8,006 Bank of New York Mellon Corporation $BNY Shares Purchased by B. Riley Wealth Advisors Inc.

Key Points

• B. Riley Wealth Advisors increased its Bank of New York Mellon stake by 183.1% in the third quarter, purchasing 8,006 shares and bringing its holdings to 12,379 shares valued at approximately $1.95 million. Institutional investors collectively own 85.31% of the stock.
• BNY Mellon reported quarterly EPS of $2.46, beating estimates by $0.30, while revenue rose 13.3% year over year to $5.70 billion. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $162.38.
• The stock recently opened at $137.67, below its 50-day moving average of $155.31, while company insiders sold 38,840 shares worth about $6.03 million over the past 90 days.

B. Riley Wealth Advisors Inc. increased its stake in shares of Bank of New York Mellon Corporation (NYSE:BNY - Free Report) by 183.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,379 shares of the bank's stock after acquiring an additional 8,006 shares during the quarter. B. Riley Wealth Advisors Inc.'s holdings in Bank of New York Mellon were worth $1,946,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of BNY. BlackRock Inc. acquired a new position in Bank of New York Mellon in the second quarter valued at $8,321,111,000. Bank of America Corp DE purchased a new position in shares of Bank of New York Mellon during the second quarter worth about $2,499,438,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in Bank of New York Mellon during the 2nd quarter worth approximately $1,214,193,000. Wellington Management Group LLP acquired a new position in shares of Bank of New York Mellon in the 2nd quarter valued at $1,175,576,000. Finally, Amundi purchased a new stake in shares of Bank of New York Mellon in the second quarter valued at about $985,533,000. 85.31% of the stock is owned by hedge funds and other institutional investors.

Bank of New York Mellon Price Performance

BNY stock opened at $137.67 on Thursday. Bank of New York Mellon Corporation has a 52-week low of $103.11 and a 52-week high of $165.84. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.76. The company has a market capitalization of $93.41 billion, a PE ratio of 16.03, a P/E/G ratio of 1.10 and a beta of 1.06. The stock's 50 day moving average is $155.31 and its two-hundred day moving average is $146.19.

Bank of New York Mellon (NYSE:BNY - Get Free Report) last posted 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. The firm had revenue of $5.70 billion for the quarter, compared to the consensus estimate 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 firm's revenue was up 13.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.93 EPS. Analysts predict that Bank of New York Mellon Corporation will post 9.28 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Barclays increased their price target on Bank of New York Mellon from $149.00 to $178.00 and gave the stock an "overweight" rating in a report on Thursday, July 16th. Royal Bank Of Canada raised their price objective on Bank of New York Mellon from $142.00 to $168.00 and gave the company a "sector perform" rating in a research note on Thursday, July 16th. Erste Group Bank began coverage on shares of Bank of New York Mellon in a research report on Wednesday, July 15th. They set a "buy" rating for the company. Keefe, Bruyette & Woods boosted their price objective on shares of Bank of New York Mellon from $166.00 to $177.00 and gave the company an "outperform" rating in a research report on Thursday, July 16th. Finally, Wells Fargo & Company increased their price objective on shares of Bank of New York Mellon from $152.00 to $162.00 and gave the stock an "equal weight" rating in a report on Thursday, July 16th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have issued 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 $162.38.

Insider Activity

In other Bank of New York Mellon news, CFO Dermot Mcdonogh sold 31,800 shares of the stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $155.26, for a total transaction of $4,937,268.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, VP Jose Minaya sold 3,520 shares of Bank of New York Mellon stock in a transaction that occurred on Monday, September 28th. The stock was sold at an average price of $148.79, for a total value of $523,740.80. Following the completion of the transaction, the vice president owned 176,824 shares of the company's stock, valued at approximately $26,309,642.96. The trade was a 1.95% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 38,840 shares of company stock worth $6,033,502 in the last ninety days. Corporate insiders own 0.17% of the company's stock.

Bank of New York Mellon News Summary

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

• Positive Sentiment: BNY completed its first tokenized U.S. Treasury triparty repo workflow with Citadel Securities in minutes. The transaction highlights BNY’s ability to provide faster, blockchain-enabled collateral and financing infrastructure, potentially strengthening its position in digital asset servicing and institutional markets. BNY Completes First Tokenized Treasury Repo with Citadel Securities in Minutes
• Positive Sentiment: Analysts now rate BNY “Moderate Buy”, indicating that Wall Street’s overall view remains favorable. Bank of New York Mellon Corporation Stock Now Rated Moderate Buy
• Positive Sentiment: TD Cowen set a $160 price target, implying analysts see potential upside from recent trading levels. Erste Group Bank also raised its FY2026 EPS forecast slightly to $9.26 and maintained a “Buy” rating; the estimate is close to the $9.28 consensus. TD Cowen Sets $160 Target Erste Group Bank EPS Estimate Update
• Neutral Sentiment: Reports highlighted that BNY faces an upcoming earnings test. The bank’s prior quarter was strong, with revenue up 13.3% year over year and EPS exceeding estimates, but investors will look for continued growth to support the valuation. BNY Mellon Faces Earnings Test
• Neutral Sentiment: Separate reports noted BNY Mellon’s after-hours trading level and its tokenized Treasury initiatives with Citadel Securities, but provided limited new information on near-term earnings or revenue. Citadel Securities and BNY Tokenized Treasury Initiatives

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.

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