Royal Bank Of Canada Raises Northern Trust (NASDAQ:NTRS) Price Target to $178.00

Northern Trust (NASDAQ:NTRS) had its price objective hoisted by stock analysts at Royal Bank Of Canada from $159.00 to $178.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage presently has an “outperform” rating on the asset manager’s stock. Royal Bank Of Canada’s target price would indicate a potential upside of 5.80% from the company’s previous close.

Several other research analysts have also commented on NTRS. The Goldman Sachs Group upgraded Northern Trust from a “sell” rating to a “neutral” rating and raised their price target for the stock from $148.00 to $151.00 in a research report on Monday, April 6th. Truist Financial boosted their price objective on Northern Trust from $155.00 to $176.00 and gave the company a “hold” rating in a report on Wednesday. Weiss Ratings reissued a “buy (b-)” rating on shares of Northern Trust in a research note on Thursday, January 22nd. Wall Street Zen upgraded Northern Trust from a “sell” rating to a “hold” rating in a report on Saturday, December 27th. Finally, Evercore lifted their target price on Northern Trust from $142.00 to $155.00 and gave the company an “in-line” rating in a research report on Friday, January 23rd. Four equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Northern Trust currently has an average rating of “Hold” and an average target price of $161.91.

Northern Trust Trading Down 2.0%

NTRS traded down $3.51 on Wednesday, hitting $168.24. The company had a trading volume of 276,458 shares, compared to its average volume of 1,082,798. The company’s fifty day moving average price is $144.44 and its 200 day moving average price is $139.21. Northern Trust has a 1 year low of $90.05 and a 1 year high of $173.18. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.57. The firm has a market cap of $31.18 billion, a P/E ratio of 19.32, a PEG 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 earnings per share for the quarter, topping analysts’ consensus estimates of $2.37 by $0.34. Northern Trust had a net margin of 12.15% and a return on equity of 14.87%. The firm had revenue of $2.21 billion during the quarter, compared to analysts’ expectations of $2.13 billion. During the same quarter last year, the company posted $1.90 EPS. The firm’s quarterly revenue was up 13.8% on a year-over-year basis. As a group, equities analysts expect that Northern Trust will post 10.27 earnings per share for the current year.

Insider Transactions at Northern Trust

In related news, insider Clive Bellows sold 1,148 shares of the business’s stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $145.26, for a total transaction of $166,758.48. Following the completion of the transaction, the insider directly owned 34,133 shares of the company’s stock, valued at $4,958,159.58. The trade was a 3.25% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Richard Petrino purchased 1,000 shares of the business’s stock in a transaction on Thursday, February 5th. The shares were bought at an average price of $148.91 per share, for a total transaction of $148,910.00. Following the acquisition, the director owned 3,332 shares in the company, valued at $496,168.12. This trade represents a 42.88% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders sold a total of 34,905 shares of company stock valued at $5,166,714 in the last 90 days. Insiders own 0.66% of the company’s stock.

Institutional Trading of Northern Trust

A number of large investors have recently made changes to their positions in NTRS. Cambient Family Office LLC lifted its stake in Northern Trust by 4.7% in the first quarter. Cambient Family Office LLC now owns 2,608 shares of the asset manager’s stock worth $366,000 after acquiring an additional 118 shares during the last quarter. OLD National Bancorp IN increased its position in shares of Northern Trust by 3.2% in the 1st quarter. OLD National Bancorp IN now owns 2,663 shares of the asset manager’s stock valued at $372,000 after purchasing an additional 83 shares during the last quarter. Louisiana State Employees Retirement System acquired a new stake in shares of Northern Trust in the 1st quarter valued at $1,326,000. Fifth Third Wealth Advisors LLC raised its holdings in shares of Northern Trust by 19.6% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 2,325 shares of the asset manager’s stock valued at $324,000 after purchasing an additional 381 shares in the last quarter. Finally, OP Asset Management Ltd purchased a new stake in shares of Northern Trust during the 1st quarter worth $2,708,000. 83.19% of the stock is currently owned by hedge funds and other institutional investors.

Northern Trust News Summary

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.