Wells Fargo & Company Issues Positive Forecast for Bank of New York Mellon (NYSE:BNY) Stock Price

Bank of New York Mellon (NYSE:BNY) had its price target lifted by stock analysts at Wells Fargo & Company from $152.00 to $162.00 in a research report issued on Thursday,Benzinga reports. The brokerage presently has an “equal weight” rating on the bank’s stock. Wells Fargo & Company‘s target price would indicate a potential upside of 0.81% from the stock’s current price.

Several other equities analysts also recently issued reports on the company. Evercore set a $136.00 price objective on Bank of New York Mellon in a research report on Friday, April 17th. Citigroup raised their target price on Bank of New York Mellon from $136.00 to $167.00 and gave the company a “neutral” rating in a research report on Tuesday, June 23rd. Erste Group Bank assumed coverage on Bank of New York Mellon in a research note on Wednesday. They set a “buy” rating on the stock. Royal Bank Of Canada boosted their price target on Bank of New York Mellon from $130.00 to $142.00 and gave the stock a “sector perform” rating in a research report on Friday, April 17th. Finally, Weiss Ratings raised Bank of New York Mellon from a “buy (a-)” rating to a “buy (a)” rating in a research note on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, Bank of New York Mellon has an average rating of “Moderate Buy” and an average price target of $148.54.

Bank of New York Mellon Stock Performance

Shares of BNY stock traded down $1.65 during trading hours on Thursday, reaching $160.70. The stock had a trading volume of 1,311,299 shares, compared to its average volume of 3,839,228. The firm has a market capitalization of $110.30 billion, a PE ratio of 19.91, a price-to-earnings-growth ratio of 1.14 and a beta of 1.07. The firm has a 50-day simple moving average of $142.80 and a 200-day simple moving average of $129.26. Bank of New York Mellon has a twelve month low of $95.13 and a twelve month high of $163.77. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.75 and a quick ratio of 0.75.

Bank of New York Mellon (NYSE:BNY) last posted its earnings results on Wednesday, July 15th. The bank reported $2.46 EPS for the quarter, topping the consensus estimate of $2.16 by $0.30. Bank of New York Mellon had a net margin of 14.60% and a return on equity of 15.29%. The firm had revenue of $5.70 billion during the quarter, compared to analysts’ expectations of $5.35 billion. During the same quarter in the prior year, the firm earned $1.93 EPS. Bank of New York Mellon’s quarterly revenue was up 13.3% on a year-over-year basis. As a group, equities analysts forecast that Bank of New York Mellon will post 8.94 earnings per share for the current year.

Insider Activity at Bank of New York Mellon

In related news, insider Kurtis R. Kurimsky sold 5,290 shares of the firm’s stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of $136.02, for a total transaction of $719,545.80. Following the transaction, the insider owned 17,259 shares in the company, valued at $2,347,569.18. This trade represents a 23.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Alejandro Perez sold 12,504 shares of the business’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $137.01, for a total value of $1,713,173.04. Following the sale, the executive vice president directly owned 62,613 shares in the company, valued at approximately $8,578,607.13. The trade was a 16.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 48,091 shares of company stock valued at $6,568,423. Insiders own 0.17% of the company’s stock.

Institutional Trading of Bank of New York Mellon

Several institutional investors have recently modified their holdings of BNY. Linscomb Wealth Inc. boosted its stake in shares of Bank of New York Mellon by 2.5% during the 4th quarter. Linscomb Wealth Inc. now owns 3,240 shares of the bank’s stock worth $376,000 after acquiring an additional 80 shares in the last quarter. Ransom Advisory Ltd lifted its holdings in Bank of New York Mellon by 1.3% in the 4th quarter. Ransom Advisory Ltd now owns 6,777 shares of the bank’s stock worth $787,000 after purchasing an additional 85 shares during the last quarter. Mather Group LLC. lifted its holdings in Bank of New York Mellon by 0.9% in the 4th quarter. Mather Group LLC. now owns 9,232 shares of the bank’s stock worth $1,072,000 after purchasing an additional 86 shares during the last quarter. Parkside Financial Bank & Trust boosted its position in Bank of New York Mellon by 3.2% during the fourth quarter. Parkside Financial Bank & Trust now owns 2,805 shares of the bank’s stock worth $326,000 after purchasing an additional 88 shares during the period. Finally, Essex Financial Services Inc. boosted its position in Bank of New York Mellon by 0.5% during the fourth quarter. Essex Financial Services Inc. now owns 17,584 shares of the bank’s stock worth $2,041,000 after purchasing an additional 89 shares during the period. Institutional investors and hedge funds own 85.31% of the company’s stock.

More Bank of New York Mellon News

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

• Positive Sentiment: BNY reported Q2 earnings of $2.46 per share, topping estimates, on revenue of $5.70 billion that also beat forecasts, with revenue up 13.3% year over year. BNY Reports Second Quarter 2026 Results
• Positive Sentiment: The company raised its 2026 revenue outlook to $22.0 billion-$22.2 billion, above consensus, and increased its quarterly dividend by 19%, signaling confidence in future cash generation. BNY Declares Dividends
• Positive Sentiment: Analysts turned more constructive after the results, with Keefe, Bruyette & Woods raising its price target to $177 and Erste Group Bank initiating coverage with a buy rating. Benzinga coverage
• Positive Sentiment: Several commentaries highlighted record revenue, stronger profit, and improving momentum in fees, net interest income, and AI-related client benefits, reinforcing the upbeat long-term narrative. Bloomberg report
• Neutral Sentiment: An unusual spike in put-option buying suggests some traders were hedging ahead of or after earnings, which may reflect caution rather than a clear fundamental concern.
• Negative Sentiment: The stock also faced a “sell the news” reaction in some coverage, with traders focused on the fact that the stronger Q2 results were partly offset by guidance that did not exceed the market’s highest expectations. Seeking Alpha report

Bank of New York Mellon Company Profile

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.