Q3 EPS Estimates for State Street Reduced by Zacks Research

State Street Co. (NYSE:STT - Free Report) - Research analysts at Zacks Research decreased their Q3 2025 earnings per share (EPS) estimates for shares of State Street in a note issued to investors on Tuesday, April 15th. Zacks Research analyst R. Department now anticipates that the asset manager will earn $2.34 per share for the quarter, down from their previous forecast of $2.47. 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 Q4 2026 earnings at $2.69 EPS and FY2026 earnings at $9.93 EPS.

State Street (NYSE:STT - Get Free Report) last released its quarterly earnings data on Thursday, April 17th. The asset manager reported $2.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.98 by $0.06. The firm had revenue of $3.28 billion during the quarter, compared to analysts' expectations of $3.30 billion. State Street had a net margin of 12.14% and a return on equity of 12.60%. During the same period last year, the business earned $1.69 earnings per share.

Several other equities research analysts have also recently issued reports on STT. Bank of America raised their target price on State Street from $98.00 to $99.00 and gave the stock an "underperform" rating in a research note on Wednesday, April 2nd. Wells Fargo & Company cut their price objective on State Street from $118.00 to $113.00 and set an "overweight" rating for the company in a research report on Friday, March 28th. Wolfe Research raised shares of State Street from an "underperform" rating to a "peer perform" rating in a research report on Monday, January 27th. JPMorgan Chase & Co. upgraded shares of State Street from an "underweight" rating to a "neutral" rating and set a $95.00 price target for the company in a research report on Friday, December 20th. Finally, Truist Financial decreased their price objective on shares of State Street from $104.00 to $89.00 and set a "hold" rating on the stock in a report on Friday, April 4th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $103.54.

State Street Trading Up 2.2 %

Shares of NYSE STT traded up $1.76 during midday trading on Thursday, reaching $81.39. 5,521,939 shares of the stock were exchanged, compared to its average volume of 2,182,146. The stock has a market capitalization of $23.49 billion, a P/E ratio of 9.88, a PEG ratio of 1.11 and a beta of 1.42. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.56 and a current ratio of 0.56. The company has a 50 day simple moving average of $89.24 and a 200 day simple moving average of $93.77. State Street has a twelve month low of $70.20 and a twelve month high of $103.00.

Hedge Funds Weigh In On State Street

Several large investors have recently bought and sold shares of STT. Norges Bank acquired a new stake in shares of State Street during the fourth quarter worth about $161,021,000. Price T Rowe Associates Inc. MD boosted its position in shares of State Street by 236.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,309,130 shares of the asset manager's stock valued at $226,642,000 after purchasing an additional 1,622,408 shares during the period. FMR LLC grew its stake in State Street by 14.2% during the 4th quarter. FMR LLC now owns 6,983,607 shares of the asset manager's stock worth $685,441,000 after buying an additional 870,849 shares during the last quarter. Azora Capital LP acquired a new position in State Street during the fourth quarter worth approximately $80,294,000. Finally, Northern Trust Corp lifted its stake in State Street by 15.7% in the fourth quarter. Northern Trust Corp now owns 4,148,410 shares of the asset manager's stock valued at $407,166,000 after buying an additional 563,790 shares during the last quarter. Hedge funds and other institutional investors own 87.44% of the company's stock.

Insider Buying and Selling at State Street

In other State Street news, EVP Ann Fogarty sold 3,705 shares of the stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $99.47, for a total value of $368,536.35. Following the sale, the executive vice president now directly owns 50,816 shares of the company's stock, valued at approximately $5,054,667.52. This represents a 6.80 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Gregory L. Summe sold 10,815 shares of the firm's stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $100.00, for a total transaction of $1,081,500.00. Following the completion of the sale, the director now owns 100,023 shares in the company, valued at $10,002,300. The trade was a 9.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.29% of the stock is owned by corporate insiders.

State Street Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 11th. Shareholders of record on Tuesday, April 1st were issued a dividend of $0.76 per share. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $3.04 annualized dividend and a yield of 3.74%. State Street's dividend payout ratio (DPR) is 34.12%.

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.