Bank of New York Mellon Corporation $BNY Shares Newly Bought by Vise Technologies Inc.

Vise Technologies Inc. acquired a new position in Bank of New York Mellon Corporation (NYSE:BNY) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 67,730 shares of the bank’s stock, valued at approximately $9,796,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. BlackRock Inc. bought a new stake in shares of Bank of New York Mellon in the 2nd quarter valued at about $8,321,111,000. Bank of America Corp DE purchased a new stake in shares of Bank of New York Mellon in the 2nd quarter worth approximately $2,499,438,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of Bank of New York Mellon in the 2nd quarter worth approximately $1,214,193,000. Wellington Management Group LLP bought a new position in shares of Bank of New York Mellon during the second quarter valued at approximately $1,175,576,000. Finally, Amundi bought a new position in shares of Bank of New York Mellon during the second quarter valued at approximately $985,533,000. 85.31% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Bank of New York Mellon

In related news, CEO Robin Vince sold 40,620 shares of the company’s stock in a transaction dated 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 transaction, the chief executive officer directly owned 585,174 shares of the company’s stock, valued at $86,494,568.94. This represents a 6.49% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, VP Jose Minaya sold 3,520 shares of the company’s stock in a transaction dated Tuesday, October 27th. The shares were sold at an average price of $147.81, for a total value of $520,291.20. Following the transaction, the vice president directly owned 173,304 shares in the company, valued at $25,616,064.24. This represents a 1.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 60,560 shares of company stock worth $9,007,119. 0.17% of the stock is owned by company insiders.

Bank of New York Mellon Trading Down 0.1%

NYSE:BNY opened at $147.02 on Monday. The stock has a market capitalization of $99.75 billion, a price-to-earnings ratio of 16.25, a PEG ratio of 0.98 and a beta of 1.06. Bank of New York Mellon Corporation has a 52 week low of $105.42 and a 52 week high of $165.84. 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 of $151.57 and a 200 day moving average of $139.28.

Bank of New York Mellon (NYSE:BNY) last released its quarterly earnings results on Thursday, October 15th. The bank reported $2.37 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $5.68 billion for the quarter. The firm’s quarterly revenue was up 11.7% compared to the same quarter last year. As a group, sell-side analysts anticipate that Bank of New York Mellon Corporation will post 9.39 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

BNY has been the topic of several research reports. JPMorgan Chase & Co. lifted their price objective on shares of Bank of New York Mellon from $161.00 to $166.50 and gave the company an “overweight” rating in a report on Friday. Truist Financial lowered their target price on Bank of New York Mellon from $172.00 to $165.00 and set a “buy” rating for the company in a report on Friday, October 16th. Bank of America increased their target price on Bank of New York Mellon from $165.00 to $175.00 and gave the company a “buy” rating in a research report on Monday, July 20th. Barclays lifted their price target on Bank of New York Mellon from $149.00 to $178.00 and gave the company an “overweight” rating in a report on Thursday, July 16th. Finally, Zacks Research lowered Bank of New York Mellon from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 7th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $165.04.

Bank of New York Mellon News Roundup

Here are the key news stories impacting Bank of New York Mellon this week:

• Positive Sentiment: JPMorgan raised its price target for BNY from $161.00 to $166.50 and maintained an “overweight” rating. The new target implies approximately 13.2% upside from the referenced share price, potentially supporting investor confidence.
• Positive Sentiment: BNY’s latest quarterly results exceeded expectations: earnings per share reached $2.37 versus the $2.26 consensus estimate, while revenue increased 11.7% year over year to $5.68 billion. Analysts expect approximately $9.39 in full-year EPS.
• Positive Sentiment: The company’s expanded collaboration with Ripple in digital-asset custody and tokenized trade finance could create longer-term growth opportunities in institutional custody and transaction services. BNY and Ripple collaboration article
• Neutral Sentiment: BNY trades below the broader analyst consensus target of $164.62, with one Strong Buy, seven Buy and six Hold ratings. However, valuation commentary suggests the shares are close to fair value after a substantial 268% run, limiting the potential for further multiple expansion. BNY valuation analysis
• Neutral Sentiment: Institutional ownership remains high at approximately 85%, and several funds recently increased their positions. This provides a supportive ownership backdrop, though it is not necessarily a new catalyst for the shares.
• Negative Sentiment: CEO Robin Vince sold shares in multiple transactions, including 9,380 shares valued at approximately $1.39 million; reports also cite combined sales of 50,000 shares worth about $7.39 million over October 26–27. Vice President Jose Minaya separately sold 3,520 shares worth approximately $520,000. Although these transactions may be routine or scheduled, the reduction in insider holdings could weigh on sentiment. BNY insider selling report

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.