Sustainable Climate Equity Funds to be Liquidated by September 2025

The BI Management A/S has announced the liquidation of the Bæredygtige Klimaaktier Akk. KL, Bæredygtige Klimaaktier Akk. A, and Bæredygtige Klimaaktier Akk. W units. Emission and redemption will be closed on September 1, 2025, and the revised liquidation report will be presented at an extraordinary general meeting on September 16, 2025. Enquiries can be directed to Director Nikoline Voetmann at +45 77 30 90 00.

BI Asset Management Fondsmaeglerselskab A S has significantly increased its holdings in The Bank of New York Mellon Corporation (BK) during the first quarter of 2025. The investment firm's position in BK shares grew by 164.2%, with the total number of shares held now standing at 93,987, valued at $7.88 million [1].

The Bank of New York Mellon Corporation reported a quarterly dividend of $0.53 per share, marking an increase from the previous quarter's $0.47, and an annual yield of 2.1% [1]. The payout ratio, which measures the proportion of earnings paid out as dividends, stands at 32.37% [1].

Shares of BK opened at $100.99 and the company reported earnings of $1.94 per share, surpassing analysts' expectations by $0.21 [1]. The stock's performance has been supported by several institutional investors, including Capital Analysts LLC, Hemington Wealth Management, Y.D. More Investments Ltd, Syon Capital LLC, and Ontario Teachers Pension Plan Board, who have increased their holdings in the bank's stock [1].

Additionally, The Bank of New York Mellon Corporation recently declared an increased dividend, with shareholders receiving $0.53 per share on August 7, 2025, representing an annualized dividend of $2.12 and a yield of 2.1% [1]. The ex-dividend date was July 25, 2025, and the payout ratio remains at 32.37% [1].

In other news, EVP J Kevin McCarthy sold 20,000 shares of the company's stock, representing a 36.29% decrease in his position. The transaction was disclosed in a legal filing with the SEC [1].

Analysts have shown a positive outlook on The Bank of New York Mellon Corporation, with several firms upgrading their price targets and ratings. Keefe, Bruyette & Woods, Evercore ISI, Truist Financial, Morgan Stanley, and Wells Fargo & Company have all raised their price targets, with a consensus rating of "Moderate Buy" and a target price of $95.08 [1].

References:
[1] https://www.marketbeat.com/instant-alerts/filing-the-bank-of-new-york-mellon-corporation-bk-shares-bought-by-bi-asset-management-fondsmaeglerselskab-a-s-2025-08-20/