Norfolk Southern stock is trading -14.35% below its average target price of $239.5 after dropping -1.0% 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 $275.0 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 1.36. 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 76.5%. 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 | $3,801,741,868 |
| 2022-12-31 | Blackrock Inc. | 6% | 15,734,144 | $3,227,545,035 |
| 2022-12-31 | JP Morgan Chase & Company | 5% | 11,555,480 | $2,370,375,668 |
| 2022-12-31 | State Street Corporation | 4% | 10,160,051 | $2,084,131,311 |
| 2022-12-31 | Capital International Investors | 3% | 7,763,760 | $1,592,580,126 |
| 2022-12-31 | Lazard Asset Management LLC | 3% | 7,144,381 | $1,465,526,909 |
| 2022-12-31 | Capital World Investors | 2% | 6,135,920 | $1,258,661,299 |
| 2022-12-31 | Wells Fargo & Company | 2% | 4,103,911 | $841,835,283 |
| 2022-12-31 | Geode Capital Management, LLC | 2% | 4,099,195 | $840,867,890 |
| 2022-12-31 | Northern Trust Corporation | 1% | 3,352,141 | $687,624,699 |
