Summary
Northern Trust Corp's (NASDAQ: NTRS) Chief Operating Officer, Peter Cherecwich, executed a sale of company common stock on January 26, 2026, according to a Form 4 filing with the Securities and Exchange Commission. The sale comprised 25,000 shares and generated approximately $3.74 million based on a weighted average sale price between $149.45 and $149.79.
Transaction details
The Form 4 filing shows the shares were sold while NTRS shares were trading close to $149.96. InvestingPro analysis cited in the filing indicates the stock is trading at Fair Value. The aggregate dollar value reported for the transaction is $3.74 million, reflecting the weighted average price range reported on the filing.
Following the disposition, Cherecwich's direct holdings in Northern Trust stand at 23,851 shares. In addition to direct ownership, the filing lists indirect holdings of 26,259 shares held in a Trust, 4,397 shares held in a 2023 GRAT, and 6 shares held by a Spouse's Trust.
Company financial and market snapshot
Northern Trust's market capitalization is reported at $27.95 billion and the company has delivered a 38.22% return over the past 12 months. The stock is trading at a price-to-earnings ratio of 17.18. Analyst price targets cited in InvestingPro data span from $130 to $175.
The bank has maintained dividend distributions for 56 consecutive years and currently yields 2.13%.
Recent earnings and analyst reactions
Northern Trust reported fourth-quarter 2025 results that exceeded consensus expectations. The company posted earnings per share of $2.42 versus the $2.36 forecast, and revenue of $2.14 billion compared with an anticipated $2.06 billion.
Following the earnings release, several brokerages adjusted price targets while leaving their ratings intact. TD Cowen raised its price target to $175 and maintained a Buy rating, citing stronger pre-tax pre-provision income and lower provision expense. RBC Capital increased its price target to $159 while maintaining an Outperform rating, highlighting robust revenue growth and positive operating leverage. Evercore ISI lifted its price target to $155 and kept an "In Line" rating, noting improved momentum driven by strong market levels across Northern Trust's business segments.
Context and concluding notes
The insider sale by the COO is documented through the SEC filing and the company's recent performance metrics and analyst commentary are reported as indicated above. InvestingPro's Fair Value assessment and the range of analyst price targets are noted in the same reporting. Additional in-depth analysis of Northern Trust is available through the InvestingPro Pro Research Report referenced in the data, which covers a broad set of U.S. equities.