State Street Corporation (NYSE:STT) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of State Street Corporation (NYSE:STT) have been given an average recommendation of “Moderate Buy” by the fifteen analysts that are presently covering the company, MarketBeat reports. Four research analysts have rated the stock with a hold recommendation, eight have assigned a buy recommendation and three have assigned a strong buy recommendation to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $158.5667.

A number of research firms have weighed in on STT. Royal Bank Of Canada lifted their price objective on State Street from $135.00 to $155.00 and gave the company a “sector perform” rating in a report on Monday, April 20th. Seaport Research Partners reaffirmed a “buy” rating and set a $170.00 price objective on shares of State Street in a report on Monday, April 20th. Keefe, Bruyette & Woods boosted their target price on State Street from $157.00 to $175.00 and gave the stock an “outperform” rating in a report on Monday, April 20th. Argus boosted their target price on State Street from $140.00 to $168.00 and gave the stock a “buy” rating in a report on Tuesday, April 21st. Finally, Wells Fargo & Company boosted their target price on State Street from $162.00 to $171.00 and gave the stock an “overweight” rating in a report on Tuesday, May 26th.

Insiders Place Their Bets

In other news, COO Mostapha Tahiri sold 9,611 shares of the business’s stock in a transaction that occurred on Wednesday, April 22nd. The stock was sold at an average price of $152.93, for a total value of $1,469,810.23. Following the transaction, the chief operating officer directly owned 64,642 shares of the company’s stock, valued at $9,885,701.06. The trade was a 12.94% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Hanley Ronald P. O sold 14,553 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $155.35, for a total value of $2,260,808.55. Following the completion of the transaction, the chief executive officer directly owned 255,512 shares in the company, valued at $39,693,789.20. The trade was a 5.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 37,876 shares of company stock valued at $5,866,583 over the last quarter. 0.27% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of STT. Regents of The University of California boosted its holdings in shares of State Street by 211.2% in the 4th quarter. Regents of The University of California now owns 8,706,195 shares of the asset manager’s stock worth $1,123,186,000 after acquiring an additional 5,908,370 shares in the last quarter. Norges Bank acquired a new position in State Street during the 4th quarter worth $303,483,000. Pinebridge Investments LLC acquired a new position in State Street during the 4th quarter worth $178,705,000. Victory Capital Management Inc. lifted its holdings in State Street by 30.8% during the 4th quarter. Victory Capital Management Inc. now owns 4,559,546 shares of the asset manager’s stock worth $588,227,000 after buying an additional 1,074,174 shares in the last quarter. Finally, Two Sigma Investments LP lifted its holdings in State Street by 261.0% during the 3rd quarter. Two Sigma Investments LP now owns 1,217,802 shares of the asset manager’s stock worth $141,277,000 after buying an additional 880,507 shares in the last quarter. 87.44% of the stock is owned by institutional investors and hedge funds.

More State Street News

Here are the key news stories impacting State Street this week:

• Positive Sentiment: State Street highlighted its presentation at the Morgan Stanley US Financials Conference, which can reinforce investor focus on management’s outlook and strategy. State Street Corporation (STT) Presents at Morgan Stanley US Financials Conference 2026 Transcript
• Positive Sentiment: Analysts remain constructive on STT, with recent price target increases from Wells Fargo and Morgan Stanley, supporting the case that the shares still have upside after strong quarterly results. KEY vs. STT: Which Stock Is the Better Value Option?
• Neutral Sentiment: State Street EVP Michael Richards sold 1,500 shares for about $243,210, a modest insider sale that may draw attention but does not by itself signal a major change in fundamentals. State Street (NYSE:STT) EVP Michael Richards Sells 1,500 Shares
• Neutral Sentiment: State Street also exited substantial holdings in several non-U.S. companies such as Deterra Royalties, Nick Scali, and Bapcor; this reflects portfolio rebalancing more than a direct catalyst for STT shares. State Street Entities Exit Substantial Holder Position in Deterra Royalties
• Negative Sentiment: The insider sale may be viewed as a small caution flag, especially with STT near its 52-week high, as some investors may worry insiders are trimming into strength. State Street stock insider trades

State Street Stock Down 0.6%

NYSE STT opened at $162.26 on Thursday. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 1.04. The stock’s 50 day moving average is $149.29 and its two-hundred day moving average is $134.85. The company has a market capitalization of $44.91 billion, a price-to-earnings ratio of 16.46, a PEG ratio of 0.89 and a beta of 1.43. State Street has a 1-year low of $95.67 and a 1-year high of $164.35.

State Street (NYSE:STT) last released its quarterly earnings data on Friday, April 17th. The asset manager reported $2.84 earnings per share for the quarter, beating analysts’ consensus estimates of $2.64 by $0.20. The company had revenue of $3.80 billion for the quarter, compared to the consensus estimate of $3.59 billion. State Street had a return on equity of 14.22% and a net margin of 13.47%.The company’s quarterly revenue was up 15.6% on a year-over-year basis. During the same period in the previous year, the business earned $2.04 earnings per share. Equities analysts forecast that State Street will post 12.35 earnings per share for the current fiscal year.

State Street Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 13th. Stockholders of record on Wednesday, July 1st will be issued a $0.84 dividend. This represents a $3.36 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Wednesday, July 1st. State Street’s payout ratio is presently 34.08%.

About State Street

State Street Corporation is a global financial services company that provides a range of investment servicing, investment management and investment research and trading services to institutional investors. Its principal activities include custody and fund administration, securities lending, performance and risk analytics, trading and execution services, and foreign exchange. The company also offers investment management through State Street Global Advisors, a major provider of exchange-traded funds and institutional investment strategies.

State Street serves a broad client base of asset managers, insurance companies, pension funds, endowments, and other institutions across North America, Europe, Asia and other global markets.