Bank of New York Mellon Corporation $BNY Shares Sold by Sit Investment Associates Inc.

Posted by Stanley Muller on Jun 20th, 2026

Sit Investment Associates Inc. lessened its stake in shares of Bank of New York Mellon Corporation (NYSE:BNY – Free Report) by 13.3% in the fourth quarter, HoldingsChannel reports. The firm owned 37,815 shares of the bank’s stock after selling 5,815 shares during the quarter. Sit Investment Associates Inc.’s holdings in Bank of New York Mellon were worth $4,390,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Abound Financial LLC acquired a new position in shares of Bank of New York Mellon during the 4th quarter valued at about $25,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Bank of New York Mellon in the 4th quarter valued at $27,000. MCF Advisors LLC lifted its stake in shares of Bank of New York Mellon by 74.8% during the fourth quarter. MCF Advisors LLC now owns 236 shares of the bank’s stock worth $27,000 after purchasing an additional 101 shares in the last quarter. Marquette Asset Management LLC lifted its position in Bank of New York Mellon by 174.7% during the 4th quarter. Marquette Asset Management LLC now owns 261 shares of the bank’s stock worth $30,000 after acquiring an additional 166 shares in the last quarter. Finally, Heritage Wealth Advisors purchased a new position in shares of Bank of New York Mellon in the fourth quarter valued at $31,000. 85.31% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Bank of New York Mellon

In related news, EVP J Kevin Mccarthy sold 30,000 shares of the firm’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $136.50, for a total transaction of $4,095,000.00. Following the completion of the transaction, the executive vice president owned 50,238 shares in the company, valued at $6,857,487. This trade represents a 37.39% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Alejandro Perez sold 12,504 shares of Bank of New York Mellon stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $137.01, for a total transaction of $1,713,173.04. Following the transaction, the executive vice president directly owned 62,613 shares of the company’s stock, valued at $8,578,607.13. This represents a 16.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 48,091 shares of company stock worth $6,568,423. 0.17% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

BNY has been the subject of a number of analyst reports. Morgan Stanley increased their price target on Bank of New York Mellon from $135.00 to $139.00 and gave the company an “equal weight” rating in a report on Friday, April 17th. Royal Bank Of Canada lifted their price target on shares of Bank of New York Mellon from $130.00 to $142.00 and gave the company a “sector perform” rating in a report on Friday, April 17th. Wall Street Zen upgraded Bank of New York Mellon to a “hold” rating in a research note on Saturday, May 23rd. Barclays upped their target price on shares of Bank of New York Mellon from $143.00 to $149.00 and gave the stock an “overweight” rating in a research report on Friday, April 17th. Finally, Citigroup began coverage on Bank of New York Mellon in a report on Monday, February 23rd. They set a “neutral” rating on the stock. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, Bank of New York Mellon currently has an average rating of “Moderate Buy” and an average price target of $138.08.

View Our Latest Research Report on Bank of New York Mellon

Bank of New York Mellon Stock Up 0.0%

BNY stock opened at $143.64 on Friday. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.82. Bank of New York Mellon Corporation has a 12-month low of $87.41 and a 12-month high of $148.13. The company has a 50 day moving average of $137.17 and a two-hundred day moving average of $124.97. The company has a market cap of $98.59 billion, a price-to-earnings ratio of 17.80, a PEG ratio of 1.05 and a beta of 1.07.

Bank of New York Mellon (NYSE:BNY – Get Free Report) last released its quarterly earnings data on Thursday, April 16th. The bank reported $2.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.94 by $0.31. Bank of New York Mellon had a net margin of 14.60% and a return on equity of 15.29%. The business had revenue of $5.41 billion during the quarter, compared to analyst estimates of $5.14 billion. During the same quarter in the previous year, the business earned $1.58 EPS. Bank of New York Mellon’s quarterly revenue was up 12.9% compared to the same quarter last year. On average, equities analysts anticipate that Bank of New York Mellon Corporation will post 8.78 earnings per share for the current fiscal year.

Bank of New York Mellon Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 8th. Stockholders of record on Monday, April 27th were paid a $0.53 dividend. The ex-dividend date was Monday, April 27th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 1.5%. Bank of New York Mellon’s dividend payout ratio is currently 26.27%.

About Bank of New York Mellon

(Free Report)

BNY, formerly known as BNY Mellon, is a global financial services company headquartered in New York City. Formed in 2007 through the merger of the Bank of New York and Mellon Financial Corporation, BNY traces its roots back to 1784, making it one of the oldest banking institutions in the United States. It was also the first company listed on the New York Stock Exchange.

BNY operates at the center of the world’s capital markets, partnering with clients to help them operate more efficiently and accelerate growth.