Jennifer F. Scanlon Who are the major shareholders and have insiders been buying or selling? Enola, Pa. All products are presented without warranty. You can see Norfolk Southern's historic earnings and revenue below, but keep in mind there's always more to the story. We can zoom in on the different ownership groups, to learn more about Norfolk Southern. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. Discovery Company. It's always worth thinking about the different groups who own shares in a company. How Many Norfolk Southern Corporation (NYSE:NSC) Shares Do Institutions You can access this free report on analyst forecasts for the company. Insider Ownership Of Norfolk Southern. We aim to bring you long-term focused analysis driven by fundamental data. However, high insider ownership can also give immense power to a small group within the company. Norfolk Southern already has institutions on the share registry. This can be negative in some circumstances. Normally institutions would own a significant portion of a company this size. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. As of March 2023, the top 10 shareholders in NSC are as follows. Billions to shareholders. Perhaps you're driven by a creative vision you can't help but give your best to. This risk is higher in a company without a history of growth. Ownership: 7.69% Shares Held: 17,504,705 2. Senior Vice President & Chief Strategy Officer. this free report showing whether analysts are predicting a brighter future, Smallville actor released from prison for role in sex-trafficking case tied to cult-like group, Actor Tyler Labine hospitalized after ignoring symptom of 'potentially fatal blood clot', World registers hottest day ever recorded on July 3, A Massachusetts woman who was missing for a week was found stuck in the mud at a state park, Biden says gun violence 'tearing communities apart' after latest mass shootings. Users can also choose from a variety of pre-built portfolios offered for free. This purchase volume represents approximately $12.22B in transactions. Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. Institutional investors own over 50% of the company, so together than can probably strongly influence board decisions. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Want to know when executives and insiders are buying or selling Norfolk Southern stock? What Does an Earnings Surprise Mean for American Outdoor Brands? A deeper look at our ownership data shows that the top 25 shareholders collectively hold less than half of the register, suggesting a large group of small holders where no single shareholder has a majority. Shipping Options; . Passively invest in private real estate deals with as little as $10. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). Vanguard Group Inc's Norfolk Southern shares are currently valued at $4.19B. Members should be aware that investment markets have inherent risks, and past performance does not assure future results. 3 Russell 2000 Stocks to Buy as Small-Caps Make a Comeback, These Banks Are Boosting Dividends After Safe Stress Tests, 3 Cash-Rich Defensive Companies Making Investors Rich. Every company has them, and we've spotted 2 warning signs for Norfolk Southern you should know about. How to Invest for Retirement at Age 40 (with Little in Savings). When such a trade goes wrong, multiple parties may compete to sell stock fast. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. All rights reserved. I find it very interesting to look at who exactly owns a company. Investing Simple is affiliated with Robinhood, and we may earn a commission when you sign up for Robinhood. and is the largest rail shipper of auto products and metals in North America. Given the vast amount of money and research capacities at their disposal, institutional ownership tends to carry a lot of weight, especially with individual investors. For context, the second largest shareholder holds about 6.9% of the shares outstanding, followed by an ownership of 5.2% by the third-largest shareholder. Juniata, Altoona, Pa. But just like anyone else, they could be wrong. Elkhart, Ind. National Customer Service Center Since institutional have access to huge amounts of capital, their market moves tend to receive a lot of scrutiny by retail or individual investors. Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. Analyst First Call Consensus. The Vanguard Group, Inc. Norfolk Southern is a rail carrier that owns a 57.14 percent share of the Norfolk & Portsmouth Belt Line Railroad Company (Belt Line), the operator of a major switching terminal in Norfolk, Virginia. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. Norfolk Southern is a pretty big company. We aim to bring you long-term focused analysis driven by fundamental data. Open a new Webull brokerage account today and deposit any amount of money to receive 5 free stocks. If you want to know who really controls Norfolk Southern Corporation ( NYSE:NSC ), then you'll have to look at the. This suggests some credibility amongst professional investors. Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. Hello, you need to have JavaScript enabled to view this website. It's therefore worth looking at Norfolk Southern's earnings history below. It takes less than 3 minutes to sign up and claim your Free Stock Bonus. For helpful informationvisit our FAQ page. Our data shows that The Vanguard Group, Inc. is the largest shareholder with 8.0% of shares outstanding. This suggests some credibility amongst professional investors. Under Pennsylvania law, that registration gives Pennsylvania courts general jurisdiction over Norfolk Southern and any other company that register to do business in the state. To learn how to enable JavaScript in your browser, With 6.5% and 5.6% of the shares outstanding respectively, BlackRock, Inc. and Capital Research and Management Company are the second and third largest shareholders. Norfolk Southern is a major transporter of industrial products, including agriculture, forest and consumer products, chemicals, and metals and construction materials. Looking at our data, we can see that the largest shareholder is The Vanguard Group, Inc. with 7.5% of shares outstanding. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Check out our latest analysis for Norfolk Southern. Bellevue, Ohio It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. Norfolk Southern Shareholders Sue Over Ohio Derailment Of the 1,437 institutional investors that purchased Norfolk Southern stock in the last 24 months, the following investors and hedge funds have bought the highest volume of shares: Lazard Asset Management LLC ($4.39M), Norges Bank ($4.28M), Moneta Group Investment Advisors LLC ($3.03M), First Trust Advisors LP ($2.06M), Amundi ($1.73M), Gibson Wealth Advisors LLC ($1.43M), and Price T Rowe Associates Inc. MD ($1.27M). Executive Vice President & Chief Operating Officer Every investor in Norfolk Southern Corporation (NYSE:NSC) should be aware of the most powerful shareholder groups. This risk is higher in a company without a history of growth. Lamberts Point coal transload facility, Agriculture, forest, and consumer products, Rail shipments (including trailers and containers). It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. In addition, the railroad operates the most extensive intermodal network in the East and is a principal carrier ofcoal, automobiles, and automotive parts. Though their holding amounts to less than 1%, we can see that board members collectively own US$60m worth of shares (at current prices). Sign up with Robinhood, deposit any amount and get 1 Free Stock. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO. Chattanooga, Tenn. Management ultimately answers to the board. As of March 2023, the top 10 shareholders in NSC are as follows. Sign up here, report on analyst forecasts for the company, Tech leaders at Collision Conference: 'AI is our biggest opportunity', Booming traffic to OpenAI's ChatGPT posts first ever monthly dip in June - Similarweb, UPDATE 1-Booming traffic to OpenAI's ChatGPT posts first ever monthly dip in June -Similarweb, EV market: Tesla's surge leads record-breaking sales, UPDATE 1-Mexican peso breaks 17-per-dlr barrier, at its strongest in 7-1/2 years. Get a free stock when you open an account below. Concerned about the content? While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Our data suggests that insiders own under 1% of Norfolk Southern Corporation in their own names. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. CNN Sans & 2016 Cable News Network. M1 Finance offers a free investing platform where users can build portfolios of stocks and ETFs. Institutional investors have bought a total of 49,184,534 shares in the last 24 months. These financial metrics have been adjusted to exclude certain charges. If you want to know who really controls Norfolk Southern Corporation (NYSE:NSC), then you'll have to look at the makeup of its share registry. Michael D. Lockhart Our analysis of the ownership of the company, below, shows that institutions are noticeable on the share registry. Indeed, they own a respectable stake in the company. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. Please log in to your account or sign up in order to add this asset to your watchlist. The Vanguard Group, Inc. is currently the company's largest shareholder with 7.6% of shares outstanding. As a result, a sizeable amount of institutional money invested in a firm is generally viewed as a positive attribute. Real-time analyst ratings, insider transactions, earnings data, and more. Decatur, Ill. Norfolk Southern Corporation (NSC) Stock Major Holders - Yahoo Finance Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. These top 10 shareholders represent a significant portion of NSC's ownership structure. On studying our ownership data, we found that 25 of the top shareholders collectively own less than 50% of the share register, implying that no single individual has a majority interest. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO. Get 1 Free Stock Worth Up To $200 From Robinhood! Webull offers commission free stock, ETF, option and crypto trading. Hedge funds don't have many shares in Norfolk Southern. On this page, you can find links to commonly requested documents, information on our INVESTORS CHOICE Plan, and shareholder contacts. Volume March 17 (Reuters) - Norfolk Southern Corp (NSC.N) shareholders have accused the railroad of defrauding them by prioritizing profit over safety prior to last month's derailment of a train. Get the Latest News and Ratings for Your Stocks. The biggest Norfolk Southern shareholders are Vanguard Group, JP Morgan Investment Management, and Blackrock Fund Advisors. This may not be consistent with full year annual report figures. For helpful informationvisit our FAQ page. 1. Normally institutions would own a significant portion of a company this size. Of course, the future is what really matters. Our most recent data indicates that insiders own less than 1% of Norfolk Southern Corporation. Review Norfolk Southerns operating reports and the terms used to report performance in one convenient location. Likewise, Vanguard ($15,064,023,320) and BlackRock ($8,318,730,584) were the two largest shareholders of the parent company of ABC (Walt Disney Co.). Weitere Informationen darber, wie wir Ihre personenbezogenen Daten nutzen, finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Learn more on NSC's institutional investor holdings. See list of NS' largest shareholders. Norfolk Southern Corporation is one of the nation's premier transportation companies. Norfolk . For assistance with most services related to stock ownership, contact American Stock Transfer & Trust Company, LLC (AST) at 877-864-4750. Meanwhile, the second and third largest shareholders, hold 6.8% and 5.1%, of the shares outstanding, respectively. Join OAR in bridging connections with first responders. Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. Norfolk Southern's share price fell 9.4% between the derailment and March 3, wiping out about $5.4 billion of market value. With 6.6% and 6.2% of the shares outstanding respectively, BlackRock, Inc. and J.P. Morgan Asset Management, Inc. are the second and third largest shareholders. All content of the Dow Jones branded indices S&P Dow Jones Indices LLC 2019 and/or its affiliates. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. With 7.0% and 5.6% of the shares outstanding respectively, BlackRock,. Police Communications Center (800) 453-2530, McDonough, Ga. With 6.9% and 5.2% of the shares outstanding respectively, BlackRock, Inc. and Capital. Buying Norfolk Southern For My Retirement (NYSE:NSC) Factset: FactSet Research Systems Inc.2019. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future. Number of employees : 19,300 Sales per Business Sales per region Managers Members of the board Share class Shareholders Company contact information Norfolk Southern Corp. 650 West Peachtree Street North West 30308-1925, Atlanta +1 855 667 3655 http://www.nscorp.com Group companies BlackRock, Inc. is the second largest shareholder owning 6.5% of common stock, and J.P. Morgan Asset Management, Inc. holds about 5.2% of the company stock. This may not be consistent with full year annual report figures. M1 Plus members can earn 5.00% APY on their deposits with no minimum balance required. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. Norfolk Southern Corporation (NYSE: NSC) today announced fourth quarter and full-year 2022 financial results. Institutional investors commonly compare their own returns to the returns of a commonly followed index. While it is well worth considering the different groups that own a company, there are other factors that are even more important. I find it very interesting to look at who exactly owns a company. For more information, please read our, 10 Largest Norfolk Southern Corp Shareholders In 2023, If you are new to the world of investing, one of the very first decisions you have to make is what platform or app to invest with. Let's take a closer look to see what the different types of shareholders can tell us about Norfolk Southern. NORFOLK SOUTHERN CORPORATION : Shareholders Board Members Managers and However, high insider ownership can also give immense power to a small group within the company. Established dividend payer with limited growth. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Institutional owners may take dramatic actions as Norfolk Southern Here is our review of three of the most popular investing apps out there! We aim to bring you long-term focused analysis driven by fundamental data. Trains, Toxins, and Government Lies: Norfolk Southern's '32 Nasty' And Louisville, Ky. (in millions except per share amounts and operating ratio), 650 W. Peachtree Street NW, Atlanta, Georgia 30308, Establishing Rail Service on Privately Owned Track, Establishing Rail Service on NS Owned Track, Announcement for Public Tariff NSRQ 8170 and NSRQ 8266, Announcement for Public Tariff NSQ 82809, effective 8.1.23, Announcement for Public Tariff NSQ 83305, effective 8.15.23, Updated rates to Interline sections published in NSQ 43500, RESCINDED - NS International Ingate Closures due to Independence Day Port Closures, Board of Directors & Committee Membership, Norfolk Southern reports first quarter 2023 results, Norfolk Southern to announce Q4 2022 earnings, Norfolk Southern Reports Q4 and Full-year 2022 Results, Norfolk Southern reports third quarter 2022 financial results. Description of Business. Homebuilder Stocks Steady; Can They Stay That Way? Enter your email address below to receive the latest headlines and analysts' recommendations for your stocks with our free daily email newsletter. Check out our latest analysis for Norfolk Southern. But to truly gain insight, we need to consider other information, too. The most heavily invested institutionals were Vanguard Group Inc. ($3.90B), BlackRock Inc. ($3.26B), State Street Corp ($1.96B), Capital International Investors ($1.81B), Lazard Asset Management LLC ($1.76B), Capital World Investors ($1.65B), and Geode Capital Management LLC ($869.60M).Learn more on NSC's institutional investors. See what's happening in the market right now with MarketBeat's real-time news feed. The Vanguard Group, Inc. is currently the largest shareholder, with 8.1% of shares outstanding. Hedge funds don't have many shares in Norfolk Southern. Case in point: We've spotted 1 warning sign for Norfolk Southern you should be aware of. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Buffalo, N.Y. We also outlined a bold new strategic plan to create long-term shareholder value and a pathway for future growth for Norfolk Southern." . Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Norfolk Southern is not owned by hedge funds. Billions to shareholders. Corporate Profile | About NS | Norfolk Southern In March 2022, Norfolk Southern announced a new $10 billion share repurchase plan. The information on Investing Simple could be different from what you find when visiting a third-party website.
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