Sterling Capital Management LLC Trims Stake in Northern Trust Corporation $NTRS

Posted by Stanley Muller on Jun 29th, 2026

Sterling Capital Management LLC cut its position in shares of Northern Trust Corporation (NASDAQ:NTRS – Free Report) by 19.0% in the first quarter, Holdings Channel.com reports. The firm owned 17,384 shares of the asset manager’s stock after selling 4,073 shares during the quarter. Sterling Capital Management LLC’s holdings in Northern Trust were worth $2,426,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Triumph Capital Management bought a new stake in Northern Trust in the third quarter worth about $25,000. Reflection Asset Management bought a new position in shares of Northern Trust during the fourth quarter valued at approximately $25,000. Board of the Pension Protection Fund purchased a new stake in shares of Northern Trust in the fourth quarter worth approximately $27,000. Elyxium Wealth LLC bought a new stake in shares of Northern Trust during the 4th quarter worth approximately $34,000. Finally, International Assets Investment Management LLC bought a new stake in shares of Northern Trust during the 4th quarter worth approximately $35,000. 83.19% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

NTRS has been the topic of several research analyst reports. Weiss Ratings raised Northern Trust from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 4th. JPMorgan Chase & Co. lifted their target price on Northern Trust from $153.50 to $170.00 and gave the stock a “neutral” rating in a research report on Monday, May 11th. The Goldman Sachs Group boosted their target price on shares of Northern Trust from $151.00 to $169.00 and gave the company a “neutral” rating in a research note on Wednesday, April 22nd. Wells Fargo & Company raised their price target on shares of Northern Trust from $175.00 to $189.00 and gave the stock an “equal weight” rating in a research note on Wednesday, June 24th. Finally, Zacks Research upgraded shares of Northern Trust from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 12th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $167.62.

Read Our Latest Stock Report on NTRS

Insider Buying and Selling

In related news, CFO David W. Fox, Jr. sold 19,987 shares of the business’s stock in a transaction on Tuesday, April 28th. The stock was sold at an average price of $166.16, for a total transaction of $3,321,039.92. Following the transaction, the chief financial officer directly owned 18,588 shares in the company, valued at $3,088,582.08. The trade was a 51.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Robert Edward Jr. Moritz acquired 225 shares of the business’s stock in a transaction dated Friday, May 1st. The shares were bought at an average price of $166.41 per share, for a total transaction of $37,442.25. Following the acquisition, the director 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 disclosure for this purchase is available in the SEC filing. Insiders have sold a total of 22,800 shares of company stock worth $3,785,251 in the last ninety days. 0.66% of the stock is owned by insiders.

Northern Trust Price Performance

NASDAQ:NTRS opened at $173.87 on Monday. The company’s 50-day simple moving average is $167.67 and its 200-day simple moving average is $152.01. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.62 and a current ratio of 0.62. Northern Trust Corporation has a fifty-two week low of $118.99 and a fifty-two week high of $178.70. The stock has a market capitalization of $32.17 billion, a P/E ratio of 18.21, a P/E/G ratio of 1.24 and a beta of 1.25.

Northern Trust (NASDAQ:NTRS – Get Free Report) last posted its earnings results on Tuesday, April 21st. The asset manager reported $2.71 EPS for the quarter, beating analysts’ consensus estimates of $2.37 by $0.34. The company had revenue of $2.21 billion during the quarter, compared to analysts’ expectations of $2.13 billion. Northern Trust had a net margin of 12.84% and a return on equity of 15.94%. Northern Trust’s revenue for the quarter was up 13.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.90 earnings per share. On average, equities analysts anticipate that Northern Trust Corporation will post 10.72 earnings per share for the current fiscal year.

Northern Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Friday, June 5th will be given a $0.80 dividend. The ex-dividend date of this dividend is Friday, June 5th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.8%. Northern Trust’s dividend payout ratio (DPR) is presently 33.51%.

Northern Trust Company Profile

(Free Report)

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.