Norfolk Southern reported strong earnings and a higher dividend, attracting increased investment.

Norfolk Southern saw increased stock positions from several investors, including Acropolis Investment Management, which raised its holdings by 6.9%. The company reported strong earnings of $3.25 per share, beating analysts' estimates, and declared a quarterly dividend of $1.35 per share. Institutional investors control 75.10% of Norfolk Southern's stock, and recent brokerage ratings include an "overweight" from Barclays.

November 30, 2024
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