Bank of New York Mellon Corporation (NYSE:BNY – Get Free Report) was the target of unusually large options trading on Wednesday. Traders acquired 20,600 put options on the company. This is an increase of 410% compared to the average volume of 4,041 put options.
Bank of New York Mellon Stock Performance
NYSE:BNY opened at $160.73 on Friday. The stock has a 50 day simple moving average of $143.41 and a 200 day simple moving average of $129.56. The stock has a market cap of $110.32 billion, a P/E ratio of 18.71, a PEG ratio of 1.19 and a beta of 1.07. Bank of New York Mellon has a 1-year low of $95.13 and a 1-year high of $163.77. The company has a current ratio of 0.72, a quick ratio of 0.75 and a debt-to-equity ratio of 0.76.
Bank of New York Mellon (NYSE:BNY – Get Free Report) last issued its quarterly earnings data on Wednesday, July 15th. The bank reported $2.46 EPS for the quarter, beating analysts’ consensus estimates of $2.16 by $0.30. Bank of New York Mellon had a return on equity of 16.00% and a net margin of 15.52%.The firm had revenue of $5.70 billion for the quarter, compared to analyst estimates of $5.35 billion. During the same period in the prior year, the firm posted $1.93 EPS. The company’s revenue for the quarter was up 13.3% on a year-over-year basis. Research analysts anticipate that Bank of New York Mellon will post 8.94 earnings per share for the current year.
Institutional Trading of Bank of New York Mellon
Trending Headlines about Bank of New York Mellon
Here are the key news stories impacting Bank of New York Mellon this week:
- Positive Sentiment: BNY reported stronger-than-expected Q2 results, with EPS of $2.46 topping estimates and revenue of $5.70 billion beating forecasts, while revenue rose 13.3% year over year. BNY Reports Second Quarter 2026 Results
- Positive Sentiment: The company raised its quarterly common dividend by 19%, reinforcing confidence in cash generation and shareholder returns. BNY Declares Dividends
- Positive Sentiment: Multiple Wall Street firms raised price targets after the earnings release, including Barclays, Keefe, Bruyette & Woods, Truist, RBC, and Wells Fargo, which suggests analysts see more upside ahead. Analyst price target updates
- Neutral Sentiment: BNY announced pricing for a $500 million depositary shares offering tied to preferred stock, a move that adds capital but can also dilute returns for common shareholders. BNY Announces Pricing of Public Offering of $500,000,000 of Depositary Shares Representing Interests in Preferred Stock
- Neutral Sentiment: Commentary around BNY’s record revenue, AI initiatives, and improved business momentum supports the longer-term story, but these items are more background than immediate stock-moving catalysts. BNY Revenue Hits Record, Driving Stronger-Than-Expected Profit
- Negative Sentiment: Despite the beat, the stock has been pressured because the company’s improved 2026 outlook appears to have fallen short of the market’s elevated expectations. BNY Mellon trades lower despite strong Q2, improved 2026 guidance
- Negative Sentiment: Unusual demand for put options also suggests some traders were positioning for downside or hedging after the earnings announcement. Unusual options trading activity
Analysts Set New Price Targets
Several equities research analysts have issued reports on BNY shares. Wall Street Zen raised Bank of New York Mellon to a “hold” rating in a report on Saturday, May 23rd. JPMorgan Chase & Co. upped their price objective on shares of Bank of New York Mellon from $140.00 to $149.00 and gave the company an “overweight” rating in a report on Monday, July 6th. Weiss Ratings raised shares of Bank of New York Mellon from a “buy (a-)” rating to a “buy (a)” rating in a research report on Monday, May 4th. Wells Fargo & Company lifted their target price on shares of Bank of New York Mellon from $152.00 to $162.00 and gave the stock an “equal weight” rating in a report on Thursday. Finally, Morgan Stanley upped their price target on shares of Bank of New York Mellon from $135.00 to $139.00 and gave the company an “equal weight” rating in a research note on Friday, April 17th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $152.85.
Read Our Latest Stock Analysis on Bank of New York Mellon
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.
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