Is Northern Trust Stock Outperforming the Nasdaq?

With a market cap of $25.4 billion, Northern Trust Corporation (NTRS) provides wealth management, asset servicing, asset management, and banking solutions to institutions, corporations, and high-net-worth individuals. The company operates through two main segments: Asset Servicing, which delivers custody, fund administration, and investment-related services to institutional investors, and Wealth Management, which offers trust, investment, and private banking services to individuals and families. 

Companies valued less than $10 billion are generally classified as “mid-cap” stocks, and Northern Trust fits this criterion perfectly. It also provides a wide range of asset management products, including equity, fixed income, multi-asset, and alternative investments, along with risk management and advisory solutions.

Shares of the Chicago, Illinois-based company have decreased 13.2% from its 52-week high of $157.60. NTRS stock has fallen marginally over the past three months, a less pronounced decline than the Nasdaq Composite’s ($NASX) 2.3% drop over the same time frame. 

NTRS stock has risen marginally on a YTD basis, outpacing NASX’s 3.3% dip. Moreover, shares of Northern Trust have soared 38.6% over the past 52 weeks, compared to NASX’s 28.4% return over the same time frame. 

The stock has been trading below its 50-day and 200-day moving averages since May 2025. However, it has fallen below its 50-day moving average since March this year.

Shares of Northern Trust jumped over 6% on Jan. 22 after the company reported Q4 2025 results, with EPS of $2.42 and revenue of $2.14 billion, both exceeding the consensus. The upside was driven by robust net interest income of $654.3 million (well above the estimate) and solid servicing fee growth, with trust and investment fees reaching $1.31 billion and asset servicing income rising 23% year-over-year. 

In comparison, rival T. Rowe Price Group, Inc. (TROW) has lagged behind NTRS stock. TROW stock has dropped 13.7% on a YTD basis and 6.3% over the past 52 weeks.

Despite the stock’s strong performance, analysts remain cautious on its prospects. NTRS stock has a consensus rating of “Hold” from the 17 analysts in coverage, and the mean price target of $159.03 is a premium of 16.3% to current levels.