The recent developments surrounding
Northern Trust Corporation's (NTRS) stock indicate rising analyst optimism. The firm's valuation has been explored and its ratings increased to 'Hold' by both Wells Fargo and BMO Capital Markets.
Robeco Institutional Asset Management and
ASR Vermogensbeheer N.V. decreased their position, while
First Pacific Financial and
Park Avenue Securities LLC bolstered their stake. The company has undergone key executive changes with
Michael Darby appointed as Northern California Market Leader and
Jessica Donohue named Global Head of Product Management for Asset Servicing.
Anwiti Bahuguna was named Global Co-Chief Investment Officer. Ahead of the Q3 earnings, Northern Trust's price target was raised by Wells Fargo and Evercore ISI Group. Despite decreasing the prime rate, Northern Trust's Q2 earnings improved primarily due to higher NII & AUM growth. The company is committed to remaining independent and has declared quarterly dividends on Common and Preferred Stock. The company's future strategy includes expanded Asia Partnership to enhance Asset Servicing Ambitions, while its performance has been compared favorably to other finance stocks.
Northern Trust Corp NTRS News Analytics from Mon, 24 Mar 2025 07:00:00 GMT to Sat, 04 Oct 2025 12:55:26 GMT -
Rating 6
- Innovation 5
- Information 8
- Rumor 2
