Northern Trust (NASDAQ:NTRS) Given New $169.00 Price Target at The Goldman Sachs Group

Northern Trust (NASDAQ:NTRS) had its price objective upped by The Goldman Sachs Group from $151.00 to $169.00 in a research report report published on Wednesday,Benzinga reports. They currently have a neutral rating on the asset manager’s stock.

A number of other research firms have also recently weighed in on NTRS. BMO Capital Markets raised shares of Northern Trust from a “market perform” rating to an “outperform” rating and set a $168.00 target price on the stock in a research note on Monday, April 6th. Zacks Research cut shares of Northern Trust from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 10th. Weiss Ratings reissued a “buy (b-)” rating on shares of Northern Trust in a research note on Thursday, January 22nd. Evercore upped their target price on shares of Northern Trust from $142.00 to $155.00 and gave the company an “in-line” rating in a research note on Friday, January 23rd. Finally, Citigroup began coverage on shares of Northern Trust in a research note on Monday, February 23rd. They issued a “neutral” rating on the stock. Four investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Northern Trust currently has an average rating of “Hold” and an average target price of $163.55.

Northern Trust Stock Performance

NASDAQ NTRS opened at $167.83 on Wednesday. The stock has a market cap of $31.10 billion, a P/E ratio of 17.57, a PEG ratio of 1.33 and a beta of 1.23. The company’s 50-day simple moving average is $144.87 and its 200 day simple moving average is $139.41. Northern Trust has a twelve month low of $90.05 and a twelve month high of $173.18. The company has a quick ratio of 0.69, a current ratio of 0.62 and a debt-to-equity ratio of 0.51.

Northern Trust (NASDAQ:NTRS) last posted its earnings results on Tuesday, April 21st. The asset manager reported $2.71 earnings per share for the quarter, beating analysts’ consensus estimates of $2.37 by $0.34. The business had revenue of $2.21 billion for the quarter, compared to analysts’ expectations of $2.13 billion. Northern Trust had a net margin of 12.84% and a return on equity of 15.94%. The firm’s revenue for the quarter was up 13.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.90 earnings per share. As a group, research analysts forecast that Northern Trust will post 10.36 earnings per share for the current fiscal year.

Northern Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Friday, June 5th will be given a $0.80 dividend. The ex-dividend date is Friday, June 5th. This represents a $3.20 dividend on an annualized basis and a yield of 1.9%. Northern Trust’s payout ratio is 36.61%.

Insider Transactions at Northern Trust

In other Northern Trust news, COO Peter Cherecwich sold 25,000 shares of the business’s stock in a transaction dated Monday, January 26th. The shares were sold at an average price of $149.62, for a total value of $3,740,500.00. Following the transaction, the chief operating officer directly owned 26,259 shares in the company, valued at $3,928,871.58. The trade was a 48.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Clive Bellows sold 1,148 shares of the business’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $145.26, for a total transaction of $166,758.48. Following the completion of the transaction, the insider owned 34,133 shares in the company, valued at approximately $4,958,159.58. This trade represents a 3.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 34,905 shares of company stock valued at $5,166,714. 0.66% of the stock is owned by company insiders.

Hedge Funds Weigh In On Northern Trust

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. New Age Alpha Advisors LLC lifted its position in shares of Northern Trust by 4.9% during the third quarter. New Age Alpha Advisors LLC now owns 1,659 shares of the asset manager’s stock worth $223,000 after purchasing an additional 78 shares in the last quarter. Salomon & Ludwin LLC lifted its position in shares of Northern Trust by 13.1% during the third quarter. Salomon & Ludwin LLC now owns 682 shares of the asset manager’s stock worth $90,000 after purchasing an additional 79 shares in the last quarter. Compound Planning Inc. lifted its position in shares of Northern Trust by 5.1% during the third quarter. Compound Planning Inc. now owns 1,666 shares of the asset manager’s stock worth $224,000 after purchasing an additional 81 shares in the last quarter. Apollon Wealth Management LLC lifted its position in shares of Northern Trust by 1.9% during the fourth quarter. Apollon Wealth Management LLC now owns 4,379 shares of the asset manager’s stock worth $598,000 after purchasing an additional 81 shares in the last quarter. Finally, OLD National Bancorp IN lifted its position in shares of Northern Trust by 3.2% during the first quarter. OLD National Bancorp IN now owns 2,663 shares of the asset manager’s stock worth $372,000 after purchasing an additional 83 shares in the last quarter. 83.19% of the stock is currently owned by institutional investors and hedge funds.

Northern Trust News Roundup

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

• Positive Sentiment: Q1 beat and outlook: Northern Trust reported Q1 2026 EPS of $2.71 and revenue of ~$2.21B, topping estimates and showing double-digit revenue/AUC/AUM growth plus improved operating leverage and credit quality — the core reason for the post-earnings rally. Q1 Press Release
• Positive Sentiment: Analyst upgrades/price-target lifts: Multiple banks (Barclays, Wells Fargo, RBC, Truist, Goldman) raised price targets following the strong quarter — supportive for sentiment and likely helped push the stock higher earlier in the session. Analyst Reaction
• Positive Sentiment: Capital return / dividend: Management disclosed an aggressive capital-return posture in Q1 (sizeable buybacks + dividends) and declared a $0.80 quarterly dividend (ex-dividend June 5), reinforcing shareholder-friendly policy. Dividend & Capital Return
• Positive Sentiment: Shareholder meeting: Stockholders backed the board, executive pay and company plans at the April 21, 2026 annual meeting — removes governance uncertainty and supports continuity. Annual Meeting
• Neutral Sentiment: Business development: Expanded collaboration with Saphyre to streamline account lifecycle for outsourcing clients — incremental efficiency/tech benefit but not immediately material to top-line. Saphyre Partnership
• Neutral Sentiment: Docs and transcripts: Full earnings slide deck and call transcript are available for details on margin drivers, NII, and AUC — useful for modeling but not market-moving on their own. Slide Deck
• Negative Sentiment: Valuation concern: Some analysts/commentary flag that strong results already puts NTRS near a full valuation — this can cap further upside and explains profit-taking after the initial spike. Valuation Note

Northern Trust Company Profile

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.