Bank of New York Mellon Corporation $BNY Shares Bought by New England Research & Management Inc.

New England Research & Management Inc. lifted its holdings in shares of Bank of New York Mellon Corporation (NYSE:BNY) by 381.3% during the 3rd quarter, Holdings Channel.com reports. The firm owned 8,182 shares of the bank’s stock after purchasing an additional 6,482 shares during the period. 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 reporting period.

Other large investors also recently made changes to their positions in the company. BlackRock Inc. acquired a new position in Bank of New York Mellon during the 2nd quarter worth about $8,321,111,000. Bank of America Corp DE bought a new stake in Bank of New York Mellon during the 2nd quarter worth about $2,499,438,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in Bank of New York Mellon during the 2nd quarter worth about $1,214,193,000. Wellington Management Group LLP acquired a new stake in Bank of New York Mellon in the 2nd quarter valued at about $1,175,576,000. Finally, Amundi acquired a new stake in Bank of New York Mellon in the 2nd quarter valued at about $985,533,000. Institutional investors own 85.31% of the company’s stock.

Insider Transactions at Bank of New York Mellon

In other news, CFO Dermot Mcdonogh sold 31,800 shares of Bank of New York Mellon stock in a transaction that occurred on 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 legal filing with the Securities & Exchange Commission, which is available at this link. Also, VP Jose Minaya sold 3,520 shares of the business’s stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $26,309,642.96. This trade represents a 1.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 38,840 shares of company stock worth $6,033,502. Corporate insiders own 0.17% of the company’s stock.

Analysts Set New Price Targets

BNY has been the subject of a number of research analyst reports. TD Cowen assumed coverage on shares of Bank of New York Mellon in a research note on Thursday, October 8th. They issued a “hold” rating and a $160.00 target price for the company. Bank of America upped their target price on shares of Bank of New York Mellon from $165.00 to $175.00 and gave the stock a “buy” rating in a research report on Monday, July 20th. Keefe, Bruyette & Woods reissued an “outperform” rating on shares of Bank of New York Mellon in a research note on Friday. Erste Group Bank initiated coverage on shares of Bank of New York Mellon in a research note on Wednesday, July 15th. They set a “buy” rating on the stock. Finally, Wells Fargo & Company raised their price target on shares of Bank of New York Mellon from $152.00 to $162.00 and gave the company an “equal weight” rating in a report on Thursday, July 16th. 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 company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $164.85.

Bank of New York Mellon Trading Up 0.8%

Shares of BNY stock traded up $1.16 on Friday, reaching $143.25. 6,080,091 shares of the stock were exchanged, compared to its average volume of 4,283,916. The stock has a market cap of $97.20 billion, a PE ratio of 15.83, a P/E/G ratio of 1.10 and a beta of 1.06. Bank of New York Mellon Corporation has a one year low of $103.11 and a one year high of $165.84. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.72 and a quick ratio of 0.72. The stock has a 50 day moving average price of $154.70 and a 200 day moving average price of $146.36.

Bank of New York Mellon (NYSE:BNY) last posted its quarterly earnings results on Thursday, October 15th. The bank reported $2.37 earnings per share (EPS) for the quarter, beating 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 return on equity of 16.57% and a net margin of 16.32%. The company’s revenue for the quarter was up 11.7% compared to the same quarter last year. Equities research analysts forecast that Bank of New York Mellon Corporation will post 9.28 EPS for the current fiscal year.

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

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.