Key Points
- VP Jose Minaya sold 3,520 BNY shares at an average price of $147.81, generating approximately $520,291 and reducing his holdings by 1.99% to 173,304 shares.
- BNY reported quarterly earnings of $2.37 per share, exceeding the $2.26 consensus estimate, while revenue rose 11.7% year over year to $5.68 billion.
- The stock was trading near $149, with analysts assigning a “Moderate Buy” consensus rating and an average price target of $164.62; institutional investors own approximately 85.31% of shares.
Bank of New York Mellon Corporation (NYSE:BNY - Get Free Report) VP Jose Minaya sold 3,520 shares of the firm's stock in a transaction on Tuesday, October 27th. The shares were sold at an average price of $147.81, for a total transaction of $520,291.20. Following the transaction, the vice president owned 173,304 shares in the company, valued at $25,616,064.24. This represents a 1.99% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
Jose Minaya also recently made the following trade(s):
- On Monday, September 28th, Jose Minaya sold 3,520 shares of Bank of New York Mellon stock. The stock was sold at an average price of $148.79, for a total transaction of $523,740.80.
- On Thursday, August 27th, Jose Minaya sold 3,520 shares of Bank of New York Mellon stock. The stock was sold at an average price of $162.64, for a total transaction of $572,492.80.
Bank of New York Mellon Trading Up 0.5%
Bank of New York Mellon stock opened at $149.33 on Friday. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.72 and a quick ratio of 0.72. The company has a market capitalization of $101.32 billion, a price-to-earnings ratio of 16.50, a PEG ratio of 0.99 and a beta of 1.06. Bank of New York Mellon Corporation has a one year low of $105.42 and a one year high of $165.84. The company's fifty day moving average price is $151.78 and its two-hundred day moving average price is $139.14.
Bank of New York Mellon (NYSE:BNY - Get Free Report) last announced its quarterly earnings results on Thursday, October 15th. The bank reported $2.37 earnings per share for the quarter, topping analysts' consensus estimates 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 company had revenue of $5.68 billion during the quarter. The firm's quarterly revenue was up 11.7% compared to the same quarter last year. On average, analysts forecast that Bank of New York Mellon Corporation will post 9.39 earnings per share for the current fiscal year.
Institutional Trading of Bank of New York Mellon
A number of hedge funds have recently bought and sold shares of BNY. BlackRock Inc. acquired a new position in shares of Bank of New York Mellon during the second quarter valued at about $8,321,111,000. Bank of America Corp DE bought a new stake in shares of Bank of New York Mellon in the second quarter valued at about $2,499,438,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of Bank of New York Mellon in the second quarter valued at about $1,214,193,000. Wellington Management Group LLP acquired a new stake in Bank of New York Mellon during the second quarter worth about $1,175,576,000. Finally, Amundi acquired a new stake in Bank of New York Mellon during the second quarter worth about $985,533,000. 85.31% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of research analysts recently weighed in on the company. Zacks Research downgraded Bank of New York Mellon from a "strong-buy" rating to a "hold" rating in a research note on Monday, September 7th. Erste Group Bank assumed coverage on Bank of New York Mellon in a research report on Wednesday, July 15th. They set a "buy" rating for the company. Citigroup lowered their price target on Bank of New York Mellon from $160.00 to $157.00 and set a "neutral" rating on the stock in a report on Monday, October 19th. Barclays lifted their price target on shares of Bank of New York Mellon from $149.00 to $178.00 and gave the company an "overweight" rating in a research report on Thursday, July 16th. Finally, Bank of America raised their target price on shares of 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. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, Bank of New York Mellon currently has an average rating of "Moderate Buy" and an average target price of $164.62.
Read Our Latest Stock Analysis on Bank of New York Mellon
Bank of New York Mellon News Roundup
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
(
Get Free Report)
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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