<div id="readability-page-1"><p>NewEdge Wealth LLC boosted its stake in  BNY (NYSE:BK - Free Report) by 105.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities &amp; Exchange Commission. The firm owned 20,267 shares of the bank's stock after purchasing an additional 10,394 shares during the quarter. NewEdge Wealth LLC's holdings in BNY were worth $2,353,000 as of its most recent filing with the Securities &amp; Exchange Commission.</p><ul><li>3 Small-Cap Stocks to Buy as the Russell 2000 Extends Its Rally</li></ul><p>Other large investors have also added to or reduced their stakes in the company. Ransom Advisory Ltd boosted its holdings in  BNY by 1.3% in the 4th quarter. Ransom Advisory Ltd now owns 6,777 shares of the bank's stock valued at $787,000 after purchasing an additional 85 shares during the period.  Mather Group LLC. boosted its holdings in  BNY by 0.9% in the 4th quarter. Mather Group LLC. now owns 9,232 shares of the bank's stock valued at $1,072,000 after purchasing an additional 86 shares during the period.  Valeo Financial Advisors LLC boosted its holdings in  BNY by 1.3% in the 3rd quarter. Valeo Financial Advisors LLC now owns 7,539 shares of the bank's stock valued at $821,000 after purchasing an additional 94 shares during the period.  Vectors Research Management LLC boosted its holdings in  BNY by 0.7% in the 4th quarter. Vectors Research Management LLC now owns 12,981 shares of the bank's stock valued at $1,507,000 after purchasing an additional 94 shares during the period.  Finally, Angeles Wealth Management LLC boosted its holdings in  BNY by 2.6% in the 3rd quarter. Angeles Wealth Management LLC now owns 3,798 shares of the bank's stock valued at $414,000 after purchasing an additional 98 shares during the period. Institutional investors own  85.31% of the company's stock. </p><h2>BNY Stock Performance</h2><p>NYSE BK opened at $133.48 on Wednesday. The company has a fifty day moving average of $124.55 and a 200-day moving average of $118.84. The company has a market capitalization of $91.86 billion, a P/E ratio of 16.54, a P/E/G ratio of 0.97 and a beta of 1.08. BNY has a 52-week low of $86.97 and a 52-week high of $139.15. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.75 and a current ratio of 0.75. </p><ul><li>3 Satellite Stocks To Check Out Before SpaceX's IPO</li></ul><p>BNY (NYSE:BK - Get Free Report) last released its earnings results on Thursday, April 16th. The bank reported $2.25 earnings per share for the quarter, topping analysts' consensus estimates of $1.94 by $0.31. The company had revenue of $5.41 billion during the quarter, compared to the consensus estimate of $5.14 billion. BNY had a return on equity of 15.29% and a net margin of 14.60%.BNY's quarterly revenue was up 12.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.58 EPS.  As a group, equities research analysts predict that  BNY will post 8.76 EPS for the current fiscal year. </p><h2>BNY Announces Dividend</h2><p>The company also recently announced a quarterly dividend, which was paid on Friday, May 8th. Investors of record on Monday, April 27th were given a $0.53 dividend. The ex-dividend date was Monday, April 27th. This represents a $2.12 dividend on an annualized basis and a yield of 1.6%. BNY's payout ratio is presently 26.27%. </p><h2>Wall Street Analysts Forecast Growth</h2><ul><li>Quiet BNY and Northern Trust Reward Patient Investors</li></ul><p>BK has been the subject of a number of research analyst reports. Royal Bank Of Canada lifted their price target on BNY from $130.00 to $142.00 and gave the company a &#34;sector perform&#34; rating in a research report on Friday, April 17th. Citigroup initiated coverage on BNY in a research report on Monday, February 23rd. They set a &#34;neutral&#34; rating for the company. Evercore  set a $136.00 price target on BNY in a research report on Friday, April 17th. New Street Research  set a $143.00 price target on BNY in a research report on Wednesday, January 14th. Finally, Keefe, Bruyette &amp; Woods lifted their price target on BNY from $143.00 to $150.00 and gave the company an &#34;outperform&#34; rating in a research report on Friday, April 17th. One analyst  has rated the stock with a Strong Buy rating, seven have assigned  a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the stock  has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $138.08.</p><p><b>Read Our Latest Stock Analysis on BK</b></p><h2>Insider Transactions at BNY</h2><p>In other BNY news, insider Kurtis R. Kurimsky sold 5,290 shares of the business's stock in a transaction on Friday, April 17th. The shares were sold at an average price of $136.02, for a total value of $719,545.80. Following the completion of the sale, the insider directly owned 17,259 shares of the company's stock, valued at $2,347,569.18. The trade was a 23.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP J Kevin Mccarthy sold 30,000 shares of the business's stock in a transaction on Friday, April 17th. The stock was sold at an average price of $136.50, for a total transaction of $4,095,000.00. Following the completion of the sale, the executive vice president directly owned 50,238 shares of the company's stock, valued at $6,857,487. This represents a 37.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 48,091 shares of company stock worth $6,568,423. 0.17% of the stock is owned by corporate insiders. </p><h2>BNY Profile</h2> (Free Report)<p>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. </p><p>BNY operates at the center of the world's capital markets, partnering with clients to help them operate more efficiently and accelerate growth.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than BNY</li><li>Navy Catalyst Ignites Odysight’s Growth Engine</li><li>AST SpaceMobile Plummets on Galactic Q1 Miss: Can Vertical Integration Save the SpaceX Rival?</li><li>Axon Surged After Earnings and Is Still Down Over 50% From Highs</li><li>The Event That Could Redefine Apple’s Summer Rally</li></ul><p><strong>Want to see what other hedge funds are holding BK?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BNY (NYSE:BK - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJL?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJL"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in BNY Right Now?</h2><p>Before you consider BNY, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BNY wasn't on the list.</p><p>While BNY currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

FNCL

<p>NewEdge Wealth LLC increased its stake in BNY (NYSE:BK) by 105.3% in Q4, acquiring an additional 10,394 shares, bringing its total to 20,267 shares valued at $2.35 million. Other investors also adjusted their holdings. BNY reported strong earnings, exceeding estimates, and announced a quarterly dividend of $0.53. Analysts have set price targets for BNY ranging from $130 to $150, with a consensus rating of "Moderate Buy."</p>

Market Beat

Bank of NY Mellon

VG Financial

Financial Select Sector SPDR Fund

Fidelity MSCI Financials Index

Blackrock NY Muni Income Trust

Northern Trust

ROYAL BANK OF CANADA

Citigroup

Evercore

BANK OF NEW YORK MELLON CORP DEP SHS REPG 1/4000TH INT SER K PFD

Northern Trust Pref Share NTRSO 4.7 Perp 01/01/25 E

CITIGROUP INC 6.250 NON CUM SER II PFD WI

NewEdge Wealth LLC Buys 10,394 Shares of BNY $BK