Norfolk Southern
About: Class-I railroad Norfolk Southern operates in the Eastern United States. On more than 20,000 miles of track, the rail hauls shipments of coal, intermodal traffic, and a diverse mix of automobile, agriculture, metal, chemical, and forest products.
Employees: 20,700
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
16% more call options, than puts
Call options by funds: $202M | Put options by funds: $174M
0.64% more ownership
Funds ownership: 76.27% [Q1] → 76.91% (+0.64%) [Q2]
7% less repeat investments, than reductions
Existing positions increased: 515 | Existing positions reduced: 551
4% less funds holding
Funds holding: 1,593 [Q1] → 1,532 (-61) [Q2]
14% less capital invested
Capital invested by funds: $43.8B [Q1] → $37.6B (-$6.21B) [Q2]
28% less funds holding in top 10
Funds holding in top 10: 18 [Q1] → 13 (-5) [Q2]
35% less first-time investments, than exits
New positions opened: 114 | Existing positions closed: 175
Research analyst outlook
22 Wall Street Analysts provided 1 year price targets over the past 3 months
22 analyst ratings
Barclays Brandon Oglenski 61% 1-year accuracy 30 / 49 met price target | 15%upside $305 | Overweight Maintained | 13 Nov 2024 |
Citigroup Ariel Rosa 85% 1-year accuracy 17 / 20 met price target | 19%upside $316 | Buy Maintained | 12 Nov 2024 |
RBC Capital Walter Spracklin 71% 1-year accuracy 12 / 17 met price target | 7%upside $282 | Outperform Maintained | 23 Oct 2024 |
TD Cowen Jason Seidl 91% 1-year accuracy 20 / 22 met price target | 2%downside $259 | Hold Maintained | 23 Oct 2024 |
B of A Securities Ken Hoexter 62% 1-year accuracy 24 / 39 met price target | 10%upside $291 | Buy Maintained | 23 Oct 2024 |
Financial journalist opinion
Based on 22 articles about NSC published over the past 30 days
