Zacks Research Boosts Earnings Estimates for State Street

State Street Corporation (NYSE:STT) – Investment analysts at Zacks Research boosted their Q3 2025 earnings per share (EPS) estimates for shares of State Street in a research report issued on Monday, October 6th. Zacks Research analyst Team now anticipates that the asset manager will post earnings of $2.50 per share for the quarter, up from their prior forecast of $2.48. Zacks Research has a “Strong-Buy” rating on the stock. 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 2025 earnings at $2.66 EPS, FY2025 earnings at $9.72 EPS, Q1 2026 earnings at $2.42 EPS, Q2 2026 earnings at $2.78 EPS, Q3 2026 earnings at $2.70 EPS, Q4 2026 earnings at $2.74 EPS, FY2026 earnings at $10.64 EPS, Q1 2027 earnings at $2.86 EPS, Q2 2027 earnings at $3.03 EPS, Q3 2027 earnings at $3.07 EPS and FY2027 earnings at $12.04 EPS.

State Street (NYSE:STT) last issued its earnings results on Tuesday, July 15th. The asset manager reported $2.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.36 by $0.17. State Street had a net margin of 12.59% and a return on equity of 12.96%. The firm had revenue of $3.47 billion for the quarter, compared to analysts’ expectations of $3.33 billion. During the same quarter last year, the business earned $2.15 earnings per share. The business’s revenue was up 2.9% on a year-over-year basis.

Several other analysts have also recently issued reports on STT. Wells Fargo & Company raised their target price on State Street from $113.00 to $121.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 8th. Weiss Ratings reissued a “buy (b)” rating on shares of State Street in a research note on Saturday, September 27th. Truist Financial upped their target price on State Street from $125.00 to $133.00 and gave the company a “buy” rating in a report on Thursday. Morgan Stanley reiterated an “overweight” rating and issued a $162.00 price target on shares of State Street in a report on Monday, September 29th. Finally, Cfra Research raised shares of State Street from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, July 15th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $122.83.

State Street Price Performance

Shares of State Street stock opened at $117.00 on Tuesday. The company’s fifty day simple moving average is $112.92 and its two-hundred day simple moving average is $101.72. State Street has a 12-month low of $72.81 and a 12-month high of $118.06. The firm has a market cap of $33.19 billion, a PE ratio of 13.10, a price-to-earnings-growth ratio of 1.13 and a beta of 1.46. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 1.09.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Brighton Jones LLC bought a new position in State Street in the 4th quarter worth about $296,000. Merit Financial Group LLC raised its holdings in State Street by 45.3% in the first quarter. Merit Financial Group LLC now owns 5,846 shares of the asset manager’s stock worth $523,000 after buying an additional 1,822 shares during the last quarter. Wedmont Private Capital lifted its stake in shares of State Street by 4.2% in the first quarter. Wedmont Private Capital now owns 6,410 shares of the asset manager’s stock worth $574,000 after buying an additional 258 shares in the last quarter. UMB Bank n.a. lifted its stake in shares of State Street by 8.4% in the first quarter. UMB Bank n.a. now owns 2,272 shares of the asset manager’s stock worth $203,000 after buying an additional 176 shares in the last quarter. Finally, Park Avenue Securities LLC grew its holdings in shares of State Street by 4.5% during the first quarter. Park Avenue Securities LLC now owns 6,919 shares of the asset manager’s stock valued at $619,000 after buying an additional 297 shares during the last quarter. Hedge funds and other institutional investors own 87.44% of the company’s stock.

Insider Buying and Selling

In other State Street news, EVP Michael L. Richards sold 990 shares of the company’s stock in a transaction dated Tuesday, July 22nd. The shares were sold at an average price of $109.29, for a total value of $108,197.10. Following the sale, the executive vice president owned 41,332 shares in the company, valued at approximately $4,517,174.28. This represents a 2.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.29% of the stock is owned by insiders.

State Street Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 14th. Investors of record on Wednesday, October 1st will be given a dividend of $0.84 per share. This is an increase from State Street’s previous quarterly dividend of $0.76. The ex-dividend date of this dividend is Wednesday, October 1st. This represents a $3.36 dividend on an annualized basis and a yield of 2.9%. State Street’s dividend payout ratio is 37.63%.

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.