Morgan Stanley Reiterates Sell Rating on Northern Trust
Morgan Stanley sticks with a sell rating for Northern Trust, targeting $170, a 2.21% downside from the current price.
Key Points
- Morgan Stanley reiterated its sell rating for Northern Trust Corporation (NTRS) with a price target of $170 on June 29, 2026.
- Morgan Stanley's $170 price target implies 2.21% downside from Northern Trust Corporation's ($NTRS) current $173.84 share price.
- Shares of Northern Trust traded at $174.91 on Wednesday, with a market cap of $32.17 billion and a P/E ratio of 18.18.
- Other analysts like Citigroup and Truist Securities also maintained their ratings, with targets of $172 and $186 respectively.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Morgan Stanley's analyst Betsy Graseck reiterated a sell rating on Northern Trust Corporation (NasdaqGS: NTRS) with a price target of $170 on June 29, 2026. This rating reflects Morgan Stanley's cautious outlook on the financial holding company's stock.
Morgan Stanley vs. the S&P 500
Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.
Other Institutional Activity in Northern Trust
BlackRock, Inc. reduced its holdings in Northern Trust by 334,141 shares, ending with 14,369,855 shares valued at about $2.01 billion. Vanguard Capital Management LLC opened a new position with 11,783,530 shares worth approximately $1.64 billion. FMR LLC cut its stake by 3,037,471 shares, leaving it with 10,809,890 shares valued at roughly $1.51 billion. State Street Corp trimmed its holdings by 168,772 shares, resulting in a total of 9,082,748 shares worth $1.27 billion.
Northern Trust Corporation Stock Down 6.9%
Shares of Northern Trust Corporation traded near $174.91 on Wednesday. The company has a market cap of $32.17 billion, a P/E ratio of 18.18, and a forward P/E of 14.33. Northern Trust's stock has seen a 52-week range between $118.99 and $178.70, with a 50-day moving average of $167.75 and a 200-day moving average of $145.28.
$NTRS price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
Northern Trust reported revenue of $8.36 billion, with a revenue growth of 13.9%. The company's net margin stands at 22.36%, and it has a return on equity of 14.46%. The next earnings report is expected on July 22, 2026.
Dividend
Northern Trust offers an annual dividend rate of $3.20, yielding 1.84% with a payout ratio of 32.98%.
Insider Buying and Selling at Northern Trust Corporation
Recently, Aengus Hallinan, Executive Vice President, sold 3,668 shares on June 3, 2026, at an average price of $167.36. On June 1, 2026, he sold 2,707 shares at $166.82. Thomas South, also an Executive Vice President, sold 320 shares on May 22, 2026. In contrast, Robert Edward Moritz Jr. bought 225 shares on May 1, 2026, at $166.41.
Analysts Set New Price Targets
On June 29, 2026, Morgan Stanley reiterated its sell rating with a $170 price target. Citigroup maintained a hold rating with a $172 target on June 30, 2026. Truist Securities also kept its hold rating, setting a target of $186 on June 26, 2026. Wells Fargo maintained its hold rating with a $189 target on June 24, 2026.
About Northern Trust Corporation
Northern Trust Corporation is a financial holding company based in Chicago, Illinois. It provides wealth management, asset servicing, asset management, and banking solutions. The company operates mainly through two segments: Asset Servicing and Wealth Management. Northern Trust serves a diverse clientele, including corporations, institutions, families, and individuals, offering a wide range of financial services globally.
Bottom Line
Morgan Stanley's reiterated sell rating on Northern Trust highlights ongoing caution in the market's view of the company's stock. With its upcoming earnings report set for July 22, investors will be watching closely for any signs of change in its financial performance. As always, these analyst ratings and institutional moves are backward-looking and might not reflect current or future conditions.
Get Northern Trust Corporation alerts
New 13F filings, insider trades, and analyst moves on $NTRS, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.