Zacks Research Lifts Earnings Estimates for State Street

State Street Corporation (NYSE:STT) – Stock analysts at Zacks Research increased their FY2025 earnings per share estimates for shares of State Street in a research note issued on Friday, November 7th. Zacks Research analyst Team now forecasts that the asset manager will earn $10.12 per share for the year, up from their previous estimate of $9.72. 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 $2.77 EPS, Q1 2026 earnings at $2.46 EPS, Q3 2026 earnings at $2.86 EPS, Q4 2026 earnings at $2.87 EPS, FY2026 earnings at $10.97 EPS, Q1 2027 earnings at $2.87 EPS, Q2 2027 earnings at $3.04 EPS, Q3 2027 earnings at $3.09 EPS and FY2027 earnings at $12.13 EPS.

A number of other equities research analysts have also weighed in on the stock. TD Cowen started coverage on shares of State Street in a research note on Thursday, September 25th. They set a “buy” rating for the company. Morgan Stanley lifted their price objective on State Street from $162.00 to $165.00 and gave the stock an “overweight” rating in a report on Monday, October 20th. Cowen reissued a “buy” rating on shares of State Street in a report on Tuesday, October 21st. Wells Fargo & Company raised their target price on State Street from $121.00 to $129.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Finally, BMO Capital Markets initiated coverage on shares of State Street in a research report on Friday, October 3rd. They set an “outperform” rating and a $130.00 price target for the company. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $125.92.

State Street Stock Up 1.2%

Shares of State Street stock opened at $119.75 on Monday. State Street has a twelve month low of $72.81 and a twelve month high of $120.40. The company has a quick ratio of 0.57, a current ratio of 0.59 and a debt-to-equity ratio of 1.03. The company’s 50 day moving average is $114.64 and its 200 day moving average is $107.48. The company has a market cap of $33.45 billion, a price-to-earnings ratio of 12.67, a price-to-earnings-growth ratio of 1.24 and a beta of 1.47.

State Street (NYSE:STT) last posted its earnings results on Friday, October 17th. The asset manager reported $2.78 EPS for the quarter, topping analysts’ consensus estimates of $2.57 by $0.21. State Street had a return on equity of 13.37% and a net margin of 13.14%.The business had revenue of $13 billion during the quarter, compared to analyst estimates of $3.43 billion. During the same quarter last year, the company earned $2.26 EPS. The company’s quarterly revenue was up 8.8% compared to the same quarter last year.

Insider Transactions at State Street

In other State Street news, EVP Michael L. Richards sold 1,500 shares of the company’s stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $117.24, for a total value of $175,860.00. Following the completion of the sale, the executive vice president owned 38,626 shares in the company, valued at $4,528,512.24. This represents a 3.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.29% of the company’s stock.

Institutional Trading of State Street

Institutional investors have recently made changes to their positions in the business. Assetmark Inc. raised its position in State Street by 61.9% during the 1st quarter. Assetmark Inc. now owns 934 shares of the asset manager’s stock valued at $84,000 after purchasing an additional 357 shares in the last quarter. Nordea Investment Management AB increased its stake in shares of State Street by 2.2% during the second quarter. Nordea Investment Management AB now owns 2,273,567 shares of the asset manager’s stock valued at $241,862,000 after buying an additional 49,475 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of State Street by 0.9% during the first quarter. Charles Schwab Investment Management Inc. now owns 1,891,862 shares of the asset manager’s stock valued at $169,378,000 after buying an additional 16,926 shares during the period. Inspire Trust Co. N.A. raised its holdings in shares of State Street by 25.8% in the first quarter. Inspire Trust Co. N.A. now owns 45,000 shares of the asset manager’s stock valued at $4,029,000 after acquiring an additional 9,224 shares in the last quarter. Finally, Xponance Inc. grew its holdings in State Street by 38.9% during the 1st quarter. Xponance Inc. now owns 59,008 shares of the asset manager’s stock worth $5,283,000 after acquiring an additional 16,511 shares in the last quarter. Hedge funds and other institutional investors own 87.44% of the company’s stock.

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.