B. Metzler seel. Sohn & Co. AG increased its holdings in Northern Trust Corporation (NASDAQ:NTRS – Free Report) by 150.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 49,421 shares of the asset manager’s stock after buying an additional 29,650 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in Northern Trust were worth $6,763,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors also recently made changes to their positions in NTRS. Jupiter Asset Management Ltd. acquired a new stake in shares of Northern Trust in the third quarter valued at approximately $64,863,000. AQR Capital Management LLC raised its position in shares of Northern Trust by 67.1% in the third quarter. AQR Capital Management LLC now owns 1,019,531 shares of the asset manager’s stock valued at $136,750,000 after buying an additional 409,434 shares in the last quarter. Barclays PLC raised its position in shares of Northern Trust by 62.4% in the third quarter. Barclays PLC now owns 1,042,084 shares of the asset manager’s stock valued at $140,265,000 after buying an additional 400,247 shares in the last quarter. Balyasny Asset Management L.P. acquired a new stake in shares of Northern Trust in the second quarter valued at approximately $42,698,000. Finally, Bank of America Corp DE raised its position in shares of Northern Trust by 35.3% in the third quarter. Bank of America Corp DE now owns 833,167 shares of the asset manager’s stock valued at $112,144,000 after buying an additional 217,305 shares in the last quarter. 83.19% of the stock is currently owned by institutional investors and hedge funds.
Northern Trust News Summary
Here are the key news stories impacting Northern Trust this week:
- Positive Sentiment: Zacks upgraded NTRS to a Zacks Rank #1 (Strong Buy), reflecting growing optimism on earnings momentum and positioning the stock as a buy idea for momentum investors. Northern Trust (NTRS) Upgraded to Strong Buy: Here’s Why
- Positive Sentiment: Northern Trust won a major client: Sacramento County Employees’ Retirement System selected NTRS for $15 billion in asset servicing — a meaningful new mandate that should add fee revenue and credibility in institutional servicing. Northern Trust Selected by $15 Billion Sacramento County Employees’ Retirement System for Asset Servicing
- Positive Sentiment: Analysts lifted forecasts and price targets after NTRS reported stronger‑than‑expected Q1 results (beat on EPS and revenue); several banks raised targets, supporting upside potential. These Analysts Increase Their Forecasts On Northern Trust After Strong Q1 Earnings
- Positive Sentiment: NTRS was added to Zacks’ list of momentum / new Strong Buy stocks, which can attract short‑term flows from retail and quant strategies. Best Momentum Stocks to Buy for April 23rd
- Positive Sentiment: Strong Q1 results pushed the stock to a new one‑year high and the company reiterated shareholder returns with a quarterly dividend — positives for income and growth investors. Northern Trust Sets New 1-Year High Following Strong Earnings
- Neutral Sentiment: Northern Trust expanded a collaboration with Saphyre to streamline account lifecycle processes — operationally constructive but likely a gradual revenue/efficiency benefit. Northern Trust and Saphyre Expand Collaboration
- Neutral Sentiment: At the annual meeting shareholders approved the board, pay and company plans — standard governance outcomes that remove uncertainty but don’t change fundamentals materially. Northern Trust shareholders back board, pay, and plans
- Negative Sentiment: Shares have pulled back from recent highs (recent intraday declines and a reported 2.3% drop on one session), indicating short‑term profit‑taking that can overwhelm positive fundamentals in the near term. Vertiv, Northern Trust And More On CNBC’s ‘Final Trades’
Analysts Set New Price Targets
Get Our Latest Stock Report on Northern Trust
Insider Activity
In other Northern Trust news, insider Clive Bellows sold 1,148 shares of the business’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $145.26, for a total transaction of $166,758.48. Following the sale, the insider owned 34,133 shares of the company’s stock, valued at approximately $4,958,159.58. The trade was a 3.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Robert Edward Jr. Moritz bought 245 shares of the firm’s stock in a transaction on Monday, February 2nd. The shares were bought at an average cost of $151.85 per share, for a total transaction of $37,203.25. Following the purchase, the director owned 6,931 shares of the company’s stock, valued at approximately $1,052,472.35. The trade was a 3.66% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders have sold 34,905 shares of company stock valued at $5,166,714. 0.66% of the stock is currently owned by insiders.
Northern Trust Stock Down 1.5%
Shares of NTRS opened at $165.39 on Friday. Northern Trust Corporation has a one year low of $90.05 and a one year high of $173.18. The company has a market cap of $30.65 billion, a P/E ratio of 17.32, a P/E/G ratio of 1.27 and a beta of 1.23. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.62 and a quick ratio of 0.69. The firm has a 50 day simple moving average of $145.29 and a two-hundred day simple moving average of $139.59.
Northern Trust (NASDAQ:NTRS – Get Free Report) last announced its quarterly earnings data on Tuesday, April 21st. The asset manager reported $2.71 EPS for the quarter, beating the consensus estimate of $2.37 by $0.34. Northern Trust had a net margin of 12.84% and a return on equity of 15.94%. The business had revenue of $2.21 billion during the quarter, compared to the consensus estimate of $2.13 billion. During the same period in the previous year, the business earned $1.90 earnings per share. The company’s revenue was up 13.8% on a year-over-year basis. Research analysts forecast that Northern Trust Corporation will post 10.58 EPS for the current fiscal year.
Northern Trust Announces Dividend
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 currently 33.51%.
Northern Trust 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.
Further Reading
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