Bull Harbor Capital LLC Purchases Shares of 2,808 State Street Corporation $STT

Posted by Stanley Muller on Aug 1st, 2026

Bull Harbor Capital LLC bought a new position in shares of State Street Corporation (NYSE:STT – Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 2,808 shares of the asset manager’s stock, valued at approximately $355,000.

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

Analyst Ratings Changes

Several brokerages recently commented on STT. Seaport Research Partners reaffirmed a “buy” rating and set a $170.00 target price on shares of State Street in a report on Monday, April 20th. Evercore set a $200.00 price target on shares of State Street in a report on Monday, July 20th. Keefe, Bruyette & Woods raised their price objective on shares of State Street from $195.00 to $215.00 and gave the stock an “outperform” rating in a research report on Friday, July 17th. The Goldman Sachs Group boosted their price objective on State Street from $168.00 to $194.00 and gave the stock a “buy” rating in a report on Tuesday, June 30th. Finally, Barclays upped their target price on State Street from $165.00 to $200.00 and gave the company an “equal weight” rating in a research report on Friday, July 17th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, State Street has an average rating of “Moderate Buy” and an average price target of $184.72.

Check Out Our Latest Stock Analysis on State Street

State Street Price Performance

STT stock opened at $184.60 on Friday. The company has a quick ratio of 0.57, a current ratio of 0.59 and a debt-to-equity ratio of 1.04. State Street Corporation has a 12 month low of $104.64 and a 12 month high of $192.51. The firm has a market cap of $51.09 billion, a P/E ratio of 16.28, a P/E/G ratio of 0.76 and a beta of 1.42. The company’s 50-day moving average price is $171.96 and its two-hundred day moving average price is $147.71.

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

State Street Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 13th. Stockholders of record on Thursday, October 1st will be paid a dividend of $0.92 per share. The ex-dividend date of this dividend is Thursday, October 1st. This is a positive change from State Street’s previous quarterly dividend of $0.84. This represents a $3.68 dividend on an annualized basis and a dividend yield of 2.0%. State Street’s payout ratio is 29.63%.

Insider Transactions at State Street

In other State Street news, EVP Michael L. Richards sold 1,500 shares of the company’s stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $162.14, for a total value of $243,210.00. Following the sale, the executive vice president owned 41,827 shares in the company, valued at approximately $6,781,829.78. The trade was a 3.46% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Hanley Ronald P. O sold 14,553 shares of the company’s stock in a transaction that occurred on 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 sale, the chief executive officer owned 240,959 shares in the company, valued at $44,377,419.03. The trade was a 5.70% decrease in their ownership of the stock. 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 three months, insiders have sold 49,576 shares of company stock worth $8,415,875. Insiders own 0.27% of the company’s stock.

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.