Q3 EPS Estimates for State Street Cut by Zacks Research

State Street Co. (NYSE:STT - Free Report) - Research analysts at Zacks Research cut their Q3 2025 earnings per share estimates for State Street in a research report issued to clients and investors on Tuesday, December 17th. Zacks Research analyst R. Department now anticipates that the asset manager will post earnings per share of $2.47 for the quarter, down from their previous forecast of $2.50. The consensus estimate for State Street's current full-year earnings is $8.42 per share. Zacks Research also issued estimates for State Street's Q2 2026 earnings at $2.68 EPS, Q3 2026 earnings at $2.76 EPS and FY2026 earnings at $10.27 EPS.

Other equities analysts also recently issued reports about the company. Morgan Stanley upgraded State Street from an "equal weight" rating to an "overweight" rating and boosted their price objective for the company from $102.00 to $139.00 in a research report on Monday, December 9th. JPMorgan Chase & Co. raised State Street from an "underweight" rating to a "neutral" rating and set a $95.00 price target on the stock in a report on Friday. Wells Fargo & Company upped their price target on State Street from $106.00 to $108.00 and gave the stock an "overweight" rating in a research note on Friday, November 15th. StockNews.com upgraded shares of State Street from a "hold" rating to a "buy" rating in a research report on Thursday. Finally, Evercore ISI upped their target price on shares of State Street from $89.00 to $94.00 and gave the stock an "outperform" rating in a research report on Wednesday, October 16th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $98.36.

State Street Price Performance

Shares of STT traded up $2.78 during trading hours on Friday, reaching $98.20. 6,620,027 shares of the stock traded hands, compared to its average volume of 2,235,194. The company has a market cap of $28.79 billion, a P/E ratio of 15.51, a price-to-earnings-growth ratio of 1.24 and a beta of 1.44. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 0.91. The company's 50-day moving average price is $95.56 and its two-hundred day moving average price is $86.05. State Street has a 52-week low of $70.20 and a 52-week high of $101.91.

State Street (NYSE:STT - Get Free Report) last released its earnings results on Tuesday, October 15th. The asset manager reported $2.26 EPS for the quarter, topping analysts' consensus estimates of $2.12 by $0.14. The company had revenue of $3.26 billion for the quarter, compared to analysts' expectations of $3.19 billion. State Street had a net margin of 9.87% and a return on equity of 12.02%. The firm's revenue was up 21.1% compared to the same quarter last year. During the same quarter last year, the business earned $1.93 EPS.

State Street Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 13th. Stockholders of record on Thursday, January 2nd will be paid a $0.76 dividend. This represents a $3.04 annualized dividend and a dividend yield of 3.10%. The ex-dividend date is Thursday, January 2nd. State Street's payout ratio is 48.03%.

Insider Transactions at State Street

In other news, EVP John Plansky sold 13,859 shares of the firm's stock in a transaction dated Friday, October 18th. The shares were sold at an average price of $91.32, for a total value of $1,265,603.88. Following the completion of the sale, the executive vice president now owns 55,108 shares in the company, valued at approximately $5,032,462.56. This trade represents a 20.10 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kathryn M. Horgan sold 12,500 shares of the company's stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $97.97, for a total transaction of $1,224,625.00. Following the transaction, the executive vice president now owns 111,042 shares in the company, valued at $10,878,784.74. The trade was a 10.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 26,460 shares of company stock worth $2,499,860. 0.31% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On State Street

A number of institutional investors and hedge funds have recently modified their holdings of the business. Hotchkis & Wiley Capital Management LLC lifted its holdings in State Street by 30.4% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 5,811,415 shares of the asset manager's stock valued at $514,136,000 after buying an additional 1,354,560 shares in the last quarter. LSV Asset Management raised its stake in shares of State Street by 30.6% during the second quarter. LSV Asset Management now owns 5,282,386 shares of the asset manager's stock valued at $390,897,000 after acquiring an additional 1,238,251 shares in the last quarter. FMR LLC boosted its holdings in shares of State Street by 15.8% in the third quarter. FMR LLC now owns 6,112,758 shares of the asset manager's stock valued at $540,796,000 after purchasing an additional 833,679 shares during the period. Wellington Management Group LLP grew its stake in State Street by 818.1% in the third quarter. Wellington Management Group LLP now owns 518,697 shares of the asset manager's stock worth $45,889,000 after purchasing an additional 462,201 shares in the last quarter. Finally, National Bank of Canada FI increased its holdings in State Street by 99.4% during the 3rd quarter. National Bank of Canada FI now owns 888,146 shares of the asset manager's stock worth $78,574,000 after purchasing an additional 442,725 shares during the period. 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.