Bank of New York Mellon Corporation $BNY Shares Sold by Martingale Asset Management L P

Posted by Brian Himes on Jun 13th, 2026

Martingale Asset Management L P lessened its position in shares of Bank of New York Mellon Corporation (NYSE:BNY – Free Report) by 29.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 171,304 shares of the bank’s stock after selling 71,141 shares during the quarter. Martingale Asset Management L P’s holdings in Bank of New York Mellon were worth $19,887,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Bank of New York Mellon in the fourth quarter worth about $27,000. MCF Advisors LLC raised its stake in shares of 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. Marquette Asset Management LLC raised its stake in shares of Bank of New York Mellon by 174.7% in the fourth quarter. Marquette Asset Management LLC now owns 261 shares of the bank’s stock worth $30,000 after purchasing an additional 166 shares during the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in shares of Bank of New York Mellon in the fourth quarter worth about $46,000. Finally, Godfrey Financial Associates Inc. purchased a new position in shares of Bank of New York Mellon in the fourth quarter worth about $48,000. 85.31% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Bank of New York Mellon news, insider Kurtis R. Kurimsky sold 5,290 shares of the stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $136.02, for a total transaction of $719,545.80. Following the transaction, the insider owned 17,259 shares in the company, valued at approximately $2,347,569.18. This represents a 23.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Shannon Marie Hobbs sold 297 shares of the stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $137.05, for a total value of $40,703.85. Following the transaction, the vice president owned 15,206 shares in the company, valued at $2,083,982.30. This represents a 1.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 48,091 shares of company stock worth $6,568,423. Company insiders own 0.17% of the company’s stock.

Analyst Upgrades and Downgrades

BNY has been the subject of several research analyst reports. Barclays raised their price objective on Bank of New York Mellon from $143.00 to $149.00 and gave the stock an “overweight” rating in a research note on Friday, April 17th. JPMorgan Chase & Co. raised their price objective on Bank of New York Mellon from $130.50 to $140.00 and gave the stock an “overweight” rating in a research note on Monday, May 11th. Royal Bank Of Canada raised their price objective on Bank of New York Mellon from $130.00 to $142.00 and gave the stock a “sector perform” rating in a research note on Friday, April 17th. Truist Financial raised their price objective on Bank of New York Mellon from $140.00 to $148.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. Finally, Morgan Stanley raised their price objective on Bank of New York Mellon from $135.00 to $139.00 and gave the stock an “equal weight” rating in a research note on Friday, April 17th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Bank of New York Mellon presently has an average rating of “Moderate Buy” and a consensus target price of $138.08.

Read Our Latest Stock Analysis on BNY

Bank of New York Mellon Stock Up 1.2%

Shares of BNY opened at $143.74 on Friday. Bank of New York Mellon Corporation has a 52 week low of $87.41 and a 52 week high of $145.02. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.82. The company has a market capitalization of $98.66 billion, a price-to-earnings ratio of 17.81, a PEG ratio of 1.04 and a beta of 1.07. The stock’s 50-day moving average price is $135.19 and its 200-day moving average price is $123.80.

Bank of New York Mellon (NYSE:BNY – Get Free Report) last issued its earnings results on Thursday, April 16th. The bank reported $2.25 EPS for the quarter, topping analysts’ consensus estimates of $1.94 by $0.31. Bank of New York Mellon had a return on equity of 15.29% and a net margin of 14.60%.The firm had revenue of $5.41 billion for the quarter, compared to the consensus estimate of $5.14 billion. During the same quarter in the prior year, the business earned $1.58 earnings per share. The company’s revenue was up 12.9% compared to the same quarter last year. On average, sell-side analysts predict that Bank of New York Mellon Corporation will post 8.78 EPS for the current year.

Bank of New York Mellon Announces Dividend

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

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.