Zacks Research Has Positive Estimate for BK Q4 Earnings

The Bank of New York Mellon Co. (NYSE:BKFree Report) – Zacks Research upped their Q4 2025 earnings per share (EPS) estimates for shares of Bank of New York Mellon in a research note issued to investors on Monday, January 6th. Zacks Research analyst R. Department now forecasts that the bank will earn $1.67 per share for the quarter, up from their prior forecast of $1.63. The consensus estimate for Bank of New York Mellon’s current full-year earnings is $5.84 per share.

Bank of New York Mellon (NYSE:BKGet Free Report) last announced its earnings results on Friday, October 11th. The bank reported $1.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.41 by $0.11. The firm had revenue of $4.65 billion during the quarter, compared to analysts’ expectations of $4.52 billion. Bank of New York Mellon had a return on equity of 12.06% and a net margin of 9.44%.

BK has been the subject of a number of other reports. UBS Group upped their target price on Bank of New York Mellon from $73.00 to $82.00 and gave the company a “buy” rating in a research report on Tuesday, October 8th. Morgan Stanley reduced their price objective on Bank of New York Mellon from $94.00 to $90.00 and set an “overweight” rating for the company in a research note on Friday, January 3rd. Wells Fargo & Company upped their price objective on Bank of New York Mellon from $81.00 to $82.00 and gave the company an “equal weight” rating in a research note on Thursday, January 2nd. Evercore ISI upped their price objective on Bank of New York Mellon from $66.00 to $77.00 and gave the company an “in-line” rating in a research note on Monday, October 14th. Finally, Keefe, Bruyette & Woods upped their price objective on Bank of New York Mellon from $87.00 to $96.00 and gave the company an “outperform” rating in a research note on Tuesday, December 3rd. Five equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $82.64.

Check Out Our Latest Analysis on BK

Bank of New York Mellon Stock Down 0.1 %

Shares of NYSE BK opened at $77.88 on Thursday. The stock has a market cap of $56.62 billion, a PE ratio of 16.93, a price-to-earnings-growth ratio of 0.91 and a beta of 1.08. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.89. Bank of New York Mellon has a 52-week low of $52.21 and a 52-week high of $82.72. The business has a 50-day moving average price of $78.50 and a 200 day moving average price of $71.37.

Institutional Investors Weigh In On Bank of New York Mellon

Hedge funds have recently made changes to their positions in the business. Private Advisor Group LLC raised its position in shares of Bank of New York Mellon by 1.6% in the 2nd quarter. Private Advisor Group LLC now owns 51,584 shares of the bank’s stock worth $3,089,000 after buying an additional 814 shares during the period. Los Angeles Capital Management LLC raised its position in shares of Bank of New York Mellon by 2.0% in the 2nd quarter. Los Angeles Capital Management LLC now owns 35,939 shares of the bank’s stock worth $2,152,000 after buying an additional 717 shares during the period. Wedbush Securities Inc. raised its position in shares of Bank of New York Mellon by 9.8% in the 2nd quarter. Wedbush Securities Inc. now owns 19,984 shares of the bank’s stock worth $1,197,000 after buying an additional 1,782 shares during the period. Choreo LLC raised its position in shares of Bank of New York Mellon by 327.5% in the 2nd quarter. Choreo LLC now owns 52,272 shares of the bank’s stock worth $3,142,000 after buying an additional 40,045 shares during the period. Finally, Andra AP fonden raised its position in Bank of New York Mellon by 58.6% in the second quarter. Andra AP fonden now owns 155,300 shares of the bank’s stock valued at $9,301,000 after purchasing an additional 57,400 shares during the period. Institutional investors and hedge funds own 85.31% of the company’s stock.

Insider Activity at Bank of New York Mellon

In other news, EVP J Kevin Mccarthy sold 25,000 shares of the firm’s stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $76.31, for a total transaction of $1,907,750.00. Following the sale, the executive vice president now owns 75,404 shares in the company, valued at $5,754,079.24. This trade represents a 24.90 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Hanneke Smits sold 16,475 shares of the firm’s stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $76.47, for a total value of $1,259,843.25. Following the sale, the vice president now owns 157,455 shares in the company, valued at $12,040,583.85. This trade represents a 9.47 % decrease in their position. The disclosure for this sale can be found here. 0.14% of the stock is currently owned by company insiders.

Bank of New York Mellon Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 1st. Investors of record on Monday, October 21st were paid a $0.47 dividend. This represents a $1.88 annualized dividend and a yield of 2.41%. The ex-dividend date was Monday, October 21st. Bank of New York Mellon’s payout ratio is currently 40.87%.

Bank of New York Mellon Company Profile

(Get Free Report)

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.

Recommended Stories

Earnings History and Estimates for Bank of New York Mellon (NYSE:BK)

Receive News & Ratings for Bank of New York Mellon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank of New York Mellon and related companies with MarketBeat.com's FREE daily email newsletter.