Bank of New York Mellon Corporation $BNY Stock Purchased by NFSG Corp

NFSG Corp raised its holdings in shares of Bank of New York Mellon Corporation (NYSE:BNY) by 588.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,385 shares of the bank’s stock after purchasing an additional 3,748 shares during the period. NFSG Corp’s holdings in Bank of New York Mellon were worth $634,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Detalus Advisors LLC raised its position in shares of Bank of New York Mellon by 294.5% during the 3rd quarter. Detalus Advisors LLC now owns 7,287 shares of the bank’s stock valued at $1,054,000 after acquiring an additional 5,440 shares during the last quarter. Guyasuta Investment Advisors Inc. boosted its position in shares of Bank of New York Mellon by 70.4% in the 3rd quarter. Guyasuta Investment Advisors Inc. now owns 33,971 shares of the bank’s stock worth $4,913,000 after purchasing an additional 14,036 shares during the last quarter. Murphy Middleton Hinkle & Parker Inc. boosted its position in shares of Bank of New York Mellon by 231.9% in the 3rd quarter. Murphy Middleton Hinkle & Parker Inc. now owns 7,958 shares of the bank’s stock worth $1,151,000 after purchasing an additional 5,560 shares during the last quarter. AdvisorNet Financial Inc grew its stake in shares of Bank of New York Mellon by 5.1% during the third quarter. AdvisorNet Financial Inc now owns 39,350 shares of the bank’s stock worth $5,595,000 after purchasing an additional 1,919 shares during the period. Finally, Assenagon Asset Management S.A. grew its stake in shares of Bank of New York Mellon by 1,305.8% during the third quarter. Assenagon Asset Management S.A. now owns 683,117 shares of the bank’s stock worth $98,799,000 after purchasing an additional 634,525 shares during the period. 85.31% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Bank of New York Mellon

In related news, VP Jose Minaya sold 3,520 shares of the firm’s stock in a transaction on Monday, September 28th. The stock was sold at an average price of $148.79, for a total transaction of $523,740.80. Following the sale, the vice president owned 176,824 shares of the company’s stock, valued at approximately $26,309,642.96. This trade represents a 1.95% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Dermot Mcdonogh sold 31,800 shares of Bank of New York Mellon stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $155.26, for a total value of $4,937,268.00. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 38,840 shares of company stock worth $6,033,502 in the last ninety days. 0.17% of the stock is currently owned by company insiders.

Bank of New York Mellon Trading Up 0.8%

BNY traded up $1.16 during mid-day trading on Friday, hitting $143.25. The stock had a trading volume of 6,080,091 shares, compared to its average volume of 4,283,916. The stock’s fifty day simple moving average is $154.70 and its 200-day simple moving average is $146.36. 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 firm has a market capitalization of $97.20 billion, a price-to-earnings ratio of 15.83, a price-to-earnings-growth ratio of 1.10 and a beta of 1.06. Bank of New York Mellon Corporation has a 1-year low of $103.11 and a 1-year high of $165.84.

Bank of New York Mellon (NYSE:BNY) last announced its quarterly earnings results on Thursday, October 15th. The bank reported $2.37 earnings per share for the quarter, topping analysts’ consensus estimates of $2.26 by $0.11. Bank of New York Mellon had a net margin of 16.32% and a return on equity of 16.57%. The company had revenue of $5.68 billion for the quarter. Bank of New York Mellon’s revenue for the quarter was up 11.7% compared to the same quarter last year. As a group, research analysts forecast that Bank of New York Mellon Corporation will post 9.28 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on BNY shares. Truist Financial dropped their price objective on Bank of New York Mellon from $172.00 to $165.00 and set a “buy” rating for the company in a report on Friday. Zacks Research cut Bank of New York Mellon from a “strong-buy” rating to a “hold” rating in a report on Monday, September 7th. Citigroup reduced their target price on Bank of New York Mellon from $172.00 to $160.00 and set a “neutral” rating on the stock in a report on Monday, October 5th. New Street Research set a $182.00 target price on Bank of New York Mellon in a research report on Friday. Finally, Weiss Ratings cut Bank of New York Mellon from a “buy (a)” rating to a “buy (a-)” rating in a research note on Thursday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $164.85.

More Bank of New York Mellon News

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

• Positive Sentiment: Q3 earnings and revenue exceeded expectations. BNY reported quarterly earnings of approximately $2.37 per share, above the $2.26 analyst consensus, while revenue reached $5.68 billion, up 11.7% year over year. Net income and EPS rose sharply, supported by higher fee revenue, net interest income and expanding asset balances. BNY Q3 Earnings Beat Estimates on Fee Income and NII Growth
• Positive Sentiment: Management raised its outlook. BNY increased its 2026 revenue-growth and operating-leverage expectations, citing strong operating momentum, adoption of artificial intelligence and growth across securities services. Assets under custody and administration reportedly reached $63.4 trillion, reinforcing the company’s scale advantage. BNY Q3 Earnings Call Highlights Raised Outlook and AI Push
• Positive Sentiment: Shareholder returns and strategic initiatives support sentiment. BNY declared a $0.63 quarterly common-stock dividend, and the company announced the VeriCORE initiative with SFA and Snapdocs to modernize asset-backed-securities market infrastructure. BNY Declares Dividends
• Neutral Sentiment: Truist remains bullish but reduced its price target. Truist maintained a “buy” rating while lowering its target from $172 to $165, suggesting continued upside but also a more cautious valuation outlook.
• Neutral Sentiment: CEO Robin Vince said a potential 5.25% 10-year Treasury yield would not be historically unusual. The comments may ease concerns about interest-rate conditions, but they do not materially change BNY’s earnings outlook. US 10-year Treasury Yield Levels Not Unprecedented
• Negative Sentiment: Expenses and AI investment remain risks. Although AI is being embedded throughout the business, BNY has not disclosed the associated costs. Rising expenses could limit the benefit of revenue growth and operating leverage. While Embedding AI Everywhere, BNY Won’t Disclose Costs

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.