Conning Inc. Sells 69,683 Shares of The Bank of New York Mellon Corporation $BK

Conning Inc. trimmed its position in The Bank of New York Mellon Corporation (NYSE:BK) by 18.0% in the third quarter, Holdings Channel reports. The fund owned 316,962 shares of the bank’s stock after selling 69,683 shares during the quarter. Bank of New York Mellon accounts for 1.1% of Conning Inc.’s portfolio, making the stock its 24th largest holding. Conning Inc.’s holdings in Bank of New York Mellon were worth $34,536,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of BK. Westside Investment Management Inc. raised its position in 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 last quarter. Hoey Investments Inc. acquired a new position in shares of Bank of New York Mellon in the second quarter valued at approximately $32,000. GFG Capital LLC bought a new position in Bank of New York Mellon in the 2nd quarter valued at approximately $36,000. Caldwell Trust Co acquired a new stake in Bank of New York Mellon during the 2nd quarter worth approximately $36,000. Finally, Princeton Global Asset Management LLC grew its holdings in Bank of New York Mellon by 89.0% during the 2nd quarter. Princeton Global Asset Management LLC now owns 446 shares of the bank’s stock worth $41,000 after acquiring an additional 210 shares during the last quarter. Institutional investors own 85.31% of the company’s stock.

Bank of New York Mellon Stock Performance

Shares of Bank of New York Mellon stock opened at $124.43 on Thursday. The business has a 50-day moving average price of $114.53 and a two-hundred day moving average price of $107.18. The Bank of New York Mellon Corporation has a 1-year low of $70.46 and a 1-year high of $124.93. The company has a current ratio of 0.71, a quick ratio of 0.70 and a debt-to-equity ratio of 0.81. The company has a market cap of $86.77 billion, a P/E ratio of 16.79, a PEG ratio of 0.95 and a beta of 1.11.

Bank of New York Mellon (NYSE:BK) last announced its earnings results on Friday, October 31st. The bank reported $1.91 EPS for the quarter. Bank of New York Mellon had a return on equity of 14.37% and a net margin of 13.62%.The company had revenue of $5.07 billion for the quarter. As a group, analysts anticipate that The Bank of New York Mellon Corporation will post 6.96 EPS for the current year.

Bank of New York Mellon Announces Dividend

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

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Wells Fargo & Company raised their price target on shares of 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. Barclays raised their target price on Bank of New York Mellon from $120.00 to $143.00 and gave the stock an “overweight” rating in a research report on Monday, January 5th. Truist Financial raised Bank of New York Mellon from a “hold” rating to a “buy” rating and lifted their target price for the stock from $119.00 to $134.00 in a report on Wednesday, January 7th. New Street Research set a $143.00 price target on Bank of New York Mellon in a research note on Wednesday. Finally, Evercore ISI lifted their price objective on Bank of New York Mellon from $91.00 to $110.00 and gave the stock an “in-line” rating in a research note on Tuesday, September 30th. Eleven investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Bank of New York Mellon has an average rating of “Moderate Buy” and an average target price of $124.67.

Key Stories Impacting Bank of New York Mellon

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

• Positive Sentiment: Q4 beat — BK reported Q4 EPS of $2.08 vs. consensus $1.97 and revenue $5.18B vs. $5.11B, driven by higher net interest income, fee growth and rising asset balances; company materials and the press release provide the details. BNY Reports Fourth Quarter 2025 Results
• Positive Sentiment: Multiple analysts raised targets — Citi bumped its PT to $136 (neutral), Morgan Stanley to $132 (overweight), RBC to $130 (sector perform) and BofA reiterated a Buy with a $142 PT — these revisions imply further upside and helped lift sentiment. Analyst Coverage Roundup
• Positive Sentiment: Dividend declared — Board approved a $0.53 quarterly common dividend (ex-div Jan 23, payable Feb 5), supporting yield-focused investors and signaling capital return commitment. BNY Declares Dividends
• Positive Sentiment: Management raising medium‑term targets — CEO commentary and the earnings call highlighted improved profitability and higher medium-term targets, reinforcing the narrative of a turnaround at the custody bank. CNBC: BNY raises profit target
• Neutral Sentiment: Earnings call / transcripts available — Full Q4 earnings call transcript and slide deck are published for deeper diligence on guidance, margin drivers and segment performance. Earnings Call Transcript
• Positive Sentiment: Share-price momentum — BK recently hit an all‑time high on the earnings/upgrade flow, which can attract momentum and quant flows. Investing.com: Stock hits all-time high
• Negative Sentiment: Growth/margin caution — Commentary from Barron’s and other coverage notes management expects revenue growth to slow in 2026 and that prior margin expansion tailwinds may moderate, which could limit multiple expansion. Barron’s: Why the stock is falling
• Negative Sentiment: Mixed analyst signals — Wells Fargo’s modest PT raise to $122 (equal-weight) implies limited upside from current levels; some coverage noted the stock dipped initially despite the beat, reflecting profit-taking or valuation concerns. Analyst note

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.