Boston Common Asset Management LLC Reduces Holdings in State Street Corporation $STT

Boston Common Asset Management LLC reduced its position in shares of State Street Corporation (NYSE:STT) by 15.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,757 shares of the asset manager’s stock after selling 5,712 shares during the period. Boston Common Asset Management LLC’s holdings in State Street were worth $3,893,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Chicago Partners Investment Group LLC grew its holdings in State Street by 1.6% during the 4th quarter. Chicago Partners Investment Group LLC now owns 5,351 shares of the asset manager’s stock valued at $675,000 after purchasing an additional 83 shares in the last quarter. Wedmont Private Capital lifted its holdings in State Street by 1.3% in the 4th quarter. Wedmont Private Capital now owns 6,498 shares of the asset manager’s stock worth $861,000 after buying an additional 85 shares in the last quarter. Arjuna Capital lifted its holdings in State Street by 0.4% in the 4th quarter. Arjuna Capital now owns 25,139 shares of the asset manager’s stock worth $3,243,000 after buying an additional 95 shares in the last quarter. LVW Advisors LLC boosted its position in State Street by 1.7% in the 4th quarter. LVW Advisors LLC now owns 5,605 shares of the asset manager’s stock valued at $723,000 after buying an additional 96 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund boosted its position in State Street by 0.3% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 32,024 shares of the asset manager’s stock valued at $4,053,000 after buying an additional 100 shares during the last quarter. 87.44% of the stock is currently owned by hedge funds and other institutional investors.

State Street Stock Down 0.1%

Shares of State Street stock opened at $182.27 on Monday. 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 firm has a market cap of $50.45 billion, a P/E ratio of 16.07, a P/E/G ratio of 0.90 and a beta of 1.42. State Street Corporation has a fifty-two week low of $104.64 and a fifty-two week high of $192.51. The business has a 50-day moving average price of $165.83 and a 200 day moving average price of $144.18.

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

State Street Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 13th. Investors of record on Thursday, October 1st will be given a dividend of $0.92 per share. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $3.68 annualized dividend and a dividend yield of 2.0%. This is an increase from State Street’s previous quarterly dividend of $0.84. State Street’s dividend payout ratio is currently 29.63%.

State Street News Roundup

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

Insider Transactions at State Street

In related news, EVP W. Bradford Hu sold 9,212 shares of the firm’s stock in a transaction on 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 transaction, the executive vice president directly owned 59,552 shares in the company, valued at $9,251,403.20. This trade represents a 13.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available 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 State Street stock in a transaction on 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 transaction, the executive vice president directly owned 43,522 shares of the company’s stock, valued at approximately $6,697,600.58. This represents a 6.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 37,876 shares of company stock valued at $5,866,583. Company insiders own 0.27% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on STT. Keefe, Bruyette & Woods lifted their target price on State Street from $195.00 to $215.00 and gave the stock an “outperform” rating in a research report on Friday. Argus increased their price target on State Street from $140.00 to $168.00 and gave the company a “buy” rating in a report on Tuesday, April 21st. Seaport Research Partners restated a “buy” rating and set a $170.00 price objective on shares of State Street in a research note on Monday, April 20th. Evercore set a $186.00 price objective on State Street and gave the stock an “outperform” rating in a report on Monday, July 6th. Finally, UBS Group set a $176.00 target price on State Street in a research report on Friday, June 26th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $183.84.

About State Street

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.