Bank of New York Mellon (NYSE:BK – Get Free Report) had its price objective upped by stock analysts at TD Cowen from $133.00 to $145.00 in a research note issued on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the bank’s stock. TD Cowen’s price objective would suggest a potential upside of 20.78% from the company’s previous close.
Several other equities analysts have also recently commented on the stock. Keefe, Bruyette & Woods boosted their price target on shares of Bank of New York Mellon from $120.00 to $124.00 and gave the company an “outperform” rating in a report on Friday, October 17th. Weiss Ratings restated a “buy (b+)” rating on shares of Bank of New York Mellon in a research note on Monday, December 29th. BMO Capital Markets assumed coverage on Bank of New York Mellon in a research report on Friday, October 3rd. They issued an “outperform” rating and a $125.00 target price on the stock. Morgan Stanley raised their price target on Bank of New York Mellon from $118.00 to $124.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 17th. Finally, The Goldman Sachs Group boosted their price target on Bank of New York Mellon from $106.00 to $120.00 and gave the company a “buy” rating in a research note on Monday, October 6th. Eleven research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $115.43.
Read Our Latest Analysis on BK
Bank of New York Mellon Trading Down 0.3%
Bank of New York Mellon (NYSE:BK – Get Free Report) last posted its quarterly earnings results on Friday, October 31st. The bank reported $1.91 earnings per share (EPS) for the quarter. Bank of New York Mellon had a net margin of 12.86% and a return on equity of 14.03%. The business had revenue of $5.07 billion during the quarter. As a group, equities research analysts forecast that Bank of New York Mellon will post 6.96 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Bank of New York Mellon
A number of institutional investors have recently modified their holdings of BK. Westside Investment Management Inc. grew its stake in Bank of New York Mellon by 78.9% in the 2nd quarter. Westside Investment Management Inc. now owns 288 shares of the bank’s stock valued at $26,000 after buying an additional 127 shares during the last quarter. Hoey Investments Inc. bought a new stake in Bank of New York Mellon during the second quarter valued at about $32,000. Valley Wealth Managers Inc. acquired a new stake in shares of Bank of New York Mellon in the third quarter valued at about $33,000. GFG Capital LLC acquired a new stake in shares of Bank of New York Mellon in the second quarter valued at about $36,000. Finally, Caldwell Trust Co bought a new position in shares of Bank of New York Mellon in the second quarter worth about $36,000. Institutional investors own 85.31% of the company’s stock.
More Bank of New York Mellon News
Here are the key news stories impacting Bank of New York Mellon this week:
- Positive Sentiment: TD Cowen raised its price target on BK to $145 and kept a “buy” rating, signaling materially higher upside vs. current levels — this is a direct positive for investor sentiment and can support further upside. Read More.
- Positive Sentiment: Truist upgraded BK from “hold” to “buy” and lifted its target (reported across outlets), which increases institutional conviction and likely helped recent inflows. Read More.
- Positive Sentiment: Barclays published a bullish forecast calling for strong price appreciation for BK, adding another major sell‑side vote of confidence that can attract buyers. Read More.
- Positive Sentiment: Analyst upgrades and target increases helped push BK to a new 52‑week high earlier this week — a technical signal that often draws momentum buyers and ETF rebalancing flows. Read More.
- Neutral Sentiment: Zacks published a preview of Wall Street estimates for BK’s quarter ended Dec 2025, highlighting which underlying metrics analysts are watching (key for guidance and next‑quarter outlook). Investors should watch the company’s upcoming print vs. these metrics for near‑term moves. Read More.
- Neutral Sentiment: Another Zacks note highlights BK’s history of earnings beats and argues the company has the attributes to beat again; this is supportive but outcome‑dependent (beat could lift shares; miss would hurt). Read More.
- Neutral Sentiment: BNY Mellon Group (BNY’s custody/asset services entities) has ceased to be a substantial holder in Boss Energy — a portfolio/holdings disclosure that’s unlikely to materially affect BK’s fundamentals but is relevant for ownership transparency. Read More.
About Bank of New York Mellon
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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