PCM Encore LLC Purchases New Holdings in Bank of New York Mellon Corporation $BNY

Posted by George Bondi on Aug 21st, 2026

PCM Encore LLC bought a new stake in shares of Bank of New York Mellon Corporation (NYSE:BNY – Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 3,797 shares of the bank’s stock, valued at approximately $549,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in BNY. Trillium Asset Management LLC acquired a new stake in Bank of New York Mellon in the second quarter valued at $13,637,000. E Fund Management Co. Ltd. bought a new position in Bank of New York Mellon during the 2nd quarter valued at $374,000. Asahi Life Asset Management CO. LTD. acquired a new position in Bank of New York Mellon during the 2nd quarter worth $499,000. NWK Group Inc. acquired a new position in Bank of New York Mellon during the 2nd quarter worth $9,975,000. Finally, Live Oak Investment Partners bought a new stake in shares of Bank of New York Mellon in the 2nd quarter worth about $2,481,000. Institutional investors own 85.31% of the company’s stock.

Insider Activity

In other news, CFO Dermot Mcdonogh sold 31,800 shares of Bank of New York Mellon stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $155.26, for a total transaction of $4,937,268.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.17% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on BNY shares. Erste Group Bank initiated coverage on shares of Bank of New York Mellon in a research note on Wednesday, July 15th. They issued a “buy” rating on the stock. Argus boosted their price objective on Bank of New York Mellon from $153.00 to $180.00 and gave the company a “buy” rating in a report on Wednesday, July 22nd. JPMorgan Chase & Co. upped their price objective on Bank of New York Mellon from $149.00 to $159.00 and gave the company an “overweight” rating in a research note on Tuesday, August 4th. Royal Bank Of Canada increased their target price on Bank of New York Mellon from $142.00 to $168.00 and gave the stock a “sector perform” rating in a report on Thursday, July 16th. Finally, Keefe, Bruyette & Woods lifted their target price on Bank of New York Mellon from $166.00 to $177.00 and gave the stock an “outperform” rating in a research report on Thursday, July 16th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $157.13.

Get Our Latest Report on BNY

Bank of New York Mellon Trading Down 1.3%

Bank of New York Mellon stock opened at $157.61 on Friday. Bank of New York Mellon Corporation has a 12-month low of $100.44 and a 12-month high of $165.68. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.72 and a quick ratio of 0.72. The stock has a market capitalization of $106.94 billion, a PE ratio of 18.35, a price-to-earnings-growth ratio of 1.13 and a beta of 1.06. The firm has a 50 day simple moving average of $153.55 and a 200-day simple moving average of $136.46.

Bank of New York Mellon (NYSE:BNY – Get Free Report) last announced its earnings results on Wednesday, July 15th. The bank reported $2.46 EPS for the quarter, topping the consensus estimate of $2.16 by $0.30. The firm had revenue of $5.70 billion for the quarter, compared to analysts’ expectations of $5.35 billion. Bank of New York Mellon had a return on equity of 16.00% and a net margin of 15.52%.The firm’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.93 earnings per share. As a group, equities research analysts expect that Bank of New York Mellon Corporation will post 9.26 EPS for the current fiscal year.

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.