In the latest trading session, 1.19 million Northern Trust Corp. (NASDAQ:NTRS) shares changed hands as the company’s beta touched 1.09. With the company’s most recent per share price at $103.03 changing hands around $7.24 or 7.56% at last look, the market valuation stands at $20.77B. NTRS’s last price was a premium, traded about 5.78% off its 52-week high of $97.08. The share price had its 52-week low at $62.44, which suggests the last value was 39.4% up since then. When we look at Northern Trust Corp.’s average trading volume, we note the 10-day average is 1.08 million shares, with the 3-month average coming to 1.08 million.

Analysts gave the Northern Trust Corp. (NTRS) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.12. If we narrow down to specifics, the data shows that 2 out of 11 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 4 recommended NTRS as a Hold, 5 felt it is a Buy and 0 rated the stock as Underweight.

Northern Trust Corp. (NASDAQ:NTRS) trade information

Instantly NTRS is in green as seen in intraday trades today. With action 6.61%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 22.10%, with the 5-day performance at 6.61% in the green. However, in the 30-day time frame, Northern Trust Corp. (NASDAQ:NTRS) is 12.71% up. Looking at the short shares, we see there were 3.23 million shares sold at short interest cover period of 2.64 days.

The consensus price target for the stock as assigned by Wall Street analysts is 106, meaning bulls need an upside of 2.8% from its recent market value. According to analyst projections, NTRS’s forecast low is 82 with 151 as the target high. To hit the forecast high, the stock’s price needs a -46.56% plunge from its current level, while the stock would need to tank 20.41% for it to hit the projected low.

Northern Trust Corp. (NTRS) estimates and forecasts

Data shows that the Northern Trust Corp. share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 22.22% over the past 6 months, a 12.64% in annual growth rate that is considerably higher than the industry average of -2.30%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -5.22%. The 2024 estimates are for Northern Trust Corp. earnings to increase by 15.25%, but the outlook for the next 5-year period is at 8.23% per year.

NTRS Dividends

Northern Trust Corp. is expected to release its next quarterly earnings report on 2024-Oct-23. The 2.91% annual yield figure for the share gives it an annual dividend of 3.00. It is important to note, however, that the 2.91% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 3.14 per year.

Northern Trust Corp. (NASDAQ:NTRS)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 0.60% of Northern Trust Corp. shares while 84.21% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 84.71%. There are 84.21% institutions holding the Northern Trust Corp. stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 11.2166% of the shares, roughly 22.95 million NTRS shares worth $1.93 billion.

FMR LLC holds the second largest percentage of outstanding shares, with 8.1342% or 16.64 million shares worth $1.4 billion as of 2024-06-30.