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 Q3 regulatory filings by fund managers ($100M+ AUM)
11% more capital invested
Capital invested by funds: $20.4B [Q2] → $22.5B (+$2.18B) [Q3]
0% more funds holding
Funds holding: 887 [Q2] → 887 (+0) [Q3]
0% more first-time investments, than exits
New positions opened: 95 | Existing positions closed: 95
6.2% less ownership
Funds ownership: 91.39% [Q2] → 85.19% (-6.2%) [Q3]
14% less funds holding in top 10
Funds holding in top 10: 7 [Q2] → 6 (-1) [Q3]
19% less call options, than puts
Call options by funds: $163M | Put options by funds: $202M
28% less repeat investments, than reductions
Existing positions increased: 267 | Existing positions reduced: 369
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Wells Fargo Mike Mayo 85% 1-year accuracy 22 / 26 met price target | 14%upside $108 | Overweight Maintained | 15 Nov 2024 |
Deutsche Bank Brian Bedell 80% 1-year accuracy 32 / 40 met price target | 0%upside $95 | Hold Maintained | 11 Nov 2024 |
Barclays Jason Goldberg 83% 1-year accuracy 20 / 24 met price target | 14%upside $108 | Overweight Maintained | 16 Oct 2024 |
Wells Fargo Mike Mayo 85% 1-year accuracy 22 / 26 met price target | 12%upside $106 | Overweight Maintained | 16 Oct 2024 |
Evercore ISI Group Glenn Schorr 100% 1-year accuracy 34 / 34 met price target | 1%downside $94 | Outperform Maintained | 16 Oct 2024 |
Financial journalist opinion
Based on 13 articles about STT published over the past 30 days