BMO Capital Cuts State Street (STT) Price Target to $185

BMO Capital maintained its Outperform rating on State Street Corporation ticker STT while adjusting its price target from $200.0 to $185.0 on October 19, 2026. According to the firm's research note, the analyst kept the positive stance on the financial services firm alongside several other Wall Street updates. State Street closed at $165.17 on the day of the rating change.

STT State Street Corporation

$165.73 ▲ +30.59% year to date

1M 3M YTD

Daily close · Oct 19, 2026

BMO Capital's Call on State Street Corporation

BMO Capital issued its rating update on October 19, 2026, keeping an Outperform view on the asset management firm. The firm lowered its price target to $185.0 from $200.0.

Other Institutional Activity in State Street Corporation

Large investors adjusted their positions ahead of the period. Regents of the University of California reduced its holdings by 146,946 shares, ending with 9,917,831 shares worth about $1,638,128,128.0. Harris Associates L.P. trimmed its stake by 1,382,683 shares, wrapping up the period with 4,765,306 shares valued at roughly $787,085,583.0.

State Street Corporation Stock Down 1.4%

Shares recently traded around $165.30 as of October 19, 2026, sitting below its 50-day moving average and about 15.6% under its 52-week high of $195.93.

Recent Earnings

State Street reported trailing twelve-month revenue of $15,495,000,064.0 and earnings of $12.24 per share. The company posted a net margin of 23.8% and a return on equity of 13.1%, showing solid profitability in its asset management operations. Revenue grew 13.3% year-over-year. The next earnings report is scheduled for January 15, 2027.

Dividend

State Street pays an annual dividend rate of $3.68 per share, which translates to a dividend yield of 2.2%. The payout ratio stands at 29.6% of earnings.

Insider Buying and Selling at State Street Corporation

Company insiders completed several transactions prior to the update. Chief Executive Officer Ronald P. O'Hanley sold 14,553 shares on July 21, 2026, at an average price of $184.17 for a total of $2,680,226.0. Officer Kathryn M Horgan sold 5,523 shares on the same day at $184.17, totaling $1,017,171.0. Officer W Bradford Hu sold 9,758 shares on July 24, 2026, at $184.52 for $1,800,546.0, and Officer Elizabeth Schaefer sold 500 shares on August 3, 2026, at $181.19 for $90,595.0.

Analysts Set New Price Targets

Several firms updated their views on the stock ahead of BMO Capital's note. On October 15, 2026, Truist Securities maintained a Hold rating and lowered its target to $171.0 from $190.0. RBC Capital kept a Sector Perform rating and moved its target to $175.0 from $196.0 on October 15, 2026. Evercore ISI Group maintained an Outperform rating with a $185.0 target on October 15, 2026. Citigroup maintained a Buy rating and adjusted its target to $190.0 on October 16, 2026. Overall, the stock carries a consensus buy rating with 15 analyst opinions and a mean price target of $194.77.

About State Street Corporation

State Street Corporation operates from Boston, Massachusetts, delivering financial services, investment management, and custody solutions to institutional clients around the globe. The company plays a core role in the financial infrastructure supporting large asset managers and pension funds.

Bottom Line

Investors will look toward the next earnings release on January 15, 2027, for further updates on financial performance. BMO Capital's decision to maintain its rating highlights steady confidence despite shifting price targets across Wall Street.