12,806 Shares in Bank of America Corporation $BAC Acquired by O Dell Group LLC

O Dell Group LLC bought a new stake in Bank of America Corporation (NYSE:BAC) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 12,806 shares of the financial services provider’s stock, valued at approximately $661,000.

Other hedge funds have also bought and sold shares of the company. Brighton Jones LLC raised its position in shares of Bank of America by 30.0% during the 4th 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 in the last quarter. Apella Capital LLC increased its stake in Bank of America by 4.3% in the second quarter. Apella Capital LLC now owns 13,008 shares of the financial services provider’s stock valued at $633,000 after acquiring an additional 536 shares during the last quarter. Everpar Advisors LLC raised its position in Bank of America by 10.1% during the second quarter. Everpar Advisors LLC now owns 17,204 shares of the financial services provider’s stock valued at $814,000 after purchasing an additional 1,584 shares in the last quarter. Strategic Advocates LLC lifted its stake in Bank of America by 8.0% during the second quarter. Strategic Advocates LLC now owns 9,423 shares of the financial services provider’s stock worth $446,000 after purchasing an additional 700 shares during the last quarter. Finally, Range Financial Group LLC boosted its holdings in shares of Bank of America by 4.2% in the 2nd quarter. Range Financial Group LLC now owns 9,521 shares of the financial services provider’s stock worth $451,000 after purchasing an additional 385 shares in the last quarter. 70.71% of the stock is currently owned by institutional investors.

Bank of America Stock Performance

NYSE:BAC opened at $54.47 on Wednesday. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.79 and a current ratio of 0.79. Bank of America Corporation has a fifty-two week low of $33.06 and a fifty-two week high of $57.55. The firm has a market cap of $397.80 billion, a PE ratio of 14.84 and a beta of 1.29. The business has a 50 day moving average price of $54.19 and a 200-day moving average price of $51.14.

Bank of America (NYSE:BAC) last posted its quarterly earnings results on Wednesday, January 14th. The financial services provider reported $0.98 EPS for the quarter, beating analysts’ consensus estimates of $0.96 by $0.02. The company had revenue of $28.53 billion during the quarter, compared to analyst estimates of $27.73 billion. Bank of America had a net margin of 15.70% and a return on equity of 10.76%. Equities research analysts predict that Bank of America Corporation will post 3.7 earnings per share for the current year.

Bank of America Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Friday, December 5th were issued a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date was Friday, December 5th. Bank of America’s dividend payout ratio is currently 30.52%.

Bank of America News Roundup

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

• Positive Sentiment: Strong quarter — BAC beat EPS and revenue expectations, delivering a tidy profit beat and better-than-expected top-line. Investors view the print as confirmation of stable core performance across trading, NII and fee businesses. View Press Release
• Positive Sentiment: Company release and slides available — Management provided a slide deck and PR release with results that give investors timely detail on drivers and trends (useful for assessing sustainability of revenue/expense mix). View Slide Deck
• Positive Sentiment: Short interest fell sharply in December — reported short interest dropped ~21% to ~90.6M shares at 12/31, reducing potential near-term downside from short-covering dynamics and suggesting less bearish positioning. (Market data)
• Neutral Sentiment: Analyst and market prep priced in a close call — consensus expectations were near BAC’s print (LSEG/CNBC previews), and commentators (Zacks, Jim Cramer) expected another steady quarter; this limits surprise-driven volatility. Earnings Preview
• Neutral Sentiment: BofA research notes broader market opportunities — the firm’s macro/research calls (e.g., AI-related bond market potential) support sector narratives but are not direct drivers of BAC’s near-term P&L. AI Bond Sales Note
• Negative Sentiment: Regulatory/policy risk from proposed credit-card rate cap — President Trump’s suggested 10% cap on credit-card interest and subsequent industry pushback have pressured bank stocks and could meaningfully hit card revenue/consumer credit availability if enacted or if the policy debate intensifies. Banks Warn on 10% Cap

Analysts Set New Price Targets

A number of equities analysts recently weighed in on BAC shares. Phillip Securities raised their price objective on Bank of America from $50.00 to $56.00 in a report on Tuesday, October 21st. Argus increased their price target on shares of Bank of America from $53.00 to $58.00 in a research report on Friday, October 17th. Weiss Ratings reissued a “buy (b)” rating on shares of Bank of America in a research note on Thursday, October 30th. The Goldman Sachs Group upped their price objective on shares of Bank of America from $58.00 to $64.00 and gave the company a “buy” rating in a research note on Tuesday, January 6th. Finally, Royal Bank Of Canada increased their target price on shares of Bank of America from $56.00 to $59.00 and gave the company an “outperform” rating in a report on Friday, December 12th. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $59.91.

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.