Alejandro Perez Sells 12,504 Shares of BNY (NYSE:BK) Stock

BNY (NYSE:BK) EVP Alejandro Perez sold 12,504 shares of the firm’s stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $137.01, for a total value of $1,713,173.04. Following the sale, the executive vice president directly owned 62,613 shares of the company’s stock, valued at $8,578,607.13. This trade represents a 16.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

BNY Stock Up 1.9%

Shares of BK traded up $2.60 during midday trading on Tuesday, reaching $137.97. 4,530,242 shares of the stock were exchanged, compared to its average volume of 3,862,886. BNY has a 12-month low of $75.35 and a 12-month high of $139.15. The firm has a 50 day simple moving average of $120.45 and a 200-day simple moving average of $116.19. The company has a quick ratio of 0.71, a current ratio of 0.75 and a debt-to-equity ratio of 0.82. The company has a market cap of $94.96 billion, a price-to-earnings ratio of 17.10, a P/E/G ratio of 1.07 and a beta of 1.06.

BNY (NYSE:BK) last posted its quarterly earnings results on Thursday, April 16th. The bank reported $2.25 earnings per share for the quarter, topping analysts’ consensus estimates of $1.94 by $0.31. BNY had a return on equity of 15.29% and a net margin of 14.60%.The company had revenue of $5.41 billion during the quarter, compared to the consensus estimate of $5.14 billion. During the same period last year, the business earned $1.58 EPS. The business’s quarterly revenue was up 12.9% on a year-over-year basis. Research analysts forecast that BNY will post 8.52 EPS for the current year.

BNY Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Monday, April 27th will be paid a dividend of $0.53 per share. The ex-dividend date of this dividend is Monday, April 27th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 1.5%. BNY’s dividend payout ratio (DPR) is 26.27%.

Wall Street Analyst Weigh In

BK has been the subject of a number of recent research reports. New Street Research set a $143.00 price target on BNY in a research note on Wednesday, January 14th. Barclays increased their price objective on BNY from $143.00 to $149.00 and gave the company an “overweight” rating in a report on Friday. JPMorgan Chase & Co. increased their price objective on BNY from $128.50 to $130.50 and gave the company an “overweight” rating in a report on Tuesday, April 7th. Evercore set a $136.00 price objective on BNY in a report on Friday. Finally, Citigroup began coverage on BNY in a report on Monday, February 23rd. They set a “neutral” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, BNY presently has an average rating of “Moderate Buy” and a consensus target price of $137.35.

Key Headlines Impacting BNY

Here are the key news stories impacting BNY this week:

• Positive Sentiment: Analysts raised price targets on BK (two reported raises to $150 and $148), signaling stronger forward expectations and supporting upside momentum. BNY (NYSE:BK) Price Target Raised to $150.00 BNY (NYSE:BK) Price Target Raised to $148.00
• Positive Sentiment: Recent coverage highlights BK’s Q1 beat, AI gains and a $10B buyback that underpin earnings growth and shareholder return expectations — positive fundamentals that likely drove buying interest. Assessing Bank of New York Mellon Corporation (BK) Valuation After Q1 Beat AI Gains And $10b Buyback
• Neutral Sentiment: Unusual options activity: a large uptick in put purchases (15,757 puts, ~663% above normal) suggests some traders are hedging or expressing short-term caution; this raises short-term volatility risk but is not a direct company fundamental change.
• Negative Sentiment: Insider selling — multiple officers disclosed sales on April 17: EVP J. Kevin McCarthy sold 30,000 shares (~$4.1M; ~37% reduction). Large insider disposals can spook investors even if they’re for diversification or liquidity. SEC filing: McCarthy SEC Filing
• Negative Sentiment: Additional insider sales: VP Shannon Hobbs (297 shares) and insider Kurtis R. Kurimsky (5,290 shares) announced sales on the same date, adding to the overall insider sell narrative. SEC filings: Hobbs SEC Filing Kurimsky SEC Filing

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in BK. Ashton Thomas Private Wealth LLC grew its holdings in BNY by 133.2% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 91,762 shares of the bank’s stock valued at $9,998,000 after buying an additional 52,412 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in BNY by 35.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 31,848 shares of the bank’s stock valued at $3,487,000 after buying an additional 8,277 shares during the last quarter. First National Advisers LLC acquired a new stake in BNY in the 3rd quarter valued at approximately $3,304,000. National Pension Service grew its holdings in BNY by 3.1% in the 3rd quarter. National Pension Service now owns 2,053,278 shares of the bank’s stock valued at $223,725,000 after buying an additional 61,718 shares during the last quarter. Finally, First Horizon Corp acquired a new stake in BNY in the 3rd quarter valued at approximately $22,072,000. Institutional investors and hedge funds own 85.31% of the company’s stock.

BNY 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.