Bank of America Corporation $BAC Stock Holdings Lifted by Czech National Bank

Czech National Bank raised its position in shares of Bank of America Corporation (NYSE:BAC) by 2.4% in the fourth quarter, Holdings Channel reports. The firm owned 1,771,513 shares of the financial services provider’s stock after buying an additional 40,967 shares during the period. Bank of America accounts for 0.6% of Czech National Bank’s investment portfolio, making the stock its 22nd largest holding. Czech National Bank’s holdings in Bank of America were worth $97,433,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Brighton Jones LLC raised its holdings in shares of Bank of America by 30.0% during the 4th 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 boosted its stake 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 acquiring an additional 6,174 shares in the last quarter. North Star Asset Management Inc. increased its holdings in shares of Bank of America by 18.2% during the 2nd quarter. North Star Asset Management Inc. now owns 11,048 shares of the financial services provider’s stock valued at $523,000 after acquiring an additional 1,700 shares during the last quarter. Richmond Investment Services LLC bought a new position in shares of Bank of America in the 2nd quarter valued at approximately $275,000. Finally, Boston Partners raised its stake in shares of Bank of America by 32.8% in the 2nd quarter. Boston Partners now owns 8,405,793 shares of the financial services provider’s stock valued at $397,641,000 after acquiring an additional 2,076,378 shares in the last quarter. Institutional investors own 70.71% of the company’s stock.

Insider Buying and Selling

In other Bank of America news, insider Thomas M. Scrivener sold 50,000 shares of the business’s stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $49.82, for a total value of $2,491,000.00. Following the sale, the insider owned 227,973 shares of the company’s stock, valued at $11,357,614.86. The trade was a 17.99% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Bernard A. Mensah sold 94,000 shares of the stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $46.94, for a total transaction of $4,412,360.00. Following the completion of the transaction, the insider owned 170,184 shares of the company’s stock, valued at approximately $7,988,436.96. This represents a 35.58% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 227,832 shares of company stock valued at $11,094,960 over the last ninety days. 0.30% of the stock is owned by company insiders.

Bank of America Stock Up 1.2%

BAC stock opened at $48.74 on Thursday. Bank of America Corporation has a twelve month low of $33.06 and a twelve month high of $57.55. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 1.15. The company has a market cap of $348.25 billion, a PE ratio of 12.72, a price-to-earnings-growth ratio of 1.17 and a beta of 1.28. The business’s 50-day simple moving average is $51.24 and its 200 day simple moving average is $52.30.

Bank of America (NYSE:BAC) last posted its quarterly earnings results on Wednesday, January 14th. The financial services provider reported $0.98 EPS 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 firm had revenue of $4.53 billion during the quarter, compared to analysts’ expectations of $27.73 billion. During the same quarter in the prior year, the firm posted $0.82 EPS. The company’s revenue for the quarter was up 12.3% on a year-over-year basis. On average, research analysts anticipate that Bank of America Corporation will post 3.7 earnings per share for the current year.

Bank of America Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Friday, March 6th will be paid a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Friday, March 6th. Bank of America’s dividend payout ratio is presently 29.24%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on BAC. Morgan Stanley decreased their target price on Bank of America from $68.00 to $64.00 and set an “overweight” rating for the company in a research report on Thursday, January 15th. Oppenheimer lifted their price target on shares of Bank of America from $55.00 to $63.00 and gave the company an “outperform” rating in a research report on Thursday, December 18th. Daiwa Securities Group reduced their price objective on shares of Bank of America from $66.00 to $62.00 and set a “buy” rating for the company in a research note on Tuesday, January 27th. Evercore set a $59.00 price objective on shares of Bank of America in a report on Thursday, January 15th. Finally, Piper Sandler raised their target price on shares of Bank of America from $56.00 to $57.00 and gave the company a “neutral” rating in a research note on Thursday, January 15th. Twenty-one investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $59.87.

Trending Headlines about Bank of America

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

• Positive Sentiment: BofA sets up a private-capital M&A team to advise on private-equity exits — a direct revenue opportunity from advisory fees as PE managers look to sell or recap assets; the hire signals the bank is chasing fee pools in private markets. Article Title
• Positive Sentiment: Market notes and wire stories highlighting BAC’s outperformance vs. the broader market provide short-term bullish momentum and may attract active flows into the name. Article Title
• Neutral Sentiment: BofA’s research team has been active — initiating and upgrading coverage on AI-infrastructure names (CoreWeave, Nebius) and reinstating coverage on Oracle — which bolsters the firm’s sell-side profile but is indirect for BAC’s fundamentals. Strong research can help trading and investment-banking pipelines over time. Article Title Article Title
• Neutral Sentiment: Analyst and market commentary about the financial sector (XLF) frames BAC as a core bank exposure in a deeply underperformed sector — that could support longer-term flows if sector rotation resumes, but broader NIM and mortgage headwinds remain. (Sector context: watch rates/NIM and loan growth.)
• Neutral Sentiment: Expectations for BAC’s upcoming quarterly report are for modest earnings growth; preview coverage and “what to expect” pieces are keeping the name on investors’ radars but don’t change near-term fundamentals absent surprises. Article Title
• Negative Sentiment: An outside bearish price forecast from Goldman Sachs was published, which could weigh on sentiment and prompt some profit-taking or cautious positioning by institutional investors. Article Title

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.