Northern Trust (NASDAQ:NTRS) Price Target Raised to $176.00 at Barclays

Northern Trust (NASDAQ:NTRS) had its target price raised by Barclays from $160.00 to $176.00 in a research note issued to investors on Wednesday,Benzinga reports. They currently have an equal weight rating on the asset manager’s stock.

Several other research analysts have also issued reports on NTRS. Weiss Ratings restated a “buy (b-)” rating on shares of Northern Trust in a research report on Thursday, January 22nd. Truist Financial lifted their price target on shares of Northern Trust from $155.00 to $176.00 and gave the stock a “hold” rating in a research report on Wednesday. The Goldman Sachs Group upgraded shares of Northern Trust from a “sell” rating to a “neutral” rating and lifted their price target for the stock from $148.00 to $151.00 in a research report on Monday, April 6th. Wall Street Zen upgraded shares of Northern Trust from a “sell” rating to a “hold” rating in a research report on Saturday, December 27th. Finally, Zacks Research lowered shares of Northern Trust from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 10th. Four research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $163.55.

Northern Trust Price Performance

Shares of NASDAQ:NTRS opened at $167.83 on Wednesday. Northern Trust has a 12 month low of $90.05 and a 12 month high of $173.18. The stock has a market cap of $31.10 billion, a price-to-earnings ratio of 17.57, a PEG ratio of 1.33 and a beta of 1.23. The stock’s 50 day moving average price is $144.87 and its 200 day moving average price is $139.41. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.62 and a quick ratio of 0.69.

Northern Trust (NASDAQ:NTRS) last announced its earnings results on Tuesday, April 21st. The asset manager reported $2.71 EPS for the quarter, topping the consensus estimate of $2.37 by $0.34. Northern Trust had a return on equity of 15.94% and a net margin of 12.84%.The firm had revenue of $2.21 billion for the quarter, compared to analysts’ expectations of $2.13 billion. During the same quarter in the previous year, the company earned $1.90 earnings per share. The firm’s quarterly revenue was up 13.8% compared to the same quarter last year. Equities research analysts anticipate that Northern Trust will post 10.36 earnings per share for the current fiscal year.

Northern Trust Dividend Announcement

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

Insider Activity

In other Northern Trust news, COO Peter Cherecwich sold 25,000 shares of Northern Trust stock in a transaction that occurred 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 transaction, the chief operating officer directly owned 26,259 shares in the company, valued at approximately $3,928,871.58. The trade was a 48.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Richard Petrino acquired 1,000 shares of the stock in a transaction on Thursday, February 5th. The shares were purchased at an average price of $148.91 per share, for a total transaction of $148,910.00. Following the completion of the transaction, the director owned 3,332 shares in the company, valued at approximately $496,168.12. This represents a 42.88% increase in their position. The SEC filing for this purchase provides additional information. In the last 90 days, insiders sold 34,905 shares of company stock worth $5,166,714. 0.66% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Northern Trust

Several institutional investors and hedge funds have recently added to or reduced their stakes in NTRS. Triumph Capital Management purchased a new position in Northern Trust during the 3rd quarter worth approximately $25,000. Reflection Asset Management acquired a new stake in shares of Northern Trust during the 4th quarter valued at $25,000. Board of the Pension Protection Fund acquired a new stake in shares of Northern Trust during the 4th quarter valued at $27,000. Elyxium Wealth LLC acquired a new stake in shares of Northern Trust during the 4th quarter valued at $34,000. Finally, International Assets Investment Management LLC acquired a new stake in shares of Northern Trust during the 4th quarter valued at $35,000. 83.19% of the stock is currently owned by hedge funds and other institutional investors.

Key Northern Trust News

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

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.