Bank of New York Mellon (NYSE:BK) Shares Purchased Rep. Jonathan L. Jackson

Representative Jonathan L. Jackson (Democratic-Illinois) recently bought shares of The Bank of New York Mellon Corporation (NYSE:BK). In a filing disclosed on March 12th, the Representative disclosed that they had bought between $50,001 and $100,000 in Bank of New York Mellon stock on February 17th. The trade occurred in the Representative’s “MORGAN STANLEY TRUST ACCOUNT” account.

Representative Jonathan L. Jackson also recently made the following trade(s):

• Sold $50,001 – $100,000 in shares of International Business Machines (NYSE:IBM) on 2/17/2026.
• Purchased $1,001 – $15,000 in shares of Bank of New York Mellon (NYSE:BK) on 2/17/2026.
• Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 2/17/2026.
• Purchased $1,001 – $15,000 in shares of Citigroup (NYSE:C) on 2/11/2026.
• Sold $1,001 – $15,000 in shares of Tenet Healthcare (NYSE:THC) on 2/11/2026.
• Purchased $1,001 – $15,000 in shares of Welltower (NYSE:WELL) on 2/11/2026.
• Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 2/11/2026.
• Purchased $50,001 – $100,000 in shares of Citigroup (NYSE:C) on 2/5/2026.
• Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 2/5/2026.
• Sold $50,001 – $100,000 in shares of Palo Alto Networks (NASDAQ:PANW) on 2/5/2026.

Bank of New York Mellon Stock Up 0.6%

Bank of New York Mellon stock traded up $0.71 during mid-day trading on Wednesday, hitting $118.61. The company had a trading volume of 413,434 shares, compared to its average volume of 3,743,575. The Bank of New York Mellon Corporation has a 12 month low of $70.46 and a 12 month high of $128.76. The company has a market capitalization of $81.63 billion, a PE ratio of 16.00, a price-to-earnings-growth ratio of 1.09 and a beta of 1.10. The stock’s 50 day moving average price is $118.94 and its two-hundred day moving average price is $113.80. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.81.

Bank of New York Mellon (NYSE:BK) last issued its quarterly earnings results on Tuesday, January 13th. The bank reported $2.08 earnings per share for the quarter, beating the consensus estimate of $1.97 by $0.11. The firm had revenue of $5.18 billion during the quarter, compared to the consensus estimate of $5.11 billion. Bank of New York Mellon had a return on equity of 14.37% and a net margin of 13.62%.The company’s revenue was up 6.8% on a year-over-year basis. During the same period last year, the company earned $1.72 earnings per share. As a group, sell-side analysts anticipate that The Bank of New York Mellon Corporation will post 6.96 earnings per share for the current fiscal year.

Bank of New York Mellon Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 5th. Shareholders of record on Friday, January 23rd were paid a dividend of $0.53 per share. The ex-dividend date was Friday, January 23rd. This represents a $2.12 dividend on an annualized basis and a yield of 1.8%. Bank of New York Mellon’s payout ratio is presently 28.61%.

Hedge Funds Weigh In On Bank of New York Mellon

Several hedge funds and other institutional investors have recently modified their holdings of BK. Rockefeller Capital Management L.P. boosted its stake in shares of Bank of New York Mellon by 17.9% in the 4th quarter. Rockefeller Capital Management L.P. now owns 141,899 shares of the bank’s stock worth $16,473,000 after buying an additional 21,506 shares during the last quarter. World Investment Advisors increased its position in Bank of New York Mellon by 14.4% during the fourth quarter. World Investment Advisors now owns 72,285 shares of the bank’s stock valued at $8,391,000 after acquiring an additional 9,105 shares during the last quarter. Advisortrust Partners LLC purchased a new stake in Bank of New York Mellon during the fourth quarter valued at $207,000. Corient Private Wealth LLC lifted its holdings in Bank of New York Mellon by 8.1% in the fourth quarter. Corient Private Wealth LLC now owns 257,048 shares of the bank’s stock valued at $29,822,000 after acquiring an additional 19,341 shares during the period. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in Bank of New York Mellon in the fourth quarter worth about $84,000. 85.31% of the stock is owned by institutional investors.

Analysts Set New Price Targets

BK has been the topic of several recent analyst reports. Truist Financial raised shares of Bank of New York Mellon from a “hold” rating to a “buy” rating and increased their price objective for the company from $119.00 to $134.00 in a research report on Wednesday, January 7th. Keefe, Bruyette & Woods lifted their target price on shares of Bank of New York Mellon from $132.00 to $143.00 and gave the stock an “outperform” rating in a report on Wednesday, January 14th. Barclays increased their price target on shares of Bank of New York Mellon from $120.00 to $143.00 and gave the company an “overweight” rating in a report on Monday, January 5th. Royal Bank Of Canada raised their price target on shares of Bank of New York Mellon from $124.00 to $130.00 and gave the company a “sector perform” rating in a research report on Wednesday, January 14th. Finally, Wells Fargo & Company boosted their price objective on shares of Bank of New York Mellon from $119.00 to $122.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 14th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $131.92.

About Representative Jackson

Jonathan Jackson (Democratic Party) is a member of the U.S. House, representing Illinois’ 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Jackson (Democratic Party) is running for re-election to the U.S. House to represent Illinois’ 1st Congressional District. He declared candidacy for the 2026 election.

Jonathan Jackson was born in Chicago, Illinois. Jackson graduated from Whitney Young High School. He earned an M.B.A. from Northwestern University. Jackson’s career experience includes working as an investment analyst and an entrepreneur.

About Bank of New York Mellon

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.