Northern TrustNTRS
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
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
29% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 69
6% more capital invested
Capital invested by funds: $14.2B [Q2] → $15B (+$833M) [Q3]
3% more funds holding
Funds holding: 680 [Q2] → 700 (+20) [Q3]
0.97% less ownership
Funds ownership: 82.56% [Q2] → 81.59% (-0.97%) [Q3]
7% less repeat investments, than reductions
Existing positions increased: 237 | Existing positions reduced: 256
80% less funds holding in top 10
Funds holding in top 10: 5 [Q2] → 1 (-4) [Q3]
Research analyst outlook
12 Wall Street Analysts provided 1 year price targets over the past 3 months
12 analyst ratings
Wells Fargo Mike Mayo 85% 1-year accuracy 22 / 26 met price target | 2%upside $110 | Equal-Weight Maintained | 15 Nov 2024 |
Deutsche Bank Brian Bedell 80% 1-year accuracy 32 / 40 met price target | 0%upside $108 | Hold Maintained | 11 Nov 2024 |
B of A Securities Michael Carrier 86% 1-year accuracy 6 / 7 met price target | 7%upside $115 | Buy Maintained | 24 Oct 2024 |
RBC Capital Gerard Cassidy 97% 1-year accuracy 35 / 36 met price target | 1%downside $107 | Outperform Maintained | 24 Oct 2024 |
Morgan Stanley Betsy Graseck 76% 1-year accuracy 35 / 46 met price target | 4%downside $103 | Underweight Maintained | 24 Oct 2024 |
Financial journalist opinion
Based on 33 articles about NTRS published over the past 30 days