State Street Corporation (NYSE:STT – Free Report) – Equities research analysts at Zacks Research boosted their Q2 2025 earnings estimates for shares of State Street in a research report issued on Thursday, June 26th. Zacks Research analyst R. Department now anticipates that the asset manager will post earnings of $2.36 per share for the quarter, up from their previous forecast of $2.34. 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 Q3 2025 earnings at $2.30 EPS, Q4 2025 earnings at $2.46 EPS, FY2025 earnings at $9.15 EPS, Q1 2026 earnings at $2.15 EPS, Q2 2026 earnings at $2.60 EPS, Q3 2026 earnings at $2.58 EPS, Q4 2026 earnings at $2.86 EPS, FY2026 earnings at $10.19 EPS, Q1 2027 earnings at $2.46 EPS and FY2027 earnings at $11.07 EPS.
STT has been the subject of a number of other reports. The Goldman Sachs Group set a $98.00 target price on shares of State Street and gave the company a “buy” rating in a research note on Thursday, April 17th. Truist Financial upgraded shares of State Street from a “hold” rating to a “buy” rating and raised their price target for the company from $85.00 to $112.00 in a report on Wednesday, May 28th. Cfra Research cut shares of State Street from a “moderate buy” rating to a “hold” rating in a report on Thursday, May 29th. Wells Fargo & Company lowered their target price on shares of State Street from $118.00 to $113.00 and set an “overweight” rating on the stock in a research report on Friday, March 28th. Finally, Evercore ISI reduced their price target on State Street from $109.00 to $106.00 and set an “outperform” rating for the company in a research report on Tuesday, April 1st. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $102.54.
State Street Stock Up 0.5%
Shares of State Street stock opened at $106.53 on Monday. The firm has a market cap of $30.38 billion, a price-to-earnings ratio of 11.96, a P/E/G ratio of 1.24 and a beta of 1.45. The stock has a 50-day simple moving average of $95.91 and a 200-day simple moving average of $94.20. State Street has a 52-week low of $72.65 and a 52-week high of $106.83. The company has a debt-to-equity ratio of 1.07, a current ratio of 0.57 and a quick ratio of 0.57.
State Street (NYSE:STT – Get Free Report) last issued its earnings results on Thursday, April 17th. The asset manager reported $2.04 EPS for the quarter, beating analysts’ consensus estimates of $1.98 by $0.06. State Street had a return on equity of 12.79% and a net margin of 12.85%. The firm had revenue of $3.28 billion for the quarter, compared to the consensus estimate of $3.30 billion. During the same quarter in the previous year, the company posted $1.69 earnings per share.
State Street Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, July 11th. Shareholders of record on Tuesday, July 1st will be issued a $0.76 dividend. This represents a $3.04 dividend on an annualized basis and a yield of 2.85%. The ex-dividend date of this dividend is Tuesday, July 1st. State Street’s dividend payout ratio (DPR) is presently 34.12%.
Insider Transactions at State Street
In other news, CAO Elizabeth Schaefer sold 1,300 shares of the company’s stock in a transaction dated Tuesday, May 6th. The shares were sold at an average price of $90.72, for a total transaction of $117,936.00. Following the completion of the transaction, the chief accounting officer owned 7,354 shares of the company’s stock, valued at approximately $667,154.88. This represents a 15.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.29% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On State Street
Large investors have recently added to or reduced their stakes in the company. Meeder Advisory Services Inc. raised its stake in shares of State Street by 2.0% in the 1st quarter. Meeder Advisory Services Inc. now owns 5,756 shares of the asset manager’s stock valued at $515,000 after buying an additional 114 shares in the last quarter. Sequoia Financial Advisors LLC raised its position in State Street by 2.7% in the first quarter. Sequoia Financial Advisors LLC now owns 4,414 shares of the asset manager’s stock worth $395,000 after purchasing an additional 118 shares in the last quarter. Larson Financial Group LLC lifted its stake in State Street by 40.8% during the first quarter. Larson Financial Group LLC now owns 407 shares of the asset manager’s stock worth $36,000 after purchasing an additional 118 shares during the period. Jacobi Capital Management LLC lifted its stake 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 worth $1,201,000 after purchasing an additional 121 shares during the period. Finally, Smartleaf Asset Management LLC boosted its holdings in State Street by 5.9% during the first quarter. Smartleaf Asset Management LLC now owns 2,257 shares of the asset manager’s stock valued at $201,000 after purchasing an additional 126 shares in the last quarter. Institutional investors and hedge funds own 87.44% of the company’s stock.
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.
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