NTRSFinancial Services · Asset ManagementThe 15 Wall Street analysts covering Northern Trust Corp. hold a median 12-month price target of $185 — +9.8% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 91 of 100 as at 8 Oct 2026 — among the strongest tenth. Here, the model and the Street point the same way.
Consensus tells you what everyone already believes. The model scores Northern Trust Corp. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Issuance (93): The share count has been shrinking and the company is not leaning on new borrowing.
Accruals (31): A large share of reported profit has not shown up as cash, or the balance sheet is expanding quickly — both tend to unwind.
Size (7): Larger than most of the companies we track — more scrutinised, less often mispriced.
Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.
The bullish and bearish analyst opinions on NTRS, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Data provided by Twelve Data
The green dot is the last close — the median target sits +9.8% from it.
Of the 20 most recent actions, 9 moved their price target up and 2 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 6 Oct 2026 | BMO Capital | Maintains | Outperform | $208 → $190 |
| 5 Oct 2026 | Citigroup | Maintains | Neutral | $182 → $186 |
| 2 Oct 2026 | JP Morgan | Maintains | Neutral | $186 → $185 |
| 1 Oct 2026 | Evercore ISI Group | Maintains | In-Line | $179 → $183 |
| 4 Aug 2026 | JP Morgan | Maintains | Neutral | — |
| 4 Aug 2026 | JP Morgan | Maintains | Neutral | $180 → $186 |
| 23 July 2026 | Barclays | Maintains | Equal-Weight | — |
| 23 July 2026 | Barclays | Maintains | Equal-Weight | $176 → $189 |
| 23 July 2026 | Morgan Stanley | Maintains | Underweight | $170 → $173 |
| 23 July 2026 | Morgan Stanley | Maintains | Underweight | — |
| 23 July 2026 | RBC Capital | Downgrade | Sector Perform | $178 |
| 23 July 2026 | RBC Capital | Downgrade | Sector Perform | — |
| 23 July 2026 | Wells Fargo | Maintains | Equal-Weight | $189 → $194 |
| 23 July 2026 | Wells Fargo | Maintains | Equal-Weight | — |
| 9 July 2026 | Keefe, Bruyette & Woods | Maintains | Underperform | — |
| 9 July 2026 | Keefe, Bruyette & Woods | Maintains | Underperform | $157 → $175 |
| 7 July 2026 | B of A Securities | Maintains | Buy | $190 → $200 |
| 7 July 2026 | B of A Securities | Maintains | Buy | — |
| 6 July 2026 | Evercore ISI Group | Maintains | In-Line | — |
| 6 July 2026 | Evercore ISI Group | Maintains | In-Line | $176 → $179 |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Computed off the Friday close and sent before the US open.
Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. NTRS appears on the weeks it earns a place.
Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 8 Oct 2026, Northern Trust Corp. returned +31.7% against +16.2% for the S&P 500, dividends included.
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Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 46% of US stocks
Cheaper than 35% of US stocks
Cheaper than 37% of US stocks
Higher than 81% of US stocks
Higher than 82% of US stocks
Higher than 93% of US stocks
Higher than 85% of US stocks
Higher than 77% of US stocks
Higher than 53% of US stocks
Higher than 79% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The headline figures, each with its date. Every row carries its own link — cite it straight from here.
Northern Trust Corp. has a market value of $31.0B and an enterprise value of $38.2B.
Revenue in the twelve months to 30 June 2026: $8.5B. The latest quarter grew 36.4% year on year.
Net income over the same four quarters: $2.2B, a 26.3% net margin.
Diluted earnings per share, trailing twelve months: $11.65.
Free cash flow in the twelve months to 30 June 2026: −$217.9M.
Northern Trust Corp. spent $1.4B on share buybacks and $638.7M on dividends in the twelve months to 30 June 2026.
Trailing P/E: 14.6×; forward P/E: 13.2× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 2.10%, paying out 27% of earnings.
Northern Trust Corp. employs 23,600 people — $361K of revenue per employee.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own Northern Trust Corp. — and when they’d sell — is the membership. See the Ticker Nerd 20 →
UBS Group is set to transfer former Credit Suisse fund administration businesses to Northern Trust, deepening the companies’ partnership while simplifying operations.
Why it matters — The deal represents an expansion of Northern Trust’s fund administration relationship with UBS.
Northern Trust plans to convert six index mutual funds, holding about $33 billion, into ETFs in 2027. The change will affect how investors trade the funds and how they are taxed.
Why it matters — The planned conversion could change trading and tax considerations for investors in Northern Trust’s funds.
Northern Trust Wealth Management appointed Beth Emswiler and Andrew Borner as Senior Managing Directors in the Northeast Region, based in New York and Greenwich, Connecticut respectively, to strengthen its investment capabilities and client leadership. These appointments follow recent hiring momentum, including expansion of its Family Office Solutions team in New York.
Why it matters — The appointments signal continued strategic expansion of Northern Trust's senior talent and wealth management presence in key Northeast markets.
Northern Trust Corporation announced that Chief Financial Officer Dave Fox has announced his retirement. The announcement was made by the company via Business Wire.
Why it matters — NTRS watchers would care because the CFO retirement signals a forthcoming change in the company's senior financial leadership team.
Northern Trust Corporation announced that Chief Financial Officer Dave Fox has announced his retirement. The announcement was made by the company in Chicago.
Why it matters — A change in the chief financial officer role is a significant leadership transition for a watcher of Northern Trust to monitor.
The 15 Wall Street analysts covering Northern Trust Corp. have a median 12-month price target of $185, with estimates ranging from $158 to $194. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 15 analysts covering Northern Trust Corp., 2 rate it a Buy, 10 a Hold and 3 a Sell. Ticker Nerd's systematic factor model ranks Northern Trust Corp. 91 out of 100 across roughly 4,600 US stocks as at 8 Oct 2026. None of this is personal advice — it does not consider your circumstances.
As at 8 Oct 2026, Northern Trust Corp. ranks 91 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Issuance (93 of 100).
No one can know that. What the data says: the median 12-month target from 15 analysts implies +9.8% from the last close, and Ticker Nerd's factor model ranks Northern Trust Corp. 91 out of 100 as at 8 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering Northern Trust Corp. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for NTRS are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $158 to $194 over the next 12 months.
Northern Trust Corp. returned +31.7% over the 12 months to 8 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.
Northern Trust Corporation is a financial services company that provides wealth management, asset servicing, asset management, and banking solutions to corporations, institutions, families, and individuals. Northern Trust Corporation serves a diverse client base that includes retirement funds, foundations, endowments, fund managers, insurance companies, and affluent households, with offerings spanning custody, fund administration, investment operations outsourcing, securities lending, foreign exchange, treasury management, brokerage, and cash management.
The most recent item we track (Zacks Investment Research, 7 Oct 2026): "UBS to Deepen NTRS Tie-Up With Credit Suisse Fund Administration Deal". UBS Group is set to transfer former Credit Suisse fund administration businesses to Northern Trust, deepening the companies’ partnership while simplifying operations.
Northern Trust Corporation is a financial services company that provides wealth management, asset servicing, asset management, and banking solutions to corporations, institutions, families, and individuals. Northern Trust Corporation serves a diverse client base that includes retirement funds, foundations, endowments, fund managers, insurance companies, and affluent households, with offerings spanning custody, fund administration, investment operations outsourcing, securities lending, foreign exchange, treasury management, brokerage, and cash management. The company operates through its Asset Servicing and Wealth Management segments, combining client-focused advisory capabilities with operational support for complex investment and banking needs. Headquartered in Chicago, Illinois, Northern Trust Corporation is recognized in the global financial market for serving institutional and private clients through a broad mix of investment, trust, and banking services.
CEO Mr. Michael Gerard O'Grady · 23,600 employees · United States · https://www.northerntrust.com
