Northern Trust (NASDAQ:NTRS) Given New $175.00 Price Target at TD Cowen

Northern Trust (NASDAQ:NTRS) had its price target hoisted by TD Cowen from $165.00 to $175.00 in a report published on Monday morning,Benzinga reports. The firm currently has a buy rating on the asset manager’s stock.

A number of other research firms also recently issued reports on NTRS. Truist Financial set a $148.00 price objective on Northern Trust in a report on Wednesday, January 7th. Evercore ISI upped their price target on Northern Trust from $142.00 to $155.00 and gave the stock an “in-line” rating in a research report on Friday. Weiss Ratings reiterated a “buy (b-)” rating on shares of Northern Trust in a report on Thursday. Barclays boosted their price objective on shares of Northern Trust from $136.00 to $160.00 and gave the stock an “equal weight” rating in a research report on Monday, January 5th. Finally, The Goldman Sachs Group restated a “sell” rating and set a $130.00 target price on shares of Northern Trust in a report on Tuesday, January 6th. Four analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $145.67.

Northern Trust Trading Up 0.7%

Shares of NASDAQ:NTRS opened at $149.65 on Monday. The firm has a market cap of $28.30 billion, a price-to-earnings ratio of 17.12, a PEG ratio of 1.21 and a beta of 1.27. Northern Trust has a 12 month low of $81.62 and a 12 month high of $157.60. The company’s fifty day simple moving average is $138.41 and its 200 day simple moving average is $132.07. The company has a quick ratio of 0.70, a current ratio of 0.69 and a debt-to-equity ratio of 0.57.

Northern Trust (NASDAQ:NTRS) last announced its earnings results on Friday, January 30th. The asset manager reported $2.42 earnings per share for the quarter, topping analysts’ consensus estimates 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 during the quarter. During the same period in the previous year, the company posted $2.26 earnings per share. Northern Trust’s revenue for the quarter was up 8.4% on a year-over-year basis. As a group, research analysts forecast that Northern Trust will post 8.27 EPS for the current fiscal year.

Northern Trust Announces Dividend

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

Insider Activity

In other news, EVP Susan Cohen Levy sold 27,591 shares of the company’s stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $128.13, for a total value of $3,535,234.83. Following the sale, the executive vice president directly owned 48,257 shares of the company’s stock, valued at approximately $6,183,169.41. This represents a 36.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Robert Edward Jr. Moritz purchased 3,891 shares of the stock in a transaction on Tuesday, November 4th. The shares were acquired at an average cost of $128.57 per share, for a total transaction of $500,265.87. Following the transaction, the director owned 6,686 shares of the company’s stock, valued at approximately $859,619.02. The trade was a 139.21% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.77% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Cullen Frost Bankers Inc. lifted its position in Northern Trust by 84.8% during the second quarter. Cullen Frost Bankers Inc. now owns 1,567 shares of the asset manager’s stock worth $199,000 after acquiring an additional 719 shares during the last quarter. First Pacific Financial acquired a new position in shares of Northern Trust in the second quarter valued at approximately $3,118,000. Aviva PLC increased its stake in shares of Northern Trust by 8.4% during the second quarter. Aviva PLC now owns 149,911 shares of the asset manager’s stock worth $19,007,000 after purchasing an additional 11,587 shares during the period. SG Americas Securities LLC lifted its holdings in Northern Trust by 228.0% during the 3rd quarter. SG Americas Securities LLC now owns 75,829 shares of the asset manager’s stock worth $10,207,000 after purchasing an additional 52,711 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in Northern Trust by 5.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,907,408 shares of the asset manager’s stock valued at $241,840,000 after purchasing an additional 96,592 shares during the period. 83.19% of the stock is owned by institutional investors and hedge funds.

More Northern Trust News

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

• Positive Sentiment: Northern Trust executives will present at the BofA Securities Financial Services Conference on Feb. 10, giving management a public forum to highlight strategy, flows and guidance — increased visibility often supports share-price strength. Northern Trust Leaders to Participate in BofA Securities 2026 Financial Services Conference on February 10
• Positive Sentiment: Zacks upgraded NTRS to a Rank #1 (Strong Buy), signaling improved earnings outlook and likely drawing short-term buying interest from momentum and quant funds that follow the Zacks rank. Northern Trust (NTRS) Upgraded to Strong Buy: Here’s Why
• Positive Sentiment: TD Cowen raised its price target to $175 and keeps a Buy rating, representing sizable upside vs. current levels and reinforcing analyst-driven momentum. TD Cowen price-target update
• Positive Sentiment: Several outlets reported fresh price-target increases (examples in the $140–$159 range), adding to the narrative of rising analyst confidence. Northern Trust (NASDAQ:NTRS) Price Target Raised to $159.00
• Neutral Sentiment: NTRS was added to Zacks’ list of top momentum stocks for Jan. 26, which can attract technical traders but doesn’t change fundamentals. Best Momentum Stocks to Buy for January 26th
• Negative Sentiment: A commentary piece questions whether NTRS’s multi-year run leaves limited upside for new buyers, a narrative that could temper some momentum flows or encourage profit-taking among cautious investors. Is It Too Late To Consider Northern Trust (NTRS) After Its Strong Five Year Run?

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.