In Q2, Hendershot Investments reduced its Norfolk Southern Co. stake by 6.5% to 2,533 shares.
Hendershot Investments has reduced its stake in Norfolk Southern Co. by 6.5% in Q2, owning 2,533 shares after selling 175. Other investors, including the State of Tennessee Treasury, have increased their holdings significantly. Brokerages issued mixed ratings, with Morgan Stanley maintaining an "underweight" and Wells Fargo raising its price target. Norfolk Southern's market cap is $57.10 billion, with a P/E ratio of 40.70 and a recent earnings report of $3.06 per share.
September 06, 2024
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