Concurrent Investment Advisors LLC Reduces Stock Holdings in The Bank of New York Mellon Corporation $BK

Concurrent Investment Advisors LLC lowered its holdings in The Bank of New York Mellon Corporation (NYSE:BK) by 18.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 25,591 shares of the bank’s stock after selling 5,752 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Bank of New York Mellon were worth $2,788,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. TD Private Client Wealth LLC raised its stake in shares of Bank of New York Mellon by 9.5% during the 3rd quarter. TD Private Client Wealth LLC now owns 5,250 shares of the bank’s stock valued at $572,000 after buying an additional 454 shares during the last quarter. CPC Advisors LLC acquired a new stake in Bank of New York Mellon during the third quarter worth about $1,952,000. GRIMES & Co WEALTH MANAGEMENT LLC raised its position in Bank of New York Mellon by 466.6% during the third quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 35,178 shares of the bank’s stock valued at $3,833,000 after acquiring an additional 28,969 shares in the last quarter. Nordea Investment Management AB lifted its holdings in Bank of New York Mellon by 10.2% in the third quarter. Nordea Investment Management AB now owns 68,579 shares of the bank’s stock valued at $7,483,000 after acquiring an additional 6,357 shares during the period. Finally, ZEGA Investments LLC purchased a new stake in Bank of New York Mellon in the 3rd quarter worth approximately $1,050,000. 85.31% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

BK has been the subject of several recent research reports. Evercore ISI lifted their target price on shares of Bank of New York Mellon from $91.00 to $110.00 and gave the company an “in-line” rating in a report on Tuesday, September 30th. BMO Capital Markets initiated coverage on shares of Bank of New York Mellon in a report on Friday, October 3rd. They issued an “outperform” rating and a $125.00 price objective for the company. Weiss Ratings reiterated a “buy (b+)” rating on shares of Bank of New York Mellon in a research report on Monday, December 29th. Royal Bank Of Canada raised their target price on Bank of New York Mellon from $124.00 to $130.00 and gave the company a “sector perform” rating in a research report on Wednesday. Finally, Wells Fargo & Company lifted their price target on Bank of New York Mellon from $119.00 to $122.00 and gave the company an “equal weight” rating in a research note on Wednesday. Nine analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, Bank of New York Mellon has an average rating of “Moderate Buy” and a consensus price target of $129.00.

Bank of New York Mellon News Roundup

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

• Positive Sentiment: Q4 earnings beat and investor takeaways — BK reported upbeat Q4 results and the call highlighted strong business performance; the earnings reaction pushed the stock to a near-term high. Bank of New York Mellon Q4 Earnings Call Highlights
• Positive Sentiment: New 52‑week high on earnings beat — Coverage notes BK hit a 52‑week high after the Q4 beat, signaling strong short‑term momentum. Bank of New York Mellon (NYSE:BK) Hits New 52-Week High on Earnings Beat
• Positive Sentiment: Analysts raise targets and reiterate buys — Multiple shops bumped targets after the quarter (Morgan Stanley, Citigroup, RBC, BofA) and several firms reiterated Buy/Overweight opinions, supporting upside expectations. These Analysts Boost Their Forecasts On Bank of New York Mellon After Upbeat Q4 Earnings
• Positive Sentiment: BofA reiterates Buy and highlights franchise quality — Bank of America Securities called BK a high‑quality, AI‑enabled franchise with upside to earnings/returns (price target cited). BNY Mellon: High-Quality, AI-Enabled Franchise Trading at a Discount With Upside to Earnings and Returns
• Positive Sentiment: Dividend declared — BK announced a quarterly dividend of $0.53 (record Jan 23, payable Feb 5), which supports income-focused holders and signals confidence in cash flow.
• Neutral Sentiment: Evercore ISI moves to Hold — Evercore’s hold rating is a moderating signal amid the upgrades, suggesting some analysts want to see sustained execution or valuation relief. Bank of New York Mellon (BK) Gets a Hold from Evercore ISI
• Neutral Sentiment: Several firms set neutral/equal‑weight ratings even as they raise targets (Citigroup’s neutral with higher PT, Wells Fargo equal weight) — mixed analyst tone keeps consensus from becoming uniformly bullish. Benzinga
• Negative Sentiment: Valuation concerns — Some commentary argues BK shares remain pricey despite a favorable macro backdrop, which can cap upside until multiples expand or earnings guidance improves. Bank of New York Mellon: Shares Still Pricey Amid A Favorable Macro Backdrop

Bank of New York Mellon Stock Down 0.5%

BK stock opened at $123.91 on Friday. The stock has a market capitalization of $86.41 billion, a P/E ratio of 16.72, a P/E/G ratio of 0.96 and a beta of 1.11. The firm has a 50-day simple moving average of $114.84 and a 200-day simple moving average of $107.30. The company has a quick ratio of 0.70, a current ratio of 0.71 and a debt-to-equity ratio of 0.81. The Bank of New York Mellon Corporation has a 52 week low of $70.46 and a 52 week high of $125.89.

Bank of New York Mellon (NYSE:BK) last issued its quarterly earnings results on Friday, October 31st. The bank reported $1.91 earnings per share for the quarter. Bank of New York Mellon had a net margin of 13.62% and a return on equity of 14.37%. The firm had revenue of $5.07 billion for the quarter. Equities analysts forecast that The Bank of New York Mellon Corporation will post 6.96 earnings per share for the current fiscal year.

Bank of New York Mellon Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 5th. Investors of record on Friday, January 23rd will be given a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Friday, January 23rd. Bank of New York Mellon’s payout ratio is presently 28.61%.

Bank of New York Mellon 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.