The Bank of New York Mellon Corporation (NYSE:BK – Free Report) – Analysts at Zacks Research raised their Q3 2025 EPS estimates for Bank of New York Mellon in a research note issued on Tuesday, August 12th. Zacks Research analyst R. Department now expects that the bank will post earnings per share of $1.61 for the quarter, up from their prior estimate of $1.60. The consensus estimate for Bank of New York Mellon’s current full-year earnings is $6.96 per share. Zacks Research also issued estimates for Bank of New York Mellon’s FY2025 earnings at $6.89 EPS, Q2 2026 earnings at $1.95 EPS, Q3 2026 earnings at $1.92 EPS, FY2026 earnings at $7.58 EPS and FY2027 earnings at $8.49 EPS.
A number of other brokerages have also recently issued reports on BK. Truist Financial lifted their price objective on shares of Bank of New York Mellon from $100.00 to $109.00 and gave the company a “hold” rating in a report on Thursday. Wells Fargo & Company lifted their price objective on shares of Bank of New York Mellon from $96.00 to $100.00 and gave the company an “equal weight” rating in a report on Wednesday, July 16th. Evercore ISI lifted their price objective on shares of Bank of New York Mellon from $88.00 to $90.00 and gave the company an “in-line” rating in a report on Wednesday, July 2nd. Keefe, Bruyette & Woods lifted their price objective on shares of Bank of New York Mellon from $105.00 to $113.00 and gave the company an “outperform” rating in a report on Wednesday, July 16th. Finally, Morgan Stanley boosted their price target on shares of Bank of New York Mellon from $95.00 to $101.00 and gave the stock an “overweight” rating in a report on Wednesday, July 16th. Seven equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, Bank of New York Mellon has a consensus rating of “Moderate Buy” and a consensus price target of $95.08.
Bank of New York Mellon Stock Up 1.6%
Shares of NYSE BK opened at $103.50 on Wednesday. The stock has a market capitalization of $72.99 billion, a P/E ratio of 15.80, a P/E/G ratio of 0.98 and a beta of 1.12. The company has a 50-day moving average price of $95.55 and a 200-day moving average price of $87.98. Bank of New York Mellon has a 1 year low of $64.50 and a 1 year high of $104.47. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.72 and a quick ratio of 0.72.
Bank of New York Mellon (NYSE:BK – Get Free Report) last issued its quarterly earnings data on Tuesday, July 15th. The bank reported $1.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.73 by $0.21. The firm had revenue of $4.77 billion during the quarter, compared to analysts’ expectations of $4.80 billion. Bank of New York Mellon had a net margin of 12.27% and a return on equity of 13.46%. The business’s revenue was up 9.4% on a year-over-year basis. During the same period last year, the company earned $1.51 earnings per share.
Institutional Trading of Bank of New York Mellon
Hedge funds and other institutional investors have recently modified their holdings of the business. Westside Investment Management Inc. raised its position in shares of Bank of New York Mellon by 78.9% in the second quarter. Westside Investment Management Inc. now owns 288 shares of the bank’s stock valued at $26,000 after purchasing an additional 127 shares during the period. Alpine Bank Wealth Management bought a new stake in shares of Bank of New York Mellon in the first quarter valued at approximately $25,000. Opal Wealth Advisors LLC bought a new stake in shares of Bank of New York Mellon in the first quarter valued at approximately $25,000. Parvin Asset Management LLC bought a new stake in shares of Bank of New York Mellon in the fourth quarter valued at approximately $25,000. Finally, Hoey Investments Inc. bought a new stake in shares of Bank of New York Mellon in the second quarter valued at approximately $32,000. Institutional investors own 85.31% of the company’s stock.
Insider Buying and Selling
In other Bank of New York Mellon news, EVP J Kevin Mccarthy sold 20,000 shares of Bank of New York Mellon stock in a transaction dated Tuesday, July 22nd. The shares were sold at an average price of $98.45, for a total value of $1,969,000.00. Following the sale, the executive vice president owned 35,115 shares of the company’s stock, valued at approximately $3,457,071.75. The trade was a 36.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.14% of the company’s stock.
Bank of New York Mellon Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 7th. Shareholders of record on Friday, July 25th were given a $0.53 dividend. This is a positive change from Bank of New York Mellon’s previous quarterly dividend of $0.47. This represents a $2.12 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend was Friday, July 25th. Bank of New York Mellon’s payout ratio is presently 32.37%.
Bank of New York Mellon Company Profile
The Bank of New York Mellon Corporation provides a range of financial products and services in the United States and internationally. The company operates through Securities Services, Market and Wealth Services, Investment and Wealth Management, and other segments. The Securities Services segment offers custody, trust and depositary, accounting, exchange-traded funds, middle-office solutions, transfer agency, services for private equity and real estate funds, foreign exchange, securities lending, liquidity/lending services, and data analytics.
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