Northern Trust
NTRS

$86.66

3.35%

Market Cap: $17.5B

About: Northern Trust is a leading provider of wealth management, asset servicing, asset management, and banking to corporations, institutions, affluent families, and individuals. Founded in Chicago in 1889, Northern Trust has offices in 20 states and Washington, D.C. as well as 23 locations in Canada, Europe, the Middle East, and Asia-Pacific. As of Dec. 31, 2023, Northern Trust had assets under custody or administration of $15.4 trillion and assets under management of $1.4 trillion.

Employees: 23,100

Financials State Commercial Banks

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 5 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

67% more funds holding in top 10

Funds holding in top 10: 3 [Q1] → 5 (+2) [Q2]

20% more call options, than puts

Call options by funds: $61.7M | Put options by funds: $51.5M

16% more first-time investments, than exits

New positions opened: 74 | Existing positions closed: 64

1% more funds holding

Funds holding: 667 [Q1] → 677 (+10) [Q2]

9% less repeat investments, than reductions

Existing positions increased: 228 | Existing positions reduced: 251

1.05% less ownership

Funds ownership: 82.47% [Q1] → 81.42% (-1.05%) [Q2]

6% less capital invested

Capital invested by funds: $15B [Q1] → $14B (-$959M) [Q2]

See Fund Rankings

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$84

3%

downside

Avg. target

$87

1%

upside

High target

$93

7%

upside

5 analyst ratings

1 positive

20%

3 neutral

60%

1 negative

20%

Deutsche Bank Brian Bedell 53% 1-year accuracy 16 / 30 met price target	3%downside $84	Hold Maintained	15 Aug 2024
Morgan Stanley Betsy Graseck 51% 1-year accuracy 27 / 53 met price target	7%upside $93	Underweight Maintained	30 Jul 2024
RBC Capital Gerard Cassidy 93% 1-year accuracy 38 / 41 met price target	4%upside $90	Outperform Maintained	18 Jul 2024
Goldman Sachs Alexander Blostein 75% 1-year accuracy 15 / 20 met price target	3%downside $84	Neutral Maintained	2 Jul 2024
Keefe, Bruyette & Woods David Konrad 70% 1-year accuracy 14 / 20 met price target	2%downside $85	Market Perform Maintained	27 Jun 2024

See Analyst Rankings

Financial journalist opinion

Based on 3 articles about NTRS published over the past 30 days

Northern Trust Chief Financial Officer Jason Tyler to Participate in Barclays Global Financial Services Conference

CHICAGO--(BUSINESS WIRE)--Northern Trust Corporation announced today that Chief Financial Officer Jason Tyler will participate in the Barclays Global Financial Services Conference in New York City on Tuesday, September 10, 2024, at 3:30 p.m. (ET). A live webcast of the event may be accessed via Northern Trust's website (www.northerntrust.com) in the investor relations section. A replay will be available for approximately four weeks after the session date. About Northern Trust Northern Trust Cor.

Northern Trust Chief Financial Officer Jason Tyler to Participate in Barclays Global Financial Services Conference

Nedgroup Selects Northern Trust for Outsourced Trading Solutions to Support New Fixed Income Platform

LONDON--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) today announced that it has been selected to provide outsourced trading via its Integrated Trading Solutions (ITS) for Nedgroup Investments, a global asset management firm with more than US$20 billion AUM. Nedgroup Investments, a division of Nedbank Group Ltd, is an investment-led business dedicated to finding exceptional fund managers and providing the right conditions for them to perform. Northern Trust will be supporting Nedgroup Investm.

Nedgroup Selects Northern Trust for Outsourced Trading Solutions to Support New Fixed Income Platform

Northern Trust Partners with Greenlight to Help Families Achieve Greater Financial Literacy

CHICAGO--(BUSINESS WIRE)--Northern Trust is partnering with Greenlight® Financial Technology, Inc. (“Greenlight”) to better serve families and help the next generation build healthy financial futures. Northern Trust clients now have complimentary access to Greenlight's award-winning family finance app and debit card, available through the Greenlight for Banks program. Research conducted by the Northern Trust Institute found that 79 percent of high-net-worth families have provided their children.

Northern Trust Partners with Greenlight to Help Families Achieve Greater Financial Literacy

Northern Trust Universe Data: Market Momentum Stalls as Inflation Concerns Persist in Q2

CHICAGO--(BUSINESS WIRE)-- #assetmanagement--The median return for large U.S. institutional asset owners in the Northern Trust Universe was 1.1% for the quarter ending June 30, 2024.

Northern Trust Universe Data: Market Momentum Stalls as Inflation Concerns Persist in Q2

Northern Trust Asset Management Strengthens Investment Stewardship Capabilities

CHICAGO & LONDON--(BUSINESS WIRE)--Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.2 trillion in assets under management as of June 30, 2024, announced actions to further strengthen its investment stewardship capabilities: appointing Paul Clark as Global Head of Stewardship, and unveiling the phased rollout of proxy voting choice. “We believe effective investment stewardship helps protect and enhance the assets our clients have entrusted us to manage.

Northern Trust Asset Management Strengthens Investment Stewardship Capabilities

Zacks Investment Research

Northern Trust (NTRS) Rides on Organic Growth Amid High Costs

Increasing non-interest income, NII and growth in loan balances are likely to aid Northern Trust's (NTRS) revenues. However, high costs and the current volatility of markets remain a concern.

Northern Trust (NTRS) Rides on Organic Growth Amid High Costs

True Potential Selects Northern Trust for Outsourced Trading Solutions

LONDON--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) today announced that it has been selected to provide outsourced trading via its Integrated Trading Solutions (ITS) for True Potential, a United Kingdom (UK)-headquartered wealth management firm, supporting £31.7bn (approx. US$40.2bn) of assets under management (source: True Potential, 31 July 2024). Northern Trust will assume the trading function across True Potential's internally managed funds with approximately £6.1bn AUM as of 31 July 20.

True Potential Selects Northern Trust for Outsourced Trading Solutions

Investors Business Daily

7 Stocks' Revenue Totally Smashes All Expectations

It may be earnings season for the S&P 500 — but revenue is on top of many investors' minds.

7 Stocks' Revenue Totally Smashes All Expectations

Northern Trust Pension Universe Data: Canadian Pension Plan Returns Advanced in Q2 as Global Equities Gained Momentum

TORONTO--(BUSINESS WIRE)--Canadian pension plans witnessed a positive finish to the second quarter, according to the Northern Trust Canada Universe. The median Canadian Pension Plan returned 1.1 percent for the quarter and 3.5 percent year-to-date. The second quarter marked a pivotal shift in monetary policy to a less restrictive tone in some developed regions, led by the Bank of Canada (BoC) and followed by the European Central Bank (ECB). As these two monetary authorities gained confidence in.

Northern Trust Pension Universe Data: Canadian Pension Plan Returns Advanced in Q2 as Global Equities Gained Momentum

Northern Trust Asset Management Names Head of Product Strategy

CHICAGO--(BUSINESS WIRE)--Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.2 trillion in assets under management as of June 30, 2024, announced today that Xiangrong (Sharon) Jin, Ph.D has joined as Head of Product Strategy. Jin will lead NTAM's global product strategy organization with a focus on driving innovation, achieving scalable growth, and designing client-centric solutions. In this role, she will lead product strategy across all asset classes,.

Northern Trust Asset Management Names Head of Product Strategy

See News Rankings