Citigroup Raises Bank of New York Mellon (NYSE:BK) Price Target to $136.00

Bank of New York Mellon (NYSE:BK) had its target price hoisted by research analysts at Citigroup from $120.00 to $136.00 in a research report issued on Wednesday,Benzinga reports. The firm currently has a “neutral” rating on the bank’s stock. Citigroup’s price target would indicate a potential upside of 9.30% from the stock’s previous close.

BK has been the subject of several other research reports. BMO Capital Markets initiated coverage on Bank of New York Mellon in a report on Friday, October 3rd. They set an “outperform” rating and a $125.00 price target for the company. Morgan Stanley raised their price target on Bank of New York Mellon from $124.00 to $132.00 and gave the company an “overweight” rating in a report on Wednesday. Truist Financial raised Bank of New York Mellon from a “hold” rating to a “buy” rating and lifted their price objective for the company from $119.00 to $134.00 in a research report on Wednesday, January 7th. New Street Research set a $143.00 price objective on Bank of New York Mellon in a research note on Wednesday. Finally, TD Cowen boosted their price target on Bank of New York Mellon from $133.00 to $145.00 and gave the stock a “buy” rating in a research report on Wednesday, January 7th. Eleven research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $124.67.

Bank of New York Mellon Price Performance

Shares of BK traded up $1.50 during mid-day trading on Wednesday, hitting $124.43. 6,101,958 shares of the company traded hands, compared to its average volume of 4,029,788. The business has a 50-day moving average of $114.21 and a 200 day moving average of $107.06. The stock has a market capitalization of $86.77 billion, a price-to-earnings ratio of 17.96, a PEG ratio of 0.94 and a beta of 1.11. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.83. Bank of New York Mellon has a one year low of $70.46 and a one year high of $124.93.

Bank of New York Mellon (NYSE:BK) last released its quarterly earnings results on Friday, October 31st. The bank reported $1.91 earnings per share for the quarter. The company had revenue of $5.07 billion during the quarter. Bank of New York Mellon had a net margin of 12.86% and a return on equity of 14.03%. As a group, equities analysts expect that Bank of New York Mellon will post 6.96 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Hennion & Walsh Asset Management Inc. grew its stake in Bank of New York Mellon by 21.3% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 52,934 shares of the bank’s stock worth $6,145,000 after purchasing an additional 9,287 shares during the period. Redhawk Wealth Advisors Inc. increased its holdings in Bank of New York Mellon by 81.9% during the 4th quarter. Redhawk Wealth Advisors Inc. now owns 24,201 shares of the bank’s stock worth $2,809,000 after purchasing an additional 10,893 shares during the period. Cypress Wealth Services LLC raised its stake in shares of Bank of New York Mellon by 37.1% during the 4th quarter. Cypress Wealth Services LLC now owns 2,811 shares of the bank’s stock worth $326,000 after acquiring an additional 760 shares in the last quarter. Eastern Bank lifted its position in Bank of New York Mellon by 54.5% during the 4th quarter. Eastern Bank now owns 1,431 shares of the bank’s stock worth $166,000 after acquiring an additional 505 shares during the period. Finally, Woodward Diversified Capital LLC increased its holdings in shares of Bank of New York Mellon by 8.0% during the 4th quarter. Woodward Diversified Capital LLC now owns 8,099 shares of the bank’s stock valued at $940,000 after purchasing an additional 598 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 beat and company outlook — BK posted Q4 EPS and revenue above consensus driven by higher net interest income, rising fee income and asset growth; management signaled the turnaround is taking hold and raised medium‑term profit targets. This is the primary driver behind the stronger share action. BNY Reports Fourth Quarter 2025 Results
• Positive Sentiment: Analysts raising targets and reiterations — Multiple firms bumped price targets or reiterated buys after the quarter (Morgan Stanley to $132 overweight; RBC to $130 sector perform; BofA reiterated Buy at $142), signaling renewed analyst conviction and providing upside to investor expectations. These Analysts Boost Their Forecasts On Bank of New York Mellon
• Positive Sentiment: Dividend maintained/income support — BNY declared a $0.53 quarterly common dividend (payable Feb 5), which supports the stock’s income profile and may reassure yield-focused investors. BNY Declares Dividends
• Positive Sentiment: Decline in short interest — Short interest fell ~16.9% in December, reducing one potential source of downward pressure and helping momentum after the beat. (Data summarized in market commentary.)
• Neutral Sentiment: Market reaction mixed intraday — despite the beat, the stock briefly dipped on some desks before moving higher; transcripts, slides and detailed call notes are available for investors assessing sustainability. Q4 Earnings Analysis & Call Transcript Q4 Presentation
• Negative Sentiment: Guidance and margin outlook limit upside — management’s 2026 revenue growth guidance and commentary suggest slower top‑line growth and that prior margin expansion may decelerate as easy cost savings are exhausted; some research notes that valuation already prices much of the improvement. This tempers how much the beat will translate into sustained multiple expansion. BNY Mellon Earnings Top Expectations. Why the Stock Is Falling.

Bank of New York Mellon Company Profile

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.