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
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
34% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 74
10% more capital invested
Capital invested by funds: $21B [Q2] → $23.1B (+$2.05B) [Q3]
2% more funds holding
Funds holding: 887 [Q2] → 901 (+14) [Q3]
7.14% less ownership
Funds ownership: 94.36% [Q2] → 87.23% (-7.14%) [Q3]
14% less funds holding in top 10
Funds holding in top 10: 7 [Q2] → 6 (-1) [Q3]
15% less call options, than puts
Call options by funds: $172M | Put options by funds: $202M
27% less repeat investments, than reductions
Existing positions increased: 271 | Existing positions reduced: 373
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$95
3%
downside
Avg. target
$116
19%
upside
High target
$132
35%
upside
6 analyst ratings
4 positive
67%
2 neutral
33%
0 negative
0%
Truist Securities David Smith 67% 1-year accuracy 4 / 6 met price target | 9%upside $106 | Hold Initiated | 7 Jan 2025 |
Barclays Jason Goldberg 69% 1-year accuracy 37 / 54 met price target | 30%upside $127 | Overweight Maintained | 6 Jan 2025 |
Morgan Stanley Connor Lynagh 36% 1-year accuracy 5 / 14 met price target | 35%upside $132 | Overweight Maintained | 3 Jan 2025 |
Wells Fargo Mike Mayo 77% 1-year accuracy 20 / 26 met price target | 21%upside $118 | Overweight Maintained | 2 Jan 2025 |
Keefe, Bruyette & Woods David Konrad 68% 1-year accuracy 19 / 28 met price target | 23%upside $120 | Outperform Upgraded | 3 Dec 2024 |
Financial journalist opinion
Based on 13 articles about STT published over the past 30 days
Positive
Zacks Investment Research
4 hours ago
Are You Looking for a High-Growth Dividend Stock?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does State Street Corporation (STT) have what it takes?
Neutral
Business Wire
3 days ago
State Street Corporation (NYSE: STT) to Host Additional Q&A for 4Q and Full-Year Earnings Results
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) reported its fourth-quarter and full-year 2024 financial results earlier today. The news release, presentation and additional financial information can be accessed on State Street's Investor Relations website, http://investors.statestreet.com. A conference call to discuss the firm's financial results and outlook scheduled for 11:00 a.m. ET, Friday, January 17, 2025 was interrupted after the conclusion of the prepared remarks and duri.
Positive
Benzinga
3 days ago
Nasdaq Surges Over 300 Points; State Street Earnings Top Views
U.S. stocks traded higher toward the end of trading, with the S&P 500 gaining around 1% on Friday.
Neutral
Zacks Investment Research
3 days ago
State Street's Q4 Earnings Top as NII & Fee Income Rises, Stock Down
Higher NII and fee income and growth in AUC/A and AUM balance support STT's Q4 earnings.
Positive
Zacks Investment Research
3 days ago
State Street (STT) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for State Street (STT) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Positive
Zacks Investment Research
3 days ago
State Street Corporation (STT) Q4 Earnings and Revenues Beat Estimates
State Street Corporation (STT) came out with quarterly earnings of $2.60 per share, beating the Zacks Consensus Estimate of $2.42 per share. This compares to earnings of $2.04 per share a year ago.
Neutral
Business Wire
3 days ago
State Street Corporation (NYSE: STT) Reports Fourth-Quarter and Full-Year 2024 Financial Results
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) reported its fourth-quarter and full-year 2024 financial results today. The news release, presentation and additional financial information can be accessed on State Street's Investor Relations website, http://investors.statestreet.com. A conference call to discuss the firm's financial results, outlook and related matters will be held at 11:00 a.m. ET today, Friday, January 17, 2025. The call will be open to the public. The conference.
Negative
Zacks Investment Research
6 days ago
NII to Aid STT's Q4 Earnings, Lower Fee Revenues & High Costs to Hurt
Growth in NII is likely to have aided State Street's fourth-quarter 2024 earnings, while a fall in fee revenues and high expenses are likely to have hurt.
Neutral
Zacks Investment Research
6 days ago
Exploring Analyst Estimates for State Street (STT) Q4 Earnings, Beyond Revenue and EPS
Evaluate the expected performance of State Street (STT) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Positive
Benzinga
6 days ago
How To Earn $500 A Month From State Street Stock Ahead Of Q4 Earnings
State Street Corporation STT will release its fourth-quarter financial results, before the opening bell, on Friday, Jan. 17, 2025.
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