State Street (NYSE:STT) Reaches New 1-Year High After Analyst Upgrade

23 Apr 2026, 01:50 by Scott Moore · The Cerbat Gem

State Street Corporation (NYSE:STT – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Tuesday after Argus raised their price target on the stock from $140.00 to $168.00. Argus currently has a buy rating on the stock. State Street traded as high as $150.27 and last traded at $150.0350, with a volume of 3088585 shares changing hands. The stock had previously closed at $145.43.

Several other equities research analysts have also issued reports on the company. Loop Capital set a $144.00 price target on State Street in a report on Tuesday, January 6th. Bank of America upgraded State Street from an “underperform” rating to a “neutral” rating and set a $143.00 price target for the company in a report on Monday, April 6th. Evercore set a $158.00 price target on State Street and gave the company an “outperform” rating in a report on Monday. Wall Street Zen upgraded State Street from a “sell” rating to a “hold” rating in a report on Saturday, January 17th. Finally, Royal Bank Of Canada lifted their price target on State Street from $135.00 to $155.00 and gave the company a “sector perform” rating in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, State Street has an average rating of “Moderate Buy” and an average target price of $154.00.

Get Our Latest Analysis on STT

Insider Activity at State Street

In other news, EVP John Plansky sold 16,100 shares of the company’s stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $124.32, for a total transaction of $2,001,552.00. Following the completion of the transaction, the executive vice president directly owned 56,162 shares in the company, valued at $6,982,059.84. The trade was a 22.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.29% of the stock is currently owned by company insiders.

Key Headlines Impacting State Street

Here are the key news stories impacting State Street this week:

Positive Sentiment: Earnings-estimate revisions are moving higher for State Street, suggesting analysts expect continued profit momentum — a near-term positive catalyst. Earnings Estimates Moving Higher for State Street (STT): Time to Buy?
Positive Sentiment: Keefe, Bruyette & Woods raised its price target to $175, signaling upside vs. current levels and supporting investor optimism. Keefe, Bruyette & Woods Boosts State Street (NYSE:STT) Price Target to $175.00
Positive Sentiment: Momentum and Q1 commentary: observers note STT rallied recently (up ~4.3% over a week) and some analysts described Q1 as a “blockbuster,” reflecting strong EPS/revenue beats that underpin the bullish case. State Street Corporation (STT) Is Up 4.31% in One Week: What You Should Know
Neutral Sentiment: Analyst coverage is mixed: several outlets highlight conflicting views across brokerages (some Holds, some constructive), leaving consensus direction unclear for investors. Analysts’ Opinions Are Mixed on These Financial Stocks: Simmons 1st Nat’l (SFNC) and State Street (STT)
Neutral Sentiment: State Street’s asset-management units have trimmed/ceased “substantial holder” positions in several foreign names — routine portfolio moves that are unlikely to materially affect STT’s fundamentals but may show portfolio flow activity. State Street Exits Substantial Holder Position in Washington H. Soul Pattinson
Negative Sentiment: Bank of America (via coverage reported on TipRanks) reiterated a Hold, noting that while near-term delivery is solid, a valuation re-rating limits upside — a cautionary signal that can cap multiple expansion. State Street: Solid Near‑term Delivery but Valuation Re‑Rating Leaves Risk‑Reward Balanced at Hold
Negative Sentiment: RBC Capital issued a Hold on STT, reinforcing the cautious theme among some brokers and contributing to today’s selling pressure. State Street (STT) Receives a Hold from RBC Capital

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. True Wealth Design LLC increased its position in shares of State Street by 166.3% during the third quarter. True Wealth Design LLC now owns 253 shares of the asset manager’s stock valued at $29,000 after purchasing an additional 158 shares during the period. Wilkerson Advisory Group LLC bought a new stake in shares of State Street during the fourth quarter valued at approximately $29,000. JPL Wealth Management LLC bought a new stake in shares of State Street during the third quarter valued at approximately $29,000. Phillip James Consulting Co. bought a new stake in shares of State Street during the fourth quarter valued at approximately $30,000. Finally, Flagship Wealth Advisors LLC bought a new stake in shares of State Street during the third quarter valued at approximately $35,000. 87.44% of the stock is currently owned by institutional investors and hedge funds.

State Street Trading Down 0.8%

The firm has a market capitalization of $42.19 billion, a P/E ratio of 15.44, a PEG ratio of 0.96 and a beta of 1.37. The company has a quick ratio of 0.61, a current ratio of 0.57 and a debt-to-equity ratio of 1.04. The business has a 50-day moving average price of $129.85 and a 200-day moving average price of $125.74.

State Street (NYSE:STT – Get Free Report) last released its quarterly earnings data on Friday, April 17th. The asset manager reported $2.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.64 by $0.20. The business had revenue of $3.80 billion for the quarter, compared to analysts’ expectations of $3.59 billion. State Street had a return on equity of 14.22% and a net margin of 13.47%.State Street’s quarterly revenue was up 15.6% on a year-over-year basis. During the same period in the previous year, the business posted $2.04 earnings per share. Analysts anticipate that State Street Corporation will post 12.21 earnings per share for the current year.

State Street Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 13th. Stockholders of record on Wednesday, April 1st were given a dividend of $0.84 per share. The ex-dividend date was Wednesday, April 1st. This represents a $3.36 dividend on an annualized basis and a dividend yield of 2.2%. State Street’s payout ratio is currently 34.08%.

About State Street

(Get Free Report)

State Street Corporation is a global financial services company that provides a range of investment servicing, investment management and investment research and trading services to institutional investors. Its principal activities include custody and fund administration, securities lending, performance and risk analytics, trading and execution services, and foreign exchange. The company also offers investment management through State Street Global Advisors, a major provider of exchange-traded funds and institutional investment strategies.

State Street serves a broad client base of asset managers, insurance companies, pension funds, endowments, and other institutions across North America, Europe, Asia and other global markets.