Bank of New York Mellon Corporation $BNY Shares Acquired by Nvwm LLC

Key Points

• Nvwm LLC dramatically increased its BNY stake by 34,203.6% in the third quarter, ending with 9,605 shares valued at approximately $1.39 million.
• Other institutional investors also added shares, and institutions and hedge funds now own 85.31% of BNY. However, insiders sold 38,840 shares worth about $6.03 million over the past three months.
• BNY reported strong quarterly results, including adjusted EPS of $2.37 and revenue of $5.68 billion, while analysts maintain a Moderate Buy consensus with an average price target of $162.38.

Nvwm LLC increased its stake in shares of Bank of New York Mellon Corporation (NYSE:BNY - Free Report) by 34,203.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,605 shares of the bank's stock after acquiring an additional 9,577 shares during the quarter. Nvwm LLC's holdings in Bank of New York Mellon were worth $1,389,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of BNY. HBW Advisory Services LLC raised its position in shares of 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 buying an additional 7,128 shares during the last quarter. Fort Washington Investment Advisors Inc. OH raised its holdings in Bank of New York Mellon by 71.5% in the 3rd quarter. Fort Washington Investment Advisors Inc. OH now owns 15,424 shares of the bank's stock valued at $2,231,000 after acquiring an additional 6,432 shares in the last quarter. Ashurst Perkins Coie Trust Co raised its holdings in Bank of New York Mellon by 9.8% in the 3rd quarter. Ashurst Perkins Coie Trust Co now owns 2,216 shares of the bank's stock valued at $343,000 after acquiring an additional 197 shares in the last quarter. Mather Group LLC. raised its holdings in Bank of New York Mellon by 340.5% in the 3rd quarter. Mather Group LLC. now owns 41,222 shares of the bank's stock valued at $5,962,000 after acquiring an additional 31,864 shares in the last quarter. Finally, Hudock Inc. lifted its position in shares of Bank of New York Mellon by 66.9% in the 3rd quarter. Hudock Inc. now owns 5,880 shares of the bank's stock worth $850,000 after acquiring an additional 2,356 shares during the period. 85.31% of the stock is currently owned by institutional investors and hedge funds.

More Bank of New York Mellon News

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

• Positive Sentiment: Quarterly earnings beat expectations: BNY reported third-quarter net income attributable to shareholders of $1.61 billion, or $2.34 per share, compared with $1.34 billion, or $1.88 per share, a year earlier. Another reported figure showed adjusted EPS of $2.37 and revenue of $5.68 billion, supporting the view that profitability and operating performance remain strong. Bank of New York Mellon Logs Higher Profit, Sales BNY Q3 earnings beat, driven by fee revenue growth, solid NII
• Positive Sentiment: Fee revenue was a key growth driver: Fee revenue increased approximately 12%, while net interest income remained solid. The result marked BNY’s fourth consecutive quarterly earnings beat, reinforcing the investment case for its asset-servicing and financial-services businesses. BNY Mellon Q3 2026: Four Straight Beats as Fee Revenue Jumps 12%
• Positive Sentiment: Dividend maintained: BNY declared a quarterly common-stock dividend of $0.63 per share, payable November 9 to eligible shareholders. The announcement supports income appeal and signals continued capital-return capacity. BNY Declares Dividends
• Positive Sentiment: Tokenization initiative advances: BNY completed a tokenized U.S. Treasury triparty-repo workflow with Citadel Securities in minutes, potentially strengthening its role in digital collateral and institutional market infrastructure. BNY Completes Tokenized U.S. Treasury Triparty Repo Workflow with Citadel Securities
• Neutral Sentiment: BNY’s chief executive said current 10-year Treasury yield levels are not unprecedented, offering context for interest-rate-sensitive investors but no clear near-term earnings catalyst. US 10-year Treasury yield levels not unprecedented, BNY CEO says
• Neutral Sentiment: Analyst sentiment remains constructive, with Wall Street carrying a “Moderate Buy” view and TD Cowen setting a $160 price target, although the stock’s reaction suggests results may already have been largely anticipated. BNY Stock Rated Moderate Buy

Insider Activity at Bank of New York Mellon

In related 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 value of $523,740.80. Following the completion of the transaction, the vice president owned 176,824 shares in the company, valued at $26,309,642.96. The trade was a 1.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Dermot Mcdonogh sold 31,800 shares of the stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $155.26, for a total value of $4,937,268.00. The SEC filing for this sale provides additional information. Insiders have sold 38,840 shares of company stock worth $6,033,502 over the last three months. 0.17% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on BNY shares. Royal Bank Of Canada lifted their price objective 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 upped their target price on Bank of New York Mellon from $152.00 to $162.00 and gave the company an "equal weight" rating in a research note on Thursday, July 16th. Barclays upped their target price on Bank of New York Mellon from $149.00 to $178.00 and gave the company an "overweight" rating in a research note on Thursday, July 16th. TD Cowen began coverage on Bank of New York Mellon in a research report on Thursday, October 8th. They issued a "hold" rating and a $160.00 target price for the company. Finally, JPMorgan Chase & Co. lifted their price target on shares of Bank of New York Mellon from $159.00 to $161.00 and gave the stock an "overweight" rating in a research note on Friday, October 2nd. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $162.38.

Bank of New York Mellon Stock Performance

NYSE:BNY opened at $137.67 on Thursday. The stock has a market capitalization of $93.41 billion, a P/E ratio of 16.03, a price-to-earnings-growth ratio of 1.10 and a beta of 1.06. Bank of New York Mellon Corporation has a 1 year low of $103.11 and a 1 year high of $165.84. The firm has a 50 day moving average of $155.31 and a 200-day moving average of $146.19. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.76.

Bank of New York Mellon (NYSE:BNY - Get Free Report) last issued its quarterly earnings data on Thursday, October 15th. The bank reported $2.37 earnings per share (EPS) for the quarter. The firm had revenue of $5.68 billion during the quarter. Bank of New York Mellon had a return on equity of 16.00% and a net margin of 15.52%. As a group, sell-side analysts anticipate that Bank of New York Mellon Corporation will post 9.28 EPS for the current fiscal year.

Bank of New York Mellon 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.