Bank of America Corporation $BAC Stock Position Raised by Capital International Sarl

Capital International Sarl grew its holdings in shares of Bank of America Corporation (NYSE:BAC) by 3.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 738,720 shares of the financial services provider’s stock after purchasing an additional 27,620 shares during the quarter. Capital International Sarl’s holdings in Bank of America were worth $38,111,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in Bank of America in the 2nd quarter valued at approximately $5,091,641,000. Arrowstreet Capital Limited Partnership increased its holdings in Bank of America by 124.8% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 17,619,837 shares of the financial services provider’s stock valued at $833,771,000 after purchasing an additional 9,782,208 shares in 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. OMERS ADMINISTRATION Corp boosted its holdings in Bank of America by 881.5% in the second quarter. OMERS ADMINISTRATION Corp now owns 4,210,388 shares of the financial services provider’s stock valued at $199,236,000 after acquiring an additional 3,781,417 shares during the last quarter. Finally, LSV Asset Management lifted its stake in shares of Bank of America by 96.5% in the 2nd quarter. LSV Asset Management now owns 6,882,719 shares of the financial services provider’s stock valued at $325,690,000 after purchasing an additional 3,379,335 shares during the period. Institutional investors own 70.71% of the company’s stock.

Insiders Place Their Bets

In other Bank of America news, insider Thomas M. Scrivener sold 50,000 shares of Bank of America stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $49.82, for a total transaction of $2,491,000.00. Following the transaction, the insider directly 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider James P. Demare sold 83,832 shares of the stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $50.00, for a total transaction of $4,191,600.00. Following the completion of the sale, the insider owned 307,240 shares of the company’s stock, valued at approximately $15,362,000. This represents a 21.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.30% of the company’s stock.

Bank of America News Summary

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

• Positive Sentiment: Led a $2.75 billion leveraged loan to finance Nexstar’s acquisition of Tegna — a sign of fee‑generating deal activity and willingness to underwrite large syndicated loans despite a weak loan market. Bank of America Offers $2.75 Billion Loan for Tegna Acquisition
• Positive Sentiment: Shifted funding mix from floating to fixed-rate funding — BofA analysts flag this as a subtle signal that management is actively managing interest‑rate and funding risk, which could stabilize net interest income profile if rates fall or volatility rises. Bank of America’s Funding Shift From Floating to Fixed: Subtle Clue About BAC’s Risk Strategy?
• Positive Sentiment: Published industry research (2026 U.S. Art Market Report) showing a 23% rebound in U.S. auction sales — helps Bank of America’s advisory/research visibility and cross‑sell opportunities to wealthy clients. U.S. Art Market Rebounds, Posting a 23% Increase in Auction Sales
• Neutral Sentiment: BofA highlights AI’s threat to software stocks and recommends caution — reflects research/market views that could influence client positioning but is not a direct driver of BAC’s fundamentals. The AI Threat to Software Stocks Is Real, Warns Bank of America (BAC)
• Neutral Sentiment: BofA identifies potential winners from Nvidia’s GTC event (AI chip / optical interconnect theme) — signals thematic research that could aid equity trading and investment banking pipelines over time. Nvidia’s big GTC event could spark a rally in these 5 stocks
• Negative Sentiment: Equity‑derivatives strategists (Nitin Saksena et al.) warn of a possible “scorched‑earth” response from Iran — a geopolitical risk that could increase equity market volatility and weigh on large financials like BAC. Beware the risk of a scorched-earth strategy from Iran, say Bank of America strategists
• Negative Sentiment: Large insider sales reported (totaling multiple millions) — can spook investors even if not unusual for financials, contributing to downward pressure on the share price. Insider Selling: Bank of America (NYSE:BAC) Insider Sells $4,191,600.00 in Stock Insider Selling: Bank of America (NYSE:BAC) Insider Sells $2,491,000.00 in Stock
• Negative Sentiment: Chief investment strategist warns that market conditions don’t yet signal a durable rebound — adds to cautious sentiment and could reduce risk appetite among BofA clients and the broader market. Bank of America drops shock message on the stock market

Bank of America Stock Performance

Shares of BAC stock opened at $47.91 on Tuesday. 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 $343.83 billion, a price-to-earnings ratio of 12.51, a price-to-earnings-growth ratio of 1.19 and a beta of 1.28. The firm has a 50 day moving average of $53.13 and a 200-day moving average of $52.55. Bank of America Corporation has a 52 week low of $33.06 and a 52 week high of $57.55.

Bank of America (NYSE:BAC) last released its quarterly earnings data on Wednesday, January 14th. The financial services provider reported $0.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.96 by $0.02. Bank of America had a net margin of 16.23% and a return on equity of 11.07%. The company had revenue of $4.53 billion for the quarter, compared to analysts’ expectations of $27.73 billion. During the same quarter in the prior year, the firm earned $0.82 EPS. The business’s revenue was up 12.3% on a year-over-year basis. 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 disclosed 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. The ex-dividend date is Friday, March 6th. This represents a $1.12 annualized dividend and a dividend yield of 2.3%. Bank of America’s payout ratio is currently 29.24%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Wells Fargo & Company increased their target price on Bank of America from $62.00 to $65.00 and gave the stock an “overweight” rating in a research note on Monday, January 5th. The Goldman Sachs Group increased their price target on shares of Bank of America from $65.00 to $67.00 and gave the company a “buy” rating in a research note on Monday, January 26th. Morgan Stanley lowered their target price on Bank of America from $68.00 to $64.00 and set an “overweight” rating on the stock in a research note on Thursday, January 15th. Erste Group Bank cut shares of Bank of America from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 4th. Finally, Truist Financial lowered their price target on Bank of America from $62.00 to $60.00 and set a “buy” rating for the company in a report on Thursday, January 15th. Twenty-one 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.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $60.30.

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.