Q1 EPS Estimates for State Street Boosted by Zacks Research

State Street Co. (NYSE:STT - Free Report) - Equities researchers at Zacks Research raised their Q1 2025 earnings per share (EPS) estimates for State Street in a research report issued to clients and investors on Thursday, February 6th. Zacks Research analyst R. Department now anticipates that the asset manager will post earnings of $1.92 per share for the quarter, up from their prior forecast of $1.80. The consensus estimate for State Street's current full-year earnings is $9.60 per share. Zacks Research also issued estimates for State Street's Q4 2025 earnings at $2.62 EPS, FY2025 earnings at $9.47 EPS, Q1 2026 earnings at $2.15 EPS and FY2027 earnings at $11.08 EPS.

A number of other research analysts have also recently commented on the company. Evercore ISI boosted their price objective on State Street from $89.00 to $94.00 and gave the stock an "outperform" rating in a research note on Wednesday, October 16th. JPMorgan Chase & Co. upgraded State Street from an "underweight" rating to a "neutral" rating and set a $95.00 price target on the stock in a research note on Friday, December 20th. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and issued a $103.00 price target (down previously from $104.00) on shares of State Street in a research note on Wednesday, January 22nd. StockNews.com raised State Street from a "hold" rating to a "buy" rating in a report on Saturday, January 25th. Finally, Wolfe Research raised State Street from an "underperform" rating to a "peer perform" rating in a report on Monday, January 27th. One analyst has rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, State Street has a consensus rating of "Hold" and an average target price of $100.73.

State Street Stock Up 0.8 %

Shares of STT traded up $0.83 during midday trading on Monday, reaching $99.05. 1,382,460 shares of the company were exchanged, compared to its average volume of 1,971,043. The stock has a 50-day moving average price of $98.56 and a 200-day moving average price of $92.05. The company has a market cap of $29.04 billion, a price-to-earnings ratio of 12.02, a P/E/G ratio of 1.12 and a beta of 1.43. State Street has a 1-year low of $70.20 and a 1-year high of $103.00. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 1.03.

State Street (NYSE:STT - Get Free Report) last issued its earnings results on Friday, January 17th. The asset manager reported $2.60 earnings per share for the quarter, beating analysts' consensus estimates of $2.29 by $0.31. State Street had a return on equity of 12.60% and a net margin of 12.14%. The firm had revenue of $3.41 billion for the quarter, compared to analysts' expectations of $3.27 billion. During the same quarter last year, the firm earned $2.04 earnings per share. The firm's revenue for the quarter was up 12.1% compared to the same quarter last year.

State Street Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, January 13th. Shareholders of record on Thursday, January 2nd were paid a dividend of $0.76 per share. This represents a $3.04 dividend on an annualized basis and a yield of 3.07%. The ex-dividend date was Thursday, January 2nd. State Street's payout ratio is currently 36.89%.

Insider Buying and Selling at State Street

In other news, EVP Kathryn M. Horgan sold 12,500 shares of the firm's stock in a transaction on Monday, November 25th. The stock was sold at an average price of $97.97, for a total transaction of $1,224,625.00. Following the completion of the sale, the executive vice president now directly owns 111,042 shares of the company's stock, valued at $10,878,784.74. This trade represents a 10.12 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.31% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On State Street

Large investors have recently modified their holdings of the stock. Adero Partners LLC boosted its holdings in State Street by 3.6% during the fourth quarter. Adero Partners LLC now owns 2,900 shares of the asset manager's stock valued at $285,000 after purchasing an additional 100 shares in the last quarter. Peapack Gladstone Financial Corp boosted its holdings in State Street by 2.0% during the third quarter. Peapack Gladstone Financial Corp now owns 5,283 shares of the asset manager's stock valued at $467,000 after purchasing an additional 103 shares in the last quarter. Jacobi Capital Management LLC boosted its holdings in State Street by 1.0% during the fourth quarter. Jacobi Capital Management LLC now owns 12,232 shares of the asset manager's stock valued at $1,201,000 after purchasing an additional 121 shares in the last quarter. Moors & Cabot Inc. boosted its holdings in State Street by 0.7% during the fourth quarter. Moors & Cabot Inc. now owns 18,332 shares of the asset manager's stock valued at $1,799,000 after purchasing an additional 131 shares in the last quarter. Finally, Apollon Wealth Management LLC boosted its holdings in State Street by 1.4% during the fourth quarter. Apollon Wealth Management LLC now owns 10,050 shares of the asset manager's stock valued at $986,000 after purchasing an additional 138 shares in the last quarter. 87.44% of the stock is owned by institutional investors.

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.