Bank of America Corporation $BAC Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. cut its holdings in shares of Bank of America Corporation (NYSE:BAC) by 1.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 627,725,642 shares of the financial services provider’s stock after selling 11,422,851 shares during the period. Bank of America accounts for approximately 0.5% of Vanguard Group Inc.’s investment portfolio, making the stock its 25th biggest holding. Vanguard Group Inc. owned about 8.60% of Bank of America worth $32,384,366,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Capital Planning Advisors LLC grew its stake in Bank of America by 156.1% during the 3rd quarter. Capital Planning Advisors LLC now owns 54,697 shares of the financial services provider’s stock worth $2,822,000 after buying an additional 33,337 shares during the last quarter. Northwestern Mutual Investment Management Company LLC boosted its holdings in Bank of America by 3.9% in the third quarter. Northwestern Mutual Investment Management Company LLC now owns 217,187 shares of the financial services provider’s stock worth $11,205,000 after acquiring an additional 8,148 shares in the last quarter. Smithfield Trust Co grew its stake in shares of Bank of America by 3.9% during the third quarter. Smithfield Trust Co now owns 38,384 shares of the financial services provider’s stock worth $1,983,000 after acquiring an additional 1,437 shares during the last quarter. Pallas Capital Advisors LLC grew its stake in shares of Bank of America by 2.2% during the third quarter. Pallas Capital Advisors LLC now owns 202,987 shares of the financial services provider’s stock worth $10,472,000 after acquiring an additional 4,369 shares during the last quarter. Finally, Addison Advisors LLC increased its holdings in shares of Bank of America by 13.3% during the third quarter. Addison Advisors LLC now owns 19,672 shares of the financial services provider’s stock valued at $1,015,000 after acquiring an additional 2,315 shares in the last quarter. Institutional investors and hedge funds own 70.71% of the company’s stock.

Bank of America News Summary

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

• Positive Sentiment: JPMorgan and other analysts remain constructive — JPMorgan slightly raised its price target to $61.50 and kept an Overweight rating, signaling analyst conviction and upside relative to the current price. Why Analysts Are Closely Watching Bank of America Corporation (BAC)
• Positive Sentiment: Community development lending: BofA’s Community Development Banking funded $7.4B in 2025 to create 11,000+ affordable housing units — a positive for franchise strength, fee income and ESG credentials. BofA Community Development Banking Delivers $7.4 Billion…
• Neutral Sentiment: Macro/market signal — BofA research and coverage note U.S. Treasuries (especially 30‑year) as the best hedge if the Fed is done cutting, a view that shifts flows toward long-duration assets and can influence bank trading and investment portfolios. This is market commentary rather than a direct company operational change. Bank of America (BAC) Says U.S. Treasuries Are the Best ‘Safe Haven’
• Neutral Sentiment: Stock momentum since earnings has been muted — coverage notes the share price changed little in the month after BofA’s January quarter beat, suggesting investors are weighing earnings versus macro and regulatory headlines. Why Is Bank of America (BAC) Down 0.1% Since Last Earnings Report?
• Negative Sentiment: Regulatory risk rising — U.S. regulators appear closer to proposing new “Basel endgame” rules that could tighten how large banks measure risk and potentially raise capital requirements, which would pressure returns on equity and capital allocation. US bank regulators move closer to proposing new ‘Basel’ rules for large banks
• Negative Sentiment: Legal/compliance spotlight — a recent ruling in the Jeffrey Epstein-related trial has refocused attention on BofA’s compliance controls and potential reputational/legal risk, which could add uncertainty to costs or capital planning. Epstein Trial Ruling Puts Bank Of America Compliance And Returns In Focus
• Negative Sentiment: Big‑holder movement risk — reports suggest Berkshire Hathaway may have trimmed (or could have trimmed) Bank of America holdings in the quarter; large stake changes can create headline-driven volatility even if the long‑term thesis remains intact. Berkshire Might Have Sold More Apple, Bank of America Stock in Fourth Quarter

Wall Street Analyst Weigh In

Several analysts have weighed in on BAC shares. Dbs Bank raised shares of Bank of America to a “moderate buy” rating in a research report on Wednesday, October 22nd. Phillip Securities boosted their price objective on shares of Bank of America from $50.00 to $56.00 in a report on Tuesday, October 21st. Robert W. Baird raised their target price on Bank of America from $52.00 to $56.00 and gave the stock a “neutral” rating in a research note on Thursday, October 30th. CICC Research assumed coverage on Bank of America in a research report on Wednesday, January 14th. They set an “outperform” rating and a $62.00 price target for the company. Finally, Wall Street Zen raised Bank of America from a “sell” rating to a “hold” rating in a report on Saturday. Twenty-two investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Bank of America currently has an average rating of “Moderate Buy” and a consensus price target of $60.30.

Bank of America Stock Performance

NYSE BAC opened at $52.53 on Monday. The firm has a market capitalization of $383.59 billion, a P/E ratio of 13.72, a PEG ratio of 1.28 and a beta of 1.29. The stock has a 50-day simple moving average of $54.43 and a two-hundred day simple moving average of $52.07. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.80 and a current ratio of 0.80. Bank of America Corporation has a fifty-two week low of $33.06 and a fifty-two week high of $57.55.

Bank of America (NYSE:BAC) last issued its earnings results on Wednesday, January 14th. The financial services provider reported $0.98 EPS for the quarter, topping analysts’ consensus estimates of $0.96 by $0.02. The firm had revenue of $4.53 billion for the quarter, compared to the consensus estimate of $27.73 billion. Bank of America had a return on equity of 11.07% and a net margin of 16.23%.The company’s revenue was up 12.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.82 earnings per share. On average, equities analysts forecast that Bank of America Corporation will post 3.7 earnings per share for the current year.

Bank of America Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 6th will be issued a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, March 6th. Bank of America’s payout ratio is 29.24%.

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.