State Street (NYSE:STT) CEO Hanley Ronald O Sells 14,553 Shares

Posted by Geri Gentry on May 29th, 2026

State Street Corporation (NYSE:STT – Get Free Report) CEO Hanley Ronald O sold 14,553 shares of the company’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $155.35, for a total transaction of $2,260,808.55. Following the completion of the sale, the chief executive officer directly owned 255,512 shares in the company, valued at approximately $39,693,789.20. The trade was a 5.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

State Street Stock Down 0.0%

Shares of STT stock opened at $157.87 on Friday. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.57 and a current ratio of 0.57. The firm’s 50-day moving average is $142.61 and its 200-day moving average is $132.06. The stock has a market cap of $43.69 billion, a price-to-earnings ratio of 16.01, a PEG ratio of 0.86 and a beta of 1.45. State Street Corporation has a 52-week low of $94.72 and a 52-week high of $159.31.

State Street (NYSE:STT – Get Free Report) last issued 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. State Street had a net margin of 13.47% and a return on equity of 14.22%. The company had revenue of $3.80 billion for the quarter, compared to analysts’ expectations of $3.59 billion. During the same period in the prior year, the firm earned $2.04 EPS. State Street’s quarterly revenue was up 15.6% compared to the same quarter last year. Sell-side analysts predict that State Street Corporation will post 12.35 EPS for the current year.

State Street Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, July 13th. Investors of record on Wednesday, July 1st will be paid a $0.84 dividend. The ex-dividend date is Wednesday, July 1st. This represents a $3.36 dividend on an annualized basis and a yield of 2.1%. State Street’s dividend payout ratio is 34.08%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Brighton Jones LLC bought a new stake in shares of State Street during the 4th quarter worth approximately $296,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of State Street by 2.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 32,223 shares of the asset manager’s stock worth $2,885,000 after acquiring an additional 918 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of State Street by 105.2% during the 1st quarter. NewEdge Advisors LLC now owns 10,193 shares of the asset manager’s stock worth $913,000 after acquiring an additional 5,226 shares during the period. Empowered Funds LLC lifted its holdings 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 worth $2,065,000 after acquiring an additional 15,996 shares during the period. Finally, Woodline Partners LP lifted its holdings 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 worth $2,182,000 after acquiring an additional 6,767 shares during the period. Institutional investors and hedge funds own 87.44% of the company’s stock.

Key Headlines Impacting State Street

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

Positive Sentiment: State Street Investment Management announced a change to its ETF lineup, including plans to close and liquidate the State Street DoubleLine Emerging Markets Fixed Income ETF (EMTL). The move suggests active portfolio management and a willingness to prune underperforming or non-core products, which can be viewed favorably by investors focused on capital efficiency. Article Title
Neutral Sentiment: State Street also presented at the Bernstein 42nd Annual Strategic Decisions Conference. Conference appearances typically do not move the stock on their own, but they can help reinforce the company’s strategy and outlook for institutional investors. Article Title
Neutral Sentiment: Several State Street entities ceased to be substantial holders in a handful of Australian companies, including Select Harvests, SRG Global, Elsight, and McMillan Shakespeare. These filings reflect changes in portfolio ownership, but they are not directly material to State Street’s own earnings power. Article Title
Negative Sentiment: CEO Ronald P. Hanley and EVP W. Bradford Hu both sold shares in pre-arranged Rule 10b5-1 transactions. While the sales were scheduled and disclosed, insider selling can still weigh on investor sentiment if viewed as a signal that management is trimming exposure near recent highs. Article Title

Analysts Set New Price Targets

STT has been the topic of a number of research reports. JPMorgan Chase & Co. upped their price target on shares of State Street from $137.50 to $158.50 and gave the company a “neutral” rating in a research note on Monday, May 11th. Weiss Ratings reiterated a “buy (b)” rating on shares of State Street in a research note on Monday, April 20th. Argus upped their price target on shares of State Street from $140.00 to $168.00 and gave the company a “buy” rating in a research note on Tuesday, April 21st. Zacks Research upgraded shares of State Street from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 21st. Finally, Wells Fargo & Company increased their target price on shares of State Street from $162.00 to $171.00 and gave the stock an “overweight” rating in a research report on Tuesday. Three analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, State Street has an average rating of “Moderate Buy” and a consensus target price of $158.57.

Get Our Latest 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.