3,255 Shares in Bank of New York Mellon Corporation $BNY Acquired by JNBA Financial Advisors

Posted by Brian Himes on Sep 1st, 2026

JNBA Financial Advisors bought a new position in Bank of New York Mellon Corporation (NYSE:BNY – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 3,255 shares of the bank’s stock, valued at approximately $471,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. EFG International AG purchased a new stake in shares of Bank of New York Mellon in the 2nd quarter valued at $29,000. Burnham & Co LLC purchased a new position in Bank of New York Mellon in the 2nd quarter worth $29,000. Abound Financial LLC purchased a new position in Bank of New York Mellon in the 4th quarter worth $25,000. N.E.W. Advisory Services LLC bought a new stake in Bank of New York Mellon in the second quarter worth $32,000. Finally, MCF Advisors LLC lifted its stake in Bank of New York Mellon by 74.8% in the fourth quarter. MCF Advisors LLC now owns 236 shares of the bank’s stock worth $27,000 after purchasing an additional 101 shares during the last quarter. 85.31% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. Bank of America raised their price objective on Bank of New York Mellon from $165.00 to $175.00 and gave the company a “buy” rating in a research note on Monday, July 20th. Argus increased their target price 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. Wall Street Zen upgraded Bank of New York Mellon to a “hold” rating in a research report on Saturday, May 23rd. Barclays lifted their price target on Bank of New York Mellon from $149.00 to $178.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Finally, Citigroup boosted their price objective on Bank of New York Mellon from $167.00 to $172.00 and gave the company a “neutral” rating in a research report on Monday, July 20th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, Bank of New York Mellon currently has a consensus rating of “Moderate Buy” and an average price target of $157.13.

Check Out Our Latest Research Report on BNY

Insider Activity at Bank of New York Mellon

In other news, CFO Dermot Mcdonogh sold 31,800 shares of the business’s stock in a transaction that occurred 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 transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Jose Minaya sold 3,520 shares of the company’s stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $162.64, for a total value of $572,492.80. Following the transaction, the vice president owned 180,344 shares of the company’s stock, valued at approximately $29,331,148.16. This represents a 1.91% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.17% of the company’s stock.

Bank of New York Mellon Stock Performance

Shares of NYSE:BNY opened at $161.73 on Tuesday. The company has a market cap of $109.73 billion, a price-to-earnings ratio of 18.83, a price-to-earnings-growth ratio of 1.15 and a beta of 1.06. The company has a 50-day moving average price of $156.03 and a 200-day moving average price of $138.38. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.76. Bank of New York Mellon Corporation has a 12 month low of $102.63 and a 12 month high of $165.68.

Bank of New York Mellon (NYSE:BNY – Get Free Report) last posted its earnings results on Wednesday, July 15th. The bank reported $2.46 earnings per share for the quarter, topping analysts’ consensus estimates of $2.16 by $0.30. Bank of New York Mellon had a net margin of 15.52% and a return on equity of 16.00%. The company had revenue of $5.70 billion during the quarter, compared to analyst estimates of $5.35 billion. During the same period in the prior year, the business posted $1.93 earnings per share. Bank of New York Mellon’s revenue for the quarter was up 13.3% on a year-over-year basis. As a group, equities analysts anticipate that Bank of New York Mellon Corporation will post 9.26 EPS for the current year.

Bank of New York Mellon Profile

(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.