The Bank of New York Mellon Co. (NYSE:BK – Free Report) – Analysts at Zacks Research raised their Q4 2025 earnings per share (EPS) estimates for Bank of New York Mellon in a research report issued to clients and investors on Monday, January 6th. Zacks Research analyst R. Department now forecasts that the bank will post earnings per share of $1.67 for the quarter, up from their previous 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:BK – Get Free Report) last released its quarterly earnings data on Friday, October 11th. The bank reported $1.52 EPS for the quarter, beating the consensus estimate of $1.41 by $0.11. Bank of New York Mellon had a return on equity of 12.06% and a net margin of 9.44%. The company had revenue of $4.65 billion for the quarter, compared to analyst estimates of $4.52 billion.
Check Out Our Latest Research Report on Bank of New York Mellon
Bank of New York Mellon Stock Down 0.1 %
Shares of NYSE BK opened at $77.88 on Thursday. Bank of New York Mellon has a 1 year low of $52.21 and a 1 year high of $82.72. The firm has a market cap of $56.62 billion, a price-to-earnings ratio of 16.93, a PEG ratio of 0.91 and a beta of 1.08. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.70 and a current ratio of 0.70. The stock’s 50-day simple moving average is $78.50 and its 200-day simple moving average is $71.37.
Hedge Funds Weigh In On Bank of New York Mellon
Several hedge funds and other institutional investors have recently made changes to their positions in the business. McClarren Financial Advisors Inc. raised its holdings in Bank of New York Mellon by 586.4% during the third quarter. McClarren Financial Advisors Inc. now owns 405 shares of the bank’s stock worth $29,000 after purchasing an additional 346 shares in the last quarter. Clearstead Trust LLC bought a new stake in Bank of New York Mellon during the second quarter worth approximately $32,000. Fortitude Family Office LLC raised its holdings in Bank of New York Mellon by 130.6% during the third quarter. Fortitude Family Office LLC now owns 611 shares of the bank’s stock worth $44,000 after purchasing an additional 346 shares in the last quarter. Grove Bank & Trust raised its holdings in Bank of New York Mellon by 28.8% during the third quarter. Grove Bank & Trust now owns 644 shares of the bank’s stock worth $46,000 after purchasing an additional 144 shares in the last quarter. Finally, Ashton Thomas Securities LLC bought a new stake in Bank of New York Mellon during the third quarter worth approximately $46,000. 85.31% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at Bank of New York Mellon
In other news, EVP J Kevin Mccarthy sold 25,000 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the executive vice president now directly owns 75,404 shares in the company, valued at approximately $5,754,079.24. The trade was a 24.90 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Hanneke Smits sold 16,475 shares of the business’s stock in a transaction that occurred 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 transaction, the vice president now owns 157,455 shares of the company’s stock, valued at approximately $12,040,583.85. This represents a 9.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.14% of the stock is currently owned by insiders.
Bank of New York Mellon Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, November 1st. Shareholders of record on Monday, October 21st were paid a $0.47 dividend. The ex-dividend date of this dividend was Monday, October 21st. This represents a $1.88 dividend on an annualized basis and a yield of 2.41%. Bank of New York Mellon’s payout ratio is currently 40.87%.
About Bank of New York Mellon
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.
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