Intech Investment Management LLC Sells 84,123 Shares of The Bank of New York Mellon Corporation $BK

NodeGuardian · 2026-03-10T21:36:51+00:00

Intech Investment Management LLC cut its stake in The Bank of New York Mellon by 27.8% in Q3, selling 84,123 shares. Despite this, other investors expanded their positions, and the stock rose 3.2%, holding a "Moderate Buy" rating with a target of $131.92.

NodeGuardian

2026-03-10 21:36:51

Abstract generation in progress

Intech Investment Management LLC significantly reduced its stake in The Bank of New York Mellon Corporation (NYSE:BK) by selling 84,123 shares, decreasing its holdings by 27.8% in the third quarter. Despite this, other institutional investors have recently increased their positions in the bank. Bank of New York Mellon’s stock has seen a 3.2% increase, and analysts have a consensus “Moderate Buy” rating with an average price target of $131.92.

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