Barclays Issues Positive Forecast for Bank of New York Mellon (NYSE:BNY) Stock Price

Bank of New York Mellon (NYSE:BNY) had its target price hoisted by Barclays from $149.00 to $178.00 in a research note issued to investors on Thursday morning,Benzinga reports. Barclays currently has an overweight rating on the bank’s stock.

A number of other analysts also recently weighed in on BNY. Morgan Stanley increased their price target on shares of Bank of New York Mellon from $135.00 to $139.00 and gave the company an “equal weight” rating in a report on Friday, April 17th. Truist Financial boosted their price objective on shares of Bank of New York Mellon from $140.00 to $148.00 and gave the stock a “buy” rating in a report on Friday, April 17th. Citigroup upped their price objective on shares of 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. Wall Street Zen upgraded shares of Bank of New York Mellon to a “hold” rating in a research note on Saturday, May 23rd. Finally, Keefe, Bruyette & Woods boosted their price target on Bank of New York Mellon from $166.00 to $177.00 and gave the company an “outperform” rating in a research note on Thursday. One research 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’s stock. According to MarketBeat.com, Bank of New York Mellon currently has an average rating of “Moderate Buy” and an average price target of $152.85.

Bank of New York Mellon Stock Down 1.0%

Shares of BNY stock opened at $160.73 on Thursday. Bank of New York Mellon has a 12 month low of $95.13 and a 12 month high of $163.77. The company has a quick ratio of 0.75, a current ratio of 0.72 and a debt-to-equity ratio of 0.76. The firm has a market cap of $110.32 billion, a PE ratio of 18.71, a price-to-earnings-growth ratio of 1.19 and a beta of 1.07. The stock has a 50 day moving average of $143.41 and a 200-day moving average of $129.56.

Bank of New York Mellon (NYSE:BNY) last announced its quarterly earnings data on Wednesday, July 15th. The bank reported $2.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.16 by $0.30. Bank of New York Mellon had a net margin of 15.52% and a return on equity of 16.00%. The business had revenue of $5.70 billion for the quarter, compared to the consensus estimate of $5.35 billion. During the same quarter last year, the company posted $1.93 earnings per share. Bank of New York Mellon’s quarterly revenue was up 13.3% on a year-over-year basis. On average, equities analysts predict that Bank of New York Mellon will post 8.94 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in BNY. Abound Financial LLC bought a new stake in shares of Bank of New York Mellon in the 4th quarter valued at approximately $25,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Bank of New York Mellon during the 4th quarter worth approximately $27,000. MCF Advisors LLC boosted its stake in Bank of New York Mellon by 74.8% in the 4th quarter. MCF Advisors LLC now owns 236 shares of the bank’s stock valued at $27,000 after buying an additional 101 shares in the last quarter. Marquette Asset Management LLC boosted its stake in Bank of New York Mellon by 174.7% in the 4th quarter. Marquette Asset Management LLC now owns 261 shares of the bank’s stock valued at $30,000 after buying an additional 166 shares in the last quarter. Finally, Heritage Wealth Advisors bought a new stake in Bank of New York Mellon in the fourth quarter valued at $31,000. Institutional investors and hedge funds 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: BNY reported stronger-than-expected Q2 results, with EPS of $2.46 topping estimates and revenue of $5.70 billion beating forecasts, while revenue rose 13.3% year over year. BNY Reports Second Quarter 2026 Results
• Positive Sentiment: The company raised its quarterly common dividend by 19%, reinforcing confidence in cash generation and shareholder returns. BNY Declares Dividends
• Positive Sentiment: Multiple Wall Street firms raised price targets after the earnings release, including Barclays, Keefe, Bruyette & Woods, Truist, RBC, and Wells Fargo, which suggests analysts see more upside ahead. Analyst price target updates
• Neutral Sentiment: BNY announced pricing for a $500 million depositary shares offering tied to preferred stock, a move that adds capital but can also dilute returns for common shareholders. BNY Announces Pricing of Public Offering of $500,000,000 of Depositary Shares Representing Interests in Preferred Stock
• Neutral Sentiment: Commentary around BNY’s record revenue, AI initiatives, and improved business momentum supports the longer-term story, but these items are more background than immediate stock-moving catalysts. BNY Revenue Hits Record, Driving Stronger-Than-Expected Profit
• Negative Sentiment: Despite the beat, the stock has been pressured because the company’s improved 2026 outlook appears to have fallen short of the market’s elevated expectations. BNY Mellon trades lower despite strong Q2, improved 2026 guidance
• Negative Sentiment: Unusual demand for put options also suggests some traders were positioning for downside or hedging after the earnings announcement. Unusual options trading activity

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.