Q1 EPS Estimates for Northern Trust Raised by Analyst

Northern Trust Co. (NASDAQ:NTRS) – Investment analysts at Seaport Res Ptn lifted their Q1 2025 earnings per share estimates for shares of Northern Trust in a note issued to investors on Thursday, April 3rd. Seaport Res Ptn analyst J. Mitchell now anticipates that the asset manager will post earnings of $1.93 per share for the quarter, up from their prior estimate of $1.87. 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 Q1 2025 earnings at $1.93 EPS, Q4 2026 earnings at $2.39 EPS and Q4 2026 earnings at $2.39 EPS.

Northern Trust (NASDAQ:NTRS) last issued its earnings results on Thursday, January 23rd. The asset manager reported $2.26 EPS for the quarter, beating analysts’ consensus estimates of $1.96 by $0.30. Northern Trust had a return on equity of 13.74% and a net margin of 12.77%.

Several other equities research analysts have also commented on the stock. The Goldman Sachs Group upped their price target on shares of Northern Trust from $92.00 to $102.00 and gave the company a “sell” rating in a report on Friday, January 24th. StockNews.com lowered Northern Trust from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. Wells Fargo & Company reduced their price target on Northern Trust from $119.00 to $118.00 and set an “equal weight” rating for the company in a research report on Friday, March 28th. Morgan Stanley dropped their price objective on shares of Northern Trust from $136.00 to $132.00 and set an “equal weight” rating on the stock in a research note on Wednesday. Finally, Evercore ISI decreased their target price on shares of Northern Trust from $113.00 to $104.00 and set an “in-line” rating for the company in a research note on Tuesday, April 1st. One research analyst has rated the stock with a sell rating, ten have given a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $112.31.

Northern Trust Stock Down 5.0 %

NTRS stock opened at $86.01 on Friday. The company has a market capitalization of $16.83 billion, a P/E ratio of 8.79, a price-to-earnings-growth ratio of 1.72 and a beta of 1.10. Northern Trust has a 12 month low of $79.32 and a 12 month high of $114.67. The firm’s fifty day simple moving average is $105.63 and its 200-day simple moving average is $103.08. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.68 and a quick ratio of 0.71.

Northern Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Friday, March 14th were given a dividend of $0.75 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $3.00 dividend on an annualized basis and a yield of 3.49%. Northern Trust’s payout ratio is presently 30.67%.

Insider Activity at Northern Trust

In other news, COO Peter Cherecwich sold 26,132 shares of the business’s stock in a transaction dated Wednesday, January 29th. The shares were sold at an average price of $112.36, for a total transaction of $2,936,191.52. Following the transaction, the chief operating officer now owns 26,586 shares of the company’s stock, valued at approximately $2,987,202.96. The trade was a 49.57 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider John Landers sold 900 shares of the company’s stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $111.44, for a total transaction of $100,296.00. Following the completion of the sale, the insider now directly owns 7,640 shares of the company’s stock, valued at $851,401.60. This represents a 10.54 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 35,335 shares of company stock valued at $3,970,211. Corporate insiders own 0.77% of the company’s stock.

Hedge Funds Weigh In On Northern Trust

Several institutional investors and hedge funds have recently bought and sold shares of the company. Rockefeller Capital Management L.P. lifted its holdings in Northern Trust by 5.5% in the third quarter. Rockefeller Capital Management L.P. now owns 26,830 shares of the asset manager’s stock valued at $2,416,000 after acquiring an additional 1,405 shares during the last quarter. Verition Fund Management LLC raised its position in Northern Trust by 327.1% in the third quarter. Verition Fund Management LLC now owns 28,510 shares of the asset manager’s stock valued at $2,567,000 after purchasing an additional 21,835 shares during the period. Paloma Partners Management Co lifted its stake in shares of Northern Trust by 79.3% in the 3rd quarter. Paloma Partners Management Co now owns 4,700 shares of the asset manager’s stock valued at $423,000 after purchasing an additional 2,079 shares during the last quarter. HighTower Advisors LLC grew its holdings in shares of Northern Trust by 48.8% during the 3rd quarter. HighTower Advisors LLC now owns 26,774 shares of the asset manager’s stock worth $2,431,000 after purchasing an additional 8,781 shares during the period. Finally, Hotchkis & Wiley Capital Management LLC increased its position in shares of Northern Trust by 1.5% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 38,755 shares of the asset manager’s stock worth $3,489,000 after purchasing an additional 590 shares during the last quarter. 83.19% of the stock is currently owned by institutional investors and hedge funds.

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.