Northern Trust (NASDAQ:NTRS) Issues Earnings Results, Beats Estimates By $1.52 EPS

Northern Trust (NASDAQ:NTRS) issued its quarterly earnings data on Wednesday. The asset manager reported $4.23 EPS for the quarter, topping analysts’ consensus estimates of $2.71 by $1.52, Briefing.com reports. Northern Trust had a return on equity of 15.94% and a net margin of 12.84%.The firm had revenue of $2.71 billion during the quarter, compared to the consensus estimate of $2.69 billion. During the same period in the prior year, the business earned $2.13 EPS. The firm’s revenue was up 35.1% on a year-over-year basis.

Here are the key takeaways from Northern Trust’s conference call:

• Northern Trust reported 8th consecutive quarter of positive organic fee growth, with second-quarter revenue up 13% year over year and EPS up 40% excluding notable items, reflecting strong execution across the franchise.
• The company recognized a pre-tax gain of nearly $525 million from the Visa Class B exchange offer, helping drive reported net income and strengthening capital flexibility for buybacks, investment, or inorganic growth.
• Wealth management continued to show momentum, with trust fees up 10%, AUM up 14% year over year, and management highlighting strong demand in ultra-high-net-worth and family office solutions.
• Asset servicing posted another strong quarter, with revenue up 16% and assets under administration across alternatives exceeding $1 trillion, while outsourced capital markets solutions grew nearly 50% year over year.
• Management raised full-year guidance, now expecting NII and total revenue to grow 9%–10% year over year and operating leverage to be around 400 basis points, while also cautioning that some elevated trading, securities lending, and deposit activity may normalize in the second half.

Northern Trust Price Performance

Shares of NASDAQ NTRS opened at $178.66 on Thursday. The stock has a market cap of $33.06 billion, a P/E ratio of 18.71, a P/E/G ratio of 1.18 and a beta of 1.25. The firm’s 50-day simple moving average is $174.20 and its 200 day simple moving average is $157.44. Northern Trust has a fifty-two week low of $118.99 and a fifty-two week high of $191.60. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 0.51.

Northern Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Friday, September 4th will be paid a dividend of $0.88 per share. This is an increase from Northern Trust’s previous quarterly dividend of $0.80. This represents a $3.52 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Friday, September 4th. Northern Trust’s dividend payout ratio (DPR) is presently 33.51%.

Insider Activity at Northern Trust

In other news, insider Clive Bellows sold 2,800 shares of the company’s stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of $165.02, for a total value of $462,056.00. Following the completion of the sale, the insider directly owned 28,217 shares of the company’s stock, valued at approximately $4,656,369.34. This represents a 9.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Robert Edward Jr. Moritz acquired 225 shares of the firm’s stock in a transaction dated Friday, May 1st. The stock was bought at an average price of $166.41 per share, with a total value of $37,442.25. Following the completion of the acquisition, the director directly owned 8,145 shares of the company’s stock, valued at approximately $1,355,409.45. This represents a 2.84% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders sold 22,800 shares of company stock worth $3,785,251 in the last 90 days. Corporate insiders own 0.66% of the company’s stock.

Hedge Funds Weigh In On Northern Trust

A number of institutional investors and hedge funds have recently added to or reduced their stakes in NTRS. Empowered Funds LLC boosted its stake in Northern Trust by 13.3% during the first quarter. Empowered Funds LLC now owns 20,112 shares of the asset manager’s stock valued at $1,984,000 after buying an additional 2,363 shares in the last quarter. Woodline Partners LP raised its position in Northern Trust by 39.1% in the first quarter. Woodline Partners LP now owns 16,557 shares of the asset manager’s stock worth $1,633,000 after acquiring an additional 4,653 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in Northern Trust by 79.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,350 shares of the asset manager’s stock valued at $171,000 after acquiring an additional 596 shares during the last quarter. WINTON GROUP Ltd acquired a new stake in Northern Trust in the 2nd quarter valued at about $267,000. Finally, Daiwa Securities Group Inc. boosted its position in shares of Northern Trust by 4.6% during the 2nd quarter. Daiwa Securities Group Inc. now owns 29,290 shares of the asset manager’s stock valued at $3,714,000 after purchasing an additional 1,275 shares in the last quarter. 83.19% of the stock is owned by institutional investors.

Trending Headlines about Northern Trust

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

• Positive Sentiment: Northern Trust reported Q2 earnings and revenue that topped expectations, with EPS well above consensus and revenue slightly ahead of forecasts, supported by stronger net interest income, fee income, and assets under management growth. Northern Trust Corporation Reports Second Quarter 2026 Financial Results
• Positive Sentiment: The company raised its quarterly dividend by 10%, signaling confidence in capital strength and steady cash generation. Northern Trust posts strong Q2 results, boosts dividend
• Positive Sentiment: Commentary from the earnings call emphasized a constructive outlook, suggesting management sees continued momentum after the quarter’s strong performance. Northern Trust’s Earnings Call Signals Confident Upswing
• Neutral Sentiment: Transcript and follow-up articles focused on the same Q2 results, reinforcing the beat but not adding major new catalysts beyond the earnings release. Northern Trust Corporation (NTRS) Q2 2026 Earnings Call Transcript
• Neutral Sentiment: Additional coverage highlighted that revenue growth came from fees, capital markets, and net interest income, but this appears to be a restatement of the earnings drivers rather than new information. Northern Trust’s Q2 revenue up on fees, capital markets, net interest income

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on NTRS shares. Royal Bank Of Canada cut Northern Trust from an “outperform” rating to a “sector perform” rating and set a $178.00 target price on the stock. in a research note on Wednesday. Wells Fargo & Company increased their price objective on shares of Northern Trust from $175.00 to $189.00 and gave the stock an “equal weight” rating in a report on Wednesday, June 24th. Zacks Research upgraded shares of Northern Trust from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 12th. Citigroup boosted their target price on shares of Northern Trust from $162.00 to $172.00 and gave the company a “neutral” rating in a research note on Tuesday, June 30th. Finally, Bank of America raised their price target on shares of Northern Trust from $190.00 to $200.00 and gave the company a “buy” rating in a research note on Tuesday, July 7th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $179.68.

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.