Zacks Research Lifts Earnings Estimates for State Street

State Street Co. (NYSE:STT - Free Report) - Equities research analysts at Zacks Research lifted their Q2 2025 earnings per share estimates for shares of State Street in a report issued on Wednesday, June 4th. Zacks Research analyst R. Department now forecasts that the asset manager will post earnings of $2.34 per share for the quarter, up from their previous estimate of $2.30. 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 $2.28 EPS, Q4 2025 earnings at $2.40 EPS, FY2025 earnings at $9.06 EPS, Q1 2026 earnings at $2.13 EPS, Q2 2026 earnings at $2.57 EPS, Q3 2026 earnings at $2.54 EPS, FY2026 earnings at $10.04 EPS and FY2027 earnings at $10.89 EPS.

A number of other equities analysts also recently weighed in on STT. Barclays reduced their price target on State Street from $127.00 to $120.00 and set an "overweight" rating for the company in a research report on Monday, April 21st. Morgan Stanley set a $110.00 price objective on shares of State Street and gave the stock an "overweight" rating in a research report on Tuesday, June 3rd. Bank of America raised their target price on shares of State Street from $98.00 to $99.00 and gave the company an "underperform" rating in a research report on Wednesday, April 2nd. Truist Financial upgraded shares of State Street from a "hold" rating to a "buy" rating and lifted their price target for the company from $85.00 to $112.00 in a research note on Wednesday, May 28th. Finally, Citigroup reduced their price objective on shares of State Street from $105.00 to $100.00 and set a "neutral" rating for the company in a research note on Monday, March 24th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat, State Street has an average rating of "Hold" and an average target price of $102.54.

State Street Stock Up 0.2%

Shares of STT stock traded up $0.23 on Monday, hitting $97.53. 1,476,748 shares of the stock were exchanged, compared to its average volume of 2,104,828. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 1.03. The firm has a market capitalization of $27.81 billion, a P/E ratio of 11.84, a price-to-earnings-growth ratio of 1.11 and a beta of 1.44. State Street has a fifty-two week low of $70.20 and a fifty-two week high of $103.00. The business has a 50-day moving average of $90.37 and a 200 day moving average of $94.09.

State Street (NYSE:STT - Get Free Report) last released its quarterly earnings results on Thursday, April 17th. The asset manager reported $2.04 earnings per share for the quarter, beating the consensus estimate of $1.98 by $0.06. The company had revenue of $3.28 billion during the quarter, compared to analysts' expectations of $3.30 billion. State Street had a net margin of 12.14% and a return on equity of 12.60%. During the same quarter in the prior year, the company earned $1.69 earnings per share.

Hedge Funds Weigh In On State Street

Several institutional investors and hedge funds have recently made changes to their positions in the company. First Pacific Financial bought a new stake in State Street in the 1st quarter valued at $25,000. Capital Analysts LLC lifted its holdings in shares of State Street by 3,914.3% during the first quarter. Capital Analysts LLC now owns 281 shares of the asset manager's stock worth $25,000 after buying an additional 274 shares in the last quarter. Larson Financial Group LLC lifted its holdings in shares of 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 buying an additional 118 shares in the last quarter. Kohmann Bosshard Financial Services LLC acquired a new position in shares of State Street in the fourth quarter valued at about $42,000. Finally, Coppell Advisory Solutions LLC grew its stake in shares of State Street by 2,942.9% in the fourth quarter. Coppell Advisory Solutions LLC now owns 426 shares of the asset manager's stock valued at $42,000 after acquiring an additional 412 shares in the last quarter. Institutional investors and hedge funds own 87.44% of the company's stock.

Insider Buying and Selling at State Street

In other news, CAO Elizabeth Schaefer sold 1,300 shares of the stock in a transaction dated Tuesday, May 6th. The shares were sold at an average price of $90.72, for a total value of $117,936.00. Following the transaction, the chief accounting officer now directly owns 7,354 shares of the company's stock, valued at $667,154.88. This represents a 15.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.29% of the company's stock.

State Street Announces Dividend

The firm 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 dividend of $0.76 per share. This represents a $3.04 annualized dividend and a yield of 3.12%. The ex-dividend date of this dividend is Tuesday, July 1st. State Street's dividend payout ratio is 34.12%.

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.