Seaport Res Ptn Forecasts Higher Earnings for Northern Trust

Northern Trust Corporation (NASDAQ:NTRS) – Analysts at Seaport Res Ptn upped their FY2025 EPS estimates for Northern Trust in a research note issued on Wednesday, October 22nd. Seaport Res Ptn analyst J. Mitchell now expects that the asset manager will post earnings of $8.73 per share for the year, up from their previous estimate of $8.70. 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 Q4 2025 earnings at $2.42 EPS, Q3 2027 earnings at $2.67 EPS and FY2027 earnings at $10.55 EPS.

A number of other equities analysts have also weighed in on NTRS. BMO Capital Markets assumed coverage on shares of Northern Trust in a research report on Friday, October 3rd. They issued a “market perform” rating and a $142.00 price target for the company. Truist Financial dropped their price target on shares of Northern Trust from $142.00 to $139.00 and set a “hold” rating for the company in a research report on Thursday. Evercore ISI upped their price target on shares of Northern Trust from $125.00 to $135.00 and gave the stock an “in-line” rating in a research report on Tuesday, September 30th. TD Cowen upped their price target on shares of Northern Trust from $152.00 to $155.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Barclays upped their price target on shares of Northern Trust from $128.00 to $136.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 24th. Five research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, Northern Trust has a consensus rating of “Hold” and a consensus price target of $130.71.

Northern Trust Stock Performance

Shares of NASDAQ NTRS opened at $126.03 on Friday. The firm has a market capitalization of $24.10 billion, a price-to-earnings ratio of 14.69, a price-to-earnings-growth ratio of 1.39 and a beta of 1.31. Northern Trust has a 12-month low of $81.62 and a 12-month high of $135.48. The firm has a 50 day moving average of $129.59 and a 200 day moving average of $117.88. The company has a current ratio of 0.70, a quick ratio of 0.72 and a debt-to-equity ratio of 0.58.

Northern Trust (NASDAQ:NTRS) last announced its earnings results on Wednesday, October 22nd. The asset manager reported $2.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.26 by $0.03. The company had revenue of $2.03 billion during the quarter, compared to analyst estimates of $2.02 billion. Northern Trust had a net margin of 11.99% and a return on equity of 14.37%. The firm’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same period in the previous year, the business posted $2.22 earnings per share.

Northern Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 1st. Investors of record on Friday, December 5th will be paid a dividend of $0.80 per share. The ex-dividend date of this dividend is Friday, December 5th. This represents a $3.20 dividend on an annualized basis and a yield of 2.5%. Northern Trust’s dividend payout ratio is presently 37.60%.

Insider Transactions at Northern Trust

In other Northern Trust news, Director Robert Edward Jr. Moritz purchased 256 shares of the firm’s stock in a transaction that occurred on Wednesday, August 13th. The shares were bought at an average price of $126.34 per share, with a total value of $32,343.04. Following the completion of the purchase, the director directly owned 2,525 shares in the company, valued at $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 SEC, which is available through the SEC website. 0.77% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Northern Trust

Hedge funds and other institutional investors have recently made changes to their positions in the company. Bank of New York Mellon Corp raised its stake in shares of Northern Trust by 47.8% in the first quarter. Bank of New York Mellon Corp now owns 1,810,816 shares of the asset manager’s stock valued at $178,637,000 after acquiring an additional 585,992 shares during the period. Massachusetts Financial Services Co. MA raised its stake in shares of Northern Trust by 4.9% in the first quarter. Massachusetts Financial Services Co. MA now owns 7,850,088 shares of the asset manager’s stock valued at $774,411,000 after acquiring an additional 363,472 shares during the period. Asset Management One Co. Ltd. raised its stake in shares of Northern Trust by 8.4% in the first quarter. Asset Management One Co. Ltd. now owns 84,974 shares of the asset manager’s stock valued at $8,383,000 after acquiring an additional 6,570 shares during the period. Allianz Asset Management GmbH raised its stake in shares of Northern Trust by 529.4% in the first quarter. Allianz Asset Management GmbH now owns 461,383 shares of the asset manager’s stock valued at $45,515,000 after acquiring an additional 388,081 shares during the period. Finally, Kathmere Capital Management LLC raised its stake in shares of Northern Trust by 96.7% in the first quarter. Kathmere Capital Management LLC now owns 5,239 shares of the asset manager’s stock valued at $517,000 after acquiring an additional 2,575 shares during the period. Hedge funds and other institutional investors own 83.19% of the company’s stock.

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.