<div id="readability-page-1"><p>Madison Asset Management LLC acquired a new position in  State Street Corporation (NYSE:STT - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 10,684 shares of the asset manager's stock, valued at approximately $1,378,000.</p><ul><li>Why State Street's Options Volume Just Sent a Bullish Signal</li></ul><p>A number of other hedge funds have also recently added to or reduced their stakes in STT. Brighton Jones LLC acquired a new position in  State Street in the fourth quarter worth $296,000.  MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in  State Street by 2.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 32,223 shares of the asset manager's stock worth $2,885,000 after purchasing an additional 918 shares during the period.  NewEdge Advisors LLC boosted its holdings in shares of  State Street by 105.2% during the first quarter. NewEdge Advisors LLC now owns 10,193 shares of the asset manager's stock valued at $913,000 after acquiring an additional 5,226 shares during the period.  Empowered Funds LLC boosted its holdings in shares of  State Street by 220.1% during the first quarter. Empowered Funds LLC now owns 23,263 shares of the asset manager's stock valued at $2,065,000 after acquiring an additional 15,996 shares during the period.  Finally, Woodline Partners LP boosted its holdings in shares of  State Street by 38.4% during the first quarter. Woodline Partners LP now owns 24,372 shares of the asset manager's stock valued at $2,182,000 after acquiring an additional 6,767 shares during the period. Institutional investors and hedge funds own  87.44% of the company's stock. </p><h2>State Street Stock Performance</h2><p>STT stock opened at $153.60 on Friday. The company has a market capitalization of $42.51 billion, a P/E ratio of 15.58, a PEG ratio of 0.83 and a beta of 1.45. The company has a 50-day simple moving average of $136.25 and a 200 day simple moving average of $129.39. State Street Corporation has a fifty-two week low of $94.19 and a fifty-two week high of $156.18. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 1.04. </p><ul><li>Iron Mountain Down 23% From Its 1-Year High—Is It Undervalued?</li></ul><p>State Street (NYSE:STT - Get Free Report) last posted its quarterly earnings data on Friday, April 17th. The asset manager reported $2.84 earnings per share for the quarter, topping the consensus estimate of $2.64 by $0.20. The business had revenue of $3.80 billion during the quarter, compared to the consensus estimate of $3.59 billion. State Street had a net margin of 13.47% and a return on equity of 14.22%. The company's quarterly revenue was up 15.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.04 earnings per share.  Sell-side analysts predict that  State Street Corporation will post 12.35 earnings per share for the current fiscal year. </p><h2>State Street Dividend Announcement</h2><p>The business also recently disclosed a quarterly dividend, which was paid on Monday, April 13th. Investors of record on Wednesday, April 1st were issued a $0.84 dividend. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a $3.36 annualized dividend and a yield of 2.2%. State Street's dividend payout ratio  is presently 34.08%. </p><h2>Insider Buying and Selling</h2><ul><li>The Behemoth BlackRock’s Next Trillion Comes From Private Assets</li></ul><p>In related news, 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 value of $1,469,810.23. Following the completion of the sale, the chief operating officer owned 64,642 shares of the company's stock, valued at $9,885,701.06. This represents a 12.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP John Plansky sold 16,100 shares of the business's stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $124.32, for a total transaction of $2,001,552.00. Following the completion of the sale, the executive vice president owned 56,162 shares in the company, valued at approximately $6,982,059.84. This trade represents a 22.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 28,711 shares of company stock valued at $3,933,032 over the last 90 days. 0.27% of the stock is currently owned by company insiders. </p><h2>Analyst Ratings Changes</h2><p>Several equities analysts have recently issued reports on STT shares. Morgan Stanley boosted their price target on shares of State Street from $155.00 to $166.00 and gave the company an &#34;overweight&#34; rating in a report on Monday, April 20th. Barclays  set a $165.00 price target on shares of State Street in a report on Monday, April 20th. Citigroup boosted their price target on shares of State Street from $150.00 to $172.00 and gave the company a &#34;buy&#34; rating in a report on Friday, May 8th. Evercore  set a $158.00 price target on shares of State Street and gave the company an &#34;outperform&#34; rating in a report on Monday, April 20th. Finally, Argus boosted their price target on shares of State Street from $140.00 to $168.00 and gave the company a &#34;buy&#34; rating in a report on Tuesday, April 21st. Three equities research analysts have rated the stock with a Strong Buy rating, eight have assigned  a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $155.77.</p><p><b>View Our Latest Stock Report on State Street</b></p><h2>State Street Company Profile</h2> (Free Report)<p>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.  </p><p>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.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than State Street</li><li>YETI Rallies After Earnings Beat and Raised Outlook</li><li>How the 3 Leading Quantum Firms Stack Up After Q1 Earnings</li><li>Cisco’s Vertical Rally May Still Be in the Early Innings</li><li>Amazon vs. Alibaba: One Is Clearly The Better Value Play right Now</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVNUVA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVNUVA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in State Street Right Now?</h2><p>Before you consider State Street, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and State Street wasn't on the list.</p><p>While State Street currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Madison Asset Management LLC has acquired a new position in State Street Corporation (NYSE:STT) worth approximately $1.38 million, purchasing 10,684 shares. Other hedge funds have also adjusted their stakes in STT. State Street reported strong quarterly earnings, exceeding estimates, and announced a quarterly dividend of $0.84. The stock opened at $153.60, with a market cap of $42.51 billion.</p>

Market Beat

State Street

Iron Mountain

BlackRock

Morgan Stanley

State Street® US Equity Premium Inc ETF

BlackRock Tech and Private Equity Term Trust

BLACKROCK MULTI-SECTOR INCOME TR COM USD0.001(S/R 09/09/2025) WI

Blackrock Enhanced Div Achievers Trust

BlackRock Science and Tech Term Trust

BlackRock Multi-Sector Income Trust

MORGAN STANLEY DEP SHS EA REP 1/1000 SHS NON CUM PFD O

MORGAN STANLEY DEP SHS REPSTG 1/1000TH PFD SER Q

MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

MORGAN STANLEY NON-CUM DEP SH REP 1/1000 PFD SER I

MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPR 1/1000TH INT PFD SER 'F' FX

MORGAN STANLEY DEP SHS REP 1/1000 NON-CUM PFD STK SER K

Madison Asset Management LLC Makes New $1.38 Million Investment in State Street Corporation $STT