Vanguard Group Inc. Cuts Position in Bank of America Corporation $BAC

Vanguard Group Inc. lowered its holdings in shares of Bank of America Corporation (NYSE:BAC) by 1.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 627,725,642 shares of the financial services provider’s stock after selling 11,422,851 shares during the quarter. Bank of America makes up 0.5% of Vanguard Group Inc.’s holdings, making the stock its 25th largest position. Vanguard Group Inc. owned about 0.09% of Bank of America worth $32,384,366,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of BAC. Capital Planning Advisors LLC increased its position in shares of Bank of America by 156.1% in the third quarter. Capital Planning Advisors LLC now owns 54,697 shares of the financial services provider’s stock valued at $2,822,000 after buying an additional 33,337 shares in the last quarter. Northwestern Mutual Investment Management Company LLC grew its stake in Bank of America by 3.9% in the 3rd quarter. Northwestern Mutual Investment Management Company LLC now owns 217,187 shares of the financial services provider’s stock valued at $11,205,000 after acquiring an additional 8,148 shares during the period. Smithfield Trust Co grew its stake in Bank of America by 3.9% in the 3rd quarter. Smithfield Trust Co now owns 38,384 shares of the financial services provider’s stock valued at $1,983,000 after acquiring an additional 1,437 shares during the period. Pallas Capital Advisors LLC increased its holdings in Bank of America by 2.2% in the 3rd quarter. Pallas Capital Advisors LLC now owns 202,987 shares of the financial services provider’s stock worth $10,472,000 after acquiring an additional 4,369 shares in the last quarter. Finally, Addison Advisors LLC raised its position in Bank of America by 13.3% during the third quarter. Addison Advisors LLC now owns 19,672 shares of the financial services provider’s stock worth $1,015,000 after acquiring an additional 2,315 shares during the period. 70.71% of the stock is owned by institutional investors and hedge funds.

Bank of America News Summary

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

• Positive Sentiment: JPMorgan and other analysts remain constructive — JPMorgan slightly raised its price target to $61.50 and kept an Overweight rating, signaling analyst conviction and upside relative to the current price. Why Analysts Are Closely Watching Bank of America Corporation (BAC)
• Positive Sentiment: Community development lending: BofA’s Community Development Banking funded $7.4B in 2025 to create 11,000+ affordable housing units — a positive for franchise strength, fee income and ESG credentials. BofA Community Development Banking Delivers $7.4 Billion…
• Neutral Sentiment: Macro/market signal — BofA research and coverage note U.S. Treasuries (especially 30‑year) as the best hedge if the Fed is done cutting, a view that shifts flows toward long-duration assets and can influence bank trading and investment portfolios. This is market commentary rather than a direct company operational change. Bank of America (BAC) Says U.S. Treasuries Are the Best ‘Safe Haven’
• Neutral Sentiment: Stock momentum since earnings has been muted — coverage notes the share price changed little in the month after BofA’s January quarter beat, suggesting investors are weighing earnings versus macro and regulatory headlines. Why Is Bank of America (BAC) Down 0.1% Since Last Earnings Report?
• Negative Sentiment: Regulatory risk rising — U.S. regulators appear closer to proposing new “Basel endgame” rules that could tighten how large banks measure risk and potentially raise capital requirements, which would pressure returns on equity and capital allocation. US bank regulators move closer to proposing new ‘Basel’ rules for large banks
• Negative Sentiment: Legal/compliance spotlight — a recent ruling in the Jeffrey Epstein-related trial has refocused attention on BofA’s compliance controls and potential reputational/legal risk, which could add uncertainty to costs or capital planning. Epstein Trial Ruling Puts Bank Of America Compliance And Returns In Focus
• Negative Sentiment: Big‑holder movement risk — reports suggest Berkshire Hathaway may have trimmed (or could have trimmed) Bank of America holdings in the quarter; large stake changes can create headline-driven volatility even if the long‑term thesis remains intact. Berkshire Might Have Sold More Apple, Bank of America Stock in Fourth Quarter

Bank of America Price Performance

BAC stock opened at $52.53 on Monday. Bank of America Corporation has a 1 year low of $33.06 and a 1 year high of $57.55. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.80 and a quick ratio of 0.80. The firm has a market capitalization of $383.59 billion, a PE ratio of 13.72, a price-to-earnings-growth ratio of 1.28 and a beta of 1.29. The business has a 50 day simple moving average of $54.43 and a 200-day simple moving average of $52.07.

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 for the quarter, topping analysts’ consensus estimates of $0.96 by $0.02. The company had revenue of $4.53 billion for the quarter, compared to analyst estimates of $27.73 billion. Bank of America had a return on equity of 11.07% and a net margin of 16.23%.The firm’s revenue for the quarter was up 12.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.82 earnings per share. Equities research analysts anticipate that Bank of America Corporation will post 3.7 earnings per share for the current fiscal year.

Bank of America Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Friday, March 6th will be issued a $0.28 dividend. The ex-dividend date of this dividend is Friday, March 6th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.1%. Bank of America’s dividend payout ratio is currently 29.24%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on BAC. Dbs Bank upgraded shares of Bank of America to a “moderate buy” rating in a research report on Wednesday, October 22nd. Morgan Stanley decreased their price target on shares of 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. Ameriprise Financial upgraded Bank of America to a “buy” rating in a report on Wednesday, October 22nd. Phillip Securities increased their target price on Bank of America from $50.00 to $56.00 in a report on Tuesday, October 21st. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Bank of America in a research report on Tuesday, January 27th. Twenty-two equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $60.30.

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.