Bank Of New York Mellon Corp [NYSE: BK] gained 2.04% or 1.83 points to close at $91.60 with a heavy trading volume of 5006516 shares.
It opened the trading session at $89.95, the shares rose to $92.08 and dropped to $89.855, the range by which the price of stock traded the whole day. The daily chart for BK points out that the company has recorded 16.20% gains over the past six months.
If we look at the average trading volume of 4.02M shares, BK reached to a volume of 5006516 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Bank Of New York Mellon Corp [BK]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BK shares is $94.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BK stock is a recommendation set at 1.89. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Truist have made an estimate for Bank Of New York Mellon Corp shares, keeping their opinion on the stock as Hold, with their previous recommendation back on May 28, 2025. The new note on the price target was released on January 03, 2025, representing the official price target for Bank Of New York Mellon Corp stock. Previously, the target price had yet another raise from $82 to $94, while Morgan Stanley kept a Overweight rating on BK stock. On September 23, 2024, analysts increased their price target for BK shares from 66 to 80.
The Average True Range (ATR) for Bank Of New York Mellon Corp is set at 1.51, with the Price to Sales ratio for BK stock in the period of the last 12 months amounting to 1.64. The Price to Book ratio for the last quarter was 1.73. Price to Free Cash Flow for BK in the course of the last twelve months was 28.63.
Trading performance analysis for BK stock
Bank Of New York Mellon Corp [BK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.28. With this latest performance, BK shares gained by 1.41% in over the last four-week period, additionally plugging by 16.20% over the last 6 months – not to mention a rise of 57.88% in the past year of trading.
Bank Of New York Mellon Corp [BK]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Bank Of New York Mellon Corp [BK] shares currently have an operating margin of 14.48%. Bank Of New York Mellon Corp’s Net Margin is presently recorded at 11.35%.
Return on Equity for this stock inclined to 1.08%, with Return on Assets sitting at 1.08%.
Bank Of New York Mellon Corp [BK]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BK. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Bank Of New York Mellon Corp go to 12.85%.
An analysis of Institutional ownership at Bank Of New York Mellon Corp [BK]
There are presently around $89.10%, or 89.25%% of BK stock, in the hands of institutional investors. The top three institutional holders of BK stocks are: VANGUARD GROUP INC with ownership of 72.58 million shares, which is approximately 9.717%. BLACKROCK INC., holding 63.91 million shares of the stock with an approximate value of $$3.83 billion in BK stocks shares; and BLACKROCK INC., currently with $$3.28 billion in BK stock with ownership which is approximately 7.3332%.
