Q1 EPS Estimates for State Street Lifted by Seaport Res Ptn

State Street Co. (NYSE:STT) – Seaport Res Ptn increased their Q1 2025 earnings per share (EPS) estimates for State Street in a research note issued to investors on Wednesday, January 22nd. Seaport Res Ptn analyst J. Mitchell now expects that the asset manager will earn $2.01 per share for the quarter, up from their prior estimate of $1.87. The consensus estimate for State Street’s current full-year earnings is $9.43 per share. Seaport Res Ptn also issued estimates for State Street’s Q2 2025 earnings at $2.55 EPS, Q3 2025 earnings at $2.54 EPS, Q4 2025 earnings at $2.75 EPS, FY2025 earnings at $9.85 EPS, Q1 2026 earnings at $2.25 EPS, Q3 2026 earnings at $2.91 EPS, Q4 2026 earnings at $3.17 EPS and FY2026 earnings at $11.20 EPS.

State Street (NYSE:STT) last posted its quarterly earnings data on Friday, January 17th. The asset manager reported $2.60 EPS for the quarter, topping the consensus estimate of $2.29 by $0.31. State Street had a return on equity of 12.60% and a net margin of 12.14%. The firm had revenue of $3.41 billion for the quarter, compared to the consensus estimate of $3,267,560 billion. During the same quarter last year, the company earned $2.04 earnings per share. The business’s revenue for the quarter was up 12.1% compared to the same quarter last year.

STT has been the topic of several other research reports. Barclays raised their price objective on State Street from $108.00 to $127.00 and gave the stock an “overweight” rating in a research note on Monday, January 6th. Truist Financial decreased their price objective on State Street from $106.00 to $104.00 and set a “hold” rating on the stock in a research note on Tuesday. StockNews.com upgraded State Street from a “hold” rating to a “buy” rating in a research report on Saturday. Wells Fargo & Company increased their target price on State Street from $108.00 to $118.00 and gave the stock an “overweight” rating in a research report on Thursday, January 2nd. Finally, JPMorgan Chase & Co. upgraded State Street from an “underweight” rating to a “neutral” rating and set a $95.00 target price for the company in a research report on Friday, December 20th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $100.73.

State Street Stock Up 1.6 %

NYSE STT opened at $99.09 on Friday. The stock’s 50-day moving average price is $97.93 and its 200-day moving average price is $90.18. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 1.03. State Street has a 52 week low of $70.20 and a 52 week high of $101.91. The company has a market capitalization of $29.05 billion, a P/E ratio of 12.03, a price-to-earnings-growth ratio of 1.11 and a beta of 1.43.

Hedge Funds Weigh In On State Street

A number of institutional investors and hedge funds have recently modified their holdings of STT. Albion Financial Group UT purchased a new position in shares of State Street in the 4th quarter worth approximately $25,000. Coastline Trust Co purchased a new position in shares of State Street in the 3rd quarter worth approximately $44,000. Friedenthal Financial purchased a new position in shares of State Street in the 4th quarter worth approximately $49,000. Capital Performance Advisors LLP purchased a new position in shares of State Street in the 3rd quarter worth approximately $54,000. Finally, R Squared Ltd purchased a new position in shares of State Street in the 4th quarter worth approximately $58,000. Hedge funds and other institutional investors own 87.44% of the company’s stock.

Insider Buying and Selling at State Street

In other news, EVP Kathryn M. Horgan sold 12,500 shares of State Street stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $97.97, for a total value of $1,224,625.00. Following the completion of the transaction, the executive vice president now owns 111,042 shares in the company, valued at approximately $10,878,784.74. The trade was a 10.12 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.31% of the stock is currently owned by company insiders.

State Street Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, January 13th. Shareholders of record on Thursday, January 2nd were issued a dividend of $0.76 per share. This represents a $3.04 annualized dividend and a yield of 3.07%. The ex-dividend date of this dividend was Thursday, January 2nd. State Street’s dividend payout ratio is presently 36.89%.

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.