6,731 Bank of New York Mellon Corporation $BNY Shares Purchased by Axecap Investments LLC

Axecap Investments LLC increased its stake in shares of Bank of New York Mellon Corporation (NYSE:BNY) by 20.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 39,702 shares of the bank’s stock after buying an additional 6,731 shares during the period. Bank of New York Mellon comprises 3.5% of Axecap Investments LLC’s portfolio, making the stock its 4th largest holding. Axecap Investments LLC’s holdings in Bank of New York Mellon were worth $5,742,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BNY. McGlone Suttner Wealth Management Inc. lifted its position in shares of Bank of New York Mellon by 0.8% during the 3rd quarter. McGlone Suttner Wealth Management Inc. now owns 10,071 shares of the bank’s stock valued at $1,457,000 after acquiring an additional 77 shares during the period. Cornerstone Financial Management LLC boosted its stake in shares of Bank of New York Mellon by 11.4% during the 2nd quarter. Cornerstone Financial Management LLC now owns 784 shares of the bank’s stock worth $113,000 after acquiring an additional 80 shares in the last quarter. Physician Wealth Advisors Inc. boosted its stake in shares of Bank of New York Mellon by 49.5% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 272 shares of the bank’s stock worth $39,000 after acquiring an additional 90 shares in the last quarter. Riversedge Advisors LLC grew its holdings in shares of Bank of New York Mellon by 3.1% in the 3rd quarter. Riversedge Advisors LLC now owns 3,035 shares of the bank’s stock worth $439,000 after acquiring an additional 92 shares during the period. Finally, 55 North Private Wealth LLC grew its holdings in shares of Bank of New York Mellon by 5.5% in the 3rd quarter. 55 North Private Wealth LLC now owns 2,018 shares of the bank’s stock worth $292,000 after acquiring an additional 105 shares during the period. 85.31% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Weiss Ratings downgraded Bank of New York Mellon from a “buy (a)” rating to a “buy (a-)” rating in a research note on Thursday, August 13th. New Street Research set a $182.00 target price on Bank of New York Mellon in a research report on Friday. Citigroup lowered their target price on Bank of New York Mellon from $160.00 to $157.00 and set a “neutral” rating on the stock in a report on Monday. Zacks Research cut Bank of New York Mellon from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 7th. Finally, Wells Fargo & Company raised their price target on Bank of New York Mellon from $152.00 to $162.00 and gave the company an “equal weight” rating in a research report on Thursday, July 16th. 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. Based on data from MarketBeat.com, Bank of New York Mellon presently has a consensus rating of “Moderate Buy” and an average target price of $164.62.

Bank of New York Mellon News Summary

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

• Positive Sentiment: Strong third-quarter performance: Reports indicate that all three business segments delivered profit growth, while BNY raised its full-year guidance again. The results reinforce the bank’s earnings momentum and support the bullish case for the shares. Bank of New York Mellon Q3 2026 Earnings
• Positive Sentiment: Bear Stearns litigation win: A court backed BNY Mellon in a long-running foreclosure dispute involving Bear Stearns mortgage trusts. The decision could reduce legal uncertainty and potential financial exposure for the company. Court backs BNY Mellon in Bear Stearns trust foreclosure saga
• Positive Sentiment: Higher Morgan Stanley target: Morgan Stanley raised its price target for BNY to $152, signaling improved expectations for the company’s earnings or valuation. Morgan Stanley raises target for BNY Mellon stock

Insiders Place Their Bets

In other news, VP Jose Minaya sold 3,520 shares of the business’s stock in a transaction on Monday, September 28th. The stock was sold at an average price of $148.79, for a total value of $523,740.80. Following the completion of the transaction, the vice president directly owned 176,824 shares of the company’s stock, valued at $26,309,642.96. The trade was a 1.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Dermot Mcdonogh sold 31,800 shares of the company’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $155.26, for a total value of $4,937,268.00. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 38,840 shares of company stock worth $6,033,502. 0.17% of the stock is owned by insiders.

Bank of New York Mellon Stock Up 1.1%

BNY stock opened at $143.96 on Wednesday. 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 company’s 50 day simple moving average is $154.04 and its 200-day simple moving average is $146.91. Bank of New York Mellon Corporation has a 12 month low of $105.36 and a 12 month high of $165.84. The firm has a market capitalization of $97.68 billion, a PE ratio of 15.91, a P/E/G ratio of 1.03 and a beta of 1.06.

Bank of New York Mellon (NYSE:BNY) last issued its quarterly earnings data on Thursday, October 15th. The bank reported $2.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.26 by $0.11. Bank of New York Mellon had a return on equity of 16.57% and a net margin of 16.32%. The firm had revenue of $5.68 billion during the quarter. The business’s quarterly revenue was up 11.7% on a year-over-year basis. Equities analysts expect that Bank of New York Mellon Corporation will post 9.35 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.