State Street (STT) to Release Earnings on Tuesday

State Street (NYSE:STT - Get Free Report) will likely be releasing its Q2 2025 earnings data before the market opens on Tuesday, July 15th. Analysts expect State Street to post earnings of $2.39 per share and revenue of $3.33 billion for the quarter.

State Street (NYSE:STT - Get Free Report) last released its earnings results on Thursday, April 17th. The asset manager reported $2.04 EPS for the quarter, beating analysts' consensus estimates 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 analysts' expectations of $3.30 billion. During the same quarter in the prior year, the firm earned $1.69 earnings per share. On average, analysts expect State Street to post $10 EPS for the current fiscal year and $11 EPS for the next fiscal year.

State Street Price Performance

STT stock traded down $0.66 during mid-day trading on Friday, hitting $109.55. 2,668,847 shares of the stock were exchanged, compared to its average volume of 2,110,676. The business has a fifty day moving average price of $99.48 and a 200 day moving average price of $94.90. State Street has a 12 month low of $72.81 and a 12 month high of $111.99. The company has a debt-to-equity ratio of 1.07, a current ratio of 0.57 and a quick ratio of 0.57. The stock has a market capitalization of $31.24 billion, a price-to-earnings ratio of 12.30, a PEG ratio of 1.26 and a beta of 1.45.

State Street Announces Dividend

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 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 is Tuesday, July 1st. State Street's payout ratio is currently 34.12%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on STT shares. Keefe, Bruyette & Woods decreased their target price on shares of State Street from $118.00 to $113.00 and set an "outperform" rating on the stock in a research report on Monday, April 21st. Evercore ISI lifted their price objective on State Street from $102.00 to $115.00 and gave the stock an "outperform" rating in a report on Wednesday, July 2nd. Wells Fargo & Company increased their target price on State Street from $113.00 to $121.00 and gave the company an "overweight" rating in a report on Tuesday. The Goldman Sachs Group boosted their price objective on State Street from $98.00 to $111.00 and gave the company a "buy" rating in a research report on Wednesday, July 2nd. Finally, Cfra Research cut shares of State Street from a "moderate buy" rating to a "hold" rating in a report on Thursday, May 29th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, State Street presently has a consensus rating of "Hold" and an average price target of $109.92.

Insider Activity at State Street

In related news, CAO Elizabeth Schaefer sold 1,300 shares of the business'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 transaction, the chief accounting officer owned 7,354 shares in the company, valued at $667,154.88. The trade was 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 through this hyperlink. Corporate insiders own 0.29% of the company's stock.

Institutional Trading of State Street

Several large investors have recently bought and sold shares of the company. Woodline Partners LP grew its stake in State Street by 38.4% in the first quarter. Woodline Partners LP now owns 24,372 shares of the asset manager's stock worth $2,182,000 after purchasing an additional 6,767 shares during the period. Empowered Funds LLC grew its position in shares of State Street by 220.1% in the 1st quarter. Empowered Funds LLC now owns 23,263 shares of the asset manager's stock worth $2,065,000 after buying an additional 15,996 shares during the period. NewEdge Advisors LLC grew its position in shares of State Street by 105.2% in the 1st quarter. NewEdge Advisors LLC now owns 10,193 shares of the asset manager's stock worth $913,000 after buying an additional 5,226 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in State Street by 2.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 32,223 shares of the asset manager's stock valued at $2,885,000 after acquiring an additional 918 shares during the period. Finally, Brighton Jones LLC bought a new stake in State Street during the fourth quarter worth about $296,000. 87.44% of the stock is owned by institutional investors.

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.