Bank of America (NYSE:BAC) Stock Unloaded Rep. Julie Johnson

Representative Julie Johnson (D-Texas) recently sold shares of Bank of America Corporation (NYSE:BAC). In a filing disclosed on December 11th, the Representative disclosed that they had sold between $1,001 and $15,000 in Bank of America stock on November 13th. The trade occurred in the Representative’s “CHASE BROKERAGE ACCOUNT (3935)” account.

Representative Julie Johnson also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Cigna Group (NYSE:CI) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Xcel Energy (NASDAQ:XEL) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Capital One Financial (NYSE:COF) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Walmart (NASDAQ:WMT) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Seagate Technology (NASDAQ:STX) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Wells Fargo & Company (NYSE:WFC) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Texas Instruments (NASDAQ:TXN) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 11/13/2025.

Bank of America Stock Performance

BAC opened at $54.23 on Friday. Bank of America Corporation has a 1-year low of $33.06 and a 1-year high of $56.07. The company has a market cap of $396.01 billion, a price-to-earnings ratio of 14.78 and a beta of 1.30. The company’s fifty day moving average price is $52.76 and its two-hundred day moving average price is $49.75. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.12.

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 analysts’ consensus estimates of $0.93 by $0.13. Bank of America had a net margin of 15.70% and a return on equity of 10.76%. The firm had revenue of $5.35 billion during the quarter, compared to analysts’ expectations of $27.05 billion. During the same period last year, the company earned $0.81 earnings per share. The business’s revenue was up 10.8% on a year-over-year basis. On average, analysts expect that Bank of America Corporation will post 3.7 EPS for the current fiscal year.

Bank of America Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 26th. Shareholders of record on Friday, December 5th will be paid a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Friday, December 5th. Bank of America’s payout ratio is 30.52%.

Analyst Ratings Changes

A number of analysts have commented on the company. Royal Bank Of Canada boosted their price objective on Bank of America from $56.00 to $59.00 and gave the stock an “outperform” rating in a report on Friday, December 12th. Erste Group Bank upgraded Bank of America from a “hold” rating to a “buy” rating in a report on Friday, October 3rd. Wolfe Research raised their price objective on Bank of America from $57.00 to $58.00 and gave the company an “outperform” rating in a research note on Tuesday, October 7th. Citigroup upped their target price on shares of Bank of America from $58.00 to $62.00 and gave the stock a “buy” rating in a research note on Thursday, October 16th. Finally, Wall Street Zen raised shares of Bank of America from a “sell” rating to a “hold” rating in a research report on Sunday, October 19th. Twenty-three investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $58.59.

Institutional Investors Weigh In On Bank of America

A number of hedge funds have recently modified their holdings of the stock. AIA Group Ltd lifted its stake in Bank of America by 61.2% in the third quarter. AIA Group Ltd now owns 394,359 shares of the financial services provider’s stock valued at $20,345,000 after purchasing an additional 149,652 shares during the last quarter. Keel Point LLC lifted its position in shares of Bank of America by 2.4% during the 3rd quarter. Keel Point LLC now owns 44,738 shares of the financial services provider’s stock valued at $2,308,000 after buying an additional 1,052 shares during the last quarter. Garde Capital Inc. grew its stake in shares of Bank of America by 9.7% during the 3rd quarter. Garde Capital Inc. now owns 13,536 shares of the financial services provider’s stock worth $698,000 after acquiring an additional 1,198 shares during the period. Farmers National Bank grew its stake in shares of Bank of America by 13.4% during the 3rd quarter. Farmers National Bank now owns 5,053 shares of the financial services provider’s stock worth $261,000 after acquiring an additional 596 shares during the period. Finally, MRP Capital Investments LLC purchased a new stake in Bank of America in the 3rd quarter worth about $556,000. Institutional investors own 70.71% of the company’s stock.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.

Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.

Bank of America Company Profile

Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates in four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets.