State Street (NYSE:STT) Earns “Hold” Rating from Truist Financial

State Street (NYSE:STT)‘s stock had its “hold” rating reaffirmed by stock analysts at Truist Financial in a report released on Friday, MarketBeat.com reports. They presently have a $191.00 target price on the asset manager’s stock, up from their prior target price of $176.00. Truist Financial’s target price indicates a potential upside of 4.79% from the stock’s current price.

A number of other analysts have also recently commented on STT. Bank of America lifted their price target on State Street from $160.00 to $190.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 7th. The Goldman Sachs Group increased their price objective on State Street from $168.00 to $194.00 and gave the company a “buy” rating in a report on Tuesday, June 30th. Keefe, Bruyette & Woods raised their price objective on State Street from $175.00 to $195.00 and gave the stock an “outperform” rating in a research note on Thursday, July 9th. Weiss Ratings raised State Street from a “buy (b)” rating to a “buy (b+)” rating in a report on Thursday, May 28th. Finally, Zacks Research lowered State Street from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, State Street currently has a consensus rating of “Moderate Buy” and a consensus target price of $183.84.

State Street Trading Down 1.8%

NYSE STT opened at $182.27 on Friday. State Street has a 12-month low of $104.64 and a 12-month high of $192.51. The company has a fifty day simple moving average of $165.83 and a two-hundred day simple moving average of $144.10. The company has a current ratio of 0.59, a quick ratio of 0.57 and a debt-to-equity ratio of 1.04. The stock has a market cap of $50.45 billion, a P/E ratio of 16.07, a P/E/G ratio of 0.94 and a beta of 1.42.

State Street (NYSE:STT) last announced its quarterly earnings data on Thursday, July 16th. The asset manager reported $3.65 earnings per share for the quarter, beating analysts’ consensus estimates of $3.34 by $0.31. State Street had a net margin of 15.02% and a return on equity of 15.26%. The firm had revenue of $4.05 billion for the quarter, compared to analyst estimates of $3.88 billion. During the same period in the previous year, the company earned $2.04 earnings per share. The business’s quarterly revenue was up 23.3% compared to the same quarter last year. On average, analysts forecast that State Street will post 13.35 earnings per share for the current year.

Insider Buying and Selling at State Street

In other news, COO Mostapha Tahiri sold 9,611 shares of the business’s stock in a transaction dated 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 completion of the transaction, the chief operating officer 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 filing with the SEC, which is available through the SEC website. Also, EVP Michael L. Richards sold 1,500 shares of the company’s stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $162.14, for a total value of $243,210.00. Following the completion of the sale, the executive vice president owned 41,827 shares in the company, valued at $6,781,829.78. The trade was a 3.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 37,876 shares of company stock valued at $5,866,583 in the last three months. Company insiders own 0.27% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Elevation Wealth Partners LLC boosted its position in State Street by 153.6% in the 2nd quarter. Elevation Wealth Partners LLC now owns 175 shares of the asset manager’s stock worth $30,000 after purchasing an additional 106 shares in the last quarter. Wilkerson Advisory Group LLC acquired a new stake in shares of State Street during the 4th quarter worth approximately $29,000. Phillip James Consulting Co. purchased a new position in shares of State Street during the 4th quarter valued at approximately $30,000. JPL Wealth Management LLC purchased a new position in shares of State Street during the 3rd quarter valued at approximately $29,000. Finally, Whipplewood Advisors LLC acquired a new position in shares of State Street in the 1st quarter valued at $34,000. 87.44% of the stock is currently owned by hedge funds and other institutional investors.

State Street News Summary

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

• Positive Sentiment: State Street delivered a Q2 earnings beat, reporting $3.65 EPS on $4.05 billion in revenue versus expectations of $3.34 EPS and $3.88 billion in sales, supported by higher fee income, stronger net interest income, and no credit-loss provision. State Street Corporation (NYSE: STT) Reports Second-Quarter 2026 Financial Results
• Positive Sentiment: Management’s update showed strong operating momentum, with assets under custody and management reaching record levels and revenue growth accelerating sharply year over year, reinforcing confidence in the company’s earnings power. State Street’s quarterly profit jumps 56% on strong fee income
• Positive Sentiment: Several analysts turned more constructive after the results, including KBW and Wells Fargo, both lifting their price targets to $215, while RBC raised its target to $196, signaling expectations for additional upside. These Analysts Raise Their Forecasts On State Street Following Upbeat Q2 Results
• Neutral Sentiment: Truist reaffirmed its hold rating but still increased its target to $191, suggesting the earnings strength improved valuation expectations even without a bullish rating change. Benzinga analyst update on State Street
• Neutral Sentiment: Commentary on digital custody, ETF pricing pressure, and macro-driven operating leverage adds context, but the immediate stock move appears to be driven mainly by the earnings beat and analyst upgrades. State Street Q2: Macro Conditions Continue To Drive Healthy Operating Leverage

State Street Company Profile

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.