Bank of New York Mellon Corporation $BNY Stake Raised by New England Research & Management Inc.

New England Research & Management Inc. increased its position in shares of Bank of New York Mellon Corporation (NYSE:BNY) by 381.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,182 shares of the bank’s stock after buying an additional 6,482 shares during the quarter. New England Research & Management Inc.’s holdings in Bank of New York Mellon were worth $1,183,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Luken Investment Analytics LLC bought a new stake in Bank of New York Mellon in the 2nd quarter valued at $27,000. EFG International AG acquired a new position in shares of Bank of New York Mellon in the 2nd quarter valued at $29,000. Burnham & Co LLC acquired a new position in shares of Bank of New York Mellon in the 2nd quarter valued at $29,000. N.E.W. Advisory Services LLC bought a new position in shares of Bank of New York Mellon during the 2nd quarter worth about $32,000. Finally, Retirement Wealth Solutions LLC bought a new position in shares of Bank of New York Mellon during the 2nd quarter worth about $35,000. 85.31% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on BNY. New Street Research set a $182.00 target price on shares of Bank of New York Mellon in a research note on Friday. JPMorgan Chase & Co. raised their price target on shares of Bank of New York Mellon from $159.00 to $161.00 and gave the stock an “overweight” rating in a research note on Friday, October 2nd. Bank of America lifted their price objective on Bank of New York Mellon from $165.00 to $175.00 and gave the company a “buy” rating in a report on Monday, July 20th. Wells Fargo & Company upped their price objective on Bank of New York Mellon from $152.00 to $162.00 and gave the company an “equal weight” rating in a research note on Thursday, July 16th. Finally, Argus increased their target price on Bank of New York Mellon from $153.00 to $180.00 and gave the stock a “buy” rating in a report on Wednesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, Bank of New York Mellon presently has a consensus rating of “Moderate Buy” and a consensus target price of $164.85.

Insider Transactions at Bank of New York Mellon

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 value of $4,937,268.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Jose Minaya sold 3,520 shares of the company’s stock in a transaction dated Monday, September 28th. The stock was sold at an average price of $148.79, for a total transaction of $523,740.80. Following the sale, the vice president directly owned 176,824 shares in the company, valued at $26,309,642.96. This represents a 1.95% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 38,840 shares of company stock worth $6,033,502. Company insiders own 0.17% of the company’s stock.

Key Stories Impacting Bank of New York Mellon

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

• Positive Sentiment: Q3 earnings and revenue exceeded expectations. BNY reported quarterly earnings of approximately $2.37 per share, above the $2.26 analyst consensus, while revenue reached $5.68 billion, up 11.7% year over year. Net income and EPS rose sharply, supported by higher fee revenue, net interest income and expanding asset balances. BNY Q3 Earnings Beat Estimates on Fee Income and NII Growth
• Positive Sentiment: Management raised its outlook. BNY increased its 2026 revenue-growth and operating-leverage expectations, citing strong operating momentum, adoption of artificial intelligence and growth across securities services. Assets under custody and administration reportedly reached $63.4 trillion, reinforcing the company’s scale advantage. BNY Q3 Earnings Call Highlights Raised Outlook and AI Push
• Positive Sentiment: Shareholder returns and strategic initiatives support sentiment. BNY declared a $0.63 quarterly common-stock dividend, and the company announced the VeriCORE initiative with SFA and Snapdocs to modernize asset-backed-securities market infrastructure. BNY Declares Dividends
• Neutral Sentiment: Truist remains bullish but reduced its price target. Truist maintained a “buy” rating while lowering its target from $172 to $165, suggesting continued upside but also a more cautious valuation outlook.
• Neutral Sentiment: CEO Robin Vince said a potential 5.25% 10-year Treasury yield would not be historically unusual. The comments may ease concerns about interest-rate conditions, but they do not materially change BNY’s earnings outlook. US 10-year Treasury Yield Levels Not Unprecedented
• Negative Sentiment: Expenses and AI investment remain risks. Although AI is being embedded throughout the business, BNY has not disclosed the associated costs. Rising expenses could limit the benefit of revenue growth and operating leverage. While Embedding AI Everywhere, BNY Won’t Disclose Costs

Bank of New York Mellon Price Performance

Shares of NYSE:BNY traded up $1.16 on Friday, hitting $143.25. The stock had a trading volume of 6,080,091 shares, compared to its average volume of 4,283,916. Bank of New York Mellon Corporation has a twelve month low of $103.11 and a twelve month high of $165.84. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.72 and a current ratio of 0.72. The firm’s 50 day moving average price is $154.70 and its 200-day moving average price is $146.36. The company has a market capitalization of $97.20 billion, a price-to-earnings ratio of 15.83, a price-to-earnings-growth ratio of 1.10 and a beta of 1.06.

Bank of New York Mellon (NYSE:BNY) last posted its earnings results on Thursday, October 15th. The bank reported $2.37 earnings per share for the quarter, topping the consensus estimate of $2.26 by $0.11. The business had revenue of $5.68 billion for the quarter. Bank of New York Mellon had a net margin of 16.32% and a return on equity of 16.57%. The firm’s revenue for the quarter was up 11.7% on a year-over-year basis. On average, equities research analysts predict that Bank of New York Mellon Corporation will post 9.28 earnings per share for the current year.

About Bank of New York Mellon

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.