Bank of New York Mellon Corporation $BNY Stake Lessened by VestGen Advisors LLC

Key Points

• VestGen Advisors cut its Bank of New York Mellon stake by 41.6% in the third quarter, selling 10,394 shares and retaining 14,595 shares valued at approximately $2.1 million. Other institutions increased their positions, and institutional investors collectively own 85.31% of the stock.
• BNY reported stronger-than-expected quarterly results, posting $2.37 in earnings per share versus the $2.26 consensus estimate, while revenue rose 11.7% year over year to $5.68 billion.
• Analyst sentiment remains positive, with a consensus “Moderate Buy” rating and an average price target of $164.62, although company insiders sold $9.0 million of stock during the quarter, including significant sales by CEO Robin Vince.

VestGen Advisors LLC cut its stake in Bank of New York Mellon Corporation (NYSE:BNY - Free Report) by 41.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,595 shares of the bank's stock after selling 10,394 shares during the period. VestGen Advisors LLC's holdings in Bank of New York Mellon were worth $2,111,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Laurel Wealth Advisors LLC purchased a new stake in shares of Bank of New York Mellon in the 3rd quarter valued at about $105,000. Prism Planning Partners LLC purchased a new position in Bank of New York Mellon during the 3rd quarter worth approximately $102,000. William Mack & Associates Inc. purchased a new position in Bank of New York Mellon during the 3rd quarter worth approximately $113,000. Victory Financial Group LLC grew its stake in Bank of New York Mellon by 72.0% during the 3rd quarter. Victory Financial Group LLC now owns 2,677 shares of the bank's stock worth $387,000 after buying an additional 1,121 shares during the last quarter. Finally, Great Lakes Retirement Inc. increased its position in Bank of New York Mellon by 205.1% during the third quarter. Great Lakes Retirement Inc. now owns 20,422 shares of the bank's stock worth $2,954,000 after buying an additional 13,728 shares during the period. 85.31% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Bank of New York Mellon

In other news, CEO Robin Vince sold 40,620 shares of the business's stock in a transaction that occurred on Monday, October 26th. The stock was sold at an average price of $147.81, for a total value of $6,004,042.20. Following the transaction, the chief executive officer owned 585,174 shares of the company's stock, valued at approximately $86,494,568.94. The trade was a 6.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Jose Minaya sold 3,520 shares of the company's stock in a transaction that occurred on Tuesday, October 27th. The stock was sold at an average price of $147.81, for a total value of $520,291.20. Following the sale, the vice president owned 173,304 shares of the company's stock, valued at $25,616,064.24. This trade represents a 1.99% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 60,560 shares of company stock worth $9,007,119 over the last quarter. Company insiders own 0.17% of the company's stock.

Analyst Ratings Changes

A number of brokerages have weighed in on BNY. Wells Fargo & Company boosted their price objective 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. Argus raised their target price on shares of Bank of New York Mellon from $153.00 to $180.00 and gave the stock a "buy" rating in a research report on Wednesday, July 22nd. Bank of America raised their target price on shares of Bank of New York Mellon from $165.00 to $175.00 and gave the stock a "buy" rating in a research report on Monday, July 20th. New Street Research set a $182.00 target price on shares of Bank of New York Mellon in a report on Friday, October 16th. Finally, Zacks Research downgraded shares of Bank of New York Mellon from a "strong-buy" rating to a "hold" rating in a research report 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 issued a Hold rating to the company. Based on data from MarketBeat.com, Bank of New York Mellon has a consensus rating of "Moderate Buy" and a consensus target price of $164.62.

Bank of New York Mellon Stock Performance

NYSE BNY opened at $149.33 on Friday. The firm has a market cap of $101.32 billion, a P/E ratio of 16.50, a P/E/G ratio of 0.99 and a beta of 1.06. Bank of New York Mellon Corporation has a 52-week low of $105.42 and a 52-week high of $165.84. The business's 50-day moving average price is $151.78 and its 200 day moving average price is $139.14. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.86.

Bank of New York Mellon (NYSE:BNY - Get Free Report) last posted its quarterly earnings data on Thursday, October 15th. The bank reported $2.37 EPS for the quarter, beating the consensus estimate of $2.26 by $0.11. The firm had revenue of $5.68 billion during the quarter. Bank of New York Mellon had a return on equity of 16.57% and a net margin of 16.32%. The firm's revenue was up 11.7% on a year-over-year basis. On average, equities research analysts expect that Bank of New York Mellon Corporation will post 9.39 earnings per share for the current year.

Trending Headlines about Bank of New York Mellon

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

• Positive Sentiment: BNY expanded its strategic collaboration with Ripple across digital-asset custody and tokenized trade finance. The partnership could strengthen BNY’s position in institutional digital assets and create longer-term growth opportunities in custody and transaction services. Is Bank of New York Mellon Corporation Undervalued As Its Ripple Tie Up Expands?
• Positive Sentiment: Recent institutional filings showed significant buying, including International Assets Investment Management’s addition of roughly 457,000 shares and Summit Global Investments’ more than threefold increase in its position. Institutional investors own approximately 85% of BNY’s outstanding shares, providing a supportive ownership backdrop.
• Positive Sentiment: BNY’s latest quarterly results exceeded expectations, with earnings per share of $2.37 versus the $2.26 consensus estimate, while revenue increased 11.7% year over year to $5.68 billion. These results reinforce the company’s earnings momentum and profitability.
• Neutral Sentiment: A valuation analysis said BNY appears close to fair value after a 268% run, suggesting that much of the recent appreciation may already be reflected in the shares. The stock’s average analyst rating remains “Moderate Buy,” with an average price target of $164.62. BNY Stock Looks Close To Fair Value After A 268% Run
• Neutral Sentiment: BNY Mellon Global Stock Fund, Dynamic Value Fund and Appreciation Fund published third-quarter commentaries. These reports may offer portfolio perspectives but do not introduce a material change to BNY’s operating outlook. BNY Mellon Global Stock Fund Q3 2026 Commentary
• Negative Sentiment: CEO Robin Vince sold 50,000 shares for approximately $7.39 million across October 26–27, reducing his direct holdings by about 8%. Vice President Jose Minaya also sold 3,520 shares worth approximately $520,000. The sales may weigh on sentiment, although insider transactions can be scheduled or routine. Insider Selling at Bank of New York Mellon

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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