State Street Corporation $STT Shares Sold by Metropolis Capital Ltd

Metropolis Capital Ltd reduced its holdings in State Street Corporation (NYSE:STT) by 9.5% during the 1st quarter, Holdings Channel reports. The fund owned 2,252,643 shares of the asset manager’s stock after selling 237,802 shares during the quarter. State Street makes up approximately 9.7% of Metropolis Capital Ltd’s portfolio, making the stock its 4th biggest position. Metropolis Capital Ltd’s holdings in State Street were worth $285,094,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of STT. Chicago Partners Investment Group LLC raised its holdings in shares of State Street by 1.6% in the fourth quarter. Chicago Partners Investment Group LLC now owns 5,351 shares of the asset manager’s stock valued at $675,000 after buying an additional 83 shares during the last quarter. Wedmont Private Capital lifted its position in shares of State Street by 1.3% during the fourth quarter. Wedmont Private Capital now owns 6,498 shares of the asset manager’s stock worth $861,000 after purchasing an additional 85 shares in the last quarter. Arjuna Capital grew its stake in shares of State Street by 0.4% during the fourth quarter. Arjuna Capital now owns 25,139 shares of the asset manager’s stock valued at $3,243,000 after purchasing an additional 95 shares during the last quarter. LVW Advisors LLC increased its holdings in shares of State Street by 1.7% in the fourth quarter. LVW Advisors LLC now owns 5,605 shares of the asset manager’s stock valued at $723,000 after purchasing an additional 96 shares in the last quarter. Finally, Security National Bank of SO Dak boosted its position in State Street by 0.5% in the 2nd quarter. Security National Bank of SO Dak now owns 21,528 shares of the asset manager’s stock valued at $2,289,000 after buying an additional 105 shares during the last quarter. 87.44% of the stock is owned by institutional investors and hedge funds.

State Street News Summary

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

• Positive Sentiment: State Street plans to increase its quarterly dividend by 10% after passing the 2026 stress test, reinforcing its capital strength and shareholder-return story. STT Announces Plan for 10% Dividend Hike Post 2026 Stress Test Results
• Positive Sentiment: Truist Financial raised its price target on State Street to $176 from $150, implying continued upside potential even while keeping a hold rating. State Street price target raised by Truist Financial Corporation
• Positive Sentiment: Wall Street expectations for State Street’s upcoming Q2 earnings point to another double-digit EPS increase, which could support sentiment if results confirm the trend. State Street Corporation’s Q2 2026 Earnings: What to Expect
• Neutral Sentiment: Barclays kept a hold rating on State Street, and another analyst update also suggests investors remain constructive but not aggressively bullish at current levels. Barclays Remains a Hold on State Street (STT)
• Neutral Sentiment: Commentary on State Street’s 65% annual stock gain and current valuation suggests investors are debating whether the rally has already priced in a lot of good news. State Street (STT) Stock After 65% Year Gain Are Recent Valuation Signals Justified

Insider Buying and Selling

In other State Street news, EVP Michael L. Richards sold 1,500 shares of the company’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $162.14, for a total transaction of $243,210.00. Following the sale, the executive vice president directly owned 41,827 shares of the company’s stock, valued at approximately $6,781,829.78. This represents a 3.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, COO Mostapha Tahiri sold 9,611 shares of the company’s stock in a transaction dated Wednesday, April 22nd. The shares were sold at an average price of $152.93, for a total transaction of $1,469,810.23. Following the completion of the sale, the chief operating officer directly owned 64,642 shares in the company, valued at approximately $9,885,701.06. The trade was a 12.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 37,876 shares of company stock worth $5,866,583. 0.27% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

STT has been the subject of a number of research reports. Seaport Research Partners reiterated a “buy” rating and issued a $170.00 price objective on shares of State Street in a research report on Monday, April 20th. Morgan Stanley raised their price objective on shares of State Street from $155.00 to $166.00 and gave the company an “overweight” rating in a research note on Monday, April 20th. Citigroup raised their price target on State Street from $172.00 to $193.00 and gave the stock a “buy” rating in a research report on Tuesday. Zacks Research downgraded State Street from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. Finally, Royal Bank Of Canada boosted their target price on State Street from $135.00 to $155.00 and gave the stock a “sector perform” rating in a research report on Monday, April 20th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $164.16.

State Street Trading Down 0.6%

NYSE:STT opened at $168.44 on Friday. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.57 and a quick ratio of 0.57. The business’s 50-day simple moving average is $157.67 and its 200-day simple moving average is $139.01. State Street Corporation has a fifty-two week low of $101.98 and a fifty-two week high of $175.46. The stock has a market capitalization of $46.62 billion, a PE ratio of 17.08, a price-to-earnings-growth ratio of 0.92 and a beta of 1.43.

State Street (NYSE:STT) last announced its quarterly earnings results on Friday, April 17th. The asset manager reported $2.84 earnings per share for the quarter, beating analysts’ consensus estimates of $2.64 by $0.20. The firm had revenue of $3.80 billion for the quarter, compared to analyst estimates of $3.59 billion. State Street had a net margin of 13.47% and a return on equity of 14.22%. The business’s revenue was up 15.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.04 earnings per share. Sell-side analysts expect that State Street Corporation will post 12.43 earnings per share for the current fiscal year.

State Street Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, July 13th. Shareholders of record on Wednesday, July 1st will be given a dividend of $0.84 per share. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a $3.36 annualized dividend and a dividend yield of 2.0%. State Street’s payout ratio is 34.08%.

State Street Profile

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.