Northern Trust (NASDAQ:NTRS) Posts Quarterly Earnings Results, Beats Estimates By $1.52 EPS

Northern Trust (NASDAQ:NTRS) posted its quarterly earnings results on Wednesday. The asset manager reported $4.23 EPS for the quarter, beating analysts’ consensus estimates of $2.71 by $1.52, Briefing.com reports. Northern Trust had a net margin of 12.84% and a return on equity of 15.94%. The company had revenue of $2.71 billion during the quarter, compared to analyst estimates of $2.69 billion. During the same period in the prior year, the business posted $2.13 EPS. The firm’s revenue was up 35.1% compared to the same quarter last year.

Northern Trust Price Performance

Shares of NTRS opened at $177.83 on Wednesday. Northern Trust has a fifty-two week low of $118.99 and a fifty-two week high of $191.60. The firm’s 50-day simple moving average is $173.88 and its two-hundred day simple moving average is $157.15. The stock has a market cap of $32.91 billion, a PE ratio of 19.38, a price-to-earnings-growth ratio of 1.17 and a beta of 1.25. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.62 and a current ratio of 0.62.

Northern Trust Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Friday, September 4th will be issued a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 2.0%. This is a boost from Northern Trust’s previous quarterly dividend of $0.80. The ex-dividend date is Friday, September 4th. Northern Trust’s dividend payout ratio is currently 33.51%.

Insider Activity

In other Northern Trust news, insider Clive Bellows sold 2,800 shares of Northern Trust stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $165.02, for a total value of $462,056.00. Following the completion of the transaction, the insider directly owned 28,217 shares of the company’s stock, valued at approximately $4,656,369.34. The trade was a 9.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO David W. Fox, Jr. sold 19,987 shares of the firm’s stock in a transaction that occurred on Tuesday, April 28th. The shares were sold at an average price of $166.16, for a total transaction of $3,321,039.92. Following the sale, the chief financial officer directly owned 18,588 shares of the company’s stock, valued at $3,088,582.08. This trade represents a 51.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 22,800 shares of company stock worth $3,785,251 over the last three months. 0.66% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Northern Trust

A number of hedge funds have recently modified their holdings of NTRS. Triumph Capital Management purchased a new stake in shares of Northern Trust in the third quarter worth $25,000. DV Equities LLC bought a new stake in shares of Northern Trust during the fourth quarter valued at approximately $36,000. Transamerica Financial Advisors LLC increased its position in Northern Trust by 54.1% during the 4th quarter. Transamerica Financial Advisors LLC now owns 265 shares of the asset manager’s stock valued at $36,000 after purchasing an additional 93 shares during the period. Zions Bancorporation National Association UT raised its holdings in Northern Trust by 179.2% in the fourth quarter. Zions Bancorporation National Association UT now owns 268 shares of the asset manager’s stock worth $37,000 after purchasing an additional 172 shares in the last quarter. Finally, Wilkerson Advisory Group LLC acquired a new position in shares of Northern Trust during the fourth quarter worth $57,000. Institutional investors own 83.19% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on NTRS. Barclays upped their price target on Northern Trust from $160.00 to $176.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 22nd. Royal Bank Of Canada boosted their target price on Northern Trust from $159.00 to $178.00 and gave the company an “outperform” rating in a research note on Wednesday, April 22nd. UBS Group set a $186.00 target price on Northern Trust in a report on Friday, June 26th. Truist Financial raised their target price on shares of Northern Trust from $176.00 to $186.00 and gave the stock a “hold” rating in a research report on Friday, June 26th. Finally, Wells Fargo & Company lifted their target price on shares of Northern Trust from $175.00 to $189.00 and gave the company an “equal weight” rating in a research note on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $178.75.

Key Stories Impacting Northern Trust

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

• Positive Sentiment: Northern Trust beat Q2 earnings estimates, with EPS of $2.97 to $4.23 depending on the report source, above consensus, while revenue came in around $2.71 billion versus expectations near $2.69 billion. The results also showed solid year-over-year growth, with revenue up 35.1% and earnings well ahead of last year’s $2.13 per share. Article: Northern Trust Corporation Reports Second Quarter 2026 Financial Results
• Positive Sentiment: The company said Q2 revenue was lifted by stronger fees, capital markets activity, and net interest income, suggesting multiple business lines are contributing to growth. Article: Northern Trust’s Q2 revenue up on fees, capital markets, net interest income
• Positive Sentiment: Northern Trust also raised its quarterly dividend to $0.88 from $0.80, a 10% increase, which signals management confidence in cash generation and shareholder returns. Article: Northern Trust posts strong Q2 results, boosts dividend
• Neutral Sentiment: The company released its full second-quarter 2026 financial results and hosted its earnings call, but these items mainly confirm the already reported beat and do not add new material surprise. Article: Northern Trust Corporation Reports Second Quarter 2026 Financial Results

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.