
NYSE:STT
This summary was created by AI, based on 1 opinions in the last 12 months.
State Street Corp (STT-N) primarily focuses on custodial services and has established itself as a long-term compounder within the financial services sector. The growth in assets under management has been steady over time, although the overall growth rate has not been particularly impressive. The company also operates a significant SPDR ETF business, which is experiencing decent growth that aligns with market trends. However, experts express concerns about the stock's valuation, noting that it is influenced more by market valuations rather than actual market activity. Recent strategic moves include trimming positions in U.S. and Canadian banks, indicating a cautious approach amidst high valuations in the banking sector.
Financial services category, but in reality is a "custodian" of security transactions. Very stable business with lots of opportunity. Margins and profits continue to rise. Weakness after Silicon Valley collapse has created buying opportunity. Recent inclusion in US "Fed Test" indicated large amount of excess capital. Expecting large divided payout soon.
State Street Corp is a American stock, trading under the symbol STT (previously STT-N on Stockchase) on the New York Stock Exchange (STT). It is usually referred to as NYSE:STT or STT
In the last year, 1 stock analyst issued a Buy, Sell, or Hold rating on STT (previously STT-N on Stockchase). 0 analysts recommended to BUY and 1 analyst recommended to SELL the stock. The latest stock analyst rating is PARTIAL SELL. Read the latest stock experts' ratings for State Street Corp.
State Street Corp was recommended as a Top Pick by Martin Cobb, ASIP on 2026-07-16. Read the latest stock experts ratings for State Street Corp.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for State Street Corp.
State Street Corp is followed by 29 investors on Stockchase and is a trending stock that is worth watching.
On 2026-08-07, State Street Corp (STT) stock closed at a price of $184.68.
Mainly custodial services, long-term compounder. Makes $$ by growing assets under management, which have grown over time, but growth not great. SPDR ETF business, decent size and growing nicely. His issue is that its worth is based on market values, less on market activity, and market valuations are up there.
He's been trimming banks in US and Canada.