Bank of New York Mellon (NYSE:BNY) Hits New 52-Week High – Should You Buy?

Bank of New York Mellon Corporation (NYSE:BNY)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $155.09 and last traded at $154.23, with a volume of 513583 shares trading hands. The stock had previously closed at $151.27.

Key Stories Impacting Bank of New York Mellon

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

• Positive Sentiment: BNY delivered a sizable Q2 earnings and revenue beat, helped by stronger fee income and net interest income, which supports the stock’s advance. BNY Q2 Earnings Beat on Growth in NII & Fee Income, Dividend Hiked
• Positive Sentiment: The board raised the quarterly common dividend to $0.63 per share, signaling confidence in cash generation and capital strength. BNY Declares Dividends
• Positive Sentiment: BNY also issued full-year 2026 revenue guidance of $22.0 billion to $22.2 billion, above consensus, suggesting management expects the growth trend to continue. BNY Reports Second Quarter 2026 Results
• Positive Sentiment: Coverage upgrades and a new buy rating from Erste Group Bank added to bullish sentiment around the name. Finviz
• Neutral Sentiment: Investors are also watching the earnings call transcript and management commentary for clues on whether the strong quarter can be sustained into the second half. The Bank of New York Mellon Corporation (BNY) Q2 2026 Earnings Call Transcript
• Neutral Sentiment: The unusually large put-option activity suggests some traders are hedging after the stock’s sharp run-up, but it does not change the core earnings story.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the company. Keefe, Bruyette & Woods upped their price target on Bank of New York Mellon from $143.00 to $150.00 and gave the stock an “outperform” rating in a report on Friday, April 17th. Evercore set a $136.00 price objective on Bank of New York Mellon in a research report on Friday, April 17th. JPMorgan Chase & Co. upped their target price on Bank of New York Mellon from $140.00 to $149.00 and gave the stock an “overweight” rating in a research note on Monday, July 6th. Morgan Stanley increased their target price on Bank of New York Mellon from $135.00 to $139.00 and gave the company an “equal weight” rating in a research report on Friday, April 17th. Finally, Royal Bank Of Canada lifted their price target on shares of Bank of New York Mellon from $130.00 to $142.00 and gave the company a “sector perform” rating in a research note on Friday, April 17th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $143.46.

Bank of New York Mellon Price Performance

The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.75 and a current ratio of 0.75. The stock has a market capitalization of $111.59 billion, a PE ratio of 20.15, a price-to-earnings-growth ratio of 1.14 and a beta of 1.07. The stock’s 50 day moving average is $142.80 and its two-hundred day moving average is $129.26.

Bank of New York Mellon (NYSE:BNY) last posted its quarterly earnings data on Wednesday, July 15th. The bank reported $2.46 EPS for the quarter, topping the consensus estimate of $2.16 by $0.30. The company had revenue of $5.70 billion during the quarter, compared to analyst estimates of $5.35 billion. Bank of New York Mellon had a return on equity of 15.29% and a net margin of 14.60%.Bank of New York Mellon’s quarterly revenue was up 13.3% on a year-over-year basis. During the same period in the previous year, the business earned $1.93 EPS. On average, equities analysts anticipate that Bank of New York Mellon Corporation will post 8.94 EPS for the current fiscal year.

Insider Transactions at Bank of New York Mellon

In related news, VP Shannon Marie Hobbs sold 297 shares of the business’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $137.05, for a total transaction of $40,703.85. Following the completion of the sale, the vice president directly owned 15,206 shares in the company, valued at approximately $2,083,982.30. The trade was a 1.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Alejandro Perez sold 12,504 shares of the stock in a transaction on Friday, April 17th. The shares were sold at an average price of $137.01, for a total value of $1,713,173.04. Following the completion of the transaction, the executive vice president directly owned 62,613 shares of the company’s stock, valued at approximately $8,578,607.13. This represents a 16.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 48,091 shares of company stock valued at $6,568,423 over the last ninety days. Company insiders own 0.17% of the company’s stock.

Hedge Funds Weigh In On Bank of New York Mellon

Hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. lifted its stake in Bank of New York Mellon by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 71,319,884 shares of the bank’s stock worth $8,279,525,000 after purchasing an additional 647,847 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Bank of New York Mellon by 18,044.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 19,670,202 shares of the bank’s stock valued at $2,283,514,000 after purchasing an additional 19,561,793 shares during the last quarter. Norges Bank purchased a new position in Bank of New York Mellon during the fourth quarter worth approximately $1,398,624,000. Invesco Ltd. boosted its stake in Bank of New York Mellon by 8.2% during the fourth quarter. Invesco Ltd. now owns 7,680,429 shares of the bank’s stock worth $891,621,000 after buying an additional 578,999 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Bank of New York Mellon by 639.5% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 7,076,729 shares of the bank’s stock valued at $771,080,000 after buying an additional 6,119,749 shares in the last quarter. 85.31% of the stock is owned by hedge funds and other institutional investors.

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.