Truist Financial Issues Positive Forecast for Northern Trust (NASDAQ:NTRS) Stock Price

Northern Trust (NASDAQ:NTRS) had its target price hoisted by equities researchers at Truist Financial from $155.00 to $176.00 in a research note issued on Wednesday,Benzinga reports. The firm currently has a “hold” rating on the asset manager’s stock. Truist Financial’s price target points to a potential upside of 2.48% from the stock’s current price.

NTRS has been the topic of a number of other research reports. Wall Street Zen upgraded Northern Trust from a “sell” rating to a “hold” rating in a research note on Saturday, December 27th. The Goldman Sachs Group upgraded Northern Trust from a “sell” rating to a “neutral” rating and raised their price objective for the stock from $148.00 to $151.00 in a research note on Monday, April 6th. BMO Capital Markets upgraded Northern Trust from a “market perform” rating to an “outperform” rating and set a $168.00 price objective on the stock in a research note on Monday, April 6th. Evercore raised their price objective on Northern Trust from $142.00 to $155.00 and gave the stock an “in-line” rating in a research note on Friday, January 23rd. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Northern Trust in a research note on Thursday, January 22nd. Four investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $156.45.

Northern Trust Price Performance

Northern Trust stock opened at $171.74 on Wednesday. The stock’s fifty day moving average price is $144.44 and its two-hundred day moving average price is $139.21. Northern Trust has a one year low of $88.25 and a one year high of $173.19. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.69 and a quick ratio of 0.69. The firm has a market cap of $31.83 billion, a PE ratio of 19.65, a price-to-earnings-growth ratio of 1.24 and a beta of 1.23.

Northern Trust (NASDAQ:NTRS) last posted its quarterly earnings data on Tuesday, April 21st. The asset manager reported $2.71 EPS for the quarter, topping analysts’ consensus estimates of $2.37 by $0.34. Northern Trust had a return on equity of 14.87% and a net margin of 12.15%.The firm had revenue of $2.21 billion for the quarter, compared to analyst estimates of $2.13 billion. During the same quarter last year, the company earned $1.90 EPS. The company’s revenue was up 13.8% on a year-over-year basis. As a group, research analysts expect that Northern Trust will post 10.27 EPS for the current fiscal year.

Insider Buying and Selling

In other news, COO Peter Cherecwich sold 25,000 shares of Northern Trust stock in a transaction on Monday, January 26th. The stock was sold at an average price of $149.62, for a total value of $3,740,500.00. Following the transaction, the chief operating officer owned 26,259 shares in the company, valued at approximately $3,928,871.58. This trade represents a 48.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Clive Bellows sold 1,148 shares of Northern Trust stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $145.26, for a total value of $166,758.48. Following the completion of the transaction, the insider owned 34,133 shares in the company, valued at approximately $4,958,159.58. The trade was a 3.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 34,905 shares of company stock worth $5,166,714. 0.66% of the stock is owned by company insiders.

Institutional Investors Weigh In On Northern Trust

Several hedge funds have recently modified their holdings of the company. State Street Corp boosted its holdings in shares of Northern Trust by 1.0% during the 3rd quarter. State Street Corp now owns 9,493,634 shares of the asset manager’s stock valued at $1,285,236,000 after acquiring an additional 97,584 shares in the last quarter. Invesco Ltd. boosted its holdings in shares of Northern Trust by 8.7% during the 4th quarter. Invesco Ltd. now owns 3,747,840 shares of the asset manager’s stock valued at $511,917,000 after acquiring an additional 301,164 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Northern Trust by 5.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,894,755 shares of the asset manager’s stock valued at $395,395,000 after acquiring an additional 161,826 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Northern Trust by 1.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,419,674 shares of the asset manager’s stock valued at $330,527,000 after acquiring an additional 41,478 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in shares of Northern Trust by 0.3% during the 4th quarter. Bank of New York Mellon Corp now owns 1,953,020 shares of the asset manager’s stock valued at $266,763,000 after acquiring an additional 5,564 shares in the last quarter. Institutional investors and hedge funds own 83.19% of the company’s stock.

Northern Trust News Summary

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

• Positive Sentiment: Q1 results beat consensus: diluted EPS $2.71 vs. $2.37 est., net income $525.5M, revenue $2.213B (up ~14% YoY). The beat on EPS and revenue is the primary catalyst for the rally. Business Wire: Q1 2026 Financial Results
• Positive Sentiment: Operating leverage and capital return highlighted: management cited ~700 bps of positive operating leverage, ~32% pre‑tax margin (FTE), $358.9M in buybacks and $150.8M in dividends (100% payout ratio this quarter) — supportive for EPS and investor sentiment. QuiverQuant: Q1 analysis and capital return
• Positive Sentiment: Dividend declared: quarterly dividend of $0.80 per share (annualized yield ~1.9%), record date June 5, payable July 1 — provides steady yield and complements buybacks. (Company announcement)
• Neutral Sentiment: Investor materials and call transcripts available for deeper read on drivers and outlook; analysts and investors are parsing details on AUM/AUC growth and fee mix. Seeking Alpha: Q1 2026 Earnings Call Transcript Yahoo Finance: Q1 Transcript
• Neutral Sentiment: Analyst coverage and price targets vary (median target referenced ~$157); investors should weigh current valuation versus growth/ROE trajectory. QuiverQuant: analyst targets summary
• Negative Sentiment: Rising expenses noted by some outlets — higher operating costs could pressure margin expansion if not offset by continued revenue/fee growth. Zacks: Q1 margin/expense commentary
• Negative Sentiment: Notable insider and institutional selling activity reported in recent quarters (large position reductions by some institutions), which could add selling pressure despite the strong quarter. QuiverQuant: insider & institutional activity

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.