Bank of New York Mellon Corporation $BNY Stock: NFSG Corp Increases Holdings

NFSG Corp raised its stake in Bank of New York Mellon Corporation (NYSE:BNY) by 588.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 4,385 shares of the bank’s stock after buying an additional 3,748 shares during the quarter. NFSG Corp’s holdings in Bank of New York Mellon were worth $634,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. Detalus Advisors LLC boosted its stake in Bank of New York Mellon by 294.5% in the 3rd quarter. Detalus Advisors LLC now owns 7,287 shares of the bank’s stock worth $1,054,000 after purchasing an additional 5,440 shares during the period. Guyasuta Investment Advisors Inc. increased its holdings in Bank of New York Mellon by 70.4% during 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 in the last quarter. Murphy Middleton Hinkle & Parker Inc. increased its holdings in Bank of New York Mellon by 231.9% during 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 in the last quarter. AdvisorNet Financial Inc increased its holdings in Bank of New York Mellon by 5.1% during the 3rd 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 in the last quarter. Finally, Assenagon Asset Management S.A. raised its stake in shares of Bank of New York Mellon by 1,305.8% in the 3rd quarter. Assenagon Asset Management S.A. now owns 683,117 shares of the bank’s stock valued at $98,799,000 after purchasing an additional 634,525 shares during the period. Institutional investors own 85.31% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently commented on BNY. Bank of America boosted their price target on Bank of New York Mellon from $165.00 to $175.00 and gave the company a “buy” rating in a report on Monday, July 20th. New Street Research set a $182.00 price objective on Bank of New York Mellon in a research report on Friday. Weiss Ratings lowered Bank of New York Mellon from a “buy (a)” rating to a “buy (a-)” rating in a research report on Thursday, August 13th. Citigroup dropped 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 research report on Monday, October 5th. Finally, Erste Group Bank began coverage on Bank of New York Mellon in a research note on Wednesday, July 15th. They issued a “buy” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $164.85.

Bank of New York Mellon Stock Up 0.8%

BNY stock traded up $1.16 during midday trading on Friday, hitting $143.25. The company’s stock had a trading volume of 6,080,091 shares, compared to its average volume of 4,283,916. The company’s fifty day moving average price is $154.70 and its 200 day moving average price 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. Bank of New York Mellon Corporation has a twelve month low of $103.11 and a twelve month high of $165.84. The stock has a market capitalization of $97.20 billion, a P/E ratio of 15.83, a PEG ratio of 1.10 and a beta of 1.06.

Bank of New York Mellon (NYSE:BNY) last posted its quarterly earnings data on Thursday, October 15th. The bank reported $2.37 EPS for the quarter, topping analysts’ consensus estimates of $2.26 by $0.11. The company had revenue of $5.68 billion during the quarter. Bank of New York Mellon had a net margin of 16.32% and a return on equity of 16.57%. The business’s revenue for the quarter 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 EPS for the current year.

Insider Activity

In related news, VP Jose Minaya sold 3,520 shares of the company’s stock in a transaction dated 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 in the company, valued at approximately $26,309,642.96. This represents a 1.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Dermot Mcdonogh sold 31,800 shares of the stock in a transaction that occurred on Wednesday, July 29th. The shares were 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 38,840 shares of company stock worth $6,033,502 in the last quarter. 0.17% of the stock is currently owned by corporate insiders.

Key Stories 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

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.