Q2 EPS Estimates for State Street Raised by Zacks Research

State Street Co. (NYSE:STT - Free Report) - Analysts at Zacks Research upped their Q2 2025 earnings per share estimates for State Street in a note issued to investors on Wednesday, June 4th. Zacks Research analyst R. Department now forecasts that the asset manager will post earnings per share of $2.34 for the quarter, up from their previous forecast 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.

Several other brokerages have also recently commented on STT. Truist Financial upgraded shares of State Street from a "hold" rating to a "buy" rating and raised their price objective for the company from $85.00 to $112.00 in a research note on Wednesday, May 28th. Citigroup reduced their price target on shares of State Street from $105.00 to $100.00 and set a "neutral" rating for the company in a research report on Monday, March 24th. Cfra Research downgraded shares of State Street from a "moderate buy" rating to a "hold" rating in a research report on Thursday, May 29th. Bank of America lifted their price target 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. Finally, The Goldman Sachs Group set a $98.00 price objective on State Street and gave the stock a "buy" rating in a report on Thursday, April 17th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, State Street presently has an average rating of "Hold" and an average target price of $102.54.

State Street Price Performance

State Street stock opened at $98.63 on Monday. State Street has a one year low of $70.20 and a one year high of $103.00. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.56 and a current ratio of 0.56. The business has a fifty day moving average of $89.43 and a two-hundred day moving average of $94.02. The company has a market cap of $28.13 billion, a P/E ratio of 11.97, a price-to-earnings-growth ratio of 1.11 and a beta of 1.44.

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

State Street Dividend Announcement

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 $0.76 dividend. The ex-dividend date is Tuesday, July 1st. This represents a $3.04 annualized dividend and a yield of 3.08%. State Street's dividend payout ratio (DPR) is presently 34.12%.

Insider Buying and Selling at State Street

In other news, CAO Elizabeth Schaefer sold 1,300 shares of the company's stock in a transaction dated Tuesday, May 6th. The shares were sold at an average price of $90.72, for a total transaction of $117,936.00. Following the completion of the transaction, the chief accounting officer now owns 7,354 shares of the company's stock, valued at $667,154.88. This represents a 15.02% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.29% of the stock is currently owned by insiders.

Hedge Funds Weigh In On State Street

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

About State Street

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.