Brokers Set Expectations for State Street Q2 Earnings

State Street Co. (NYSE:STT) – Investment analysts at Seaport Res Ptn issued their Q2 2026 EPS estimates for shares of State Street in a research report issued to clients and investors on Wednesday, January 22nd. Seaport Res Ptn analyst J. Mitchell forecasts that the asset manager will earn $2.87 per share for the quarter. The consensus estimate for State Street’s current full-year earnings is $9.43 per share.

A number of other analysts have also commented on the company. Evercore ISI increased their price objective on State Street from $89.00 to $94.00 and gave the company an “outperform” rating in a research note on Wednesday, October 16th. Barclays lifted their price target on shares of State Street from $108.00 to $127.00 and gave the stock an “overweight” rating in a report on Monday, January 6th. Morgan Stanley reduced their price objective on shares of State Street from $139.00 to $132.00 and set an “overweight” rating on the stock in a research note on Friday, January 3rd. Keefe, Bruyette & Woods raised shares of State Street from a “market perform” rating to an “outperform” rating and lifted their target price for the stock from $105.00 to $120.00 in a research note on Tuesday, December 3rd. Finally, Truist Financial cut their price target on State Street from $106.00 to $104.00 and set a “hold” rating for the company in a report on Tuesday, January 21st. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $100.73.

State Street Price Performance

Shares of NYSE:STT opened at $100.16 on Monday. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.56 and a current ratio of 0.56. The business’s fifty day moving average price is $98.00 and its two-hundred day moving average price is $90.58. The stock has a market cap of $29.36 billion, a PE ratio of 12.15, a price-to-earnings-growth ratio of 1.11 and a beta of 1.43. State Street has a one year low of $70.20 and a one year high of $101.91.

State Street (NYSE:STT) last released its quarterly earnings results on Friday, January 17th. The asset manager reported $2.60 EPS for the quarter, beating the consensus estimate of $2.29 by $0.31. State Street had a net margin of 12.14% and a return on equity of 12.60%. The business had revenue of $3.41 billion for the quarter, compared to analyst estimates of $3,267,560 billion. During the same period in the prior year, the business earned $2.04 earnings per share. The company’s quarterly revenue was up 12.1% on a year-over-year basis.

State Street Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, January 13th. Stockholders of record on Thursday, January 2nd were paid a $0.76 dividend. The ex-dividend date of this dividend was Thursday, January 2nd. This represents a $3.04 dividend on an annualized basis and a dividend yield of 3.04%. State Street’s dividend payout ratio (DPR) is currently 36.89%.

Insider Activity at State Street

In other State Street news, EVP Kathryn M. Horgan sold 12,500 shares of the company’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $97.97, for a total value of $1,224,625.00. Following the completion of the transaction, the executive vice president now directly owns 111,042 shares of the company’s stock, valued at $10,878,784.74. This represents a 10.12 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 0.31% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. MBB Public Markets I LLC bought a new position in shares of State Street during the second quarter worth about $1,629,000. Maverick Capital Ltd. lifted its holdings in State Street by 35.7% during the 2nd quarter. Maverick Capital Ltd. now owns 7,660 shares of the asset manager’s stock worth $567,000 after buying an additional 2,014 shares during the last quarter. Kathmere Capital Management LLC bought a new position in State Street during the 2nd quarter worth approximately $205,000. Creative Planning grew its position in shares of State Street by 11.2% in the 2nd quarter. Creative Planning now owns 18,400 shares of the asset manager’s stock worth $1,362,000 after acquiring an additional 1,857 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of State Street by 5.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 11,863 shares of the asset manager’s stock valued at $878,000 after acquiring an additional 588 shares during the last quarter. Hedge funds and other institutional investors 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.