Contravisory Investment Management Inc. Sells 3,539 Shares of State Street Corporation $STT

Posted by Francis Steltz on Jun 27th, 2026

Contravisory Investment Management Inc. cut its position in State Street Corporation (NYSE:STT – Free Report) by 84.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 655 shares of the asset manager’s stock after selling 3,539 shares during the quarter. Contravisory Investment Management Inc.’s holdings in State Street were worth $83,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the company. Regents of The University of California increased its stake in shares of State Street by 211.2% during the 4th quarter. Regents of The University of California now owns 8,706,195 shares of the asset manager’s stock worth $1,123,186,000 after purchasing an additional 5,908,370 shares during the last quarter. Morgan Stanley raised its stake in State Street by 9.0% in the 4th quarter. Morgan Stanley now owns 5,222,382 shares of the asset manager’s stock valued at $673,740,000 after acquiring an additional 433,201 shares during the period. Victory Capital Management Inc. lifted its holdings in State Street by 30.8% during the 4th quarter. Victory Capital Management Inc. now owns 4,559,546 shares of the asset manager’s stock valued at $588,227,000 after purchasing an additional 1,074,174 shares during the last quarter. Franklin Resources Inc. boosted its position in State Street by 1.7% during the fourth quarter. Franklin Resources Inc. now owns 3,926,321 shares of the asset manager’s stock worth $506,534,000 after purchasing an additional 67,309 shares during the period. Finally, First Trust Advisors LP increased its holdings in shares of State Street by 30.4% in the fourth quarter. First Trust Advisors LP now owns 3,582,977 shares of the asset manager’s stock valued at $462,240,000 after purchasing an additional 835,331 shares during the last quarter. Institutional investors and hedge funds own 87.44% of the company’s stock.

Insider Buying and Selling at State Street

In other State Street news, CEO Hanley Ronald P. O sold 14,553 shares of State Street stock in a transaction dated 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 owned 255,512 shares of the company’s stock, valued at $39,693,789.20. The trade was a 5.39% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Mostapha Tahiri sold 9,611 shares of the company’s 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 in the company, valued at $9,885,701.06. This represents a 12.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 37,876 shares of company stock valued at $5,866,583 over the last 90 days. 0.27% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several analysts recently commented on the stock. Keefe, Bruyette & Woods lifted their target price on shares of State Street from $157.00 to $175.00 and gave the stock an “outperform” rating in a report on Monday, April 20th. Citigroup boosted their price objective on shares of State Street from $172.00 to $193.00 and gave the company a “buy” rating in a report on Tuesday. Wells Fargo & Company lifted their price target on shares of State Street from $171.00 to $196.00 and gave the company an “overweight” rating in a research report on Wednesday. Seaport Research Partners reiterated a “buy” rating and issued a $170.00 price target on shares of State Street in a research note on Monday, April 20th. Finally, JPMorgan Chase & Co. increased their price target on State Street from $137.50 to $158.50 and gave the stock a “neutral” rating in a research report on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $164.16.

View Our Latest Report on STT

State Street Trading Down 0.6%

Shares of STT stock opened at $168.44 on Friday. State Street Corporation has a 1-year low of $101.98 and a 1-year high of $175.46. 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 has a market cap of $46.62 billion, a price-to-earnings ratio of 17.08, a PEG ratio of 0.93 and a beta of 1.43. The stock has a 50-day moving average of $157.67 and a 200-day moving average of $139.01.

State Street (NYSE:STT – Get Free Report) last released 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. The company had revenue of $3.80 billion for the quarter, compared to the consensus estimate of $3.59 billion. State Street had a net margin of 13.47% and a return on equity of 14.22%. State Street’s quarterly revenue was up 15.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.04 EPS. On average, equities research analysts forecast that State Street Corporation will post 12.35 earnings per share for the current year.

State Street Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 13th. Shareholders of record on Wednesday, July 1st will be issued 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 yield of 2.0%. State Street’s dividend payout ratio is 34.08%.

State Street News Summary

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

Positive Sentiment: State Street plans to increase its quarterly dividend by 10% after passing the 2026 stress test, reinforcing its capital strength and shareholder-return story. STT Announces Plan for 10% Dividend Hike Post 2026 Stress Test Results
Positive Sentiment: Truist Financial raised its price target on State Street to $176 from $150, implying continued upside potential even while keeping a hold rating. State Street price target raised by Truist Financial Corporation
Positive Sentiment: Wall Street expectations for State Street’s upcoming Q2 earnings point to another double-digit EPS increase, which could support sentiment if results confirm the trend. State Street Corporation’s Q2 2026 Earnings: What to Expect
Neutral Sentiment: Barclays kept a hold rating on State Street, and another analyst update also suggests investors remain constructive but not aggressively bullish at current levels. Barclays Remains a Hold on State Street (STT)
Neutral Sentiment: Commentary on State Street’s 65% annual stock gain and current valuation suggests investors are debating whether the rally has already priced in a lot of good news. State Street (STT) Stock After 65% Year Gain Are Recent Valuation Signals Justified

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.