NordstromJWN
About: Nordstrom is a fashion retailer that operates about 93 department stores and approximately 260 off-price Nordstrom Rack stores. The company also operates both full- and off-price e-commerce sites, two clearance stores, and seven Local locations. Nordstrom's largest merchandise categories are women's apparel (27% of 2023 sales), shoes (26% of 2023 sales), men's apparel (15% of 2023 sales), and beauty (13% of 2023 sales). Nordstrom, which traces its history to a shoe store opened in Seattle in 1901, continues to be partially owned and managed by members of the eponymous family.
Employees: 54,000
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
400% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 5 (+4) [Q4]
10% more capital invested
Capital invested by funds: $2.21B [Q3] → $2.42B (+$213M) [Q4]
1.29% more ownership
Funds ownership: 60.05% [Q3] → 61.34% (+1.29%) [Q4]
8% more call options, than puts
Call options by funds: $215M | Put options by funds: $198M
3% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 62
2% more repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 108
1% less funds holding
Funds holding: 356 [Q3] → 352 (-4) [Q4]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Telsey Advisory Group Dana Telsey 27% 1-year accuracy 50 / 183 met price target | 2%downside $24 | Market Perform Maintained | 5 Mar 2025 |
Barclays Paul Kearney 20% 1-year accuracy 2 / 10 met price target | 2%downside $24 | Equal-Weight Maintained | 16 Jan 2025 |
Evercore ISI Group Michael Binetti 35% 1-year accuracy 14 / 40 met price target | 2%downside $24 | In-Line Maintained | 13 Jan 2025 |
UBS Jay Sole 28% 1-year accuracy 16 / 58 met price target | 2%downside $24 | Neutral Upgraded | 10 Jan 2025 |
Financial journalist opinion
Based on 24 articles about JWN published over the past 30 days









