State Street
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
0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
122% more first-time investments, than exits
New positions opened: 142 | Existing positions closed: 64
50% more funds holding in top 10
Funds holding in top 10: 6 [Q3] → 9 (+3) [Q4]
8% more capital invested
Capital invested by funds: $23.1B [Q3] → $25B (+$1.94B) [Q4]
5% more funds holding
Funds holding: 905 [Q3] → 950 (+45) [Q4]
0.18% less ownership
Funds ownership: 87.23% [Q3] → 87.05% (-0.18%) [Q4]
22% less repeat investments, than reductions
Existing positions increased: 281 | Existing positions reduced: 358
35% less call options, than puts
Call options by funds: $145M | Put options by funds: $223M
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$103
4%
upside
Avg. target
$117
19%
upside
High target
$132
34%
upside
6 analyst ratings
4 positive
67%
2 neutral
33%
0 negative
0%
Deutsche Bank Brian Bedell 73% 1-year accuracy 32 / 44 met price target | 4%upside $103 | Hold Reiterated | 22 Jan 2025 |
Truist Securities David Smith 63% 1-year accuracy 5 / 8 met price target | 5%upside $104 | Hold Maintained | 21 Jan 2025 |
Barclays Jason Goldberg 75% 1-year accuracy 42 / 56 met price target | 29%upside $127 | Overweight Maintained | 6 Jan 2025 |
Morgan Stanley Connor Lynagh 43% 1-year accuracy 6 / 14 met price target | 34%upside $132 | Overweight Maintained | 3 Jan 2025 |
Wells Fargo Mike Mayo 74% 1-year accuracy 20 / 27 met price target | 20%upside $118 | Overweight Maintained | 2 Jan 2025 |
Financial journalist opinion
Based on 11 articles about STT published over the past 30 days
Positive
Zacks Investment Research
19 hours ago
State Street Corporation (STT) is a Top Dividend Stock Right Now: Should You Buy?
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
1 day ago
State Street Corporation Declares Dividends on its Common Stock and Non-Cumulative Perpetual Preferred Stock Series “G,” “I,” and “J”
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced a quarterly cash dividend of $0.76 per share of common stock, payable on April 11, 2025 to common shareholders of record at the close of business on April 1, 2025. Additionally, State Street Corporation announced a cash dividend on each of the below outstanding series of non-cumulative perpetual preferred stock: Series G (represented by depositary shares, each representing a 1/4000th interest in a share of Series G pre.
Neutral
Business Wire
2 weeks ago
State Street Corporation Announces Issuance of Preferred Stock
BOSTON--(BUSINESS WIRE)--State Street Corporation (“State Street”) (NYSE: STT) announced today that it has issued $750 million of depositary shares, each representing a 1/100th ownership interest in a share of its 6.450% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series K (the “Series K Preferred Stock”), with a liquidation preference of $100,000 per share. Consistent with recent securities issuances, State Street accessed a broad investor base through a diverse syndicate of und.
Positive
Zacks Investment Research
2 weeks ago
State Street Corporation (STT) Could Be a Great Choice
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?
Negative
Bloomberg Markets and Finance
2 weeks ago
Stagflation Is a Concern for State Street Strategist Loh
Marvin Loh, senior global macro strategist at State Street, says he is in the bear steepening camp which keeps him "hesitant to really embrace duration" in the bond market.
Neutral
Business Wire
2 weeks ago
State Street to Speak at the UBS Financial Services Conference
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) announced today that its Chairman & Chief Executive Officer, Ron O'Hanley, will present at the UBS Financial Services Conference in Miami, FL on Tuesday, February 11, 2025 at approximately 10:30 am ET. An audio webcast of the event will be accessible on the home page of State Street's Investor Relations website, https://investors.statestreet.com/. A recorded replay will be available on the Investor Relations website later that da.
Positive
Seeking Alpha
2 weeks ago
My Top 15 High-Growth Dividend Stocks For February 2025
The SPDR S&P 500 ETF Trust starts 2025 on a positive note gaining 2.67% in January. The Top 15 dividend growth stocks for February 2025 offer an average dividend yield of 1.64% and appear to be about 25% undervalued based on dividend yield theory. Since its inception in September 2020, the watch list has achieved a 11.03% compound annual growth rate.
Positive
Seeking Alpha
2 weeks ago
My Top 10 High-Yield Dividend Stocks For February 2025
SPY kicks off 2025 with a gain of 2.67% in January. VYM is off to an even better start with a gain of 3.75%. The top 10 stocks on the watchlist for February 2025 offer a 3.43% dividend yield, nearly triple that of the S&P 500. My top 10 list of high dividend yield stocks has generated an annualized rate of return of 15.95% since its inception in November 2020.
Neutral
Kitco
3 weeks ago
Gold prices are off to the races as investors protect themselves from market volatility - State Street's George Milling-Stanley
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Neutral
Business Wire
4 weeks ago
Sarah Salih Joins State Street as Head of North America Investment Services Business
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced the appointment of Sarah Salih to executive vice president and head of North America for its Investment Services business. Salih is based in Boston and reports to Joerg Ambrosius, president of State Street Investment Services. In this new role, Salih will establish a cohesive operating model to deliver a consistent experience for clients in North America. In this capacity, she will develop and maintain deep client rel.
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