Bank of New York Mellon (NYSE:BNY) Stock Price Expected to Rise, Barclays Analyst Says

Bank of New York Mellon (NYSE:BNY) had its price objective hoisted by research analysts at Barclays from $149.00 to $178.00 in a report released on Thursday,Benzinga reports. The firm presently has an “overweight” rating on the bank’s stock. Barclays‘s target price would indicate a potential upside of 12.88% from the company’s previous close.

Other analysts have also recently issued research reports about the company. Erste Group Bank initiated coverage on Bank of New York Mellon in a report on Wednesday. They set a “buy” rating on the stock. JPMorgan Chase & Co. upped their price target on Bank of New York Mellon from $140.00 to $149.00 and gave the company an “overweight” rating in a research report on Monday, July 6th. Citigroup increased their price target on shares of Bank of New York Mellon from $136.00 to $167.00 and gave the stock a “neutral” rating in a report on Tuesday, June 23rd. Wells Fargo & Company raised their price objective on shares of Bank of New York Mellon from $137.00 to $152.00 and gave the company an “equal weight” rating in a research report on Wednesday, June 24th. Finally, Morgan Stanley boosted their price objective on shares of Bank of New York Mellon from $135.00 to $139.00 and gave the company an “equal weight” rating in a research note on Friday, April 17th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $152.85.

Bank of New York Mellon Stock Performance

Shares of BNY stock opened at $157.69 on Thursday. The firm’s 50 day moving average is $143.95 and its 200 day moving average is $129.76. The stock has a market capitalization of $108.24 billion, a P/E ratio of 18.36, a PEG ratio of 1.15 and a beta of 1.07. Bank of New York Mellon has a 12 month low of $97.70 and a 12 month high of $163.77. The company has a current ratio of 0.72, a quick ratio of 0.75 and a debt-to-equity ratio of 0.76.

Bank of New York Mellon (NYSE:BNY) last issued its earnings results on Wednesday, July 15th. The bank reported $2.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.16 by $0.30. The business had revenue of $5.70 billion for the quarter, compared to analysts’ expectations of $5.35 billion. Bank of New York Mellon had a net margin of 15.52% and a return on equity of 16.00%. The business’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.93 EPS. On average, sell-side analysts anticipate that Bank of New York Mellon will post 9.17 earnings per share for the current year.

Institutional Trading of Bank of New York Mellon

Several institutional investors and hedge funds have recently made changes to their positions in BNY. Abound Financial LLC bought a new stake in shares of Bank of New York Mellon during the 4th quarter worth $25,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in Bank of New York Mellon in the fourth quarter valued at $27,000. MCF Advisors LLC raised its position in Bank of New York Mellon by 74.8% during the fourth quarter. MCF Advisors LLC now owns 236 shares of the bank’s stock valued at $27,000 after purchasing an additional 101 shares in the last quarter. Marquette Asset Management LLC lifted its stake in Bank of New York Mellon by 174.7% during the fourth quarter. Marquette Asset Management LLC now owns 261 shares of the bank’s stock worth $30,000 after purchasing an additional 166 shares during the last quarter. Finally, Heritage Wealth Advisors purchased a new position in shares of Bank of New York Mellon in the 4th quarter worth about $31,000. Hedge funds and other institutional investors own 85.31% of the company’s stock.

Key Headlines 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

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.