Northern Trust Corporation’s Stock Price Skyrockets to $102.51, Marking a Stellar 7.02% Uptick

Northern Trust Corporation (NTRS)

102.51 USD +6.72 (+7.02%) Volume: 3.91M

Northern Trust Corporation’s stock price is currently standing at 102.51 USD, showcasing a positive surge of +7.02% this trading session with a trading volume of 3.91M. Year-to-date, NTRS has experienced an encouraging upward trajectory of +21.49%, underlining a robust performance in the market.

Latest developments on Northern Trust Corporation

Artemis Investment Management recently outsourced equities and derivatives trading to Northern Trust, leading to a surge in the corporation’s quarterly profit. The third-quarter earnings report showed a significant jump in EPS to $2.22, surpassing consensus estimates. This strong performance was driven by higher fees from asset management, causing Northern Trust stock to soar and reach a 52-week high. The collaboration with Hamilton Lane for advanced private market analytics further boosted investor confidence, resulting in a 4% increase in stock price. Analyst projections for key metrics also revealed positive insights into Northern Trust‘s Q3 earnings, indicating a promising outlook for the company’s future.

A look at Northern Trust Corporation Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Looking at the Smartkarma Smart Scores for Northern Trust, the company seems to have a positive long-term outlook. With high scores in Resilience and Dividend, Northern Trust appears to be a stable and reliable option for investors. Additionally, its strong scores in Growth and Momentum indicate potential for future expansion and upward movement in the market.

As a financial holding company that offers a range of services including investment management and banking solutions, Northern Trust Corporation seems well-positioned for success. Its solid scores across various factors suggest that the company is on a path towards continued growth and profitability in the foreseeable future.

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