Investors Buy High Volume of Put Options on Bank of New York Mellon (NYSE:BNY)

Bank of New York Mellon Corporation (NYSE:BNY) saw unusually large options trading on Wednesday. Investors purchased 20,600 put options on the stock. This represents an increase of 410% compared to the average daily volume of 4,041 put options.

Key Headlines 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.

Analyst Ratings Changes

Several equities research analysts have issued reports on BNY shares. Truist Financial lifted their price target on shares of Bank of New York Mellon from $140.00 to $148.00 and gave the company a “buy” rating in a research note on Friday, April 17th. Morgan Stanley raised their price target on Bank of New York Mellon from $135.00 to $139.00 and gave the company an “equal weight” rating in a research note on Friday, April 17th. Barclays boosted their price target on Bank of New York Mellon from $143.00 to $149.00 and gave the stock an “overweight” rating in a research report on Friday, April 17th. Royal Bank Of Canada upped their price objective on Bank of New York Mellon from $130.00 to $142.00 and gave the stock a “sector perform” rating in a research note on Friday, April 17th. Finally, Wall Street Zen raised Bank of New York Mellon to a “hold” rating in a report on Saturday, May 23rd. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $143.46.

Bank of New York Mellon Stock Performance

Shares of NYSE:BNY opened at $162.58 on Thursday. The company’s 50 day moving average price is $142.80 and its two-hundred day moving average price is $129.26. Bank of New York Mellon has a 12-month low of $93.37 and a 12-month high of $162.73. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.82. The firm has a market cap of $111.59 billion, a PE ratio of 20.15, a PEG ratio of 1.14 and a beta of 1.07.

Bank of New York Mellon (NYSE:BNY) last announced its quarterly earnings data on Wednesday, July 15th. The bank reported $2.46 earnings per share for the quarter, beating the consensus estimate of $2.16 by $0.30. The firm had revenue of $5.70 billion during the quarter, compared to analysts’ expectations of $5.35 billion. Bank of New York Mellon had a return on equity of 15.29% and a net margin of 14.60%.The company’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.93 EPS. Equities research analysts predict that Bank of New York Mellon will post 8.94 earnings per share for the current year.

Insiders Place Their Bets

In other Bank of New York Mellon news, insider Kurtis R. Kurimsky sold 5,290 shares of the stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $136.02, for a total transaction of $719,545.80. Following the completion of the transaction, the insider owned 17,259 shares in the company, valued at approximately $2,347,569.18. This represents a 23.46% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Alejandro Perez sold 12,504 shares of the business’s stock in a transaction that occurred 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 sale, the executive vice president owned 62,613 shares in the company, valued at $8,578,607.13. The trade was a 16.65% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 48,091 shares of company stock valued at $6,568,423 over the last 90 days. 0.17% of the stock is owned by company insiders.

Institutional Investors Weigh In On Bank of New York Mellon

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

Bank of New York Mellon Company Profile

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.