256,500 Shares in Northern Trust Corporation $NTRS Acquired by VIRGINIA RETIREMENT SYSTEMS ET Al

Posted by George Bondi on Sep 7th, 2026

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Northern Trust Corporation (NASDAQ:NTRS – Free Report) in the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 256,500 shares of the asset manager’s stock, valued at approximately $44,590,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. California State Teachers Retirement System lifted its holdings in shares of Northern Trust by 15,388.1% during the second quarter. California State Teachers Retirement System now owns 51,137,991 shares of the asset manager’s stock worth $8,889,828,000 after buying an additional 50,807,816 shares in the last quarter. Wedmont Private Capital grew its stake in shares of Northern Trust by 13.6% in the second quarter. Wedmont Private Capital now owns 2,129 shares of the asset manager’s stock valued at $391,000 after acquiring an additional 255 shares in the last quarter. HB Wealth Management LLC grew its stake in shares of Northern Trust by 1.5% in the second quarter. HB Wealth Management LLC now owns 8,674 shares of the asset manager’s stock valued at $1,508,000 after acquiring an additional 126 shares in the last quarter. Saudi Central Bank increased its position in Northern Trust by 76.3% during the second quarter. Saudi Central Bank now owns 12,306 shares of the asset manager’s stock worth $2,139,000 after acquiring an additional 5,325 shares during the period. Finally, Angeles Wealth Management LLC bought a new position in Northern Trust during the second quarter worth about $203,000. 83.19% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Robert Moritz, Jr. acquired 255 shares of the stock in a transaction on Wednesday, July 29th. The stock was acquired at an average cost of $179.57 per share, for a total transaction of $45,790.35. Following the completion of the transaction, the director directly owned 8,400 shares in the company, valued at approximately $1,508,388. This trade represents a 3.13% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Thomas A. South sold 1,800 shares of the company’s stock in a transaction on Monday, August 24th. The stock was sold at an average price of $184.90, for a total value of $332,820.00. Following the sale, the executive vice president owned 92,917 shares of the company’s stock, valued at $17,180,353.30. The trade was a 1.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.66% of the company’s stock.

Northern Trust Stock Performance

NTRS opened at $186.63 on Monday. The stock has a market capitalization of $34.15 billion, a price-to-earnings ratio of 16.02, a P/E/G ratio of 1.05 and a beta of 1.24. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.43. Northern Trust Corporation has a twelve month low of $121.12 and a twelve month high of $195.78. The company has a 50-day simple moving average of $183.88 and a 200 day simple moving average of $165.98.

Northern Trust (NASDAQ:NTRS – Get Free Report) last released its earnings results on Wednesday, July 22nd. The asset manager reported $4.23 EPS for the quarter, beating the consensus estimate of $2.71 by $1.52. The firm had revenue of $2.71 billion for the quarter, compared to analyst estimates of $2.69 billion. Northern Trust had a net margin of 14.76% and a return on equity of 16.91%. The business’s quarterly revenue was up 35.1% compared to the same quarter last year. During the same period last year, the firm earned $2.13 EPS. Analysts predict that Northern Trust Corporation will post 11.59 EPS for the current fiscal year.

Northern Trust Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Friday, September 4th will be given a dividend of $0.88 per share. The ex-dividend date is Friday, September 4th. This represents a $3.52 annualized dividend and a dividend yield of 1.9%. This is a positive change from Northern Trust’s previous quarterly dividend of $0.80. Northern Trust’s dividend payout ratio (DPR) is 30.21%.

Analysts Set New Price Targets

A number of research firms have issued reports on NTRS. Citigroup boosted their price objective on shares of Northern Trust from $162.00 to $172.00 and gave the company a “neutral” rating in a report on Tuesday, June 30th. Bank of America raised their target price on shares of Northern Trust from $190.00 to $200.00 and gave the stock a “buy” rating in a report on Tuesday, July 7th. Evercore set a $179.00 price target on shares of Northern Trust in a research report on Monday, July 6th. JPMorgan Chase & Co. boosted their price target on Northern Trust from $179.50 to $185.50 and gave the company a “neutral” rating in a research note on Tuesday, August 4th. Finally, Morgan Stanley increased their price target on Northern Trust from $170.00 to $173.00 and gave the stock an “underweight” rating in a research report on Thursday, July 23rd. Four equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $180.68.

View Our Latest Report on Northern Trust

Northern Trust 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.