Arrowstreet Capital, Limited Partnership Reduces $162M in Bank of New York Mellon Corp ($BK)

Arrowstreet Capital, Limited Partnership significantly reduced its stake in Bank of New York Mellon Corp (NYSE: BK) as per its latest 13F filing with the SEC. The firm cut its holdings by 1,182,459 shares, a 40% decrease, leaving it with 1,770,932 shares valued at approximately $254.36 million.

What Changed in Arrowstreet Capital's Bank of New York Mellon Position

Arrowstreet Capital's recent filing shows a notable reduction in its position in Bank of New York Mellon. The firm previously held 2,953,391 shares and has now trimmed this to 1,770,932 shares, a decrease of 1,182,459 shares, or about 40%. The value of the remaining shares stands at approximately $254.36 million.

Other Institutional Activity in Bank of New York Mellon

Several other institutional investors also adjusted their holdings in Bank of New York Mellon. BlackRock, Inc. reduced its position by 579,660 shares, ending with 61,606,510 shares worth about $7.31 billion. FMR LLC decreased its stake by 5,779,410 shares, bringing its total to 27,326,172 shares valued at approximately $3.24 billion. On the other hand, Vanguard Capital Management LLC entered with 44,666,753 shares valued at about $5.30 billion, and Geode Capital Management, LLC added 230,288 shares, resulting in a total of 18,696,566 shares worth roughly $2.21 billion.

Bank of New York Mellon Corp Stock Holds Steady

Shares of Bank of New York Mellon (NYSE: BK) traded near $143.63. The company has a market capitalization of $94.14 billion and a P/E ratio of 17.02, with a forward P/E of 14.23. The stock's 52-week range is between $87.41 and $141.65. It has a 50-day moving average of $129.85 and a 200-day moving average of $117.22.

Recent Earnings

Bank of New York Mellon reported revenue of approximately $20.75 billion with a revenue growth rate of 13.4%. The company achieved a net margin of 28.72% and a return on equity of 13.47%. The next earnings report is expected on July 15, 2026.

Dividend

The company pays an annual dividend of $2.12, yielding 1.53%. The dividend payout ratio stands at 25.56%.

Insider Buying and Selling at Bank of New York Mellon Corp

Several insiders have been active in trading Bank of New York Mellon shares. On April 17, 2026, Sandra O'Connor, Joseph Echevarria, and Jeffrey Goldstein each purchased 1,592 shares. In contrast, Alejandro Perez, Sr. Executive Vice President, sold 1,000 shares, and Kevin McCarthy, SEVP & General Counsel, sold 30,000 shares at an average price of $136.50. Kurtis Kurimsky, Corporate Controller, sold 5,290 shares at $136.02.

Analysts Set New Price Targets

On May 11, 2026, JP Morgan maintained a 'buy' rating on Bank of New York Mellon with a price target of $140. Barclays also maintained a 'buy' rating with a target of $149, while Morgan Stanley kept a 'hold' rating with a target of $139. The consensus among 14 analysts is a 'buy' recommendation, with a mean price target of $142.64.

About Bank of New York Mellon

Bank of New York Mellon Corp, headquartered in New York, NY, is a global financial services company offering a wide range of products. It operates through segments like Securities Services, Market and Wealth Services, and Investment and Wealth Management, serving clients such as central banks, financial institutions, and high net-worth individuals. The company is led by CEO Robin Antony Vince and employs approximately 47,200 people.

Bottom Line

Arrowstreet Capital's decision to cut its stake in Bank of New York Mellon by 40% reflects a significant portfolio adjustment. Investors often track such filings to gauge institutional sentiment, although these reports are backward-looking and may not represent current positions. Bank of New York Mellon's strong financial fundamentals and consistent analyst ratings continue to draw attention in the financial sector.