VIRGINIA RETIREMENT SYSTEMS ET Al Takes $70.98 Million Position in Bank of New York Mellon Corporation $BNY

Posted by Stanley Muller on Sep 7th, 2026

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Bank of New York Mellon Corporation (NYSE:BNY – Free Report) in the second quarter, HoldingsChannel reports. The fund acquired 490,809 shares of the bank’s stock, valued at approximately $70,976,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. California State Teachers Retirement System acquired a new position in Bank of New York Mellon in the second quarter valued at approximately $22,603,252,000. BlackRock Inc. bought a new position in shares of Bank of New York Mellon during the second quarter valued at approximately $8,321,111,000. Northwestern Mutual Wealth Management Co. raised its position in shares of Bank of New York Mellon by 18,044.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 19,670,202 shares of the bank’s stock worth $2,283,514,000 after purchasing an additional 19,561,793 shares during the period. Bank of America Corp DE acquired a new stake in shares of Bank of New York Mellon during the 2nd quarter worth approximately $2,499,438,000. Finally, Norges Bank bought a new stake in shares of Bank of New York Mellon in the 4th quarter worth approximately $1,398,624,000. Institutional investors and hedge funds own 85.31% of the company’s stock.

Insiders Place Their Bets

In other news, VP Jose Minaya sold 3,520 shares of the firm’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $162.64, for a total transaction of $572,492.80. Following the transaction, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Dermot Mcdonogh sold 31,800 shares of Bank of New York Mellon stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $155.26, for a total transaction of $4,937,268.00. Additional details regarding this sale are available in the official SEC disclosure. 0.17% of the stock is currently owned by company insiders.

Bank of New York Mellon Stock Performance

Shares of BNY stock opened at $165.05 on Monday. Bank of New York Mellon Corporation has a 12-month low of $102.63 and a 12-month high of $165.84. The firm has a market capitalization 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 business has a 50 day simple moving average of $157.46 and a 200 day simple moving average of $139.65. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.72 and a quick ratio of 0.72.

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

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on BNY. Barclays boosted their price objective on Bank of New York Mellon from $149.00 to $178.00 and gave the company an “overweight” rating in a research report on Thursday, July 16th. Erste Group Bank initiated coverage on Bank of New York Mellon in a research note on Wednesday, July 15th. They issued a “buy” rating on the stock. Wall Street Zen raised shares of Bank of New York Mellon to a “hold” rating in a report on Saturday, May 23rd. Citigroup upped their price target on shares of Bank of New York Mellon from $167.00 to $172.00 and gave the stock a “neutral” rating in a research report on Monday, July 20th. Finally, Weiss Ratings cut shares of Bank of New York Mellon from a “buy (a)” rating to a “buy (a-)” rating in a report on Thursday, August 13th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $157.13.

Check Out Our Latest Report on Bank of New York Mellon

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.