Zacks Research Boosts Earnings Estimates for State Street

Key Points

• Zacks Research has raised its Q3 2025 earnings estimate for State Street to $2.43 per share, up from the previous forecast of $2.30.
• The company has increased its quarterly dividend from $0.76 to $0.84 per share, reflecting a 3.1% dividend yield.
• State Street's recent quarterly earnings topped expectations, reporting $2.53 EPS, exceeding the consensus estimate of $2.36 by $0.17.

State Street Corporation (NYSE:STT - Free Report) - Stock analysts at Zacks Research upped their Q3 2025 earnings per share (EPS) estimates for State Street in a report released on Monday, August 4th. Zacks Research analyst R. Department now expects that the asset manager will post earnings of $2.43 per share for the quarter, up from their prior forecast of $2.30. The consensus estimate for State Street's current full-year earnings is $9.68 per share. Zacks Research also issued estimates for State Street's FY2025 earnings at $9.46 EPS, Q1 2026 earnings at $2.31 EPS and Q1 2027 earnings at $2.60 EPS.

Several other equities research analysts have also recently issued reports on the company. Keefe, Bruyette & Woods decreased their price objective on State Street from $118.00 to $113.00 and set an "outperform" rating on the stock in a report on Monday, April 21st. Barclays lowered their price target on 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 upgraded shares of State Street from a "hold" rating to a "moderate buy" rating in a report on Tuesday, July 15th. Evercore ISI boosted their target price on shares of State Street from $102.00 to $115.00 and gave the company an "outperform" rating in a report on Wednesday, July 2nd. Finally, Citigroup upped their price objective on State Street from $100.00 to $115.00 and gave the stock a "neutral" rating in a report on Wednesday, July 2nd. One research analyst has rated the stock with a sell rating, five have issued a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $112.00.

State Street Stock Up 1.1%

Shares of NYSE STT opened at $109.80 on Tuesday. The firm's 50 day moving average price is $104.38 and its 200 day moving average price is $96.26. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.57 and a current ratio of 0.57. The firm has a market cap of $31.15 billion, a P/E ratio of 12.30, a price-to-earnings-growth ratio of 1.21 and a beta of 1.48. State Street has a 1 year low of $72.81 and a 1 year high of $114.28.

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

State Street Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 14th. Stockholders of record on Wednesday, October 1st will be given a dividend of $0.84 per share. The ex-dividend date of this dividend is Wednesday, October 1st. This is an increase from State Street's previous quarterly dividend of $0.76. This represents a $3.36 dividend on an annualized basis and a dividend yield of 3.1%. State Street's dividend payout ratio is 34.04%.

Insider Buying and Selling at State Street

In other State Street news, EVP Michael L. Richards sold 990 shares of the stock in a transaction 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 transaction, the executive vice president directly owned 41,332 shares in the company, valued at $4,517,174.28. This represents a 2.34% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.29% of the company's stock.

Hedge Funds Weigh In On State Street

Several large investors have recently modified their holdings of STT. First Pacific Financial acquired a new stake in State Street during the first quarter worth about $25,000. Capital Analysts LLC raised its position in shares of State Street by 3,914.3% during the 1st quarter. Capital Analysts LLC now owns 281 shares of the asset manager's stock worth $25,000 after purchasing an additional 274 shares during the period. Larson Financial Group LLC raised its position in shares of State Street by 40.8% during the 1st quarter. Larson Financial Group LLC now owns 407 shares of the asset manager's stock worth $36,000 after purchasing an additional 118 shares during the period. Coppell Advisory Solutions LLC lifted its holdings in shares of State Street by 2,942.9% in the 4th quarter. Coppell Advisory Solutions LLC now owns 426 shares of the asset manager's stock worth $42,000 after purchasing an additional 412 shares during the last quarter. Finally, Golden State Wealth Management LLC boosted its position in State Street by 186.7% during the 1st 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.

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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