Bank of America Corporation $BAC Stock Holdings Boosted by Hilltop Holdings Inc.

Hilltop Holdings Inc. increased its position in Bank of America Corporation (NYSE:BAC) by 143.2% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 57,589 shares of the financial services provider’s stock after acquiring an additional 33,906 shares during the period. Hilltop Holdings Inc.’s holdings in Bank of America were worth $2,971,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of BAC. Permanent Capital Management LP acquired a new position in shares of Bank of America during the third quarter worth approximately $649,000. Meridian Wealth Management LLC increased its position in Bank of America by 54.6% in the 3rd quarter. Meridian Wealth Management LLC now owns 58,308 shares of the financial services provider’s stock valued at $3,008,000 after acquiring an additional 20,591 shares during the period. Lockheed Martin Investment Management Co. raised its stake in Bank of America by 15.9% during the 3rd quarter. Lockheed Martin Investment Management Co. now owns 629,610 shares of the financial services provider’s stock valued at $32,482,000 after acquiring an additional 86,290 shares in the last quarter. World Equity Group Inc. boosted its position in Bank of America by 21.8% during the 3rd quarter. World Equity Group Inc. now owns 73,188 shares of the financial services provider’s stock worth $3,779,000 after acquiring an additional 13,119 shares during the period. Finally, AdvisorShares Investments LLC acquired a new position in Bank of America during the 3rd quarter worth $482,000. 70.71% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Morgan Stanley lowered their price target on Bank of America from $68.00 to $64.00 and set an “overweight” rating on the stock in a report on Thursday, January 15th. Keefe, Bruyette & Woods reduced their price objective on shares of Bank of America from $64.00 to $63.00 and set an “outperform” rating for the company in a report on Thursday, January 15th. Wells Fargo & Company increased their target price on shares of Bank of America from $62.00 to $65.00 and gave the company an “overweight” rating in a research report on Monday, January 5th. Oppenheimer raised their target price on shares of Bank of America from $55.00 to $63.00 and gave the company an “outperform” rating in a research note on Thursday, December 18th. Finally, Piper Sandler boosted their price target on shares of Bank of America from $56.00 to $57.00 and gave the stock a “neutral” rating in a research report on Thursday, January 15th. Twenty-one analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Bank of America has a consensus rating of “Moderate Buy” and an average target price of $60.30.

Bank of America Trading Up 0.8%

Shares of Bank of America stock opened at $47.07 on Tuesday. The business has a fifty day simple moving average of $52.32 and a 200-day simple moving average of $52.46. Bank of America Corporation has a fifty-two week low of $33.06 and a fifty-two week high of $57.55. The firm has a market cap of $337.84 billion, a price-to-earnings ratio of 12.29, a price-to-earnings-growth ratio of 1.14 and a beta of 1.28. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 1.15.

Bank of America (NYSE:BAC) last released its earnings results 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 return on equity of 11.07% and a net margin of 16.23%.The firm had revenue of $4.53 billion for the quarter, compared to analyst estimates of $27.73 billion. During the same period in the previous year, the company earned $0.82 earnings per share. Bank of America’s revenue was up 12.3% compared to the same quarter last year. On average, equities 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 disclosed a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 6th will be paid a $0.28 dividend. The ex-dividend date of this dividend is Friday, March 6th. This represents a $1.12 annualized dividend and a dividend yield of 2.4%. Bank of America’s payout ratio is currently 29.24%.

Bank of America News Roundup

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

• Positive Sentiment: Management update: Bank of America said Q1 net interest income is tracking at least 7% higher year‑over‑year, which supports margin and EPS outlooks that investors watch closely for banks. This operational beat/guide helped justify buying interest. Bank of America Corporation (BAC) Says Q1 Net Interest Income Is Tracking at Least 7% Higher Year Over Year
• Positive Sentiment: Analyst/valuation support: Market commentary highlights BAC as an oversold large‑cap with a Moderate Buy analyst consensus and a ~ $60 price target, framing the stock as a value/income play (forward P/E low, dividend yield). That narrative can attract value‑oriented flows. 5 Oversold Large-Cap Stocks That May Be Worth Buying Soon (BAC)
• Neutral Sentiment: Macro/commodity research from BofA: The bank’s research team lifted its Brent forecast and is flagging elevated war risks (Iran) that are re‑shaping commodity and macro assumptions. This can raise trading volatility and affect sector positioning but is an indirect driver for BAC itself. Hormuz Closure Resets The Math For These 14 Oil Stocks, Analyst Says
• Neutral Sentiment: Regulatory/holding notices: Small disclosure filings show Bank of America adjusted stakes in some European companies (Umicore, TCM Group), which are routine block/portfolio moves and unlikely to drive BAC’s price materially. Umicore – Transparency notifications by Bank of America Corporation
• Negative Sentiment: Legal overhang: The bank agreed to settle a class action brought by Jeffrey Epstein’s victims accusing it of failing to report suspicious transactions. Settlement removes some uncertainty but creates direct reputational and potential cash‑cost implications that investors view as a liability. Bank of America Agrees to Settle Lawsuit Over Jeffrey Epstein Ties, U.S. Court Says
• Negative Sentiment: Insider selling: A key executive (Bernard Mensah) filed a sale of roughly $4.4M in shares. Insider sales can prompt questions about timing/conviction even though they’re often routine; it’s a modest headwind for sentiment. Bank of America’s (BAC) Key Insider Sells $4.4M in Stock. Should Investors Worry?

Insider Buying and Selling

In related news, insider Thomas M. Scrivener sold 50,000 shares of the business’s stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $49.82, for a total value of $2,491,000.00. Following the sale, the insider directly owned 227,973 shares in the company, valued at $11,357,614.86. The trade was a 17.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider James P. Demare sold 83,832 shares of the stock in a transaction that occurred on 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 sale, the insider directly owned 307,240 shares of the company’s stock, valued at approximately $15,362,000. This represents a 21.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 227,832 shares of company stock worth $11,094,960 in the last ninety days. 0.30% of the stock is currently owned by corporate insiders.

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.