What is Seaport Res Ptn's Forecast for BK Q3 Earnings?

The Bank of New York Mellon Corporation (NYSE:BK - Free Report) - Stock analysts at Seaport Res Ptn increased their Q3 2025 earnings per share estimates for shares of Bank of New York Mellon in a report issued on Tuesday, July 8th. Seaport Res Ptn analyst J. Mitchell now anticipates that the bank will post earnings per share of $1.75 for the quarter, up from their prior estimate of $1.73. The consensus estimate for Bank of New York Mellon's current full-year earnings is $6.96 per share. Seaport Res Ptn also issued estimates for Bank of New York Mellon's Q4 2025 earnings at $1.83 EPS, FY2025 earnings at $6.95 EPS, Q1 2026 earnings at $1.71 EPS, Q2 2026 earnings at $2.07 EPS, Q3 2026 earnings at $2.02 EPS, Q4 2026 earnings at $2.11 EPS and FY2026 earnings at $7.90 EPS.

Several other research analysts also recently commented on the company. Morgan Stanley raised their price objective on Bank of New York Mellon from $94.00 to $95.00 and gave the stock an "overweight" rating in a report on Tuesday, June 3rd. Citigroup lifted their price target on Bank of New York Mellon from $82.00 to $85.00 and gave the company a "neutral" rating in a report on Monday, March 24th. Truist Financial downgraded Bank of New York Mellon from a "buy" rating to a "hold" rating and lifted their price target for the company from $87.00 to $97.00 in a report on Wednesday, May 28th. Royal Bank Of Canada reiterated a "sector perform" rating and issued a $90.00 price target on shares of Bank of New York Mellon in a report on Monday, March 17th. Finally, Evercore ISI raised their price objective on Bank of New York Mellon from $88.00 to $90.00 and gave the stock an "in-line" rating in a research report on Wednesday, July 2nd. Seven equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $92.08.

Bank of New York Mellon Trading Up 0.0%

BK traded up $0.03 during trading on Thursday, hitting $93.69. 1,946,868 shares of the stock were exchanged, compared to its average volume of 4,130,242. The firm has a 50 day simple moving average of $89.37 and a 200 day simple moving average of $84.46. The firm has a market cap of $67.03 billion, a price-to-earnings ratio of 15.25, a P/E/G ratio of 1.04 and a beta of 1.07. Bank of New York Mellon has a 1 year low of $60.47 and a 1 year high of $93.93. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.69 and a current ratio of 0.69.

Bank of New York Mellon (NYSE:BK - Get Free Report) last issued its quarterly earnings results on Friday, April 11th. The bank reported $1.58 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.50 by $0.08. Bank of New York Mellon had a return on equity of 12.96% and a net margin of 11.78%. The firm had revenue of $4.79 billion during the quarter, compared to analyst estimates of $4.76 billion. During the same period last year, the company earned $1.29 EPS. Bank of New York Mellon's quarterly revenue was up 5.9% compared to the same quarter last year.

Bank of New York Mellon Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 2nd. Stockholders of record on Monday, April 21st were issued a $0.47 dividend. The ex-dividend date was Monday, April 21st. This represents a $1.88 annualized dividend and a dividend yield of 2.01%. Bank of New York Mellon's dividend payout ratio (DPR) is presently 30.62%.

Insider Activity

In other news, insider Kurtis R. Kurimsky sold 5,641 shares of the business's stock in a transaction dated Monday, April 14th. The stock was sold at an average price of $77.50, for a total value of $437,177.50. Following the completion of the transaction, the insider owned 21,679 shares of the company's stock, valued at $1,680,122.50. The trade was a 20.65% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP J Kevin Mccarthy sold 30,000 shares of the business's stock in a transaction dated Tuesday, April 29th. The shares were sold at an average price of $79.03, for a total value of $2,370,900.00. Following the completion of the transaction, the executive vice president directly owned 55,115 shares of the company's stock, valued at approximately $4,355,738.45. This trade represents a 35.25% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 101,114 shares of company stock valued at $7,869,795 in the last quarter. 0.14% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Bank of New York Mellon

Several institutional investors and hedge funds have recently modified their holdings of the business. Silver Oak Securities Incorporated increased its stake in shares of Bank of New York Mellon by 5.8% in the 2nd quarter. Silver Oak Securities Incorporated now owns 3,893 shares of the bank's stock valued at $355,000 after purchasing an additional 215 shares in the last quarter. CX Institutional increased its stake in shares of Bank of New York Mellon by 6.8% in the 2nd quarter. CX Institutional now owns 9,177 shares of the bank's stock valued at $836,000 after purchasing an additional 581 shares in the last quarter. UMB Bank n.a. increased its stake in shares of Bank of New York Mellon by 1.1% in the 2nd quarter. UMB Bank n.a. now owns 135,806 shares of the bank's stock valued at $12,373,000 after purchasing an additional 1,528 shares in the last quarter. SeaCrest Wealth Management LLC increased its stake in Bank of New York Mellon by 3.3% during the 2nd quarter. SeaCrest Wealth Management LLC now owns 6,204 shares of the bank's stock worth $565,000 after buying an additional 197 shares in the last quarter. Finally, Assenagon Asset Management S.A. increased its stake in Bank of New York Mellon by 2.8% during the 2nd quarter. Assenagon Asset Management S.A. now owns 55,392 shares of the bank's stock worth $5,047,000 after buying an additional 1,503 shares in the last quarter. Hedge funds and other institutional investors own 85.31% of the company's stock.

Bank of New York Mellon Company Profile

The Bank of New York Mellon Corporation provides a range of financial products and services in the United States and internationally. The company operates through Securities Services, Market and Wealth Services, Investment and Wealth Management, and other segments. The Securities Services segment offers custody, trust and depositary, accounting, exchange-traded funds, middle-office solutions, transfer agency, services for private equity and real estate funds, foreign exchange, securities lending, liquidity/lending services, and data analytics.