New insider activity at State Street ( (STT) ) has taken place on February 22, 2025.
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EVP Joerg Ambrosius recently sold 2,880 shares of State Street stock, amounting to a total transaction value of $288,201.
Recent Updates on STT stock
State Street’s recent developments include a strong Q4 earnings report, showcasing significant revenue and earnings growth. The company reported a 13% year-over-year increase in EPS and record $2.3 trillion in assets under custody and administration wins. Operational improvements led to $500 million in productivity savings, and the firm returned $2.2 billion to shareholders in 2024. Despite facing pricing headwinds and rising operational costs, State Street’s outlook for 2025 remains positive, expecting fee revenue growth and controlled expense growth. Wolfe Research upgraded State Street due to improved fee operating leverage and attractive valuation, while Argus raised its price target, citing the firm’s strong Q4 performance and competitive assets under custody growth. These adjustments highlight confidence in State Street’s strategic direction and financial health.
More about State Street
YTD Price Performance: 2.31%
Average Trading Volume: 2,094,939
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $28.74B