Seaport Res Ptn Issues Negative Forecast for BK Earnings

The Bank of New York Mellon Co. (NYSE:BK - Free Report) - Equities researchers at Seaport Res Ptn decreased their Q4 2025 EPS estimates for Bank of New York Mellon in a research report issued to clients and investors on Sunday, April 13th. Seaport Res Ptn analyst J. Mitchell now expects that the bank will earn $1.81 per share for the quarter, down from their previous estimate of $1.85. 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 Q4 2026 earnings at $2.06 EPS.

Other analysts have also issued reports about the stock. UBS Group upped their price target on shares of Bank of New York Mellon from $88.00 to $94.00 and gave the stock a "buy" rating in a research report on Tuesday, January 21st. Barclays raised their target price on shares of Bank of New York Mellon from $102.00 to $104.00 and gave the company an "overweight" rating in a research note on Thursday, January 16th. Wolfe Research downgraded Bank of New York Mellon from an "outperform" rating to a "peer perform" rating in a research report on Friday, January 3rd. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $90.00 price objective on shares of Bank of New York Mellon in a research report on Monday, March 17th. Finally, Citigroup boosted their target price on Bank of New York Mellon from $82.00 to $85.00 and gave the stock a "neutral" rating in a report on Monday, March 24th. Six research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $91.31.

Bank of New York Mellon Stock Up 0.7 %

Shares of NYSE:BK traded up $0.52 during trading on Wednesday, hitting $76.25. 4,317,948 shares of the company were exchanged, compared to its average volume of 3,961,482. The stock has a market cap of $54.75 billion, a price-to-earnings ratio of 13.12, a P/E/G ratio of 0.97 and a beta of 1.03. The company has a current ratio of 0.69, a quick ratio of 0.70 and a debt-to-equity ratio of 0.83. Bank of New York Mellon has a fifty-two week low of $55.42 and a fifty-two week high of $90.34. The firm has a fifty day moving average price of $82.72 and a two-hundred day moving average price of $80.29.

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

Institutional Investors Weigh In On Bank of New York Mellon

Large investors have recently modified their holdings of the business. Norges Bank acquired a new stake in Bank of New York Mellon in the fourth quarter valued at about $1,150,462,000. FMR LLC boosted its stake in shares of Bank of New York Mellon by 19.3% in the 4th quarter. FMR LLC now owns 23,071,584 shares of the bank's stock valued at $1,772,590,000 after purchasing an additional 3,732,862 shares in the last quarter. Northern Trust Corp grew its holdings in shares of Bank of New York Mellon by 19.1% during the 4th quarter. Northern Trust Corp now owns 9,533,615 shares of the bank's stock valued at $732,468,000 after purchasing an additional 1,526,686 shares during the last quarter. GAMMA Investing LLC increased its position in Bank of New York Mellon by 9,538.9% during the 1st quarter. GAMMA Investing LLC now owns 1,399,958 shares of the bank's stock worth $117,414,000 after purchasing an additional 1,385,434 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in Bank of New York Mellon in the 4th quarter valued at approximately $90,955,000. Institutional investors and hedge funds own 85.31% of the company's stock.

Insiders Place Their Bets

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

Bank of New York Mellon Dividend Announcement

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

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.