DSG Capital Advisors LLC Makes New Investment in Bank of America Corporation $BAC

DSG Capital Advisors LLC purchased a new stake in Bank of America Corporation (NYSE:BAC) in the third quarter, HoldingsChannel reports. The firm purchased 56,994 shares of the financial services provider’s stock, valued at approximately $2,940,000.

Several other hedge funds and other institutional investors have also bought and sold shares of BAC. Norges Bank acquired a new stake in Bank of America in the second quarter worth $5,091,641,000. Arrowstreet Capital Limited Partnership increased its position in shares of Bank of America by 124.8% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 17,619,837 shares of the financial services provider’s stock valued at $833,771,000 after buying an additional 9,782,208 shares in the last quarter. ABN AMRO Bank N.V. bought a new position in Bank of America during the second quarter worth about $202,439,000. OMERS ADMINISTRATION Corp grew its stake in Bank of America by 881.5% in the second quarter. OMERS ADMINISTRATION Corp now owns 4,210,388 shares of the financial services provider’s stock valued at $199,236,000 after acquiring an additional 3,781,417 shares during the period. Finally, AMF Tjanstepension AB increased its holdings in shares of Bank of America by 62.9% in the second quarter. AMF Tjanstepension AB now owns 8,904,561 shares of the financial services provider’s stock worth $421,564,000 after acquiring an additional 3,438,876 shares in the last quarter. Institutional investors own 70.71% of the company’s stock.

Analyst Upgrades and Downgrades

BAC has been the topic of several recent analyst reports. Wells Fargo & Company lifted their price objective on Bank of America from $62.00 to $65.00 and gave the company an “overweight” rating in a report on Monday, January 5th. Robert W. Baird lifted their price target on shares of Bank of America from $52.00 to $56.00 and gave the company a “neutral” rating in a research note on Thursday, October 30th. The Goldman Sachs Group increased their price objective on shares of Bank of America from $65.00 to $67.00 and gave the stock a “buy” rating in a research report on Monday. Daiwa Capital Markets dropped their price objective on shares of Bank of America from $66.00 to $62.00 and set a “buy” rating on the stock in a report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft increased their target price on Bank of America from $56.00 to $58.00 and gave the stock a “buy” rating in a report on Tuesday, September 30th. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Bank of America presently has a consensus rating of “Moderate Buy” and a consensus target price of $60.00.

Bank of America Stock Up 0.3%

Shares of BAC stock opened at $52.20 on Wednesday. The firm’s fifty day moving average price is $54.08 and its two-hundred day moving average price is $51.46. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 1.15. Bank of America Corporation has a 1 year low of $33.06 and a 1 year high of $57.55. The firm has a market capitalization of $381.16 billion, a P/E ratio of 13.63, a PEG ratio of 1.27 and a beta of 1.29.

Bank of America (NYSE:BAC) last announced its quarterly earnings data 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. Bank of America had a return on equity of 11.07% and a net margin of 16.23%.The company had revenue of $4.53 billion during the quarter, compared to analysts’ expectations of $27.73 billion. During the same quarter last year, the company earned $0.82 EPS. Bank of America’s revenue for the quarter was up 12.3% compared to the same quarter last year. On average, equities analysts predict that Bank of America Corporation will post 3.7 EPS for the current fiscal year.

More Bank of America News

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

• Positive Sentiment: MarketBeat / analysis pieces argue BAC’s pullback has left it at an attractive, below‑market P/E and many sell‑side firms still see ~25%+ upside, supporting buying interest. Bank of America’s Rock-Bottom P/E and 25% Upside Potential
• Positive Sentiment: Goldman Sachs raised its price target on BAC to $67 and reiterated a Buy, a bullish signal that can drive demand. Goldman Sachs raises price target
• Positive Sentiment: Disclosure that Flutter Entertainment holds a major stake in Bank of America signals institutional buying/interest from an unexpected investor type, which can be supportive for the stock. Flutter Entertainment reveals major Bank of America stake
• Neutral Sentiment: Bank of America is hosting/anchoring conferences (e.g., Bank of America Securities Financial Services Conference) where firms present — normal industry activity that increases visibility but has limited immediate impact on BAC’s fundamentals. GCM Grosvenor to Present at the Bank of America Securities Financial Services Conference
• Neutral Sentiment: Analyst writeups (Zacks, TipRanks, Yahoo roundup) highlight BAC’s Q4 loan mix (commercial strength) and analyst target ranges — useful for investors but largely reiterative. What Are Wall Street Analysts’ Target Price for Bank of America Stock?
• Neutral Sentiment: BofA research calls (gold to $6,000, AI chip stock picks) keep the bank in headlines for macro/sector views; these are reputation/flows items but not direct drivers of BAC’s near‑term earnings. Bank Of America Calls For $6,000 Gold In 2026
• Negative Sentiment: Daiwa trimmed its price target from $66 to $62 (though it kept a Buy rating), a signal that some analysts are moderating estimates — can cap near‑term upside. Daiwa lowers price target
• Negative Sentiment: Regulatory risk: coverage about BAC evaluating new 10% credit‑card offerings and broader discussion of a proposed 10% cap on card APRs remain a material earnings risk for consumer‑finance income if enacted. Bank of America evaluates new credit cards with 10% rate
• Negative Sentiment: Recent pullback appears partly macro/driven (risk‑off/geopolitical headlines); that broader sentiment, not BAC fundamentals, has pressured the stock and could keep volatility high. BAC stock profile

Bank of America 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.