Seaport Res Ptn Forecasts Higher Earnings for Northern Trust

Northern Trust Co. (NASDAQ:NTRS) – Research analysts at Seaport Res Ptn boosted their Q1 2025 earnings per share estimates for Northern Trust in a report issued on Thursday, January 23rd. Seaport Res Ptn analyst J. Mitchell now anticipates that the asset manager will post earnings per share of $1.87 for the quarter, up from their prior estimate of $1.75. The consensus estimate for Northern Trust’s current full-year earnings is $7.56 per share. Seaport Res Ptn also issued estimates for Northern Trust’s Q2 2025 earnings at $2.07 EPS, Q3 2025 earnings at $2.05 EPS, Q4 2025 earnings at $2.15 EPS, FY2025 earnings at $8.15 EPS, Q1 2026 earnings at $1.99 EPS, Q2 2026 earnings at $2.28 EPS, Q3 2026 earnings at $2.29 EPS, Q4 2026 earnings at $2.40 EPS and FY2026 earnings at $8.95 EPS.

A number of other brokerages have also commented on NTRS. Deutsche Bank Aktiengesellschaft upped their price objective on Northern Trust from $100.00 to $108.00 and gave the company a “hold” rating in a report on Monday, November 11th. Morgan Stanley dropped their price objective on shares of Northern Trust from $127.00 to $125.00 and set an “equal weight” rating for the company in a research note on Friday, January 3rd. UBS Group raised their target price on shares of Northern Trust from $110.00 to $114.00 and gave the stock a “neutral” rating in a report on Monday. Royal Bank of Canada increased their price target on Northern Trust from $107.00 to $115.00 and gave the stock an “outperform” rating in a research report on Friday. Finally, Keefe, Bruyette & Woods lifted their price objective on Northern Trust from $113.00 to $122.00 and gave the company a “market perform” rating in a report on Friday. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, Northern Trust currently has an average rating of “Hold” and a consensus target price of $112.58.

Northern Trust Trading Up 0.5 %

Shares of NASDAQ:NTRS opened at $111.48 on Monday. Northern Trust has a 12-month low of $76.67 and a 12-month high of $111.87. The business has a 50 day moving average of $105.89 and a 200-day moving average of $96.76. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.58. The stock has a market cap of $22.10 billion, a PE ratio of 13.87, a P/E/G ratio of 1.22 and a beta of 1.08.

Northern Trust (NASDAQ:NTRS) last announced its earnings results on Thursday, January 23rd. The asset manager reported $2.26 EPS for the quarter, topping the consensus estimate of $1.96 by $0.30. Northern Trust had a net margin of 10.92% and a return on equity of 12.75%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of NTRS. Allworth Financial LP lifted its position in Northern Trust by 9.1% in the 3rd quarter. Allworth Financial LP now owns 1,170 shares of the asset manager’s stock valued at $105,000 after acquiring an additional 98 shares in the last quarter. Juncture Wealth Strategies LLC raised its holdings in shares of Northern Trust by 2.4% in the fourth quarter. Juncture Wealth Strategies LLC now owns 4,212 shares of the asset manager’s stock valued at $432,000 after purchasing an additional 100 shares during the last quarter. Ballentine Partners LLC lifted its position in shares of Northern Trust by 4.4% during the fourth quarter. Ballentine Partners LLC now owns 2,483 shares of the asset manager’s stock valued at $255,000 after purchasing an additional 105 shares in the last quarter. Pallas Capital Advisors LLC grew its position in Northern Trust by 1.8% in the 4th quarter. Pallas Capital Advisors LLC now owns 6,091 shares of the asset manager’s stock worth $624,000 after purchasing an additional 107 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV increased its stake in Northern Trust by 14.5% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 922 shares of the asset manager’s stock valued at $83,000 after buying an additional 117 shares during the last quarter. 83.19% of the stock is owned by institutional investors.

Insider Buying and Selling at Northern Trust

In related news, Vice Chairman Steven L. Fradkin sold 9,100 shares of the firm’s stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $111.00, for a total transaction of $1,010,100.00. Following the completion of the sale, the insider now owns 47,797 shares of the company’s stock, valued at $5,305,467. This trade represents a 15.99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Thomas A. South sold 5,000 shares of the stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $105.80, for a total value of $529,000.00. Following the transaction, the executive vice president now owns 49,756 shares in the company, valued at $5,264,184.80. The trade was a 9.13 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 30,253 shares of company stock worth $3,238,073. Insiders own 0.64% of the company’s stock.

Northern Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be issued a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a yield of 2.69%. The ex-dividend date is Friday, March 14th. Northern Trust’s payout ratio is presently 37.31%.

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.