Bank of America Corporation $BAC is Fort Washington Investment Advisors Inc. OH’s 10th Largest Position

Fort Washington Investment Advisors Inc. OH decreased its holdings in shares of Bank of America Corporation (NYSE:BAC) by 3.2% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 5,772,087 shares of the financial services provider’s stock after selling 187,962 shares during the quarter. Bank of America accounts for about 1.6% of Fort Washington Investment Advisors Inc. OH’s investment portfolio, making the stock its 10th biggest position. Fort Washington Investment Advisors Inc. OH owned 0.08% of Bank of America worth $297,782,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Norges Bank purchased a new stake in Bank of America in the second quarter worth $5,091,641,000. Arrowstreet Capital Limited Partnership grew its holdings in shares of Bank of America by 124.8% in the second quarter. Arrowstreet Capital Limited Partnership now owns 17,619,837 shares of the financial services provider’s stock worth $833,771,000 after purchasing an additional 9,782,208 shares during the last quarter. ABN AMRO Bank N.V. bought a new position in shares of Bank of America in the second quarter worth about $202,439,000. Unisphere Establishment increased its stake in Bank of America by 1,642.5% in the 1st quarter. Unisphere Establishment now owns 4,195,000 shares of the financial services provider’s stock worth $175,057,000 after buying an additional 3,954,250 shares during the period. Finally, OMERS ADMINISTRATION Corp lifted its holdings in Bank of America by 881.5% during the 2nd quarter. OMERS ADMINISTRATION Corp now owns 4,210,388 shares of the financial services provider’s stock valued at $199,236,000 after buying an additional 3,781,417 shares in the last quarter. 70.71% of the stock is owned by institutional investors.

Bank of America Price Performance

Shares of BAC opened at $55.30 on Tuesday. The business’s 50-day moving average is $53.51 and its two-hundred day moving average is $50.37. The company has a market capitalization of $403.83 billion, a P/E ratio of 15.07 and a beta of 1.30. Bank of America Corporation has a fifty-two week low of $33.06 and a fifty-two week high of $56.54. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.79 and a current ratio of 0.79.

Bank of America (NYSE:BAC) last issued its quarterly earnings data on Wednesday, October 15th. The financial services provider reported $1.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.13. Bank of America had a return on equity of 10.76% and a net margin of 15.70%.The business had revenue of $5.35 billion during the quarter, compared to analysts’ expectations of $27.05 billion. During the same quarter in the previous year, the firm posted $0.81 EPS. The company’s revenue for the quarter was up 10.8% on a year-over-year basis. Research analysts predict that Bank of America Corporation will post 3.7 earnings per share for the current year.

Bank of America Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Friday, December 5th were given a $0.28 dividend. This represents a $1.12 annualized dividend and a yield of 2.0%. The ex-dividend date was Friday, December 5th. Bank of America’s dividend payout ratio is currently 30.52%.

Trending Headlines about Bank of America

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

• Positive Sentiment: CEO Brian Moynihan said he expects tariff pressure to ease next year, which reduces an important macro risk for banks and could support corporate activity and loan demand for Bank of America (BAC). Article Title
• Positive Sentiment: Keefe Bruyette raised its price target on Bank of America to $64 (from $58) and kept an Outperform rating after meetings with management — a direct, bullish analyst signal for BAC. Article Title
• Positive Sentiment: Industry momentum: large U.S. banks rallied strongly through 2025, reflecting improving margins and rate environments that helped BAC’s earnings outlook. That sector strength is supportive for BAC’s stock performance. Article Title
• Neutral Sentiment: Bank of America research and strategists remain active on macro themes (gold, FX, commodities) that influence asset flows but are indirect for near‑term BAC earnings. Article Title
• Neutral Sentiment: Coverage updates and pitches listing BAC among “cash‑rich” or buyable large banks increase visibility but have mixed immediate price impact. Article Title
• Negative Sentiment: Valuation caution: some analysts/commentary note BAC is “priced for” strong execution and the stock may have limited upside absent beats — a warning for investors after recent gains. Article Title

Analysts Set New Price Targets

Several equities research analysts have issued reports on BAC shares. Erste Group Bank raised shares of Bank of America from a “hold” rating to a “buy” rating in a research report on Friday, October 3rd. Daiwa Capital Markets lifted their price target on shares of Bank of America from $54.00 to $58.00 and gave the company an “outperform” rating in a research note on Wednesday, October 8th. Keefe, Bruyette & Woods increased their price objective on Bank of America from $58.00 to $64.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 17th. Wells Fargo & Company raised their price objective on Bank of America from $60.00 to $62.00 and gave the stock an “overweight” rating in a report on Monday, October 27th. Finally, Argus lifted their target price on Bank of America from $53.00 to $58.00 in a research report on Friday, October 17th. Twenty-three equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Bank of America currently has an average rating of “Moderate Buy” and a consensus price target of $58.59.

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.