Bank of New York Mellon Corporation $BNY Position Reduced by Curated Wealth Partners LLC

Key Points

• Curated Wealth Partners cut its BNY position by 96.7% in the third quarter, selling 104,250 shares and retaining 3,527 shares worth approximately $510,000. Other institutional investors increased their holdings, with institutions collectively owning 85.31% of the stock.
• BNY exceeded third-quarter earnings expectations, reporting $2.37 in adjusted EPS versus the $2.26 consensus and $5.68 billion in revenue, up 11.7% year over year. Management also raised its growth and operating-leverage outlook, citing fee income, asset growth and artificial-intelligence initiatives.
• Analysts maintain a generally positive view, with a consensus “Moderate Buy” rating and an average price target of $164.85. However, insiders sold 38,840 shares worth about $6.0 million over the past 90 days, while rising expenses and undisclosed AI investment costs remain risks.

Curated Wealth Partners LLC lessened its position in shares of Bank of New York Mellon Corporation (NYSE:BNY - Free Report) by 96.7% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,527 shares of the bank's stock after selling 104,250 shares during the quarter. Curated Wealth Partners LLC's holdings in Bank of New York Mellon were worth $510,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. WealthPlan Investment Management LLC bought a new stake in shares of Bank of New York Mellon during the 3rd quarter valued at $419,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its holdings in Bank of New York Mellon by 101.8% in the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 2,857 shares of the bank's stock worth $413,000 after purchasing an additional 1,441 shares during the period. Nvwm LLC raised its holdings in Bank of New York Mellon by 34,203.6% in the 3rd quarter. Nvwm LLC now owns 9,605 shares of the bank's stock worth $1,389,000 after purchasing an additional 9,577 shares during the period. HBW Advisory Services LLC grew its holdings in Bank of New York Mellon by 390.6% during the third quarter. HBW Advisory Services LLC now owns 8,953 shares of the bank's stock valued at $1,295,000 after purchasing an additional 7,128 shares during the period. Finally, Fort Washington Investment Advisors Inc. OH increased its position in Bank of New York Mellon by 71.5% in the third quarter. Fort Washington Investment Advisors Inc. OH now owns 15,424 shares of the bank's stock worth $2,231,000 after buying an additional 6,432 shares in the last quarter. Institutional investors own 85.31% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Wells Fargo & Company raised their price objective on Bank of New York Mellon from $152.00 to $162.00 and gave the stock an "equal weight" rating in a research note on Thursday, July 16th. Bank of America boosted their price objective on Bank of New York Mellon from $165.00 to $175.00 and gave the company a "buy" rating in a research note on Monday, July 20th. Barclays increased their target price on shares of 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. Keefe, Bruyette & Woods restated an "outperform" rating on shares of Bank of New York Mellon in a research note on Friday. Finally, Zacks Research cut shares of Bank of New York Mellon from a "strong-buy" rating to a "hold" rating in a research note on Monday, September 7th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have given a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $164.85.

More Bank of New York Mellon News

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

• Positive Sentiment: Q3 earnings and revenue exceeded expectations. BNY reported quarterly earnings of approximately $2.37 per share, above the $2.26 analyst consensus, while revenue reached $5.68 billion, up 11.7% year over year. Net income and EPS rose sharply, supported by higher fee revenue, net interest income and expanding asset balances. BNY Q3 Earnings Beat Estimates on Fee Income and NII Growth
• Positive Sentiment: Management raised its outlook. BNY increased its 2026 revenue-growth and operating-leverage expectations, citing strong operating momentum, adoption of artificial intelligence and growth across securities services. Assets under custody and administration reportedly reached $63.4 trillion, reinforcing the company’s scale advantage. BNY Q3 Earnings Call Highlights Raised Outlook and AI Push
• Positive Sentiment: Shareholder returns and strategic initiatives support sentiment. BNY declared a $0.63 quarterly common-stock dividend, and the company announced the VeriCORE initiative with SFA and Snapdocs to modernize asset-backed-securities market infrastructure. BNY Declares Dividends
• Neutral Sentiment: Truist remains bullish but reduced its price target. Truist maintained a “buy” rating while lowering its target from $172 to $165, suggesting continued upside but also a more cautious valuation outlook.
• Neutral Sentiment: CEO Robin Vince said a potential 5.25% 10-year Treasury yield would not be historically unusual. The comments may ease concerns about interest-rate conditions, but they do not materially change BNY’s earnings outlook. US 10-year Treasury Yield Levels Not Unprecedented
• Negative Sentiment: Expenses and AI investment remain risks. Although AI is being embedded throughout the business, BNY has not disclosed the associated costs. Rising expenses could limit the benefit of revenue growth and operating leverage. While Embedding AI Everywhere, BNY Won't Disclose Costs

Insider Buying and Selling at Bank of New York Mellon

In other news, CFO Dermot Mcdonogh sold 31,800 shares of the business's stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $155.26, for a total value of $4,937,268.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Jose Minaya sold 3,520 shares of the company's stock in a transaction dated Monday, September 28th. The shares were sold at an average price of $148.79, for a total transaction of $523,740.80. Following the sale, the vice president owned 176,824 shares in the company, valued at $26,309,642.96. This represents a 1.95% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 38,840 shares of company stock worth $6,033,502 in the last 90 days. 0.17% of the stock is currently owned by company insiders.

Bank of New York Mellon Stock Performance

BNY opened at $143.25 on Friday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.72 and a current ratio of 0.72. The stock has a market capitalization of $97.20 billion, a price-to-earnings ratio of 15.83, a PEG ratio of 1.10 and a beta of 1.06. The company has a fifty day moving average of $154.70 and a 200 day moving average of $146.36. Bank of New York Mellon Corporation has a fifty-two week low of $103.11 and a fifty-two week high of $165.84.

Bank of New York Mellon (NYSE:BNY - Get Free Report) last released its quarterly earnings results on Thursday, October 15th. The bank reported $2.37 earnings per share for the quarter, beating the consensus estimate of $2.26 by $0.11. Bank of New York Mellon had a return on equity of 16.57% and a net margin of 16.32%. The business had revenue of $5.68 billion during the quarter. The business's revenue was up 11.7% on a year-over-year basis. As a group, sell-side analysts forecast that Bank of New York Mellon Corporation will post 9.28 earnings per share for the current fiscal year.

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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