BNY Mellon stock falls 1.62 percent as fund adds shares

Published on 10/07/2026 at 16:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BNY Mellon stock faced a 1.62 percent decline on October 7, 2026, during NYSE trading. Ferguson Wellman raised its position 36.9 percent to 33,890 shares.

Isometrische 3D-Illustration der Bankprozesse von Verwahrung über Handel bis Berichtswesen — Isometrisches 3D-Diagramm der globalen Bankprozesse von Bank of New York Mellon ISIN US0640581007, Illustration mit AI erstellt.

BNY Mellon stock (ISIN US0640581007) was down 1.62 percent on the NYSE on October 7, 2026 at 10:23 a.m. ET. The fresh ownership filing adds a separate signal: Ferguson Wellman Capital Management increased its position by 36.9 percent in the third quarter.

Institutional stake rises

According to MarketBeat on October 6, 2026, Ferguson Wellman bought 9,131 shares and lifted its holding to 33,890 shares valued at USD 4.902 million. Institutional investors collectively owned 85.31 percent of BNY.

The filing does not change BNY's earnings profile, but it gives the October 7 decline a counterpoint. The bank's market capitalization stood at USD 97.1 billion, while the 52-week range was USD 103.11 to USD 165.84.

Q2 growth supports guidance

BNY's latest reported quarter was Q2 2026. The company's July 15, 2026 earnings-call transcript, published by Fortune, showed total revenue of USD 5.7 billion, up 13 percent year over year, and earnings per share of USD 2.45, up 27 percent.

Management also raised its 2026 outlook for total revenue growth to 10-11 percent, excluding notable items, and expects net interest income to increase 12-13 percent. Expense growth is projected at 6-7 percent, with approximately 400 basis points of positive operating leverage, according to the same July 15 transcript.

Consensus target stays higher

MarketBeat listed a Moderate Buy consensus from 14 analysts and an average price target of USD 161.23. Against the USD 141.40 NYSE quote, that target lies 14.0 percent above the price.

The next scheduled earnings release is October 15, 2026, before the opening bell, with consensus at USD 2.27 earnings per share and USD 5.56 billion in revenue, according to Benzinga on October 5, 2026. The forecast would put quarterly EPS above the USD 1.91 reported for the year-ago quarter.