Zacks Research Has Negative View of State Street Q3 Earnings

State Street Co. (NYSE:STT) – Equities researchers at Zacks Research reduced their Q3 2025 earnings estimates for State Street in a research report issued on Tuesday, April 15th. Zacks Research analyst R. Department now expects that the asset manager will post earnings of $2.34 per share for the quarter, down from their prior estimate 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.

A number of other research firms have also recently weighed in on STT. Wells Fargo & Company decreased their price objective on shares of State Street from $118.00 to $113.00 and set an “overweight” rating on the stock in a report on Friday, March 28th. Citigroup lowered their price objective on State Street from $105.00 to $100.00 and set a “neutral” rating on the stock in a report on Monday, March 24th. The Goldman Sachs Group set a $98.00 target price on State Street and gave the company a “buy” rating in a report on Thursday. Barclays raised their target price on State Street from $108.00 to $127.00 and gave the company an “overweight” rating in a research report on Monday, January 6th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $103.00 price target (down from $104.00) on shares of State Street in a research report on Wednesday, January 22nd. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $103.54.

State Street Trading Up 2.2 %

Shares of NYSE:STT opened at $81.39 on Thursday. The business’s 50 day moving average price is $89.58 and its 200-day moving average price is $93.75. State Street has a 1 year low of $70.20 and a 1 year high of $103.00. The firm has a market capitalization of $23.49 billion, a price-to-earnings ratio of 9.88, a price-to-earnings-growth ratio of 1.11 and a beta of 1.42. 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 (NYSE:STT) last released its quarterly earnings results on Thursday, April 17th. The asset manager reported $2.04 earnings per share for the quarter, topping analysts’ consensus estimates of $1.98 by $0.06. State Street had a return on equity of 12.60% and a net margin of 12.14%. The company had revenue of $3.28 billion during the quarter, compared to analysts’ expectations of $3.30 billion. During the same quarter in the prior year, the firm posted $1.69 EPS.

State Street Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, April 11th. Stockholders 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 3.74%. State Street’s payout ratio is 36.89%.

Insider Activity at State Street

In other 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 completion of the sale, the executive vice president now owns 50,816 shares of the company’s stock, valued at $5,054,667.52. This represents a 6.80 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Gregory L. Summe sold 10,815 shares of State Street stock in a transaction that occurred 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 sale, the director now directly owns 100,023 shares in the company, valued at approximately $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.

Hedge Funds Weigh In On State Street

Several large investors have recently modified their holdings of the business. MML Investors Services LLC boosted its stake in State Street by 6.1% during the third quarter. MML Investors Services LLC now owns 11,236 shares of the asset manager’s stock worth $994,000 after buying an additional 642 shares during the period. Sanctuary Advisors LLC lifted its holdings in shares of State Street by 6.2% in the 3rd quarter. Sanctuary Advisors LLC now owns 14,700 shares of the asset manager’s stock worth $1,433,000 after acquiring an additional 860 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new position in shares of State Street during the 3rd quarter worth approximately $1,125,000. Synovus Financial Corp increased its holdings in State Street by 10.3% in the 3rd quarter. Synovus Financial Corp now owns 13,321 shares of the asset manager’s stock valued at $1,179,000 after purchasing an additional 1,247 shares during the last quarter. Finally, Peapack Gladstone Financial Corp raised its position in State Street by 2.0% in the third quarter. Peapack Gladstone Financial Corp now owns 5,283 shares of the asset manager’s stock valued at $467,000 after purchasing an additional 103 shares during the period. Institutional investors and hedge funds own 87.44% of the company’s stock.

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.