State Street Corporation $STT Shares Acquired by California Public Employees Retirement System

California Public Employees Retirement System boosted its position in State Street Corporation (NYSE:STT) by 13.4% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 616,336 shares of the asset manager’s stock after purchasing an additional 72,596 shares during the quarter. California Public Employees Retirement System’s holdings in State Street were worth $78,003,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of STT. Chicago Partners Investment Group LLC boosted its position in shares of State Street by 1.6% during the fourth quarter. Chicago Partners Investment Group LLC now owns 5,351 shares of the asset manager’s stock worth $675,000 after buying an additional 83 shares during the period. Wedmont Private Capital boosted its position in State Street by 1.3% during the 4th quarter. Wedmont Private Capital now owns 6,498 shares of the asset manager’s stock worth $861,000 after acquiring an additional 85 shares during the period. Arjuna Capital boosted its position in State Street by 0.4% during the 4th quarter. Arjuna Capital now owns 25,139 shares of the asset manager’s stock worth $3,243,000 after acquiring an additional 95 shares during the period. LVW Advisors LLC grew its stake in shares of State Street by 1.7% in the fourth quarter. LVW Advisors LLC now owns 5,605 shares of the asset manager’s stock worth $723,000 after purchasing an additional 96 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund grew its stake in shares of State Street by 0.3% in the first quarter. Oregon Public Employees Retirement Fund now owns 32,024 shares of the asset manager’s stock worth $4,053,000 after purchasing an additional 100 shares in the last quarter. Institutional investors own 87.44% of the company’s stock.

Analyst Ratings Changes

STT has been the topic of a number of recent analyst reports. Evercore set a $186.00 price objective on shares of State Street and gave the company an “outperform” rating in a research note on Monday, July 6th. Zacks Research lowered shares of State Street from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. 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. Barclays boosted their price target on shares of State Street from $165.00 to $200.00 and gave the stock an “equal weight” rating in a research report on Friday. Finally, The Goldman Sachs Group increased their price objective on shares of State Street from $168.00 to $194.00 and gave the company a “buy” rating in a report on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, State Street presently has an average rating of “Moderate Buy” and an average price target of $183.84.

Insider Buying and Selling at State Street

In other news, EVP Michael L. Richards sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, April 22nd. The shares were 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 owned 43,522 shares in the company, valued at approximately $6,697,600.58. This trade represents a 6.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Hanley Ronald P. O sold 14,553 shares of State Street 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 completion of the transaction, the chief executive officer directly owned 255,512 shares in the company, valued at $39,693,789.20. This represents a 5.39% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 37,876 shares of company stock worth $5,866,583. Company insiders own 0.27% of the company’s stock.

State Street News Summary

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 Trading 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 price-to-earnings ratio of 16.07, a price-to-earnings-growth ratio of 0.90 and a beta of 1.42. The business has a fifty day simple moving average of $165.83 and a 200-day simple moving average of $144.18. State Street Corporation has a fifty-two week low of $104.64 and a fifty-two week high of $192.51.

State Street (NYSE:STT) last announced its earnings results on Thursday, July 16th. The asset manager reported $3.65 earnings per share for the quarter, beating the consensus estimate of $3.34 by $0.31. The business had revenue of $4.05 billion during 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 quarterly revenue was up 23.3% on a year-over-year basis. During the same quarter last year, the business posted $2.04 earnings per share. On average, equities analysts forecast that State Street Corporation will post 13.35 EPS for the current fiscal year.

State Street Increases Dividend

The firm 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 $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Thursday, October 1st. This is a positive change from State Street’s previous quarterly dividend of $0.84. State Street’s dividend payout ratio is currently 29.63%.

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.