State Street (NYSE:STT) Price Target Raised to $196.00

State Street (NYSE:STT) had its price objective upped by Royal Bank Of Canada from $155.00 to $196.00 in a research note published on Friday,Benzinga reports. They currently have a sector perform rating on the asset manager’s stock.

Other research analysts have also issued research reports about the company. Weiss Ratings raised State Street from a “buy (b)” rating to a “buy (b+)” rating in a report on Thursday, May 28th. Seaport Research Partners reissued a “buy” rating and issued a $170.00 price target on shares of State Street in a report on Monday, April 20th. JPMorgan Chase & Co. raised their price objective on shares of State Street from $158.50 to $176.50 and gave the company a “neutral” rating in a research report on Monday, July 6th. Zacks Research cut shares of State Street from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. Finally, Keefe, Bruyette & Woods upped their target price on shares of State Street from $175.00 to $195.00 and gave the stock an “outperform” rating in a report on Thursday, July 9th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, State Street presently has a consensus rating of “Moderate Buy” and a consensus target price of $183.84.

State Street Price Performance

State Street stock opened at $182.27 on Friday. The firm has a market capitalization of $50.45 billion, a P/E ratio of 16.07, a PEG ratio of 0.90 and a beta of 1.42. State Street has a one year low of $104.64 and a one year high of $192.51. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.59 and a quick ratio of 0.57. The business has a fifty day moving average price of $165.83 and a 200-day moving average price of $144.18.

State Street (NYSE:STT) last released its quarterly earnings data on Thursday, July 16th. The asset manager reported $3.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.34 by $0.31. The company had revenue of $4.05 billion for the quarter, compared to analyst estimates of $3.88 billion. State Street had a return on equity of 15.26% and a net margin of 15.02%.The firm’s revenue for the quarter was up 23.3% compared to the same quarter last year. During the same period in the previous year, the company posted $2.04 EPS. As a group, equities research analysts forecast that State Street will post 13.35 EPS for the current year.

State Street Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 13th. Shareholders of record on Thursday, October 1st will be given a dividend of $0.92 per share. The ex-dividend date is Thursday, October 1st. This is a boost from State Street’s previous quarterly dividend of $0.84. This represents a $3.68 annualized dividend and a yield of 2.0%. State Street’s dividend payout ratio (DPR) is presently 29.63%.

Insider Activity at State Street

In other news, COO Mostapha Tahiri sold 9,611 shares of the stock in a transaction on Wednesday, April 22nd. The shares were sold at an average price of $152.93, for a total value of $1,469,810.23. Following the transaction, the chief operating officer owned 64,642 shares of the company’s stock, valued at $9,885,701.06. This represents a 12.94% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Hanley Ronald P. O sold 14,553 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $155.35, for a total transaction of $2,260,808.55. Following the completion of the transaction, the chief executive officer directly owned 255,512 shares in the company, valued at $39,693,789.20. The trade was a 5.39% decrease in their position. The disclosure for this sale is available in the SEC filing. 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 in the last 90 days. 0.27% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Tema ETFs LLC raised its position in State Street by 7.5% during the second quarter. Tema ETFs LLC now owns 4,157 shares of the asset manager’s stock valued at $705,000 after purchasing an additional 290 shares in the last quarter. E. Ohman J or Asset Management AB increased its position in shares of State Street by 12.9% during the 2nd quarter. E. Ohman J or Asset Management AB now owns 10,079 shares of the asset manager’s stock valued at $1,709,000 after purchasing an additional 1,150 shares during the last quarter. Handelsbanken Fonder AB increased its position in shares of State Street by 24.8% during the 2nd quarter. Handelsbanken Fonder AB now owns 111,637 shares of the asset manager’s stock valued at $18,934,000 after purchasing an additional 22,156 shares during the last quarter. Harrell Investment Partners LLC purchased a new position in shares of State Street during the 2nd quarter valued at about $264,000. Finally, Franklin Street Advisors Inc. NC purchased a new position in shares of State Street during the 2nd quarter valued at about $237,000. Institutional investors own 87.44% of the company’s stock.

Key Stories Impacting State Street

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

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.