Northern Trust (NTRS) – Analysts’ Recent Ratings Updates

A number of firms have modified their ratings and price targets on shares of Northern Trust (NASDAQ: NTRS) recently:

• 1/27/2025 – Northern Trust had its price target raised by analysts at UBS Group AG from $110.00 to $114.00. They now have a “neutral” rating on the stock.
• 1/24/2025 – Northern Trust had its price target raised by analysts at The Goldman Sachs Group, Inc. from $92.00 to $102.00. They now have a “sell” rating on the stock.
• 1/24/2025 – Northern Trust had its price target raised by analysts at Royal Bank of Canada from $107.00 to $115.00. They now have an “outperform” rating on the stock.
• 1/24/2025 – Northern Trust had its price target raised by analysts at Keefe, Bruyette & Woods from $113.00 to $122.00. They now have a “market perform” rating on the stock.
• 1/24/2025 – Northern Trust had its price target raised by analysts at Truist Financial Co. from $110.00 to $116.00. They now have a “hold” rating on the stock.
• 1/24/2025 – Northern Trust was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 1/14/2025 – Northern Trust was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 1/7/2025 – Northern Trust is now covered by analysts at Truist Financial Co.. They set a “hold” rating and a $110.00 price target on the stock.
• 1/6/2025 – Northern Trust had its price target raised by analysts at Barclays PLC from $115.00 to $118.00. They now have an “equal weight” rating on the stock.
• 1/3/2025 – Northern Trust had its price target lowered by analysts at Morgan Stanley from $127.00 to $125.00. They now have an “equal weight” rating on the stock.
• 12/10/2024 – Northern Trust was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 12/9/2024 – Northern Trust was upgraded by analysts at Morgan Stanley from an “underweight” rating to an “equal weight” rating. They now have a $127.00 price target on the stock, up previously from $103.00.

Northern Trust Stock Performance

Shares of NTRS traded up $0.96 on Tuesday, reaching $111.78. 174,787 shares of the company’s stock traded hands, compared to its average volume of 1,160,461. The company has a current ratio of 0.68, a quick ratio of 0.71 and a debt-to-equity ratio of 0.58. The stock has a market cap of $22.16 billion, a PE ratio of 11.43, a PEG ratio of 1.72 and a beta of 1.08. The stock’s 50 day simple moving average is $106.25 and its two-hundred day simple moving average is $97.59. Northern Trust Co. has a 52-week low of $76.67 and a 52-week high of $114.21.

Northern Trust (NASDAQ:NTRS) last issued its quarterly earnings results on Thursday, January 23rd. The asset manager reported $2.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.96 by $0.30. Northern Trust had a return on equity of 13.74% and a net margin of 12.77%. On average, analysts forecast that Northern Trust Co. will post 8.2 earnings per share for the current fiscal year.

Northern Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be paid a $0.75 dividend. The ex-dividend date is Friday, March 14th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.68%. Northern Trust’s dividend payout ratio (DPR) is currently 30.67%.

Insider Transactions at Northern Trust

In other news, insider Jason J. Tyler sold 2,237 shares of Northern Trust stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of $112.67, for a total transaction of $252,042.79. Following the completion of the sale, the insider now owns 58,449 shares of the company’s stock, valued at approximately $6,585,448.83. The trade was a 3.69 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Thomas A. South sold 5,000 shares of the company’s stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $105.80, for a total value of $529,000.00. Following the transaction, the executive vice president now directly owns 49,756 shares in the company, valued at approximately $5,264,184.80. The trade was a 9.13 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 58,622 shares of company stock worth $6,426,307 in the last ninety days. Insiders own 0.64% of the company’s stock.

Institutional Investors Weigh In On Northern Trust

Hedge funds have recently modified their holdings of the company. Allworth Financial LP raised its holdings in Northern Trust by 9.1% in the 3rd quarter. Allworth Financial LP now owns 1,170 shares of the asset manager’s stock valued at $105,000 after acquiring an additional 98 shares during the last quarter. Juncture Wealth Strategies LLC boosted its position in Northern Trust by 2.4% in the 4th quarter. Juncture Wealth Strategies LLC now owns 4,212 shares of the asset manager’s stock valued at $432,000 after buying an additional 100 shares during the period. Ballentine Partners LLC raised its holdings in shares of Northern Trust by 4.4% in the 4th quarter. Ballentine Partners LLC now owns 2,483 shares of the asset manager’s stock valued at $255,000 after purchasing an additional 105 shares in the last quarter. Pallas Capital Advisors LLC raised its holdings in shares of Northern Trust by 1.8% in the 4th quarter. Pallas Capital Advisors LLC now owns 6,091 shares of the asset manager’s stock valued at $624,000 after purchasing an additional 107 shares in the last quarter. Finally, Bradley Foster & Sargent Inc. CT raised its stake in Northern Trust by 2.4% during the 4th quarter. Bradley Foster & Sargent Inc. CT now owns 4,774 shares of the asset manager’s stock worth $489,000 after acquiring an additional 114 shares in the last quarter. 83.19% of the stock is owned by hedge funds and other institutional investors.

Northern Trust Corporation, a financial holding company, provides wealth management, asset servicing, asset management, and banking solutions for corporations, institutions, families, and individuals worldwide. It operates in two segments, Asset Servicing and Wealth Management. The Asset Servicing segment offers asset servicing and related services, including custody, fund administration, investment operations outsourcing, investment management, investment risk and analytical services, employee benefit services, securities lending, foreign exchange, treasury management, brokerage services, transition management services, banking, and cash management services.