Northern Trust Q3 EPS Estimate Lifted by Seaport Res Ptn

Key Points

• Seaport Res Ptn has raised its Q3 2025 earnings estimate for Northern Trust to $2.19 per share, up from a previous forecast of $2.17, and projects Q4 2025 earnings at $2.28 EPS.
• Northern Trust reported $2.13 EPS for its latest quarter, exceeding the consensus estimate of $2.08, while its revenue was $2 billion compared to expectations of $1.96 billion.
• The company has increased its quarterly dividend to $0.80 per share, a rise from the previous $0.75, with an annualized dividend yield of 2.46%.

Northern Trust Corporation (NASDAQ:NTRS - Free Report) - Analysts at Seaport Res Ptn raised their Q3 2025 earnings per share (EPS) estimates for shares of Northern Trust in a research note issued on Wednesday, July 23rd. Seaport Res Ptn analyst J. Mitchell now expects that the asset manager will post earnings per share of $2.19 for the quarter, up from their previous forecast of $2.17. 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 Q4 2025 earnings at $2.28 EPS, FY2025 earnings at $8.50 EPS and Q1 2026 earnings at $2.15 EPS.

Northern Trust (NASDAQ:NTRS - Get Free Report) last posted its quarterly earnings data on Wednesday, July 23rd. The asset manager reported $2.13 earnings per share for the quarter, beating analysts' consensus estimates of $2.08 by $0.05. The company had revenue of $2 billion during the quarter, compared to analysts' expectations of $1.96 billion. Northern Trust had a net margin of 11.75% and a return on equity of 14.06%. The firm's revenue for the quarter was down 26.4% on a year-over-year basis. During the same period in the prior year, the company posted $4.34 EPS.

Other analysts have also issued research reports about the stock. Bank of America lowered their price objective on shares of Northern Trust from $123.00 to $121.00 and set a "buy" rating for the company in a research note on Wednesday, April 2nd. Morgan Stanley upped their target price on shares of Northern Trust from $103.00 to $106.00 and gave the stock an "underweight" rating in a report on Tuesday, July 1st. Barclays lifted their price objective on shares of Northern Trust from $128.00 to $136.00 and gave the stock an "equal weight" rating in a report on Thursday. Keefe, Bruyette & Woods reissued an "underperform" rating and issued a $118.00 price target (down from $120.00) on shares of Northern Trust in a research note on Thursday. Finally, Royal Bank Of Canada set a $123.00 price target on shares of Northern Trust and gave the company an "outperform" rating in a research report on Monday, June 30th. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and an average target price of $116.58.

Northern Trust Price Performance

Shares of Northern Trust stock traded up $1.27 during trading on Friday, hitting $130.03. 1,158,006 shares of the company's stock traded hands, compared to its average volume of 1,868,366. Northern Trust has a twelve month low of $80.81 and a twelve month high of $133.00. The company has a market cap of $25.30 billion, a PE ratio of 15.28, a PEG ratio of 1.91 and a beta of 1.26. The firm's fifty day moving average price is $117.19 and its 200 day moving average price is $107.07. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.72 and a quick ratio of 0.71.

Institutional Investors Weigh In On Northern Trust

Several large investors have recently added to or reduced their stakes in NTRS. Norges Bank acquired a new stake in Northern Trust in the 4th quarter valued at about $83,550,000. Bank of New York Mellon Corp grew its holdings in Northern Trust by 47.8% during the first quarter. Bank of New York Mellon Corp now owns 1,810,816 shares of the asset manager's stock valued at $178,637,000 after purchasing an additional 585,992 shares during the last quarter. Royal Bank of Canada boosted its position in shares of Northern Trust by 60.2% in the fourth quarter. Royal Bank of Canada now owns 1,497,484 shares of the asset manager's stock valued at $153,493,000 after acquiring an additional 562,976 shares during the period. Invesco Ltd. lifted its position in Northern Trust by 19.3% in the first quarter. Invesco Ltd. now owns 3,443,599 shares of the asset manager's stock worth $339,711,000 after purchasing an additional 558,287 shares during the period. Finally, Cerity Partners LLC lifted its position in Northern Trust by 451.9% in the fourth quarter. Cerity Partners LLC now owns 555,631 shares of the asset manager's stock worth $56,866,000 after purchasing an additional 454,956 shares during the period. 83.19% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Northern Trust

In other news, insider Teresa Parker sold 6,467 shares of the firm's stock in a transaction dated Friday, May 9th. The stock was sold at an average price of $100.62, for a total transaction of $650,709.54. Following the transaction, the insider directly owned 79,391 shares of the company's stock, valued at approximately $7,988,322.42. This trade represents a 7.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Clive Bellows sold 3,300 shares of the firm's stock in a transaction dated Thursday, May 8th. The stock was sold at an average price of $99.95, for a total transaction of $329,835.00. Following the completion of the sale, the executive vice president owned 28,736 shares of the company's stock, valued at $2,872,163.20. This trade represents a 10.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 9,772 shares of company stock worth $981,069. 0.77% of the stock is owned by insiders.

Northern Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 1st. Stockholders of record on Friday, September 5th will be given a dividend of $0.80 per share. The ex-dividend date of this dividend is Friday, September 5th. This is a boost from Northern Trust's previous quarterly dividend of $0.75. This represents a $3.20 annualized dividend and a dividend yield of 2.46%. Northern Trust's dividend payout ratio is 35.25%.

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.