Rep. Julia Letlow Sells Off Shares of State Street Corporation (NYSE:STT)

Posted by Brenda Bartman on Jan 16th, 2026

Representative Julia Letlow (R-Louisiana) recently sold shares of State Street Corporation (NYSE:STT). In a filing disclosed on January 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in State Street stock on November 21st. The trade occurred in the Representative’s “MERRILL LYNCH INVESTMENT ACCOUNT #025” account.

Representative Julia Letlow also recently made the following trade(s):

Sold $1,001 – $15,000 in shares of Salesforce (NYSE:CRM) on 12/16/2025.
Sold $1,001 – $15,000 in shares of Pinterest (NYSE:PINS) on 12/16/2025.
Purchased $1,001 – $15,000 in shares of United Rentals (NYSE:URI) on 12/16/2025.
Sold $1,001 – $15,000 in shares of Abbott Laboratories (NYSE:ABT) on 12/8/2025.
Sold $1,001 – $15,000 in shares of Mettler-Toledo International (NYSE:MTD) on 12/8/2025.
Purchased $1,001 – $15,000 in shares of Icon Energy (NASDAQ:ICON) on 12/8/2025.
Purchased $1,001 – $15,000 in shares of Devon Energy (NYSE:DVN) on 12/8/2025.
Purchased $1,001 – $15,000 in shares of AstraZeneca (NASDAQ:AZN) on 12/8/2025.
Purchased $1,001 – $15,000 in shares of Waters (NYSE:WAT) on 12/8/2025.
Sold $1,001 – $15,000 in shares of AbbVie (NYSE:ABBV) on 12/8/2025.

State Street Stock Up 1.0%

Shares of NYSE:STT opened at $136.11 on Friday. State Street Corporation has a 1 year low of $72.81 and a 1 year high of $137.05. The stock has a 50-day simple moving average of $125.07 and a 200-day simple moving average of $116.98. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.59 and a current ratio of 0.59. The stock has a market capitalization of $38.02 billion, a P/E ratio of 14.40, a PEG ratio of 0.90 and a beta of 1.43.

State Street (NYSE:STT – Get Free Report) last posted its earnings results on Friday, October 17th. The asset manager reported $2.78 earnings per share for the quarter, beating the consensus estimate of $2.57 by $0.21. The business had revenue of $3.55 billion for the quarter, compared to analyst estimates of $3.43 billion. State Street had a net margin of 13.14% and a return on equity of 13.37%. The business’s quarterly revenue was up 8.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.26 EPS. Equities analysts forecast that State Street Corporation will post 9.68 earnings per share for the current year.

State Street Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, January 12th. Stockholders of record on Friday, January 2nd were issued a $0.84 dividend. This represents a $3.36 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date was Friday, January 2nd. State Street’s dividend payout ratio (DPR) is 35.56%.

Insider Buying and Selling at State Street

In related news, EVP Michael L. Richards sold 1,500 shares of the stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $117.24, for a total transaction of $175,860.00. Following the completion of the sale, the executive vice president owned 38,626 shares in the company, valued at approximately $4,528,512.24. This trade represents a 3.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.29% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On State Street

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Regents of The University of California bought a new stake in shares of State Street during the 3rd quarter valued at $324,576,000. Norges Bank purchased a new stake in State Street in the 2nd quarter worth $256,367,000. Two Sigma Investments LP raised its holdings in State Street by 261.0% during the third quarter. Two Sigma Investments LP now owns 1,217,802 shares of the asset manager’s stock valued at $141,277,000 after acquiring an additional 880,507 shares during the period. First Trust Advisors LP raised its holdings in State Street by 36.8% during the third quarter. First Trust Advisors LP now owns 2,747,646 shares of the asset manager’s stock valued at $318,754,000 after acquiring an additional 738,456 shares during the period. Finally, Jupiter Asset Management Ltd. purchased a new position in shares of State Street in the third quarter valued at about $62,092,000. 87.44% of the stock is owned by hedge funds and other institutional investors.

More State Street News

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

Positive Sentiment: State Street launched a broad Digital Asset Platform to power tokenized finance, enabling tokenized money market funds, ETFs, deposits and stablecoins — a strategic move that could open new fee pools and custody revenue. State Street Launches Digital Asset Platform to Power Tokenized Finance
Positive Sentiment: Coverage highlights the tokenization tools aimed at institutional clients (tokenized MMFs, ETFs and digital cash), reinforcing State Street’s positioning as a bridge between traditional and crypto markets. State Street rolls out new crypto tokenization tools
Positive Sentiment: Industry write-ups note the platform is an infrastructure play (scalable custody & tokenization services) that moves State Street from experimentation toward commercial product delivery — a potential long-term growth driver. State Street Deploys Infrastructure Platform for Tokenized Assets
Positive Sentiment: Analyst notes ahead of the Q4 report show revisions pointing to higher expected EPS, suggesting consensus is tracking upward into earnings — a near-term positive for the stock if results meet or beat. State Street Likely To Report Higher Q4 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Neutral Sentiment: Market previews and commentary (Forbes, Yahoo Finance) focus on what to watch in the upcoming Q4 release — revenue, margins, and commentary on fee income and AUM trends will drive short-term moves. State Street (STT) Q4 Earnings Report Preview: What To Look For
Neutral Sentiment: Several outlets note the stock is near multi‑year highs ahead of earnings; that context raises expectations and could amplify post‑earnings volatility. J.B. Hunt Transport, PNC Financial And 3 Stocks To Watch Heading Into Friday
Neutral Sentiment: Product coverage: State Street’s iShares JNK (high-yield ETF run by SPDR/State Street) stories highlight product distribution track records — supportive for franchise perception but not an immediate earnings driver. State Street’s JNK ETF Pays 6.5% Monthly Income With 18 Years Of Reliable Distributions Behind It
Negative Sentiment: Truist downgraded STT to a Hold, which could weigh on near-term sentiment and limit upside from momentum trades even if fundamentals remain solid. State Street (STT) was downgraded to a Hold Rating at Truist Financial

Analysts Set New Price Targets

Several analysts have issued reports on STT shares. The Goldman Sachs Group reaffirmed a “buy” rating on shares of State Street in a research report on Tuesday, January 6th. Truist Financial reiterated a “hold” rating and issued a $138.00 price objective (up previously from $131.00) on shares of State Street in a report on Wednesday, January 7th. Morgan Stanley restated an “overweight” rating and set a $168.00 target price on shares of State Street in a research note on Tuesday, December 16th. BMO Capital Markets began coverage on State Street in a report on Friday, October 3rd. They issued an “outperform” rating and a $130.00 price target for the company. Finally, TD Cowen lifted their price objective on State Street from $135.00 to $155.00 and gave the stock a “buy” rating in a report on Wednesday, January 7th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $133.77.

Get Our Latest Stock Analysis on STT

About Representative Letlow

Julia Letlow (Republican Party) is a member of the U.S. House, representing Louisiana’s 5th Congressional District. She assumed office on April 14, 2021. Her current term ends on January 3, 2027.

Letlow (Republican Party) is running for re-election to the U.S. House to represent Louisiana’s 5th Congressional District. She declared candidacy for the primary scheduled on November 3, 2026.

Julia Letlow earned a doctorate. Letlow’s career experience includes working as a senior administrator with the University of Louisiana at Monroe.

State Street Company Profile

(Get 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.