Seaport Res Ptn Has Pessimistic Outlook of BK Q2 Earnings

The Bank of New York Mellon Co. (NYSE:BK - Free Report) - Research analysts at Seaport Res Ptn decreased their Q2 2025 earnings per share estimates for shares of Bank of New York Mellon in a report issued on Sunday, April 13th. Seaport Res Ptn analyst J. Mitchell now forecasts that the bank will post earnings per share of $1.79 for the quarter, down from their previous forecast of $1.82. The consensus estimate for Bank of New York Mellon's current full-year earnings is $6.96 per share. Seaport Res Ptn also issued estimates for Bank of New York Mellon's Q3 2025 earnings at $1.73 EPS, FY2025 earnings at $6.90 EPS, Q1 2026 earnings at $1.65 EPS, Q2 2026 earnings at $2.02 EPS, Q3 2026 earnings at $1.97 EPS and FY2026 earnings at $7.70 EPS.

Other equities analysts also recently issued research reports about the stock. Truist Financial reduced their target price on shares of Bank of New York Mellon from $90.00 to $87.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Bank of America increased their target price on Bank of New York Mellon from $90.00 to $95.00 and gave the stock a "buy" rating in a research report on Thursday, January 16th. Wolfe Research cut Bank of New York Mellon from an "outperform" rating to a "peer perform" rating in a research report on Friday, January 3rd. Deutsche Bank Aktiengesellschaft increased their price objective on Bank of New York Mellon from $94.00 to $98.00 and gave the stock a "buy" rating in a report on Thursday, January 16th. Finally, Evercore ISI upped their price target on Bank of New York Mellon from $83.00 to $87.00 and gave the company an "in-line" rating in a research report on Tuesday, April 1st. Six research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $91.31.

Bank of New York Mellon Stock Performance

Shares of NYSE BK traded up $0.52 during trading on Tuesday, reaching $76.25. 4,317,948 shares of the stock traded hands, compared to its average volume of 3,961,482. The company has a 50-day moving average of $82.72 and a 200-day moving average of $80.29. Bank of New York Mellon has a 52-week low of $55.42 and a 52-week high of $90.34. The stock has a market capitalization of $54.75 billion, a P/E ratio of 13.12, a price-to-earnings-growth ratio of 0.97 and a beta of 1.03. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.69 and a quick ratio of 0.70.

Bank of New York Mellon (NYSE:BK - Get Free Report) last issued its quarterly earnings results on Friday, April 11th. The bank reported $1.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.50 by $0.08. Bank of New York Mellon had a net margin of 11.35% and a return on equity of 12.68%. The company had revenue of $4.79 billion during the quarter, compared to analyst estimates of $4.76 billion. During the same quarter last year, the business posted $1.29 EPS. Bank of New York Mellon's quarterly revenue was up 5.9% compared to the same quarter last year.

Bank of New York Mellon Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 2nd. Stockholders of record on Monday, April 21st will be paid a $0.47 dividend. The ex-dividend date is Monday, April 21st. This represents a $1.88 dividend on an annualized basis and a dividend yield of 2.47%. Bank of New York Mellon's dividend payout ratio is presently 30.62%.

Insider Activity

In related news, VP Catherine Keating sold 65,473 shares of Bank of New York Mellon stock in a transaction on Monday, April 14th. The stock was sold at an average price of $77.31, for a total transaction of $5,061,717.63. Following the transaction, the vice president now directly owns 87,542 shares in the company, valued at approximately $6,767,872.02. The trade was a 42.79 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Kurtis R. Kurimsky sold 5,641 shares of the company's stock in a transaction dated Monday, April 14th. The stock was sold at an average price of $77.50, for a total value of $437,177.50. Following the completion of the sale, the insider now owns 21,679 shares of the company's stock, valued at approximately $1,680,122.50. The trade was a 20.65 % decrease in their position. The disclosure for this sale can be found here. 0.14% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Bank of New York Mellon

Institutional investors have recently added to or reduced their stakes in the stock. Vivid Wealth Management LLC lifted its stake in Bank of New York Mellon by 7.6% in the 1st quarter. Vivid Wealth Management LLC now owns 31,413 shares of the bank's stock worth $2,635,000 after purchasing an additional 2,216 shares in the last quarter. Vista Investment Partners LLC purchased a new stake in shares of Bank of New York Mellon in the first quarter worth about $382,000. Grove Bank & Trust boosted its stake in Bank of New York Mellon by 182.4% during the first quarter. Grove Bank & Trust now owns 2,200 shares of the bank's stock valued at $185,000 after buying an additional 1,421 shares during the last quarter. Grimes & Company Inc. grew its holdings in Bank of New York Mellon by 2.9% during the 1st quarter. Grimes & Company Inc. now owns 6,013 shares of the bank's stock valued at $504,000 after buying an additional 171 shares in the last quarter. Finally, QRG Capital Management Inc. raised its holdings in shares of Bank of New York Mellon by 13.9% during the 1st quarter. QRG Capital Management Inc. now owns 386,154 shares of the bank's stock worth $32,387,000 after acquiring an additional 47,112 shares in the last quarter. 85.31% of the stock is owned by hedge funds and other institutional investors.

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.