Norfolk Southern Corporation (NSC) has seen significant buying and selling activity among a variety of investors and institutions. A few notable entities such as
IFM Investors Pty Ltd and
Swedbank AB increased their stock positions, whereas
E. Ohman J or Asset Management AB and
Osterweis Capital Management Inc. reduced their holdings. Market sentiment seems to hover around a
consensus rating of 'Hold' amidst a rise in
short interest by 25.1% in August. Rumours of a possible merger with
Union Pacific continue to circulate, signaling a significant shift in NSC's market position.
President Trump expressed support for the merger, terming it as
'sounds good'. Despite some volatility in the market,
Loop Capital set a robust price target of $278.00. NSC's quarterly dividend reaffirms its commitment to shareholder returns, despite the stock witnessing a minor slump post the last earnings report. Detailed information regarding NSC's key metrics, strategies and future performance is anticipated at the imminent
Morgan Stanley Conference.
Norfolk Southern Corp NSC News Analytics from Wed, 29 Jan 2025 08:00:00 GMT to Sat, 20 Sep 2025 18:31:52 GMT -
Rating 6
- Innovation 2
- Information 7
- Rumor 8
