Northern Trust stock gained 1.30 percent as JPMorgan cut its target

Published on 10/04/2026 at 22:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Northern Trust stock carries a USD 185 JPMorgan target after the bank cut it from USD 185.50 on October 2, 2026. Q2 EPS reached USD 4.23 against USD 2.71 consensus.

Aquarellmalerei einer generischen Skyline bei Sonnenuntergang mit Spiegelung im Wasser — Northern Trust Corp., ISIN US6658591044, symbolisiert durch Aquarellgemälde einer generischen Großstadt-Skyline am Fluss, Illustration mit AI erstellt.

Northern Trust stock (ISIN US6658591044) gained 1.30 percent to USD 171.40 on Nasdaq on October 2, 2026, while its market capitalization stood at USD 31.4 billion. JPMorgan cut its price target to USD 185 from USD 185.50 and retained a Neutral rating, according to Markets Insider on October 2, 2026.

JPMorgan trims its target

The new target sits USD 13.60 above the October 2 share price, equal to 7.9 percent upside. The change is modest, but it leaves JPMorgan below the broader consensus target of USD 180.93.

MarketBeat reports a Hold consensus based on four Buy, nine Hold and two Sell ratings. The average target of USD 180.93 is 5.6 percent above the October 2 price, keeping the analyst picture cautious rather than uniformly bullish.

Q2 earnings set a high bar

Northern Trust reported second-quarter 2026 earnings per share of USD 4.23 against a USD 2.71 consensus estimate, a USD 1.52 beat, according to MarketBeat. Revenue reached USD 2.71 billion, up 35.1 percent from the same quarter a year earlier, while prior-year EPS was USD 2.13.

The next test is already dated. Northern Trust said in its September 24, 2026 release that it will publish third-quarter results on October 21, 2026, before an 8:00 a.m. CT earnings webcast, according to Northern Trust. The September quarter consensus is USD 2.80 per share, according to Zacks.

Northern Trust stock stays below its high

Northern Trust stock was last at USD 171.40 on Nasdaq on October 2, 2026, with volume of 1,119,011 shares. The 52-week range was USD 121.12 to USD 195.78, placing the stock 12.4 percent below its yearly high.