Delta Asset Management LLC TN Reduces Stock Holdings in Bank of New York Mellon Corporation $BNY

24 May 2026, 04:21 by Renee Jackson · The Cerbat Gem

Delta Asset Management LLC TN reduced its holdings in Bank of New York Mellon Corporation (NYSE:BNY – Free Report) by 1.4% during the fourth quarter, Holdings Channel reports. The firm owned 285,332 shares of the bank’s stock after selling 4,195 shares during the period. Bank of New York Mellon makes up 2.8% of Delta Asset Management LLC TN’s portfolio, making the stock its 10th largest holding. Delta Asset Management LLC TN’s holdings in Bank of New York Mellon were worth $33,124,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Bank of New York Mellon in the 4th quarter worth approximately $27,000. Marquette Asset Management LLC raised its holdings in shares of Bank of New York Mellon by 174.7% in the 4th quarter. Marquette Asset Management LLC now owns 261 shares of the bank’s stock worth $30,000 after purchasing an additional 166 shares in the last quarter. Valley Wealth Managers Inc. bought a new stake in shares of Bank of New York Mellon in the 3rd quarter worth approximately $33,000. Westside Investment Management Inc. raised its holdings in shares of Bank of New York Mellon by 44.1% in the 3rd quarter. Westside Investment Management Inc. now owns 415 shares of the bank’s stock worth $45,000 after purchasing an additional 127 shares in the last quarter. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in shares of Bank of New York Mellon in the 4th quarter worth approximately $46,000. 85.31% of the stock is currently owned by institutional investors.

Insider Activity

In other news, EVP Alejandro Perez sold 12,504 shares of the business’s stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of $137.01, for a total transaction of $1,713,173.04. Following the sale, the executive vice president owned 62,613 shares in the company, valued at $8,578,607.13. The trade was a 16.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP J Kevin Mccarthy sold 30,000 shares of the business’s stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of $136.50, for a total transaction of $4,095,000.00. Following the transaction, the executive vice president directly owned 50,238 shares in the company, valued at $6,857,487. The trade was a 37.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 48,091 shares of company stock worth $6,568,423 over the last three months. 0.17% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

BNY has been the topic of a number of research reports. Morgan Stanley boosted their target price on shares of Bank of New York Mellon from $135.00 to $139.00 and gave the stock an “equal weight” rating in a report on Friday, April 17th. Wall Street Zen upgraded shares of Bank of New York Mellon to a “hold” rating in a report on Saturday. Truist Financial boosted their target price on shares of Bank of New York Mellon from $140.00 to $148.00 and gave the stock a “buy” rating in a report on Friday, April 17th. Weiss Ratings upgraded shares of Bank of New York Mellon from a “buy (a-)” rating to a “buy (a)” rating in a report on Monday, May 4th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Bank of New York Mellon from $130.50 to $140.00 and gave the company an “overweight” rating in a report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, Bank of New York Mellon currently has an average rating of “Moderate Buy” and an average price target of $138.08.

View Our Latest Analysis on BNY

Bank of New York Mellon Stock Up 0.1%

BNY stock opened at $139.15 on Friday. Bank of New York Mellon Corporation has a 52-week low of $87.41 and a 52-week high of $139.15. The company’s 50 day simple moving average is $127.66 and its 200-day simple moving average is $120.37. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.75 and a quick ratio of 0.75. The firm has a market capitalization of $95.77 billion, a P/E ratio of 17.24, a P/E/G ratio of 1.02 and a beta of 1.08.

Bank of New York Mellon (NYSE:BNY – Get Free Report) last released its quarterly earnings results on Thursday, April 16th. The bank reported $2.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.94 by $0.31. Bank of New York Mellon had a net margin of 14.60% and a return on equity of 15.29%. The business had revenue of $5.41 billion for the quarter, compared to analyst estimates of $5.14 billion. During the same quarter in the previous year, the business earned $1.58 earnings per share. The firm’s revenue was up 12.9% compared to the same quarter last year. As a group, equities research analysts anticipate that Bank of New York Mellon Corporation will post 8.78 EPS for the current year.

Bank of New York Mellon Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 8th. Stockholders of record on Monday, April 27th were issued a dividend of $0.53 per share. The ex-dividend date was Monday, April 27th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 1.5%. Bank of New York Mellon’s payout ratio is currently 26.27%.

Bank of New York Mellon Profile

(Free Report)

BNY, formerly known as BNY Mellon, is a global financial services company headquartered in New York City. Formed in 2007 through the merger of the Bank of New York and Mellon Financial Corporation, BNY traces its roots back to 1784, making it one of the oldest banking institutions in the United States. It was also the first company listed on the New York Stock Exchange.