Seaport Res Ptn Raises Earnings Estimates for State Street

State Street Corporation (NYSE:STT - Free Report) - Equities research analysts at Seaport Res Ptn raised their Q3 2025 earnings per share (EPS) estimates for shares of State Street in a research note issued on Tuesday, July 8th. Seaport Res Ptn analyst J. Mitchell now expects that the asset manager will post earnings of $2.70 per share for the quarter, up from their prior estimate of $2.43. 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 $2.90 EPS, FY2025 earnings at $9.95 EPS, Q1 2026 earnings at $2.43 EPS, Q2 2026 earnings at $2.83 EPS, Q3 2026 earnings at $2.98 EPS, Q4 2026 earnings at $3.15 EPS and FY2026 earnings at $11.40 EPS.

A number of other brokerages have also weighed in on STT. Evercore ISI lifted their price objective on State Street from $102.00 to $115.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 2nd. Morgan Stanley raised their target price on State Street from $110.00 to $114.00 and gave the company an "overweight" rating in a research note on Tuesday, July 1st. Cfra Research cut State Street from a "moderate buy" rating to a "hold" rating in a research note on Thursday, May 29th. Wells Fargo & Company raised their target price on State Street from $113.00 to $121.00 and gave the company an "overweight" rating in a research note on Tuesday. Finally, Barclays lowered their target price on State Street from $127.00 to $120.00 and set an "overweight" rating for the company in a research note on Monday, April 21st. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $109.92.

State Street Price Performance

Shares of STT stock opened at $109.48 on Thursday. The firm has a market cap of $31.22 billion, a P/E ratio of 12.29, a P/E/G ratio of 1.27 and a beta of 1.45. State Street has a fifty-two week low of $72.81 and a fifty-two week high of $110.97. The business's 50 day moving average price is $99.05 and its 200-day moving average price is $94.82. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.57 and a current ratio of 0.57.

State Street (NYSE:STT - Get Free Report) last posted its quarterly earnings results on Thursday, April 17th. The asset manager reported $2.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.98 by $0.06. State Street had a return on equity of 12.79% and a net margin of 12.85%. The business had revenue of $3.28 billion for the quarter, compared to analyst estimates of $3.30 billion. During the same period last year, the company earned $1.69 EPS.

State Street Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 11th. Investors of record on Tuesday, July 1st will be issued a $0.76 dividend. This represents a $3.04 annualized dividend and a dividend yield of 2.78%. The ex-dividend date of this dividend is Tuesday, July 1st. State Street's payout ratio is currently 34.12%.

Insider Activity at State Street

In related news, CAO Elizabeth Schaefer sold 1,300 shares of State Street stock in a transaction on Tuesday, May 6th. The stock was sold at an average price of $90.72, for a total value of $117,936.00. Following the completion of the sale, the chief accounting officer owned 7,354 shares of the company's stock, valued at $667,154.88. The trade was a 15.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.29% of the stock is owned by insiders.

Institutional Trading of State Street

Large investors have recently modified their holdings of the company. First Pacific Financial bought a new stake in State Street during the first quarter valued at about $25,000. Capital Analysts LLC grew its holdings in State Street by 3,914.3% during the first quarter. Capital Analysts LLC now owns 281 shares of the asset manager's stock valued at $25,000 after purchasing an additional 274 shares during the period. Larson Financial Group LLC grew its holdings in State Street by 40.8% during the first quarter. Larson Financial Group LLC now owns 407 shares of the asset manager's stock valued at $36,000 after purchasing an additional 118 shares during the period. Coppell Advisory Solutions LLC grew its holdings 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 valued at $42,000 after purchasing an additional 412 shares during the period. Finally, Golden State Wealth Management LLC grew its holdings in State Street by 186.7% during the first quarter. Golden State Wealth Management LLC now owns 476 shares of the asset manager's stock valued at $43,000 after purchasing an additional 310 shares during the period. Institutional investors 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.

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