Rep. Jonathan L. Jackson Purchases Shares of State Street Corporation (NYSE:STT)

Representative Jonathan L. Jackson (D-Illinois) recently bought shares of State Street Corporation (NYSE:STT). In a filing disclosed on December 05th, the Representative disclosed that they had bought between $1,001 and $15,000 in State Street stock on November 11th. The trade occurred in the Representative’s “MORGAN STANLEY – ROLLOVER IRA” account.

Representative Jonathan L. Jackson also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 11/11/2025.
• Sold $1,001 – $15,000 in shares of T-Mobile US (NASDAQ:TMUS) on 11/11/2025.
• Sold $15,001 – $50,000 in shares of Doximity (NASDAQ:DOCS) on 11/6/2025.
• Purchased $15,001 – $50,000 in shares of Robinhood Markets (NASDAQ:HOOD) on 11/6/2025.
• Purchased $1,001 – $15,000 in shares of Shopify (NASDAQ:SHOP) on 10/8/2025.
• Sold $1,001 – $15,000 in shares of McKesson (NYSE:MCK) on 10/8/2025.
• Purchased $15,001 – $50,000 in shares of Robinhood Markets (NASDAQ:HOOD) on 10/8/2025.
• Purchased $15,001 – $50,000 in shares of Shopify (NASDAQ:SHOP) on 10/6/2025.

State Street Stock Performance

NYSE STT traded up $2.01 on Tuesday, reaching $126.08. 2,015,990 shares of the stock were exchanged, compared to its average volume of 1,999,987. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 1.03. State Street Corporation has a one year low of $72.81 and a one year high of $127.07. The firm has a market capitalization of $35.22 billion, a PE ratio of 13.34, a PEG ratio of 1.14 and a beta of 1.44. The company’s 50-day simple moving average is $116.58 and its two-hundred day simple moving average is $110.93.

State Street (NYSE:STT) last announced its quarterly earnings data on Friday, October 17th. The asset manager reported $2.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.57 by $0.21. State Street had a net margin of 13.14% and a return on equity of 13.37%. The firm had revenue of $3.55 billion during the quarter, compared to analysts’ expectations of $3.43 billion. During the same period in the prior year, the company posted $2.26 earnings per share. The company’s revenue for the quarter was up 8.8% compared to the same quarter last year. Analysts expect that State Street Corporation will post 9.68 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on STT shares. BMO Capital Markets started coverage on State Street in a research note on Friday, October 3rd. They issued an “outperform” rating and a $130.00 price objective for the company. Weiss Ratings restated a “buy (b)” rating on shares of State Street in a research note on Wednesday, October 8th. Wells Fargo & Company raised their price objective on State Street from $121.00 to $129.00 and gave the company an “overweight” rating in a research report on Monday, October 20th. Morgan Stanley boosted their target price on State Street from $162.00 to $165.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Finally, Keefe, Bruyette & Woods upped their price objective on State Street from $132.00 to $135.00 and gave the stock an “outperform” rating in a report on Monday, October 20th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, State Street presently has a consensus rating of “Moderate Buy” and an average target price of $125.92.

Institutional Trading of State Street

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Saranac Partners Ltd purchased a new position in State Street during the third quarter worth $146,000. IFP Advisors Inc raised its position in State Street by 130.0% in the 3rd quarter. IFP Advisors Inc now owns 605 shares of the asset manager’s stock worth $70,000 after purchasing an additional 342 shares during the period. CIBC Private Wealth Group LLC boosted its position in shares of State Street by 5.7% during the third quarter. CIBC Private Wealth Group LLC now owns 11,418 shares of the asset manager’s stock valued at $1,325,000 after buying an additional 618 shares during the period. CIBC Bancorp USA Inc. bought a new position in shares of State Street during the third quarter valued at approximately $4,547,000. Finally, Achmea Investment Management B.V. raised its holdings in shares of State Street by 3.3% in the third quarter. Achmea Investment Management B.V. now owns 254,446 shares of the asset manager’s stock worth $29,518,000 after buying an additional 8,085 shares during the period. Hedge funds and other institutional investors own 87.44% of the company’s stock.

Insider Activity

In related news, EVP Michael L. Richards sold 1,500 shares of the business’s stock in a transaction on Monday, October 27th. The stock was sold at an average price of $117.24, for a total transaction of $175,860.00. Following the completion of the transaction, the executive vice president owned 38,626 shares in the company, valued at $4,528,512.24. The trade was a 3.74% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.29% of the company’s stock.

About Representative Jackson

Jonathan Jackson (Democratic Party) is a member of the U.S. House, representing Illinois’ 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Jackson (Democratic Party) is running for re-election to the U.S. House to represent Illinois’ 1st Congressional District. He declared candidacy for the 2026 election.

Jonathan Jackson was born in Chicago, Illinois. Jackson graduated from Whitney Young High School. He earned an M.B.A. from Northwestern University. Jackson’s career experience includes working as an investment analyst and an entrepreneur.

State Street Company Profile

State Street Corporation, through its subsidiaries, provides a range of financial products and services to institutional investors worldwide. The company offers investment servicing products and services, including custody, accounting, regulatory reporting, investor, and performance and analytics; middle office products, such as IBOR, transaction management, loans, cash, derivatives and collateral, record keeping, and client reporting and investment analytics; finance leasing; foreign exchange, and brokerage and other trading services; securities finance and enhanced custody products; deposit and short-term investment facilities; investment manager and alternative investment manager operations outsourcing; performance, risk, and compliance analytics; and financial data management to support institutional investors.