Seaport Res Ptn Raises Earnings Estimates for Northern Trust

Northern Trust Co. (NASDAQ:NTRS) – Equities researchers at Seaport Res Ptn upped their Q1 2025 earnings per share estimates for shares of Northern Trust in a research note 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 prior forecast 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 research reports. Evercore ISI raised their price objective on Northern Trust from $86.00 to $103.00 and gave the stock an “in-line” rating in a research note on Thursday, October 24th. Deutsche Bank Aktiengesellschaft boosted their price target on Northern Trust from $100.00 to $108.00 and gave the company a “hold” rating in a research note on Monday, November 11th. Truist Financial raised their target price on shares of Northern Trust from $110.00 to $116.00 and gave the company a “hold” rating in a report on Friday, January 24th. Morgan Stanley cut their price target on shares of Northern Trust from $127.00 to $125.00 and set an “equal weight” rating for the company in a report on Friday, January 3rd. Finally, Bank of America boosted their price objective on shares of Northern Trust from $103.00 to $115.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $112.58.

Northern Trust Stock Up 0.8 %

Shares of 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. Northern Trust has a 12 month low of $76.67 and a 12 month high of $113.12. The firm’s 50 day moving average is $105.94 and its 200-day moving average is $96.93. The stock has a market capitalization of $22.28 billion, a PE ratio of 13.98, a P/E/G ratio of 1.22 and a beta of 1.08.

Northern Trust (NASDAQ:NTRS) last released its quarterly earnings results on Thursday, January 23rd. The asset manager reported $2.26 EPS for the quarter, beating 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 Investors Weigh In On Northern Trust

Several large investors have recently added to or reduced their stakes in the business. Allworth Financial LP boosted its holdings in shares of Northern Trust by 9.1% during the 3rd quarter. Allworth Financial LP now owns 1,170 shares of the asset manager’s stock worth $105,000 after buying an additional 98 shares in the last quarter. Juncture Wealth Strategies LLC boosted its stake in Northern Trust by 2.4% during the fourth quarter. Juncture Wealth Strategies LLC now owns 4,212 shares of the asset manager’s stock worth $432,000 after acquiring an additional 100 shares in the last quarter. Ballentine Partners LLC grew its holdings in Northern Trust by 4.4% in the fourth quarter. Ballentine Partners LLC now owns 2,483 shares of the asset manager’s stock worth $255,000 after purchasing an additional 105 shares during the period. Pallas Capital Advisors LLC increased its stake in Northern Trust by 1.8% in the fourth quarter. Pallas Capital Advisors LLC now owns 6,091 shares of the asset manager’s stock valued at $624,000 after purchasing an additional 107 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV grew its stake in shares of 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 period. Institutional investors and hedge funds own 83.19% of the company’s stock.

Insiders Place Their Bets

In other news, Vice Chairman Steven L. Fradkin sold 9,100 shares of the firm’s stock in a transaction dated 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 transaction, the insider now directly owns 47,797 shares in the company, valued at $5,305,467. This trade represents a 15.99 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Thomas A. South sold 5,000 shares of the company’s stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $105.80, for a total value of $529,000.00. Following the completion of the sale, 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. Insiders have sold 30,253 shares of company stock valued at $3,238,073 in the last ninety days. 0.64% of the stock is currently owned by insiders.

Northern Trust Announces Dividend

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

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.