Campbell & CO Investment Adviser LLC Takes Position in Bank of America Corporation $BAC

Campbell & CO Investment Adviser LLC bought a new stake in Bank of America Corporation (NYSE:BAC) in the 3rd quarter, according to its most recent filing with the SEC. The fund bought 12,458 shares of the financial services provider’s stock, valued at approximately $643,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in Bank of America by 30.0% during the fourth quarter. Brighton Jones LLC now owns 108,872 shares of the financial services provider’s stock valued at $4,785,000 after purchasing an additional 25,143 shares in the last quarter. Sivia Capital Partners LLC raised its position in shares of Bank of America by 40.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 21,401 shares of the financial services provider’s stock worth $1,013,000 after purchasing an additional 6,174 shares during the last quarter. Wedge Capital Management L L P NC lifted its stake in Bank of America by 8.7% in the 2nd quarter. Wedge Capital Management L L P NC now owns 11,402 shares of the financial services provider’s stock valued at $540,000 after buying an additional 914 shares in the last quarter. Opal Wealth Advisors LLC boosted its holdings in Bank of America by 2.3% in the 2nd quarter. Opal Wealth Advisors LLC now owns 15,941 shares of the financial services provider’s stock worth $754,000 after buying an additional 359 shares during the last quarter. Finally, CHICAGO TRUST Co NA increased its stake in Bank of America by 4.9% during the 2nd quarter. CHICAGO TRUST Co NA now owns 104,130 shares of the financial services provider’s stock worth $4,927,000 after buying an additional 4,878 shares in the last quarter. Institutional investors and hedge funds own 70.71% of the company’s stock.

Analyst Upgrades and Downgrades

BAC has been the topic of several research reports. Weiss Ratings restated a “buy (b)” rating on shares of Bank of America in a research report on Thursday, October 30th. Phillip Securities raised their price objective on Bank of America from $50.00 to $56.00 in a report on Tuesday, October 21st. Wall Street Zen cut shares of Bank of America from a “hold” rating to a “sell” rating in a research note on Monday, January 5th. JPMorgan Chase & Co. increased their target price on shares of Bank of America from $58.00 to $61.00 and gave the company an “overweight” rating in a research report on Tuesday, January 6th. Finally, Argus raised their price target on shares of Bank of America from $58.00 to $59.00 and gave the stock a “buy” rating in a research note on Thursday, January 15th. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $59.74.

Bank of America Price Performance

Shares of BAC stock opened at $52.09 on Wednesday. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.80 and a quick ratio of 0.80. The company has a market capitalization of $380.37 billion, a PE ratio of 13.60 and a beta of 1.29. The firm’s 50-day moving average is $54.13 and its two-hundred day moving average is $51.29. Bank of America Corporation has a 12 month low of $33.06 and a 12 month high of $57.55.

Bank of America (NYSE:BAC) last posted its quarterly earnings results on Wednesday, January 14th. The financial services provider reported $0.98 earnings per share for the quarter, beating the consensus estimate of $0.96 by $0.02. The business had revenue of $28.53 billion during the quarter, compared to analysts’ expectations of $27.73 billion. Bank of America had a net margin of 16.23% and a return on equity of 11.07%. The business’s revenue for the quarter was up 12.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.82 EPS. Analysts predict that Bank of America Corporation will post 3.7 earnings per share for the current year.

Bank of America Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Friday, December 5th were paid a dividend of $0.28 per share. The ex-dividend date of this dividend was Friday, December 5th. This represents a $1.12 annualized dividend and a yield of 2.2%. Bank of America’s dividend payout ratio (DPR) is 29.24%.

Key Bank of America News

Here are the key news stories impacting Bank of America this week:

• Positive Sentiment: CEO outlook: BofA CEO Brian Moynihan upgraded the bank’s economic view, forecasting ~2.8% GDP growth for 2026 and saying consumer spending looks stronger than the Street expects — a backdrop that would support loan growth, fee income and net interest income for BAC. Bank of America CEO sees stronger 2026 economy, says Wall Street may be underetimating growth
• Positive Sentiment: Sector tailwind: Multiple pieces argue bank stocks could outperform in 2026 (dividend and earnings upside as rates and growth normalize), which supports a constructive view on BAC as a large-cap bank beneficiary. Why Bank Stocks Could Surprise Investors in 2026—3 Dividend Plays to Consider
• Positive Sentiment: Rate sensitivity highlighted: Commentators including Jim Cramer and recent analyst notes emphasize BAC benefits from higher rates (improving net interest margin), reinforcing the case that a sustained rise in rates would be a clear earnings tailwind. Bank of America (BAC) Needs Higher Rates, Says Jim Cramer
• Neutral Sentiment: Employee award: BofA will grant $1 billion in stock to non-executive employees via its Sharing Success Program (9th consecutive year). This is broadly positive for retention/ morale but is a compensation expense to monitor; market reaction tends to be muted. BofA Awards $1 Billion in Stock through Sharing Success Program to Non-Executive Employees
• Neutral Sentiment: Research notes & risks: BofA research has flagged a set of “10 market surprises” and continues to publish comparative and valuation pieces on BAC and peers — these reports can amplify intra-day moves but are informational rather than company-specific catalysts. Bank of America Flags 10 Market Surprises
• Neutral Sentiment: BofA Securities activity: A Bank of America Securities analyst reiterated a Sell on Moderna (Moderna-focused research item) — this highlights BofA’s active research franchise but does not directly affect BAC’s fundamentals. Moderna: Intismeran Upside Insufficient to Offset Commercial, Pipeline, and Legal Risks; Maintain Sell Rating

Bank of America Company Profile

Bank of America Corporation is a multinational financial services company headquartered in Charlotte, North Carolina. It provides a broad array of banking, investment, asset management and related financial and risk management products and services to individual consumers, small- and middle-market businesses, large corporations, governments and institutional investors. The firm operates through consumer banking, global wealth and investment management, global banking and markets businesses, offering capabilities across lending, deposits, payments, advisory and capital markets.

Its consumer-facing offerings include checking and savings accounts, mortgages, home equity lending, auto loans, credit cards and small business banking, supported by a nationwide branch network and digital channels.