Bank of America Corporation $BAC Stock Position Cut by Machina Capital S.A.S.

Machina Capital S.A.S. decreased its stake in shares of Bank of America Corporation (NYSE:BAC) by 39.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 29,015 shares of the financial services provider’s stock after selling 19,280 shares during the period. Machina Capital S.A.S.’s holdings in Bank of America were worth $1,497,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the stock. Brighton Jones LLC raised its holdings in shares of Bank of America by 30.0% in the 4th quarter. Brighton Jones LLC now owns 108,872 shares of the financial services provider’s stock worth $4,785,000 after purchasing an additional 25,143 shares in the last quarter. Sivia Capital Partners LLC lifted its position 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 valued at $1,013,000 after acquiring an additional 6,174 shares during the last quarter. RMG Wealth Management LLC bought a new stake in shares of Bank of America during the 2nd quarter worth $28,000. Shell Asset Management Co. grew its holdings in shares of Bank of America by 119.4% in the 2nd quarter. Shell Asset Management Co. now owns 98,670 shares of the financial services provider’s stock worth $4,669,000 after acquiring an additional 53,703 shares during the last quarter. Finally, Venturi Wealth Management LLC raised its position in shares of Bank of America by 17.0% during the second quarter. Venturi Wealth Management LLC now owns 32,698 shares of the financial services provider’s stock worth $1,547,000 after purchasing an additional 4,756 shares during the period. 70.71% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

BAC has been the subject of a number of recent analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Bank of America in a research report on Tuesday, January 27th. Argus raised their target price on shares of Bank of America from $58.00 to $59.00 and gave the stock a “buy” rating in a report on Thursday, January 15th. Hsbc Global Res raised shares of Bank of America from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 7th. Piper Sandler raised their price objective on shares of Bank of America from $56.00 to $57.00 and gave the stock a “neutral” rating in a research note on Thursday, January 15th. Finally, Daiwa Capital Markets lowered 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 research report on Tuesday, January 27th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $60.00.

Key Headlines Impacting Bank of America

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

• Positive Sentiment: Board declared a regular quarterly cash dividend of $0.28/share (payable March 27; record/ex‑dividend dates in March). A steady dividend and clear payout schedule attract income-focused investors and can support the share price. Bank of America Declares First Quarter 2026 Stock Dividends
• Neutral Sentiment: Bank of America’s Credit Investor Survey flagged AI/tech valuation risk (30% see an AI-stock correction as the likeliest credit catalyst), implying potential sector rotation that could funnel money into financials — a tailwind for banks if it continues. Analysts Love These 3 Stocks Trading Near 52-Week Lows—Here’s Why
• Neutral Sentiment: A Bank of America analyst argued that the recent indiscriminate chip/software selloff over Nvidia is overdone — commentary that may reduce tech-contagion fears but has an uncertain near-term impact on BAC shares. Nvidia’s stock gets swept up in software selloff, but this analyst says that makes no sense
• Neutral Sentiment: BofA raised its near‑term India rupee forecast after a U.S.–India trade deal — a sign of active macro/FX research from the bank but only an indirect influence on BAC equity. BofA lifts near‑term rupee forecast by 2% to 88.60–89 after US trade deal
• Negative Sentiment: BofA’s Chief Investment Strategist Michael Hartnett warned of a possible “sell signal” for global stocks — a cautious market tone that can pressure bank stocks if risk‑off flows intensify. BoA Strategist Just Warned of Sell Signal in Stocks
• Negative Sentiment: Analysts trimmed BAC price targets and flagged adjusted provisioning and a pause in buybacks — direct analyst downgrades/target cuts put downward pressure on the stock and explain some intraday volatility. Analysts Cut Bank of America (BAC) Price Targets Amid Adjusted Provisions and Buyback Pause

Bank of America Price Performance

BAC opened at $55.38 on Thursday. The stock has a fifty day moving average price of $54.29 and a 200 day moving average price of $51.72. 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 stock has a market cap of $404.41 billion, a price-to-earnings ratio of 14.46, a PEG ratio of 1.33 and a beta of 1.29.

Bank of America (NYSE:BAC) last posted its quarterly earnings results on Wednesday, January 14th. The financial services provider reported $0.98 earnings per share for the quarter, topping analysts’ consensus estimates of $0.96 by $0.02. The company had revenue of $4.53 billion during 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 business’s quarterly revenue was up 12.3% on a year-over-year basis. During the same period last year, the business earned $0.82 EPS. Analysts forecast that Bank of America Corporation will post 3.7 EPS for the current fiscal year.

Bank of America Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Friday, March 6th will be paid a $0.28 dividend. The ex-dividend date is Friday, March 6th. This represents a $1.12 dividend on an annualized basis and a yield of 2.0%. Bank of America’s payout ratio is 29.24%.

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.