NewEdge Advisors LLC Has $3.50 Million Stock Position in State Street Corporation $STT

Posted by Francis Steltz on Aug 1st, 2026

NewEdge Advisors LLC reduced its holdings in State Street Corporation (NYSE:STT – Free Report) by 14.4% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 27,694 shares of the asset manager’s stock after selling 4,663 shares during the quarter. NewEdge Advisors LLC’s holdings in State Street were worth $3,505,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Brighton Jones LLC bought a new position in shares of State Street during the 4th quarter worth approximately $296,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of State Street by 2.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 32,223 shares of the asset manager’s stock valued at $2,885,000 after acquiring an additional 918 shares in the last quarter. Empowered Funds LLC lifted its position in shares of State Street by 220.1% during the 1st quarter. Empowered Funds LLC now owns 23,263 shares of the asset manager’s stock valued at $2,065,000 after acquiring an additional 15,996 shares during the period. Woodline Partners LP lifted its position in shares of State Street by 38.4% during the 1st quarter. Woodline Partners LP now owns 24,372 shares of the asset manager’s stock valued at $2,182,000 after acquiring an additional 6,767 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its stake in State Street by 36.1% during the second quarter. EverSource Wealth Advisors LLC now owns 1,067 shares of the asset manager’s stock worth $114,000 after acquiring an additional 283 shares in the last quarter. 87.44% of the stock is owned by institutional investors and hedge funds.

Insider Activity at State Street

In other news, EVP W. Bradford Hu sold 9,758 shares of the stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $184.52, for a total value of $1,800,546.16. Following the completion of the sale, the executive vice president directly owned 49,794 shares of the company’s stock, valued at $9,187,988.88. This represents a 16.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Hanley Ronald P. O sold 14,553 shares of the firm’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 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. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 49,576 shares of company stock valued at $8,415,875. 0.27% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms have commented on STT. Truist Financial restated a “hold” rating and issued a $191.00 price target (up from $176.00) on shares of State Street in a report on Friday, July 17th. Bank of America raised their target price on State Street from $160.00 to $190.00 and gave the company a “neutral” rating in a research note on Tuesday, July 7th. JPMorgan Chase & Co. boosted their target price on State Street from $158.50 to $176.50 and gave the company a “neutral” rating in a research report on Monday, July 6th. Argus upped their price target on State Street from $140.00 to $168.00 and gave the stock a “buy” rating in a research note on Tuesday, April 21st. Finally, Evercore set a $200.00 price target on State Street in a report on Monday, July 20th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $184.72.

Get Our Latest Stock Report on State Street

State Street Stock Performance

STT opened at $184.60 on Friday. The company has a current ratio of 0.59, a quick ratio of 0.57 and a debt-to-equity ratio of 1.04. The company’s fifty day moving average price is $171.96 and its two-hundred day moving average price is $147.71. State Street Corporation has a 1-year low of $104.64 and a 1-year high of $192.51. The company has a market cap of $51.09 billion, a price-to-earnings ratio of 16.28, a PEG ratio of 0.76 and a beta of 1.42.

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

State Street Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 13th. Investors of record on Thursday, October 1st will be given a $0.92 dividend. This represents a $3.68 annualized dividend and a yield of 2.0%. 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. State Street’s payout ratio is 29.63%.

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.