Wellington Management Group LLP increased its stake in Bank of New York Mellon to 3,258,967 shares valued at $234.2 million, while Northern Trust Corp raised its position by 19.1% to 9,533,615 shares worth $732.5 million. Institutional investors now hold 85.31% of the bank's stock, which has a "Moderate Buy" rating from analysts, with a target price averaging $89.71. The bank reported a quarterly EPS of $1.72, exceeding estimates, and a revenue of $4.85 billion, reflecting an 11.2% year-over-year increase.