FY2025 EPS Estimate for State Street Increased by Analyst

State Street Corporation (NYSE:STT) – Research analysts at Zacks Research raised their FY2025 earnings estimates for shares of State Street in a research note issued on Tuesday, December 2nd. Zacks Research analyst Team now forecasts that the asset manager will post earnings per share of $10.16 for the year, up from their prior forecast of $10.12. Zacks Research has a “Hold” rating on the stock. 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 2025 earnings at $2.81 EPS, Q1 2026 earnings at $2.47 EPS, Q2 2026 earnings at $2.80 EPS, Q3 2026 earnings at $2.88 EPS, Q4 2026 earnings at $2.91 EPS, FY2026 earnings at $11.05 EPS, Q1 2027 earnings at $2.89 EPS, Q2 2027 earnings at $3.06 EPS, Q3 2027 earnings at $3.11 EPS and FY2027 earnings at $12.25 EPS.

State Street (NYSE:STT) last announced its quarterly earnings data on Friday, October 17th. The asset manager reported $2.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.57 by $0.21. State Street had a return on equity of 13.37% and a net margin of 13.14%.The firm had revenue of $3.55 billion for the quarter, compared to analysts’ expectations of $3.43 billion. During the same period last year, the firm earned $2.26 earnings per share. The company’s revenue for the quarter was up 8.8% compared to the same quarter last year.

STT has been the subject of a number of other reports. The Goldman Sachs Group increased their target price on shares of State Street from $109.00 to $130.00 and gave the stock a “buy” rating in a report on Monday, October 6th. Keefe, Bruyette & Woods lifted their price target on shares of State Street from $132.00 to $135.00 and gave the company an “outperform” rating in a research report on Monday, October 20th. TD Cowen started coverage on State Street in a research report on Thursday, September 25th. They issued a “buy” rating on the stock. Morgan Stanley raised their price objective on State Street from $162.00 to $165.00 and gave the company an “overweight” rating in a research report on Monday, October 20th. Finally, Wells Fargo & Company lifted their price objective on State Street from $121.00 to $129.00 and gave the company an “overweight” rating in a research note on Monday, October 20th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, State Street presently has an average rating of “Moderate Buy” and an average price target of $125.92.

State Street Stock Performance

NYSE:STT opened at $123.64 on Thursday. The business has a 50 day moving average price of $116.44 and a 200-day moving average price of $110.54. State Street has a fifty-two week low of $72.81 and a fifty-two week high of $124.21. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.59 and a current ratio of 0.59. The firm has a market cap of $34.53 billion, a PE ratio of 13.08, a price-to-earnings-growth ratio of 1.13 and a beta of 1.44.

Insider Buying and Selling at State Street

In other news, EVP Michael L. Richards sold 1,500 shares of the business’s stock in a transaction on Monday, October 27th. The shares were sold at an average price of $117.24, for a total transaction of $175,860.00. Following the completion of the sale, the executive vice president owned 38,626 shares of the company’s stock, valued at $4,528,512.24. The trade was a 3.74% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.29% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On State Street

Institutional investors and hedge funds have recently bought and sold shares of the stock. Invesco Ltd. raised its stake in shares of State Street by 4.7% in the second quarter. Invesco Ltd. now owns 8,566,237 shares of the asset manager’s stock worth $910,934,000 after buying an additional 381,547 shares during the period. Dodge & Cox increased its holdings in State Street by 1.1% in the 2nd quarter. Dodge & Cox now owns 7,412,414 shares of the asset manager’s stock worth $788,236,000 after acquiring an additional 80,855 shares in the last quarter. Geode Capital Management LLC increased its holdings in State Street by 0.4% in the 2nd quarter. Geode Capital Management LLC now owns 7,412,130 shares of the asset manager’s stock worth $784,930,000 after acquiring an additional 27,098 shares in the last quarter. Northern Trust Corp raised its stake in State Street by 2.8% during the 1st quarter. Northern Trust Corp now owns 4,264,161 shares of the asset manager’s stock worth $381,770,000 after acquiring an additional 115,751 shares during the period. Finally, Franklin Resources Inc. lifted its holdings in State Street by 3.7% during the third quarter. Franklin Resources Inc. now owns 3,859,012 shares of the asset manager’s stock valued at $447,684,000 after purchasing an additional 137,049 shares in the last quarter. 87.44% of the stock is currently owned by hedge funds and other institutional investors.

About State Street

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.