Keefe, Bruyette & Woods Issues Positive Forecast for Bank of New York Mellon (NYSE:BNY) Stock Price

Bank of New York Mellon (NYSE:BNY) had its price target raised by stock analysts at Keefe, Bruyette & Woods from $166.00 to $177.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm presently has an “outperform” rating on the bank’s stock. Keefe, Bruyette & Woods’ price target points to a potential upside of 8.87% from the company’s current price.

Several other equities analysts have also issued reports on the company. Wall Street Zen upgraded Bank of New York Mellon to a “hold” rating in a research report on Saturday, May 23rd. JPMorgan Chase & Co. lifted their target price on Bank of New York Mellon from $140.00 to $149.00 and gave the company an “overweight” rating in a research report on Monday, July 6th. Barclays upped their price target on shares of Bank of New York Mellon from $143.00 to $149.00 and gave the stock an “overweight” rating in a research report on Friday, April 17th. Erste Group Bank began coverage on Bank of New York Mellon in a research report on Wednesday. They issued a “buy” rating for the company. Finally, Evercore set a $136.00 target price on shares of Bank of New York Mellon in a report on Friday, April 17th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Bank of New York Mellon currently has an average rating of “Moderate Buy” and a consensus price target of $145.54.

Bank of New York Mellon Price Performance

BNY opened at $162.58 on Thursday. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.82. Bank of New York Mellon has a 1 year low of $93.37 and a 1 year high of $162.73. The stock has a fifty day moving average price of $142.80 and a 200 day moving average price of $129.26. The stock has a market cap of $111.59 billion, a price-to-earnings ratio of 20.15, a PEG ratio of 1.14 and a beta of 1.07.

Bank of New York Mellon (NYSE:BNY) last issued its quarterly earnings data on Wednesday, July 15th. The bank reported $2.46 EPS for the quarter, beating analysts’ consensus estimates of $2.16 by $0.30. Bank of New York Mellon had a return on equity of 15.29% and a net margin of 14.60%.The business had revenue of $5.70 billion for the quarter, compared to analyst estimates of $5.35 billion. During the same quarter in the prior year, the firm posted $1.93 EPS. The firm’s revenue for the quarter was up 13.3% on a year-over-year basis. Analysts forecast that Bank of New York Mellon will post 8.94 EPS for the current fiscal year.

Insider Transactions at Bank of New York Mellon

In other news, EVP Alejandro Perez sold 12,504 shares of the business’s stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of $137.01, for a total value of $1,713,173.04. Following the sale, the executive vice president owned 62,613 shares of the company’s stock, valued at $8,578,607.13. The trade was a 16.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP J Kevin Mccarthy sold 30,000 shares of the firm’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $136.50, for a total transaction of $4,095,000.00. Following the completion of the transaction, the executive vice president directly owned 50,238 shares of the company’s stock, valued at approximately $6,857,487. This trade represents a 37.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 48,091 shares of company stock valued at $6,568,423. 0.17% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Bank of New York Mellon

Several hedge funds and other institutional investors have recently modified their holdings of BNY. Linscomb Wealth Inc. increased its position in shares of Bank of New York Mellon by 2.5% during the 4th quarter. Linscomb Wealth Inc. now owns 3,240 shares of the bank’s stock valued at $376,000 after purchasing an additional 80 shares during the last quarter. Ransom Advisory Ltd grew its holdings in Bank of New York Mellon by 1.3% during the fourth quarter. Ransom Advisory Ltd now owns 6,777 shares of the bank’s stock valued at $787,000 after purchasing an additional 85 shares during the period. Mather Group LLC. raised its stake in shares of Bank of New York Mellon by 0.9% in the fourth quarter. Mather Group LLC. now owns 9,232 shares of the bank’s stock valued at $1,072,000 after buying an additional 86 shares during the period. Parkside Financial Bank & Trust grew its stake in shares of Bank of New York Mellon by 3.2% during the 4th quarter. Parkside Financial Bank & Trust now owns 2,805 shares of the bank’s stock worth $326,000 after acquiring an additional 88 shares during the period. Finally, Essex Financial Services Inc. raised its stake in Bank of New York Mellon by 0.5% in the 4th quarter. Essex Financial Services Inc. now owns 17,584 shares of the bank’s stock valued at $2,041,000 after acquiring an additional 89 shares during the period. 85.31% of the stock is currently owned by institutional investors.

Trending Headlines about Bank of New York Mellon

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

• Positive Sentiment: BNY Mellon posted stronger-than-expected Q2 results, with record revenue, earnings ahead of estimates, and solid growth in fee income and net interest income. BNY Reports Second Quarter 2026 Results
• Positive Sentiment: The company lifted its 2026 revenue outlook and boosted its quarterly dividend, which signals management confidence and improves the stock’s income appeal. BNY Declares Dividends
• Positive Sentiment: Analyst sentiment appears supportive, with Erste Group Bank initiating coverage on the stock with a buy rating. Bank of New York Mellon (NYSE:BNY) Coverage Initiated by Analysts at Erste Group Bank
• Neutral Sentiment: Reports highlighted BNY’s AI and blockchain-related initiatives as part of its long-term strategy, but these are not likely the main near-term driver of the stock move. BNY: AI bet is paying off, client impact is ‘measurable’
• Neutral Sentiment: There was also unusual put-option activity, which may reflect hedging or caution, but it does not outweigh the strong earnings and guidance update.

About Bank of New York Mellon

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.