Northern TrustNTRS
NTRS
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 September 2024, Northern Trust had assets under custody or administration of $17.4 trillion and assets under management of $1.6 trillion.
Employees: 23,100
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 10 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
50% more call options, than puts
Call options by funds: $69.1M | Put options by funds: $45.9M
41% more first-time investments, than exits
New positions opened: 90 | Existing positions closed: 64
6% more capital invested
Capital invested by funds: $14.2B [Q2] → $15B (+$840M) [Q3]
4% more funds holding
Funds holding: 681 [Q2] → 707 (+26) [Q3]
0.93% less ownership
Funds ownership: 82.56% [Q2] → 81.63% (-0.93%) [Q3]
8% less repeat investments, than reductions
Existing positions increased: 238 | Existing positions reduced: 258
80% less funds holding in top 10
Funds holding in top 10: 5 [Q2] → 1 (-4) [Q3]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$82
20%
downside
Avg. target
$107
5%
upside
High target
$127
24%
upside
10 analyst ratings
2 positive
20%
7 neutral
70%
1 negative
10%
Morgan Stanley Betsy Graseck 73% 1-year accuracy 35 / 48 met price target | 24%upside $127 | Equal-Weight Upgraded | 9 Dec 2024 |
Keefe, Bruyette & Woods David Konrad 59% 1-year accuracy 17 / 29 met price target | 10%upside $113 | Market Perform Maintained | 3 Dec 2024 |
Wells Fargo Mike Mayo 68% 1-year accuracy 17 / 25 met price target | 7%upside $110 | Equal-Weight Maintained | 15 Nov 2024 |
Deutsche Bank Brian Bedell 75% 1-year accuracy 30 / 40 met price target | 5%upside $108 | Hold Maintained | 11 Nov 2024 |
B of A Securities Michael Carrier 71% 1-year accuracy 5 / 7 met price target | 12%upside $115 | Buy Maintained | 24 Oct 2024 |
Financial journalist opinion
Based on 18 articles about NTRS published over the past 30 days
Positive
Zacks Investment Research
17 hours ago
What Makes Northern Trust Stock a Solid Bet for Long-Term Returns
NTRS' rising loan balances, strong liquidity position and impressive capital distribution make it a solid pick for long-term growth.
Neutral
Business Wire
2 days ago
Northern Trust Decreases Prime Rate
CHICAGO--(BUSINESS WIRE)--Northern Trust has decreased its prime rate from 7.75% to 7.50%, effective Thursday, December 19, 2024. About Northern Trust Northern Trust Corporation (Nasdaq: NTRS) 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 a global presence with offices in 24 U.S. states and Washington, D.C., and across 22 locations in Canad.
Neutral
Business Wire
4 days ago
Northern Trust Names New Head of Agricultural Properties
PASADENA, Calif.--(BUSINESS WIRE)--Northern Trust announced today that John Onderdonk has been appointed National Practice Leader of Agricultural Properties. In this role, Onderdonk will oversee a multi-disciplinary group that manages and consults on agricultural properties such as farmland, ranches and timberland for Northern Trust's clients. Onderdonk is the latest addition to Northern Trust's specialized team of trust and estate experts who serve as trustee or executor of unique assets such.
Neutral
Business Wire
5 days ago
Northern Trust and NUS Forge Partnership to Advance Green Finance Innovation
SINGAPORE--(BUSINESS WIRE)-- #assetmanagement--The partnership includes a tokenization initiative for green bonds, leveraging Northern Trust's Matrix Zenith digital asset platform.
Neutral
Business Wire
1 week ago
Northern Trust Appointed by First Sentier Investors as Third-Party Administrator
LONDON & MELBOURNE, Australia--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) announced today that it has expanded its relationship with First Sentier Investors, a leading Australia-based asset manager with more than US$157 billion in assets under management (as of 30 September 2024). Under the terms of the new mandate, Northern Trust will integrate a range of front-to-back solutions for the manager's public market fund business in Australia, Ireland, Singapore and the United Kingdom. Services.
Positive
Zacks Investment Research
1 week ago
Best Momentum Stocks to Buy for December 9th
MRVL, NTRS and MNDY made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on December 9, 2024.
Neutral
Business Wire
1 week ago
Northern Trust Releases Third Business Owner Benchmark
CHICAGO--(BUSINESS WIRE)--Business owners are forging ahead with big plans in 2025, according to The Northern Trust Institute's third Business Owner Benchmark. The report, based on a survey of Northern Trust's business owner clients, reveals that despite mixed feelings about the economy, many respondents are poised to undertake large scale changes within their business next year. According to Eric Czepyha, Northern Trust's Director of Business Services, the economy, market conditions and indust.
Positive
Zacks Investment Research
1 week ago
New Strong Buy Stocks for December 9th
PINC, MRVL, NTRS, MNDY and NBBK have been added to the Zacks Rank #1 (Strong Buy) List on December 9, 2024.
Neutral
Business Wire
1 week ago
Avanza Fonder Appoints Northern Trust to Provide Integrated Trading Solutions
STOCKHOLM--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) today announced its Integrated Trading Solutions (ITS) outsourced trading desk is supporting Avanza Fonder, a Stockholm-based fund company providing services for private clients. Founded in 2006, Avanza Fonder is a wholly owned subsidiary of Avanza Bank Holding AB (publ). The fund company manages funds in-house and in collaboration with other managers. Northern Trust will provide outsourced trading primarily for Avanza Fonder's Global, E.
Positive
Zacks Investment Research
2 weeks ago
All You Need to Know About Northern Trust (NTRS) Rating Upgrade to Strong Buy
Northern Trust (NTRS) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Charts implemented using Lightweight Charts™