Bank of New York Mellon Corporation (NYSE:BNY – Get Free Report) CEO Robin Vince sold 40,620 shares of Bank of New York Mellon stock in a transaction that occurred on Monday, October 26th. The stock was sold at an average price of $147.81, for a total transaction of $6,004,042.20. Following the completion of the sale, the chief executive officer owned 585,174 shares of the company’s stock, valued at $86,494,568.94. This represents a 6.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Bank of New York Mellon Stock Up 0.7%
BNY opened at $148.56 on Thursday. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.86. The firm has a 50 day moving average price of $151.99 and a 200-day moving average price of $138.99. Bank of New York Mellon Corporation has a twelve month low of $105.42 and a twelve month high of $165.84. The stock has a market capitalization of $100.80 billion, a price-to-earnings ratio of 16.42, a PEG ratio of 0.97 and a beta of 1.06.
Bank of New York Mellon (NYSE:BNY – Get Free Report) last issued its quarterly earnings data on Thursday, October 15th. The bank reported $2.37 earnings per share for the quarter, beating 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. The business’s revenue for the quarter was up 11.7% compared to the same quarter last year. Equities research analysts forecast that Bank of New York Mellon Corporation will post 9.39 earnings per share for the current year.
Key Stories Impacting Bank of New York Mellon
Here are the key news stories impacting Bank of New York Mellon this week:
- Positive Sentiment: BNY expanded its strategic collaboration with Ripple across digital-asset custody and tokenized trade finance. The agreement could strengthen BNY’s position in institutional digital assets and create longer-term growth opportunities in custody and transaction services. Ripple Expands Strategic Digital Assets Collaboration with BNY Across Custody and Tokenized Trade Finance
- Positive Sentiment: BNY CFO Dermot McDonogh discussed business growth and an AI strategy focused on avoiding excessive technology spending. Investors may view disciplined AI investment and cost control favorably, particularly as the bank seeks efficiency gains without overspending. BNY CFO on AI Strategy, Business Growth
- Neutral Sentiment: BNY announced that its CFO will speak at the BMO Financials Conference on November 9. The event could provide updated guidance on growth, capital allocation and digital assets, but the announcement itself does not change current fundamentals. BNY to Speak at the BMO Financials Conference
- Neutral Sentiment: BNY Mellon’s Dynamic Value Fund and Appreciation Fund released third-quarter commentaries. These publications may offer investor perspectives but do not represent a new corporate operating or financial development. BNY Mellon Dynamic Value Fund Q3 2026 Commentary BNY Mellon Appreciation Fund Q3 2026 Commentary
- Negative Sentiment: CEO Robin A. Vince sold a combined 50,000 BNY shares for approximately $7.39 million over October 26–27, reducing his direct holdings by roughly 8%. Although insider sales can be routine, the sizable transactions may weigh on sentiment because they signal reduced personal exposure by the chief executive. SEC Insider Ownership Filing
Analyst Upgrades and Downgrades
A number of research firms have recently issued reports on BNY. Weiss Ratings downgraded Bank of New York Mellon from a “buy (a)” rating to a “buy (a-)” rating in a research note on Thursday, August 13th. Bank of America lifted their price objective on Bank of New York Mellon from $165.00 to $175.00 and gave the stock a “buy” rating in a report on Monday, July 20th. Erste Group Bank initiated coverage on Bank of New York Mellon in a research report on Wednesday, July 15th. They set a “buy” rating for the company. Argus increased their target price on Bank of New York Mellon from $153.00 to $180.00 and gave the company a “buy” rating in a report on Wednesday, July 22nd. Finally, Wells Fargo & Company raised their target price on Bank of New York Mellon from $152.00 to $162.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 16th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $164.62.
View Our Latest Report on Bank of New York Mellon
Institutional Investors Weigh In On Bank of New York Mellon
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. bought a new position in shares of Bank of New York Mellon during the 2nd quarter valued at about $8,321,111,000. Bank of America Corp DE bought a new stake in shares of Bank of New York Mellon in the second quarter worth about $2,499,438,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of Bank of New York Mellon in the second quarter worth about $1,214,193,000. Wellington Management Group LLP bought a new stake in shares of Bank of New York Mellon in the second quarter worth about $1,175,576,000. Finally, Amundi purchased a new stake in shares of Bank of New York Mellon in the second quarter worth about $985,533,000. Institutional investors own 85.31% 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.
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