Bank of New York Mellon Corporation $BNY Stock Bought by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. increased its holdings in Bank of New York Mellon Corporation (NYSE:BNY) by 29.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 788,185 shares of the bank’s stock after acquiring an additional 177,157 shares during the quarter. TD Waterhouse Canada Inc. owned approximately 0.12% of Bank of New York Mellon worth $121,681,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the business. Focus Partners Advisor Solutions LLC acquired a new stake in Bank of New York Mellon in the second quarter valued at $1,128,000. Northwestern Mutual Wealth Management Co. bought a new position in Bank of New York Mellon during the 2nd quarter valued at $13,234,000. Engineers Gate Manager LP acquired a new position in Bank of New York Mellon during the 2nd quarter worth $1,264,000. Corient Private Wealth LP acquired a new position in Bank of New York Mellon during the 2nd quarter worth $48,434,000. Finally, HB Wealth Management LLC acquired a new position in Bank of New York Mellon during the 2nd quarter worth $6,238,000. Institutional investors and hedge funds own 85.31% of the company’s stock.

Bank of New York Mellon Stock Performance

BNY stock traded up $1.16 during trading on Friday, hitting $143.25. 6,080,091 shares of the company’s stock traded hands, compared to its average volume of 4,283,916. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.86. Bank of New York Mellon Corporation has a 52 week low of $103.11 and a 52 week high of $165.84. The stock has a fifty day moving average price of $154.70 and a two-hundred day moving average price of $146.36. The stock 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 (NYSE:BNY) last issued its 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, equities analysts anticipate that Bank of New York Mellon Corporation will post 9.28 EPS for the current fiscal year.

Key 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

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Zacks Research lowered shares of Bank of New York Mellon from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 7th. Truist Financial reduced their price target on shares of Bank of New York Mellon from $172.00 to $165.00 and set a “buy” rating on the stock in a research report on Friday. TD Cowen initiated coverage on Bank of New York Mellon in a research note on Thursday, October 8th. They issued a “hold” rating and a $160.00 price target for the company. Weiss Ratings lowered Bank of New York Mellon from a “buy (a)” rating to a “buy (a-)” rating in a report on Thursday, August 13th. Finally, Keefe, Bruyette & Woods reissued an “outperform” rating on shares of Bank of New York Mellon in a report on Friday. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $164.85.

Insider Activity

In related news, CFO Dermot Mcdonogh sold 31,800 shares of the business’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $155.26, for a total transaction of $4,937,268.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, VP Jose Minaya sold 3,520 shares of the business’s stock in a transaction dated Monday, September 28th. The shares were sold at an average price of $148.79, for a total transaction of $523,740.80. Following the sale, the vice president directly owned 176,824 shares of the company’s stock, valued at approximately $26,309,642.96. This represents a 1.95% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 38,840 shares of company stock valued at $6,033,502 over the last ninety days. Company insiders own 0.17% of the company’s stock.

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.