Bank of New York Mellon (BK)

• Market cap: $61.4B
• 1 day: -0.72%
• 5 days: 1.03%
• 1 month: -2.77%
• 3 months: 8.91%
• 6 months: 17.82%
• Year to date: 9.13%
• 1 year: 48.39%
• 5 years: 159.62%
• 10 years: 112.53%
• Sector: Financials
• Industry: State Commercial Banks

About: BNY Mellon is a global investment company involved in managing and servicing financial assets throughout the investment lifecycle. The bank provides financial services for institutions, corporations, and individual investors and delivers investment management and investment services in 35 countries and more than 100 markets. BNY Mellon is the largest global custody bank in the world, with $47.8 trillion in under custody or administration (as of Dec. 31, 2023), and can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute, or restructure investments. BNY Mellon's asset-management division manages about $2.0 trillion in assets.

Employees: 52,000

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

281% more first-time investments, than exits

New positions opened: 221 | Existing positions closed: 58

45% more funds holding in top 10

Funds holding in top 10: 20 [Q3] → 29 (+9) [Q4]

43% more call options, than puts

Call options by funds: $399M | Put options by funds: $279M

10% more funds holding

Funds holding: 1,271 [Q3] → 1,402 (+131) [Q4]

9% more capital invested

Capital invested by funds: $43.6B [Q3] → $47.6B (+$4.07B) [Q4]

1.84% more ownership

Funds ownership: 82.19% [Q3] → 84.03% (+1.84%) [Q4]

5% less repeat investments, than reductions

Existing positions increased: 459 | Existing positions reduced: 482

Research analyst outlook

10 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $83 2% downside
• Avg. target: $94 11% upside
• High target: $104 23% upside

10 analyst ratings

• positive: 6 60%
• neutral: 4 40%
• negative: 0 0%

Citigroup Keith Horowitz 63% 1-year accuracy 17 / 27 met price target	1% upside $85	Neutral Maintained	24 Mar 2025
RBC Capital Gerard Cassidy 48% 1-year accuracy 16 / 33 met price target	7% upside $90	Sector Perform Reiterated	17 Mar 2025
Wells Fargo Whit Mayo 40% 1-year accuracy 6 / 15 met price target	14% upside $96	Equal-Weight Maintained	3 Mar 2025
UBS Brennan Hawken 65% 1-year accuracy 22 / 34 met price target	11% upside $94	Buy Maintained	21 Jan 2025
B of A Securities Ebrahim Poonawala 68% 1-year accuracy 17 / 25 met price target	12% upside $95	Buy Maintained	16 Jan 2025