Investors Buy Large Volume of Bank of New York Mellon Put Options (NYSE:BNY)

Bank of New York Mellon Corporation (NYSE:BNYGet Free Report) was the target of some unusual options trading activity on Wednesday. Stock investors purchased 20,600 put options on the company. This represents an increase of approximately 410% compared to the average volume of 4,041 put options.

Insider Activity at Bank of New York Mellon

In related news, EVP Alejandro Perez sold 12,504 shares of the firm’s stock in a transaction on Friday, April 17th. The stock was sold at an average price of $137.01, for a total value of $1,713,173.04. Following the completion of the transaction, the executive vice president owned 62,613 shares in the company, valued at $8,578,607.13. This trade represents a 16.65% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP J Kevin Mccarthy sold 30,000 shares of the firm’s stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $136.50, for a total value of $4,095,000.00. Following the completion of the transaction, the executive vice president owned 50,238 shares of the company’s stock, valued at approximately $6,857,487. The trade was a 37.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 48,091 shares of company stock worth $6,568,423. 0.17% of the stock is owned by company insiders.

Institutional Investors Weigh In On Bank of New York Mellon

Several institutional investors have recently modified their holdings of BNY. Abound Financial LLC acquired a new position in shares of Bank of New York Mellon during the 4th quarter worth about $25,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Bank of New York Mellon during the 4th quarter worth about $27,000. MCF Advisors LLC lifted its stake in Bank of New York Mellon by 74.8% during the fourth quarter. MCF Advisors LLC now owns 236 shares of the bank’s stock worth $27,000 after purchasing an additional 101 shares during the last quarter. Marquette Asset Management LLC boosted its holdings in Bank of New York Mellon by 174.7% in the fourth quarter. Marquette Asset Management LLC now owns 261 shares of the bank’s stock valued at $30,000 after purchasing an additional 166 shares in the last quarter. Finally, Heritage Wealth Advisors acquired a new position in Bank of New York Mellon in the fourth quarter valued at approximately $31,000. 85.31% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on BNY shares. Weiss Ratings upgraded Bank of New York Mellon from a “buy (a-)” rating to a “buy (a)” rating in a research note on Monday, May 4th. Royal Bank Of Canada increased their price target on Bank of New York Mellon from $130.00 to $142.00 and gave the stock a “sector perform” rating in a research report on Friday, April 17th. Erste Group Bank began coverage on Bank of New York Mellon in a report on Wednesday. They issued a “buy” rating on the stock. Barclays upped their target price on Bank of New York Mellon from $143.00 to $149.00 and gave the stock an “overweight” rating in a research note on Friday, April 17th. Finally, JPMorgan Chase & Co. increased 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. One 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 stock. According to data from MarketBeat, Bank of New York Mellon currently has a consensus rating of “Moderate Buy” and an average price target of $143.46.

Read Our Latest Research Report on BNY

Bank of New York Mellon Trading Up 2.6%

Shares of BNY traded up $3.98 during midday trading on Wednesday, reaching $158.48. The company had a trading volume of 2,743,097 shares, compared to its average volume of 3,819,081. Bank of New York Mellon has a 1-year low of $93.37 and a 1-year high of $159.99. The stock has a market cap of $108.78 billion, a PE ratio of 19.64, a price-to-earnings-growth ratio of 1.11 and a beta of 1.07. The firm has a 50 day simple moving average of $142.23 and a 200-day simple moving average of $128.94. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.82.

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

Bank of New York Mellon Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 8th. Investors of record on Monday, April 27th were issued a $0.53 dividend. The ex-dividend date was Monday, April 27th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 1.3%. Bank of New York Mellon’s payout ratio is 26.27%.

Key Stories Impacting Bank of New York Mellon

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

  • Positive Sentiment: BNY posted Q2 EPS of $2.46, well above estimates, while revenue of $5.70 billion also topped forecasts. The beat was driven by stronger net interest income and fee income, plus asset growth across the business. Article Title
  • Positive Sentiment: The bank raised its quarterly dividend by 19%, signaling confidence in capital strength and earnings durability. Article Title
  • Positive Sentiment: BNY also issued FY2026 revenue guidance of $22.0 billion to $22.2 billion, above the consensus estimate of $21.6 billion, which reinforces expectations for continued growth. Article Title
  • Neutral Sentiment: The company officially reported second-quarter 2026 results and declared regular common and preferred dividends, including a quarterly common dividend of $0.63 per share. Article Title

Bank of New York Mellon Company Profile

(Get Free Report)

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.

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