State Street Corporation (NYSE:STT – Get Free Report) has received an average recommendation of “Moderate Buy” from the sixteen analysts that are currently covering the firm, Marketbeat Ratings reports. Six research analysts have rated the stock with a hold rating and ten have issued a buy rating on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $193.38.
STT has been the subject of a number of analyst reports. BMO Capital Markets dropped their price target on State Street from $212.00 to $200.00 and set an “outperform” rating for the company in a research report on Tuesday. Zacks Research downgraded State Street from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 18th. Weiss Ratings lowered State Street from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Tuesday. UBS Group set a $176.00 target price on State Street in a report on Friday, June 26th. Finally, TD Cowen started coverage on State Street in a research note on Thursday. They issued a “buy” rating and a $205.00 target price for the company.
Insider Activity
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in STT. BlackRock Inc. acquired a new stake in State Street during the 2nd quarter worth approximately $4,139,389,000. Legal & General Group Plc purchased a new stake in shares of State Street during the second quarter worth $330,849,000. Bank of New York Mellon Corp purchased a new stake in shares of State Street during the second quarter worth $301,393,000. Bank of America Corp DE acquired a new position in State Street during the 2nd quarter worth $285,936,000. Finally, Regents of The University of California increased its position in shares of State Street by 15.6% in the 1st quarter. Regents of The University of California now owns 10,065,118 shares of the asset manager’s stock valued at $1,273,841,000 after purchasing an additional 1,358,923 shares during the last quarter. 87.44% of the stock is currently owned by institutional investors and hedge funds.
State Street Stock Performance
STT opened at $174.95 on Wednesday. State Street has a twelve month low of $104.64 and a twelve month high of $195.93. The firm has a market capitalization of $48.06 billion, a PE ratio of 15.43, a PEG ratio of 0.83 and a beta of 1.41. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 1.04. The firm’s 50-day moving average price is $185.75 and its 200 day moving average price is $168.00.
State Street (NYSE:STT – Get Free Report) last released its quarterly earnings data on Thursday, July 16th. The asset manager reported $3.65 EPS for the quarter, beating analysts’ consensus estimates of $3.34 by $0.31. State Street had a net margin of 15.02% and a return on equity of 15.26%. The company had revenue of $4.05 billion during the quarter, compared to the consensus estimate of $3.88 billion. During the same quarter in the prior year, the firm earned $2.04 EPS. State Street’s quarterly revenue was up 23.3% on a year-over-year basis. As a group, sell-side analysts expect that State Street will post 13.80 EPS for the current fiscal year.
State Street Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 13th. Investors of record on Thursday, October 1st will be issued a $0.92 dividend. This is an increase from State Street’s previous quarterly dividend of $0.84. This represents a $3.68 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Thursday, October 1st. State Street’s payout ratio is currently 32.45%.
Key Stories Impacting State Street
Here are the key news stories impacting State Street this week:
- Positive Sentiment: Trump Accounts could create a significant long-term asset-gathering opportunity. State Street Global Advisors’ SPYM ETF is reportedly the default investment option for accounts covering nearly 70 million children. The mandate could produce recurring management fees and increase State Street’s assets under management over time, though the near-term financial impact remains uncertain. 70 Million Kids Just Got Trump Accounts. The Bigger Winner Could Be State Street
- Positive Sentiment: TD Cowen initiated coverage with a Buy rating and a $205 price target. The target implies meaningful upside from the stock’s referenced trading level and adds support to the view that State Street remains undervalued relative to its earnings and asset-management potential. State Street Receives TD Cowen Buy Rating
- Positive Sentiment: State Street is being positioned as a relatively high-quality global-bank investment. The positive thesis points to its asset-servicing scale, resilient earnings, and potential benefits from improving market activity and investor demand for quality financial companies. State Street Shines On As A Bet On Quality Among Global Banks
- Neutral Sentiment: Investors are focused on third-quarter metrics. Wall Street estimates cover revenue, earnings, assets under custody and administration, and fee trends for the quarter ended September 2026. The figures could determine whether recent momentum is translating into sustainable operating growth. Ahead of State Street Q3 Earnings
- Neutral Sentiment: State Street research highlights that ETF liquidity, rather than expense ratios alone, affects investor costs. This supports the firm’s ETF expertise but is not a direct earnings catalyst. 3 ETF Liquidity Myths That Can Raise Client Costs
- Neutral Sentiment: State Street Global Advisors’ Singapore unit appointed Tyxeros Trading as a designated market maker for the SPDR Straits Times Index ETF. The announcement reinforces ETF distribution and market-support activity but has limited direct implications for State Street Corporation’s valuation. SPDR Straits Times Index ETF Adds Tyxeros Trading as Designated Market Maker
State Street Company Profile
State Street Corporation (NYSE: STT) is a financial services company that provides institutional investors, asset managers, asset owners, insurance companies, official institutions and other organizations with investment servicing, investment management and related financial services. Its offerings include custody and fund administration, accounting, transfer agency, collateral management, securities lending, foreign exchange, trading and other capital markets services.
Through State Street Investment Management, the company manages investment strategies and offers products such as exchange-traded funds, index strategies, active strategies and other portfolio solutions.
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