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NTRS · NASDAQ · STOCK

Northern Trust (NTRS) Stock Analysis

Financial Services Updated August 23, 2026
$184.01
52W $121.12 – $195.78
68/100
$33.65B
15.7
1.26
AI Committee Verdict
Buy
68/100
Conviction: Unanimous · 100% agreement · 4 analysts
-27.4%
Unanimous

Is NTRS Bullish or Bearish?

Bullish. Innellis AI committee rates Northern Trust Corporation (NTRS) Buy with a composite score of 68/100 , based on 4 analysts with 100% agreement. Last updated August 23, 2026.

What Would Change This View

Upgrade to Strong Buy
Requires a committee score of 75.0 — +7.36 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Watch
Requires the score to fall below 55.0 — -12.64 from today. The band boundary is 60.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

The primary driver is 3 consecutive earnings beats -- consistent execution. The main limiting factor is sector concentration is already high (hhi 3069.37). The committee is constructive but not yet at full conviction.

Bull & Bear Case

Bull Case
  • 3 consecutive earnings beats -- consistent execution — Growth
  • Quarter-over-quarter growth rate is ACCELERATING, not just positive — Growth
  • Price structure making higher highs and higher lows — Technical
  • Trend and market structure agree -- coherent bullish picture — Technical
  • Weekly trend (uptrend) confirms the daily trend -- multi-timeframe agreement — Technical
Bear Case
  • MACD histogram negative -- bearish momentum — Technical
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of August 23, 2026
Overall Committee Score
68/100
Agreement
100%
Analysts
4
Conviction
Unanimous
Sector Rank
Top 12%
of 211 Financial Services peers
Growth Analyst bullish
82 / 100 · Moderate confidence
Strong, accelerating growth with consistent execution
+ 3 consecutive earnings beats -- consistent execution
Technical Analyst bullish
61 / 100 · High confidence
Price action is constructive -- trend and momentum agree
+ Price structure making higher highs and higher lows
− MACD histogram negative -- bearish momentum
Macro Analyst bullish
65 / 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
News Analyst bullish
62 / 100 · Low confidence
News flow and recent filings/analyst actions are net positive
Portfolio Manager neutral
45 / 100 · High confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− Sector concentration is already high (HHI 3069.37)
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Investment Thesis Evolution

Committee score strengthened from 59.3 to 67.6.

Analyst-level changes:
  • Growth Analyst: score 79->82 (+4).
  • Risk Analyst abstained (was bearish at 32).
  • Value Analyst abstained (was neutral at 56).

Comparing 2026-08-22 to 2026-08-23 (1 day apart).

Technical Analysis

RSI (14)
40.7
Neutral
MACD Histogram
-0.655
Bearish Momentum
Trend Direction
Uptrend
Weekly: Uptrend
Market Structure
Hh Hl
Bollinger %B
0.42
Inside Bands
Price vs Moving Averages
EMA 9
$186.53 Below
EMA 21
$185.52 Below
EMA 50
$180.81 Above
EMA 200
$159.04 Above

Fundamental Analysis

Valuation
94
Growth
86
Profitability
63
Financial Health
83
Cash Flow
70
Valuation
P/E Ratio 15.7×
P/B Ratio 2.52×
PEG Ratio 0.42
Dividend Yield 1.74%
52W High $195.78
52W Low $121.12
Quality & Growth
ROE 1340.4%
ROA 98.1%
Gross Margin 5978.1%
Operating Margin 1982.7%
Revenue Growth YoY
Debt / Equity 1.18
AI Fundamental Assessment
P/E ratio of 15.7 (inexpensive relative to a 15-40x range); Price-to-book of 2.5x; PEG ratio of 0.4 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 13.4%; Return on assets of 1.0%; Net margin of 14.8%; Gross margin of 59.8%; Current ratio of 4.99 (healthy short-term liquidity); Debt-to-equity of 1.18; Free cash flow per share is positive (0.71); Most recent quarter beat estimates by 7.5%; 3 consecutive earnings beats; EPS growth accelerating (+0.7% -> +9.6% QoQ); Average YoY EPS growth of 39.4%; Analyst estimates rising over recent quarters
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