Norfolk Southern Corporation (NSC) is currently under the radar of various hedge funds signifying bullish perspectives on this logistics stock. The company has released its Q4 2024 earnings date as January 29 and announced it will present at the Stephens Annual Investment Conference. Activist hedge funds are reportedly interested in the company, with Representative Marjorie Taylor Greene also buying NSC shares. The company is preparing to announce Q4 earnings results and share Q3 2024 earnings call highlights which include strong revenue growth. Further, NSC made it to the UBS’ list of stocks for the AI, growth & low rates era. However, it’s pointed out that the NSC's stock price is higher compared to the S&P 500, yet it still underperforms, which could be due to institutional ownership of up to 77% of the shares. In addition, personnel movements include Ann A. Adams appointed as Chief Human Resources Officer and Joe Carpenter as Vice President Law. Finally, the market witnessed Mark George buy shares as an insider. Overall, Norfolk is moving confidently into 2025, but it has a measurable debt burden.
Norfolk Southern Corp NSC News Analytics from Wed, 01 May 2024 07:00:00 GMT to Fri, 03 Jan 2025 21:52:00 GMT -
Rating 5
- Innovation -4
- Information 7
- Rumor -1
