Norfolk SouthernNSC
Market Cap: $56.5B
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
0.75% more ownership
Funds ownership: 74.97% [Q1] → 75.72% (+0.75%) [Q2]
6% less repeat investments, than reductions
Existing positions increased: 514 | Existing positions reduced: 546
4% less funds holding
Funds holding: 1,585 [Q1] → 1,515 (-70) [Q2]
14% less capital invested
Capital invested by funds: $43.1B [Q1] → $37.1B (-$6.04B) [Q2]
29% less funds holding in top 10
Funds holding in top 10: 17 [Q1] → 12 (-5) [Q2]
39% less first-time investments, than exits
New positions opened: 109 | Existing positions closed: 179
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
11 analyst ratings
Benchmark Nathan Martin 48% 1-year accuracy 16 / 33 met price target | 8%upside $270 | Buy Maintained | 29 Jul 2024 |
TD Cowen Jason Seidl 53% 1-year accuracy 9 / 17 met price target | 1%upside $253 | Hold Maintained | 26 Jul 2024 |
Stifel Benjamin Nolan 37% 1-year accuracy 16 / 43 met price target | 4%downside $241 | Hold Maintained | 26 Jul 2024 |
RBC Capital Walter Spracklin 93% 1-year accuracy 13 / 14 met price target | 7%upside $267 | Outperform Maintained | 26 Jul 2024 |
Wells Fargo Christian Wetherbee 68% 1-year accuracy 19 / 28 met price target | 8%upside $270 | Overweight Maintained | 26 Jul 2024 |
Financial journalist opinion
Based on 13 articles about NSC published over the past 30 days