State Street (STT)

• Market cap: $25.2B
• 1 day: -0.22%
• 5 days: 9.09%
• 1 month: -5.56%
• 3 months: -12.83%
• 6 months: -3.32%
• Year to date: -10.79%
• 1 year: 19.22%
• 5 years: 42.57%
• 10 years: 13.58%
• Sector: Financials
• Industry: Asset Management

About: State Street is a leading provider of financial services, including investment servicing, investment management, and investment research and trading. With approximately $47 trillion in assets under custody and administration and $4.7 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: 52,626

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

154% more first-time investments, than exits

New positions opened: 155 | Existing positions closed: 61

50% more funds holding in top 10

Funds holding in top 10: 6 [Q3] → 9 (+3) [Q4]

11% more capital invested

Capital invested by funds: $22.6B [Q3] → $25.1B (+$2.56B) [Q4]

9% more funds holding

Funds holding: 905 [Q3] → 982 (+77) [Q4]

0.16% more ownership

Funds ownership: 85.44% [Q3] → 85.6% (+0.16%) [Q4]

21% less repeat investments, than reductions

Existing positions increased: 288 | Existing positions reduced: 364

34% less call options, than puts

Call options by funds: $146M | Put options by funds: $223M

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $85 3% downside
• Avg. target: $108 23% upside
• High target: $132 51% upside

9 analyst ratings

• positive: 6 67%
• neutral: 2 22%
• negative: 1 11%

Keefe, Bruyette & Woods David Konrad 39% 1-year accuracy 12 / 31 met price target	29% upside $113	Outperform Maintained	21 Apr 2025
Truist Securities David Smith 50% 1-year accuracy 7 / 14 met price target	3% downside $85	Hold Maintained	21 Apr 2025
Barclays Jason Goldberg 49% 1-year accuracy 31 / 63 met price target	37% upside $120	Overweight Maintained	21 Apr 2025
Morgan Stanley Betsy Graseck 55% 1-year accuracy 30 / 55 met price target	17% upside $102	Overweight Maintained	7 Apr 2025
Morgan Stanley Connor Lynagh 15% 1-year accuracy 3 / 20 met price target	51% upside $132	Overweight Maintained	2 Apr 2025