Zacks Research Raises Earnings Estimates for State Street

State Street Co. (NYSE:STT) – Equities researchers at Zacks Research upped their Q1 2025 EPS estimates for State Street in a research note issued on Thursday, February 6th. Zacks Research analyst R. Department now forecasts that the asset manager will earn $1.92 per share for the quarter, up from their previous estimate of $1.80. The consensus estimate for State Street’s current full-year earnings is $9.60 per share. Zacks Research also issued estimates for State Street’s Q4 2025 earnings at $2.62 EPS, FY2025 earnings at $9.47 EPS, Q1 2026 earnings at $2.15 EPS and FY2027 earnings at $11.08 EPS.

STT has been the subject of several other reports. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $103.00 price objective (down from $104.00) on shares of State Street in a research note on Wednesday, January 22nd. Wolfe Research raised shares of State Street from an “underperform” rating to a “peer perform” rating in a report on Monday, January 27th. Truist Financial dropped their target price on shares of State Street from $106.00 to $104.00 and set a “hold” rating for the company in a report on Tuesday, January 21st. StockNews.com raised shares of State Street from a “hold” rating to a “buy” rating in a research report on Saturday, January 25th. Finally, Wells Fargo & Company upped their target price on shares of State Street from $108.00 to $118.00 and gave the company an “overweight” rating in a research report on Thursday, January 2nd. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $100.73.

State Street Trading Down 1.4 %

NYSE STT opened at $98.03 on Monday. State Street has a one year low of $70.20 and a one year high of $103.00. The company has a market capitalization of $28.74 billion, a price-to-earnings ratio of 11.90, a price-to-earnings-growth ratio of 1.12 and a beta of 1.43. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.56 and a current ratio of 0.56. The company’s 50-day simple moving average is $98.53 and its two-hundred day simple moving average is $91.82.

State Street (NYSE:STT) last announced its quarterly earnings data on Friday, January 17th. The asset manager reported $2.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.29 by $0.31. State Street had a net margin of 12.14% and a return on equity of 12.60%. The firm had revenue of $3.41 billion during the quarter, compared to analysts’ expectations of $3.27 billion. During the same period in the prior year, the company posted $2.04 earnings per share. The company’s revenue for the quarter was up 12.1% compared to the same quarter last year.

Hedge Funds Weigh In On State Street

Several hedge funds and other institutional investors have recently modified their holdings of the company. Park Avenue Securities LLC increased its holdings in shares of State Street by 5.7% in the 3rd quarter. Park Avenue Securities LLC now owns 4,971 shares of the asset manager’s stock valued at $440,000 after acquiring an additional 267 shares during the last quarter. Atomi Financial Group Inc. bought a new position in State Street during the third quarter valued at about $271,000. Brookstone Capital Management boosted its position in shares of State Street by 5.1% in the 3rd quarter. Brookstone Capital Management now owns 6,484 shares of the asset manager’s stock valued at $574,000 after purchasing an additional 317 shares during the period. CWM LLC lifted its stake in State Street by 12.3% in the 3rd quarter. CWM LLC now owns 11,371 shares of the asset manager’s stock worth $1,006,000 after acquiring an additional 1,248 shares in the last quarter. Finally, Clarius Group LLC purchased a new stake in State Street in the 3rd quarter worth about $218,000. 87.44% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other State Street news, EVP Kathryn M. Horgan sold 12,500 shares of the firm’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $97.97, for a total value of $1,224,625.00. Following the sale, the executive vice president now directly owns 111,042 shares of the company’s stock, valued at approximately $10,878,784.74. This trade represents a 10.12 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.31% of the stock is currently owned by company insiders.

State Street Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, January 13th. Stockholders of record on Thursday, January 2nd were given a $0.76 dividend. This represents a $3.04 dividend on an annualized basis and a dividend yield of 3.10%. The ex-dividend date of this dividend was Thursday, January 2nd. State Street’s dividend payout ratio is currently 36.89%.

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.