Northern Trust Q2 EPS $4.34 Beats $3.50 Estimate, Sales $2.71B Beat $2.06B Estimate

7/17/24 7:23:08 AM ET

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Northern Trust (NASDAQ:NTRS) reported quarterly earnings of $4.34 per share. This is a 178.21 percent increase over earnings of $1.56 per share from the same period last year. The company reported quarterly sales of $2.71 billion which beat the analyst consensus estimate of $2.06 billion by 31.80 percent. This is a 54.52 percent increase over sales of $1.76 billion the same period last year.

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Recent Analyst Ratings for
$NTRS

Date	Price Target	Rating	Analyst
9/26/2024	$84.00 → $82.00	Neutral → Sell	Goldman
1/30/2024	$82.00 → $86.00	Equal-Weight → Underweight	Morgan Stanley
1/9/2024	$68.00 → $99.00	Hold → Buy	Jefferies
1/3/2024	$85.00	Peer Perform → Underperform	Wolfe Research
10/18/2023		Overweight → Equal Weight	Wells Fargo
10/10/2023	$90.00	Buy	BofA Securities
7/10/2023	$100.00 → $80.00	Buy → Neutral	UBS
4/26/2023		Buy → Neutral	Seaport Research Partners

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Northern Trust Launches Enhanced Collateral Management Solution Delivered in Collaboration with CloudMargin
Northern Trust (NASDAQ:NTRS) has launched an enhanced active collateral solution designed to help institutional investors manage their collateral more efficiently while meeting the demands of continual market change. The capability, delivered in collaboration with CloudMargin, a leading global collateral management technology company, will provide enhanced service capabilities, increased transparency on a real-time basis and platform resiliency. This includes automated asset selection based on flexible hierarchies, support of complex eligibility rules, access to real-time data through client portals, report write capabilities, and full end-to-end automation. Nadia Ivanova, Head of Busin
11/20/24 7:00:00 AM ET
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Northern Trust to Participate in Goldman Sachs 2024 US Financial Services Conference
Northern Trust Corporation announced today that Chairman and Chief Executive Officer Michael O'Grady and Chief Financial Officer David Fox will participate in the Goldman Sachs 2024 US Financial Services Conference in New York City on Wednesday, December 11, 2024, at 11:20 a.m. (ET). A live webcast of the event may be accessed via Northern Trust's website (www.northerntrust.com) in the investor relations section. A replay will be available for approximately four weeks after the session date. About Northern Trust Northern Trust Corporation (NASDAQ:NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent fami
11/14/24 10:02:00 AM ET
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Northern Trust Asset Management Names New Head of Tactical Asset Allocation
Peter Wilke Brings More than 20 Years of Multi-Asset Investment Expertise to Role Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.3 trillion in assets under management as of September 30, 2024, announced Peter Wilke, CFA has joined as Head of Tactical Asset Allocation. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241113738501/en/Peter Wilke, Head of Tactical Asset Allocation, Northern Trust Asset Management (Photo: Business Wire) In this role, Wilke will lead a team of analysts conducting the global macroeconomic research that drives NTAM's investment views on market-moving factors
11/13/24 10:00:00 AM ET
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Northern Trust Corporation Reports Third Quarter 2024 Financial Results
Northern Trust Corporation has released its third quarter 2024 financial results. Results can be found at https://www.northerntrust.com/about-us/investor-relations as well as on the corporation's Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission (SEC) on October 23, 2024, which is available on the SEC's website at https://www.sec.gov. Webcast of Third Quarter Earnings Conference Call Northern Trust's third quarter earnings conference call will be webcast on October 23, 2024. The live call will be conducted at 8:30 a.m. CT and is accessible on Northern Trust's website at the address noted above. A recording of the live call will be available on Northern Tru
10/23/24 8:13:00 AM ET
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Northern Trust Declares Quarterly Dividends on Common and Preferred Stock
Northern Trust Corporation (NASDAQ:NTRS), holding company of The Northern Trust Company, has declared a quarterly cash dividend of $0.75 per share on its common stock ($1.66-2/3 par value), payable on January 1, 2025, to holders of record at 5:00 p.m., Chicago time, on December 6, 2024. Northern Trust Corporation also declared cash dividends of $293.75 per share of its Series E non-cumulative perpetual preferred stock (resulting in a distribution of $0.29375 per depository share), payable on January 1, 2025, to holders of record at 5:00 p.m., Chicago time, on December 15, 2024. About Northern Trust Northern Trust Corporation (NASDAQ:NTRS) is a leading provider of wealth management, asset
10/22/24 5:20:00 PM ET
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Northern Trust Corporation to Webcast Third Quarter 2024 Earnings Conference Call
Northern Trust Corporation announced today that it will webcast its third quarter 2024 earnings conference call live on Wednesday, October 23, 2024. The webcast, the earnings press release, and related presentation materials will be accessible on Northern Trust's website. The call will be conducted at 8:30 a.m. (CT), following the release that morning of Northern Trust's third quarter 2024 earnings press release. A replay of the webcast will be available for approximately four weeks after the date of the call. About Northern Trust Northern Trust Corporation (NASDAQ:NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institution
10/7/24 4:36:00 PM ET
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Northern Trust Asset Management Appoints Head of Global Institutional Client Group
Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.2 trillion in assets under management as of June 30, 2024, announced Lyenda Simpson Delp will become Head of the Global Institutional Client Group, effective December 3. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240925776877/en/Lyenda Simpson Delp, Head of the Global Institutional Client Group, Northern Trust Asset Management (Photo: Business Wire) Lyenda will lead the strategic direction and commercial success of NTAM's institutional businesses in the Americas, Europe, and the Middle East (EMEA), and Asia-Pacific (APAC) regions. NTAM
9/25/24 10:00:00 AM ET
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Northern Trust Asset Management Strengthens Investment Stewardship Capabilities
NTAM Appoints Head of Global Stewardship; Unveils Proxy Voting Choice Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.2 trillion in assets under management as of June 30, 2024, announced actions to further strengthen its investment stewardship capabilities: appointing Paul Clark as Global Head of Stewardship, and unveiling the phased rollout of proxy voting choice. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240808855510/en/Paul Clark, Global Head of Stewardship, Northern Trust Asset Management (Photo: Business Wire) "We believe effective investment stewardship helps protect and e
8/8/24 5:14:00 AM ET
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Northern Trust Appoints Ali Nafii San Diego Market Leader
Northern Trust has appointed Ali Nafii as Market Leader in San Diego, where he will direct the wealth management business serving high-net-worth individuals and families. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240716033019/en/Ali Nafii (Photo: Business Wire) In his new role, Nafii will be responsible for driving strategic growth in San Diego. He will lead a team that provides best-in-class investment management, trust, banking and advisory solutions to many of San Diego's most successful families, companies and nonprofits. Nafii joined Northern Trust in 2015, most recently serving as Client Development Market Lead & Seni
7/16/24 10:00:00 AM ET
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Northern Trust Q2 EPS $4.34 Beats $3.50 Estimate, Sales $2.71B Beat $2.06B Estimate

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$NTRS Large Ownership Changes

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Amendment: SEC Form SC 13G/A filed by Northern Trust Corporation

SEC Form SC 13G/A filed by Northern Trust Corporation (Amendment)

SEC Form SC 13G/A filed by Northern Trust Corporation (Amendment)

$NTRS Insider Purchases

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Cherecwich Peter bought $1,689 worth of shares (18 units at $93.83), sold $1,022 worth of shares (12 units at $85.19) and covered exercise/tax liability with 465 shares, decreasing direct ownership by 2% to 24,715 units (SEC Form 4)

O'Grady Michael bought $1,302,000 worth of shares (20,000 units at $65.10) (SEC Form 4)

Levy Susan Cohen bought $322,050 worth of shares (5,000 units at $64.41), increasing direct ownership by 19% to 31,085 units (SEC Form 4)

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Amendment: SEC Form SCHEDULE 13G/A filed by Northern Trust Corporation

SEC Form 13F-HR filed by Northern Trust Corporation

SEC Form 10-Q filed by Northern Trust Corporation

Northern Trust downgraded by Goldman with a new price target

Northern Trust downgraded by Morgan Stanley with a new price target

Northern Trust upgraded by Jefferies with a new price target

RBC Capital Maintains Outperform on Northern Trust, Raises Price Target to $90

How Is The Market Feeling About Northern Trust?

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Executive Vice President South Thomas A sold $529,000 worth of shares (5,000 units at $105.80), decreasing direct ownership by 9% to 49,756 units (SEC Form 4)

Chief Operating Officer Cherecwich Peter sold $1,698,973 worth of shares (16,153 units at $105.18) (SEC Form 4)

Director Smith David Byron Jr received a gift of 1,990 shares (SEC Form 4)

Northern Trust Launches Enhanced Collateral Management Solution Delivered in Collaboration with CloudMargin

Northern Trust to Participate in Goldman Sachs 2024 US Financial Services Conference

Northern Trust Asset Management Names New Head of Tactical Asset Allocation

$NTRS Financials

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Northern Trust Corporation Reports Third Quarter 2024 Financial Results

Northern Trust Declares Quarterly Dividends on Common and Preferred Stock

Northern Trust Corporation to Webcast Third Quarter 2024 Earnings Conference Call

$NTRS Leadership Updates

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Northern Trust Asset Management Appoints Head of Global Institutional Client Group

Northern Trust Asset Management Strengthens Investment Stewardship Capabilities

Northern Trust Appoints Ali Nafii San Diego Market Leader

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