Bank of New York Mellon (NYSE:BK) Price Target Raised to $122.00

Bank of New York Mellon (NYSE:BK) had its target price boosted by investment analysts at Wells Fargo & Company from $119.00 to $122.00 in a report issued on Wednesday,Benzinga reports. The firm currently has an “equal weight” rating on the bank’s stock. Wells Fargo & Company‘s price target suggests a potential downside of 1.48% from the company’s previous close.

A number of other equities analysts also recently commented on the stock. Morgan Stanley boosted their price objective on shares of Bank of New York Mellon from $124.00 to $132.00 and gave the stock an “overweight” rating in a research note on Wednesday. The Goldman Sachs Group boosted their price target on Bank of New York Mellon from $106.00 to $120.00 and gave the stock a “buy” rating in a research report on Monday, October 6th. BMO Capital Markets began coverage on Bank of New York Mellon in a research report on Friday, October 3rd. They set an “outperform” rating and a $125.00 price objective on the stock. New Street Research set a $143.00 target price on Bank of New York Mellon in a research note on Wednesday. Finally, TD Cowen increased their price target on shares of Bank of New York Mellon from $133.00 to $145.00 and gave the company a “buy” rating in a research report on Wednesday, January 7th. Eleven equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, Bank of New York Mellon currently has a consensus rating of “Moderate Buy” and an average price target of $122.60.

Bank of New York Mellon Price Performance

NYSE BK traded up $0.90 during trading on Wednesday, hitting $123.83. 853,190 shares of the stock traded hands, compared to its average volume of 3,687,784. The firm has a 50-day simple moving average of $114.21 and a 200-day simple moving average of $107.06. Bank of New York Mellon has a 12-month low of $70.46 and a 12-month high of $124.24. The company has a market capitalization of $86.35 billion, a P/E ratio of 17.88, a price-to-earnings-growth ratio of 0.94 and a beta of 1.11. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.83.

Bank of New York Mellon (NYSE:BK) last posted its quarterly earnings data on Friday, October 31st. The bank reported $1.91 earnings per share for the quarter. Bank of New York Mellon had a net margin of 12.86% and a return on equity of 14.03%. The company had revenue of $5.07 billion for the quarter. As a group, analysts predict that Bank of New York Mellon will post 6.96 EPS for the current year.

Institutional Investors Weigh In On Bank of New York Mellon

A number of large investors have recently made changes to their positions in the stock. Revolve Wealth Partners LLC acquired a new stake in shares of Bank of New York Mellon during the 4th quarter valued at approximately $220,000. Parallel Advisors LLC grew its holdings in Bank of New York Mellon by 7.7% in the second quarter. Parallel Advisors LLC now owns 13,554 shares of the bank’s stock valued at $1,235,000 after purchasing an additional 965 shares during the last quarter. MassMutual Private Wealth & Trust FSB increased its position in shares of Bank of New York Mellon by 11.7% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 3,235 shares of the bank’s stock valued at $295,000 after buying an additional 338 shares in the last quarter. Czech National Bank raised its stake in shares of Bank of New York Mellon by 6.1% during the 2nd quarter. Czech National Bank now owns 174,877 shares of the bank’s stock worth $15,933,000 after buying an additional 10,037 shares during the last quarter. Finally, Fragasso Financial Advisors Inc acquired a new position in Bank of New York Mellon during the second quarter worth about $270,000. 85.31% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Bank of New York Mellon

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

• Positive Sentiment: Q4 beat — BK reported $2.08 EPS vs. $1.97 consensus and $5.18B revenue (above estimates); net interest income and fee income rose year‑over‑year, driving margin and profitability gains. MarketBeat Earnings
• Positive Sentiment: Analyst support — Bank of America Securities reiterated a Buy and kept a $142 price target, highlighting BNY’s AI-enabled franchise and upside to earnings/returns. TipRanks Analyst Note
• Positive Sentiment: Dividend maintained — Board declared a $0.53 quarterly common dividend (payable Feb 5), supporting the income profile for shareholders. PR Newswire Dividend Release
• Positive Sentiment: Management upgrades — CEO and management raised medium‑term profit targets and described the turnaround as taking hold, signaling confidence in execution and capital returns. CNBC Coverage
• Positive Sentiment: Lower short interest — December short interest fell ~16.9%, reducing an immediate source of downside pressure. Short Interest Note
• Neutral Sentiment: Shares recently reached an all‑time intraday high (~$122.40), reflecting strong market momentum into the print. Investing.com
• Neutral Sentiment: Full earnings materials and call/transcript available for deeper review (presentation, slides, call transcript). Seeking Alpha Presentation
• Negative Sentiment: Guidance caution — management and some coverage flagged a slowdown in revenue growth and that margin expansion may decelerate in 2026 as easy cost gains are exhausted, which caps upside expectations. Seeking Alpha Analysis
• Negative Sentiment: Mixed market reaction — some reports noted the stock slipped at one point despite the beat, suggesting profit‑taking or skepticism about forward momentum. TipRanks Market Reaction

About Bank of New York Mellon

Bank of New York Mellon Corporation (BNY Mellon) is a global financial services company headquartered in New York City that provides a wide range of asset servicing, custody, and related financial infrastructure solutions to institutional clients. Its core businesses include custody and asset servicing, clearing and collateral management, treasury services, securities lending, corporate trust services, and depositary receipt administration. The company also offers investment management and advisory services through its asset management arm and provides technology-enabled solutions for trade processing, foreign exchange, and liquidity management.

BNY Mellon serves a broad client base that includes asset managers, pension funds, corporations, banks, broker-dealers and sovereign entities.