Keefe, Bruyette & Woods Raises Bank of New York Mellon (NYSE:BNY) Price Target to $177.00

Bank of New York Mellon (NYSE:BNY) had its target price raised by investment analysts at Keefe, Bruyette & Woods from $166.00 to $177.00 in a research report issued on Thursday,Benzinga reports. The brokerage presently has an “outperform” rating on the bank’s stock. Keefe, Bruyette & Woods’ price objective would suggest a potential upside of 12.25% from the company’s current price.

A number of other equities analysts also recently commented on the stock. Citigroup raised their target price on shares of Bank of New York Mellon from $136.00 to $167.00 and gave the company a “neutral” rating in a research note on Tuesday, June 23rd. Barclays raised their target price on Bank of New York Mellon from $143.00 to $149.00 and gave the company an “overweight” rating in a research note on Friday, April 17th. Erste Group Bank began coverage on Bank of New York Mellon in a research report on Wednesday. They set a “buy” rating on the stock. Truist Financial increased their price target on Bank of New York Mellon from $140.00 to $148.00 and gave the company a “buy” rating in a report on Friday, April 17th. Finally, JPMorgan Chase & Co. raised their price objective on Bank of New York Mellon from $140.00 to $149.00 and gave the company an “overweight” rating in a research note on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and five 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 an average target price of $152.85.

Bank of New York Mellon Trading Down 2.0%

Shares of BNY opened at $157.69 on Thursday. The company has a market capitalization of $108.24 billion, a PE ratio of 18.36, a price-to-earnings-growth ratio of 1.15 and a beta of 1.07. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.75 and a current ratio of 0.72. Bank of New York Mellon has a fifty-two week low of $97.70 and a fifty-two week high of $163.77. The stock has a fifty day moving average of $143.95 and a two-hundred day moving average of $129.76.

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 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 analyst estimates of $5.35 billion. During the same period in the prior year, the firm posted $1.93 EPS. The company’s revenue was up 13.3% on a year-over-year basis. As a group, analysts forecast that Bank of New York Mellon will post 9.17 EPS for the current year.

Institutional Trading of Bank of New York Mellon

Institutional investors and hedge funds have recently modified their holdings of the business. Linscomb Wealth Inc. raised its holdings in shares of Bank of New York Mellon by 2.5% during the fourth quarter. Linscomb Wealth Inc. now owns 3,240 shares of the bank’s stock valued at $376,000 after buying an additional 80 shares during the last quarter. Ransom Advisory Ltd increased its position in Bank of New York Mellon by 1.3% in the 4th quarter. Ransom Advisory Ltd now owns 6,777 shares of the bank’s stock valued at $787,000 after acquiring an additional 85 shares during the period. Mather Group LLC. raised its stake in Bank of New York Mellon by 0.9% during the 4th quarter. Mather Group LLC. now owns 9,232 shares of the bank’s stock valued at $1,072,000 after acquiring an additional 86 shares in the last quarter. Parkside Financial Bank & Trust boosted its position in Bank of New York Mellon by 3.2% during the 4th quarter. Parkside Financial Bank & Trust now owns 2,805 shares of the bank’s stock worth $326,000 after acquiring an additional 88 shares during the period. Finally, Essex Financial Services Inc. boosted its position in Bank of New York Mellon by 0.5% during the 4th quarter. Essex Financial Services Inc. now owns 17,584 shares of the bank’s stock worth $2,041,000 after acquiring an additional 89 shares during the period. 85.31% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Bank of New York Mellon

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

• Positive Sentiment: BNY posted stronger-than-expected Q2 results, with revenue hitting a record and profit topping estimates, reinforcing the view that its custody, asset servicing, and foreign exchange businesses are benefiting from elevated client activity. Article Title
• Positive Sentiment: The company raised its 2026 outlook and boosted payouts, which investors generally see as a sign of confidence in future earnings and capital strength. Article Title
• Positive Sentiment: Multiple firms raised price targets after the earnings report, including Truist to $178, Barclays to $178, KBW to $177, RBC to $168, and Wells Fargo to $162, signaling broad analyst confidence that the stock can move higher from current levels. Article Title
• Positive Sentiment: Coverage was also initiated by Erste Group Bank, adding to the overall constructive analyst backdrop for the shares. Article Title
• Neutral Sentiment: BNY priced a $500 million offering of depositary shares tied to preferred stock, a move that may support balance-sheet flexibility but can also dilute existing holders, making the stock reaction less clear-cut. Article Title
• Neutral Sentiment: Commentary around BNY’s AI investments and “measurable” client impact supports the long-term growth story, but it is more of a strategic narrative than an immediate catalyst. Article Title
• Negative Sentiment: Despite the strong quarter, some reports noted the shares traded lower because investors may have expected an even stronger 2026 guidance update, suggesting the outlook was good but not enough to fully satisfy expectations. Article Title

About Bank of New York Mellon

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.