Kintegral Advisory LLC boosted its holdings in shares of Bank of New York Mellon Corporation (NYSE:BNY – Free Report) by 3.9% in the 3rd quarter, Holdings Channel reports. The firm owned 101,946 shares of the bank’s stock after buying an additional 3,841 shares during the period. Bank of New York Mellon makes up approximately 1.1% of Kintegral Advisory LLC’s portfolio, making the stock its 20th largest holding. Kintegral Advisory LLC’s holdings in Bank of New York Mellon were worth $14,939,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. New England Research & Management Inc. boosted its holdings in Bank of New York Mellon by 381.3% during the third quarter. New England Research & Management Inc. now owns 8,182 shares of the bank’s stock worth $1,183,000 after buying an additional 6,482 shares in the last quarter. McKinley Carter Wealth Services Inc. grew its position in Bank of New York Mellon by 130.6% in the third quarter. McKinley Carter Wealth Services Inc. now owns 81,555 shares of the bank’s stock worth $11,795,000 after buying an additional 46,193 shares during the last quarter. TD Waterhouse Canada Inc. grew its position in Bank of New York Mellon by 29.0% in the third quarter. TD Waterhouse Canada Inc. now owns 788,185 shares of the bank’s stock worth $121,681,000 after buying an additional 177,157 shares during the last quarter. Cyndeo Wealth Partners LLC increased its holdings in shares of Bank of New York Mellon by 68.9% in the third quarter. Cyndeo Wealth Partners LLC now owns 8,724 shares of the bank’s stock valued at $1,262,000 after buying an additional 3,560 shares in the last quarter. Finally, Hanson & Doremus Investment Management increased its holdings in shares of Bank of New York Mellon by 1,669.5% in the third quarter. Hanson & Doremus Investment Management now owns 13,944 shares of the bank’s stock valued at $2,017,000 after buying an additional 13,156 shares in the last quarter. 85.31% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In other Bank of New York Mellon news, VP Jose Minaya sold 3,520 shares of the business’s stock in a transaction on Monday, September 28th. The shares were sold at an average price of $148.79, for a total transaction of $523,740.80. Following the sale, the vice president directly owned 176,824 shares of the company’s stock, valued at $26,309,642.96. The trade was a 1.95% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Dermot Mcdonogh sold 31,800 shares of the business’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $155.26, for a total transaction of $4,937,268.00. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 38,840 shares of company stock valued at $6,033,502 in the last ninety days. Company insiders own 0.17% of the company’s stock.
Bank of New York Mellon Trading Up 0.8%
Bank of New York Mellon (NYSE:BNY – Get Free Report) last released its quarterly earnings results on Thursday, October 15th. The bank reported $2.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.26 by $0.11. The business had revenue of $5.68 billion for the quarter. Bank of New York Mellon had a net margin of 16.32% and a return on equity of 16.57%. The business’s quarterly revenue was up 11.7% compared to the same quarter last year. As a group, equities analysts forecast that Bank of New York Mellon Corporation will post 9.28 EPS for the current year.
Analysts Set New Price Targets
A number of equities research analysts have recently commented on BNY shares. TD Cowen assumed coverage on Bank of New York Mellon in a research report on Thursday, October 8th. They set a “hold” rating and a $160.00 price objective for the company. Zacks Research cut Bank of New York Mellon from a “strong-buy” rating to a “hold” rating in a report on Monday, September 7th. Barclays lifted their target price on Bank of New York Mellon from $149.00 to $178.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Argus boosted their target price on Bank of New York Mellon from $153.00 to $180.00 and gave the stock a “buy” rating in a research report on Wednesday, July 22nd. Finally, Royal Bank Of Canada upped their target price on Bank of New York Mellon from $142.00 to $168.00 and gave the company a “sector perform” rating in a report on Thursday, July 16th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $164.85.
Get Our Latest Research Report on BNY
Trending Headlines about Bank of New York Mellon
Here are the key news stories impacting Bank of New York Mellon this week:
- Positive Sentiment: Q3 earnings and revenue exceeded expectations. BNY reported quarterly earnings of approximately $2.37 per share, above the $2.26 analyst consensus, while revenue reached $5.68 billion, up 11.7% year over year. Net income and EPS rose sharply, supported by higher fee revenue, net interest income and expanding asset balances. BNY Q3 Earnings Beat Estimates on Fee Income and NII Growth
- Positive Sentiment: Management raised its outlook. BNY increased its 2026 revenue-growth and operating-leverage expectations, citing strong operating momentum, adoption of artificial intelligence and growth across securities services. Assets under custody and administration reportedly reached $63.4 trillion, reinforcing the company’s scale advantage. BNY Q3 Earnings Call Highlights Raised Outlook and AI Push
- Positive Sentiment: Shareholder returns and strategic initiatives support sentiment. BNY declared a $0.63 quarterly common-stock dividend, and the company announced the VeriCORE initiative with SFA and Snapdocs to modernize asset-backed-securities market infrastructure. BNY Declares Dividends
- Neutral Sentiment: Truist remains bullish but reduced its price target. Truist maintained a “buy” rating while lowering its target from $172 to $165, suggesting continued upside but also a more cautious valuation outlook.
- Neutral Sentiment: CEO Robin Vince said a potential 5.25% 10-year Treasury yield would not be historically unusual. The comments may ease concerns about interest-rate conditions, but they do not materially change BNY’s earnings outlook. US 10-year Treasury Yield Levels Not Unprecedented
- Negative Sentiment: Expenses and AI investment remain risks. Although AI is being embedded throughout the business, BNY has not disclosed the associated costs. Rising expenses could limit the benefit of revenue growth and operating leverage. While Embedding AI Everywhere, BNY Won’t Disclose Costs
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.
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