TD Cowen Increases Northern Trust (NASDAQ:NTRS) Price Target to $175.00

Northern Trust (NASDAQ:NTRS) had its target price upped by analysts at TD Cowen from $165.00 to $175.00 in a research report issued on Monday,Benzinga reports. The brokerage presently has a “buy” rating on the asset manager’s stock. TD Cowen’s price objective would indicate a potential upside of 16.70% from the stock’s current price.

A number of other brokerages have also commented on NTRS. Weiss Ratings reiterated a “buy (b-)” rating on shares of Northern Trust in a report on Thursday, January 22nd. BMO Capital Markets began coverage on Northern Trust in a research note on Friday, October 3rd. They issued a “market perform” rating and a $142.00 target price on the stock. The Goldman Sachs Group restated a “sell” rating and issued a $130.00 target price on shares of Northern Trust in a research note on Tuesday, January 6th. Truist Financial set a $148.00 price target on shares of Northern Trust in a report on Wednesday, January 7th. Finally, Wells Fargo & Company boosted their price objective on shares of Northern Trust from $145.00 to $150.00 and gave the company an “equal weight” rating in a research report on Friday, January 23rd. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, Northern Trust has an average rating of “Hold” and an average price target of $145.67.

Northern Trust Stock Up 0.2%

Northern Trust stock opened at $149.96 on Monday. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.69 and a quick ratio of 0.70. The company’s 50-day moving average is $138.91 and its 200-day moving average is $132.23. The firm has a market capitalization of $28.36 billion, a PE ratio of 17.16, a P/E/G ratio of 1.22 and a beta of 1.27. Northern Trust has a fifty-two week low of $81.62 and a fifty-two week high of $157.60.

Northern Trust (NASDAQ:NTRS) last announced 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. The company had revenue of $3.15 billion for the quarter. Northern Trust had a net margin of 12.15% and a return on equity of 14.87%. The firm’s revenue for the quarter was up 8.4% compared to the same quarter last year. During the same period in the prior year, the business posted $2.26 earnings per share. Sell-side analysts anticipate that Northern Trust will post 8.27 earnings per share for the current year.

Insiders Place Their Bets

In related news, EVP Susan Cohen Levy sold 27,591 shares of the stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $128.13, for a total transaction of $3,535,234.83. Following the completion of the sale, the executive vice president owned 48,257 shares in the company, valued at $6,183,169.41. This represents a 36.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider John Landers sold 766 shares of the business’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $124.35, for a total transaction of $95,252.10. Following the sale, the insider owned 7,313 shares in the company, valued at $909,371.55. The trade was a 9.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 53,357 shares of company stock worth $7,370,987. Insiders own 0.77% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in NTRS. Cullen Frost Bankers Inc. increased its position in Northern Trust by 84.8% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 1,567 shares of the asset manager’s stock valued at $199,000 after purchasing an additional 719 shares during the period. First Pacific Financial purchased a new position in shares of Northern Trust in the second quarter worth $3,118,000. Aviva PLC grew its stake in Northern Trust by 8.4% during the 2nd quarter. Aviva PLC now owns 149,911 shares of the asset manager’s stock valued at $19,007,000 after purchasing an additional 11,587 shares during the last quarter. SG Americas Securities LLC raised its position in Northern Trust by 228.0% during the 3rd quarter. SG Americas Securities LLC now owns 75,829 shares of the asset manager’s stock worth $10,207,000 after buying an additional 52,711 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in Northern Trust by 5.3% in the second quarter. Bank of New York Mellon Corp now owns 1,907,408 shares of the asset manager’s stock valued at $241,840,000 after acquiring an additional 96,592 shares during the period. 83.19% of the stock is currently owned by institutional investors.

Trending Headlines about Northern Trust

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

• Positive Sentiment: Zacks upgraded NTRS to a Rank #1 (Strong Buy), signaling improved near‑term earnings optimism that can attract buyers. Zacks Upgrade
• Positive Sentiment: TD Cowen raised its price target to $175 and maintained a Buy rating, representing meaningful upside versus recent levels and supporting further analyst‑driven buying. TD Cowen Price Target Raise
• Positive Sentiment: Zacks included NTRS on its list of Best Momentum Stocks (Rank #1), and commentary noted a recent one‑week gain — items that can amplify short‑term inflows from momentum and quant funds. Zacks Momentum List
• Positive Sentiment: Multiple outlets reported recent analyst price‑target raises (examples include targets of $155, $150 and $159), indicating bullish analyst sentiment across several firms. Price Target Raises
• Neutral Sentiment: Northern Trust confirmed senior leaders will present at the BofA Securities 2026 Financial Services Conference on Feb. 10 — a visibility event that can provide updates but is routine. BofA Conference Participation
• Neutral Sentiment: A Yahoo Finance feature asked whether it’s “too late” to buy NTRS after a multi‑year run — useful for investor sentiment but not material corporate news. Yahoo Finance Feature
• Negative Sentiment: Insider selling: COO Peter Cherecwich sold 25,000 shares at about $149.62 (~$3.74M), reducing his holding by ~48.8% — a sizable disclosed sale that can raise short‑term concern among investors. SEC Filing — Form 4

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.