Northern Trust Corporation's (NTRS) earnings are projected to grow, and it intends to increase its quarterly common stock dividend by 7%. Institutional investors hold a significant portion of the company with 87% of ownership. In a bid to maintain independence, Northern Trust has seen a surge in its stock options. The company promises a strong momentum, further furnished by Massachusetts Financial Services Co. MA and Oppenheimer Asset Management Inc. acquiring shares. Northern Trust has also announced an exciting development in its tokenized finance innovation in Australia via Project Acacia. Amidst talks of a potential merger with BNY Mellon, Northern Trust remains committed to independence. The company continues to make strategic appointments and recently declared dividends. However, analysts average rating for Northern Trust remains 'Hold.' Its financial strength remains promising despite technical trends suggesting otherwise. A new 12-month high has been set for Northern Trust, and it continues to position itself to withstand economic shocks like stagflation.
Northern Trust Corp NTRS News Analytics from Sun, 01 Dec 2024 08:00:00 GMT to Sat, 19 Jul 2025 12:15:22 GMT -
Rating 8
- Innovation 5
- Information 7
- Rumor -6
