Norfolk Southern stock is trading -16.64% below its average target price of $246.42 after marking a 1.2% during today's afternoon session. Analysts are giving the large-cap Railroads company an average rating of hold and target prices ranging from $177.0 to $289.0 per share.
Norfolk Southern's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.0%. The stock's short ratio is 1.12. The company's insiders own 0.14% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 76.7%. In conclusion, we believe there is mixed market sentiment regarding Norfolk Southern.
Institutions Invested in Norfolk Southern
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2022-12-31 | Vanguard Group, Inc. (The) | 7% | 18,533,329 | $3,806,931,177 |
| 2022-12-31 | Blackrock Inc. | 6% | 15,734,144 | $3,231,950,576 |
| 2022-12-31 | JP Morgan Chase & Company | 5% | 11,555,480 | $2,373,611,189 |
| 2022-12-31 | State Street Corporation | 4% | 10,160,051 | $2,086,976,113 |
| 2022-12-31 | Capital International Investors | 3% | 7,763,760 | $1,594,753,970 |
| 2022-12-31 | Lazard Asset Management LLC | 3% | 7,144,381 | $1,467,527,327 |
| 2022-12-31 | Capital World Investors | 2% | 6,135,920 | $1,260,379,349 |
| 2022-12-31 | Wells Fargo & Company | 2% | 4,103,911 | $842,984,373 |
| 2022-12-31 | Geode Capital Management, LLC | 2% | 4,099,195 | $842,015,659 |
| 2022-12-31 | Northern Trust Corporation | 1% | 3,352,141 | $688,563,295 |
