Bank of New York Mellon Corporation (BNY) – What Are Researchers Thinking About This Stock?

Bank of New York Mellon Corporation (NYSE:BNY – Get Free Report) has been assigned a consensus rating of “Moderate Buy” from the fourteen research firms that are covering the stock, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $164.62.

Several equities analysts have recently weighed in on the stock. Keefe, Bruyette & Woods reiterated an “outperform” rating on shares of Bank of New York Mellon in a research note on Friday. Bank of America upped their price target on shares of 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. Wells Fargo & Company raised their price objective on shares of Bank of New York Mellon from $152.00 to $162.00 and gave the stock an “equal weight” rating in a report on Thursday, July 16th. Zacks Research downgraded shares of Bank of New York Mellon from a “strong-buy” rating to a “hold” rating in a report on Monday, September 7th. Finally, 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 for the company.

View Our Latest Research Report on Bank of New York Mellon

Insider Buying and Selling at Bank of New York Mellon

In other Bank of New York Mellon news, VP Jose Minaya sold 3,520 shares of the stock in a transaction on Monday, September 28th. The stock was sold at an average price of $148.79, for a total transaction of $523,740.80. Following the sale, the vice president owned 176,824 shares in the company, valued at $26,309,642.96. This represents a 1.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, 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 value of $4,937,268.00. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 38,840 shares of company stock worth $6,033,502. Company insiders own 0.17% of the company’s stock.

Institutional Trading of Bank of New York Mellon

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Physician Wealth Advisors Inc. grew its position in Bank of New York Mellon by 49.5% during the third quarter. Physician Wealth Advisors Inc. now owns 272 shares of the bank’s stock valued at $39,000 after acquiring an additional 90 shares during the last quarter. Carnegie Investment Counsel purchased a new position in shares of Bank of New York Mellon during the third quarter worth approximately $327,000. Nisa Investment Advisors LLC raised its stake in shares of Bank of New York Mellon by 7.7% during the third quarter. Nisa Investment Advisors LLC now owns 47,112 shares of the bank’s stock worth $6,814,000 after acquiring an additional 3,363 shares in the last quarter. Diversify Advisory Services LLC lifted its holdings in shares of Bank of New York Mellon by 53.4% in the 3rd quarter. Diversify Advisory Services LLC now owns 25,883 shares of the bank’s stock worth $3,678,000 after acquiring an additional 9,006 shares during the last quarter. Finally, 55 North Private Wealth LLC lifted its holdings in shares of Bank of New York Mellon by 5.5% in the 3rd quarter. 55 North Private Wealth LLC now owns 2,018 shares of the bank’s stock worth $292,000 after acquiring an additional 105 shares during the last quarter. 85.31% of the stock is currently owned by institutional investors.

Bank of New York Mellon Trading Up 1.1%

Shares of Bank of New York Mellon stock opened at $143.96 on Wednesday. Bank of New York Mellon has a 52-week low of $105.36 and a 52-week high of $165.84. The stock’s 50-day simple moving average is $154.04 and its 200 day simple moving average is $146.91. The stock has a market capitalization of $97.68 billion, a P/E ratio of 15.91, a P/E/G ratio of 1.03 and a beta of 1.06. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.72 and a current ratio of 0.72.

Bank of New York Mellon (NYSE:BNY – Get Free Report) last released its quarterly earnings data on Thursday, October 15th. The bank reported $2.37 EPS for the quarter, beating the consensus estimate of $2.26 by $0.11. The business had revenue of $5.68 billion for the quarter. Bank of New York Mellon had a net margin of 16.32% and a return on equity of 16.57%. The firm’s revenue was up 11.7% compared to the same quarter last year. As a group, research analysts anticipate that Bank of New York Mellon will post 9.35 EPS for the current year.

Key Bank of New York Mellon News

Here are the key news stories impacting Bank of New York Mellon this week:

  • Positive Sentiment: Strong third-quarter performance: Reports indicate that all three business segments delivered profit growth, while BNY raised its full-year guidance again. The results reinforce the bank’s earnings momentum and support the bullish case for the shares. Bank of New York Mellon Q3 2026 Earnings
  • Positive Sentiment: Bear Stearns litigation win: A court backed BNY Mellon in a long-running foreclosure dispute involving Bear Stearns mortgage trusts. The decision could reduce legal uncertainty and potential financial exposure for the company. Court backs BNY Mellon in Bear Stearns trust foreclosure saga
  • Positive Sentiment: Higher Morgan Stanley target: Morgan Stanley raised its price target for BNY to $152, signaling improved expectations for the company’s earnings or valuation. Morgan Stanley raises target for BNY Mellon stock

About Bank of New York Mellon

(Get 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.

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Analyst Recommendations for Bank of New York Mellon (NYSE:BNY)

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