Q1 EPS Estimates for State Street Lifted by Seaport Res Ptn

State Street Co. (NYSE:STT) – Analysts at Seaport Res Ptn increased their Q1 2025 earnings per share estimates for State Street in a research note issued to investors on Wednesday, January 22nd. Seaport Res Ptn analyst J. Mitchell now anticipates that the asset manager will post earnings of $2.01 per share for the quarter, up from their previous estimate of $1.87. The consensus estimate for State Street’s current full-year earnings is $9.43 per share. Seaport Res Ptn also issued estimates for State Street’s Q2 2025 earnings at $2.55 EPS, Q3 2025 earnings at $2.54 EPS, Q4 2025 earnings at $2.75 EPS, FY2025 earnings at $9.85 EPS, Q1 2026 earnings at $2.25 EPS, Q3 2026 earnings at $2.91 EPS, Q4 2026 earnings at $3.17 EPS and FY2026 earnings at $11.20 EPS.

STT has been the topic of several other reports. Morgan Stanley reduced their target price on State Street from $139.00 to $132.00 and set an “overweight” rating on the stock in a research note on Friday, January 3rd. JPMorgan Chase & Co. raised State Street from an “underweight” rating to a “neutral” rating and set a $95.00 target price on the stock in a research note on Friday, December 20th. StockNews.com raised State Street from a “hold” rating to a “buy” rating in a research note on Saturday. Wells Fargo & Company upped their price target on State Street from $108.00 to $118.00 and gave the stock an “overweight” rating in a research note on Thursday, January 2nd. Finally, Evercore ISI upped their price target on State Street from $89.00 to $94.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 16th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $100.73.

State Street Price Performance

STT opened at $99.09 on Friday. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.56 and a current ratio of 0.56. State Street has a 52-week low of $70.20 and a 52-week high of $101.91. The stock has a market capitalization of $29.05 billion, a PE ratio of 12.03, a price-to-earnings-growth ratio of 1.11 and a beta of 1.43. The stock’s 50 day moving average price is $97.93 and its 200-day moving average price is $90.18.

State Street (NYSE:STT) last posted its earnings results on Friday, January 17th. The asset manager reported $2.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.29 by $0.31. State Street had a return on equity of 12.60% and a net margin of 12.14%. The firm had revenue of $3.41 billion for the quarter, compared to analysts’ expectations of $3,267,560 billion. During the same period in the previous year, the firm earned $2.04 earnings per share. The business’s revenue was up 12.1% compared to the same quarter last year.

State Street Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, January 13th. Stockholders of record on Thursday, January 2nd were paid a $0.76 dividend. The ex-dividend date was Thursday, January 2nd. This represents a $3.04 dividend on an annualized basis and a dividend yield of 3.07%. State Street’s dividend payout ratio is currently 36.89%.

Insider Transactions at State Street

In other news, EVP Kathryn M. Horgan sold 12,500 shares of the company’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $97.97, for a total transaction of $1,224,625.00. Following the transaction, the executive vice president now directly owns 111,042 shares of the company’s stock, valued at $10,878,784.74. This represents a 10.12 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 0.31% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. KBC Group NV lifted its holdings in shares of State Street by 20.5% during the third quarter. KBC Group NV now owns 74,680 shares of the asset manager’s stock valued at $6,607,000 after purchasing an additional 12,707 shares in the last quarter. Asset Management One Co. Ltd. lifted its holdings in shares of State Street by 17.3% during the third quarter. Asset Management One Co. Ltd. now owns 137,040 shares of the asset manager’s stock valued at $12,124,000 after purchasing an additional 20,183 shares in the last quarter. Banque Cantonale Vaudoise lifted its holdings in shares of State Street by 118.9% during the third quarter. Banque Cantonale Vaudoise now owns 42,667 shares of the asset manager’s stock valued at $3,775,000 after purchasing an additional 23,171 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in State Street by 43.8% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 68,815 shares of the asset manager’s stock valued at $6,069,000 after acquiring an additional 20,968 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in State Street by 1.9% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 29,321 shares of the asset manager’s stock valued at $2,878,000 after acquiring an additional 535 shares during the period. 87.44% of the stock is owned by institutional investors.

About State Street

State Street Corporation, through its subsidiaries, provides a range of financial products and services to institutional investors worldwide. The company offers investment servicing products and services, including custody, accounting, regulatory reporting, investor, and performance and analytics; middle office products, such as IBOR, transaction management, loans, cash, derivatives and collateral, record keeping, and client reporting and investment analytics; finance leasing; foreign exchange, and brokerage and other trading services; securities finance and enhanced custody products; deposit and short-term investment facilities; investment manager and alternative investment manager operations outsourcing; performance, risk, and compliance analytics; and financial data management to support institutional investors.