Norfolk Southern director Anderson buys $99k in inventory

Richard H. Anderson, a director at Norfolk Southern Corp (NYSE:NSC), just lately acquired shares within the firm, in line with a submitting with the Securities and Change Fee. The railroad large, presently valued at roughly $56 billion, has maintained a “FAIR” Monetary Well being rating in line with InvestingPro evaluation. On December 13, Anderson bought a complete of 400 shares of frequent inventory by two separate transactions. The shares have been purchased at costs starting from $248.605 to $248.69 per share, amounting to a complete funding of roughly $99,459. These shares are held not directly by the Anderson Revocable Belief. Following these transactions, Anderson’s complete holdings stand at 4,400 shares. The corporate has maintained dividend funds for 43 consecutive years, with analysts setting value targets starting from $175 to $316. For complete insider buying and selling evaluation and extra insights, InvestingPro subscribers can entry detailed analysis experiences masking over 1,400 US shares.

In different current information, Norfolk Southern Company (NYSE:NSC) has seen a flurry of exercise. The rail transport firm reported a 23% improve in adjusted earnings per share, reaching $3.25, and a 3% rise in income, totaling $3.05 billion. RBC Capital revised its value goal for the agency to $275, sustaining an Outperform ranking, whereas TD Cowen held a Maintain ranking and raised its value goal to $259. Loop Capital additionally adjusted its value goal, elevating it to $287 and sustaining a Purchase ranking.

The corporate made strides in governance by appointing a brand new unbiased director to its Board of Administrators, following an settlement with Ancora Holdings Group. Moreover, Norfolk Southern shaped a Buyer Advisory Board, aiming to align its operations extra carefully with the evolving wants of its clientele. These current developments mirror the corporate’s ongoing efforts to boost its operations and governance.

Within the airline trade, American Airways Group (NASDAQ:AAL) Inc. and Southwest Airways (NYSE:LUV) Co. offered optimistic updates, with American Airways saying a brand new co-branded bank card deal and Southwest Airways reporting early successes of their enterprise mannequin changes. Conversely, JetBlue Airways (NASDAQ:JBLU) Corp. confronted analyst downgrades from Goldman Sachs and Citi.

Within the rail sector, CSX Company (NASDAQ:CSX) expects its fourth quarter to be negatively impacted by hostile climate circumstances and a bleak coal export forecast. Nevertheless, J.B. Hunt Transport Providers Inc. was acknowledged as considered one of Newsweek’s most dependable firms of 2025. These are among the many current developments within the transportation sector.

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