Bank of New York Mellon Corporation (BNY) - What Are Investment Firms Saying About This Stock?

Key Points

• Analysts remain broadly positive: BNY has a “Moderate Buy” consensus from 14 firms, with an average 12-month price target of $162.38. Ratings include seven buys, six holds, and one strong buy.
• Recent financial results exceeded expectations: BNY reported quarterly EPS of $2.46 versus the $2.16 consensus estimate, while revenue reached $5.70 billion and increased 13.3% year over year.
• Growth initiatives support the outlook, but risks remain: Tokenized Treasury and repo capabilities and expanded European digital-asset custody could create future opportunities, while higher expenses, recent stock weakness, and insider selling may weigh on sentiment.

Bank of New York Mellon Corporation (NYSE:BNY - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the fourteen research firms that are currently covering the stock, Marketbeat reports. Six analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $162.38.

A number of equities analysts have commented on BNY shares. Zacks Research lowered Bank of New York Mellon from a "strong-buy" rating to a "hold" rating in a research note on Monday, September 7th. Royal Bank Of Canada increased their target price on Bank of New York Mellon from $142.00 to $168.00 and gave the stock a "sector perform" rating in a report on Thursday, July 16th. Wells Fargo & Company raised their price target on Bank of New York Mellon from $152.00 to $162.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 16th. JPMorgan Chase & Co. boosted their price target on Bank of New York Mellon from $159.00 to $161.00 and gave the company an "overweight" rating in a research note on Friday, October 2nd. Finally, Citigroup dropped their price target on Bank of New York Mellon from $172.00 to $160.00 and set a "neutral" rating for the company in a research note on Monday, October 5th.

Bank of New York Mellon Trading Down 1.3%

BNY stock opened at $140.99 on Wednesday. Bank of New York Mellon has a 52 week low of $103.11 and a 52 week high of $165.84. The company has a market capitalization of $95.66 billion, a PE ratio of 16.41, a price-to-earnings-growth ratio of 1.11 and a beta of 1.06. The company's 50-day simple moving average is $155.74 and its 200 day simple moving average is $146.04. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.72 and a current ratio of 0.72.

Bank of New York Mellon (NYSE:BNY - Get Free Report) last issued its quarterly earnings data on Wednesday, July 15th. The bank reported $2.46 earnings per share for the quarter, topping the consensus estimate of $2.16 by $0.30. The business had revenue of $5.70 billion during the quarter, compared to analysts' expectations of $5.35 billion. Bank of New York Mellon had a net margin of 15.52% and a return on equity of 16.00%. The business's revenue was up 13.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.93 EPS. As a group, sell-side analysts anticipate that Bank of New York Mellon will post 9.28 earnings per share for the current year.

More Bank of New York Mellon News

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

• Positive Sentiment: Tokenized Treasury and repo capabilities: BNY completed a tokenized U.S. Treasury triparty-repo workflow with Citadel Securities. The development highlights BNY’s role in modernizing collateral management and could strengthen its institutional market infrastructure and custody franchise. BNY Completes Tokenized U.S. Treasury Triparty Repo Workflow with Citadel Securities
• Positive Sentiment: Digital-asset expansion: BNY is expanding its digital-asset custody platform to selected institutional clients in the European Union. The initiative could create future fee opportunities and reinforce the bank’s position as traditional financial institutions adopt tokenized assets. BNY Expands Digital Asset Custody Platform to Select Institutional Clients in EU
• Positive Sentiment: Analyst target and earnings estimates: TD Cowen set a $160 price target, implying meaningful upside from recent trading levels. Erste Group Bank also raised its fiscal 2026 EPS forecast slightly to $9.26 and maintained a “Buy” rating, broadly in line with the $9.27 consensus estimate. TD Cowen sets USD 160.00 target for BNY Mellon stock
• Positive Sentiment: Q3 earnings expectations: Analysts expect higher fee income and net interest income, supported by asset growth and stronger client activity, to lift quarterly results. These trends could offset some pressure from rising expenses. Growth in Fee Income, Higher NII Likely to Support BNY's Q3 Earnings
• Neutral Sentiment: Key earnings test: BNY’s upcoming results will be judged against expectations for the quarter ended September 2026, with investors watching operating metrics beyond revenue and EPS. Wall Street's Insights Into Key Metrics Ahead of BNY Q3 Earnings
• Negative Sentiment: Expense and event risk: Higher operating expenses remain a concern, and the stock’s recent trading below its 50-day and 200-day moving averages suggests investors may be waiting for a clear earnings beat or stronger outlook before rebuilding positions.

Insider Buying and Selling

In other Bank of New York Mellon news, VP Jose Minaya sold 3,520 shares of the business's stock in a transaction that occurred on Monday, September 28th. The shares were sold at an average price of $148.79, for a total transaction of $523,740.80. Following the completion of the transaction, the vice president directly owned 176,824 shares in the company, valued at $26,309,642.96. The trade was a 1.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Dermot Mcdonogh sold 31,800 shares of the company's stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $155.26, for a total value of $4,937,268.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 38,840 shares of company stock worth $6,033,502 over the last three months. 0.17% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Bank of New York Mellon

Institutional investors have recently modified their holdings of the business. Focus Partners Advisor Solutions LLC bought a new position in Bank of New York Mellon during the 2nd quarter worth $1,128,000. Northwestern Mutual Wealth Management Co. bought a new position in Bank of New York Mellon during the second quarter worth $13,234,000. Engineers Gate Manager LP bought a new stake in Bank of New York Mellon during the second quarter valued at $1,264,000. Corient Private Wealth LP acquired a new stake in Bank of New York Mellon during the 2nd quarter worth about $48,434,000. Finally, HB Wealth Management LLC acquired a new stake in Bank of New York Mellon during the 2nd quarter worth about $6,238,000. Institutional investors and hedge funds own 85.31% of the company's stock.

Bank of New York Mellon Company Profile

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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