Resona Asset Management Co. Ltd. Sells 3,709 Shares of Northern Trust Corporation $NTRS

Resona Asset Management Co. Ltd. cut its stake in Northern Trust Corporation (NASDAQ:NTRS) by 5.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 63,622 shares of the asset manager’s stock after selling 3,709 shares during the period. Resona Asset Management Co. Ltd.’s holdings in Northern Trust were worth $8,556,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. FNY Investment Advisers LLC acquired a new position in shares of Northern Trust during the second quarter worth about $25,000. Hantz Financial Services Inc. lifted its stake in Northern Trust by 5,225.0% in the 2nd quarter. Hantz Financial Services Inc. now owns 213 shares of the asset manager’s stock valued at $27,000 after acquiring an additional 209 shares in the last quarter. AlphaCore Capital LLC boosted its position in Northern Trust by 87.4% during the 2nd quarter. AlphaCore Capital LLC now owns 208 shares of the asset manager’s stock worth $27,000 after acquiring an additional 97 shares during the last quarter. Clearstead Trust LLC bought a new position in shares of Northern Trust during the 2nd quarter worth approximately $29,000. Finally, GFG Capital LLC acquired a new stake in shares of Northern Trust in the second quarter valued at approximately $35,000. Institutional investors and hedge funds own 83.19% of the company’s stock.

Key Stories Impacting Northern Trust

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?

Wall Street Analyst Weigh In

NTRS has been the subject of several recent research reports. Keefe, Bruyette & Woods increased their target price on shares of Northern Trust from $123.00 to $125.00 and gave the stock an “underperform” rating in a report on Thursday, October 23rd. Citigroup increased their price objective on shares of Northern Trust from $135.00 to $143.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 30th. The Goldman Sachs Group reaffirmed a “sell” rating and issued a $130.00 target price on shares of Northern Trust in a research report on Tuesday, January 6th. Wall Street Zen raised Northern Trust from a “sell” rating to a “hold” rating in a research report on Saturday, December 27th. Finally, Zacks Research upgraded Northern Trust from a “hold” rating to a “strong-buy” rating in a research note on Friday. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $145.67.

Insider Activity

In other Northern Trust news, EVP Susan Cohen Levy sold 27,591 shares of the 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 transaction, the executive vice president directly owned 48,257 shares of the company’s stock, valued at $6,183,169.41. This represents a 36.38% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider John Landers sold 766 shares of the business’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $124.35, for a total value of $95,252.10. Following the sale, the insider owned 7,313 shares of the company’s stock, valued at approximately $909,371.55. This represents a 9.48% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.77% of the company’s stock.

Northern Trust Price Performance

Shares of NASDAQ NTRS opened at $149.65 on Tuesday. The company has a quick ratio of 0.70, a current ratio of 0.69 and a debt-to-equity ratio of 0.57. The business’s 50 day moving average price is $138.41 and its two-hundred day moving average price is $132.07. The company has a market cap of $28.30 billion, a PE ratio of 17.12, a price-to-earnings-growth ratio of 1.21 and a beta of 1.27. Northern Trust Corporation has a twelve month low of $81.62 and a twelve month high of $157.60.

Northern Trust (NASDAQ:NTRS) last issued its earnings results on Friday, January 30th. The asset manager reported $2.42 EPS for the quarter, topping the consensus estimate of $2.37 by $0.05. Northern Trust had a return on equity of 14.87% and a net margin of 12.15%.The company had revenue of $3.15 billion during the quarter. During the same quarter in the prior year, the firm posted $2.26 earnings per share. The business’s revenue was up 8.4% compared to the same quarter last year. On average, analysts predict that Northern Trust Corporation will post 8.27 EPS for the current year.

Northern Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Friday, March 6th will be issued a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Friday, March 6th. Northern Trust’s payout ratio is currently 36.61%.

Northern Trust Company 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.