NTRSO Overview

Stock Sale Announcement: David W. Fox Jr. intends to sell 20,000 shares of Northern Trust Corp's common stock on April 29, with a market value of approximately $3.36 million.

Shareholding Reduction: Fox has reduced his shareholding in Northern Trust by 4,705 shares since February 25, 2026, with a total value of around $677.23K.

Financial Performance: The company reported a revenue of US$1.98 billion, down 27% from the previous year, with net income decreasing by 53% to US$412.8 million and profit margin dropping to 21%. However, both revenue and EPS exceeded analyst estimates.

Market Outlook: Revenue is projected to grow at an average rate of 3.4% annually over the next three years, which is lower than the 6.2% growth forecast for the Capital Markets industry in the US, while the company's shares have declined by 2.3% in the past week.

Northern Trust Services: Northern Trust is providing fund administration, depositary, and banking services for Partners Group's first Long Term Asset Fund (LTAF), which focuses on private credit investment opportunities for pension funds and professional investors.

Partners Group Overview: Founded in 1996, Partners Group is a major player in the private markets industry with over $150 billion in assets under management, aiming to generate strong returns through various investment strategies across multiple asset classes.

Expansion of Quantitative Team: Northern Trust Asset Management has expanded its global quantitative investment strategies team by hiring 13 new personnel in Amsterdam, aiming to enhance their quantitative factor platform and innovate diversifying strategies.

Experienced New Hires: The new hires bring significant expertise in advanced quantitative investing techniques, including machine learning and sustainable investing, and will contribute to NTAM's goal of delivering impactful investment solutions globally.

Dividend Declaration: Northern Trust Corporation has declared a quarterly dividend of $0.2938 per share, consistent with previous payments.

Payment Details: The dividend is payable on April 1 to shareholders of record as of March 15, with an ex-dividend date of March 14, resulting in a forward yield of 5.69%.

Blockchain Initiative for Green Bonds: The National University of Singapore (NUS), Northern Trust, and UOB have launched a pioneering initiative to tokenize green bond credentials using blockchain technology, enhancing transparency and data integrity in ESG reporting.

Project Guardian Collaboration: This initiative is part of Project Guardian, led by the Monetary Authority of Singapore, aimed at improving liquidity and efficiency in financial markets through asset tokenization, marking a significant step towards aligning green finance practices with global standards.