SCHEDULE: FMR LLC Discloses Stake in Northern Trust Corp
Beneficial Ownership Filing
FMR LLC and Abigail P. Johnson have reported a beneficial ownership of 5.8% in Northern Trust Corp as of March 31, 2026.
Summary
- FMR LLC, along with Abigail P. Johnson, has filed a Schedule 13G, indicating their beneficial ownership of Northern Trust Corp's common stock.
- The filing, dated March 31, 2026, shows a total of 10,787,489.27 shares beneficially owned, representing 5.8% of the class of securities.
- FMR LLC holds sole voting power over 6,678,645.49 shares and sole dispositive power over 10,787,489.27 shares.
- Abigail P. Johnson is identified as an "IN" type reporting person, while FMR LLC is an "HC" type.
- The filing also notes that while other persons have the right to receive or direct dividends/proceeds from the sale of these shares, no single other person's interest exceeds five percent.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it solely reports on beneficial ownership and does not provide performance data or strategic updates for Northern Trust Corp.
Positives
- FMR LLC and Abigail P. Johnson maintain a significant stake in Northern Trust Corp, demonstrating continued investment interest.
- The reporting persons hold substantial sole dispositive power over the shares, indicating direct control over investment decisions.
- The filing is an amendment to a previous filing, suggesting ongoing management of the investment rather than a new acquisition.
Negatives
- The filing does not contain information about the company's performance, only the ownership stake of FMR LLC and Abigail P. Johnson.
Risks
- The filing does not explicitly mention any risks associated with Northern Trust Corp's business operations or the investment itself.
Future Outlook
This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding Northern Trust Corp's future performance.
Management Comments
- "This filing reflects the securities beneficially owned, or that may be deemed to be beneficially owned, by FMR LLC, certain of its subsidiaries and affiliates, and other companies (collectively, the 'FMR Reporters')."
- "This filing does not reflect securities, if any, beneficially owned by certain other companies whose beneficial ownership of securities is disaggregated from that of the FMR Reporters..."
- "Members of the Johnson family, including Abigail P. Johnson, are the predominant owners, directly or through trusts, of Series B voting common shares of FMR LLC, representing 49% of the voting power of FMR LLC."
- "Accordingly, through their ownership of voting common shares and the execution of the shareholders' voting agreement, members of the Johnson family may be deemed, under the Investment Company Act of 1940, to form a controlling group with respect to FMR LLC."
Industry Context
StockSavvy.ai notes that this Schedule 13G filing by FMR LLC, a major investment management firm, indicates a significant institutional holding in Northern Trust Corp, a prominent player in the financial services sector, particularly in trust, asset servicing, and wealth management.
Related Party Transactions
- The filing mentions that members of the Johnson family are predominant owners of FMR LLC and have entered into a shareholders' voting agreement, which may deem them a controlling group with respect to FMR LLC.
Stakeholder Impact
- Shareholders of Northern Trust Corp may view the continued significant holding by FMR LLC as a positive indicator of institutional confidence.
- The disclosure provides transparency to the market regarding the ownership structure of Northern Trust Corp.
Next Steps
- Continue to monitor future SEC filings from FMR LLC and Northern Trust Corp for any changes in ownership or corporate actions.
Key Dates
| Date | Description |
|---|---|
| 04/13/2026 | Effective date for Power of Attorney for FMR LLC and Abigail P. Johnson. |
| 04/29/2026 | Date of prior Schedule 13G filing by FMR LLC. |
| 03/31/2026 | Date of Event Which Requires Filing of this Statement (Reporting period end date). |
| 05/05/2026 | Date of joint filing of Schedule 13G by FMR LLC and Abigail P. Johnson. |
Keywords
Northern Trust Corp, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Investment, SEC Filing, Financial Services
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