Bank of New York Mellon (NYSE:BK) Price Target Raised to $130.00

Bank of New York Mellon (NYSE:BK) had its price target lifted by Royal Bank Of Canada from $124.00 to $130.00 in a report released on Wednesday,Benzinga reports. The firm currently has a “sector perform” rating on the bank’s stock. Royal Bank Of Canada’s target price points to a potential upside of 4.98% from the company’s previous close.

BK has been the subject of a number of other reports. Weiss Ratings restated a “buy (b+)” rating on shares of Bank of New York Mellon in a report on Monday, December 29th. Evercore ISI increased their target price on Bank of New York Mellon from $91.00 to $110.00 and gave the stock 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. Truist Financial upgraded Bank of New York Mellon from a “hold” rating to a “buy” rating and lifted their target price for the stock from $119.00 to $134.00 in a report on Wednesday, January 7th. Finally, Wells Fargo & Company lifted their target price on Bank of New York Mellon from $119.00 to $122.00 and gave the company an “equal weight” rating in a research note on Wednesday. Eleven investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $122.60.

Bank of New York Mellon Price Performance

BK traded up $0.90 during trading on Wednesday, reaching $123.83. 853,190 shares of the stock were exchanged, compared to its average volume of 3,687,784. Bank of New York Mellon has a 1 year low of $70.46 and a 1 year high of $124.24. The company has a market capitalization of $86.35 billion, a price-to-earnings ratio of 17.87, a P/E/G ratio of 0.94 and a beta of 1.11. The business’s 50 day moving average price is $114.21 and its two-hundred day moving average price is $107.06. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.70 and a quick ratio of 0.70.

Bank of New York Mellon (NYSE:BK) last released its quarterly earnings data on Friday, October 31st. The bank reported $1.91 EPS for the quarter. The business had revenue of $5.07 billion for the quarter. Bank of New York Mellon had a net margin of 12.86% and a return on equity of 14.03%. As a group, equities research 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

Institutional investors have recently modified their holdings of the company. Norges Bank bought a new stake in 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 stake in Bank of New York Mellon by 639.5% in the 3rd 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 during the last quarter. Ameriprise Financial Inc. raised its position in Bank of New York Mellon by 18.0% in the third quarter. Ameriprise Financial Inc. now owns 13,345,266 shares of the bank’s stock valued at $1,454,116,000 after purchasing an additional 2,034,781 shares during the last quarter. Qube Research & Technologies Ltd acquired a new stake in Bank of New York Mellon during the 2nd quarter worth approximately $135,728,000. Finally, AQR Capital Management LLC raised its holdings in Bank of New York Mellon by 29.1% during the 3rd quarter. AQR Capital Management LLC now owns 4,023,663 shares of the bank’s stock worth $438,418,000 after purchasing an additional 906,218 shares during the last quarter. 85.31% of the stock is currently owned by institutional investors.

Bank of New York Mellon News Summary

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.