Caprock Group LLC Makes New Investment in Bank of America Corporation $BAC

Caprock Group LLC purchased a new stake in Bank of America Corporation (NYSE:BAC) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 194,750 shares of the financial services provider’s stock, valued at approximately $9,882,000.

Several other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC increased its stake in Bank of America by 30.0% in the 4th 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. Sivia Capital Partners LLC boosted its position in shares of Bank of America by 40.5% during the 2nd 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 last quarter. Meritage Portfolio Management purchased a new position in shares of Bank of America during the second quarter worth about $211,000. Almanack Investment Partners LLC. increased its position in shares of Bank of America by 16.1% in the second quarter. Almanack Investment Partners LLC. now owns 6,745 shares of the financial services provider’s stock worth $319,000 after purchasing an additional 936 shares during the last quarter. Finally, MGO One Seven LLC raised its stake in Bank of America by 1.3% in the second quarter. MGO One Seven LLC now owns 101,392 shares of the financial services provider’s stock valued at $4,798,000 after purchasing an additional 1,278 shares in the last quarter. Institutional investors own 70.71% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on BAC shares. Wells Fargo & Company boosted their price target on shares of Bank of America from $62.00 to $65.00 and gave the stock an “overweight” rating in a research note on Monday, January 5th. Ameriprise Financial raised Bank of America to a “buy” rating in a research note on Wednesday, October 22nd. Dbs Bank upgraded Bank of America to a “moderate buy” rating in a report on Wednesday, October 22nd. Robert W. Baird raised their price objective on Bank of America from $52.00 to $56.00 and gave the company a “neutral” rating in a report on Thursday, October 30th. Finally, Morgan Stanley dropped their target price on Bank of America from $68.00 to $64.00 and set an “overweight” rating for the company in a research report on Thursday, January 15th. Twenty-two equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $60.30.

Key Headlines Impacting Bank of America

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

• Positive Sentiment: Management kept the dividend steady and highlighted strong quarterly results (beat on EPS, rising revenue and multi‑year highs in net interest income), which supports shareholder income and indicates earnings resilience. Bank of America (BAC) Maintains Dividend Amid Strong Earnings and Moderate Outlook
• Positive Sentiment: At least one street analyst raised BAC’s price target to $57, a near‑term upward revision that can support buying interest given the stock’s valuation gap versus peers. Bank of America (NYSE:BAC) Price Target Raised to $57.00
• Positive Sentiment: Investor note on BAC preferred shares highlights their use as interest‑rate exposure tools; combined with BofA’s elevated net interest margin and income, this underpins the bank’s earnings outlook and income‑oriented demand. Bank Of America Preferreds Offer Interest Rate Protection
• Positive Sentiment: Valuation commentary: BAC is trading below industry P/TB multiples, which bulls cite as a reason to add exposure if fundamentals hold. BAC Trades at a Discount to Industry: Right Time to Buy the Stock?
• Neutral Sentiment: BAC’s presentation at its Financial Services Conference was posted — useful for longer‑term strategy and capital deployment clues, but no single headline here appears immediately market‑moving. Bank of America Corporation (BAC) Presents at Bank of America Financial Services Conference 2026 Transcript
• Neutral Sentiment: Research published by BofA (e.g., higher oil forecasts) and analyst actions on non‑BAC names reflect the firm’s macro/research flow but do not directly change BAC’s fundamentals. The World Is Still Hungry For Crude — Bank of America Lifts Oil Price Forecasts Through 2031
• Negative Sentiment: BofA research flagged a material risk to bond demand from slowing rebalancing flows — a macro concern that can pressure fixed‑income markets and bank valuations (discount rates, trading revenue, and funding dynamics). That macro risk likely weighed on sentiment today. Bank of America flags a really big risk to bonds — the stock market

Bank of America Trading Down 1.8%

Shares of BAC stock opened at $55.40 on Wednesday. The business has a 50-day moving average of $54.49 and a 200 day moving average of $51.97. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.80 and a quick ratio of 0.80. Bank of America Corporation has a 1-year low of $33.06 and a 1-year high of $57.55. The stock has a market capitalization of $404.56 billion, a PE ratio of 14.46, a P/E/G ratio of 1.38 and a beta of 1.29.

Bank of America (NYSE:BAC) last announced its quarterly earnings data on Wednesday, January 14th. The financial services provider reported $0.98 earnings per share for the quarter, beating the consensus estimate of $0.96 by $0.02. The firm had revenue of $4.53 billion during the quarter, compared to the consensus estimate of $27.73 billion. Bank of America had a return on equity of 11.07% and a net margin of 16.23%.The business’s revenue was up 12.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.82 earnings per share. As a group, sell-side analysts anticipate that Bank of America Corporation will post 3.7 earnings per share for the current year.

Bank of America Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Friday, March 6th will be given a dividend of $0.28 per share. The ex-dividend date of this dividend is Friday, March 6th. This represents a $1.12 annualized dividend and a yield of 2.0%. Bank of America’s dividend payout ratio is presently 29.24%.

About Bank of America

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.