Seaport Res Ptn Brokers Raise Earnings Estimates for BK

The Bank of New York Mellon Co. (NYSE:BK) – Equities research analysts at Seaport Res Ptn upped their Q1 2025 earnings per share (EPS) estimates for Bank of New York Mellon in a note issued to investors on Thursday, April 3rd. Seaport Res Ptn analyst J. Mitchell now anticipates that the bank will post earnings per share of $1.55 for the quarter, up from their previous forecast of $1.54. 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 2025 earnings at $1.85 EPS, Q2 2026 earnings at $2.05 EPS and Q4 2026 earnings at $2.08 EPS.

Bank of New York Mellon (NYSE:BK) last posted its quarterly earnings results on Wednesday, January 15th. The bank reported $1.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.54 by $0.18. The firm had revenue of $4.85 billion for the quarter, compared to analysts’ expectations of $4.66 billion. Bank of New York Mellon had a return on equity of 12.68% and a net margin of 11.35%. The company’s revenue for the quarter was up 11.2% compared to the same quarter last year. During the same period in the prior year, the business earned $1.28 EPS.

Other equities research analysts have also recently issued research reports about the company. Citigroup raised their price objective on Bank of New York Mellon from $82.00 to $85.00 and gave the company a “neutral” rating in a research note on Monday, March 24th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of 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. Morgan Stanley reduced their price objective on shares of Bank of New York Mellon from $99.00 to $98.00 and set an “overweight” rating for the company in a report on Wednesday. Truist Financial lowered their target price on shares of Bank of New York Mellon from $93.00 to $90.00 and set a “buy” rating on the stock in a report on Friday. Finally, Evercore ISI lifted their target price 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. Six investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $89.86.

Bank of New York Mellon Stock Down 8.4 %

Shares of NYSE BK opened at $73.17 on Friday. The company has a quick ratio of 0.70, a current ratio of 0.69 and a debt-to-equity ratio of 0.83. The firm has a market cap of $52.53 billion, a PE ratio of 12.59, a P/E/G ratio of 0.97 and a beta of 1.03. The company’s fifty day simple moving average is $84.98 and its 200 day simple moving average is $79.95. Bank of New York Mellon has a 12-month low of $52.64 and a 12-month high of $90.34.

Bank of New York Mellon Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 7th. Shareholders of record on Monday, January 27th were issued a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a yield of 2.57%. The ex-dividend date of this dividend was Monday, January 27th. Bank of New York Mellon’s dividend payout ratio (DPR) is 32.36%.

Institutional Trading of Bank of New York Mellon

A number of institutional investors have recently modified their holdings of BK. Capital Analysts LLC grew its holdings in Bank of New York Mellon by 3.7% during the 4th quarter. Capital Analysts LLC now owns 3,317 shares of the bank’s stock valued at $255,000 after buying an additional 119 shares in the last quarter. Cape Investment Advisory Inc. lifted its stake in Bank of New York Mellon by 12.6% in the 4th quarter. Cape Investment Advisory Inc. now owns 1,172 shares of the bank’s stock worth $90,000 after purchasing an additional 131 shares in the last quarter. Syon Capital LLC boosted its holdings in Bank of New York Mellon by 2.5% in the 4th quarter. Syon Capital LLC now owns 5,432 shares of the bank’s stock valued at $417,000 after purchasing an additional 132 shares during the period. Oppenheimer & Co. Inc. increased its holdings in shares of Bank of New York Mellon by 0.4% in the fourth quarter. Oppenheimer & Co. Inc. now owns 34,536 shares of the bank’s stock worth $2,653,000 after purchasing an additional 133 shares during the period. Finally, Grove Bank & Trust raised its position in shares of Bank of New York Mellon by 21.0% in the fourth quarter. Grove Bank & Trust now owns 779 shares of the bank’s stock worth $60,000 after buying an additional 135 shares in the last quarter. 85.31% of the stock is currently 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.