Capitolis Liquid Global Markets LLC Invests $5.81 Million in State Street Corporation $STT

Key Points

• Capitolis Liquid Global Markets LLC opened a new stake in State Street (NYSE:STT) in Q3, buying 50,100 shares valued at approximately $5.81 million.
• State Street beat expectations last quarter with $2.97 EPS vs. $2.82 expected and revenue of $3.67 billion (up 7.5% YoY), and Wall Street's consensus remains a "Moderate Buy".
• The company announced a quarterly dividend of $0.84 (annualized $3.36, ~2.8% yield), while EVP John Plansky sold 16,100 shares (~$2.0M), reducing his holdings by about 22%.

Capitolis Liquid Global Markets LLC purchased a new stake in State Street Corporation (NYSE:STT - Free Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 50,100 shares of the asset manager's stock, valued at approximately $5,812,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Brighton Jones LLC acquired a new stake in State Street in the fourth quarter valued at approximately $296,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of State Street by 2.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 32,223 shares of the asset manager's stock worth $2,885,000 after buying an additional 918 shares in the last quarter. NewEdge Advisors LLC increased its holdings in shares of State Street by 105.2% during the first quarter. NewEdge Advisors LLC now owns 10,193 shares of the asset manager's stock worth $913,000 after buying an additional 5,226 shares in the last quarter. Empowered Funds LLC lifted its stake in shares of State Street by 220.1% in the 1st quarter. Empowered Funds LLC now owns 23,263 shares of the asset manager's stock valued at $2,065,000 after acquiring an additional 15,996 shares during the last quarter. Finally, Woodline Partners LP boosted its holdings in shares of State Street by 38.4% during the 1st quarter. Woodline Partners LP now owns 24,372 shares of the asset manager's stock valued at $2,182,000 after acquiring an additional 6,767 shares in the last quarter. 87.44% of the stock is owned by institutional investors.

State Street News Roundup

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

• Positive Sentiment: State Street launched the State Street IG Public & Private ABS ETF (PRAB), targeting a large public/private credit opportunity (CLOs, MBS). This product can help SSGA gather fee‑bearing AUM in higher‑yield credit niches if it attracts flows. Read More.
• Positive Sentiment: A senior executive indicated Q1 revenue is likely to exceed earlier expectations—if realized, better revenue trajectory would support earnings and fee income visibility. Read More.
• Neutral Sentiment: State Street-affiliated ETFs (SSGA) in sectors like energy are performing well, reflecting broader market moves; positive fund performance can help asset-gathering but is only indirectly supportive of STT’s stock. Read More.
• Neutral Sentiment: State Street entities reduced or exited substantial holdings in several Australian-listed companies (Liontown, Nick Scali, PWR). These are portfolio/ fund-level adjustments by State Street’s passive/active platforms and don’t directly imply a change to STT’s corporate fundamentals. Read More.
• Negative Sentiment: EVP John Plansky sold 16,100 shares (~$2.0M) and reduced his holdings ~22%. Insider selling can weigh on sentiment, especially when it’s a material reduction by a senior executive. Read More.

State Street Stock Performance

NYSE STT opened at $121.27 on Monday. The company has a market capitalization of $33.80 billion, a price-to-earnings ratio of 12.89, a PEG ratio of 1.06 and a beta of 1.43. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of 1.04. State Street Corporation has a twelve month low of $72.81 and a twelve month high of $137.05. The stock has a fifty day simple moving average of $128.92 and a 200 day simple moving average of $122.10.

State Street (NYSE:STT - Get Free Report) last released its quarterly earnings results on Friday, January 16th. The asset manager reported $2.97 EPS for the quarter, beating analysts' consensus estimates of $2.82 by $0.15. The firm had revenue of $3.67 billion for the quarter, compared to analyst estimates of $3.57 billion. State Street had a return on equity of 13.46% and a net margin of 13.02%.The business's revenue was up 7.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.60 EPS. Sell-side analysts expect that State Street Corporation will post 9.68 EPS for the current year.

State Street Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 13th. Investors of record on Wednesday, April 1st will be paid a $0.84 dividend. This represents a $3.36 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Wednesday, April 1st. State Street's payout ratio is currently 35.71%.

Insider Buying and Selling

In other State Street news, EVP John Plansky sold 16,100 shares of the stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $124.32, for a total transaction of $2,001,552.00. Following the completion of the sale, the executive vice president owned 56,162 shares of the company's stock, valued at approximately $6,982,059.84. This represents a 22.28% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.29% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

STT has been the topic of a number of research reports. Weiss Ratings restated a "buy (b)" rating on shares of State Street in a research report on Wednesday, January 21st. Wall Street Zen upgraded State Street from a "sell" rating to a "hold" rating in a research report on Saturday, January 17th. The Goldman Sachs Group reissued a "buy" rating on shares of State Street in a research note on Tuesday, January 6th. Morgan Stanley reduced their price target on State Street from $168.00 to $164.00 and set an "overweight" rating on the stock in a report on Tuesday, January 20th. Finally, TD Cowen reaffirmed a "buy" rating on shares of State Street in a research note on Wednesday, January 7th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, State Street has a consensus rating of "Moderate Buy" and a consensus price target of $135.83.

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.

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