Northern Trust (NASDAQ:NTRS) COO Peter Cherecwich Sells 25,000 Shares of Stock

Northern Trust Corporation (NASDAQ:NTRS) COO Peter Cherecwich sold 25,000 shares of Northern Trust stock in a transaction on Monday, January 26th. The shares were sold at an average price of $149.62, for a total transaction of $3,740,500.00. Following the completion of the sale, the chief operating officer owned 26,259 shares in the company, valued at approximately $3,928,871.58. This trade represents a 48.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Northern Trust Trading Up 0.2%

Shares of NASDAQ:NTRS opened at $149.96 on Wednesday. The company has a market cap of $28.36 billion, a P/E ratio of 17.16, a PEG ratio of 1.22 and a beta of 1.27. The stock’s fifty day moving average price is $138.91 and its 200-day moving average price is $132.23. Northern Trust Corporation has a 1 year low of $81.62 and a 1 year high of $157.60. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.69 and a quick ratio of 0.70.

Northern Trust (NASDAQ:NTRS) last issued its quarterly earnings data on Friday, January 30th. The asset manager reported $2.42 earnings per share for the quarter, topping the consensus estimate of $2.37 by $0.05. Northern Trust had a net margin of 12.15% and a return on equity of 14.87%. The firm had revenue of $3.15 billion for the quarter. During the same quarter last year, the company earned $2.26 EPS. Northern Trust’s revenue for the quarter was up 8.4% on a year-over-year basis. Sell-side analysts expect that Northern Trust Corporation will post 8.27 earnings per share for the current year.

Northern Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Friday, March 6th will be paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Friday, March 6th. Northern Trust’s payout ratio is presently 36.61%.

Key Stories Impacting Northern Trust

Here are the key news stories impacting Northern Trust this week:

• Positive Sentiment: Zacks upgraded NTRS to a Rank #1 (Strong Buy), signaling improved near‑term earnings optimism that can attract buyers. Zacks Upgrade
• Positive Sentiment: TD Cowen raised its price target to $175 and maintained a Buy rating, representing meaningful upside versus recent levels and supporting further analyst‑driven buying. TD Cowen Price Target Raise
• Positive Sentiment: Zacks included NTRS on its list of Best Momentum Stocks (Rank #1), and commentary noted a recent one‑week gain — items that can amplify short‑term inflows from momentum and quant funds. Zacks Momentum List
• Positive Sentiment: Multiple outlets reported recent analyst price‑target raises (examples include targets of $155, $150 and $159), indicating bullish analyst sentiment across several firms. Price Target Raises
• Neutral Sentiment: Northern Trust confirmed senior leaders will present at the BofA Securities 2026 Financial Services Conference on Feb. 10 — a visibility event that can provide updates but is routine. BofA Conference Participation
• Neutral Sentiment: A Yahoo Finance feature asked whether it’s “too late” to buy NTRS after a multi‑year run — useful for investor sentiment but not material corporate news. Yahoo Finance Feature
• Negative Sentiment: Insider selling: COO Peter Cherecwich sold 25,000 shares at about $149.62 (~$3.74M), reducing his holding by ~48.8% — a sizable disclosed sale that can raise short‑term concern among investors. SEC Filing — Form 4

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on NTRS shares. BMO Capital Markets started coverage on Northern Trust in a report on Friday, October 3rd. They issued a “market perform” rating and a $142.00 price target on the stock. Evercore ISI increased their target price on Northern Trust from $142.00 to $155.00 and gave the stock an “in-line” rating in a research note on Friday, January 23rd. Zacks Research upgraded Northern Trust from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 23rd. Weiss Ratings restated a “buy (b-)” rating on shares of Northern Trust in a report on Thursday, January 22nd. Finally, Morgan Stanley lifted their price objective on shares of Northern Trust from $131.00 to $140.00 and gave the company an “underweight” rating in a report on Friday, January 23rd. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $145.67.

Institutional Trading of Northern Trust

Several hedge funds have recently modified their holdings of NTRS. FNY Investment Advisers LLC bought a new position in shares of Northern Trust during the 2nd quarter worth approximately $25,000. Triumph Capital Management acquired a new stake in Northern Trust in the third quarter valued at approximately $25,000. Hantz Financial Services Inc. grew its holdings in Northern Trust by 5,225.0% in the second quarter. Hantz Financial Services Inc. now owns 213 shares of the asset manager’s stock worth $27,000 after purchasing an additional 209 shares during the last quarter. AlphaCore Capital LLC increased its position in shares of Northern Trust by 87.4% during the second quarter. AlphaCore Capital LLC now owns 208 shares of the asset manager’s stock worth $27,000 after purchasing an additional 97 shares in the last quarter. Finally, Board of the Pension Protection Fund purchased a new stake in shares of Northern Trust during the 4th quarter valued at $27,000. 83.19% of the stock is owned by hedge funds and other institutional investors.

About Northern Trust

Northern Trust Corporation (NASDAQ: NTRS) is a global financial services firm headquartered in Chicago that provides asset servicing, asset management and wealth management solutions to institutions, corporations and high-net-worth individuals. The company’s core businesses include custody and fund administration, investment operations outsourcing, trust and fiduciary services, private banking, and retirement and defined contribution plan services.

Northern Trust’s product and service offerings span custody and fund accounting, portfolio and performance analytics, securities lending, cash management and foreign exchange, as well as discretionary and non-discretionary investment management.