Representative Lisa C. McClain (R-Michigan) recently bought shares of The Bank of New York Mellon Corporation (NYSE:BK). In a filing disclosed on November 21st, the Representative disclosed that they had bought between $1,001 and $15,000 in Bank of New York Mellon stock on October 30th. The trade occurred in the Representative’s “CHARLES SCHWAB 401K > SCHWAB 893” account.
Representative Lisa C. McClain also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Coherent (NYSE:COHR) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Clorox (NYSE:CLX) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Northern Trust (NASDAQ:NTRS) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Honda Motor (NYSE:HMC) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Home BancShares (NYSE:HOMB) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Five Below (NASDAQ:FIVE) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Pure Storage (NYSE:PSTG) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of BHP Group (NYSE:BHP) on 10/31/2025.
Bank of New York Mellon Price Performance
NYSE:BK traded up $2.39 during mid-day trading on Thursday, hitting $111.52. 3,075,113 shares of the stock traded hands, compared to its average volume of 3,942,473. The business’s 50-day moving average price is $108.10 and its 200 day moving average price is $100.52. The company has a quick ratio of 0.72, a current ratio of 0.70 and a debt-to-equity ratio of 0.83. The company has a market cap of $77.77 billion, a PE ratio of 16.09, a price-to-earnings-growth ratio of 0.98 and a beta of 1.13. The Bank of New York Mellon Corporation has a 12-month low of $70.46 and a 12-month high of $113.74.
Bank of New York Mellon Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, November 7th. Stockholders of record on Monday, October 27th were given a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date was Monday, October 27th. Bank of New York Mellon’s dividend payout ratio (DPR) is 30.59%.
Institutional Trading of Bank of New York Mellon
Several institutional investors have recently added to or reduced their stakes in the business. Canada Post Corp Registered Pension Plan purchased a new stake in Bank of New York Mellon in the 1st quarter worth approximately $1,035,000. Goldman Sachs Group Inc. boosted its position in shares of Bank of New York Mellon by 26.3% in the first quarter. Goldman Sachs Group Inc. now owns 5,053,744 shares of the bank’s stock worth $423,858,000 after purchasing an additional 1,052,145 shares during the period. Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of Bank of New York Mellon by 150.5% in the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 85,654 shares of the bank’s stock worth $7,804,000 after purchasing an additional 51,457 shares in the last quarter. Marble Harbor Investment Counsel LLC purchased a new stake in shares of Bank of New York Mellon in the first quarter worth $218,000. Finally, Nuveen LLC bought a new stake in shares of Bank of New York Mellon during the 1st quarter valued at $773,627,000. 85.31% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of equities analysts have weighed in on BK shares. Evercore ISI upped their target price on Bank of New York Mellon from $91.00 to $110.00 and gave the stock an “in-line” rating in a research note on Tuesday, September 30th. TD Cowen upped their price objective on shares of Bank of New York Mellon from $130.00 to $133.00 and gave the stock a “buy” rating in a research report on Monday, October 20th. Citigroup raised their target price on shares of Bank of New York Mellon from $92.00 to $105.00 and gave the company a “neutral” rating in a research note on Friday, September 5th. Morgan Stanley boosted their price target on shares of Bank of New York Mellon from $101.00 to $116.00 and gave the stock an “overweight” rating in a research note on Monday, September 29th. Finally, Keefe, Bruyette & Woods increased their price target on shares of Bank of New York Mellon from $120.00 to $124.00 and gave the stock an “outperform” rating in a report on Friday, October 17th. Ten equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $111.29.
Read Our Latest Stock Analysis on Bank of New York Mellon
About Representative McClain
Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.
McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.
Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.
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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