 2014	10,194	$1,050	$76.02	$70.92 - $81.20
Q1 2014	10,194	$991	$71.41	$66.84 - $75.69
Q4 2013	10,194	$946	$65.71	$58.01 - $71.47