Northern Trust Corporation (NASDAQ:NTRS) is a financial services company based in Chicago. It operates in the finance sector, providing asset servicing, fund administration, and wealth management services. The company is known for its strong dividend offerings, making it appealing to investors seeking steady income. Northern Trust competes with other financial institutions like State Street and BNY Mellon.
On September 29, 2025, Morgan Stanley maintained its "Underweight" rating for Northern Trust, suggesting caution in the stock's performance. Despite this, Morgan Stanley raised the price target from $110 to $131, indicating some optimism. At the time, the stock was priced at $133.31, reflecting a significant year-to-date price change of 28.18%.
Northern Trust is recognized as a strong momentum stock by Zacks Investment Research. The Zacks Style Scores, which rate stocks based on value, growth, and momentum, highlight Northern Trust's potential to outperform the market in the short term. This analysis suggests that the company is well-positioned for strong near-term performance.
The stock's current price of $133.31 represents a 1.47% increase, or $1.93, from the previous day. It has fluctuated between $131.70 and $135 during the trading day, with $135 being the highest price in the past year. The company's market capitalization is approximately $25.49 billion, with a trading volume of 1,173,714 shares.
Northern Trust's dividend offerings are a key attraction for investors. Dividends are a significant component of long-term returns, often contributing to more than one-third of total returns. The company's consistent dividend payments make it an attractive option for those focused on generating steady cash flow from their investments.