Inceptionr LLC Sells 3,665 Shares of State Street Corporation $STT

Inceptionr LLC decreased its holdings in shares of State Street Corporation (NYSE:STT) by 20.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,862 shares of the asset manager’s stock after selling 3,665 shares during the quarter. State Street comprises about 0.5% of Inceptionr LLC’s investment portfolio, making the stock its 14th largest position. Inceptionr LLC’s holdings in State Street were worth $1,788,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Zions Bancorporation National Association UT raised its stake in State Street by 41.3% during the fourth quarter. Zions Bancorporation National Association UT now owns 660 shares of the asset manager’s stock valued at $85,000 after purchasing an additional 193 shares in the last quarter. Illinois Municipal Retirement Fund raised its stake in State Street by 6.0% during the fourth quarter. Illinois Municipal Retirement Fund now owns 72,530 shares of the asset manager’s stock valued at $9,357,000 after purchasing an additional 4,088 shares in the last quarter. Metis Global Partners LLC raised its stake in State Street by 32.3% during the fourth quarter. Metis Global Partners LLC now owns 18,165 shares of the asset manager’s stock valued at $2,343,000 after purchasing an additional 4,431 shares in the last quarter. Cerity Partners LLC raised its stake in State Street by 107.2% during the fourth quarter. Cerity Partners LLC now owns 188,973 shares of the asset manager’s stock valued at $24,379,000 after purchasing an additional 97,784 shares in the last quarter. Finally, LPL Financial LLC raised its stake in State Street by 1.3% during the fourth quarter. LPL Financial LLC now owns 143,103 shares of the asset manager’s stock valued at $18,462,000 after purchasing an additional 1,775 shares in the last quarter. Hedge funds and other institutional investors own 87.44% of the company’s stock.

State Street Trading Down 0.6%

STT opened at $162.26 on Thursday. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 1.04. The company has a market capitalization of $44.91 billion, a P/E ratio of 16.46, a PEG ratio of 0.89 and a beta of 1.43. The stock’s fifty day moving average is $149.29 and its two-hundred day moving average is $134.85. State Street Corporation has a 52 week low of $95.67 and a 52 week high of $164.35.

State Street (NYSE:STT) last posted its earnings results on Friday, April 17th. The asset manager reported $2.84 EPS for the quarter, beating analysts’ consensus estimates of $2.64 by $0.20. The business had revenue of $3.80 billion for the quarter, compared to the consensus estimate of $3.59 billion. State Street had a net margin of 13.47% and a return on equity of 14.22%. The company’s revenue for the quarter was up 15.6% on a year-over-year basis. During the same quarter last year, the firm posted $2.04 EPS. Analysts forecast that State Street Corporation will post 12.35 earnings per share for the current year.

State Street Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 13th. Shareholders of record on Wednesday, July 1st will be given a dividend of $0.84 per share. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a $3.36 dividend on an annualized basis and a yield of 2.1%. State Street’s dividend payout ratio (DPR) is 34.08%.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on STT shares. Evercore set a $158.00 price target on shares of State Street and gave the company an “outperform” rating in a research note on Monday, April 20th. JPMorgan Chase & Co. upped their price target on shares of State Street from $137.50 to $158.50 and gave the company a “neutral” rating in a research note on Monday, May 11th. Weiss Ratings raised shares of State Street from a “buy (b)” rating to a “buy (b+)” rating in a research note on Thursday, May 28th. Morgan Stanley upped their price target on shares of State Street from $155.00 to $166.00 and gave the company an “overweight” rating in a research note on Monday, April 20th. Finally, Seaport Research Partners reissued a “buy” rating and issued a $170.00 target price on shares of State Street in a research note on Monday, April 20th. Three analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $158.57.

Key Headlines Impacting State Street

Here are the key news stories impacting State Street this week:

• Positive Sentiment: State Street highlighted its presentation at the Morgan Stanley US Financials Conference, which can reinforce investor focus on management’s outlook and strategy. State Street Corporation (STT) Presents at Morgan Stanley US Financials Conference 2026 Transcript
• Positive Sentiment: Analysts remain constructive on STT, with recent price target increases from Wells Fargo and Morgan Stanley, supporting the case that the shares still have upside after strong quarterly results. KEY vs. STT: Which Stock Is the Better Value Option?
• Neutral Sentiment: State Street EVP Michael Richards sold 1,500 shares for about $243,210, a modest insider sale that may draw attention but does not by itself signal a major change in fundamentals. State Street (NYSE:STT) EVP Michael Richards Sells 1,500 Shares
• Neutral Sentiment: State Street also exited substantial holdings in several non-U.S. companies such as Deterra Royalties, Nick Scali, and Bapcor; this reflects portfolio rebalancing more than a direct catalyst for STT shares. State Street Entities Exit Substantial Holder Position in Deterra Royalties
• Negative Sentiment: The insider sale may be viewed as a small caution flag, especially with STT near its 52-week high, as some investors may worry insiders are trimming into strength. State Street stock insider trades

Insider Buying and Selling at State Street

In other State Street news, COO Mostapha Tahiri sold 9,611 shares of the firm’s stock in a transaction dated Wednesday, April 22nd. The shares were sold at an average price of $152.93, for a total transaction of $1,469,810.23. Following the transaction, the chief operating officer owned 64,642 shares of the company’s stock, valued at approximately $9,885,701.06. This trade represents a 12.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, 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 transaction, the executive vice president directly owned 43,522 shares in the company, valued at $6,697,600.58. This trade represents a 6.45% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 37,876 shares of company stock worth $5,866,583. Company insiders own 0.27% of the company’s stock.

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.