Bank of New York Mellon Corporation (NYSE:BNY) Stock Has Consensus Price Target of $162.38 According to Brokerages

Bank of New York Mellon Corporation (NYSE:BNY) has earned an average rating of “Moderate Buy” from the fourteen ratings firms that are covering the firm, Marketbeat.com reports. Six research analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $164.85.

Several equities analysts have commented on the stock. Weiss Ratings lowered shares of Bank of New York Mellon from a “buy (a)” rating to a “buy (a-)” rating in a research note on Thursday, August 13th. Erste Group Bank started coverage on shares of Bank of New York Mellon in a report on Wednesday, July 15th. They set a “buy” rating on the stock. Bank of America boosted their price objective 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. New Street Research set a $182.00 target price on shares of Bank of New York Mellon in a report on Friday. Finally, TD Cowen began coverage on shares of Bank of New York Mellon in a research note on Thursday, October 8th. They set a “hold” rating and a $160.00 price target on the stock.

Bank of New York Mellon News Summary

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

Insiders Place Their Bets

In other Bank of New York Mellon news, VP Jose Minaya sold 3,520 shares of Bank of New York Mellon stock in a transaction on Monday, September 28th. The shares were sold at an average price of $148.79, for a total value of $523,740.80. Following the transaction, the vice president directly owned 176,824 shares in the company, valued at approximately $26,309,642.96. The trade was a 1.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Dermot Mcdonogh sold 31,800 shares of the company’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 disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 38,840 shares of company stock worth $6,033,502. 0.17% of the stock is currently owned by company insiders.

Institutional Trading of Bank of New York Mellon

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Focus Partners Advisor Solutions LLC purchased a new stake in shares of Bank of New York Mellon during the 2nd quarter worth about $1,128,000. Northwestern Mutual Wealth Management Co. acquired a new stake in Bank of New York Mellon during the 2nd quarter worth approximately $13,234,000. Engineers Gate Manager LP acquired a new stake in Bank of New York Mellon during the 2nd quarter worth approximately $1,264,000. Corient Private Wealth LP purchased a new position in Bank of New York Mellon in the second quarter valued at approximately $48,434,000. Finally, HB Wealth Management LLC purchased a new position in Bank of New York Mellon in the second quarter valued at approximately $6,238,000. 85.31% of the stock is owned by hedge funds and other institutional investors.

Bank of New York Mellon Stock Performance

Shares of BNY opened at $143.25 on Wednesday. The stock has a 50-day simple moving average of $154.70 and a 200-day simple moving average of $146.36. 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 stock has a market capitalization of $97.20 billion, a PE ratio of 15.51, a PEG ratio of 1.10 and a beta of 1.06. Bank of New York Mellon has a 1 year low of $103.11 and a 1 year high of $165.84.

Bank of New York Mellon (NYSE:BNY) last issued its earnings results on Thursday, October 15th. The bank reported $2.37 earnings per share for the quarter, beating the consensus estimate of $2.26 by $0.11. The firm 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% compared to the same quarter last year. On average, analysts predict that Bank of New York Mellon will post 9.28 earnings per share for the current fiscal 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.