The Bank of New York Mellon Corporation $BK is Barnes Dennig Private Wealth Management LLC’s Largest Position

Barnes Dennig Private Wealth Management LLC reduced its position in The Bank of New York Mellon Corporation (NYSE:BK) by 10.5% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 49,398 shares of the bank’s stock after selling 5,811 shares during the quarter. Bank of New York Mellon comprises about 5.8% of Barnes Dennig Private Wealth Management LLC’s holdings, making the stock its largest position. Barnes Dennig Private Wealth Management LLC’s holdings in Bank of New York Mellon were worth $5,382,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of BK. Westside Investment Management Inc. increased its stake in shares of Bank of New York Mellon by 78.9% during the second 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. acquired a new position in Bank of New York Mellon during the 2nd quarter worth approximately $32,000. GFG Capital LLC acquired a new position in Bank of New York Mellon during the 2nd quarter worth approximately $36,000. Caldwell Trust Co purchased a new position in shares of Bank of New York Mellon during the 2nd quarter worth approximately $36,000. Finally, Princeton Global Asset Management LLC lifted its holdings in shares of Bank of New York Mellon by 89.0% in the 2nd quarter. Princeton Global Asset Management LLC now owns 446 shares of the bank’s stock valued at $41,000 after buying an additional 210 shares during the period. Hedge funds and other institutional investors own 85.31% of the company’s stock.

Bank of New York Mellon News Roundup

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

• Positive Sentiment: TD Cowen raised its price target to $145 and maintained a “buy” rating, signaling roughly 20% upside from current levels — a strong vote of confidence from a sell‑side shop. TD Cowen Raises Price Target
• Positive Sentiment: Truist upgraded BK from “hold” to “buy” and increased its target to $134 (from $119), reinforcing the recent analyst upgrade momentum. Truist Upgrade
• Positive Sentiment: Barclays and other outlets highlighted strong upside potential and the stock recently hit a new 52‑week high following analyst upgrades — this helps explain recent buying and higher valuations. Barclays Forecasts Strong Price Appreciation
• Neutral Sentiment: Zacks published previews saying BK has historically beaten estimates and currently looks set to beat again, making the upcoming earnings release a near‑term catalyst (binary risk/reward). Zacks Earnings Preview
• Neutral Sentiment: BK is scheduled to report earnings next week; Wall Street expects earnings growth — the report will likely be the decisive short‑term mover (could swing the stock either way). Earnings Schedule/Expectations
• Neutral Sentiment: BNY Mellon group (the firm’s custody/asset management entities) ceased to be a substantial holder in Australian miner Boss Energy — a disclosure about an external holding that is unlikely to meaningfully affect BK’s fundamentals. BNY Mellon Ceases to Be Substantial Holder in Boss Energy
• Negative Sentiment: After the run-up and analyst upgrades, today’s pullback looks like profit-taking/rotation risk; if upcoming earnings or guidance disappoint, downside could be amplified given the recent multiple expansion. Market/Price Action Context

Analyst Ratings Changes

A number of brokerages recently weighed in on BK. Keefe, Bruyette & Woods upped their price objective on Bank of New York Mellon from $120.00 to $124.00 and gave the stock an “outperform” rating in a report on Friday, October 17th. BMO Capital Markets initiated coverage on shares of Bank of New York Mellon in a research report on Friday, October 3rd. They set an “outperform” rating and a $125.00 target price on the stock. Weiss Ratings reiterated a “buy (b+)” rating on shares of Bank of New York Mellon in a report on Monday, December 29th. TD Cowen boosted their price objective on shares of Bank of New York Mellon from $133.00 to $145.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, Wells Fargo & Company upped their target price on shares of Bank of New York Mellon from $100.00 to $109.00 and gave the stock an “equal weight” rating in a research report on Friday, October 17th. Eleven investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $115.43.

Bank of New York Mellon Stock Performance

Bank of New York Mellon stock opened at $120.42 on Thursday. The stock has a fifty day moving average price of $113.20 and a 200 day moving average price of $106.10. 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 $83.97 billion, a P/E ratio of 17.38, a PEG ratio of 0.99 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 (NYSE:BK) last posted its quarterly earnings results on Friday, October 31st. The bank reported $1.91 EPS for the quarter. Bank of New York Mellon had a return on equity of 14.03% and a net margin of 12.86%.The company had revenue of $5.07 billion during the quarter. Equities research analysts anticipate that The Bank of New York Mellon Corporation will post 6.96 earnings per share for the current year.

Bank of New York Mellon Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 7th. Investors of record on Monday, October 27th were given 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 yield of 1.8%. Bank of New York Mellon’s dividend payout ratio 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.