Vivid Wealth Management LLC Sells 5,048 Shares of The Bank of New York Mellon Corporation $BK

Vivid Wealth Management LLC cut its holdings in The Bank of New York Mellon Corporation (NYSE:BK) by 16.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 25,728 shares of the bank’s stock after selling 5,048 shares during the period. Vivid Wealth Management LLC’s holdings in Bank of New York Mellon were worth $2,803,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Westside Investment Management Inc. increased its stake in Bank of New York Mellon by 78.9% during the 2nd quarter. Westside Investment Management Inc. now owns 288 shares of the bank’s stock worth $26,000 after acquiring an additional 127 shares during the period. Hoey Investments Inc. bought a new position in shares of Bank of New York Mellon in the second quarter worth about $32,000. GFG Capital LLC acquired a new stake in Bank of New York Mellon in the second quarter valued at approximately $36,000. Caldwell Trust Co acquired a new stake in shares of Bank of New York Mellon during the 2nd quarter valued at $36,000. Finally, Princeton Global Asset Management LLC boosted its stake in shares of Bank of New York Mellon by 89.0% during the second quarter. Princeton Global Asset Management LLC now owns 446 shares of the bank’s stock valued at $41,000 after purchasing an additional 210 shares in the last quarter. Institutional investors and hedge funds own 85.31% of the company’s stock.

Trending Headlines about Bank of New York Mellon

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

• Positive Sentiment: Q4 earnings beat — BK reported $2.08 EPS vs. consensus $1.96 and revenue of $5.18B vs. $5.11B expected; return on equity of 14.03% and a healthy net margin support profitability, a direct catalyst for upward price pressure.
• Positive Sentiment: Business drivers look constructive — Analysts expect rising fee income and higher net interest income (NII) to lift Q4 results, reinforcing the earnings beat and suggesting sustained revenue strength. Rise in Fee Income, NII Likely to Aid BK’s Q4 Earnings (Revised)
• Positive Sentiment: Short interest fell materially in December (down ~16.9% to ~8.78M shares), reducing a potential short-covering pressure risk and signaling less bearish positioning among traders — a supportive technical factor.
• Positive Sentiment: Analyst sentiment skews favorable — Consensus from covering analysts is a “Moderate Buy” (11 buys, 4 holds), which can underpin buying after a beat. The Bank of New York Mellon Corporation (NYSE:BK) Receives Average Recommendation of “Moderate Buy” from Analysts
• Neutral Sentiment: Sector tailwinds cited — Coverage notes that banks’ Q4 results should benefit from M&A and trading activity, which may lift BK indirectly but is not company-specific. Banks’ Q4 earnings seen rising on M&A, trading activity
• Neutral Sentiment: Forward estimates and previews — Market previews (Benzinga/Zacks) reiterate expected revenue/earnings drivers; useful for modeling but largely confirmatory rather than new information. A Look Ahead: Bank of New York Mellon’s Earnings Forecast
• Negative Sentiment: Regulatory/policy risk — Broader bank commentary notes potential headwinds from proposals to cap credit-card interest rates, which would pressure margins for some lenders and inject regulatory uncertainty into bank stocks generally. These Two Top Banks Chart Bullish Patterns Ahead Of Q4 Launch

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. Wells Fargo & Company raised their price target on shares of Bank of New York Mellon from $100.00 to $109.00 and gave the stock an “equal weight” rating in a report on Friday, October 17th. TD Cowen upped their price objective on Bank of New York Mellon from $133.00 to $145.00 and gave the company a “buy” rating in a research note on Wednesday, January 7th. Keefe, Bruyette & Woods increased their target price on shares of Bank of New York Mellon from $120.00 to $124.00 and gave the stock an “outperform” rating in a research report on Friday, October 17th. Weiss Ratings reiterated a “buy (b+)” rating on shares of Bank of New York Mellon in a research note on Monday, December 29th. Finally, Morgan Stanley raised their target price on Bank of New York Mellon from $118.00 to $124.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 17th. Eleven investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $115.43.

Bank of New York Mellon Stock Up 1.4%

Shares of NYSE:BK opened at $120.66 on Tuesday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.70 and a current ratio of 0.70. The firm has a fifty day moving average of $113.92 and a 200 day moving average of $106.84. The Bank of New York Mellon Corporation has a 52-week low of $70.46 and a 52-week high of $122.36. The firm has a market capitalization of $84.14 billion, a PE ratio of 17.41, a price-to-earnings-growth ratio of 0.92 and a beta of 1.11.

Bank of New York Mellon (NYSE:BK) last announced its quarterly earnings data on Friday, October 31st. The bank reported $1.91 EPS for the quarter. The firm had revenue of $5.07 billion for the quarter. Bank of New York Mellon had a return on equity of 14.03% and a net margin of 12.86%. As a group, research analysts anticipate that The Bank of New York Mellon Corporation will post 6.96 EPS for the current fiscal year.

Bank of New York Mellon Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 7th. Shareholders of record on Monday, October 27th were paid a dividend of $0.53 per share. The ex-dividend date of this dividend was Monday, October 27th. This represents a $2.12 annualized dividend and a dividend yield of 1.8%. Bank of New York Mellon’s dividend payout ratio (DPR) is 30.59%.

About Bank of New York Mellon

Bank of New York Mellon Corporation (BNY Mellon) is a global financial services company headquartered in New York City that provides a wide range of asset servicing, custody, and related financial infrastructure solutions to institutional clients. Its core businesses include custody and asset servicing, clearing and collateral management, treasury services, securities lending, corporate trust services, and depositary receipt administration. The company also offers investment management and advisory services through its asset management arm and provides technology-enabled solutions for trade processing, foreign exchange, and liquidity management.

BNY Mellon serves a broad client base that includes asset managers, pension funds, corporations, banks, broker-dealers and sovereign entities.