Seaport Res Ptn Predicts Stronger Earnings for State Street

Key Points

• Seaport Res Ptn raised their Q3 2025 earnings estimate for State Street to $2.59 per share, indicating an increase from their earlier estimate of $2.58, while the consensus estimate for the full-year earnings is $9.68 per share.
• Several investment firms, including Goldman Sachs and Citi, have increased their target prices for State Street shares, with Goldman Sachs raising theirs from $109.00 to $130.00 and Citigroup upgrading the stock from "neutral" to "buy."
• State Street also declared a quarterly dividend of $0.84, which represents a yield of 2.9% and an increase from the previous dividend of $0.76.

State Street Corporation (NYSE:STT - Free Report) - Seaport Res Ptn increased their Q3 2025 earnings estimates for shares of State Street in a report released on Monday, October 6th. Seaport Res Ptn analyst J. Mitchell now expects that the asset manager will post earnings of $2.59 per share for the quarter, up from their previous estimate of $2.58. The consensus estimate for State Street's current full-year earnings is $9.68 per share. Seaport Res Ptn also issued estimates for State Street's Q4 2025 earnings at $2.82 EPS, FY2025 earnings at $9.98 EPS, Q1 2026 earnings at $2.50 EPS and Q3 2026 earnings at $3.01 EPS.

Other analysts have also issued research reports about the stock. The Goldman Sachs Group raised their target price on shares of State Street from $109.00 to $130.00 and gave the company a "buy" rating in a research report on Monday. Morgan Stanley reaffirmed an "overweight" rating and set a $162.00 target price on shares of State Street in a research note on Monday, September 29th. Wells Fargo & Company increased their target price on State Street from $113.00 to $121.00 and gave the stock an "overweight" rating in a report on Tuesday, July 8th. Citigroup upgraded State Street from a "neutral" rating to a "buy" rating and upped their price target for the stock from $115.00 to $130.00 in a report on Friday, September 5th. Finally, Evercore ISI boosted their price target on shares of State Street from $117.00 to $128.00 and gave the stock an "outperform" rating in a report on Tuesday, September 30th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $122.83.

State Street Price Performance

STT stock opened at $116.93 on Wednesday. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 1.09. The firm has a market cap of $33.17 billion, a P/E ratio of 13.09, a P/E/G ratio of 1.14 and a beta of 1.46. The company's 50-day moving average price is $113.00 and its two-hundred day moving average price is $101.82. State Street has a 12 month low of $72.81 and a 12 month high of $118.06.

State Street (NYSE:STT - Get Free Report) last issued its quarterly earnings data on Tuesday, July 15th. The asset manager reported $2.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.36 by $0.17. State Street had a net margin of 12.59% and a return on equity of 12.96%. The firm had revenue of $3.47 billion during the quarter, compared to the consensus estimate of $3.33 billion. During the same period last year, the business posted $2.15 earnings per share. The business's revenue for the quarter was up 2.9% compared to the same quarter last year.

Institutional Trading of State Street

Hedge funds have recently bought and sold shares of the company. Invesco Ltd. boosted its position in State Street by 4.7% in the second quarter. Invesco Ltd. now owns 8,566,237 shares of the asset manager's stock worth $910,934,000 after purchasing an additional 381,547 shares during the last quarter. Dodge & Cox increased its position in shares of State Street by 1.1% during the 2nd quarter. Dodge & Cox now owns 7,412,414 shares of the asset manager's stock valued at $788,236,000 after purchasing an additional 80,855 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of State Street by 0.4% in the 2nd quarter. Geode Capital Management LLC now owns 7,412,130 shares of the asset manager's stock worth $784,930,000 after purchasing an additional 27,098 shares during the period. Northern Trust Corp boosted its holdings in shares of State Street by 2.8% in the first quarter. Northern Trust Corp now owns 4,264,161 shares of the asset manager's stock worth $381,770,000 after buying an additional 115,751 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its position in State Street by 0.5% during the first quarter. Dimensional Fund Advisors LP now owns 3,068,867 shares of the asset manager's stock valued at $274,732,000 after buying an additional 14,011 shares during the period. Hedge funds and other institutional investors own 87.44% of the company's stock.

Insiders Place Their Bets

In other news, EVP Michael L. Richards sold 990 shares of the stock in a transaction that occurred on Tuesday, July 22nd. The shares were sold at an average price of $109.29, for a total transaction of $108,197.10. Following the sale, the executive vice president owned 41,332 shares in the company, valued at $4,517,174.28. This represents a 2.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.29% of the company's stock.

State Street Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 14th. Investors of record on Wednesday, October 1st will be paid a $0.84 dividend. This represents a $3.36 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Wednesday, October 1st. This is a positive change from State Street's previous quarterly dividend of $0.76. State Street's dividend payout ratio (DPR) is presently 37.63%.

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.

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