Xponance Inc. Sells 29,925 Shares of Bank of America Corporation $BAC

Xponance Inc. reduced its position in Bank of America Corporation (NYSE:BAC) by 2.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,059,357 shares of the financial services provider’s stock after selling 29,925 shares during the quarter. Bank of America makes up about 0.4% of Xponance Inc.’s investment portfolio, making the stock its 25th largest holding. Xponance Inc.’s holdings in Bank of America were worth $54,652,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BAC. Quaker Wealth Management LLC raised its position in shares of Bank of America by 246.5% during the 2nd quarter. Quaker Wealth Management LLC now owns 523 shares of the financial services provider’s stock valued at $25,000 after buying an additional 880 shares in the last quarter. Steph & Co. boosted its holdings in shares of Bank of America by 224.3% in the 3rd quarter. Steph & Co. now owns 548 shares of the financial services provider’s stock worth $28,000 after purchasing an additional 379 shares during the period. Marquette Asset Management LLC bought a new position in shares of Bank of America during the 3rd quarter valued at approximately $30,000. Collier Financial purchased a new stake in Bank of America during the 3rd quarter valued at $30,000. Finally, Mountain Hill Investment Partners Corp. bought a new stake in Bank of America in the third quarter worth $31,000. Institutional investors own 70.71% of the company’s stock.

Trending Headlines about Bank of America

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

• Positive Sentiment: High institutional and analyst interest — multiple articles note heavy hedge-fund and analyst bullishness on BAC (15 of 19 analysts with Buy/Outperform coverage), which supports demand for the shares and institutional flows. Here is Why Bank of America Corporation (BAC) is Highly Favored By Hedge Funds
• Positive Sentiment: Short-term momentum/relative performance — coverage noting that BAC has outpaced broad market gains helps explain intraday buying and reinforces momentum traders’ interest. Bank of America (BAC) Outpaces Stock Market Gains: What You Should Know
• Positive Sentiment: Corporate citizenship and franchise-strength signaling — Bank of America announced nearly $40M invested in U.S. workforce skills (2025 programs), a reputational and relationship-building move that supports long-term deposit/fee growth and investor perception. BofA Invests Nearly $40 Million into American Workforce Skills in 2025
• Neutral Sentiment: Valuation and performance review — a write-up assessing BAC’s pricing versus excess returns and P/E signals highlights mixed near-term signals (small recent pullback) but solid multi-year gains; useful context for investors weighing value vs. momentum. Is Bank of America (BAC) Pricing Reflect Its Excess Returns And P/E Valuation Signals
• Neutral Sentiment: Regulatory/filing housekeeping — BAC filed its latest Form 10‑K with the U.K. National Storage Mechanism; standard disclosure compliance that’s neutral for stock direction but relevant for modelers and institutional holders. Bank of America Files Latest Form 10-K with U.K. National Storage Mechanism
• Neutral Sentiment: Relative bank-comparison pieces — analyst commentary comparing BAC vs. Wells Fargo on earnings growth, investment banking momentum and valuation may drive relative flows among bank ETFs and sector rotation trades. Bank of America or Wells Fargo: Which Big Bank Offers More Upside?

Wall Street Analysts Forecast Growth

BAC has been the subject of several research analyst reports. Robert W. Baird lifted their target price on Bank of America from $52.00 to $56.00 and gave the stock a “neutral” rating in a research report on Thursday, October 30th. Truist Financial lowered their price objective on shares of Bank of America from $62.00 to $60.00 and set a “buy” rating for the company in a research report on Thursday, January 15th. Barclays raised their target price on shares of Bank of America from $59.00 to $71.00 and gave the stock an “overweight” rating in a research report on Monday, January 5th. HSBC boosted their price target on Bank of America from $55.00 to $57.00 and gave the company a “hold” rating in a report on Friday, February 6th. Finally, The Goldman Sachs Group lifted their target price on Bank of America from $65.00 to $67.00 and gave the company a “buy” rating in a research report on Monday, January 26th. Twenty-two analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, Bank of America currently has a consensus rating of “Moderate Buy” and a consensus target price of $60.30.

Bank of America Stock Performance

Shares of NYSE BAC opened at $52.28 on Friday. Bank of America Corporation has a 1 year low of $33.06 and a 1 year high of $57.55. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.80 and a current ratio of 0.80. The company’s fifty day moving average price is $54.02 and its 200 day moving average price is $52.38. The company has a market capitalization of $381.77 billion, a PE ratio of 13.65, a price-to-earnings-growth ratio of 1.26 and a beta of 1.29.

Bank of America (NYSE:BAC) last issued its quarterly earnings results 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 firm had revenue of $4.53 billion for the quarter, compared to analyst estimates of $27.73 billion. During the same period in the previous year, the company posted $0.82 earnings per share. The business’s revenue was up 12.3% on a year-over-year basis. On average, 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 disclosed a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Friday, March 6th will be issued 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 dividend yield of 2.1%. Bank of America’s dividend payout ratio (DPR) is presently 29.24%.

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.