Seaport Res Ptn Expects Higher Earnings for Northern Trust

Northern Trust Co. (NASDAQ:NTRS) – Research analysts at Seaport Res Ptn raised their Q1 2025 earnings per share estimates for shares of Northern Trust in a research report issued on Thursday, January 23rd. Seaport Res Ptn analyst J. Mitchell now expects that the asset manager will earn $1.87 per share for the quarter, up from their previous 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.

NTRS has been the topic of a number of other reports. Royal Bank of Canada raised their price objective on shares of Northern Trust from $107.00 to $115.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Bank of America upped their price objective on Northern Trust from $103.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, October 24th. The Goldman Sachs Group raised their target price on Northern Trust from $92.00 to $102.00 and gave the stock a “sell” rating in a report on Friday, January 24th. Keefe, Bruyette & Woods increased their target price on shares of Northern Trust from $113.00 to $122.00 and gave the stock a “market perform” rating in a report on Friday, January 24th. Finally, UBS Group boosted their price target on shares of Northern Trust from $110.00 to $114.00 and gave the company a “neutral” rating in a report on Monday. One analyst has rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $112.58.

Northern Trust Stock Up 0.8 %

Shares of NASDAQ NTRS opened at $112.41 on Monday. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.58. The firm has a market capitalization of $22.28 billion, a PE ratio of 13.98, a price-to-earnings-growth ratio of 1.22 and a beta of 1.08. The firm’s 50-day moving average is $105.94 and its 200-day moving average is $96.93. Northern Trust has a 1 year low of $76.67 and a 1 year high of $113.12.

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

Northern Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be given a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.67%. The ex-dividend date of this dividend is Friday, March 14th. Northern Trust’s dividend payout ratio is presently 37.31%.

Insider Buying and Selling

In related news, EVP Thomas A. South sold 5,000 shares of the business’s stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $105.80, for a total transaction of $529,000.00. Following the transaction, the executive vice president now directly owns 49,756 shares in the company, valued at approximately $5,264,184.80. The trade was a 9.13 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Peter Cherecwich sold 16,153 shares of the company’s stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $105.18, for a total transaction of $1,698,972.54. Following the sale, the chief operating officer now directly owns 4,397 shares in the company, valued at $462,476.46. This trade represents a 78.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 30,253 shares of company stock worth $3,238,073. 0.64% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Y.D. More Investments Ltd grew its holdings in Northern Trust by 118.4% during the fourth quarter. Y.D. More Investments Ltd now owns 249 shares of the asset manager’s stock worth $26,000 after purchasing an additional 135 shares during the period. Brooklyn Investment Group increased its holdings in shares of Northern Trust by 51.2% during the 4th quarter. Brooklyn Investment Group now owns 378 shares of the asset manager’s stock worth $39,000 after acquiring an additional 128 shares during the last quarter. Northwest Investment Counselors LLC acquired a new position in shares of Northern Trust during the 3rd quarter worth approximately $39,000. Capital Performance Advisors LLP bought a new stake in Northern Trust in the 3rd quarter valued at $48,000. Finally, Friedenthal Financial bought a new position in Northern Trust during the fourth quarter worth $57,000. 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.