State Street Co. (NYSE:STT – Free Report) – Research analysts at Seaport Res Ptn raised their Q1 2025 EPS estimates for shares of State Street in a research report issued to clients and 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 previous 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 – Get Free Report) last announced its quarterly earnings data on Friday, January 17th. The asset manager reported $2.60 EPS for the quarter, beating the consensus estimate of $2.29 by $0.31. The company had revenue of $3.41 billion for the quarter, compared to the consensus estimate of $3,267,560 billion. State Street had a return on equity of 12.60% and a net margin of 12.14%. State Street’s quarterly revenue was up 12.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.04 EPS.
Check Out Our Latest Research Report on State Street
State Street Trading Up 0.4 %
Shares of STT opened at $97.58 on Friday. The firm has a market capitalization of $28.61 billion, a price-to-earnings ratio of 11.84, a PEG ratio of 1.11 and a beta of 1.43. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.56 and a quick ratio of 0.56. State Street has a 1-year low of $70.20 and a 1-year high of $101.91. The company has a 50-day moving average of $97.86 and a 200 day moving average of $90.13.
Institutional Investors Weigh In On State Street
Hedge funds have recently bought and sold shares of the stock. Albion Financial Group UT purchased a new position in State Street during the fourth quarter worth approximately $25,000. Coastline Trust Co purchased a new stake in State Street in the 3rd quarter worth $44,000. Friedenthal Financial acquired a new position in State Street during the fourth quarter worth $49,000. Capital Performance Advisors LLP purchased a new position in State Street during the third quarter valued at $54,000. Finally, R Squared Ltd acquired a new stake in shares of State Street in the fourth quarter valued at about $58,000. Hedge funds and other institutional investors own 87.44% of the company’s stock.
Insider Activity
In other State Street news, EVP Kathryn M. Horgan sold 12,500 shares of the stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $97.97, for a total transaction of $1,224,625.00. Following the sale, the executive vice president now directly owns 111,042 shares of the company’s stock, valued at approximately $10,878,784.74. This trade represents a 10.12 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.31% of the company’s stock.
State Street Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Monday, January 13th. Shareholders of record on Thursday, January 2nd were paid a dividend of $0.76 per share. This represents a $3.04 annualized dividend and a yield of 3.12%. The ex-dividend date of this dividend was Thursday, January 2nd. State Street’s payout ratio is 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.
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