Northern Trust (NASDAQ:NTRS) Hits New 12-Month High After Strong Earnings
by Mitch Edgeman · The Markets DailyShares of Northern Trust Corporation (NASDAQ:NTRS – Get Free Report) reached a new 52-week high during mid-day trading on Thursday after the company announced better than expected quarterly earnings. The company traded as high as $150.00 and last traded at $150.48, with a volume of 5648 shares changing hands. The stock had previously closed at $144.42.
The asset manager reported $2.42 EPS for the quarter. Northern Trust had a return on equity of 14.37% and a net margin of 11.99%.The company had revenue of $3.15 billion for the quarter.
Northern Trust Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Friday, March 6th will be issued a dividend of $0.80 per share. The ex-dividend date of this dividend is Friday, March 6th. This represents a $3.20 annualized dividend and a dividend yield of 2.1%. Northern Trust’s dividend payout ratio (DPR) is 37.30%.
More Northern Trust News
Here are the key news stories impacting Northern Trust this week:
- Positive Sentiment: Northern Trust reported Q4 EPS of $2.69, beating consensus by $0.33; management published a press release and slide deck with results and commentary. Press Release
- Positive Sentiment: Revenue topped estimates, reinforcing the EPS beat and signaling continued fee and asset-growth momentum. Investing.com
- Positive Sentiment: Northern Trust announced a quarterly dividend of $0.80 per share (record Mar 6; payable Apr 1), which annualizes to $3.20 and implies ~2.2% yield — supportive for income-focused investors. BusinessWire
- Neutral Sentiment: Company filed its 8‑K and hosted a webcast; slide deck is available for investors wanting management’s outlook on margins, expenses and capital deployment. Slide Deck
- Negative Sentiment: Analyst previews and commentary (e.g., Zacks) highlight elevated operating expenses and lingering asset‑quality risks, which could pressure margins and future earnings if trends persist. Zacks
Analysts Set New Price Targets
Several research analysts have recently issued reports on NTRS shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Northern Trust in a research note on Wednesday, October 8th. Barclays lifted their price target on shares of Northern Trust from $136.00 to $160.00 and gave the stock an “equal weight” rating in a report on Monday, January 5th. Keefe, Bruyette & Woods increased their price objective on Northern Trust from $123.00 to $125.00 and gave the company an “underperform” rating in a report on Thursday, October 23rd. Citigroup upped their price target on Northern Trust from $135.00 to $143.00 and gave the company a “neutral” rating in a research report on Tuesday, December 30th. Finally, Wells Fargo & Company raised their price objective on Northern Trust from $127.00 to $131.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 23rd. Four research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $136.00.
Check Out Our Latest Report on NTRS
Insider Transactions at Northern Trust
In other Northern Trust news, EVP Susan Cohen Levy sold 27,591 shares of the stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $128.13, for a total value of $3,535,234.83. Following the transaction, the executive vice president owned 48,257 shares in the company, valued at approximately $6,183,169.41. This represents a 36.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider John Landers sold 766 shares of the business’s stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $124.35, for a total value of $95,252.10. Following the sale, the insider owned 7,313 shares of the company’s stock, valued at approximately $909,371.55. This represents a 9.48% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.77% of the company’s stock.
Institutional Investors Weigh In On Northern Trust
Institutional investors have recently bought and sold shares of the stock. Triumph Capital Management bought a new position in shares of Northern Trust during the 3rd quarter worth $25,000. FNY Investment Advisers LLC bought a new position in Northern Trust during the second quarter worth about $25,000. Board of the Pension Protection Fund purchased a new position in shares of Northern Trust in the fourth quarter worth about $27,000. AlphaCore Capital LLC increased its stake in shares of Northern Trust by 87.4% in the second quarter. AlphaCore Capital LLC now owns 208 shares of the asset manager’s stock worth $27,000 after purchasing an additional 97 shares in the last quarter. Finally, Hantz Financial Services Inc. lifted its stake in shares of Northern Trust by 5,225.0% during the 2nd quarter. Hantz Financial Services Inc. now owns 213 shares of the asset manager’s stock valued at $27,000 after buying an additional 209 shares in the last quarter. Institutional investors own 83.19% of the company’s stock.
Northern Trust Stock Performance
The company has a market capitalization of $28.46 billion, a P/E ratio of 17.54, a P/E/G ratio of 1.19 and a beta of 1.27. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.58. The company’s fifty day moving average is $136.96 and its 200 day moving average is $131.54.
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.