State Street Co. (NYSE:STT – Free Report) – Equities researchers at Zacks Research increased their Q3 2025 earnings per share estimates for shares of State Street in a research note issued to investors on Monday, February 24th. Zacks Research analyst R. Department now forecasts that the asset manager will post earnings per share of $2.47 for the quarter, up from their prior estimate of $2.46. The consensus estimate for State Street’s current full-year earnings is $9.68 per share. Zacks Research also issued estimates for State Street’s Q4 2026 earnings at $2.76 EPS.
STT has been the subject of a number of other reports. Wells Fargo & Company increased their price target on State Street from $108.00 to $118.00 and gave the company an “overweight” rating in a research note on Thursday, January 2nd. Morgan Stanley dropped their price target on State Street from $139.00 to $132.00 and set an “overweight” rating for the company in a research note on Friday, January 3rd. StockNews.com upgraded State Street from a “hold” rating to a “buy” rating in a research note on Thursday. Truist Financial dropped their price target on State Street from $106.00 to $104.00 and set a “hold” rating for the company in a research note on Tuesday, January 21st. Finally, Keefe, Bruyette & Woods upgraded State Street from a “market perform” rating to an “outperform” rating and increased their price target for the company from $105.00 to $120.00 in a research note on Tuesday, December 3rd. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $100.73.
State Street Trading Up 0.2 %
Shares of STT stock opened at $97.57 on Thursday. The stock’s fifty day moving average price is $98.57 and its two-hundred day moving average price is $93.35. The company has a market cap of $28.15 billion, a PE ratio of 11.84, a P/E/G ratio of 1.11 and a beta of 1.43. State Street has a fifty-two week low of $70.20 and a fifty-two week high of $103.00. 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 (NYSE:STT – Get Free Report) last issued its earnings results on Friday, January 17th. The asset manager reported $2.60 earnings per share for the quarter, beating analysts’ consensus estimates of $2.29 by $0.31. The firm had revenue of $3.41 billion for the quarter, compared to the consensus estimate of $3.27 billion. State Street had a return on equity of 12.60% and a net margin of 12.14%. The company’s revenue was up 12.1% compared to the same quarter last year. During the same quarter last year, the business posted $2.04 EPS.
State Street Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, April 11th. Investors of record on Tuesday, April 1st will be given a $0.76 dividend. The ex-dividend date is Tuesday, April 1st. This represents a $3.04 annualized dividend and a yield of 3.12%. State Street’s dividend payout ratio (DPR) is presently 36.89%.
Insider Buying and Selling
In other State Street news, Director Gregory L. Summe sold 10,815 shares of the company’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $100.00, for a total transaction of $1,081,500.00. Following the completion of the sale, the director now directly owns 100,023 shares in the company, valued at $10,002,300. This represents a 9.76 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Ann Fogarty sold 3,705 shares of the company’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $99.47, for a total transaction of $368,536.35. Following the sale, the executive vice president now owns 50,816 shares of the company’s stock, valued at approximately $5,054,667.52. The trade was a 6.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.31% of the stock is owned by company insiders.
Institutional Trading of State Street
Several institutional investors have recently added to or reduced their stakes in STT. Adero Partners LLC raised its stake in shares of State Street by 3.6% during the fourth quarter. Adero Partners LLC now owns 2,900 shares of the asset manager’s stock valued at $285,000 after acquiring an additional 100 shares during the last quarter. Peapack Gladstone Financial Corp boosted its position in shares of State Street by 2.0% during the third quarter. Peapack Gladstone Financial Corp now owns 5,283 shares of the asset manager’s stock valued at $467,000 after purchasing an additional 103 shares in the last quarter. Jacobi Capital Management LLC lifted its position in State Street by 1.0% during the fourth quarter. Jacobi Capital Management LLC now owns 12,232 shares of the asset manager’s stock valued at $1,201,000 after buying an additional 121 shares during the period. Moors & Cabot Inc. lifted its position in State Street by 0.7% during the fourth quarter. Moors & Cabot Inc. now owns 18,332 shares of the asset manager’s stock valued at $1,799,000 after buying an additional 131 shares during the period. Finally, Apollon Wealth Management LLC lifted its position in State Street by 1.4% during the fourth quarter. Apollon Wealth Management LLC now owns 10,050 shares of the asset manager’s stock valued at $986,000 after buying an additional 138 shares during the period. 87.44% of the stock is currently owned by hedge funds and other institutional investors.
State Street Company Profile
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.
Further Reading
- Five stocks we like better than State Street
- Comparing and Trading High PE Ratio Stocks
- Volatility Is Back: 3 Stocks To Cushion the S&P 500’s Swings
- Trading Halts Explained
- 2 Catalysts That Could Push NVIDIA Stock Up 30% This Year
- What Does a Gap Up Mean in Stocks? How to Play the Gap
- Do GM Stock Buybacks Make the Stock Buyable For Investors?
Receive News & Ratings for State Street Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for State Street and related companies with MarketBeat.com's FREE daily email newsletter.