13,158 Shares in State Street Corporation $STT Purchased by Fairvoy Private Wealth LLC

Fairvoy Private Wealth LLC purchased a new stake in shares of State Street Corporation (NYSE:STT) in the first quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 13,158 shares of the asset manager’s stock, valued at approximately $1,665,000.

Several other hedge funds have also bought and sold shares of the business. Wilkerson Advisory Group LLC bought a new position in shares of State Street during the fourth quarter valued at approximately $29,000. JPL Wealth Management LLC bought a new stake in shares of State Street in the 3rd quarter worth approximately $29,000. Phillip James Consulting Co. bought a new stake in shares of State Street in the 4th quarter worth approximately $30,000. Reflection Asset Management purchased a new stake in shares of State Street in the 4th quarter worth approximately $35,000. Finally, Measured Wealth Private Client Group LLC purchased a new stake in shares of State Street in the 3rd quarter worth approximately $35,000. Institutional investors own 87.44% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. Evercore set a $158.00 price objective on State Street and gave the company an “outperform” rating in a research report on Monday, April 20th. JPMorgan Chase & Co. boosted their target price on State Street from $137.50 to $158.50 and gave the stock a “neutral” rating in a report on Monday, May 11th. Keefe, Bruyette & Woods increased their target price on State Street from $157.00 to $175.00 and gave the stock an “outperform” rating in a research note on Monday, April 20th. Truist Financial raised their price target on State Street from $136.00 to $150.00 and gave the company a “hold” rating in a report on Monday, April 20th. Finally, Barclays set a $165.00 price target on State Street in a research report on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $161.63.

Trending Headlines about State Street

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

• Positive Sentiment: State Street announced plans to increase its quarterly dividend 10% after successfully passing the 2026 Fed stress test, a sign of financial strength and a more shareholder-friendly capital return strategy. State Street Corporation Announces Planned 10% Dividend Increase and 2026 Federal Reserve Supervisory Stress Test Results
• Positive Sentiment: Wells Fargo raised its price target on State Street and kept an overweight rating, suggesting additional upside potential if the bank/asset manager continues to execute.
• Positive Sentiment: Market expectations for State Street’s upcoming Q2 2026 results call for double-digit EPS growth, which could reinforce the recent bullish sentiment if delivered. State Street Corporation’s Q2 2026 Earnings: What to Expect
• Neutral Sentiment: State Street was also mentioned in portfolio-holding updates involving non-U.S. companies; these appear routine and are unlikely to materially affect STT’s stock.
• Neutral Sentiment: Separately, Zacks Research downgraded STT to hold, which may temper some of the bullish reaction but is outweighed by the dividend and stress-test news.

Insiders Place Their Bets

In other State Street news, CEO Hanley Ronald P. O sold 14,553 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 value of $2,260,808.55. Following the completion of the transaction, the chief executive officer owned 255,512 shares of the company’s stock, valued at approximately $39,693,789.20. The trade was a 5.39% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Mostapha Tahiri sold 9,611 shares of the company’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 in the company, valued at $9,885,701.06. This represents a 12.94% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 37,876 shares of company stock valued at $5,866,583. Company insiders own 0.27% of the company’s stock.

State Street Price Performance

Shares of STT opened at $169.09 on Friday. The company has a market capitalization of $46.80 billion, a P/E ratio of 17.15, a price-to-earnings-growth ratio of 0.92 and a beta of 1.43. 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 firm has a 50 day moving average of $157.16 and a 200 day moving average of $138.80. State Street Corporation has a twelve month low of $101.98 and a twelve month high of $175.46.

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

State Street Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 13th. Stockholders of record on Wednesday, July 1st will be issued a dividend of $0.84 per share. This represents a $3.36 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Wednesday, July 1st. State Street’s dividend payout ratio is presently 34.08%.

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.