Bank of New York Mellon (NYSE:BK – Free Report) had its price objective upped by Citigroup from $120.00 to $136.00 in a report published on Wednesday,Benzinga reports. The firm currently has a neutral rating on the bank’s stock.
BK has been the subject of a number of other reports. Morgan Stanley upped their target price on Bank of New York Mellon from $124.00 to $132.00 and gave the company an “overweight” rating in a research report on Wednesday. New Street Research set a $143.00 price target on Bank of New York Mellon in a research note on Wednesday. TD Cowen upped 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 research report on Wednesday, January 7th. Royal Bank Of Canada raised their target price on shares of Bank of New York Mellon from $124.00 to $130.00 and gave the company a “sector perform” rating in a report on Wednesday. Finally, Weiss Ratings restated a “buy (b+)” rating on shares of Bank of New York Mellon in a research report on Monday, December 29th. Eleven research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $124.67.
Read Our Latest Analysis on Bank of New York Mellon
Bank of New York Mellon Stock Performance
Bank of New York Mellon (NYSE:BK – Get Free Report) last announced its earnings results on Friday, October 31st. The bank reported $1.91 EPS for the quarter. The company had revenue of $5.07 billion for the quarter. Bank of New York Mellon had a net margin of 13.62% and a return on equity of 14.37%. Analysts anticipate that Bank of New York Mellon will post 6.96 earnings per share for the current year.
Bank of New York Mellon Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 5th. Shareholders of record on Friday, January 23rd will be paid a dividend of $0.53 per share. The ex-dividend date of this dividend is Friday, January 23rd. This represents a $2.12 annualized dividend and a yield of 1.7%. Bank of New York Mellon’s payout ratio is presently 28.61%.
Institutional Investors Weigh In On Bank of New York Mellon
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Norges Bank bought a new position in Bank of New York Mellon in the 2nd quarter valued at approximately $1,081,847,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Bank of New York Mellon by 639.5% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 7,076,729 shares of the bank’s stock worth $771,080,000 after buying an additional 6,119,749 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Bank of New York Mellon by 18.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 13,345,266 shares of the bank’s stock valued at $1,454,116,000 after acquiring an additional 2,034,781 shares during the last quarter. Qube Research & Technologies Ltd acquired a new stake in shares of Bank of New York Mellon during the 2nd quarter valued at $135,728,000. Finally, AQR Capital Management LLC boosted its holdings in shares of Bank of New York Mellon by 29.1% during the 3rd quarter. AQR Capital Management LLC now owns 4,023,663 shares of the bank’s stock valued at $438,418,000 after acquiring an additional 906,218 shares in the last quarter. 85.31% of the stock is owned by institutional investors.
Bank of New York Mellon News Roundup
Here are the key news stories impacting Bank of New York Mellon this week:
- Positive Sentiment: Q4 beat — BK reported Q4 EPS of $2.08 vs. consensus $1.97 and revenue $5.18B vs. $5.11B, driven by higher net interest income, fee growth and rising asset balances; company materials and the press release provide the details. BNY Reports Fourth Quarter 2025 Results
- Positive Sentiment: Multiple analysts raised targets — Citi bumped its PT to $136 (neutral), Morgan Stanley to $132 (overweight), RBC to $130 (sector perform) and BofA reiterated a Buy with a $142 PT — these revisions imply further upside and helped lift sentiment. Analyst Coverage Roundup
- Positive Sentiment: Dividend declared — Board approved a $0.53 quarterly common dividend (ex-div Jan 23, payable Feb 5), supporting yield-focused investors and signaling capital return commitment. BNY Declares Dividends
- Positive Sentiment: Management raising medium‑term targets — CEO commentary and the earnings call highlighted improved profitability and higher medium-term targets, reinforcing the narrative of a turnaround at the custody bank. CNBC: BNY raises profit target
- Neutral Sentiment: Earnings call / transcripts available — Full Q4 earnings call transcript and slide deck are published for deeper diligence on guidance, margin drivers and segment performance. Earnings Call Transcript
- Positive Sentiment: Share-price momentum — BK recently hit an all‑time high on the earnings/upgrade flow, which can attract momentum and quant flows. Investing.com: Stock hits all-time high
- Negative Sentiment: Growth/margin caution — Commentary from Barron’s and other coverage notes management expects revenue growth to slow in 2026 and that prior margin expansion tailwinds may moderate, which could limit multiple expansion. Barron’s: Why the stock is falling
- Negative Sentiment: Mixed analyst signals — Wells Fargo’s modest PT raise to $122 (equal-weight) implies limited upside from current levels; some coverage noted the stock dipped initially despite the beat, reflecting profit-taking or valuation concerns. Analyst note
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.
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