$NTRS

15 stories mentioning NTRSUpdated 3d ago

Every FINWIRES story that references NTRS, newest first.

Sector Update: Financial Stocks Advance Premarket Monday

Financial stocks were advancing premarket Monday, with the State Street Financial Select Sector SPDR ETF (XLF) 0.8% higher.The Direxion Daily Financial Bull 3X Shares (FAS) was up 2% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 2.2% lower.Northern Trust (NTRS) has been selected to provide fund administration and related services to alternative asset manager Dawson Partners, the company said. Shares of Northern Trust were up more than 2% pre-bell.Bank of Hawaii (BOH) stock was up 3% after the company posted higher Q2 earnings and revenue.HSBC Holdings (HSBC) plans to launch an artificial intelligence facility in Singapore in H2 to develop AI capabilities that can be used across its global operations, the company said. Shares of HSBC Holdings were 0.6% higher pre-bell.

$BOH$FAS$FAZ$HSBC$NTRS$XLF

Sectors3d ago

Sector Update: Financial

$NTRS

Commodities3d ago

Exchange-Traded Funds, Equity Futures Higher Pre-Bell Monday as Oil Prices Fall

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.9%, and the actively traded Invesco QQQ Trust (QQQ) advanced 1.4% in Monday's premarket activity, as oil prices fell amid hopes of a US-Iran truce.US stock futures were also higher, with S&P 500 Index futures up 0.9%, Dow Jones Industrial Average futures advancing 1.2%, and Nasdaq futures gaining 1.4% before the start of regular trading.New orders for US durable goods rose by 0.3% in June following a decline of 4.0% in May, compared with the expectations for a larger increase of 1.8% in a survey compiled by Bloomberg.The Dallas Federal Reserve's manufacturing index for July will be released at 10:30 am ET.In premarket action, bitcoin was up by 0.6%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 1.5% higher, Ether ETF (EETH) rose 5.4%, and Bitcoin & Ether Market Cap Weight ETF (BETH) retreated marginally by 0.01%.Power Play:EnergyThe iShares US Energy ETF (IYE) declined by 2.1%, while the State Street Energy Select Sector SPDR ETF (XLE) fell 2.6%.TotalEnergies (TTE) stock was down more than 3% before market open after the company said it has decided to appeal a June 25 ruling by the Paris Judicial Court in a climate-related duty-of-vigilance case.Winners and Losers:IndustrialThe State Street Industrial Select Sector SPDR ETF (XLI) advanced 0.9%, the Vanguard Industrials Index Fund (VIS) gained 0.8%, and the iShares US Industrials ETF (IYJ) was 0.3% higher.United Airlines (UAL) stock was up more than 3%, while Delta Air Lines (DAL) shares rose 2.7% before the opening bell, a day after The Wall Street Journal reported that United pitched a merger deal to Delta last year, but the talks fizzled out without a deal after Delta declined to pursue the proposal.FinancialThe State Street Financial Select Sector SPDR ETF (XLF) advanced 0.8%. Direxion Daily Financial Bull 3X Shares (FAS) was up 1.8%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 2.2% lower.Northern Trust (NTRS) shares traded up 2% in early hours activity after the company said it has been selected to provide fund administration and related services to alternative asset manager Dawson Partners.TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) advanced 1.6%, the iShares US Technology ETF (IYW) was 1.6% higher, and the iShares Expanded Tech Sector ETF (IGM) was up 0.2%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) gained 2.6%, while the iShares Semiconductor ETF (SOXX) rose by 2.2%.Broadcom (AVGO) shares were up more than 2% in premarket activity after the company and Samsung Electronics said they signed a memorandum of understanding to expand their strategic collaboration across memory and foundry technologies to support next-generation artificial intelligence infrastructure.Health CareThe State Street Health Care Select Sector SPDR ETF (XLV) advanced 0.6%, the Vanguard Health Care Index Fund (VHT) was up 1.6%, while the iShares US Healthcare ETF (IYH) slipped 0.01%. The iShares Biotechnology ETF (IBB) was 0.5% higher.AstraZeneca (AZN) stock was up 1% premarket after the company reported higher Q2 core earnings and revenue.ConsumerThe State Street Consumer Staples Select Sector SPDR ETF (XLP) was up 0.1%, the Vanguard Consumer Staples Index Fund ETF Shares (VDC) advanced 0.1%, and the iShares US Consumer Staples ETF (IYK) was inactive. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) rose 1.1%. The VanEck Retail ETF (RTH) was inactive, while the State Street SPDR S&P Retail ETF (XRT) was 1.2% higher.Toyota Motor (TM) shares were up more than 1% pre-bell after the company said it signed a binding agreement with Volvo Group and Daimler Truck to acquire a one-third stake in fuel-cell joint venture cellcentric.CommoditiesFront-month US West Texas Intermediate crude oil declined by 5.7% to $84.24 per barrel on the New York Mercantile Exchange. Natural gas was down by 3.1% to $2.80 per 1 million British Thermal Units. The United States Oil Fund (USO) was down 6.2%, while the United States Natural Gas Fund (UNG) was 3.7% lower.Gold futures for November gained 0.7% to $4,156.50 an ounce on the Comex. Silver futures were up 0.8% to $59.35 an ounce. SPDR Gold Shares (GLD) increased 0.7%, and the iShares Silver Trust (SLV) was 1.3% higher.

Dow JonesNasdaq CompositeS&P 500$AVGO$AZN$BETH$BITO$DAL$EEM$EETH$EXI$FAS$FAZ$GLD$IBB$IGM$IGV$IPK$IVV$IWM$IYE$IYH$IYJ$IYK$IYW$NTRS$PMR$QQQ$RTH$SLV$SOXX$SPY$TM$TTE$UAL$UNG$USO$VDC$VHT$VIS$XLE$XLF$XLI$XLK$XLP$XLV$XLY$XRT$XSD

Research7d ago

RBC Downgrades Northern Trust to Sector Perform From Outperform, Price Target is $178

Northern Trust (NTRS) has an average rating of hold and mean price target of $183.96, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

$NTRS

Wire8d ago

Wells Fargo Adjusts Northern Trust Price Target to $194 From $189, Maintains Equal Weight Rating

Northern Trust (NTRS) has an average rating of hold and mean price target of $182.35, according to analysts polled by FactSet.Price: $179.09, Change: $-5.97, Percent Change: -3.23%

$NTRS

US Markets8d ago

Stocks Fall Pre-Bell Ahead of Alphabet, Tesla Earnings

The main US stock measures were pointing lower in Wednesday's premarket activity as investors await the latest financial results of technology giants Alphabet (GOOG, GOOGL) and Tesla (TSLA) and monitor the ongoing Middle East conflict.The S&P 500 declined 0.3%, the Dow Jones Industrial Average edged down 0.1% and the Nasdaq was off 0.7% before the opening bell. The indexes ended Tuesday trading higher following a three-day slump.Google parent Alphabet and electric vehicle manufacturer Tesla are scheduled to report their quarterly earnings after the markets close, along with Texas Instruments (TXN), IBM (IBM), ServiceNow (NOW) and CSX (CSX).Philip Morris International (PM), GE Vernova (GE), AT&T (T), Northern Trust (NTRS) and RPM International (RPM) are expected to post their results before the bell, among others.West Texas Intermediate crude oil gained 4.2% to $87.91 a barrel in premarket action, while Brent increased 4.1% to $94.76.The US Central Command said Tuesday its forces completed another round of strikes against Iran as part of attempts to degrade its ability to threaten commercial ships in the Strait of Hormuz.At the ASEAN foreign ministers' meeting in the Philippines on Wednesday, US Secretary of State Marco Rubio accused Iran of not being serious about peace talks with the US, CNBC reported.Rubio reportedly said a key sticking point in talks with Iran was Tehran's demand for the right to control traffic through the Strait of Hormuz, arguing that allowing any country to control an international waterway would set a dangerous precedent.Treasury yields were mixed before the open, with the two-year rate down 0.1 basis points to 4.26% while the 10-year rate inclined 0.2 basis points to 4.63%.In a social media post on Tuesday, President Donald Trump said the import of all generic drugs into the US will be subject to zero tariffs for a two-year period, effective Aug. 1. Tariffs on the drugs would then rise to 100% for one year before increasing to 200% thereafter, according to Trump."This is done in order to reshore generic pharmaceutical production into America, with a penalty to those companies that decide not to build plant and equipment within the stated period of time given to them," Trump said.Wednesday's economic calendar has the weekly mortgage applications bulletin at 7 am ET, followed by the weekly EIA domestic petroleum inventories report at 10:30 am.Shares of Super Micro Computer (SMCI) jumped 17% before the bell after the company said it received more than $60 billion in new orders during its fiscal fourth quarter and raised its gross margin outlook. Dell Technologies gained 4.6% after closing the previous session up 6%.Alaska Air (ALK) decreased 1.3% as the airline issued a downbeat third-quarter earnings outlook and swung to a second-quarter loss. Rocket Lab (RKLB) advanced 4.5%.Gold traded up 1.2% at $4,124 per troy ounce, while bitcoin was down 0.7% at $65,922.

Dow JonesNasdaq CompositeS&P 500$ALK$CSX$DELL$GE$GOOG$GOOGL$IBM$NOW$NTRS$PM$RKLB$RPM$SMCI$T$TSLA$TXN

US Markets23d ago

Major US Banks' Second-Quarter Earnings Poised for Upside, BofA Says

Major US banks could top second-quarter earnings expectations amid gains from capital markets activity, with JPMorgan Chase (JPM) and Wells Fargo (WFC) seen as having the "most interesting" setups heading into the results, BofA Securities said Tuesday.JPMorgan, Wells Fargo, Citigroup (C), Goldman Sachs (GS), Morgan Stanley (MS), Bank of New York Mellon (BNY), State Street (STT), and Northern Trust (NTRS) may also raise their guidance for the second half of the year and 2027, the brokerage said. Several mega-cap banks are scheduled to release their quarterly results next week.BofA revised its second-quarter earnings-per-share estimates for the eight banks by 1.8% on average, indicating year-over-year growth of 27%."Capital markets should drive EPS beats, but it is the non-capital markets results that are more likely to drive stock price action," BofA analyst Ebrahim Poonawala said in a note to clients. "While (Wall) Street tends to look past trading/investment banking beats, potential for positive net interest income revisions and stronger wealth management flows likely get rewarded despite a high bar."JPMorgan and Wells Fargo have the "most interesting" setups heading into the latest prints, according to the note.JPMorgan's stock offers "the most asymmetric risk/reward," BofA said. The brokerage revised its second-quarter EPS estimate for the banking giant to $5.59 from $5.48 amid robust capital markets revenue growth. BofA raised its price target on the stock to $408 from $362.For Wells Fargo, the brokerage continues to expect second-quarter EPS of $1.72. It raised its price target on the lender's shares to $102 from $95. BofA, however, said investors must regain confidence that Wells Fargo can deliver superior growth without materially deviating from its 17% to 18% ROTCE guidance.Citigroup's stock is discounting a "significant" improvement in its return on tangible common equity, which could lead investors to seek better entry points for the stock, BofA said. The brokerage is now projecting second-quarter EPS of $2.65 for the bank, up from $2.60 previously. BofA raised its price target on the stock to $176 from $170.For Goldman, the brokerage now expects second-quarter EPS of $14.11, up from $13.18 previously. BofA boosted its price target on the stock to $1,150 from $1,050. "While there is little disagreement on the strong revenue backdrop for (Goldman), we believe investors will need to gain confidence in EPS/ROE defensibility, in order to gain comfort in holding the stock following the (year-to-date) outperformance," Poonawala said.BofA raised its second-quarter EPS forecast for Morgan Stanley to $2.81 from $2.71, also citing stronger capital markets revenue growth. The brokerage lifted its price target on the shares to $250 from $225.Price: $337.84, Change: $+0.11, Percent Change: +0.03%

$BNY$C$GS$JPM$MS$NTRS$STT$WFC

Sectors45d ago

Sector Update: Financial Stocks Advance Pre-Bell Monday

Financial stocks were advancing pre-bell Monday, with the State Street Financial Select Sector SPDR ETF (XLF) 0.7% higher.The Direxion Daily Financial Bull 3X Shares (FAS) was up 2.2% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 2.2% lower.Payoneer Global (PAYO) and Nuvei said they have entered into a definitive agreement under which Nuvei will acquire Payoneer for $7.40 per share in cash, representing a total deal equity value of about $2.75 billion. Shares of Payoneer Global were up more than 4% premarket.Northern Trust (NTRS) stock was up more than 1% after the company said it obtained a license from the Central Bank of Ireland to launch a new domestic banking branch.eToro (ETOR) is pursuing acquisitions and considering an expansion into payments and banking services as the online trading platform looks to diversify its business, the Financial Times reported, citing CEO Yoni Assia. Shares of eToro were 2% higher pre-bell.

$ETOR$FAS$FAZ$NTRS$PAYO$XLF

Insider Trading93d ago

Northern Trust Insider Sold Shares Worth $462,056, According to a Recent SEC Filing

Clive Bellows, Co-President, Asset Servicing, on April 24, 2026, sold 2,800 shares in Northern Trust (NTRS) for $462,056. Following the Form 4 filing with the SEC, Bellows has control over a total of 28,217 common shares of the company, with 28,217 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/73124/000202722426000009/xslF345X05/wk-form4_1777407457.xml

$NTRS

Wire99d ago

Northern Trust Expands Saphyre Collaboration to Enhance Account Lifecycle Automation

Northern Trust (NTRS) said Wednesday it expanded its collaboration with Saphyre to enhance its capabilities for supporting structured, rules-based workflows across the full account lifecycle for investment operations outsourcing clients.The offering enables clients to manage the full lifecycle of account events with greater transparency, control, and efficiency, while a centralized workflow supports data consistency and strengthens operational governance.Automation and exception management also reduce manual effort and operational risk, while faster execution of time-sensitive events supports improved client service outcomes, according to a statement.Shares of Northern Trust were down nearly 2% in Wednesday trading.Price: $168.41, Change: $-3.33, Percent Change: -1.94%

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Japan100d ago

US Equity Markets Fall as Crude Oil Rises on Renewed Uncertainty Over Iran Talks

US equity indexes closed lower on Tuesday as crude oil prices climbed amid renewed uncertainty over stalled US-Iran peace talks.* President Donald Trump told CNBC that he expects the US and Iran to make a "great deal," referring to the proposed second round of talks in Islamabad that Iran has yet to confirm it will attend.* Iran has told regional mediators it would send a negotiating team to Islamabad on Tuesday, the Wall Street Journal reported.* US retail sales rose 1.7% in March, compared with February's revised 0.7% gain and above the 1.4% increase expected in a Bloomberg survey.* The National Association of Realtors said pending home sales rose 1.5% in March, above the 0.5% increase expected in a survey compiled by Bloomberg and following a 2.5% gain in February. Sales fell 1.1% from March 2025.* May West Texas Intermediate crude oil rose $3.93 to settle at $91.35 per barrel, while June Brent crude, the global benchmark, was last seen up $5.29 at $100.77.* Northern Trust (NTRS) shares rose 8%, the biggest gainer on the S&P 500, after the company reported higher Q1 earnings and revenue.* Tractor Supply (TSCO) shares fell 12%, the largest drop on the S&P, after the company reported Q1 results that missed market projections amid a below-average performance of its companion animal product business.

Dow JonesNasdaq Composite$NTRS$SPX$TSCO

Research100d ago

Research Alert: CFRA Keeps Hold Opinion On Shares Of Northern Trust Corp.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We raise our target by $9 to $171, using a wider equity risk premium and forward P/E of 15.5x, a premium to the three-year historical average on operating earnings of 14.9x and five-year average of 15.1x. We raise our 2026 EPS estimate by $1.50 to $11.00 and 2027's by $1.40 to $11.75 on projected revenues of $8.8B (prior $8.6B) and $9.3B (8.9B), respectively. Shares have a dividend yield of 2.0%, and their 1.24 beta means they have slightly higher price volatility than the equity market. We think the bank's key metrics to drive shareholder value are organic revenue growth and wider margins. NTRS did not provide earnings guidance for Q2 2026 or full-year 2026. The bank raised its full-year NII outlook to mid-single-digit Y/Y growth. We like that AUM continues to grow with elevated equity markets and new inflows in both Asset Servicing and Wealth Management segments. Pretax margins continue to widen to 32% in Q1 2026 from 27.1% a year ago. NTRS bought back $359M and paid $151M in dividends in Q1 2026.

$NTRS

Sectors100d ago

Sector Update: Financial Stocks Advance Pre-Bell Tuesday

Financial stocks were advancing pre-bell Tuesday, with the State Street Financial Select Sector SPDR ETF (XLF) up 0.2%.The Direxion Daily Financial Bull 3X Shares (FAS) was 0.7% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 0.4%.MSCI (MSCI) shares were up more than 3% after the company reported higher Q1 adjusted earnings and operating revenue.Northern Trust (NTRS) stock was up more than 1% after the company reported higher Q1 earnings and revenue.Atlantic Union Bankshares (AUB) shares were up nearly 2% after the company posted higher Q1 adjusted operating earnings and revenue.

$AUB$FAS$FAZ$MSCI$NTRS$XLF

Research100d ago

Research Alert: Ntrs Delivers Earnings Beat, But Revenue Miss In Q1 2026

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:NTRS delivered Q1 2026 EPS of $2.71, up 43% Y/Y, though revenue of $2.21B (up 14% Y/Y) was weaker than expected. Net interest income rose 15% Y/Y to $662M, benefiting from higher deposits and lower funding costs, while noninterest expenses increased only 6% Y/Y, demonstrating disciplined expense management. We believe NTRS's strong NII growth and operating leverage position the bank well as a methodical asset management and custody leader. Management expected to reaffirm its 13%-15% ROE target range and expect mid-single digit NII growth. Assets under custody/administration grew to $18.6T (up 10% Y/Y) and assets under management reached $1.8T (up 11% Y/Y), due to favorable market conditions and net new business. The board authorized a 7% dividend hike following strong capital ratios, with CET1 at 12.0% under the standard approach. We expect elevated equity markets and greater wealth accumulation to benefit NTRS as a premier private bank for high net worth individuals. More details after investor call.

$NTRS

Wire105d ago

Northern Trust to Build Tokenized Asset Custody Capabilities

Northern Trust (NTRS) said Thursday it has struck a deal with Digital Asset Holdings to develop custody workflows for tokenized financial assets on the Canton Network, a public blockchain.Under the agreement, the company said it will integrate with Canton's infrastructure to launch applications that support custody and asset servicing workflows for network participants.Price: $157.02, Change: $+0.95, Percent Change: +0.61%

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