Seaport Res Ptn Raises Earnings Estimates for Northern Trust

Northern Trust Corporation (NASDAQ:NTRS - Free Report) - Investment analysts at Seaport Res Ptn increased their Q2 2025 earnings estimates for shares of Northern Trust in a note issued to investors on Tuesday, July 8th. Seaport Res Ptn analyst J. Mitchell now expects that the asset manager will post earnings per share of $2.05 for the quarter, up from their previous forecast of $2.03. The consensus estimate for Northern Trust's current full-year earnings is $8.27 per share. Seaport Res Ptn also issued estimates for Northern Trust's Q3 2025 earnings at $2.17 EPS, Q4 2025 earnings at $2.25 EPS, FY2025 earnings at $8.35 EPS, Q1 2026 earnings at $2.13 EPS, Q3 2026 earnings at $2.43 EPS, Q4 2026 earnings at $2.53 EPS and FY2026 earnings at $9.50 EPS.

Northern Trust (NASDAQ:NTRS - Get Free Report) last announced its quarterly earnings data on Tuesday, April 22nd. The asset manager reported $1.90 EPS for the quarter, beating the consensus estimate of $1.85 by $0.05. Northern Trust had a return on equity of 13.73% and a net margin of 13.93%. The business had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.95 billion.

Other research analysts have also issued research reports about the company. Wells Fargo & Company cut their price objective on Northern Trust from $118.00 to $111.00 and set an "equal weight" rating for the company in a research report on Wednesday, April 23rd. The Goldman Sachs Group upped their price objective on Northern Trust from $89.00 to $101.00 and gave the stock a "sell" rating in a report on Wednesday, July 2nd. Citigroup cut their target price on shares of Northern Trust from $110.00 to $105.00 and set a "neutral" rating for the company in a report on Monday, March 24th. Bank of America decreased their price target on shares of Northern Trust from $123.00 to $121.00 and set a "buy" rating on the stock in a research note on Wednesday, April 2nd. Finally, Truist Financial lifted their price objective on shares of Northern Trust from $116.00 to $126.00 and gave the stock a "hold" rating in a research note on Thursday, July 3rd. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $114.67.

Northern Trust Price Performance

Shares of Northern Trust stock traded down $0.38 on Thursday, hitting $126.62. 1,655,824 shares of the company traded hands, compared to its average volume of 1,445,650. Northern Trust has a 52 week low of $80.81 and a 52 week high of $133.00. The business has a 50-day simple moving average of $111.24 and a 200 day simple moving average of $105.11. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.71 and a current ratio of 0.71. The stock has a market capitalization of $24.63 billion, a P/E ratio of 11.81, a price-to-earnings-growth ratio of 1.91 and a beta of 1.26.

Institutional Investors Weigh In On Northern Trust

Hedge funds have recently made changes to their positions in the business. Colonial Trust Co SC raised its stake in Northern Trust by 6,400.0% during the 4th quarter. Colonial Trust Co SC now owns 260 shares of the asset manager's stock valued at $27,000 after acquiring an additional 256 shares in the last quarter. Continuum Advisory LLC raised its stake in shares of 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 purchasing an additional 267 shares in the last quarter. Zions Bancorporation National Association UT bought a new position in Northern Trust in the 1st quarter valued at about $29,000. Wayfinding Financial LLC acquired a new position in Northern Trust during the 1st quarter valued at about $35,000. Finally, Assetmark Inc. raised its position in shares of Northern Trust by 528.3% during the 4th quarter. Assetmark Inc. now owns 377 shares of the asset manager's stock worth $39,000 after buying an additional 317 shares in the last quarter. Institutional investors own 83.19% of the company's stock.

Insider Buying and Selling

In other Northern Trust news, insider Teresa Parker sold 6,467 shares of Northern Trust stock in a transaction that occurred on Friday, May 9th. The stock was sold at an average price of $100.62, for a total value of $650,709.54. Following the completion of the transaction, the insider directly owned 79,391 shares in the company, valued at $7,988,322.42. The trade was a 7.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Clive Bellows sold 3,300 shares of the business's stock in a transaction on Thursday, May 8th. The shares were sold at an average price of $99.95, for a total transaction of $329,835.00. Following the transaction, the executive vice president directly owned 28,736 shares of the company's stock, valued at approximately $2,872,163.20. This trade represents a 10.30% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 9,772 shares of company stock valued at $981,069 in the last three months. Corporate insiders own 0.77% of the company's stock.

Northern Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 1st. Stockholders of record on Friday, June 6th were paid a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 2.37%. The ex-dividend date of this dividend was Friday, June 6th. Northern Trust's dividend payout ratio (DPR) is currently 27.99%.

About Northern Trust

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.