Norfolk SouthernNSC
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 Q3 regulatory filings by fund managers ($100M+ AUM)
41% more call options, than puts
Call options by funds: $236M | Put options by funds: $168M
32% more first-time investments, than exits
New positions opened: 165 | Existing positions closed: 125
23% more funds holding in top 10
Funds holding in top 10: 13 [Q2] → 16 (+3) [Q3]
12% more capital invested
Capital invested by funds: $37.6B [Q2] → $42.2B (+$4.57B) [Q3]
3% more funds holding
Funds holding: 1,535 [Q2] → 1,575 (+40) [Q3]
0.43% less ownership
Funds ownership: 76.91% [Q2] → 76.48% (-0.43%) [Q3]
19% less repeat investments, than reductions
Existing positions increased: 474 | Existing positions reduced: 582
Research analyst outlook
16 Wall Street Analysts provided 1 year price targets over the past 3 months
16 analyst ratings
Barclays Brandon Oglenski 41% 1-year accuracy 26 / 64 met price target | 30%upside $305 | Overweight Maintained | 13 Nov 2024 |
Citigroup Ariel Rosa 31% 1-year accuracy 8 / 26 met price target | 35%upside $316 | Buy Maintained | 12 Nov 2024 |
RBC Capital Walter Spracklin 38% 1-year accuracy 6 / 16 met price target | 20%upside $282 | Outperform Maintained | 23 Oct 2024 |
TD Cowen Jason Seidl 62% 1-year accuracy 26 / 42 met price target | 11%upside $259 | Hold Maintained | 23 Oct 2024 |
B of A Securities Ken Hoexter 40% 1-year accuracy 19 / 48 met price target | 24%upside $291 | Buy Maintained | 23 Oct 2024 |
Financial journalist opinion
Based on 8 articles about NSC published over the past 30 days