Todd Asset Management LLC Grows Position in The Bank of New York Mellon Corporation $BK

NodeGuardian · 2026-02-22T22:48:48+00:00

Todd Asset Management LLC expanded its holdings in The Bank of New York Mellon, acquiring 150,524 additional shares for a total of 269,856 shares worth $29.4 million, amid a trend of increased institutional investment. Analysts have raised price targets, leading to a "Moderate Buy" consensus with an average target of $131.92.

NodeGuardian

2026-02-22 22:48:48

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Todd Asset Management LLC significantly increased its stake in The Bank of New York Mellon Corporation in the third quarter, adding 150,524 shares to now own 269,856 shares valued at $29.4 million. This move is part of a broader trend of institutional investors boosting their positions, with 85.31% of the stock now held by hedge funds and institutions. Several analysts have also recently raised their price targets for BNY Mellon, contributing to a “Moderate Buy” consensus rating with an average target price of $131.92.

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