
The Bank of New York Mellon Corporation (NYSE:BK – Free Report) – Research analysts at Zacks Research boosted their FY2025 earnings per share estimates for shares of Bank of New York Mellon in a research note issued on Friday, November 14th. Zacks Research analyst Team now forecasts that the bank will post earnings of $7.28 per share for the year, up from their previous estimate of $7.27. The consensus estimate for Bank of New York Mellon’s current full-year earnings is $6.96 per share. Zacks Research also issued estimates for Bank of New York Mellon’s Q4 2025 earnings at $1.85 EPS, FY2026 earnings at $7.89 EPS and FY2027 earnings at $8.65 EPS.
A number of other equities analysts also recently commented on BK. BMO Capital Markets initiated coverage on Bank of New York Mellon in a research note on Friday, October 3rd. They issued an “outperform” rating and a $125.00 target price on the stock. Wells Fargo & Company boosted their target price on shares of Bank of New York Mellon from $100.00 to $109.00 and gave the company an “equal weight” rating in a research note on Friday, October 17th. Keefe, Bruyette & Woods upped their target price on shares of Bank of New York Mellon from $120.00 to $124.00 and gave the stock an “outperform” rating in a research report on Friday, October 17th. The Goldman Sachs Group lifted their price target on Bank of New York Mellon from $106.00 to $120.00 and gave the company a “buy” rating in a report on Monday, October 6th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Bank of New York Mellon in a report on Thursday, November 13th. Ten research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $111.29.
Bank of New York Mellon Price Performance
Shares of BK opened at $107.51 on Monday. The company has a current ratio of 0.70, a quick ratio of 0.72 and a debt-to-equity ratio of 0.83. The firm has a market cap of $74.97 billion, a price-to-earnings ratio of 15.51, a PEG ratio of 0.98 and a beta of 1.13. Bank of New York Mellon has a 52 week low of $70.46 and a 52 week high of $113.74. The stock has a 50 day moving average of $107.81 and a 200-day moving average of $99.62.
Bank of New York Mellon (NYSE:BK – Get Free Report) last posted its quarterly earnings data on Tuesday, March 26th. The bank reported $1.30 earnings per share (EPS) for the quarter. Bank of New York Mellon had a return on equity of 14.03% and a net margin of 12.86%.The company had revenue of $4.38 billion for the quarter.
Bank of New York Mellon Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, November 7th. Stockholders of record on Monday, October 27th were paid a dividend of $0.53 per share. The ex-dividend date of this dividend was Monday, October 27th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.0%. Bank of New York Mellon’s dividend payout ratio (DPR) is 30.59%.
Hedge Funds Weigh In On Bank of New York Mellon
Hedge funds have recently bought and sold shares of the business. Valeo Financial Advisors LLC lifted its stake in shares of Bank of New York Mellon by 1.3% in the 3rd quarter. Valeo Financial Advisors LLC now owns 7,539 shares of the bank’s stock valued at $821,000 after purchasing an additional 94 shares during the last quarter. Ferguson Wellman Capital Management Inc. lifted its position in Bank of New York Mellon by 0.4% in the third quarter. Ferguson Wellman Capital Management Inc. now owns 24,752 shares of the bank’s stock worth $2,697,000 after buying an additional 96 shares during the last quarter. Leonard Rickey Investment Advisors P.L.L.C. lifted its position in Bank of New York Mellon by 1.9% in the third quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 5,192 shares of the bank’s stock worth $566,000 after buying an additional 98 shares during the last quarter. Angeles Wealth Management LLC boosted its stake in Bank of New York Mellon by 2.6% during the third quarter. Angeles Wealth Management LLC now owns 3,798 shares of the bank’s stock worth $414,000 after buying an additional 98 shares during the period. Finally, Tiemann Investment Advisors LLC increased its position in Bank of New York Mellon by 2.9% during the second quarter. Tiemann Investment Advisors LLC now owns 3,492 shares of the bank’s stock valued at $318,000 after acquiring an additional 100 shares during the last quarter. 85.31% of the stock is owned by institutional investors and hedge funds.
About Bank of New York Mellon
The Bank of New York Mellon Corporation provides a range of financial products and services in the United States and internationally. The company operates through Securities Services, Market and Wealth Services, Investment and Wealth Management, and other segments. The Securities Services segment offers custody, trust and depositary, accounting, exchange-traded funds, middle-office solutions, transfer agency, services for private equity and real estate funds, foreign exchange, securities lending, liquidity/lending services, and data analytics.
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