Teacher Retirement System of Texas Has $102.24 Million Position in Bank of America Corporation $BAC

Teacher Retirement System of Texas lifted its holdings in Bank of America Corporation (NYSE:BAC) by 1.4% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,981,804 shares of the financial services provider’s stock after buying an additional 26,466 shares during the quarter. Teacher Retirement System of Texas’ holdings in Bank of America were worth $102,241,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in Bank of America by 30.0% during the 4th quarter. Brighton Jones LLC now owns 108,872 shares of the financial services provider’s stock worth $4,785,000 after buying an additional 25,143 shares in the last quarter. Sivia Capital Partners LLC lifted its stake in shares of Bank of America by 40.5% during the second 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 period. Signet Financial Management LLC boosted its holdings in Bank of America by 0.3% in the second quarter. Signet Financial Management LLC now owns 125,300 shares of the financial services provider’s stock valued at $5,929,000 after acquiring an additional 357 shares during the last quarter. Postrock Partners LLC increased its position in Bank of America by 4.9% in the second quarter. Postrock Partners LLC now owns 9,721 shares of the financial services provider’s stock worth $460,000 after purchasing an additional 450 shares during the period. Finally, Cassia Capital Partners LLC raised its holdings in Bank of America by 4.0% during the 2nd quarter. Cassia Capital Partners LLC now owns 23,998 shares of the financial services provider’s stock worth $1,136,000 after purchasing an additional 917 shares during the last quarter. Institutional investors and hedge funds own 70.71% of the company’s stock.

Bank of America Stock Up 0.7%

NYSE:BAC opened at $52.42 on Friday. Bank of America Corporation has a 52-week low of $33.06 and a 52-week high of $57.55. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.80 and a current ratio of 0.80. The stock has a 50-day simple moving average of $54.08 and a 200 day simple moving average of $51.31. The company has a market cap of $382.80 billion, a PE ratio of 13.69, a PEG ratio of 1.27 and a beta of 1.29.

Bank of America (NYSE:BAC) last released its earnings results on Wednesday, January 14th. The financial services provider reported $0.98 earnings per share for the quarter, beating analysts’ consensus estimates of $0.96 by $0.02. The business had revenue of $28.53 billion during the quarter, compared to the consensus estimate of $27.73 billion. Bank of America had a net margin of 16.23% and a return on equity of 11.07%. The firm’s revenue for the quarter was up 12.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.82 earnings per share. On average, sell-side analysts expect that Bank of America Corporation will post 3.7 EPS for the current fiscal year.

Bank of America News Summary

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

• Positive Sentiment: Morgan Stanley reiterated a bullish stance on BAC after a strong Q4 cadence, which supports investor confidence in the bank’s profitability and helps explain upside in the shares. Morgan Stanley remains bullish on Bank of America (BAC)
• Positive Sentiment: Broader earnings‑estimate momentum: commentary from Zacks and Q4 season commentary show rising estimates and constructive analyst tone for large banks, supporting multiple expansion. Is Trending Stock Bank of America Corporation (BAC) a Buy Now?
• Positive Sentiment: Investor interest driven by prior strong performance and strategy commentary (review pieces highlighting why BAC outperformed last year), keeping sentiment upbeat. Why Bank of America Stock Crushed it Last Year
• Neutral Sentiment: Big‑bank Q4 recap: the group reported solid bottom‑line results but mixed top‑line guidance and one‑time items — a mixed backdrop that supports earnings growth but keeps guidance risk in focus. Bank Stocks: Another Quarter of Double-Digit S&P 500 Earnings Growth?
• Neutral Sentiment: BofA analysts remain active (examples: sector reports and external stock coverage like the Oklo upgrade), which is normal institutional activity but doesn’t directly move BAC’s fundamentals. Oklo Stock Rises as Meta Deal Triggers Bank of America Upgrade
• Neutral Sentiment: BofA Securities research (e.g., semiconductor coverage) shows the bank’s franchise generating analyst flow and trading business revenue — supportive long term but not an immediate stock catalyst. US Semiconductor Supply, Demand Realign For 2026, Says BofA Analyst
• Negative Sentiment: Policy headline risk: multiple reports say Bank of America is considering offering credit cards with a 10% interest rate (a response to President Trump’s proposal). If adopted, this could compress net interest income and force product trade‑offs, creating investor concern about margin and credit access. Bank of America, Citi consider new credit cards with 10% rate – report
• Negative Sentiment: CEO caution: Brian Moynihan warned that a 10% cap would curb consumer spending and limit credit availability — a public management pushback highlighting that a policy cap could slow fee/interest revenue and loan growth. BofA CEO Warns 10% Credit Card Cap Will Curb Spending
• Negative Sentiment: Political/relationship risk: reports that CEO Brian Moynihan was left off an invite list for a Trump reception at Davos underline potential political friction that could translate into regulatory or reputational noise. Bank of America’s Brian Moynihan left off invite list for Trump reception at Davos

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on BAC. Hsbc Global Res raised shares of Bank of America from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 7th. CICC Research assumed coverage on shares of Bank of America in a research report on Wednesday, January 14th. They set an “outperform” rating and a $62.00 target price for the company. Royal Bank Of Canada raised their price target on Bank of America from $56.00 to $59.00 and gave the stock an “outperform” rating in a research report on Friday, December 12th. Keefe, Bruyette & Woods cut their target price on Bank of America from $64.00 to $63.00 and set an “outperform” rating on the stock in a research note on Thursday, January 15th. Finally, The Goldman Sachs Group boosted their target price on Bank of America from $64.00 to $65.00 and gave the stock a “buy” rating in a research report on Thursday, January 15th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $59.74.

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.