Free Trial

Seaport Res Ptn Raises Earnings Estimates for State Street

State Street logo with Finance background

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.

Read Our Latest Analysis on STT

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

(Get Free Report)

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.

Read More

Earnings History and Estimates for State Street (NYSE:STT)

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.

Should You Invest $1,000 in State Street Right Now?

Before you consider State Street, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and State Street wasn't on the list.

While State Street currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Don’t Miss These Top 3 Defense Stocks Set To Gain
Triple-Digit Gains: These 4 Nuclear Stocks Have Even More Upside Ahead
3 Made in America Stocks Under $20 You Need to See!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines