Barclays Issues Positive Forecast for Bank of New York Mellon (NYSE:BNY) Stock Price

Bank of New York Mellon (NYSE:BNYGet Free Report) had its price target increased by equities researchers at Barclays from $149.00 to $178.00 in a research report issued on Thursday,Benzinga reports. The firm currently has an “overweight” rating on the bank’s stock. Barclays‘s price objective suggests a potential upside of 10.76% from the stock’s current price.

Other equities analysts also recently issued research reports about the stock. JPMorgan Chase & Co. increased their price target on shares of Bank of New York Mellon from $140.00 to $149.00 and gave the company an “overweight” rating in a report on Monday, July 6th. Royal Bank Of Canada boosted their target price on shares of Bank of New York Mellon from $130.00 to $142.00 and gave the stock a “sector perform” rating in a research report on Friday, April 17th. Erste Group Bank assumed coverage on Bank of New York Mellon in a research note on Wednesday. They issued a “buy” rating for the company. Wall Street Zen raised shares of Bank of New York Mellon to a “hold” rating in a report on Saturday, May 23rd. Finally, Evercore set a $136.00 price objective on Bank of New York Mellon in a report on Friday, April 17th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, Bank of New York Mellon presently has an average rating of “Moderate Buy” and an average target price of $147.77.

Read Our Latest Stock Analysis on BNY

Bank of New York Mellon Price Performance

Shares of Bank of New York Mellon stock traded down $1.64 on Thursday, hitting $160.71. 509,068 shares of the company were exchanged, compared to its average volume of 3,832,381. Bank of New York Mellon has a 1-year low of $95.13 and a 1-year high of $163.77. 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 50-day moving average price of $142.80 and a 200 day moving average price of $129.26. The stock has a market capitalization of $110.31 billion, a price-to-earnings ratio of 19.91, a price-to-earnings-growth ratio of 1.14 and a beta of 1.07.

Bank of New York Mellon (NYSE:BNYGet Free Report) last issued its quarterly earnings data on Wednesday, July 15th. The bank reported $2.46 earnings per share for the quarter, beating analysts’ consensus estimates of $2.16 by $0.30. The business had revenue of $5.70 billion during the quarter, compared to analysts’ expectations of $5.35 billion. Bank of New York Mellon had a return on equity of 15.29% and a net margin of 14.60%.The company’s revenue was up 13.3% on a year-over-year basis. During the same period in the previous year, the firm posted $1.93 earnings per share. As a group, sell-side analysts predict that Bank of New York Mellon will post 8.94 earnings per share for the current fiscal year.

Insider Activity at Bank of New York Mellon

In other news, EVP Alejandro Perez sold 12,504 shares of the stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $137.01, for a total transaction of $1,713,173.04. Following the transaction, the executive vice president owned 62,613 shares of the company’s stock, valued at approximately $8,578,607.13. This represents a 16.65% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP J Kevin Mccarthy sold 30,000 shares of the firm’s stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $136.50, for a total value of $4,095,000.00. Following the completion of the sale, the executive vice president directly owned 50,238 shares in the company, valued at approximately $6,857,487. This represents a 37.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 48,091 shares of company stock worth $6,568,423. Corporate insiders own 0.17% of the company’s stock.

Institutional Investors Weigh In On Bank of New York Mellon

Institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in shares of Bank of New York Mellon by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 71,319,884 shares of the bank’s stock valued at $8,279,525,000 after purchasing an additional 647,847 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in Bank of New York Mellon by 18,044.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 19,670,202 shares of the bank’s stock valued at $2,283,514,000 after purchasing an additional 19,561,793 shares during the last quarter. Norges Bank acquired a new position in Bank of New York Mellon in the fourth quarter worth $1,398,624,000. Invesco Ltd. boosted its stake in Bank of New York Mellon by 8.2% in the fourth quarter. Invesco Ltd. now owns 7,680,429 shares of the bank’s stock worth $891,621,000 after purchasing an additional 578,999 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Bank of New York Mellon by 639.5% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 7,076,729 shares of the bank’s stock valued at $771,080,000 after buying an additional 6,119,749 shares in the last quarter. 85.31% of the stock is owned by institutional investors and hedge funds.

Bank of New York Mellon News Summary

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

  • Positive Sentiment: BNY reported Q2 earnings of $2.46 per share, topping estimates, on revenue of $5.70 billion that also beat forecasts, with revenue up 13.3% year over year. BNY Reports Second Quarter 2026 Results
  • Positive Sentiment: The company raised its 2026 revenue outlook to $22.0 billion-$22.2 billion, above consensus, and increased its quarterly dividend by 19%, signaling confidence in future cash generation. BNY Declares Dividends
  • Positive Sentiment: Analysts turned more constructive after the results, with Keefe, Bruyette & Woods raising its price target to $177 and Erste Group Bank initiating coverage with a buy rating. Benzinga coverage
  • Positive Sentiment: Several commentaries highlighted record revenue, stronger profit, and improving momentum in fees, net interest income, and AI-related client benefits, reinforcing the upbeat long-term narrative. Bloomberg report
  • Neutral Sentiment: An unusual spike in put-option buying suggests some traders were hedging ahead of or after earnings, which may reflect caution rather than a clear fundamental concern.
  • Negative Sentiment: The stock also faced a “sell the news” reaction in some coverage, with traders focused on the fact that the stronger Q2 results were partly offset by guidance that did not exceed the market’s highest expectations. Seeking Alpha report

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.

Further Reading

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

Receive News & Ratings for Bank of New York Mellon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank of New York Mellon and related companies with MarketBeat.com's FREE daily email newsletter.