State Street Corporation $STT Shares Bought by Pacific Heights Asset Management LLC

Posted by Francis Steltz on May 18th, 2026

Pacific Heights Asset Management LLC grew its position in shares of State Street Corporation (NYSE:STT – Free Report) by 16.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 215,000 shares of the asset manager’s stock after acquiring an additional 30,000 shares during the period. Pacific Heights Asset Management LLC’s holdings in State Street were worth $27,737,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in STT. JPL Wealth Management LLC acquired a new stake in State Street during the third quarter worth about $29,000. Flagship Wealth Advisors LLC acquired a new stake in State Street during the third quarter worth about $35,000. Measured Wealth Private Client Group LLC acquired a new stake in State Street during the third quarter worth about $35,000. Ameriflex Group Inc. increased its stake in State Street by 102.5% during the third quarter. Ameriflex Group Inc. now owns 318 shares of the asset manager’s stock worth $37,000 after acquiring an additional 161 shares during the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC increased its stake in State Street by 38.2% during the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 340 shares of the asset manager’s stock worth $39,000 after acquiring an additional 94 shares during the last quarter. 87.44% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the company. Keefe, Bruyette & Woods upped their price target on State Street from $157.00 to $175.00 and gave the stock an “outperform” rating in a research note on Monday, April 20th. Weiss Ratings restated a “buy (b)” rating on shares of State Street in a research note on Monday, April 20th. Citigroup upped their price target on State Street from $150.00 to $172.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Barclays set a $165.00 price target on State Street in a research note on Monday, April 20th. Finally, Truist Financial increased their target price on State Street from $136.00 to $150.00 and gave the company a “hold” rating in a research note on Monday, April 20th. Three equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, State Street presently has an average rating of “Moderate Buy” and an average target price of $155.77.

View Our Latest Analysis on STT

Insider Activity at State Street

In related news, COO Mostapha Tahiri sold 9,611 shares of the stock in a transaction dated Wednesday, April 22nd. The stock was sold at an average price of $152.93, for a total value of $1,469,810.23. Following the completion of the transaction, the chief operating officer owned 64,642 shares of the company’s stock, valued at approximately $9,885,701.06. This represents a 12.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP John Plansky sold 16,100 shares of the stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $124.32, for a total value of $2,001,552.00. Following the completion of the transaction, the executive vice president directly owned 56,162 shares of the company’s stock, valued at $6,982,059.84. This represents a 22.28% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 28,711 shares of company stock valued at $3,933,032. Insiders own 0.27% of the company’s stock.

State Street Price Performance

STT stock opened at $152.89 on Monday. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.57 and a current ratio of 0.57. State Street Corporation has a 1 year low of $94.19 and a 1 year high of $156.18. The firm has a market cap of $42.32 billion, a P/E ratio of 15.51, a price-to-earnings-growth ratio of 0.84 and a beta of 1.45. The stock has a 50-day simple moving average of $136.77 and a 200-day simple moving average of $129.65.

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, beating analysts’ consensus estimates of $2.64 by $0.20. State Street had a return on equity of 14.22% and a net margin of 13.47%.The business had revenue of $3.80 billion during the quarter, compared to analyst estimates of $3.59 billion. During the same quarter last year, the firm earned $2.04 earnings per share. The company’s revenue for the quarter was up 15.6% compared to the same quarter last year. On average, equities analysts predict that State Street Corporation will post 12.35 earnings per share for the current fiscal year.

State Street Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, April 13th. Investors of record on Wednesday, April 1st were issued a $0.84 dividend. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a $3.36 dividend on an annualized basis and a yield of 2.2%. State Street’s dividend payout ratio is currently 34.08%.

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.