During the recent session, Bank Of New York Mellon Corp (NYSE:BK)’s traded shares were 0.62 million, with the beta value of the company hitting 1.11. At the last check today, the stock’s price was $93.3, reflecting an intraday loss of -0.38% or -$0.36. The 52-week high for the BK share is $93.93, that puts it down -0.68 from that peak though still a striking 35.19% gain since the share price plummeted to a 52-week low of $60.47. The company’s market capitalization is $66.75B, and the average intraday trading volume over the past 10 days was 4.47 million shares, and the average trade volume was 4.10 million shares over the past three months.
Bank Of New York Mellon Corp (BK) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.94. BK has a Sell rating from 0 analyst(s) out of 15 analysts who have looked at this stock. 5 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 10 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 1.75.
Bank Of New York Mellon Corp (NYSE:BK) trade information
Bank Of New York Mellon Corp (BK) registered a -0.38% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.38% in intraday trading to $93.3, hitting a weekly high. The stock’s 5-day price performance is 0.94%, and it has moved by 3.67% in 30 days. Based on these gigs, the overall price performance for the year is 21.44%. The short interest in Bank Of New York Mellon Corp (NYSE:BK) is 9.17 million shares and it means that shorts have 2.54 day(s) to cover.
The consensus price target of analysts on Wall Street is $93, which implies a decrease of -0.32% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $93 and $93 respectively. As a result, BK is trading at a premium of 0.32% off the target high and 0.32% off the low.
Bank Of New York Mellon Corp (BK) estimates and forecasts
In the rating firms’ projections, revenue will increase 3.23% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 4.81B as predicted by 9 analyst(s). Meanwhile, a consensus of 9 analyst(s) estimates revenue growth to 4.79B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 4.6B and 4.65B respectively. In this case, analysts expect current quarter sales to grow by 4.59% and then jump by 2.97% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 5.14%. While earnings are projected to return 17.86% in 2025, the next five years will return 12.95% per annum.
BK Dividends
Bank Of New York Mellon Corp is due to release its next quarterly earnings on 2025-Apr-11. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Bank Of New York Mellon Corp is 1.88, with the dividend yield indicating at 2.02 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 2.85%.
Bank Of New York Mellon Corp (NYSE:BK)’s Major holders
Bank Of New York Mellon Corp insiders own 0.17% of total outstanding shares while institutional holders control 88.98%, with the float percentage being 89.14%. VANGUARD GROUP INC is the largest shareholder of the company, while 1962.0 institutions own stock in it. As of 2024-06-30, the company held over 72.58 million shares (or 9.717% of all shares), a total value of $4.35 billion in shares.
The next largest institutional holding, with 63.91 million shares, is of BLACKROCK INC.’s that is approximately 8.557% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $3.83 billion.
Also, the Mutual Funds coming in first place with the largest holdings of Bank Of New York Mellon Corp (BK) shares are Dodge & Cox Funds-Dodge & Cox Stock Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . Data provided on Mar 31, 2025 indicates that Dodge & Cox Funds-Dodge & Cox Stock Fund owns about 30.78 shares. This amounts to just over 4.30 percent of the company’s overall shares, with a $2.87 billion market value. The same data shows that the other fund manager holds slightly less at 22.65, or about 3.17% of the stock, which is worth about $2.11 billion.
