State Street stock edges higher as profit and dividend growth stand out
Published on 08/29/2026 at 11:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
State Street Corporation (US8574771031) traded at $193.26 on August 27, 2026, with a market cap of $53.09 billion and volume of 965,077 shares. The latest July quarter brought $4.05 billion in revenue and $3.65 in EPS, while the dividend was lifted to $0.92 a share.
July quarter beat
The July 16, 2026 earnings update showed revenue of $4.05 billion, up 16.7% year over year, and the figure topped expectations by 3.8%. EPS came in at $3.65 versus $3.34 consensus, a gap of $0.31.
That combination matters because the stock has already climbed 49.29% year to date and 67.22% over the past 12 months. The move leaves State Street well above its 52-week low of $104.64 and only a few dollars below the 52-week high of $195.93.
Dividend and valuation
A recent filing note said the quarterly dividend was raised from $0.84 to $0.92 a share, equal to an annualized $3.68 and a 1.9% yield. The same update put the stock at a 17.04 price-to-earnings ratio and a consensus price target of $185.38.
Analyst coverage in that update showed 2 Strong Buy ratings, 9 Buy ratings, and 5 Hold ratings. That mix leaves the name with a Moderate Buy consensus while the shares trade above the average target cited there.
What drives the business
State Street's core model still centers on custody, fund administration, securities lending, and trading services for institutional clients. The company's asset-management arm also uses State Street Global Advisors to serve exchange-traded fund and institutional strategy demand.
For investors, the numbers show a firm that is still getting credit for execution rather than just balance-sheet scale. Revenue growth, an EPS beat, and a higher dividend are the three figures that matter most in this update.
Stock level
The latest quote places State Street near the top of its 2026 range, with August 27, 2026 closing at $193.26. The stock also traded at $192.70 at 1:51 p.m. Eastern on the same session snapshot, showing how tightly it has been holding the upper end of the range.
Fact box
Company: State Street Corporation
ISIN: US8574771031
Ticker: STT
Exchange: NYSE
Price (as of August 27, 2026, 1:51 p.m. ET): $192.70 USD
Market cap: $53.09 billion (as of August 27, 2026)
Sector / Industry: Financials / Asset Management & Custody Banks
Index membership: S&P 500
More on State Street stock
State Street Global Advisors remains the product engine behind the firm's ETF franchise, including the SPDR family that reaches institutional and retail portfolios through index-tracking products and sector funds.
State Street stock was last quoted at $192.70 on August 27, 2026, and the recent close of $193.26 leaves the shares within striking distance of the 52-week high of $195.93.
