41,329 Shares in Bank of America Corporation $BAC Bought by Oak Thistle LLC

Oak Thistle LLC purchased a new position in Bank of America Corporation (NYSE:BAC) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 41,329 shares of the financial services provider’s stock, valued at approximately $2,273,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Brighton Jones LLC lifted its position in 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 valued at $4,785,000 after buying an additional 25,143 shares during the period. Sivia Capital Partners LLC lifted its position in 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 buying an additional 6,174 shares during the period. Jump Financial LLC lifted its position in Bank of America by 38.4% during the second quarter. Jump Financial LLC now owns 65,677 shares of the financial services provider’s stock valued at $3,108,000 after buying an additional 18,227 shares during the period. Baker Avenue Asset Management LP lifted its position in Bank of America by 4.2% during the second quarter. Baker Avenue Asset Management LP now owns 66,793 shares of the financial services provider’s stock valued at $3,161,000 after buying an additional 2,671 shares during the period. Finally, WINTON GROUP Ltd lifted its position in Bank of America by 367.5% during the second quarter. WINTON GROUP Ltd now owns 67,337 shares of the financial services provider’s stock valued at $3,186,000 after buying an additional 52,933 shares during the period. Hedge funds and other institutional investors own 70.71% of the company’s stock.

Insider Transactions at Bank of America

In other news, insider James P. Demare sold 83,832 shares of Bank of America stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $50.00, for a total value of $4,191,600.00. Following the completion of the transaction, the insider owned 307,240 shares of the company’s stock, valued at $15,362,000. The trade was a 21.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Thomas M. Scrivener sold 50,000 shares of Bank of America stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $49.82, for a total value of $2,491,000.00. Following the completion of the transaction, the insider directly owned 227,973 shares of the company’s stock, valued at approximately $11,357,614.86. This represents a 17.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 227,832 shares of company stock valued at $11,094,960 in the last quarter. 0.27% of the stock is owned by insiders.

More Bank of America News

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

• Positive Sentiment: Goldman Sachs raised its price target to $58 and kept a buy view, supporting upside thesis from an influential sell‑side shop. Goldman Sachs raises PT to $58
• Positive Sentiment: Evercore ISI reiterated a buy/on positive stance (separate note also trimmed its PT — see negatives) — continued institutional buy ratings give credibility to longer‑term upside. Evercore ISI sticks to buy
• Positive Sentiment: Operational/consumer wins: Bank of America was named the No.1 nonprofit OCIO provider (PR) and expanded card partnerships via a Royal Caribbean tri‑branded Visa program — both support fee income and card spend over time. BofA named No.1 nonprofit OCIO provider Royal Caribbean tri‑branded cards with BofA
• Neutral Sentiment: Analysts and commentators expect broadly in‑line to slightly better Q1 results across major US banks, per BofA research — supportive for relative performance but leaves stock sensitive to actual Q1 prints. US banks set to deliver solid Q1 results (BofA research)
• Neutral Sentiment: Company/market commentary and previews (Seeking Alpha, Zacks) highlight BAC’s long‑term case but note near‑term sensitivity to rates and whether earnings can stabilize — a watch‑and‑wait backdrop into earnings. Earnings: pivotal report for 2026 expectations
• Negative Sentiment: Several sell‑side firms trimmed price targets recently (JPMorgan to $57.50, Daiwa to $58, Evercore to $55, Autonomous to $54, Truist to $57) or moved to more conservative stances — these cuts signal valuation concerns and cap near‑term upside. JPMorgan trims PT to $57.50
• Negative Sentiment: Macro/earnings sensitivity: analysts highlight that the rate tailwind that boosted NII is fading — if net interest income growth slows, earnings could disappoint versus current expectations. More priced in than left to price (Seeking Alpha)
• Negative Sentiment: Standalone bearish/neutral research headlines (Autonomous, Evercore pessimistic forecasts in summary feeds) amplify cautious sentiment and likely weigh on short‑term momentum. Autonomous issues pessimistic forecast Evercore issues pessimistic forecast

Bank of America Price Performance

BAC opened at $50.26 on Wednesday. The stock has a 50-day moving average price of $50.61 and a 200-day moving average price of $52.19. 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 cap of $359.15 billion, a PE ratio of 13.12, a P/E/G ratio of 1.20 and a beta of 1.23. Bank of America Corporation has a 1 year low of $33.06 and a 1 year high of $57.55.

Bank of America (NYSE:BAC) last posted its quarterly earnings results on Wednesday, January 14th. The financial services provider reported $0.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.96 by $0.02. The firm had revenue of $4.53 billion during 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%.Bank of America’s quarterly revenue was up 12.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.82 EPS. Sell-side analysts predict that Bank of America Corporation will post 3.7 earnings per share for the current fiscal year.

Bank of America Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Friday, March 6th were given a $0.28 dividend. This represents a $1.12 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend was Friday, March 6th. Bank of America’s payout ratio is currently 29.24%.

Wall Street Analysts Forecast Growth

BAC has been the subject of several recent research reports. Oppenheimer lowered their price objective on Bank of America from $63.00 to $58.00 and set an “outperform” rating for the company in a research report on Friday, March 27th. Erste Group Bank lowered Bank of America from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 4th. Wolfe Research lowered Bank of America from an “outperform” rating to a “peer perform” rating in a research report on Wednesday, January 7th. Keefe, Bruyette & Woods lowered their price objective on Bank of America from $64.00 to $63.00 and set an “outperform” rating for the company in a research note on Thursday, January 15th. Finally, Wall Street Zen upgraded Bank of America from a “sell” rating to a “hold” rating in a research note on Saturday, February 14th. Twenty-three equities research 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, the company presently has an average rating of “Moderate Buy” and an average price target of $58.90.

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.