Northern Trust Corp. (NTRS) exhibits mixed performance, occasionally underperforming market competitors and sometimes outperforming on strong trading days. Despite diverse investor insights on NTRS and its market value, Northern Trust consistently remains a favorite of institutional investors who own up to 83% of its shares. Several financial advisory companies have expanded their stake in Northern Trust, such as Sequoia Financial Advisors and Claro Advisors, while others like State of Alaska Department of Revenue and Retirement Systems of Alabama have sold portions of NTRS shares. Even though Northern Trust missed Q1 2024 earnings predictions, it successfully surpassed Q4 expectations amid market challenges. Alongside its stock performance, Northern Trust's financial outlook displays strength. Anticipations for FY2024 EPS Estimates were raised due to Seaport Res Ptn affirmation and Northern Trust recently released a sustainability report revealing its commitment to Environmental, Social, and Governance (ESG) goals. However, its EPS fell short in Q1, precipitating a slump in its stock. Despite this downturn, insider interest remains strong with insiders adding US$1.74m of stock to their holdings. Northern Trust also continues to expand its global reach, appointing Naoto Komoro as the head of its Japan office.
