Bank of America Corporation $BAC Shares Sold by Moody National Bank Trust Division

Moody National Bank Trust Division lessened its holdings in Bank of America Corporation (NYSE:BAC) by 30.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 70,353 shares of the financial services provider’s stock after selling 30,989 shares during the quarter. Moody National Bank Trust Division’s holdings in Bank of America were worth $3,869,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in BAC. 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 purchasing an additional 25,143 shares in the last quarter. Sivia Capital Partners LLC increased its stake 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 worth $1,013,000 after acquiring an additional 6,174 shares during the last quarter. Maripau Wealth Management LLC acquired a new stake in shares of Bank of America during the 2nd quarter valued at about $244,000. CreativeOne Wealth LLC grew its position in Bank of America by 0.8% in the second quarter. CreativeOne Wealth LLC now owns 83,039 shares of the financial services provider’s stock worth $3,929,000 after acquiring an additional 626 shares in the last quarter. Finally, Aviso Financial Inc. lifted its position in shares of Bank of America by 0.7% in the second quarter. Aviso Financial Inc. now owns 44,736 shares of the financial services provider’s stock worth $2,117,000 after buying an additional 304 shares during the last quarter. 70.71% of the stock is owned by institutional investors.

Insider Activity

In other news, insider Bernard A. Mensah sold 94,000 shares of the business’s stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $46.94, for a total transaction of $4,412,360.00. Following the completion of the transaction, the insider owned 170,184 shares of the company’s stock, valued at approximately $7,988,436.96. The trade was a 35.58% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Thomas M. Scrivener sold 50,000 shares of the company’s stock in a transaction on 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 sale, the insider owned 227,973 shares of the company’s stock, valued at approximately $11,357,614.86. This represents a 17.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 227,832 shares of company stock worth $11,094,960. Insiders own 0.30% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on BAC. Barclays increased their target price on Bank of America from $59.00 to $71.00 and gave the company an “overweight” rating in a research note on Monday, January 5th. Royal Bank Of Canada increased their price objective on Bank of America from $56.00 to $59.00 and gave the company an “outperform” rating in a research report on Friday, December 12th. HSBC boosted their target price on shares of Bank of America from $55.00 to $57.00 and gave the stock a “hold” rating in a research report on Friday, February 6th. Argus upped their target price on shares of Bank of America from $58.00 to $59.00 and gave the company a “buy” rating in a research note on Thursday, January 15th. Finally, Daiwa Securities Group decreased their price target on shares of Bank of America from $66.00 to $62.00 and set a “buy” rating on the stock in a research report on Tuesday, January 27th. Twenty-one equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, Bank of America currently has a consensus rating of “Moderate Buy” and an average target price of $59.87.

Bank of America Price Performance

Bank of America stock opened at $48.10 on Wednesday. The firm has a market capitalization of $345.19 billion, a P/E ratio of 12.56, a PEG ratio of 1.16 and a beta of 1.28. Bank of America Corporation has a 1 year low of $33.06 and a 1 year high of $57.55. The business has a 50-day moving average of $51.31 and a 200-day moving average of $52.33. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 1.15.

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

Bank of America Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 6th will be given a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Friday, March 6th. Bank of America’s payout ratio is presently 29.24%.

Bank of America News Roundup

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

• Positive Sentiment: Shares are rallying relative to the broader market after recent coverage noted BAC outperformed peers as markets fell, suggesting relative resilience and investor interest. Bank of America (BAC) Ascends While Market Falls
• Positive Sentiment: Dividend-focused coverage highlights BAC as an attractive high-yield, large-cap bank pick for income investors — supports demand from yield-seeking buyers. Bank of America (BAC) is a Top Dividend Stock Right Now
• Positive Sentiment: Brand/CSR news: Bank of America joined U.S. Soccer’s “Soccer at Schools” initiative — positive for reputation and community engagement, which can help retail/consumer relationships over time. U.S. Soccer, Soccer Forward Foundation and Bank of America Launch ‘Soccer at Schools’
• Neutral Sentiment: Analyst preview: Industry pieces note analysts expect low double-digit EPS growth for BAC in the upcoming quarter — this sets expectations investors will watch at the next earnings release. What to Expect From Bank of America’s Next Quarterly Earnings Report
• Neutral Sentiment: Regulatory/filing update: BAC filed its 2025 Form 10‑K with the UK National Storage Mechanism — routine disclosure that removes uncertainty around filings but is not a near-term earnings driver. Bank of America Files 2025 Form 10-K
• Negative Sentiment: Goldman Sachs trimmed its price target on BAC (from $67 to $57) and issued a more cautious outlook — analyst cuts/target reductions can weigh on sentiment and limit near-term upside. Benzinga: Price Target Change
• Negative Sentiment: Industry risk: Coverage in the WSJ highlights strains in private credit that are creating exposures and new risks for big banks — raises questions on credit quality and potential mark/loan-loss pressure. Big Banks Are Playing Both Sides of the Private Credit Meltdown

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.