Rep. Jonathan L. Jackson Purchases Shares of The Bank of New York Mellon Corporation (NYSE:BK)

Representative Jonathan L. Jackson (Democratic-Illinois) recently bought shares of The Bank of New York Mellon Corporation (NYSE:BK). In a filing disclosed on March 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Bank of New York Mellon stock on February 17th. The trade occurred in the Representative’s “MORGAN STANLEY IRA” account.

Representative Jonathan L. Jackson also recently made the following trade(s):

• Purchased $50,001 – $100,000 in shares of Bank of New York Mellon (NYSE:BK) on 2/17/2026.
• Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 2/17/2026.
• Sold $50,001 – $100,000 in shares of International Business Machines (NYSE:IBM) on 2/17/2026.
• Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 2/11/2026.
• Purchased $1,001 – $15,000 in shares of Welltower (NYSE:WELL) on 2/11/2026.
• Sold $1,001 – $15,000 in shares of Tenet Healthcare (NYSE:THC) on 2/11/2026.
• Purchased $1,001 – $15,000 in shares of Citigroup (NYSE:C) on 2/11/2026.
• Sold $50,001 – $100,000 in shares of Palo Alto Networks (NASDAQ:PANW) on 2/5/2026.
• Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 2/5/2026.
• Purchased $50,001 – $100,000 in shares of Citigroup (NYSE:C) on 2/5/2026.

Bank of New York Mellon Trading Up 1.2%

Shares of BK opened at $117.76 on Wednesday. The business’s 50-day moving average price is $118.94 and its 200 day moving average price is $113.80. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.81. The stock has a market capitalization of $81.04 billion, a P/E ratio of 15.89, a P/E/G ratio of 1.09 and a beta of 1.10. The Bank of New York Mellon Corporation has a 1-year low of $70.46 and a 1-year high of $128.76.

Bank of New York Mellon (NYSE:BK) last announced its earnings results on Tuesday, January 13th. The bank reported $2.08 EPS for the quarter, topping the consensus estimate of $1.97 by $0.11. The company had revenue of $5.18 billion during the quarter, compared to analysts’ expectations of $5.11 billion. Bank of New York Mellon had a net margin of 13.62% and a return on equity of 14.37%. The business’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same period last year, the company posted $1.72 earnings per share. Analysts expect that The Bank of New York Mellon Corporation will post 6.96 earnings per share for the current year.

Bank of New York Mellon Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, February 5th. Investors of record on Friday, January 23rd were given a $0.53 dividend. The ex-dividend date was Friday, January 23rd. This represents a $2.12 dividend on an annualized basis and a dividend yield of 1.8%. Bank of New York Mellon’s dividend payout ratio (DPR) is 28.61%.

Institutional Investors Weigh In On Bank of New York Mellon

Several institutional investors have recently made changes to their positions in BK. Rockefeller Capital Management L.P. grew its stake in shares of Bank of New York Mellon by 17.9% in the 4th quarter. Rockefeller Capital Management L.P. now owns 141,899 shares of the bank’s stock valued at $16,473,000 after buying an additional 21,506 shares in the last quarter. World Investment Advisors lifted its stake in Bank of New York Mellon by 14.4% in the fourth quarter. World Investment Advisors now owns 72,285 shares of the bank’s stock valued at $8,391,000 after acquiring an additional 9,105 shares during the last quarter. Advisortrust Partners LLC acquired a new stake in Bank of New York Mellon in the fourth quarter valued at approximately $207,000. Corient Private Wealth LLC grew its position in Bank of New York Mellon by 8.1% in the fourth quarter. Corient Private Wealth LLC now owns 257,048 shares of the bank’s stock worth $29,822,000 after acquiring an additional 19,341 shares in the last quarter. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in Bank of New York Mellon in the fourth quarter worth approximately $84,000. 85.31% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

BK has been the topic of several research analyst reports. Keefe, Bruyette & Woods lifted their price objective on shares of Bank of New York Mellon from $132.00 to $143.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 14th. New Street Research set a $143.00 price target on Bank of New York Mellon in a report on Wednesday, January 14th. Weiss Ratings raised Bank of New York Mellon from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Wednesday, March 11th. Citigroup initiated coverage on Bank of New York Mellon in a research report on Monday, February 23rd. They set a “neutral” rating for the company. Finally, Royal Bank Of Canada lifted their target price on Bank of New York Mellon from $124.00 to $130.00 and gave the company a “sector perform” rating in a research note on Wednesday, January 14th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $131.92.

About Representative Jackson

Jonathan Jackson (Democratic Party) is a member of the U.S. House, representing Illinois’ 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Jackson (Democratic Party) is running for re-election to the U.S. House to represent Illinois’ 1st Congressional District. He declared candidacy for the 2026 election.

Jonathan Jackson was born in Chicago, Illinois. Jackson graduated from Whitney Young High School. He earned an M.B.A. from Northwestern University. Jackson’s career experience includes working as an investment analyst and an entrepreneur.

About Bank of New York Mellon

Bank of New York Mellon Corporation (BNY Mellon) is a global financial services company headquartered in New York City that provides a wide range of asset servicing, custody, and related financial infrastructure solutions to institutional clients. Its core businesses include custody and asset servicing, clearing and collateral management, treasury services, securities lending, corporate trust services, and depositary receipt administration. The company also offers investment management and advisory services through its asset management arm and provides technology-enabled solutions for trade processing, foreign exchange, and liquidity management.

BNY Mellon serves a broad client base that includes asset managers, pension funds, corporations, banks, broker-dealers and sovereign entities.