Northern Trust Corp. (NASDAQ: NTRS) is 20.24% higher on its value in year-to-date trading and has touched a low of $64.13 and a high of $104.25 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The NTRS stock was last observed hovering at around $102.32 in the last trading session, with the day’s loss setting it -0.86%.
Currently trading at $101.46, the stock is 5.93% and 10.38% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.99 million and changing -0.84% at the moment leaves the stock 18.36% off its SMA200. NTRS registered 55.80% gain for a year compared to 6-month gain of 22.17%. The firm has a 50-day simple moving average (SMA 50) of $91.9226 and a 200-day simple moving average (SMA200) of $85.72425.
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The stock witnessed a 14.36% loss in the last 1 month and extending the period to 3 months gives it a 16.77%, and is -1.02% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.30% over the week and 1.92% over the month.
Northern Trust Corp. (NTRS) has around 23100 employees, a market worth around $20.11B and $15.06B in sales. Current P/E ratio is 12.63 and Fwd P/E is 13.46. Profit margin for the company is 10.84%. Distance from 52-week low is 58.21% and -2.68% from its 52-week high. The company has generated returns on investments over the last 12 months (8.31%).
The EPS is expected to grow by 26.78% this year
998.0 institutions hold shares in Northern Trust Corp. (NTRS), with institutional investors hold 86.56% of the company’s shares. The shares outstanding are 205.13M, and float is at 195.16M with Short Float at 1.62%. Institutions hold 86.04% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 22.95 million shares valued at $1.93 billion. The investor’s holdings represent 11.2166 of the NTRS Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 16.64 million shares valued at $1.4 billion to account for 8.1342 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 15.54 million shares representing 7.596 and valued at over $1.31 billion, while STATE STREET CORP holds 4.3035 of the shares totaling 8.81 million with a market value of $746.08 million.
Northern Trust Corp. (NTRS) Insider Activity
The most recent transaction is an insider sale by Levy Susan Cohen, the company’s EVP and General Counsel. SEC filings show that Levy Susan Cohen sold 19,585 shares of the company’s common stock on Oct 25 ’24 at a price of $102.26 per share for a total of $2.0 million. Following the sale, the insider now owns 17132.0 shares.
Northern Trust Corp. disclosed in a document filed with the SEC on Oct 25 ’24 that FRADKIN STEVEN L (Vice Chairman) sold a total of 27,874 shares of the company’s common stock. The trade occurred on Oct 25 ’24 and was made at $100.50 per share for $2.8 million. Following the transaction, the insider now directly holds 46078.0 shares of the NTRS stock.
Still, SEC filings show that on Oct 25 ’24, Karpinski Jane (Executive Vice President) disposed off 4,338 shares at an average price of $100.96 for $0.44 million. The insider now directly holds 19,498 shares of Northern Trust Corp. (NTRS).
