State Street (NYSE:STT) Stock Price Expected to Rise, Wells Fargo & Company Analyst Says

State Street (NYSE:STT) had its price target lifted by equities researchers at Wells Fargo & Company from $196.00 to $215.00 in a research report issued on Friday,Benzinga reports. The brokerage presently has an “overweight” rating on the asset manager’s stock. Wells Fargo & Company‘s target price indicates a potential upside of 17.96% from the company’s current price.

Other analysts have also recently issued reports about the stock. Zacks Research cut shares of State Street from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. Barclays lifted their price target on State Street from $165.00 to $200.00 and gave the stock an “equal weight” rating in a research report on Friday. Evercore set a $186.00 price objective on State Street and gave the stock an “outperform” rating in a research note on Monday, July 6th. JPMorgan Chase & Co. upped their price objective on State Street from $158.50 to $176.50 and gave the company a “neutral” rating in a research report on Monday, July 6th. Finally, Weiss Ratings raised State Street from a “buy (b)” rating to a “buy (b+)” rating in a research note on Thursday, May 28th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $183.84.

State Street Trading Down 1.8%

Shares of STT opened at $182.27 on Friday. The company’s fifty day moving average is $165.83 and its 200 day moving average is $144.10. State Street has a fifty-two week low of $104.64 and a fifty-two week high of $192.51. The stock has a market capitalization of $50.45 billion, a PE ratio of 16.07, a P/E/G ratio of 0.94 and a beta of 1.42. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.57 and a current ratio of 0.59.

State Street (NYSE:STT) last released its quarterly earnings data on Thursday, July 16th. The asset manager reported $3.65 EPS for the quarter, beating the consensus estimate of $3.34 by $0.31. State Street had a net margin of 15.02% and a return on equity of 15.26%. The business had revenue of $4.05 billion during the quarter, compared to analyst estimates of $3.88 billion. During the same quarter last year, the business earned $2.04 earnings per share. State Street’s quarterly revenue was up 23.3% compared to the same quarter last year. Sell-side analysts expect that State Street will post 13.35 earnings per share for the current fiscal year.

Insider Activity

In related news, CEO Hanley Ronald P. O sold 14,553 shares of the company’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $155.35, for a total transaction of $2,260,808.55. Following the transaction, the chief executive officer directly owned 255,512 shares in the company, valued at approximately $39,693,789.20. This represents a 5.39% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Michael L. Richards sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, April 22nd. The stock was sold at an average price of $153.89, for a total transaction of $461,670.00. Following the completion of the sale, the executive vice president directly owned 43,522 shares of the company’s stock, valued at approximately $6,697,600.58. The trade was a 6.45% 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 quarter. 0.27% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On State Street

A number of large investors have recently bought and sold shares of the business. Tema ETFs LLC increased its stake in State Street by 7.5% in the second quarter. Tema ETFs LLC now owns 4,157 shares of the asset manager’s stock worth $705,000 after purchasing an additional 290 shares during the period. E. Ohman J or Asset Management AB lifted its position in shares of State Street by 12.9% during the second quarter. E. Ohman J or Asset Management AB now owns 10,079 shares of the asset manager’s stock worth $1,709,000 after purchasing an additional 1,150 shares during the last quarter. Handelsbanken Fonder AB boosted its stake in shares of State Street by 24.8% during the second quarter. Handelsbanken Fonder AB now owns 111,637 shares of the asset manager’s stock valued at $18,934,000 after purchasing an additional 22,156 shares during the period. Harrell Investment Partners LLC purchased a new stake in shares of State Street during the second quarter valued at $264,000. Finally, Franklin Street Advisors Inc. NC bought a new position in shares of State Street in the second quarter worth about $237,000. Hedge funds and other institutional investors own 87.44% of the company’s stock.

Trending Headlines about State Street

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.