Seaview Investment Managers LLC Acquires New Stake in Bank of America Corporation $BAC

Seaview Investment Managers LLC bought a new position in Bank of America Corporation (NYSE:BAC) in the third quarter, Holdings Channel reports. The firm bought 155,065 shares of the financial services provider’s stock, valued at approximately $8,000,000. Bank of America makes up about 3.0% of Seaview Investment Managers LLC’s investment portfolio, making the stock its 19th largest position.

A number of other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC boosted 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 worth $4,785,000 after purchasing an additional 25,143 shares during the period. Sivia Capital Partners LLC raised its position in shares of Bank of America by 40.5% in 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 purchasing an additional 6,174 shares during the period. Meritage Portfolio Management purchased a new stake in shares of Bank of America during the 2nd quarter valued at approximately $211,000. Almanack Investment Partners LLC. boosted its holdings in Bank of America by 16.1% in the 2nd quarter. Almanack Investment Partners LLC. now owns 6,745 shares of the financial services provider’s stock worth $319,000 after buying an additional 936 shares during the period. Finally, MGO One Seven LLC grew its stake in Bank of America by 1.3% in the 2nd quarter. MGO One Seven LLC now owns 101,392 shares of the financial services provider’s stock valued at $4,798,000 after buying an additional 1,278 shares in the last quarter. Hedge funds and other institutional investors own 70.71% of the company’s stock.

Analyst Upgrades and Downgrades

BAC has been the topic of several recent research reports. Wells Fargo & Company increased their target price on Bank of America from $62.00 to $65.00 and gave the stock an “overweight” rating in a research report on Monday, January 5th. Argus increased their price objective on Bank of America from $58.00 to $59.00 and gave the stock a “buy” rating in a report on Thursday, January 15th. Keefe, Bruyette & Woods reduced their target price on Bank of America from $64.00 to $63.00 and set an “outperform” rating for the company in a report on Thursday, January 15th. Royal Bank Of Canada increased their price target on shares of Bank of America from $56.00 to $59.00 and gave the stock an “outperform” rating in a report on Friday, December 12th. Finally, Oppenheimer boosted their price objective 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. Twenty-two investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $60.30.

Bank of America Trading Down 1.8%

Shares of BAC opened at $55.40 on Wednesday. Bank of America Corporation has a 1-year low of $33.06 and a 1-year high of $57.55. The company has a market capitalization of $404.56 billion, a P/E ratio of 14.46, a P/E/G ratio of 1.38 and a beta of 1.29. 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’s 50 day simple moving average is $54.49 and its 200 day simple moving average is $51.97.

Bank of America (NYSE:BAC) last released its quarterly earnings results on Wednesday, January 14th. The financial services provider reported $0.98 EPS for the quarter, topping analysts’ consensus estimates of $0.96 by $0.02. The business had revenue of $4.53 billion during the quarter, compared to analysts’ expectations of $27.73 billion. Bank of America had a net margin of 16.23% and a return on equity of 11.07%. The business’s quarterly revenue was up 12.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.82 EPS. Sell-side analysts forecast 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 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 is Friday, March 6th. This represents a $1.12 dividend on an annualized basis and a yield of 2.0%. Bank of America’s dividend payout ratio (DPR) is presently 29.24%.

Key Headlines Impacting Bank of America

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

• Positive Sentiment: Bank of America said it will maintain its dividend amid strong quarterly results and a moderate outlook — supports income investors and signals confidence in capital levels. Bank of America (BAC) Maintains Dividend
• Positive Sentiment: Analysis notes BAC preferred shares offer interest-rate protection and income diversification; attractive to yield-seeking investors if rate volatility persists — can support the equity via demand for bank securities. Bank Of America Preferreds Offer Interest Rate Protection
• Positive Sentiment: Valuation note: BAC trades at a discount to industry price-to-tangible-book multiples, which can attract value buyers and provide a floor to the stock. BAC Trades at a Discount to Industry
• Neutral Sentiment: BAC presented at its own Financial Services Conference (transcript available) — useful for understanding management priorities and capital allocation but not an immediate catalyst unless new guidance was given. BAC Presents at Bank of America Financial Services Conference 2026 Transcript
• Neutral Sentiment: Firm PR on diversity/leadership (women advisors, Italian leadership narrative) may support ESG perception but is unlikely to move the stock materially in the short term. Bank Of America Highlights Women Advisors
• Negative Sentiment: BofA research has been outspoken on market risks: a harsh warning to the “Magnificent Seven” tech stocks could sap overall market sentiment and weigh on bank trading revenues and market-related fees. Bank of America sends harsh warning to Magnificent Seven stocks
• Negative Sentiment: BofA commodities head Francisco Blanch warns of a ~2M bpd oil surplus this year — weaker energy prices could hurt energy-sector activity and loan demand in some regions and damp overall market risk appetite. Oil Market Faces 2 Million Barrel-per-Day Surplus
• Negative Sentiment: Macro labor datapoints cited by BofA economists (sluggish job growth despite strong GDP) raise uncertainty about the Fed path and loan growth; mixed/weak hiring could pressure net interest income expectations over time. The economy is booming. So why is the job market lagging?
• Neutral Sentiment: BofA’s commodities team also lifted long-term oil forecasts (Brent $60–$80 to 2031), a longer-horizon view that may conflict with near-term surplus commentary and have limited immediate impact on BAC. The World Is Still Hungry For Crude — Bank of America Lifts Oil Price Forecasts

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.