This morning we watched Westinghouse rise 1.1% to a price of $153.19 per share. The Large-Cap Railroads company is now trading -15.47% below its average target price of $181.23. Analysts have set target prices ranging from $159.0 to $190.0 per share for Westinghouse, and have given the stock an average rating of buy.
The stock has a very low short interest at 1.1%, and a short ratio of 1.61. The company's insiders own 1.04% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that a significant number of institutional investors are invested in the stock, with 93.7% of Westinghouse's shares being owned by this investor type.
Institutions Invested in Westinghouse
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-03-31 | Vanguard Group Inc | 11% | 19,806,856 | $3,034,212,318 |
| 2024-03-31 | Blackrock Inc. | 8% | 14,425,976 | $2,209,915,298 |
| 2024-03-31 | Price (T.Rowe) Associates Inc | 5% | 9,074,785 | $1,390,166,336 |
| 2024-03-31 | Wellington Management Group, LLP | 4% | 7,712,135 | $1,181,421,979 |
| 2024-03-31 | State Street Corporation | 4% | 7,171,659 | $1,098,626,459 |
| 2024-03-31 | Select Equity Group, Inc. | 3% | 5,981,609 | $916,322,697 |
| 2024-03-31 | Janus Henderson Group PLC | 3% | 5,133,046 | $786,331,329 |
| 2024-03-31 | Massachusetts Financial Services Co. | 3% | 4,917,162 | $753,260,058 |
| 2024-03-31 | Geode Capital Management, LLC | 2% | 4,041,012 | $619,042,638 |
| 2024-03-31 | Invesco Ltd. | 2% | 3,541,750 | $542,560,691 |
Besides an analyst consensus of some upside potential, other market factors point to there being positive market sentiment on Westinghouse.
