Teachers Retirement System of The State of Kentucky Sells 24,000 Shares of State Street Corporation $STT

Posted by Joseph Casey on Jul 13th, 2026

Teachers Retirement System of The State of Kentucky trimmed its position in State Street Corporation (NYSE:STT – Free Report) by 10.1% in the first quarter, Holdings Channel.com reports. The firm owned 214,775 shares of the asset manager’s stock after selling 24,000 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in State Street were worth $27,182,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wilkerson Advisory Group LLC acquired a new position in State Street during the 4th quarter valued at about $29,000. Phillip James Consulting Co. acquired a new stake in shares of State Street during the 4th quarter worth approximately $30,000. JPL Wealth Management LLC bought a new stake in shares of State Street during the third quarter worth approximately $29,000. Whipplewood Advisors LLC bought a new stake in shares of State Street during the first quarter worth approximately $34,000. Finally, Reflection Asset Management acquired a new position in State Street in the fourth quarter valued at approximately $35,000. 87.44% of the stock is owned by institutional investors.

State Street Trading Up 0.1%

NYSE:STT opened at $180.47 on Monday. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.57 and a quick ratio of 0.57. The business’s 50-day simple moving average is $162.52 and its 200-day simple moving average is $142.37. State Street Corporation has a fifty-two week low of $101.98 and a fifty-two week high of $183.32. The stock has a market capitalization of $49.95 billion, a PE ratio of 18.30, a price-to-earnings-growth ratio of 0.93 and a beta of 1.42.

State Street (NYSE:STT – Get Free Report) last posted its earnings results on Friday, April 17th. The asset manager reported $2.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.64 by $0.20. The business had revenue of $3.80 billion during the quarter, compared to analysts’ expectations of $3.59 billion. State Street had a return on equity of 14.22% and a net margin of 13.47%.State Street’s revenue for the quarter was up 15.6% compared to the same quarter last year. During the same period in the prior year, the business earned $2.04 EPS. Sell-side analysts expect that State Street Corporation will post 12.75 earnings per share for the current fiscal year.

State Street Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 13th. Stockholders 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 annualized dividend and a dividend yield of 1.9%. State Street’s dividend payout ratio is currently 34.08%.

Wall Street Analyst Weigh In

STT has been the subject of a number of analyst reports. Citigroup lifted their target price on shares of State Street from $172.00 to $193.00 and gave the stock a “buy” rating in a report on Tuesday, June 23rd. Zacks Research downgraded State Street from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. Truist Financial raised their price target on State Street from $150.00 to $176.00 and gave the stock a “hold” rating in a research report on Friday, June 26th. The Goldman Sachs Group lifted their price objective on State Street from $168.00 to $194.00 and gave the stock a “buy” rating in a research note on Tuesday, June 30th. Finally, Keefe, Bruyette & Woods upped their price objective on State Street from $175.00 to $195.00 and gave the company an “outperform” rating in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $173.91.

Check Out Our Latest Stock Report on STT

Key State Street News

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

Positive Sentiment: State Street was upgraded to a Zacks Rank #2 (Buy), reflecting stronger earnings outlooks and improving sentiment heading into earnings. All You Need to Know About State Street (STT) Rating Upgrade to Buy
Positive Sentiment: Keefe, Bruyette & Woods raised its price target on State Street to $195 from $175 and maintained an outperform rating, suggesting meaningful upside from recent levels. State Street (NYSE:STT) Given New $195.00 Price Target at Keefe, Bruyette & Woods
Positive Sentiment: Analysts are revising expectations higher ahead of Q2 results, with consensus pointing to earnings growth and the possibility of a beat if State Street delivers on estimates. Top Wall Street Forecasters Revamp State Street Expectations Ahead Of Q2 Earnings
Neutral Sentiment: State Street is expected to report quarterly earnings next week, and investors are focused on whether the company can confirm the improved outlook with actual results. State Street (STT) to Release Earnings on Thursday
Neutral Sentiment: Coverage noting renewed analyst optimism and upgraded estimates may reinforce the bullish setup, but it does not add new company-specific fundamentals by itself. How Investors May Respond To State Street (STT) Renewed Analyst Optimism And Upgraded Earnings Estimates

Insider Activity at State Street

In related news, CEO Hanley Ronald P. O sold 14,553 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were 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 directly owned 255,512 shares of the company’s stock, valued at approximately $39,693,789.20. This represents a 5.39% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP W. Bradford Hu sold 9,212 shares of the company’s stock in a transaction 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 completion of the transaction, the executive vice president directly 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 37,876 shares of company stock worth $5,866,583 over the last three months. 0.27% of the stock is currently owned by insiders.

State Street Company Profile

(Free Report)

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.