Fiduciary Alliance LLC Has $1.37 Million Position in State Street Corporation $STT

Fiduciary Alliance LLC boosted its holdings in State Street Corporation (NYSE:STT) by 81.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 10,817 shares of the asset manager’s stock after acquiring an additional 4,855 shares during the period. Fiduciary Alliance LLC’s holdings in State Street were worth $1,369,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in STT. JPL Wealth Management LLC bought a new stake in shares of State Street during the 3rd quarter worth about $29,000. Wilkerson Advisory Group LLC acquired a new stake in State Street during the fourth quarter worth approximately $29,000. Phillip James Consulting Co. bought a new stake in shares of State Street during the fourth quarter worth approximately $30,000. Measured Wealth Private Client Group LLC acquired a new position in shares of State Street in the third quarter valued at approximately $35,000. Finally, Reflection Asset Management bought a new position in shares of State Street during the fourth quarter worth approximately $35,000. Institutional investors and hedge funds own 87.44% of the company’s stock.

Trending Headlines about State Street

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

• Positive Sentiment: State Street announced plans to increase its quarterly dividend 10% after successfully passing the 2026 Fed stress test, a sign of financial strength and a more shareholder-friendly capital return strategy. State Street Corporation Announces Planned 10% Dividend Increase and 2026 Federal Reserve Supervisory Stress Test Results
• Positive Sentiment: Wells Fargo raised its price target on State Street and kept an overweight rating, suggesting additional upside potential if the bank/asset manager continues to execute.
• Positive Sentiment: Market expectations for State Street’s upcoming Q2 2026 results call for double-digit EPS growth, which could reinforce the recent bullish sentiment if delivered. State Street Corporation’s Q2 2026 Earnings: What to Expect
• Neutral Sentiment: State Street was also mentioned in portfolio-holding updates involving non-U.S. companies; these appear routine and are unlikely to materially affect STT’s stock.
• Neutral Sentiment: Separately, Zacks Research downgraded STT to hold, which may temper some of the bullish reaction but is outweighed by the dividend and stress-test news.

Insider Activity

In other news, CEO Hanley Ronald P. O sold 14,553 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $155.35, for a total transaction of $2,260,808.55. Following the completion of the sale, the chief executive officer owned 255,512 shares of the company’s stock, valued at $39,693,789.20. This trade represents a 5.39% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Michael L. Richards sold 3,000 shares of State Street stock in a transaction on Wednesday, April 22nd. The shares were sold at an average price of $153.89, for a total transaction of $461,670.00. Following the completion of the sale, the executive vice president owned 43,522 shares of the company’s stock, valued at $6,697,600.58. This represents a 6.45% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 37,876 shares of company stock valued at $5,866,583 in the last three months. Company insiders own 0.27% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Keefe, Bruyette & Woods lifted their price target on State Street from $157.00 to $175.00 and gave the stock an “outperform” rating in a report on Monday, April 20th. Weiss Ratings upgraded State Street from a “buy (b)” rating to a “buy (b+)” rating in a research report on Thursday, May 28th. Morgan Stanley lifted their target price on State Street from $155.00 to $166.00 and gave the stock an “overweight” rating in a report on Monday, April 20th. Truist Financial boosted their target price on shares of State Street from $136.00 to $150.00 and gave the company a “hold” rating in a research report on Monday, April 20th. Finally, Barclays set a $165.00 price target on shares of State Street in a research note on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, State Street presently has a consensus rating of “Moderate Buy” and an average price target of $161.63.

State Street Trading Up 0.1%

STT opened at $169.09 on Friday. State Street Corporation has a twelve month low of $101.98 and a twelve month high of $175.46. The company has a 50-day simple moving average of $157.16 and a 200 day simple moving average of $138.80. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 1.04. The stock has a market capitalization of $46.80 billion, a price-to-earnings ratio of 17.15, a P/E/G ratio of 0.92 and a beta of 1.43.

State Street (NYSE:STT) last released its earnings results on Friday, April 17th. The asset manager reported $2.84 EPS for the quarter, beating the consensus estimate 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 quarterly revenue was up 15.6% compared to the same quarter last year. During the same period last year, the firm earned $2.04 EPS. Analysts predict that State Street Corporation will post 12.35 EPS for the current fiscal year.

State Street Announces Dividend

The company also recently disclosed 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. This represents a $3.36 annualized dividend and a yield of 2.0%. The ex-dividend date is Wednesday, July 1st. State Street’s payout ratio is currently 34.08%.

About State Street

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.