Rep. Lisa C. McClain Buys Northern Trust Corporation (NASDAQ:NTRS) Shares

Key Points

• Representative Lisa C. McClain purchased shares of Northern Trust Corporation (NASDAQ:NTRS) between $1,001 and $15,000 on June 17th, as disclosed in a filing.
• Northern Trust recently announced a quarterly dividend increase to $0.80 per share, up from $0.75, with a dividend yield of 2.5%.
• The company reported earnings per share of $2.13 for the last quarter, exceeding analysts' expectations, but noted a 26.4% year-over-year decline in revenue.

Representative Lisa C. McClain (R-Michigan) recently bought shares of Northern Trust Corporation NASDAQ: NTRS. In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Northern Trust stock on June 17th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Northern Trust Price Performance

NTRS stock traded up $2.75 on Friday, reaching $130.06. The company had a trading volume of 1,014,855 shares, compared to its average volume of 1,065,403. Northern Trust Corporation has a 1 year low of $81.62 and a 1 year high of $133.00. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.72 and a current ratio of 0.72. The company's fifty day moving average is $125.33 and its 200 day moving average is $109.78. The company has a market cap of $24.87 billion, a P/E ratio of 15.28, a PEG ratio of 1.55 and a beta of 1.28.

Northern Trust (NASDAQ:NTRS - Get Free Report) last posted its earnings results on Wednesday, July 23rd. The asset manager reported $2.13 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $2 billion for the quarter, compared to analyst estimates of $1.96 billion. During the same quarter in the prior year, the company earned $4.34 EPS. Northern Trust's revenue was down 26.4% on a year-over-year basis. On average, research analysts forecast that Northern Trust Corporation will post 8.27 earnings per share for the current year.

Northern Trust Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 1st. Investors of record on Friday, September 5th will be paid a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Friday, September 5th. This is an increase from Northern Trust's previous quarterly dividend of $0.75. Northern Trust's dividend payout ratio is currently 35.25%.

Insider Transactions at Northern Trust

In related news, Director Robert Edward Jr. Moritz purchased 256 shares of the stock in a transaction that occurred on Wednesday, August 13th. The stock was purchased at an average cost of $126.34 per share, for a total transaction of $32,343.04. Following the acquisition, the director owned 2,525 shares in the company, valued at approximately $319,008.50. This trade represents a 11.28% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.77% of the company's stock.

Analyst Upgrades and Downgrades

NTRS has been the topic of several analyst reports. Barclays raised their price objective on Northern Trust from $128.00 to $136.00 and gave the stock an "equal weight" rating in a report on Thursday, July 24th. Wolfe Research raised Northern Trust from an "underperform" rating to a "peer perform" rating in a research report on Thursday, July 24th. Royal Bank Of Canada set a $123.00 target price on Northern Trust and gave the stock an "outperform" rating in a research report on Monday, June 30th. Keefe, Bruyette & Woods reaffirmed an "underperform" rating and issued a $118.00 target price (down from $120.00) on shares of Northern Trust in a research report on Thursday, July 24th. Finally, Wall Street Zen lowered Northern Trust from a "hold" rating to a "sell" rating in a research report on Saturday, August 16th. Two analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Reduce" and a consensus price target of $117.08.

Institutional Trading of Northern Trust

Several large investors have recently added to or reduced their stakes in the stock. Advisory Services Network LLC increased its holdings in Northern Trust by 25.7% in the 2nd quarter. Advisory Services Network LLC now owns 40,090 shares of the asset manager's stock valued at $5,212,000 after purchasing an additional 8,201 shares in the last quarter. Pitcairn Co. increased its holdings in Northern Trust by 6.4% in the 2nd quarter. Pitcairn Co. now owns 48,713 shares of the asset manager's stock valued at $6,176,000 after purchasing an additional 2,915 shares in the last quarter. Hudson Bay Capital Management LP acquired a new stake in Northern Trust in the 2nd quarter valued at $12,742,000. CYBER HORNET ETFs LLC acquired a new stake in Northern Trust in the 2nd quarter valued at $67,000. Finally, Evergreen Capital Management LLC increased its holdings in Northern Trust by 17.0% in the 2nd quarter. Evergreen Capital Management LLC now owns 6,807 shares of the asset manager's stock valued at $868,000 after purchasing an additional 989 shares in the last quarter. 83.19% of the stock is currently owned by institutional investors and hedge funds.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

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.