State Street Q1 EPS Estimate Increased by Zacks Research

State Street Co. (NYSE:STT) – Zacks Research lifted their Q1 2025 earnings estimates for State Street in a research note issued on Tuesday, April 15th. Zacks Research analyst R. Department now expects that the asset manager will earn $1.93 per share for the quarter, up from their previous forecast of $1.92. 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 Q2 2025 earnings at $2.39 EPS, Q4 2025 earnings at $2.55 EPS, FY2025 earnings at $9.22 EPS, Q1 2026 earnings at $2.11 EPS, Q2 2026 earnings at $2.59 EPS, Q3 2026 earnings at $2.53 EPS, Q1 2027 earnings at $2.33 EPS and FY2027 earnings at $10.89 EPS.

Several other research firms have also recently weighed in on STT. JPMorgan Chase & Co. upgraded shares of State Street from an “underweight” rating to a “neutral” rating and set a $95.00 price objective for the company in a research report on Friday, December 20th. Morgan Stanley lowered their price objective on State Street from $139.00 to $132.00 and set an “overweight” rating for the company in a research report on Wednesday, April 2nd. Evercore ISI cut their target price on State Street from $109.00 to $106.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 1st. Barclays increased their price target on State Street from $108.00 to $127.00 and gave the stock an “overweight” rating in a report on Monday, January 6th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $103.00 price objective (down previously from $104.00) on shares of State Street in a research note on Wednesday, January 22nd. One analyst has rated the stock with a sell rating, seven have issued a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, State Street presently has a consensus rating of “Hold” and a consensus price target of $103.69.

State Street Stock Performance

Shares of STT stock opened at $79.68 on Wednesday. The stock has a market capitalization of $22.99 billion, a PE ratio of 9.67, a PEG ratio of 1.11 and a beta of 1.42. The business’s 50 day simple moving average is $89.91 and its 200 day simple moving average is $93.80. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.56 and a quick ratio of 0.56. State Street has a one year low of $70.20 and a one year high of $103.00.

State Street (NYSE:STT) last announced its earnings results on Friday, January 17th. The asset manager reported $2.60 EPS for the quarter, topping the consensus estimate of $2.29 by $0.31. State Street had a return on equity of 12.60% and a net margin of 12.14%. The firm had revenue of $3.41 billion for the quarter, compared to the consensus estimate of $3.27 billion. During the same period in the previous year, the business earned $2.04 EPS. The business’s quarterly revenue was up 12.1% compared to the same quarter last year.

Institutional Investors Weigh In On State Street

Institutional investors have recently made changes to their positions in the stock. Invesco Ltd. lifted its holdings in State Street by 5.7% during the 4th quarter. Invesco Ltd. now owns 7,510,570 shares of the asset manager’s stock worth $737,162,000 after purchasing an additional 406,396 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of State Street by 0.3% in the fourth quarter. Geode Capital Management LLC now owns 7,193,687 shares of the asset manager’s stock valued at $704,238,000 after acquiring an additional 24,617 shares during the period. FMR LLC grew its stake in State Street by 14.2% during the fourth quarter. FMR LLC now owns 6,983,607 shares of the asset manager’s stock valued at $685,441,000 after acquiring an additional 870,849 shares in the last quarter. Amundi increased its holdings in State Street by 11.1% during the 4th quarter. Amundi now owns 5,602,547 shares of the asset manager’s stock worth $547,636,000 after acquiring an additional 561,773 shares during the period. Finally, Northern Trust Corp boosted its holdings in State Street by 15.7% in the 4th quarter. Northern Trust Corp now owns 4,148,410 shares of the asset manager’s stock valued at $407,166,000 after purchasing an additional 563,790 shares during the period. Hedge funds and other institutional investors own 87.44% of the company’s stock.

Insider Activity at State Street

In other State Street news, EVP Ann Fogarty sold 3,705 shares of the company’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $99.47, for a total transaction of $368,536.35. Following the sale, the executive vice president now directly owns 50,816 shares of the company’s stock, valued at $5,054,667.52. This represents a 6.80 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Gregory L. Summe sold 10,815 shares of State Street stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $100.00, for a total transaction of $1,081,500.00. Following the completion of the transaction, the director now owns 100,023 shares of the company’s stock, valued at $10,002,300. The trade was a 9.76 % decrease in their position. The disclosure for this sale can be found here. 0.31% of the stock is currently owned by insiders.

State Street Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, April 11th. Investors of record on Tuesday, April 1st were given a dividend of $0.76 per share. The ex-dividend date was Tuesday, April 1st. This represents a $3.04 annualized dividend and a dividend yield of 3.82%. State Street’s payout ratio is 36.89%.

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.