State Street Corporation $STT Shares Sold by Bank of New York Mellon Corp

Posted by ABMN Staff on Jul 19th, 2026

Bank of New York Mellon Corp reduced its stake in State Street Corporation (NYSE:STT – Free Report) by 2.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,846,047 shares of the asset manager’s stock after selling 44,532 shares during the period. Bank of New York Mellon Corp’s holdings in State Street were worth $233,636,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of STT. Illinois Municipal Retirement Fund lifted its position in State Street by 18.3% in the first quarter. Illinois Municipal Retirement Fund now owns 85,775 shares of the asset manager’s stock valued at $10,856,000 after buying an additional 13,245 shares during the last quarter. Sanctuary Advisors LLC lifted its holdings in shares of State Street by 23.7% in the 1st quarter. Sanctuary Advisors LLC now owns 22,851 shares of the asset manager’s stock worth $2,892,000 after acquiring an additional 4,379 shares during the last quarter. Checchi Capital Advisers LLC boosted its position in shares of State Street by 14.3% during the 1st quarter. Checchi Capital Advisers LLC now owns 4,718 shares of the asset manager’s stock worth $597,000 after purchasing an additional 589 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its position in shares of State Street by 7.7% during the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 27,516 shares of the asset manager’s stock worth $3,482,000 after purchasing an additional 1,961 shares during the period. Finally, Principal Financial Group Inc. increased its holdings in State Street by 4.9% in the 1st quarter. Principal Financial Group Inc. now owns 336,917 shares of the asset manager’s stock valued at $42,640,000 after purchasing an additional 15,819 shares during the last quarter. Institutional investors and hedge funds own 87.44% of the company’s stock.

State Street Stock Performance

NYSE:STT opened at $182.27 on Friday. State Street Corporation has a 52 week low of $104.64 and a 52 week 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 quick ratio of 0.57, a current ratio of 0.59 and a debt-to-equity ratio of 1.04. The company has a market cap of $50.45 billion, a price-to-earnings ratio of 16.07, a price-to-earnings-growth ratio of 0.94 and a beta of 1.42.

State Street (NYSE:STT – Get Free Report) last announced its quarterly earnings data on Thursday, July 16th. The asset manager reported $3.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.34 by $0.31. The business had revenue of $4.05 billion for the quarter, compared to analysts’ expectations of $3.88 billion. State Street had a return on equity of 15.26% and a net margin of 15.02%.The company’s revenue for the quarter was up 23.3% compared to the same quarter last year. During the same period last year, the firm earned $2.04 earnings per share. As a group, equities analysts anticipate that State Street Corporation will post 13.35 earnings per share for the current fiscal year.

State Street Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 13th. Shareholders of record on Thursday, October 1st will be issued a dividend of $0.92 per share. This is a positive change from State Street’s previous quarterly dividend of $0.84. The ex-dividend date is Thursday, October 1st. This represents a $3.68 annualized dividend and a yield of 2.0%. State Street’s dividend payout ratio (DPR) is currently 32.45%.

Insider Buying and Selling

In other news, EVP W. Bradford Hu sold 9,212 shares of the business’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $155.35, for a total transaction of $1,431,084.20. Following the completion of the transaction, the executive vice president directly owned 59,552 shares of the company’s stock, valued at approximately $9,251,403.20. The trade was a 13.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Hanley Ronald P. O sold 14,553 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $155.35, for a total transaction of $2,260,808.55. Following the sale, the chief executive officer owned 255,512 shares in the company, valued at $39,693,789.20. The trade was a 5.39% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 37,876 shares of company stock worth $5,866,583 over the last 90 days. 0.27% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have issued reports on STT. Zacks Research lowered State Street from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. Wells Fargo & Company raised their price target on State Street from $196.00 to $215.00 and gave the stock an “overweight” rating in a research report on Friday. Evercore set a $186.00 price objective on State Street and gave the company an “outperform” rating in a research note on Monday, July 6th. Weiss Ratings upgraded State Street from a “buy (b)” rating to a “buy (b+)” rating in a report on Thursday, May 28th. Finally, Seaport Research Partners reissued a “buy” rating and set a $170.00 target price on shares of State Street in a research note on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $183.84.

Check Out Our Latest Stock Report on STT

More State Street News

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

(Free Report)

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.