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Northern Trust CorporationNasdaq: NTRS

Financials · Asset Management & Custody Banks

$172.16

-1.59%

Vol: 899K

Research Digest

Friday, June 19, 2026

Neutral

No significant overnight updates

No material news in the last 48 hours.

Price 50d 200d

Previous Market Intelligence

13 days
Jun 18Northern Trust set its second-quarter 2026 earnings call for July 22, with no material new business news overnight.Neutral

On June 17, 2026, Northern Trust announced it will webcast its second quarter 2026 earnings conference call on Wednesday, July 22, 2026, at 8:00 a.m. CT, following the morning release of its Q2 press release. This is a routine scheduling notice rather than a substantive event. For context, Q1 2026 net income was $525.5 million ($2.71 diluted EPS) on revenue up 14% year-over-year, and the stock has rallied roughly 27% over 90 days to around $174. The only forward catalyst here is the July 22 print itself.

Jun 17No significant overnight updatesNeutral

No material news in the last 48 hours.

Jun 16No significant overnight updatesNeutral

No material news in the last 48 hours.

Jun 15No significant overnight updatesNeutral

No material news in the last 48 hours.

Jun 14Northern Trust shares hit a fresh 52-week high on June 12 amid continued outperformance versus financial peers.Positive

Northern Trust set a new 52-week high on June 12, 2026, with intraday prices reaching $173.78 and a recent quote near $174.26, capping a roughly 25% year-to-date gain that has outpaced finance-sector peers. The move follows strong Q1 2026 results (net income $525.5M, EPS $2.71, revenue up 14% YoY, 32% pre-tax margin) and a series of product and leadership initiatives, including a June 3 launch of two actively managed UCITS Adaptive Equity funds. It matters because the new high puts renewed focus on valuation after a strong multi-quarter run. The risk is that elevated valuation leaves limited upside if earnings momentum cools.

May 21Northern Trust names new head of quant strategies; JPMorgan raises price target to $170Positive

Northern Trust Asset Management appointed Anne-Sophie van Royen, Ph.D., as Head of Index and Quantitative Strategies, leading equity, fixed income, and multi-asset solutions. JPMorgan raised its price target to $170 from $153.50 on May 11. Director Robert Moritz Jr. purchased 225 shares at $166.41 on May 1 (~$37,442). EVP Thomas A. South gifted 1,300 shares on May 4. CFO Dave Fox and CIO Tom South will present at Morgan Stanley 2026 U.S. Financials Conference June 9. Quarterly dividend of $0.80 declared (ex-date June 5). Released peer study highlighting asset owners' shift to private markets and AI.

May 20No significant overnight updatesNeutral

No material news in the last 48 hours. Recent context: JPMorgan raised PT to $170 from $153.50 on May 11 (Neutral); a peer study published recently on asset owner AI/data focus; insider buying by Director Moritz on May 4.

May 19No significant overnight updatesNeutral

No material news in the last 48 hours.

May 18No significant overnight updatesNeutral

No material news in the last 48 hours. Recent backdrop includes a JPMorgan price-target hike to $170 on May 11 and continued strong Q1 momentum (14% YoY revenue growth, 32% pre-tax margin, 43% EPS growth).

May 15Northern Trust appoints Beata Kirr as Global Family Office CIO following Q1 EPS beat that drove 7.4% post-earnings rallyPositive

Northern Trust Wealth Management named Beata Kirr Chief Investment Officer of its Global Family Office, a notable leadership move for its ultra-high-net-worth platform. The appointment follows a strong Q1 2026 print: net income of $525.5M, diluted EPS of $2.71, revenue up 14% YoY with 700+ bps of operating leverage and a 32% pre-tax margin. NTRS returned $510M to shareholders (100% payout ratio) including $359M in buybacks. The stock rallied 7.4% on earnings and opened at $162.35 on May 13. The firm continues investing in AI for hyperpersonalization and launched Europe's first autocallable ETF. Consensus rating is Hold with a 12-month target of $164.08.

May 14Northern Trust supports launch of Europe's first autocallable ETF; JPMorgan raises price target to $170 on May 8.Positive

In early May 2026, Northern Trust provided fund administration, depositary, and custody services for the launch of the Calamos Autocallable Income UCITS ETF on Waystone's Irish-domiciled platform - Europe's first autocallable ETF, listed on Xetra and the London Stock Exchange. JPMorgan raised its NTRS price target to $170 from $153.50 on May 8, 2026. Director Robert Edward Moritz Jr. purchased 225 shares at $166.41 on May 1, 2026, signaling insider confidence. EVP Thomas A. South disposed of 1,300 shares as a gift on May 4. Northern Trust Wealth Management appointed Beata Kirr as CIO of Global Family Office. Q1 2026 results showed solid revenue growth. Shares opened at $162.35 with 50-day SMA of $149.35 and 200-day SMA of $142.47.

May 13JPMorgan lifted Northern Trust's price target to $170 from $153.50 on May 8 following strong Q1 results that boosted EPS 43% YoY.Positive

Northern Trust's Q1 2026 results delivered $525.5M net income and $2.71 diluted EPS, with revenue up 14% YoY and operating leverage exceeding 700 basis points. On May 8, JPMorgan raised its price target to $170 from $153.50 reflecting growing analyst confidence in the wealth/asset servicing franchise. Director Robert Moritz Jr. bought 225 shares at $166.41 on May 1, an insider-confidence signal. The company also supported the early-May launch of the Calamos Autocallable Income UCITS ETF in Europe. Risks include rate-sensitive fee income and equity-market exposure pressuring trust assets under custody.

May 12Northern Trust Director Robert Moritz Jr. bought 225 shares at $166.41 on May 1, 2026 in an open-market purchase as Q1 EPS jumped 43% year-over-year.Positive

Northern Trust delivered a strong Q1 2026 with net income of $525.5 million, EPS of $2.71 (up 43% YoY), and revenue growth of 14% supported by elevated client activity and improved interest rate conditions. Pre-tax margin reached 32% with operating leverage improvements over 700 basis points. Director Robert Moritz Jr. made an open-market purchase of 225 shares at $166.41 on May 1, 2026, an insider buying signal. EVP Thomas South gifted 1,300 shares on May 4. The company declared a $0.80 quarterly dividend with ex-date June 5 and is expanding ETF services in Europe with the first autocallable ETF. The stock is up roughly 73.5% over the past year.

Sector Peers

CompanyPriceDay1MFwd P/EBetaMkt Cap
NTRSNORTHERN$172.16-1.59%+1.5%14.6x1.26$32.7B
BLKBLACKROCK$1,050.83-0.62%+1.3%16.3x1.44$161.9B
BXBLACKSTONE$124.01-0.80%+8.7%16.3x1.58$150.1B
BKBANK$137.16+0.00%+0.0%14.2x1.07$94.1B
KKRKKR$96.93-0.25%+2.5%12.7x1.79$87.5B
APOAPOLLO$137.79-0.81%-3.3%11.2x1.50$68.4B

Key Fundamentals

Market Cap$32.7B
P/E (TTM)18.5
Forward P/E14.6
Beta1.26
Div Yield181.00%
Prev Close$174.95

RSI (14-Day)

65Neutral
0305070100

52-Week Range

$118.99$172.16$178.70
From High-3.7%
From Low+44.7%

Moving Averages

50d SMA
$161.27+6.8%
200d SMA
$141.44+21.7%

Price above both MAs — bullish structure.

Historical Returns

1W
-2.2%
1M
+6.9%
3M
+20.6%
6M
+33.5%
1Y
+64.9%
YTD
+24.3%

Volume

Today899K
20d Avg969K
Ratio0.93x