Harris Associates L P Reduces $27M in State Street Corporation ($STT)

Key Points

  • Harris Associates L P changed its State Street Corporation ($STT) stake by 2.5% last quarter, cutting to 6,147,935 shares worth $1.03 billion.
  • $STT last traded around $167.63.

Harris Associates L P trimmed its position in State Street Corporation ($STT) by 2.5% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,147,935 shares of State Street Corporation after selling 158,309 shares during the quarter. Harris Associates L P's holdings in State Street Corporation were worth $1.03 billion as of its most recent filing.

State Street Corporation ($STT) Stock

Last price$167.63
Market cap$46.39B
P/E ratio17.00
Forward P/E12.13
PEG ratio1.13
Beta1.45
52-week low$96.16
52-week high$168.29
50-day MA$151.21
200-day MA$129.38

State Street Corporation Earnings

EPS (ttm)$9.86
Revenue (ttm)$14.39B
Revenue growth-2.8%
Net margin21.3%
Return on equity11.3%
Next earningsJul 16, 2026

State Street Corporation Dividend

Annual dividend$3.36
Dividend yield200.00%
Payout ratio33.3%
Ex-dividend dateJul 1, 2026

Analysts Set New Price Targets

Average target$161.18
High target$175.00
Low target$120.00
Analysts covering14

About State Street Corporation

State Street Corporation provides various financial products and services to institutional investors. It offers custody, accounting, and fund administration services for traditional and alternative assets, as well as multi-asset class investments; recordkeeping, client reporting, and investment book of record, transaction management, loans, cash, derivatives, and collateral services; investor services operations outsourcing; performance, risk, and compliance analytics; financial data management to support institutional investors; foreign exchange, brokerage, and other trading services; securities finance, such as prime services products; and deposit and short-term investment facilities. The company also provides the State Street Alpha platform that combines portfolio management, trading and execution, analytics and compliance tools, and advanced data aggregation and integration with other industry platforms and providers; front-office technology that automates and simplifies the institutional investment process comprising portfolio management and risk analytics, trading, and post-trade settlement with integrated compliance and managed data; investment management solutions; and portfolio management, trading compliance, and manager/sponsor communication. In addition, it offers investment management solutions, such as strategies across equity, fixed income, cash, multi-asset, and alternatives; and ETFs, custom indexed, managed funds, and mandates. The company provides its products and services to mutual funds, collective investment funds and other investment pools, corporate and public retirement plans, insurance companies, wealth managers, investment managers, foundations, and endowments. The company was founded in 1792 and is headquartered in Boston, Massachusetts.

ExchangeNYSE
SectorFinancial Services
IndustryAsset Management
HeadquartersBoston, MA
CEOMr. Ronald Philip O'Hanley
Employees51,503

See Also

This instant news alert was generated by automated narrative technology and financial data from Trueearnings and public regulatory filings. It is for informational purposes only and is not financial advice.