Institutional investors acquire stakes in Norfolk Southern and Northrop Grumman

Recent SEC disclosures reveal significant institutional stock acquisitions for both Norfolk Southern Corporation and Northrop Grumman Corporation.

Great Lakes Advisors LLC acquired 3,320 shares of Norfolk Southern Corporation during the second quarter, an investment valued at approximately $1,045,000. Other firms, including Exencial Wealth Advisors LLC, Sovereign Financial Group Inc., and Bar Harbor Wealth Management, have also recently adjusted or increased their positions in the railroad operator.

In a separate move, Ally Financial Inc. established a new position in Northrop Grumman Corporation during the second quarter by purchasing 10,000 shares valued at roughly $5,093,000. Various other entities, such as Torren Management LLC and Karpus Management Inc., also reported new stakes in the aerospace company during previous quarters.