Q3 EPS Estimates for State Street Boosted by Seaport Res Ptn

State Street Corporation (NYSE:STT - Free Report) - Analysts at Seaport Res Ptn upped their Q3 2025 earnings estimates for State Street in a report released on Tuesday, July 8th. Seaport Res Ptn analyst J. Mitchell now anticipates that the asset manager will post earnings of $2.70 per share for the quarter, up from their previous forecast 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.

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

A number of other research analysts also recently weighed in on the stock. Citigroup increased their price objective on shares of State Street from $100.00 to $115.00 and gave the company a "neutral" rating in a research report on Wednesday, July 2nd. Barclays reduced their target price on shares of State Street from $127.00 to $120.00 and set an "overweight" rating for the company in a report on Monday, April 21st. Cfra Research cut shares of State Street from a "moderate buy" rating to a "hold" rating in a report on Thursday, May 29th. Keefe, Bruyette & Woods reduced their target price on shares of State Street from $118.00 to $113.00 and set an "outperform" rating for the company in a report on Monday, April 21st. Finally, Wells Fargo & Company upped their target price on shares of State Street from $113.00 to $121.00 and gave the company an "overweight" rating in a report on Tuesday. One analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $109.92.

State Street Stock Down 0.5%

Shares of NYSE STT traded down $0.57 during midday trading on Thursday, hitting $109.65. The stock had a trading volume of 1,681,826 shares, compared to its average volume of 2,107,031. The business's 50 day moving average is $99.48 and its 200-day moving average is $94.90. The company has a market cap of $31.27 billion, a P/E ratio of 12.30, a PEG ratio of 1.26 and a beta of 1.45. State Street has a 52 week low of $72.81 and a 52 week high of $111.99. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 1.07.

State Street Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 11th. Shareholders of record on Tuesday, July 1st will be given a dividend of $0.76 per share. This represents a $3.04 dividend on an annualized basis and a yield of 2.77%. The ex-dividend date of this dividend is Tuesday, July 1st. State Street's dividend payout ratio is presently 34.12%.

Insiders Place Their Bets

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 completion of the sale, the chief accounting officer directly owned 7,354 shares in the company, valued at $667,154.88. This represents a 15.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.29% of the company's stock.

Institutional Investors Weigh In On State Street

A number of hedge funds have recently modified their holdings of the company. CX Institutional grew its holdings in shares of State Street by 6.3% in the second quarter. CX Institutional now owns 7,677 shares of the asset manager's stock valued at $816,000 after purchasing an additional 457 shares during the period. Miller Howard Investments Inc. NY grew its holdings in shares of State Street by 27.4% in the second quarter. Miller Howard Investments Inc. NY now owns 604,916 shares of the asset manager's stock valued at $64,327,000 after purchasing an additional 130,175 shares during the period. Assenagon Asset Management S.A. grew its holdings in shares of State Street by 237.1% in the second quarter. Assenagon Asset Management S.A. now owns 38,430 shares of the asset manager's stock valued at $4,087,000 after purchasing an additional 27,030 shares during the period. IFM Investors Pty Ltd grew its holdings in shares of State Street by 19.5% in the second quarter. IFM Investors Pty Ltd now owns 78,321 shares of the asset manager's stock valued at $8,329,000 after purchasing an additional 12,803 shares during the period. Finally, Global Financial Private Client LLC grew its holdings in shares of State Street by 10.0% in the second quarter. Global Financial Private Client LLC now owns 17,735 shares of the asset manager's stock valued at $1,886,000 after purchasing an additional 1,610 shares during the period. Hedge funds and other institutional investors own 87.44% of the company's stock.

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.