State Street (NYSE:STT) Upgraded to Hold at Wall Street Zen

Wall Street Zen upgraded shares of State Street (NYSE:STT) from a sell rating to a hold rating in a report released on Saturday.

Several other equities research analysts also recently commented on the stock. Keefe, Bruyette & Woods upped their price objective on shares of State Street from $132.00 to $135.00 and gave the company an “outperform” rating in a report on Monday, October 20th. Truist Financial reaffirmed a “hold” rating and issued a $138.00 target price (up previously from $131.00) on shares of State Street in a research note on Wednesday, January 7th. Citigroup increased their target price on State Street from $136.00 to $150.00 and gave the company a “buy” rating in a report on Tuesday, December 30th. Loop Capital set a $144.00 price objective on shares of State Street in a research note on Tuesday, January 6th. Finally, Cowen reaffirmed a “buy” rating on shares of State Street in a research report on Wednesday, January 7th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $133.77.

State Street Stock Down 6.1%

State Street stock opened at $128.00 on Friday. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 1.03. The firm’s fifty day moving average is $125.27 and its 200 day moving average is $117.20. The company has a market capitalization of $35.75 billion, a PE ratio of 13.60, a PEG ratio of 0.86 and a beta of 1.43. State Street has a 12-month low of $72.81 and a 12-month high of $137.05.

State Street (NYSE:STT) last posted its earnings results on Friday, January 16th. The asset manager reported $2.97 EPS for the quarter, topping the consensus estimate of $2.82 by $0.15. The company had revenue of $3.67 billion during the quarter, compared to the consensus estimate of $3.57 billion. State Street had a net margin of 13.14% and a return on equity of 13.37%. The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same period in the previous year, the firm posted $2.60 earnings per share. As a group, sell-side analysts predict that State Street will post 9.68 EPS for the current fiscal year.

State Street Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, January 12th. Shareholders of record on Friday, January 2nd were paid a dividend of $0.84 per share. This represents a $3.36 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Friday, January 2nd. State Street’s payout ratio is presently 35.56%.

Insider Activity at State Street

In other State Street news, EVP Michael L. Richards sold 1,500 shares of the stock in a transaction on Monday, October 27th. The stock was sold at an average price of $117.24, for a total value of $175,860.00. Following the sale, the executive vice president owned 38,626 shares in the company, valued at $4,528,512.24. This trade represents a 3.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 0.29% of the company’s stock.

Institutional Trading of State Street

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Regents of The University of California acquired a new stake in State Street during the 3rd quarter valued at approximately $324,576,000. Norges Bank acquired a new stake in State Street in the 2nd quarter worth about $256,367,000. Two Sigma Investments LP raised its stake in State Street by 261.0% in the 3rd quarter. Two Sigma Investments LP now owns 1,217,802 shares of the asset manager’s stock valued at $141,277,000 after purchasing an additional 880,507 shares during the last quarter. First Trust Advisors LP boosted its position in State Street by 36.8% during the third quarter. First Trust Advisors LP now owns 2,747,646 shares of the asset manager’s stock worth $318,754,000 after acquiring an additional 738,456 shares during the last quarter. Finally, Jupiter Asset Management Ltd. purchased a new stake in shares of State Street in the third quarter valued at approximately $62,092,000. Hedge funds and other institutional investors own 87.44% of the company’s stock.

Key Headlines Impacting State Street

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

• Positive Sentiment: Q4 revenue and core results beat estimates — State Street reported stronger-than-expected revenue and NII-driven fee growth, with EPS above consensus on the company release and analyst notes, supporting the firm’s top-line momentum. State Street Q4 Earnings Beat
• Positive Sentiment: Record assets under management/custody — State Street finished 2025 with record AUC/A and AUM (reported ~$5.7T), which underpins fee revenue stability and product distribution. SPDR Issuer State Street Ends 2025 With Record $5.7 Trillion AUM
• Positive Sentiment: Strategic expansion into digital assets — State Street launched a Digital Asset / tokenization platform to support tokenized MMFs, ETFs and custody services, which could drive new fee streams over time. State Street Launches Digital Asset Platform
• Neutral Sentiment: Company presentation and analyst commentary — Management hosted the scheduled earnings call and released slides; several analysts reiterated positive ratings and elevated price targets, but noted much of the good news was already priced in. Q4 Presentation / Slides
• Negative Sentiment: Rising expenses and restructuring charges weighed on profit — Multiple outlets highlighted a meaningful jump in expenses and restructuring costs that reduced Q4 profit and prompted a higher expense outlook for 2026; that guidance and cost uncertainty drove the selloff. State Street’s fourth-quarter profit falls as expenses weigh
• Negative Sentiment: Investor caution on cost trajectory — Market coverage flagged that, despite a paper beat, elevated operating costs and restructuring guidance raise questions about margin recovery and near-term profitability. State Street Drops After Q4 Results

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.