Amundi 13F: Adds $104M to Bank of New York Mellon (BK) Stake

Amundi Increases Stake in Bank of New York Mellon Corp

Amundi has boosted its position in Bank of New York Mellon Corp (BK) by 756,971 shares, a 14.3% increase, according to its latest Form 13F filing with the SEC. This brings Amundi's total holdings to 6,048,144 shares, valued at approximately $829.6 million as of May 18, 2026.

Changes in Amundi's Position

Amundi's stake grew from 5,291,173 shares to 6,048,144 shares, reflecting a notable increase in confidence in the financial services firm. This action shows Amundi's commitment to its investment in Bank of New York Mellon, which has a cost basis of $56.41 per share.

Institutional Moves in Bank of New York Mellon

Several other institutional investors have also made significant adjustments to their positions in Bank of New York Mellon recently. TD Asset Management increased its holdings by 1,271,739 shares, bringing its total to over 1.5 million shares. Meanwhile, AllianceBernstein L.P. raised its stake, indicating continued confidence in the bank's growth prospects. Conversely, Arrowstreet Capital trimmed its position by 40%, showing a varied approach among institutional investors.

How Bank of New York Mellon Corp Stock Has Traded

On May 18, 2026, Bank of New York Mellon shares closed at $137.16, close to its 52-week high of $141.65. The stock has shown strong performance, trading well above its 50-day moving average of $129.85. This strong positioning in the market reflects investor confidence amidst a dynamic financial landscape.

Recent Earnings

For the quarter ended March 31, 2026, Bank of New York Mellon reported revenue of approximately $20.75 billion, reflecting a revenue growth of 13.4% year-over-year. The next earnings report is expected on July 15, 2026, which will provide further insights into the bank's financial health and operational performance.

Insider Buying and Selling at Bank of New York Mellon Corp

There have been no recent insider transactions reported for Bank of New York Mellon, indicating no new buying or selling activity from company executives at this time.

Analysts Set New Price Targets

Currently, Bank of New York Mellon has a consensus rating of "buy" among analysts, with a mean price target of $142.64. This suggests that analysts see further upside potential for the stock based on its fundamentals.

What Bank of New York Mellon Corp Does

Bank of New York Mellon Corporation provides a variety of financial products and services globally, operating through segments like Securities Services and Wealth Management. Its diverse offerings cater to a broad range of clients, including corporations and high-net-worth individuals.

What’s Next for Bank of New York Mellon

Investors will be watching for the upcoming earnings report on July 15, 2026, which could shed light on the bank's ongoing performance and future outlook. This filing reflects Amundi's holdings as of May 18, 2026, and may not represent their current position.