Bank of New York Mellon Corporation $BNY Stock Purchased by Sumitomo Mitsui DS Asset Management Company Ltd

Posted by Francis Steltz on Oct 20th, 2026

Sumitomo Mitsui DS Asset Management Company Ltd increased its position in shares of Bank of New York Mellon Corporation (NYSE:BNY – Free Report) by 1.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 314,010 shares of the bank’s stock after acquiring an additional 4,487 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Bank of New York Mellon were worth $45,415,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Focus Partners Advisor Solutions LLC acquired a new position in shares of Bank of New York Mellon in the 2nd quarter valued at $1,128,000. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Bank of New York Mellon during the 2nd quarter worth $13,234,000. Engineers Gate Manager LP purchased a new position in shares of Bank of New York Mellon during the 2nd quarter worth $1,264,000. Corient Private Wealth LP acquired a new stake in shares of Bank of New York Mellon during the 2nd quarter worth about $48,434,000. Finally, HB Wealth Management LLC acquired a new stake in shares of Bank of New York Mellon during the 2nd quarter worth about $6,238,000. Hedge funds and other institutional investors own 85.31% of the company’s stock.

Insider Activity

In other Bank of New York Mellon news, CFO Dermot Mcdonogh sold 31,800 shares of the business’s 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. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Jose Minaya sold 3,520 shares of the firm’s stock in a transaction that occurred on Monday, September 28th. The shares were sold at an average price of $148.79, for a total transaction of $523,740.80. Following the completion of the transaction, the vice president directly owned 176,824 shares of the company’s stock, valued at approximately $26,309,642.96. The trade was a 1.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 38,840 shares of company stock valued at $6,033,502. 0.17% of the stock is currently owned by corporate insiders.

Key Bank of New York Mellon News

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

Positive Sentiment: BNY reported solid third-quarter results, with earnings per share rising 24% year over year to $2.34. Management also raised its 2026 operating-leverage target to 500 basis points, signaling expectations for stronger efficiency and profitability. Bank of New York Mellon: 3 Key Takeaways for Long-Term Investors
Positive Sentiment: J.P. Morgan maintained a Buy view on BNY, suggesting some analysts see further upside following the company’s earnings performance and operational improvements. Bank of New York Mellon Receives a Buy from J.P. Morgan
Neutral Sentiment: BNY priced a $1.25 billion offering of depositary shares representing interests in Series O noncumulative perpetual preferred stock. The securities carry a 7.125% dividend rate through December 2031, after which the rate resets to the five-year Treasury rate plus 2.192%. The capital raise can support regulatory capital and balance-sheet flexibility, but the substantial preferred dividend expense may limit its earnings benefit for common shareholders. BNY Announces Pricing of Preferred Stock Offering
Negative Sentiment: Citigroup lowered its BNY price target to $157 from $160 while retaining a Neutral rating. The target cut reinforces concerns that near-term upside may be more limited despite the shares trading below the revised target.
Negative Sentiment: Truist also reduced its price target to $165, while Wells Fargo and Evercore ISI maintained Hold ratings. The cluster of cautious recommendations is likely weighing on investor sentiment. Truist Cuts BNY Mellon Stock Target

Wall Street Analyst Weigh In

Several analysts recently issued reports on BNY shares. Barclays boosted their price objective on shares of Bank of New York Mellon from $149.00 to $178.00 and gave the company an “overweight” rating in a report on Thursday, July 16th. Keefe, Bruyette & Woods reaffirmed an “outperform” rating on shares of Bank of New York Mellon in a research note on Friday. Argus increased their target price on shares of Bank of New York Mellon from $153.00 to $180.00 and gave the stock a “buy” rating in a research note on Wednesday, July 22nd. Royal Bank Of Canada lifted 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 research report on Thursday, July 16th. Finally, New Street Research set a $182.00 price target on shares of Bank of New York Mellon in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $164.62.

View Our Latest Report on BNY

Bank of New York Mellon Price Performance

BNY stock opened at $142.25 on Tuesday. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.86. The company has a market capitalization of $96.52 billion, a PE ratio of 15.64, a P/E/G ratio of 1.11 and a beta of 1.06. Bank of New York Mellon Corporation has a 12-month low of $105.36 and a 12-month high of $165.84. The business’s fifty day moving average price is $154.36 and its 200 day moving average price is $146.74.

Bank of New York Mellon (NYSE:BNY – Get Free Report) last posted its earnings results on Thursday, October 15th. The bank reported $2.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.26 by $0.11. Bank of New York Mellon had a return on equity of 16.57% and a net margin of 16.32%. The firm had revenue of $5.68 billion for the quarter. Bank of New York Mellon’s revenue for the quarter was up 11.7% on a year-over-year basis. On average, sell-side analysts anticipate that Bank of New York Mellon Corporation will post 9.30 EPS for the current year.

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.