Valley Wealth Managers Inc. Sells 3,619 Shares of State Street Corporation $STT

Valley Wealth Managers Inc. trimmed its stake in shares of State Street Corporation (NYSE:STT) by 8.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,833 shares of the asset manager’s stock after selling 3,619 shares during the quarter. Valley Wealth Managers Inc.’s holdings in State Street were worth $5,041,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in STT. AIA Group Ltd acquired a new position in shares of State Street during the first quarter worth $6,809,000. Mediolanum International Funds Ltd bought a new position in shares of State Street in the 1st quarter valued at $1,750,000. Arjuna Capital boosted its holdings in shares of State Street by 2.5% during the 1st quarter. Arjuna Capital now owns 25,767 shares of the asset manager’s stock valued at $3,261,000 after acquiring an additional 628 shares in the last quarter. Ascent Wealth Partners LLC boosted its holdings in shares of State Street by 5.3% during the 1st quarter. Ascent Wealth Partners LLC now owns 4,105 shares of the asset manager’s stock valued at $520,000 after acquiring an additional 208 shares in the last quarter. Finally, California Public Employees Retirement System grew its position in State Street by 13.4% during the 1st quarter. California Public Employees Retirement System now owns 616,336 shares of the asset manager’s stock worth $78,003,000 after acquiring an additional 72,596 shares during the last quarter. Institutional investors own 87.44% of the company’s stock.

Insider Buying and Selling

In other State Street news, COO Mostapha Tahiri sold 9,611 shares of the stock in a transaction that occurred on 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 completion of the sale, the chief operating officer owned 64,642 shares of the company’s stock, valued at approximately $9,885,701.06. This represents a 12.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP W. Bradford Hu sold 9,212 shares of the firm’s 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 $1,431,084.20. Following the transaction, the executive vice president owned 59,552 shares of the company’s stock, valued at approximately $9,251,403.20. The trade was a 13.40% 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. Insiders sold 37,876 shares of company stock valued at $5,866,583 in the last ninety days. Insiders own 0.27% of the company’s stock.

State Street Stock Performance

NYSE STT opened at $182.27 on Friday. The company has a market capitalization of $50.45 billion, a price-to-earnings ratio of 16.07, a PEG ratio of 0.94 and a beta of 1.42. The company has a quick ratio of 0.57, a current ratio of 0.59 and a debt-to-equity ratio of 1.04. State Street Corporation has a twelve month low of $104.64 and a twelve month high of $192.51. The stock has a fifty day simple moving average of $165.83 and a 200 day simple moving average of $144.10.

State Street (NYSE:STT) last announced its earnings results on Thursday, July 16th. The asset manager reported $3.65 EPS for the quarter, topping the consensus estimate of $3.34 by $0.31. State Street had a return on equity of 15.26% and a net margin of 15.02%.The firm had revenue of $4.05 billion for the quarter, compared to the consensus estimate of $3.88 billion. During the same period in the previous year, the business earned $2.04 EPS. The business’s quarterly revenue was up 23.3% compared to the same quarter last year. Sell-side analysts expect that State Street Corporation will post 13.35 EPS for the current year.

State Street Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 13th. Stockholders of record on Thursday, October 1st will be given a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a dividend yield of 2.0%. This is a positive change from State Street’s previous quarterly dividend of $0.84. The ex-dividend date is Thursday, October 1st. State Street’s dividend payout ratio is 32.45%.

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

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. JPMorgan Chase & Co. upped their target price on State Street from $158.50 to $176.50 and gave the stock a “neutral” rating in a report on Monday, July 6th. Barclays lifted their price target on State Street from $165.00 to $200.00 and gave the company an “equal weight” rating in a research note on Friday. Weiss Ratings upgraded State Street from a “buy (b)” rating to a “buy (b+)” rating in a report on Thursday, May 28th. Seaport Research Partners reaffirmed a “buy” rating and issued a $170.00 price objective on shares of State Street in a research note on Monday, April 20th. Finally, Bank of America raised their price objective on shares of State Street from $160.00 to $190.00 and gave the company a “neutral” rating in a report on Tuesday, July 7th. 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 company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $183.84.

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.