State Street
About: State Street is a leading provider of financial services, including investment servicing, investment management, and investment research and trading. With approximately $42 trillion in assets under custody and administration and $4.1 trillion assets under management as of Dec. 31, 2023, State Street operates globally in more than 100 geographic markets and employs more than 46,000 worldwide.
Employees: 52,568
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
0.52% more ownership
Funds ownership: 89.51% [Q1] → 90.03% (+0.52%) [Q2]
4% less capital invested
Capital invested by funds: $20.9B [Q1] → $20.1B (-$820M) [Q2]
2% less funds holding
Funds holding: 901 [Q1] → 887 (-14) [Q2]
11% less call options, than puts
Call options by funds: $120M | Put options by funds: $136M
13% less funds holding in top 10
Funds holding in top 10: 8 [Q1] → 7 (-1) [Q2]
15% less first-time investments, than exits
New positions opened: 79 | Existing positions closed: 93
18% less repeat investments, than reductions
Existing positions increased: 285 | Existing positions reduced: 347
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Barclays Jason Goldberg 66% 1-year accuracy 19 / 29 met price target | 17%upside $108 | Overweight Maintained | 16 Oct 2024 |
Wells Fargo Mike Mayo 75% 1-year accuracy 12 / 16 met price target | 15%upside $106 | Overweight Maintained | 16 Oct 2024 |
Evercore ISI Group Glenn Schorr 89% 1-year accuracy 25 / 28 met price target | 2%upside $94 | Outperform Maintained | 16 Oct 2024 |
Morgan Stanley Connor Lynagh 50% 1-year accuracy 5 / 10 met price target | 10%upside $102 | Equal-Weight Maintained | 16 Oct 2024 |
Morgan Stanley Connor Lynagh 50% 1-year accuracy 5 / 10 met price target | 8%upside $100 | Equal-Weight Maintained | 30 Sept 2024 |
Financial journalist opinion
Based on 23 articles about STT published over the past 30 days