Cullen Capital Management, LLC, operating as Schafer Cullen Capital Management, Inc., released its second-quarter investor letter for the “SCCM Enhanced Equity Income Fund.” US equities surged, with S&P 500 up 10.9% and Russell 1000 Value up 3.8%. The composite underperformed, returning -1.2% compared to benchmarks in the second quarter.

The second-quarter 2025 investor letter highlighted Norfolk Southern Corporation (NYSE:NSC), a rail transportation company in the US. Norfolk Southern Corporation saw a one-month return of 1.87% and a 9.30% gain over the last 52 weeks. On August 29, 2025, NSC stock closed at $279.98 per share.

In the investor letter, SCCM Enhanced Equity Income Fund discussed the purchase of Norfolk Southern Corporation (NYSE:NSC) stock. NSC operates a rail network spanning 19,200 route miles and 22 states. Despite challenges, NSC aims to improve efficiency under new leadership to achieve growth.

Norfolk Southern Corporation (NYSE:NSC) is not among the 30 most popular stocks among hedge funds. 71 hedge fund portfolios held NSC at the end of the second quarter. While NSC has potential, certain AI stocks are seen as offering greater upside with less downside risk according to data.

For more insights on Norfolk Southern Corporation (NYSE:NSC) and other stock discussions by Jim Cramer, visit the provided links. Explore hedge fund investor letters from Q2 2025 for additional information. Stay informed on the best and worst Dow stocks and stocks with potential to double your investment.

Read more at Yahoo Finance: SCCM Enhanced Equity Income Fund Purchased Norfolk Southern (NSC) in Q2