Northern Trust (NASDAQ:NTRS) Price Target Raised to $175.00

Northern Trust (NASDAQ:NTRS) had its price objective increased by equities researchers at Wells Fargo & Company from $150.00 to $175.00 in a report issued on Wednesday,Benzinga reports. The brokerage presently has an “equal weight” rating on the asset manager’s stock. Wells Fargo & Company‘s price objective would indicate a potential upside of 4.02% from the company’s current price.

A number of other research analysts have also recently commented on NTRS. Morgan Stanley boosted their price target on Northern Trust from $131.00 to $140.00 and gave the stock an “underweight” rating in a report on Friday, January 23rd. Barclays increased their price objective on shares of Northern Trust from $160.00 to $176.00 and gave the company an “equal weight” rating in a report on Wednesday. Wall Street Zen raised shares of Northern Trust from a “sell” rating to a “hold” rating in a report on Saturday, December 27th. TD Cowen upped their target price on shares of Northern Trust from $165.00 to $175.00 and gave the stock a “buy” rating in a research report on Monday, January 26th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Northern Trust in a research note on Thursday, January 22nd. Four equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $161.91.

Northern Trust Price Performance

NTRS stock traded down $3.51 during trading on Wednesday, reaching $168.24. The company’s stock had a trading volume of 276,458 shares, compared to its average volume of 1,082,798. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 0.57. The company’s fifty day moving average is $144.44 and its 200-day moving average is $139.21. The company has a market capitalization of $31.18 billion, a P/E ratio of 19.32, a price-to-earnings-growth ratio of 1.24 and a beta of 1.23. Northern Trust has a 1 year low of $90.05 and a 1 year high of $173.18.

Northern Trust (NASDAQ:NTRS) last announced its quarterly earnings data on Tuesday, April 21st. The asset manager reported $2.71 EPS for the quarter, beating the consensus estimate of $2.37 by $0.34. The business had revenue of $2.21 billion for the quarter, compared to the consensus estimate of $2.13 billion. Northern Trust had a return on equity of 14.87% and a net margin of 12.15%.The business’s revenue was up 13.8% on a year-over-year basis. During the same period in the previous year, the business earned $1.90 earnings per share. On average, research analysts expect that Northern Trust will post 10.27 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, COO Peter Cherecwich sold 25,000 shares of the business’s stock in a transaction dated Monday, January 26th. The shares were sold at an average price of $149.62, for a total value of $3,740,500.00. Following the sale, the chief operating officer directly owned 26,259 shares in the company, valued at $3,928,871.58. The trade was a 48.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Richard Petrino purchased 1,000 shares of the company’s stock in a transaction that occurred on Thursday, February 5th. The stock was bought at an average price of $148.91 per share, with a total value of $148,910.00. Following the transaction, the director owned 3,332 shares of the company’s stock, valued at $496,168.12. This represents a 42.88% increase in their position. The SEC filing for this purchase provides additional information. Over the last ninety days, insiders sold 34,905 shares of company stock worth $5,166,714. Insiders own 0.66% of the company’s stock.

Institutional Investors Weigh In On Northern Trust

Several institutional investors have recently made changes to their positions in NTRS. Triumph Capital Management purchased a new position in shares of Northern Trust during the 3rd quarter worth about $25,000. Reflection Asset Management purchased a new stake in Northern Trust in the 4th quarter worth about $25,000. Board of the Pension Protection Fund bought a new stake in Northern Trust in the fourth quarter worth about $27,000. Elyxium Wealth LLC purchased a new position in shares of Northern Trust during the fourth quarter valued at approximately $34,000. Finally, International Assets Investment Management LLC purchased a new position in shares of Northern Trust during the fourth quarter valued at approximately $35,000. Institutional investors own 83.19% of the company’s stock.

More Northern Trust News

Here are the key news stories impacting Northern Trust this week:

• Positive Sentiment: Q1 results beat expectations — Northern Trust reported diluted EPS of $2.71 and fully taxable equivalent revenue of ~$2.21B, with net income ~$525.5M and improved credit quality and operating leverage cited on the call. These upside surprises are the primary catalyst for the rally. Q1 Press Release
• Positive Sentiment: Strong capital returns highlighted — the company disclosed a 100% total payout for the quarter (dividends plus ~$359M in buybacks), which supports EPS and shareholder value and likely helped push the stock higher. QuiverQuant Analysis
• Positive Sentiment: Analyst target tick higher — Truist lifted its price target from $155 to $176 (hold), signaling modest additional upside relative to current levels and reinforcing the takeaways from the quarter. Truist/PT Note
• Neutral Sentiment: Quarterly dividend declared — Northern Trust set a $0.80 quarterly dividend (ex‑dividend June 5, payable July 1), implying an annualized yield near 1.9%; supportive for income investors but not a large yield.
• Neutral Sentiment: Conference call and coverage available — detailed Q&A and analyst takes (transcripts on Seeking Alpha/Yahoo) provide more color on fee drivers, AUM/AUC growth and margin dynamics for those evaluating sustainability of the beat. Earnings Call Transcript
• Negative Sentiment: Pressure points: revenue mix and expenses — some writeups note revenue growth lagging certain segments and higher expenses; long‑term margin sustainability will be monitored. Zacks Coverage
• Negative Sentiment: Notable institutional and insider selling activity — recent filings and data show large quarter‑end reductions by some asset managers and multiple insider sales, which could weigh on sentiment if sustained. QuiverQuant Ownership Data

About Northern Trust

Northern Trust Corporation (NASDAQ: NTRS) is a global financial services firm headquartered in Chicago that provides asset servicing, asset management and wealth management solutions to institutions, corporations and high-net-worth individuals. The company’s core businesses include custody and fund administration, investment operations outsourcing, trust and fiduciary services, private banking, and retirement and defined contribution plan services.

Northern Trust’s product and service offerings span custody and fund accounting, portfolio and performance analytics, securities lending, cash management and foreign exchange, as well as discretionary and non-discretionary investment management.