Hendershot Investments reduces stake in Norfolk Southern Co. by 6.5% to 2,533 shares.
Hendershot Investments has reduced its stake in Norfolk Southern Co. by 6.5%, now holding 2,533 shares. Other institutional investors have adjusted their positions, with significant increases from the State of Tennessee and Manning & Napier. Analysts maintain a "Moderate Buy" consensus for Norfolk Southern, with a target price of $264.24. The company reported Q2 earnings of $3.06 per share, surpassing estimates, and declared a quarterly dividend of $1.35.
September 06, 2024
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