State Street Corporation $STT Position Decreased by D.A. Davidson & CO.

D.A. Davidson & CO. cut its position in shares of State Street Corporation (NYSE:STT) by 2.7% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 121,247 shares of the asset manager’s stock after selling 3,334 shares during the quarter. D.A. Davidson & CO.’s holdings in State Street were worth $15,345,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Chicago Partners Investment Group LLC increased its position in State Street by 1.6% during the fourth quarter. Chicago Partners Investment Group LLC now owns 5,351 shares of the asset manager’s stock worth $675,000 after buying an additional 83 shares during the last quarter. Wedmont Private Capital lifted its position in shares of State Street by 1.3% in the 4th quarter. Wedmont Private Capital now owns 6,498 shares of the asset manager’s stock worth $861,000 after acquiring an additional 85 shares during the period. Arjuna Capital raised its stake in shares of State Street by 0.4% in the 4th quarter. Arjuna Capital now owns 25,139 shares of the asset manager’s stock valued at $3,243,000 after buying an additional 95 shares in the last quarter. LVW Advisors LLC raised its position in State Street by 1.7% in the fourth quarter. LVW Advisors LLC now owns 5,605 shares of the asset manager’s stock worth $723,000 after purchasing an additional 96 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund lifted its position in shares of State Street by 0.3% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 32,024 shares of the asset manager’s stock worth $4,053,000 after buying an additional 100 shares during the period. 87.44% of the stock is owned by hedge funds and other institutional investors.

State Street Stock Performance

Shares of STT stock opened at $185.15 on Friday. The firm has a 50 day moving average of $165.17 and a 200-day moving average of $143.83. State Street Corporation has a 52 week low of $104.64 and a 52 week high of $192.51. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 1.04. The company has a market cap of $51.24 billion, a price-to-earnings ratio of 18.78, a price-to-earnings-growth ratio of 0.96 and a beta of 1.42.

State Street (NYSE:STT) last released 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 firm had revenue of $4.05 billion for 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 business’s quarterly revenue was up 23.3% compared to the same quarter last year. During the same period last year, the firm earned $2.04 earnings per share. On average, equities analysts forecast that State Street Corporation will post 12.75 earnings per share for the current year.

State Street Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 13th. Shareholders of record on Thursday, October 1st will be issued a dividend of $0.92 per share. This represents a $3.68 annualized dividend and a yield of 2.0%. This is a positive change from State Street’s previous quarterly dividend of $0.84. The ex-dividend date of this dividend is Thursday, October 1st. State Street’s dividend payout ratio is currently 34.08%.

State Street News Summary

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

• Positive Sentiment: State Street delivered Q2 earnings of $3.65 per share, ahead of the $3.30 consensus estimate, on revenue of $4.05 billion versus $3.88 billion expected, signaling better-than-expected profitability and sales. Article title
• Positive Sentiment: Revenue jumped 23.3% from a year ago, supported by stronger fee income, higher net interest income, and no credit-loss provision, which suggests healthy core business trends. Article title
• Positive Sentiment: Assets under custody and administration and assets under management reached record levels, with AUM reported at about $6.3 trillion, reinforcing that client inflows and market values are boosting State Street’s fee base. Article title
• Positive Sentiment: Management also boosted its 2026 outlook after the beat, which investors often read as a sign that the strong quarter may not be a one-off. Article title
• Neutral Sentiment: Commentary around the earnings call highlighted record results and operational strength, but the key market driver remains the earnings beat and improving asset flows rather than any single new strategic announcement. Article title
• Neutral Sentiment: State Street also raised its quarterly dividend to $0.92 per share, a shareholder-friendly move that supports the investment case, though it is less likely to be the main driver of the stock’s move today. Article title

Analyst Upgrades and Downgrades

Several research firms have weighed in on STT. Argus raised their price objective on shares of State Street from $140.00 to $168.00 and gave the company a “buy” rating in a research report on Tuesday, April 21st. Bank of America lifted their price target on State Street from $160.00 to $190.00 and gave the company a “neutral” rating in a research note on Tuesday, July 7th. Morgan Stanley increased their price target on State Street from $166.00 to $183.00 and gave the company an “overweight” rating in a research report on Monday, June 29th. Wells Fargo & Company increased their price objective on shares of State Street from $171.00 to $196.00 and gave the company an “overweight” rating in a research report on Wednesday, June 24th. Finally, Seaport Research Partners restated a “buy” rating and set a $170.00 target price on shares of State Street in a research report on Monday, April 20th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, State Street currently has an average rating of “Moderate Buy” and an average target price of $173.91.

Insider Buying and Selling at State Street

In related news, COO Mostapha Tahiri sold 9,611 shares of State Street stock in a transaction on Wednesday, April 22nd. The stock was 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 approximately $9,885,701.06. This trade represents a 12.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Michael L. Richards sold 3,000 shares of State Street stock in a transaction on Wednesday, April 22nd. The stock was sold at an average price of $153.89, for a total transaction of $461,670.00. Following the sale, the executive vice president directly owned 43,522 shares of the company’s stock, valued at $6,697,600.58. This represents a 6.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 37,876 shares of company stock worth $5,866,583 over the last three months. Company insiders own 0.27% of the company’s stock.

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.