State Street (NYSE:STT) Price Target Raised to $215.00 at Keefe, Bruyette & Woods

State Street (NYSE:STT) had its target price boosted by equities researchers at Keefe, Bruyette & Woods from $195.00 to $215.00 in a research report issued on Friday,Benzinga reports. The firm presently has an “outperform” rating on the asset manager’s stock. Keefe, Bruyette & Woods’ target price points to a potential upside of 17.33% from the company’s current price.

A number of other brokerages have also commented on STT. UBS Group set a $176.00 target price on shares of State Street in a research report on Friday, June 26th. Morgan Stanley set a $195.00 price objective on State Street in a report on Friday. Truist Financial reaffirmed a “hold” rating and set a $191.00 target price (up from $176.00) on shares of State Street in a research report on Friday. Royal Bank Of Canada increased their price target on State Street from $155.00 to $196.00 and gave the stock a “sector perform” rating in a research report on Friday. Finally, Citigroup raised their price target on State Street from $193.00 to $210.00 and gave the company a “buy” rating in a research note on Friday. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $183.84.

State Street Trading Down 1.3%

Shares of NYSE STT traded down $2.42 during mid-day trading on Friday, reaching $183.24. The company had a trading volume of 660,769 shares, compared to its average volume of 2,227,300. The business’s 50-day moving average is $165.17 and its 200-day moving average is $143.83. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 1.04. The stock has a market cap of $50.72 billion, a price-to-earnings ratio of 18.60, a price-to-earnings-growth ratio of 0.96 and a beta of 1.42. State Street has a 52 week low of $104.64 and a 52 week high of $192.51.

State Street (NYSE:STT) last announced its quarterly earnings data on Thursday, July 16th. The asset manager reported $3.65 earnings per share for the quarter, beating analysts’ consensus estimates of $3.34 by $0.31. The company had revenue of $4.05 billion during the quarter, compared to analyst estimates of $3.88 billion. State Street had a net margin of 13.47% and a return on equity of 14.22%. The firm’s revenue for the quarter was up 23.3% on a year-over-year basis. During the same quarter last year, the business posted $2.04 EPS. Equities analysts expect that State Street will post 12.75 earnings per share for the current year.

Insider Activity

In related news, COO Mostapha Tahiri sold 9,611 shares of the stock in a transaction that occurred on Wednesday, April 22nd. The shares were sold at an average price of $152.93, for a total transaction of $1,469,810.23. Following the completion of the sale, the chief operating officer owned 64,642 shares of the company’s stock, valued at $9,885,701.06. This represents a 12.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP W. Bradford Hu sold 9,212 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $155.35, for a total transaction of $1,431,084.20. Following the completion of the sale, the executive vice president owned 59,552 shares of the company’s stock, valued at approximately $9,251,403.20. This trade represents a 13.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 37,876 shares of company stock worth $5,866,583 in the last quarter. 0.27% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On State Street

A number of large investors have recently made changes to their positions in the business. Wilkerson Advisory Group LLC purchased a new stake in shares of State Street during the 4th quarter valued at $29,000. JPL Wealth Management LLC purchased a new position in State Street during the 3rd quarter worth $29,000. Phillip James Consulting Co. purchased a new position in State Street during the 4th quarter worth $30,000. Elevation Wealth Partners LLC increased its position in State Street by 153.6% during the 2nd quarter. Elevation Wealth Partners LLC now owns 175 shares of the asset manager’s stock valued at $30,000 after buying an additional 106 shares in the last quarter. Finally, Whipplewood Advisors LLC acquired a new position in State Street during the 1st quarter valued at about $34,000. 87.44% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about State Street

Here are the key news stories impacting State Street this week:

• Positive Sentiment: State Street beat Wall Street estimates with Q2 EPS of $3.65 versus $3.34 expected and revenue of $4.05 billion versus $3.88 billion, reinforcing that earnings momentum remains strong. Business Wire: State Street Corporation (NYSE: STT) Reports Second-Quarter 2026 Financial Results
• Positive Sentiment: Profitability improved sharply, with Reuters reporting a 56% jump in quarterly profit as fee income rose, signaling healthy operating leverage. Reuters: State Street’s quarterly profit jumps 56% on strong fee income
• Positive Sentiment: Assets under management hit a record $6.3 trillion, while assets under custody/administration also reached record levels, showing continued client inflows and scale benefits. Benzinga: State Street Tops Wall Street Views As AUM Hits $6.3 Trillion
• Positive Sentiment: Management appeared confident on the earnings call, with multiple recaps highlighting a “record” quarter and boosted 2026 guidance, which tends to support the stock. Seeking Alpha: State Street posts Q2 beat as fee income jumps, 2026 guidance boosted
• Neutral Sentiment: Commentary around State Street’s digital custody strategy and summit presentation adds long-term interest, but it is unlikely to be the main driver of the stock today. Yahoo Finance: State Street (STT) Puts Digital Custody In Focus At Global Onchain Summit 2026
• Negative Sentiment: One article raised concerns about ETF pricing pressure and competitive fee compression, which could weigh on margins over time even after the strong quarter. 247WallSt: BNY Mellon Vs. State Street

About State Street

State Street Corporation is a global financial services company that provides a range of investment servicing, investment management and investment research and trading services to institutional investors. Its principal activities include custody and fund administration, securities lending, performance and risk analytics, trading and execution services, and foreign exchange. The company also offers investment management through State Street Global Advisors, a major provider of exchange-traded funds and institutional investment strategies.

State Street serves a broad client base of asset managers, insurance companies, pension funds, endowments, and other institutions across North America, Europe, Asia and other global markets.