SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co Buys New Stake in Bank of New York Mellon Corporation $BNY

Posted by George Bondi on Sep 7th, 2026

SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co purchased a new stake in Bank of New York Mellon Corporation (NYSE:BNY – Free Report) during the second quarter, according to its most recent filing with the SEC. The fund purchased 4,915 shares of the bank’s stock, valued at approximately $711,000. Bank of New York Mellon comprises about 0.2% of SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co’s portfolio, making the stock its 23rd largest holding.

Other hedge funds have also bought and sold shares of the company. Focus Partners Advisor Solutions LLC purchased a new stake in shares of Bank of New York Mellon during the 2nd quarter worth approximately $1,128,000. Northwestern Mutual Wealth Management Co. bought a new stake in Bank of New York Mellon in the second quarter worth $13,234,000. CIBC Asset Management Inc raised its stake in Bank of New York Mellon by 53.8% during the fourth quarter. CIBC Asset Management Inc now owns 182,002 shares of the bank’s stock valued at $21,129,000 after purchasing an additional 63,627 shares in the last quarter. Todd Asset Management LLC raised its stake in Bank of New York Mellon by 37.5% during the fourth quarter. Todd Asset Management LLC now owns 370,998 shares of the bank’s stock valued at $43,069,000 after purchasing an additional 101,142 shares in the last quarter. Finally, Bellars Harris Wealth Management LLC bought a new position in Bank of New York Mellon during the second quarter valued at $10,324,000. Hedge funds and other institutional investors own 85.31% of the company’s stock.

Bank of New York Mellon Price Performance

Bank of New York Mellon stock opened at $165.05 on Monday. 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 cap of $111.99 billion, a price-to-earnings ratio of 19.21, a price-to-earnings-growth ratio of 1.24 and a beta of 1.05. The firm has a 50-day moving average of $157.46 and a two-hundred day moving average of $139.65. Bank of New York Mellon Corporation has a 1 year low of $102.63 and a 1 year high of $165.84.

Bank of New York Mellon (NYSE:BNY – Get Free Report) last issued its earnings results on Wednesday, July 15th. The bank reported $2.46 EPS 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 business had revenue of $5.70 billion for the quarter, compared to analyst estimates of $5.35 billion. During the same period last year, the company posted $1.93 earnings per share. The company’s quarterly revenue was up 13.3% compared to the same quarter last year. On average, research analysts forecast that Bank of New York Mellon Corporation will post 9.26 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have commented on BNY. Weiss Ratings cut shares of Bank of New York Mellon from a “buy (a)” rating to a “buy (a-)” rating in a research note on Thursday, August 13th. JPMorgan Chase & Co. upped their target price on shares of Bank of New York Mellon from $149.00 to $159.00 and gave the company an “overweight” rating in a research report on Tuesday, August 4th. Royal Bank Of Canada increased their price target on shares of Bank of New York Mellon from $142.00 to $168.00 and gave the company a “sector perform” rating in a report on Thursday, July 16th. Wells Fargo & Company lifted their price target on Bank of New York Mellon from $152.00 to $162.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 16th. Finally, Wall Street Zen raised Bank of New York Mellon to a “hold” rating in a research note on Saturday, May 23rd. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $157.13.

View Our Latest Analysis on Bank of New York Mellon

Insider Activity at Bank of New York Mellon

In other Bank of New York Mellon news, CFO Dermot Mcdonogh sold 31,800 shares of the firm’s 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 transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP Jose Minaya sold 3,520 shares of Bank of New York Mellon stock in a transaction 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 sale, the vice president directly owned 180,344 shares of the company’s stock, valued at approximately $29,331,148.16. This trade represents a 1.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.17% of the stock is owned by corporate insiders.

Bank of New York Mellon Company 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.