Bank of New York Mellon Corporation $BNY Stock Sold by Curated Wealth Partners LLC

Curated Wealth Partners LLC trimmed its holdings in Bank of New York Mellon Corporation (NYSE:BNY) by 96.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,527 shares of the bank’s stock after selling 104,250 shares during the quarter. Curated Wealth Partners LLC’s holdings in Bank of New York Mellon were worth $510,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. McGlone Suttner Wealth Management Inc. boosted its holdings in Bank of New York Mellon by 0.8% during the 3rd quarter. McGlone Suttner Wealth Management Inc. now owns 10,071 shares of the bank’s stock valued at $1,457,000 after acquiring an additional 77 shares during the period. Cornerstone Financial Management LLC grew its position in Bank of New York Mellon by 11.4% in the 2nd quarter. Cornerstone Financial Management LLC now owns 784 shares of the bank’s stock valued at $113,000 after acquiring an additional 80 shares during the last quarter. Riversedge Advisors LLC grew its position in Bank of New York Mellon by 3.1% in the 3rd quarter. Riversedge Advisors LLC now owns 3,035 shares of the bank’s stock valued at $439,000 after acquiring an additional 92 shares during the last quarter. Eastern Bank increased its stake in Bank of New York Mellon by 12.4% in the third quarter. Eastern Bank now owns 1,043 shares of the bank’s stock worth $151,000 after purchasing an additional 115 shares during the period. Finally, Rockland Trust Co. increased its stake in Bank of New York Mellon by 7.6% in the third quarter. Rockland Trust Co. now owns 2,542 shares of the bank’s stock worth $368,000 after purchasing an additional 180 shares during the period. 85.31% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. New Street Research set a $182.00 target price on Bank of New York Mellon in a research report on Friday. Weiss Ratings cut shares of Bank of New York Mellon from a “buy (a)” rating to a “buy (a-)” rating in a report on Thursday, August 13th. Wells Fargo & Company raised their price target on shares of Bank of New York Mellon from $152.00 to $162.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 16th. Keefe, Bruyette & Woods reaffirmed an “outperform” rating on shares of Bank of New York Mellon in a research note on Friday. Finally, Argus raised their price objective on Bank of New York Mellon from $153.00 to $180.00 and gave the stock a “buy” rating in a report on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have given a Hold rating to the company. According to MarketBeat, Bank of New York Mellon presently has an average rating of “Moderate Buy” and a consensus price target of $164.85.

Key Headlines Impacting Bank of New York Mellon

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

Insider Transactions at Bank of New York Mellon

In other news, CFO Dermot Mcdonogh sold 31,800 shares of the firm’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $155.26, for a total value of $4,937,268.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Jose Minaya sold 3,520 shares of Bank of New York Mellon 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 $26,309,642.96. The trade was a 1.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 38,840 shares of company stock valued at $6,033,502 over the last quarter. 0.17% of the stock is currently owned by corporate insiders.

Bank of New York Mellon Trading Up 0.8%

Shares of NYSE:BNY opened at $143.25 on Friday. Bank of New York Mellon Corporation has a 12-month low of $103.11 and a 12-month high of $165.84. The business’s fifty day simple moving average is $154.70 and its 200-day simple moving average is $146.36. The company has a market capitalization of $97.20 billion, a PE ratio of 15.83, a P/E/G ratio of 1.10 and a beta of 1.06. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.86.

Bank of New York Mellon (NYSE:BNY) last issued its quarterly earnings data 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 return on equity of 16.57% and a net margin of 16.32%. The firm had revenue of $5.68 billion during the quarter. The business’s quarterly revenue was up 11.7% on a year-over-year basis. As a group, equities research analysts predict that Bank of New York Mellon Corporation will post 9.28 earnings per share for the current fiscal year.

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.