Rep. Julia Letlow Sells Off Shares of State Street Corporation (NYSE:STT)

Posted by Mitch Edgeman on Jan 16th, 2026

Representative Julia Letlow (R-Louisiana) recently sold shares of State Street Corporation (NYSE:STT). In a filing disclosed on January 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in State Street stock on November 21st. The trade occurred in the Representative’s “MERRILL LYNCH INVESTMENT ACCOUNT #025” account.

Representative Julia Letlow also recently made the following trade(s):

Sold $1,001 – $15,000 in shares of Salesforce (NYSE:CRM) on 12/16/2025.
Sold $1,001 – $15,000 in shares of Pinterest (NYSE:PINS) on 12/16/2025.
Purchased $1,001 – $15,000 in shares of United Rentals (NYSE:URI) on 12/16/2025.
Sold $1,001 – $15,000 in shares of Abbott Laboratories (NYSE:ABT) on 12/8/2025.
Sold $1,001 – $15,000 in shares of Mettler-Toledo International (NYSE:MTD) on 12/8/2025.
Purchased $1,001 – $15,000 in shares of Icon Energy (NASDAQ:ICON) on 12/8/2025.
Purchased $1,001 – $15,000 in shares of Devon Energy (NYSE:DVN) on 12/8/2025.
Purchased $1,001 – $15,000 in shares of AstraZeneca (NASDAQ:AZN) on 12/8/2025.
Purchased $1,001 – $15,000 in shares of Waters (NYSE:WAT) on 12/8/2025.
Sold $1,001 – $15,000 in shares of AbbVie (NYSE:ABBV) on 12/8/2025.

State Street Trading Up 1.0%

Shares of NYSE STT traded up $1.39 during trading on Thursday, reaching $136.11. The company had a trading volume of 2,233,477 shares, compared to its average volume of 1,953,782. State Street Corporation has a 12 month low of $72.81 and a 12 month high of $137.05. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 1.03. The stock has a market cap of $38.02 billion, a P/E ratio of 14.40, a PEG ratio of 0.90 and a beta of 1.43. The company’s fifty day moving average price is $125.07 and its 200-day moving average price is $116.98.

State Street (NYSE:STT – Get Free Report) last announced its earnings results on Friday, October 17th. The asset manager reported $2.78 EPS for the quarter, beating the consensus estimate of $2.57 by $0.21. State Street had a return on equity of 13.37% and a net margin of 13.14%.The business had revenue of $3.55 billion for the quarter, compared to analysts’ expectations of $3.43 billion. During the same period in the prior year, the business posted $2.26 earnings per share. The firm’s revenue was up 8.8% on a year-over-year basis. As a group, research analysts expect that State Street Corporation will post 9.68 earnings per share for the current year.

State Street Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, January 12th. Shareholders of record on Friday, January 2nd were given a $0.84 dividend. This represents a $3.36 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date was Friday, January 2nd. State Street’s payout ratio is 35.56%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Keefe, Bruyette & Woods increased their price objective on shares of State Street from $132.00 to $135.00 and gave the stock an “outperform” rating in a research report on Monday, October 20th. Cowen reiterated a “buy” rating on shares of State Street in a report on Wednesday, January 7th. Evercore ISI boosted their price objective on State Street from $117.00 to $128.00 and gave the company an “outperform” rating in a research note on Tuesday, September 30th. Morgan Stanley restated an “overweight” rating and set a $168.00 target price on shares of State Street in a research report on Tuesday, December 16th. Finally, Zacks Research downgraded State Street from a “strong-buy” rating to a “hold” rating in a report on Monday, December 1st. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, State Street currently has an average rating of “Moderate Buy” and a consensus price target of $133.77.

View Our Latest Stock Analysis on State Street

More State Street News

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

Positive Sentiment: State Street launched a new Digital Asset Platform to power tokenized finance — a scalable custody/issuance infrastructure that positions STT as a bridge between traditional and blockchain-native markets; this is likely viewed positively as it opens fee and asset-gathering opportunities. State Street Launches Digital Asset Platform
Positive Sentiment: Multiple reports confirm State Street will roll out tokenized products and an infrastructure platform for tokenized assets — reinforcing the company’s strategic move beyond pilots into commercial offerings for institutional clients. State Street Deploys Infrastructure Platform for Tokenized Assets
Positive Sentiment: State Street backs Groww AMC with a strategic minority investment (subject to regulatory approval), expanding its footprint in India — a growth market that could boost AUM and product distribution over time. State Street Backs Groww AMC
Neutral Sentiment: Analysts and previews point to higher Q4 earnings expectations ahead of STT’s upcoming report, which is likely driving pre-earnings optimism; results will be the immediate catalyst. State Street Q4 Earnings Report Preview
Neutral Sentiment: Income-focused product attention: coverage highlighting State Street’s JNK ETF (monthly income and long distribution history) may modestly support investor interest in the firm’s ETF franchises. State Street’s JNK ETF Pays 6.5% Monthly Income
Positive Sentiment: Some analysts have raised price targets and revised forecasts ahead of earnings, which supports the bullish tone into the report. Price Target Increased
Negative Sentiment: Truist Financial downgraded STT to a Hold, which introduces near-term headwinds if other sell-side firms follow suit. Downgrade to Hold at Truist

Institutional Investors Weigh In On State Street

Hedge funds and other institutional investors have recently modified their holdings of the company. BTC Capital Management Inc. increased its stake in State Street by 11.3% during the 4th quarter. BTC Capital Management Inc. now owns 28,916 shares of the asset manager’s stock valued at $3,728,000 after purchasing an additional 2,945 shares in the last quarter. Allspring Global Investments Holdings LLC increased its position in shares of State Street by 2.6% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 12,285 shares of the asset manager’s stock worth $1,586,000 after acquiring an additional 312 shares in the last quarter. Brookstone Capital Management raised its holdings in shares of State Street by 3.6% in the 4th quarter. Brookstone Capital Management now owns 8,521 shares of the asset manager’s stock worth $1,099,000 after acquiring an additional 294 shares during the last quarter. Harrell Investment Partners LLC acquired a new stake in shares of State Street in the 4th quarter worth about $201,000. Finally, J. Safra Sarasin Holding AG lifted its position in State Street by 22.1% in the 4th quarter. J. Safra Sarasin Holding AG now owns 14,028 shares of the asset manager’s stock valued at $1,810,000 after acquiring an additional 2,542 shares in the last quarter. Institutional investors own 87.44% of the company’s stock.

Insider Buying and Selling

In other news, EVP Michael L. Richards sold 1,500 shares of the stock in a transaction that occurred on Monday, October 27th. The stock was sold at an average price of $117.24, for a total value of $175,860.00. Following the completion of the sale, the executive vice president directly owned 38,626 shares of the company’s stock, valued at $4,528,512.24. This represents a 3.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.29% of the company’s stock.

About Representative Letlow

Julia Letlow (Republican Party) is a member of the U.S. House, representing Louisiana’s 5th Congressional District. She assumed office on April 14, 2021. Her current term ends on January 3, 2027.

Letlow (Republican Party) is running for re-election to the U.S. House to represent Louisiana’s 5th Congressional District. She declared candidacy for the primary scheduled on November 3, 2026.

Julia Letlow earned a doctorate. Letlow’s career experience includes working as a senior administrator with the University of Louisiana at Monroe.

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.