Ariel Investments released its second-quarter 2025 investor letter, noting market volatility and strong recovery. U.S. indices hit all-time highs, with growth stocks outperforming value stocks. Ariel Fund returned 6.96%, lagging behind Russell 2500 Value Index but exceeding Russell 2000 Value Index. Top picks for 2025 included Northern Trust Corporation (NASDAQ:NTRS), up 5.89% in one month.

Northern Trust Corporation (NASDAQ:NTRS) gained 46.81% in the last 52 weeks, closing at $127.93 per share on July 18, 2025. Ariel Fund highlighted its strength and stability, with rumors of a potential merger with Bank of New York Mellon. Hedge funds reduced holdings, preferring AI stocks with greater upside potential.

Northern Trust Corporation (NASDAQ:NTRS) saw an 8% jump on firm independence. Ariel Fund praised its diversified products and strong quarterly earnings. Despite hedge funds reducing holdings, Northern Trust remains a trusted name with stability and a conservative approach in navigating market volatility. Exciting times ahead for investors.

Read more at Yahoo Finance: Northern Trust Corporation (NTRS) Rose on Strong Earnings and a Merger Rumor