FY2025 EPS Estimates for State Street Increased by Analyst

State Street Corporation (NYSE:STT) – Equities research analysts at Zacks Research increased their FY2025 earnings per share estimates for State Street in a research note issued to investors on Tuesday, December 2nd. Zacks Research analyst Team now forecasts that the asset manager will earn $10.16 per share for the year, up from their prior estimate of $10.12. Zacks Research currently 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.

Several other research analysts have also recently issued reports on the stock. Morgan Stanley raised their target price on shares of State Street from $162.00 to $165.00 and gave the stock an “overweight” rating in a report on Monday, October 20th. Evercore ISI increased their price target on State Street from $117.00 to $128.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 30th. Truist Financial reduced their price objective on State Street from $133.00 to $131.00 and set a “buy” rating for the company in a research note on Monday, October 20th. BMO Capital Markets began coverage on State Street in a research note on Friday, October 3rd. They issued an “outperform” rating and a $130.00 target price on the stock. Finally, Keefe, Bruyette & Woods raised their target price on State Street from $132.00 to $135.00 and gave the stock an “outperform” rating in a report on Monday, October 20th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $125.92.

State Street Stock Performance

Shares of NYSE STT opened at $120.82 on Thursday. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 1.03. State Street has a 12 month low of $72.81 and a 12 month high of $122.69. The company has a 50 day simple moving average of $116.13 and a two-hundred day simple moving average of $110.28. The stock has a market cap of $33.75 billion, a price-to-earnings ratio of 12.79, a PEG ratio of 1.09 and a beta of 1.44.

State Street (NYSE:STT) last issued its earnings results on Friday, October 17th. The asset manager reported $2.78 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 analyst estimates of $3.43 billion. During the same quarter in the prior year, the firm earned $2.26 earnings per share. State Street’s revenue for the quarter was up 8.8% on a year-over-year basis.

Hedge Funds Weigh In On State Street

A number of hedge funds have recently bought and sold shares of the business. IFP Advisors Inc grew its holdings in State Street by 130.0% in the third quarter. IFP Advisors Inc now owns 605 shares of the asset manager’s stock valued at $70,000 after purchasing an additional 342 shares during the period. CIBC Private Wealth Group LLC raised its stake in shares of State Street by 5.7% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 11,418 shares of the asset manager’s stock worth $1,325,000 after buying an additional 618 shares during the period. CIBC Bancorp USA Inc. purchased a new position in shares of State Street during the 3rd quarter valued at approximately $4,547,000. Achmea Investment Management B.V. lifted its position in shares of State Street by 3.3% during the 3rd quarter. Achmea Investment Management B.V. now owns 254,446 shares of the asset manager’s stock valued at $29,518,000 after buying an additional 8,085 shares in the last quarter. Finally, Danske Bank A S acquired a new stake in State Street in the 3rd quarter valued at $34,582,000. Hedge funds and other institutional investors own 87.44% of the company’s stock.

Insider Activity

In other news, EVP Michael L. Richards sold 1,500 shares of the firm’s stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $117.24, for a total transaction of $175,860.00. Following the sale, the executive vice president directly owned 38,626 shares in the company, valued at $4,528,512.24. This trade represents a 3.74% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.29% of the stock is currently owned by insiders.

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.