Zacks Research Increases Earnings Estimates for State Street

State Street Co. (NYSE:STT - Free Report) - Research analysts at Zacks Research raised their Q3 2025 earnings estimates for State Street in a research note issued to investors on Thursday, January 9th. Zacks Research analyst R. Department now forecasts that the asset manager will post earnings per share of $2.49 for the quarter, up from their prior forecast of $2.47. 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 $2.70 EPS, Q3 2026 earnings at $2.79 EPS and FY2026 earnings at $10.44 EPS.

A number of other research analysts have also weighed in on STT. Morgan Stanley reduced their target price on State Street from $139.00 to $132.00 and set an "overweight" rating for the company in a report on Friday, January 3rd. The Goldman Sachs Group upped their target price on shares of State Street from $98.00 to $100.00 and gave the stock a "buy" rating in a report on Thursday, September 26th. JPMorgan Chase & Co. raised shares of State Street from an "underweight" rating to a "neutral" rating and set a $95.00 price target for the company in a report on Friday, December 20th. Deutsche Bank Aktiengesellschaft increased their price objective on State Street from $90.00 to $95.00 and gave the stock a "hold" rating in a research report on Monday, November 11th. Finally, Evercore ISI boosted their price objective on State Street from $89.00 to $94.00 and gave the stock an "outperform" rating in a report on Wednesday, October 16th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $100.33.

State Street Stock Performance

Shares of NYSE STT traded up $0.55 during mid-day trading on Monday, hitting $94.46. The company had a trading volume of 2,051,813 shares, compared to its average volume of 1,729,239. The stock's 50-day moving average price is $97.46 and its 200-day moving average price is $89.05. The company has a market capitalization of $27.69 billion, a price-to-earnings ratio of 14.92, a P/E/G ratio of 1.24 and a beta of 1.43. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 0.91. State Street has a 1 year low of $70.20 and a 1 year high of $101.91.

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

Hedge Funds Weigh In On State Street

A number of institutional investors have recently added to or reduced their stakes in the company. Ashton Thomas Private Wealth LLC purchased a new stake in shares of State Street in the 2nd quarter worth about $27,000. Coastline Trust Co purchased a new stake in State Street in the third quarter worth about $44,000. Friedenthal Financial purchased a new stake in State Street in the fourth quarter worth about $49,000. Capital Performance Advisors LLP bought a new position in shares of State Street during the third quarter valued at approximately $54,000. Finally, Versant Capital Management Inc boosted its position in shares of State Street by 37.0% in the 4th quarter. Versant Capital Management Inc now owns 730 shares of the asset manager's stock worth $72,000 after purchasing an additional 197 shares in the last quarter. Institutional investors own 87.44% of the company's stock.

Insider Transactions at State Street

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

State Street Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 13th. Shareholders of record on Thursday, January 2nd will be given a $0.76 dividend. This represents a $3.04 dividend on an annualized basis and a dividend yield of 3.22%. The ex-dividend date of this dividend is Thursday, January 2nd. State Street's payout ratio is 48.03%.

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.