Bank of New York Mellon Corporation (NYSE:BNY – Get Free Report) CEO Robin Vince sold 9,380 shares of Bank of New York Mellon stock in a transaction on Tuesday, October 27th. The stock was sold at an average price of $147.82, for a total transaction of $1,386,551.60. Following the sale, the chief executive officer directly owned 575,794 shares of the company’s stock, valued at $85,113,869.08. This represents a 1.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Bank of New York Mellon Stock Up 0.7%
Shares of NYSE:BNY opened at $148.56 on Thursday. Bank of New York Mellon Corporation has a 52-week low of $105.42 and a 52-week high of $165.84. The firm has a fifty day moving average of $151.99 and a 200 day moving average of $138.99. The firm has a market capitalization of $100.80 billion, a PE ratio of 16.42, a price-to-earnings-growth ratio of 0.97 and a beta of 1.06. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.72 and a current ratio of 0.72.
Bank of New York Mellon (NYSE:BNY – Get Free Report) last released its earnings results on Thursday, October 15th. The bank reported $2.37 EPS for the quarter, beating analysts’ consensus estimates of $2.26 by $0.11. Bank of New York Mellon had a return on equity of 16.57% and a net margin of 16.32%. The business had revenue of $5.68 billion for the quarter. Bank of New York Mellon’s revenue was up 11.7% compared to the same quarter last year. As a group, research analysts anticipate that Bank of New York Mellon Corporation will post 9.39 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: 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
Institutional Trading of Bank of New York Mellon
Several hedge funds have recently added to or reduced their stakes in BNY. BlackRock Inc. bought a new stake in Bank of New York Mellon in the second quarter valued at approximately $8,321,111,000. Bank of America Corp DE purchased a new stake in shares of Bank of New York Mellon during the second quarter valued at 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 during the second quarter valued at approximately $1,214,193,000. Wellington Management Group LLP purchased a new stake 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 in the second quarter worth approximately $985,533,000. 85.31% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several brokerages have recently commented on BNY. Keefe, Bruyette & Woods reiterated an “outperform” rating on shares of Bank of New York Mellon in a research report on Friday, October 16th. Bank of America boosted their target price on Bank of New York Mellon from $165.00 to $175.00 and gave the stock a “buy” rating in a research report on Monday, July 20th. Royal Bank Of Canada upped their target price on Bank of New York Mellon from $142.00 to $168.00 and gave the stock a “sector perform” rating in a research note on Thursday, July 16th. 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, October 16th. Finally, New Street Research set a $182.00 price target on shares of Bank of New York Mellon in a research note on Friday, October 16th. One equities research 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 stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $164.62.
Read Our Latest Stock Analysis on Bank of New York Mellon
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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