State Street Corporation $STT Shares Purchased by CCM Investment Advisers LLC

Posted by Brian Himes on Jul 31st, 2026

CCM Investment Advisers LLC boosted its holdings in State Street Corporation (NYSE:STT – Free Report) by 8.8% during the first quarter, HoldingsChannel.com reports. The fund owned 83,669 shares of the asset manager’s stock after acquiring an additional 6,790 shares during the period. CCM Investment Advisers LLC’s holdings in State Street were worth $10,589,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. JPL Wealth Management LLC acquired a new stake in shares of State Street during the 3rd quarter worth approximately $29,000. Wilkerson Advisory Group LLC bought a new stake in shares of State Street in the 4th quarter worth approximately $29,000. Phillip James Consulting Co. acquired a new position in State Street during the 4th quarter valued at approximately $30,000. Whipplewood Advisors LLC acquired a new position in State Street during the 1st quarter valued at approximately $34,000. Finally, Measured Wealth Private Client Group LLC bought a new position in State Street during the 3rd quarter worth $35,000. 87.44% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have weighed in on STT. Keefe, Bruyette & Woods increased their target price on State Street from $195.00 to $215.00 and gave the stock an “outperform” rating in a research report on Friday, July 17th. Truist Financial reissued a “hold” rating and set a $191.00 price target (up from $176.00) on shares of State Street in a report on Friday, July 17th. The Goldman Sachs Group upped their price target on shares of State Street from $168.00 to $194.00 and gave the stock a “buy” rating in a research report on Tuesday, June 30th. Wells Fargo & Company increased their price objective on shares of State Street from $196.00 to $215.00 and gave the stock an “overweight” rating in a report on Friday, July 17th. Finally, Seaport Research Partners reiterated a “buy” rating and issued a $170.00 price objective on shares of State Street in a research report on Monday, April 20th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $184.72.

Check Out Our Latest Report on State Street

Insider Activity

In related news, CEO Hanley Ronald P. O sold 14,553 shares of the stock in a transaction dated Tuesday, July 21st. The shares were sold at an average price of $184.17, for a total value of $2,680,226.01. Following the completion of the transaction, the chief executive officer owned 240,959 shares in the company, valued at $44,377,419.03. This represents a 5.70% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP W. Bradford Hu sold 9,758 shares of the stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $184.52, for a total transaction of $1,800,546.16. Following the completion of the transaction, the executive vice president owned 49,794 shares of the company’s stock, valued at $9,187,988.88. This represents a 16.39% 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. Over the last ninety days, insiders have sold 49,576 shares of company stock valued at $8,415,875. Company insiders own 0.27% of the company’s stock.

State Street Stock Performance

Shares of STT stock opened at $182.93 on Friday. State Street Corporation has a 12-month low of $104.64 and a 12-month 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 firm has a market capitalization of $50.63 billion, a price-to-earnings ratio of 16.13, a price-to-earnings-growth ratio of 0.73 and a beta of 1.42. The business has a 50 day simple moving average of $171.34 and a 200 day simple moving average of $147.45.

State Street (NYSE:STT – Get Free Report) last announced its earnings results on Thursday, July 16th. The asset manager reported $3.65 earnings per share for the quarter, beating the consensus estimate of $3.34 by $0.31. State Street had a return on equity of 15.26% and a net margin of 15.02%.The firm had revenue of $4.05 billion for the quarter, compared to the consensus estimate of $3.88 billion. During the same quarter in the previous year, the business earned $2.04 EPS. The firm’s revenue for the quarter was up 23.3% on a year-over-year basis. On average, equities research analysts anticipate that State Street Corporation will post 13.68 EPS for the current year.

State Street Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 13th. Stockholders of record on Thursday, October 1st will be issued a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a dividend yield of 2.0%. This is a positive change from State Street’s previous quarterly dividend of $0.84. The ex-dividend date of this dividend is Thursday, October 1st. State Street’s dividend payout ratio is 32.45%.

About State Street

(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.