largest shareholders of norfolk southern

While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Here are some of the tools and services to help your portfolio grow. This article by Simply Wall St is general in nature. Christopher T. Jones Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. Review Norfolk Southerns operating reports and the terms used to report performance in one convenient location. Simply Wall St has no position in any stocks mentioned.Have feedback on this article? Looking at our data, we can see that the largest shareholder is The Vanguard Group, Inc. with 7.7% of shares outstanding. Recent Insider Transactions Insider Trading Volume Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months. The company's largest shareholder is The Vanguard Group, Inc., with ownership of 8.1%. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. Skip Chart & View Institutional Buying and Selling Data. Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. As shippers and truckers faced disruptions during the COVID-19 pandemic, railroads held up better than most because of their unique 24/7 business model and ability to move a lot of cargo with very. But it's worth noting that they own US$73m worth of shares. In the chart below, we can see that institutions are noticeable on the share registry. Of course, keep in mind that there are other factors to consider, too. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. This volume of shares sold represents approximately $9.82B in transactions. Indeed, they own a respectable stake in the company. Enola, Pa. Norfolk Southern Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. Environment Norfolk Southern CEO now supports efforts to enhance 'safety of the freight rail industry' but he doesn't totally support the current bill BY Stephen Groves and The Associated Press While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. Harrisburg, Pa. Thomas D. Bell Jr Discovery Company. For example, we've discovered 2 warning signs for Norfolk Southern that you should be aware of before investing here. Who are the largest shareholders of NSC shares? To learn how to enable JavaScript in your browser, With 71% ownership, Norfolk Southern Corporation (NYSE:NSC) boasts of On this page, you can find links to commonly requested documents, information on our INVESTORS CHOICE Plan, and shareholder contacts. Find out whether Norfolk Southern is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health. It takes less than 3 minutes to sign up and claim your Free Stock Bonus. M1 Plus members can earn 5.00% APY on their deposits with no minimum balance required. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. Norfolk Southern has a market capitalization of US$59b, so it's too big to fly under the radar. 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 All photographs taken prior to onset of the COVID-19 pandemic. . Claude E. "Ed" Elkins When such a trade goes wrong, multiple parties may compete to sell stock fast. Robinhood provides an easy-to-use free trading platform for beginner investors. Quite a few analysts cover the stock, so you could look into forecast growth quite easily. see if those insiders have been buying or selling. Norfolk Southern is paying $6.5 million to derailment victims - CNN Decatur, Ill. Norfolk Southern Corporation (NYSE:NSC) is largely controlled by As it is a large company, we'd only expect insiders to own a small percentage of it. The company is benefiting from rising margins, a healthy balance sheet, and strong . Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. I generally consider insider ownership to be a good thing. Steven F. Leer But to understand Norfolk Southern better, we need to consider many other factors. Norfolk Southern Corporation (NYSE:NSC) is largely controlled by Perhaps you're driven by a creative vision you can't help but give your best to. Get a free stock when you open an account below. Norfolk Southern Corporation (NYSE: NSC) is one of the nations premier transportation companies. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. All photographs taken prior to onset of the COVID-19 pandemic. Investor Relations | Norfolk Southern Detroit, Mich. Though their holding amounts to less than 1%, we can see that board members collectively own US$88m worth of shares (at current prices). That drives value for shareholders, customers, employees, communities, and suppliers. It is always good to see at least some insider ownership, but it might be worth checking if those insiders have been selling. Norfolk Southern Corporation (NYSE: NSC) today announced fourth quarter and full-year 2022 financial results. Birmingham, Ala. Norfolk Southern shareholders sue over Ohio derailment - Yahoo News Vanguard, BlackRock Top 2 Shareholders of Norfolk Southern and ABC, NBC Concerned about the content? Companies that have been privatized tend to have low insider ownership. But ultimately it is the future, not the past, that will determine how well the owners of this business will do. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Bought 141.1 Thousand shares of Norfolk Southern Corp, Bought 115.8 Thousand shares of Norfolk Southern Corp, Bought 17.0 Thousand shares of Norfolk Southern Corp. 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. You can access this free report on analyst forecasts for the company. Kansas City. In addition, the railroad operates the most extensive intermodal network in the East and is a principal carrier ofcoal, automobiles, and automotive parts. Sign up for InsiderTrades.com's daily newsletter to get the latest insider transactions delivered to your inbox daily. Consider risks, for instance. Which institutional investors have been buying Norfolk Southern stock? 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. Hello, you need to have JavaScript enabled to view this website. 5 Best Railroad Stocks to Buy in 2023 | The Motley Fool Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. It is always good to see at least some insider ownership, but it might be worth checking if those insiders have been selling. We aim to bring you long-term focused analysis driven by fundamental data. Taking a look at our data on the ownership groups (below), it seems that institutional investors have bought into the company. Fort Wayne, Ind. 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. Meanwhile, it's shelling out $7.5 billion for shareholders By Chris Isidore, CNN Updated 4:58 PM EST, Wed February 22,. We aim to bring you long-term focused analysis driven by fundamental data. Hedge funds don't have many shares in Norfolk Southern. Institutional investors have bought a total of 49,184,534 shares in the last 24 months. Being so large, we would not expect insiders to own a large proportion of the stock. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz- und Cookie-Einstellungen oder Datenschutz-Dashboard klicken. We note that hedge funds don't have a meaningful investment in Norfolk Southern. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Our data suggests that insiders own under 1% of Norfolk Southern Corporation in their own names. Norfolk Southern is paying $6.5 million to derailment victims John C. Jack Huffard Jr. Check out our latest analysis for Norfolk Southern. What Type Of Shareholders Own The Most Number of Norfolk Southern 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. Norfolk Southern Stock Ownership - Who Owns Norfolk Southern in 2023 The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Earn 5.00% APY with M1 High-Yield Savings Account. The Vanguard Group, Inc. is currently the company's largest shareholder with 7.6% of shares outstanding. Normally institutions would own a significant portion of a company this size. 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. 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? click here. 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. These top 10 shareholders represent a significant portion of NSC's ownership structure. Get the Latest News and Ratings for Your Stocks. So they usually pay more attention to companies that are included in major indices. 71.97% of Norfolk Southern stock is owned by institutional investors. Norfolk Southern is dedicated to serving its shareowners. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Executive Vice President & Chief Operating Officer Ownership: 7.69% Shares Held: 17,504,705 2. Institutional investors own over 50% of the company, so together than can probably strongly influence board decisions. The group holding the most number of shares in the company, around 76% to be precise, is institutions. Trains, Toxins, and Government Lies: Norfolk Southern's '32 Nasty' And How Many Norfolk Southern Corporation (NYSE:NSC) Shares Do Institutions 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. Norfolk Southern Railway Company v. STB, No. 22-1209 (D.C. Cir. 2023) Open a new Webull brokerage account today and deposit any amount of money to receive 5 free stocks. Norfolk Southern Train 32N, A.K.A. click here. Mitchell E. Daniels Jr. Norfolk Southerns history spans nearly two centuries to the earliest days of American railroading. Review analyst ratings and forecasts. NASDAQ Norfolk Southern is paying $6.5 million to derailment victims. Weitere Informationen darber, wie wir Ihre personenbezogenen Daten nutzen, finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie. But it's worth noting that they own US$64m worth of shares. CNN Sans & 2016 Cable News Network. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. . With 76% ownership, Norfolk Southern Corporation (NYSE:NSC) boasts of This suggests some credibility amongst professional investors. Simply Wall St has no position in any stocks mentioned. For an explanation, see the Non-GAAP Reconciliation for 2021 on page K19 of our Annual Report on Form 10-K. Average number of shares outstanding at year end. Ultimately the future is most important. Crew Management Center 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. You can see Norfolk Southern's historic earnings and revenue below, but keep in mind there's always more to the story. You have already added five stocks to your watchlist. . James A. Squires Its Norfolk Southern Railway Company subsidiary operates approximately 19,300 route miles in 22 states and the District of Columbia, serves every major container port in the eastern United States, and provides efficient connections to other rail carriers. Linwood, N.C. The Vanguard Group, Inc. All content of the Dow Jones branded indices S&P Dow Jones Indices LLC 2019 and/or its affiliates. As of March 2023, the top 10 shareholders in NSC are as follows. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. This suggests some credibility amongst professional investors. It's therefore worth looking at Norfolk Southern's earnings history below. A look at the shareholders of Norfolk Southern Corporation (NYSE:NSC) can tell us which group is most powerful. Norfolk Southern reports first quarter 2023 results Disclaimer. This may not be consistent with full year annual report figures. Norfolk Southern operates the most extensive intermodal network in the . Chicago, Ill. The definition of company insiders can be subjective and does vary between jurisdictions. Insider Ownership Of Norfolk Southern. I generally consider insider ownership to be a good thing. I find it very interesting to look at who exactly owns a company. Every company has them, and we've spotted 2 warning signs for Norfolk Southern you should know about. Atlanta, Ga. Sustainability Trailing Returns Financials Valuation Operating Performance Dividends Ownership Executive NYSE: NSC Show Full Chart After hours: 229.95 1.06 | 0.46 % Jul 3, 2023 5:00 PM EDT |. But to truly gain insight, we need to consider other information, too. 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. Morningstar: 2019 Morningstar, Inc. All Rights Reserved. Looking at our data, we can see that the largest shareholder is The Vanguard Group, Inc. with 7.5% of shares outstanding. It is a very large company, so it would be surprising to see insiders own a large proportion of the company. Thursday's lawsuit was filed by Pennsylvania's Bucks County Employees Retirement System, and seeks damages for shareholders between Oct. 28, 2020 and March 3, 2023. This implies the analysts working for those institutions have looked at the stock and they like it. Lamberts Point coal transload facility, Agriculture, forest, and consumer products, Rail shipments (including trailers and containers). To learn how to enable JavaScript in your browser, All rights reserved. As of Friday, Vanguard ($4,302,831,536) and BlackRock ($2,560,700,848) were the two largest shareholders of Norfolk Southern Corporation. Billions to shareholders. The Vanguard Group, Inc. is currently the largest shareholder, with 8.1% of shares outstanding. Norfolk Southern urged the state court to throw out Mallory's lawsuit. Norfolk Southern was required to register with the state as a condition of doing business there. So it is worth checking the past earnings trajectory of Norfolk Southern, (below). Please log in to your account or sign up in order to add this asset to your watchlist. National Customer Service Center Chattanooga, Tenn. Hello, you need to have JavaScript enabled to view this website. Get in touch with us directly. 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. St. Louis, Mo. If you're new to stock investing, here's how to buy Norfolk Southern stock. It is a very large company, so it would be surprising to see insiders own a large proportion of the company. So they generally do consider buying larger companies that are included in the relevant benchmark index. As you can see, institutional investors have a fair amount of stake in Norfolk Southern. Senior Vice President & Chief Strategy Officer. It's always worth thinking about the different groups who own shares in a company. Passively invest in private real estate deals with as little as $10. 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. Sheffield, Ala. Norfolk Southern is a pretty big company. 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. Toledo, Ohio. 10 Largest Norfolk Southern Corp Shareholders In 2023 Norfolk Southern Corporation (NSC) is a major American transportation company that operates in the eastern part of the United States. What are the best investing apps in 2019? Homebuilder Stocks Steady; Can They Stay That Way? Buffalo, N.Y. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. 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. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. 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.). The general public-- including retail investors -- own 29% stake in the company, and hence can't easily be ignored. Have feedback on this article? You can see Norfolk Southern's historic earnings and revenue below, but keep in mind there's always more to the story. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. Alternatively, email editorial-team (at) simplywallst.com. We aim to bring you long-term focused analysis driven by fundamental data. Since institutional investors own more than half the issued stock, the board will likely have to pay attention to their preferences. As you can see, institutional investors have a fair amount of stake in Norfolk Southern. This majority interest is a greater percentage than is typical for companies in the Railroads industry and highlights that the smart money sees this stock as an important holding. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. Mullen Automotive Stock, Where Do You Stand? In-depth profiles and analysis for 20,000 public companies. I find it very interesting to look at who exactly owns a company. For helpful informationvisit our FAQ page. Normally institutions would own a significant portion of a company this size. Norfolk Southern Reports Q4 and Full-year 2022 Results But just like anyone else, they could be wrong. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. This suggests some credibility amongst professional investors. Our information suggests that Norfolk Southern Corporation insiders own under 1% of the company. 1. This may not be consistent with full year annual report figures. Understanding RSI: A Powerful Momentum Indicator for Stock Analysis. Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. Simply Wall St has no position in any stocks mentioned. However, one of the deciding factors might be getting something out of it for [], 10 Best Business Books For Beginners Starting Out In 2023, So, you want to start a business. With 7.0% and 5.6% of the shares outstanding respectively, BlackRock,. 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.
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