State Street (NYSE:STT) EVP Sells $243,210.00 in Stock

Posted by Geri Gentry on Jun 12th, 2026

State Street Corporation (NYSE:STT – Get Free Report) EVP Michael Richards sold 1,500 shares of the firm’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $162.14, for a total value of $243,210.00. Following the completion of the transaction, the executive vice president owned 41,827 shares in the company, valued at $6,781,829.78. This represents a 3.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

State Street Stock Performance

Shares of State Street stock opened at $164.71 on Friday. The company has a market capitalization of $45.59 billion, a PE ratio of 16.70, a PEG ratio of 0.88 and a beta of 1.43. State Street Corporation has a 12 month low of $95.67 and a 12 month high of $165.57. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 1.04. The stock’s fifty day simple moving average is $150.06 and its 200 day simple moving average is $135.20.

State Street (NYSE:STT – Get Free Report) last issued its quarterly earnings data on Friday, April 17th. The asset manager reported $2.84 EPS for the quarter, topping the consensus estimate of $2.64 by $0.20. The business had revenue of $3.80 billion for the quarter, compared to the consensus estimate of $3.59 billion. State Street had a return on equity of 14.22% and a net margin of 13.47%.The firm’s revenue was up 15.6% compared to the same quarter last year. During the same quarter last year, the business posted $2.04 EPS. On average, research analysts predict that State Street Corporation will post 12.35 EPS for the current year.

State Street Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 13th. Investors of record on Wednesday, July 1st will be paid a dividend of $0.84 per share. This represents a $3.36 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Wednesday, July 1st. State Street’s dividend payout ratio (DPR) is presently 34.08%.

Institutional Trading of State Street

Hedge funds and other institutional investors have recently modified their holdings of the company. Wilkerson Advisory Group LLC acquired a new stake in shares of State Street in the 4th quarter valued at about $29,000. JPL Wealth Management LLC acquired a new stake in shares of State Street in the 3rd quarter valued at about $29,000. Phillip James Consulting Co. acquired a new stake in shares of State Street in the 4th quarter valued at about $30,000. Whipplewood Advisors LLC acquired a new stake in shares of State Street in the 1st quarter valued at about $34,000. Finally, Reflection Asset Management acquired a new stake in shares of State Street in the 4th quarter valued at about $35,000. Institutional investors and hedge funds own 87.44% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently commented on STT shares. Truist Financial raised their price objective on State Street from $136.00 to $150.00 and gave the stock a “hold” rating in a research note on Monday, April 20th. Morgan Stanley raised their price objective on State Street from $155.00 to $166.00 and gave the stock an “overweight” rating in a research note on Monday, April 20th. Wells Fargo & Company raised their price objective on State Street from $162.00 to $171.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 26th. Bank of America raised State Street from an “underperform” rating to a “neutral” rating and set a $143.00 price objective on the stock in a research note on Monday, April 6th. Finally, Citigroup raised their price objective on State Street from $150.00 to $172.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Three equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, State Street has an average rating of “Moderate Buy” and an average target price of $158.57.

Read Our Latest Research Report on STT

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.