Sapient Capital LLC Sells 42,519 Shares of Bank of America Corporation $BAC

Sapient Capital LLC lowered its holdings in shares of Bank of America Corporation (NYSE:BAC) by 2.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 1,567,903 shares of the financial services provider’s stock after selling 42,519 shares during the period. Bank of America comprises 1.3% of Sapient Capital LLC’s holdings, making the stock its 14th largest holding. Sapient Capital LLC’s holdings in Bank of America were worth $82,115,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of BAC. Brighton Jones LLC raised its position in shares of Bank of America by 30.0% during the fourth quarter. Brighton Jones LLC now owns 108,872 shares of the financial services provider’s stock worth $4,785,000 after acquiring an additional 25,143 shares during the last quarter. Palogic Value Management L.P. boosted its holdings in Bank of America by 5.7% in the first quarter. Palogic Value Management L.P. now owns 49,175 shares of the financial services provider’s stock valued at $2,052,000 after acquiring an additional 2,641 shares during the last quarter. Activest Wealth Management increased its position in Bank of America by 5.6% during the 1st quarter. Activest Wealth Management now owns 12,500 shares of the financial services provider’s stock valued at $522,000 after purchasing an additional 667 shares during the period. Panagora Asset Management Inc. raised its holdings in Bank of America by 2.1% during the 1st quarter. Panagora Asset Management Inc. now owns 4,537,532 shares of the financial services provider’s stock worth $189,351,000 after purchasing an additional 91,339 shares during the last quarter. Finally, Pinnacle Wealth Planning Services Inc. lifted its position in shares of Bank of America by 1.0% in the 1st quarter. Pinnacle Wealth Planning Services Inc. now owns 34,112 shares of the financial services provider’s stock worth $1,423,000 after purchasing an additional 334 shares during the period. Institutional investors own 70.71% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on BAC shares. Ameriprise Financial upgraded shares of Bank of America to a “buy” rating in a research report on Wednesday, October 22nd. Wall Street Zen upgraded Bank of America from a “sell” rating to a “hold” rating in a report on Sunday. Deutsche Bank Aktiengesellschaft lifted their price objective on Bank of America from $56.00 to $58.00 and gave the stock a “buy” rating in a research report on Tuesday, September 30th. Oppenheimer upped their target price on Bank of America from $55.00 to $63.00 and gave the company an “outperform” rating in a research report on Thursday, December 18th. Finally, Robert W. Baird raised their target price on Bank of America from $52.00 to $56.00 and gave the stock a “neutral” rating in a research note on Thursday, October 30th. Twenty-three analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $58.59.

Trending Headlines about Bank of America

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

• Positive Sentiment: Wall Street Zen upgraded BAC, a near‑term catalyst that can boost investor confidence and trigger buying from momentum‑sensitive funds. Bank of America (NYSE:BAC) Upgraded at Wall Street Zen
• Positive Sentiment: Analysts collectively maintain a favorable view — BAC received a consensus recommendation of “Moderate Buy,” supporting demand from income and large‑cap bank allocations. Bank of America Corporation (NYSE:BAC) Receives Consensus Recommendation of “Moderate Buy” from Analysts
• Positive Sentiment: Coverage pieces from The Motley Fool and Yahoo present BAC as a buy/hold into 2026, citing scale, diversified consumer and investment‑services growth and the bank’s ability to gain share if regional peers falter. Those narratives support medium‑term upside. Is Bank of America Stock a Buy, Sell, or Hold in 2026?
• Positive Sentiment: Price‑target and multi‑year forecasts from 24/7 Wall St. show bullish projections and note strong YTD gains, reinforcing positive investor expectations for 2026–2030. Bank of America (NYSE: BAC) Stock Price Prediction and Forecast 2026-2030 (January 2026)
• Positive Sentiment: Analysis on NII suggests the trough may be behind BAC, implying improving net interest margins ahead — a direct fundamental bullish catalyst for bank earnings. Bank of America: The NII Trough May Be A Turning Point
• Neutral Sentiment: Benzinga flags unusual options activity in BAC — could reflect directional bets by traders but is not definitive proof of a sustained move. Monitor open interest and strike concentration. Bank of America Unusual Options Activity
• Neutral Sentiment: Media pieces on fintech competition and Gen‑Z spending reference Bank of America in broader consumer trends; informative for long‑run retail strategy but not immediate profit drivers. Robinhood’s NFL Parlay Push Could Turn Prediction Markets Into a Real Revenue Engine (BAC) Gen Z spends hundreds a month on ‘treat culture’ — Bank of America says

Bank of America Stock Performance

Shares of BAC opened at $56.20 on Friday. Bank of America Corporation has a one year low of $33.06 and a one year high of $56.55. The company has a market cap of $410.36 billion, a PE ratio of 15.31 and a beta of 1.30. The stock has a 50-day moving average of $53.45 and a 200-day moving average of $50.26. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.79 and a quick ratio of 0.79.

Bank of America (NYSE:BAC) last announced its quarterly earnings results on Wednesday, October 15th. The financial services provider reported $1.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.13. Bank of America had a return on equity of 10.76% and a net margin of 15.70%.The business had revenue of $5.35 billion for the quarter, compared to analyst estimates of $27.05 billion. During the same quarter in the prior year, the company earned $0.81 earnings per share. The company’s quarterly revenue was up 10.8% on a year-over-year basis. On average, equities research analysts predict 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 was paid on Friday, December 26th. Investors of record on Friday, December 5th were given a $0.28 dividend. The ex-dividend date of this dividend was Friday, December 5th. This represents a $1.12 annualized dividend and a yield of 2.0%. Bank of America’s dividend payout ratio (DPR) is presently 30.52%.

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.