Citigroup Increases Bank of New York Mellon (NYSE:BK) Price Target to $136.00

Bank of New York Mellon (NYSE:BK) had its price target hoisted by analysts at Citigroup from $120.00 to $136.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has a “neutral” rating on the bank’s stock. Citigroup’s target price indicates a potential upside of 9.30% from the company’s current price.

Several other equities analysts have also recently weighed in on the company. Truist Financial raised shares of Bank of New York Mellon from a “hold” rating to a “buy” rating and upped their price target for the company from $119.00 to $134.00 in a research report on Wednesday, January 7th. Royal Bank Of Canada upped their price target on Bank of New York Mellon from $124.00 to $130.00 and gave the stock a “sector perform” rating in a research report on Wednesday. BMO Capital Markets began coverage on Bank of New York Mellon in a report on Friday, October 3rd. They issued an “outperform” rating and a $125.00 price target for the company. TD Cowen increased their price objective on Bank of New York Mellon from $133.00 to $145.00 and gave the company a “buy” rating in a research note on Wednesday, January 7th. Finally, The Goldman Sachs Group upped their price target on Bank of New York Mellon from $106.00 to $120.00 and gave the company a “buy” rating in a research note on Monday, October 6th. Eleven research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $124.67.

Bank of New York Mellon Stock Up 1.2%

BK stock traded up $1.50 during mid-day trading on Wednesday, hitting $124.43. 6,101,958 shares of the company were exchanged, compared to its average volume of 4,029,788. The company has a market capitalization of $86.77 billion, a PE ratio of 17.96, a price-to-earnings-growth ratio of 0.94 and a beta of 1.11. The firm has a fifty day simple moving average of $114.21 and a 200 day simple moving average of $107.06. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.83. Bank of New York Mellon has a twelve month low of $70.46 and a twelve month high of $124.93.

Bank of New York Mellon (NYSE:BK) last announced its earnings results on Friday, October 31st. The bank reported $1.91 EPS for the quarter. The company had revenue of $5.07 billion during the quarter. Bank of New York Mellon had a net margin of 12.86% and a return on equity of 14.03%. On average, research analysts forecast that Bank of New York Mellon will post 6.96 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Bank of New York Mellon

Large investors have recently bought and sold shares of the stock. Norges Bank purchased a new stake in shares of Bank of New York Mellon during the second quarter worth about $1,081,847,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Bank of New York Mellon by 639.5% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 7,076,729 shares of the bank’s stock valued at $771,080,000 after purchasing an additional 6,119,749 shares in the last quarter. Ameriprise Financial Inc. lifted its position in Bank of New York Mellon by 18.0% during the third quarter. Ameriprise Financial Inc. now owns 13,345,266 shares of the bank’s stock worth $1,454,116,000 after buying an additional 2,034,781 shares in the last quarter. Qube Research & Technologies Ltd purchased a new position in Bank of New York Mellon during the second quarter worth about $135,728,000. Finally, AQR Capital Management LLC increased its position in shares of Bank of New York Mellon by 29.1% during the third quarter. AQR Capital Management LLC now owns 4,023,663 shares of the bank’s stock worth $438,418,000 after acquiring an additional 906,218 shares during the period. 85.31% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Bank of New York Mellon

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

• Positive Sentiment: Q4 beat and company outlook — BK posted Q4 EPS and revenue above consensus driven by higher net interest income, rising fee income and asset growth; management signaled the turnaround is taking hold and raised medium‑term profit targets. This is the primary driver behind the stronger share action. BNY Reports Fourth Quarter 2025 Results
• Positive Sentiment: Analysts raising targets and reiterations — Multiple firms bumped price targets or reiterated buys after the quarter (Morgan Stanley to $132 overweight; RBC to $130 sector perform; BofA reiterated Buy at $142), signaling renewed analyst conviction and providing upside to investor expectations. These Analysts Boost Their Forecasts On Bank of New York Mellon
• Positive Sentiment: Dividend maintained/income support — BNY declared a $0.53 quarterly common dividend (payable Feb 5), which supports the stock’s income profile and may reassure yield-focused investors. BNY Declares Dividends
• Positive Sentiment: Decline in short interest — Short interest fell ~16.9% in December, reducing one potential source of downward pressure and helping momentum after the beat. (Data summarized in market commentary.)
• Neutral Sentiment: Market reaction mixed intraday — despite the beat, the stock briefly dipped on some desks before moving higher; transcripts, slides and detailed call notes are available for investors assessing sustainability. Q4 Earnings Analysis & Call Transcript Q4 Presentation
• Negative Sentiment: Guidance and margin outlook limit upside — management’s 2026 revenue growth guidance and commentary suggest slower top‑line growth and that prior margin expansion may decelerate as easy cost savings are exhausted; some research notes that valuation already prices much of the improvement. This tempers how much the beat will translate into sustained multiple expansion. BNY Mellon Earnings Top Expectations. Why the Stock Is Falling.

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.