Bank of New York Mellon (NYSE:BK – Get Free Report) had its target price hoisted by investment analysts at Morgan Stanley from $124.00 to $132.00 in a report issued on Wednesday,Benzinga reports. The firm presently has an “overweight” rating on the bank’s stock. Morgan Stanley’s price objective indicates a potential upside of 6.60% from the company’s previous close.
BK has been the subject of several other research reports. Weiss Ratings reissued a “buy (b+)” rating on shares of Bank of New York Mellon in a research note on Monday, December 29th. Evercore ISI lifted their price objective on Bank of New York Mellon from $91.00 to $110.00 and gave the company an “in-line” rating in a research report on Tuesday, September 30th. New Street Research set a $143.00 price target on shares of Bank of New York Mellon in a research report on Wednesday. Wells Fargo & Company lifted their price objective on Bank of New York Mellon from $100.00 to $109.00 and gave the company an “equal weight” rating in a report on Friday, October 17th. Finally, TD Cowen raised their price target on shares of Bank of New York Mellon from $133.00 to $145.00 and gave the company a “buy” rating in a report on Wednesday, January 7th. Eleven analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, Bank of New York Mellon presently has a consensus rating of “Moderate Buy” and an average price target of $122.60.
Check Out Our Latest Research Report on BK
Bank of New York Mellon Stock Performance
Bank of New York Mellon (NYSE:BK – Get Free Report) last issued its earnings results on Friday, October 31st. The bank reported $1.91 EPS for the quarter. Bank of New York Mellon had a return on equity of 14.03% and a net margin of 12.86%.The company had revenue of $5.07 billion during the quarter. Analysts anticipate that Bank of New York Mellon will post 6.96 earnings per share for the current year.
Institutional Trading of Bank of New York Mellon
Several large investors have recently modified their holdings of BK. Exchange Traded Concepts LLC grew its position in Bank of New York Mellon by 4.9% in the 4th quarter. Exchange Traded Concepts LLC now owns 287,293 shares of the bank’s stock valued at $33,352,000 after purchasing an additional 13,448 shares during the period. Wealthcare Advisory Partners LLC grew its holdings in Bank of New York Mellon by 51.0% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 3,093 shares of the bank’s stock valued at $359,000 after purchasing an additional 1,045 shares during the period. Petros Family Wealth LLC lifted its stake in shares of Bank of New York Mellon by 5.5% during the 4th quarter. Petros Family Wealth LLC now owns 4,376 shares of the bank’s stock valued at $508,000 after buying an additional 230 shares in the last quarter. Leonard Rickey Investment Advisors P.L.L.C. boosted its stake in Bank of New York Mellon by 3.1% in the 4th quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 5,355 shares of the bank’s stock worth $622,000 after purchasing an additional 163 shares during the period. Finally, Accurate Wealth Management LLC boosted its holdings in Bank of New York Mellon by 8.1% in the 4th quarter. Accurate Wealth Management LLC now owns 7,492 shares of the bank’s stock valued at $892,000 after purchasing an additional 560 shares during the period. Institutional investors and hedge funds own 85.31% of the company’s stock.
Trending Headlines about Bank of New York Mellon
Here are the key news stories impacting Bank of New York Mellon this week:
- Positive Sentiment: Q4 beat — BK reported $2.08 EPS vs. $1.97 consensus and $5.18B revenue (above estimates); net interest income and fee income rose year‑over‑year, driving margin and profitability gains. MarketBeat Earnings
- Positive Sentiment: Analyst support — Bank of America Securities reiterated a Buy and kept a $142 price target, highlighting BNY’s AI-enabled franchise and upside to earnings/returns. TipRanks Analyst Note
- Positive Sentiment: Dividend maintained — Board declared a $0.53 quarterly common dividend (payable Feb 5), supporting the income profile for shareholders. PR Newswire Dividend Release
- Positive Sentiment: Management upgrades — CEO and management raised medium‑term profit targets and described the turnaround as taking hold, signaling confidence in execution and capital returns. CNBC Coverage
- Positive Sentiment: Lower short interest — December short interest fell ~16.9%, reducing an immediate source of downside pressure. Short Interest Note
- Neutral Sentiment: Shares recently reached an all‑time intraday high (~$122.40), reflecting strong market momentum into the print. Investing.com
- Neutral Sentiment: Full earnings materials and call/transcript available for deeper review (presentation, slides, call transcript). Seeking Alpha Presentation
- Negative Sentiment: Guidance caution — management and some coverage flagged a slowdown in revenue growth and that margin expansion may decelerate in 2026 as easy cost gains are exhausted, which caps upside expectations. Seeking Alpha Analysis
- Negative Sentiment: Mixed market reaction — some reports noted the stock slipped at one point despite the beat, suggesting profit‑taking or skepticism about forward momentum. TipRanks Market Reaction
Bank of New York Mellon Company Profile
Bank of New York Mellon Corporation (BNY Mellon) is a global financial services company headquartered in New York City that provides a wide range of asset servicing, custody, and related financial infrastructure solutions to institutional clients. Its core businesses include custody and asset servicing, clearing and collateral management, treasury services, securities lending, corporate trust services, and depositary receipt administration. The company also offers investment management and advisory services through its asset management arm and provides technology-enabled solutions for trade processing, foreign exchange, and liquidity management.
BNY Mellon serves a broad client base that includes asset managers, pension funds, corporations, banks, broker-dealers and sovereign entities.
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