Northern Trust (NASDAQ:NTRS) Shares Unloaded Rep. Val T. Hoyle

Key Points

• Representative Val T. Hoyle sold shares of Northern Trust Corporation (NASDAQ:NTRS) worth between $1,001 and $15,000 from their IRA account, according to a filing made on October 10th.
• Northern Trust's stock has decreased by 4.1% recently, with a current share price of $124.72, highlighting fluctuations in the market despite a reported earnings beat in their latest quarterly results.
• The company recently increased its quarterly dividend to $0.80 per share, reflecting a positive change from the previous rate, with a dividend yield of 2.6%.

Representative Val T. Hoyle (D-Oregon) recently sold shares of Northern Trust Corporation NASDAQ: NTRS. In a filing disclosed on October 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Northern Trust stock on September 23rd. The trade occurred in the Representative's "FIDELITY ROLLOVER IRA" account.

Representative Val T. Hoyle also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Marriott International NASDAQ: MAR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Transdigm Group NYSE: TDG on 9/23/2025.
• Sold $1,001 - $15,000 in shares of H&R Block NYSE: HRB on 9/23/2025.
• Sold $1,001 - $15,000 in shares of NIKE NYSE: NKE on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Bank of New York Mellon NYSE: BK on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Cisco Systems NASDAQ: CSCO on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Capital One Financial NYSE: COF on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Pentair NYSE: PNR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Heico NYSE: HEI.A on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Target NYSE: TGT on 9/23/2025.

Northern Trust Stock Down 4.1%

Shares of Northern Trust stock opened at $124.72 on Friday. Northern Trust Corporation has a one year low of $81.62 and a one year high of $135.48. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.72 and a quick ratio of 0.72. The stock's 50-day moving average is $129.46 and its 200 day moving average is $115.62. The firm has a market cap of $23.85 billion, a price-to-earnings ratio of 14.66, a PEG ratio of 1.45 and a beta of 1.31.

Northern Trust (NASDAQ:NTRS - Get Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The asset manager reported $2.13 earnings per share for the quarter, topping analysts' consensus estimates of $2.08 by $0.05. Northern Trust had a return on equity of 14.06% and a net margin of 11.75%.The business had revenue of $2 billion for the quarter, compared to the consensus estimate of $1.96 billion. During the same period in the prior year, the business earned $4.34 EPS. The firm's revenue for the quarter was down 26.4% on a year-over-year basis. Equities research analysts anticipate that Northern Trust Corporation will post 8.27 EPS for the current year.

Northern Trust Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Friday, September 5th were given a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 2.6%. The ex-dividend date was Friday, September 5th. This is a positive change from Northern Trust's previous quarterly dividend of $0.75. Northern Trust's dividend payout ratio is currently 37.60%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Zacks Research downgraded Northern Trust from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, September 9th. Royal Bank Of Canada set a $123.00 price objective on Northern Trust and gave the stock an "outperform" rating in a research note on Monday, June 30th. TD Cowen assumed coverage on Northern Trust in a research report on Thursday, September 25th. They set a "buy" rating for the company. Barclays increased their price target on Northern Trust from $128.00 to $136.00 and gave the company an "equal weight" rating in a research report on Thursday, July 24th. Finally, Truist Financial increased their price target on Northern Trust from $132.00 to $142.00 and gave the company a "hold" rating in a research report on Thursday, October 2nd. Four equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, Northern Trust presently has an average rating of "Hold" and a consensus price target of $128.23.

Hedge Funds Weigh In On Northern Trust

Large investors have recently made changes to their positions in the stock. FNY Investment Advisers LLC bought a new position in shares of Northern Trust in the second quarter worth $25,000. Continuum Advisory LLC boosted its stake in Northern Trust by 5,340.0% during the first quarter. Continuum Advisory LLC now owns 272 shares of the asset manager's stock valued at $27,000 after buying an additional 267 shares during the period. Hantz Financial Services Inc. boosted its stake in Northern Trust by 5,225.0% during the second 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 during the period. AlphaCore Capital LLC boosted its stake in Northern Trust by 87.4% during the second quarter. AlphaCore Capital LLC now owns 208 shares of the asset manager's stock valued at $27,000 after buying an additional 97 shares during the period. Finally, Zions Bancorporation National Association UT bought a new stake in Northern Trust during the first quarter valued at $29,000. 83.19% of the stock is owned by institutional investors.

Insider Transactions at Northern Trust

In other Northern Trust news, Director Robert Edward Jr. Moritz acquired 256 shares of the company's stock in a transaction that occurred on Wednesday, August 13th. The stock was bought at an average price of $126.34 per share, with a total value of $32,343.04. Following the completion of the purchase, the director owned 2,525 shares of the company's stock, valued at approximately $319,008.50. This represents a 11.28% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.77% of the company's stock.

About Representative Hoyle

Val Hoyle (Democratic Party) is a member of the U.S. House, representing Oregon's 4th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. Hoyle (Democratic Party) is running for re-election to the U.S. House to represent Oregon's 4th Congressional District. She declared candidacy for the 2026 election. Val Hoyle was born in California and lives in Springfield, Oregon. Hoyle graduated from Merrimack High School. She earned a B.A. in political science from Emmanuel College in 1992. Her career experience includes working as a director at United Way of Lane County, a policy fellow at Wayne Morse Center for Law and Politics, and a commissioner at the Oregon Bureau of Labor and Industries. Hoyle has also worked in domestic and international sales, as well as manufacturing distribution.

Northern Trust Company Profile

Northern Trust Corporation, a financial holding company, provides wealth management, asset servicing, asset management, and banking solutions for corporations, institutions, families, and individuals worldwide. It operates in two segments, Asset Servicing and Wealth Management. The Asset Servicing segment offers asset servicing and related services, including custody, fund administration, investment operations outsourcing, investment management, investment risk and analytical services, employee benefit services, securities lending, foreign exchange, treasury management, brokerage services, transition management services, banking, and cash management services.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.