Investment Research Partners LLC Takes $686,000 Position in Bank of America Corporation $BAC

Investment Research Partners LLC bought a new position in Bank of America Corporation (NYSE:BAC) during the 3rd quarter, Holdings Channel reports. The firm bought 13,049 shares of the financial services provider’s stock, valued at approximately $686,000.

A number of other large investors have also bought and sold shares of BAC. Capital World Investors raised its position in Bank of America by 11.0% in the 3rd quarter. Capital World Investors now owns 144,371,118 shares of the financial services provider’s stock valued at $7,448,816,000 after purchasing an additional 14,275,810 shares during the last quarter. Norges Bank bought a new stake in shares of Bank of America during the second quarter worth $5,091,641,000. Fisher Asset Management LLC increased its stake in shares of Bank of America by 2.5% in the third quarter. Fisher Asset Management LLC now owns 52,677,988 shares of the financial services provider’s stock valued at $2,717,657,000 after buying an additional 1,272,315 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Bank of America by 640.5% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 46,516,728 shares of the financial services provider’s stock valued at $2,399,798,000 after buying an additional 40,235,201 shares in the last quarter. Finally, Legal & General Group Plc raised its holdings in shares of Bank of America by 3.4% in the third quarter. Legal & General Group Plc now owns 43,924,104 shares of the financial services provider’s stock valued at $2,266,045,000 after buying an additional 1,458,551 shares during the last quarter. 70.71% of the stock is currently owned by institutional investors.

Trending Headlines about Bank of America

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

• Positive Sentiment: Bank of America raised its hyperscaler debt forecast — more large tech bond issuance (e.g., Amazon’s $54B deal) could lift investment‑banking and markets fees. BofA Lifts Hyperscaler Debt Forecast
• Positive Sentiment: BofA updated oil/energy views after a supply shock — the bank now expects higher Brent prices for 2026, which can boost corporate activity and trading revenue tied to energy clients. Oil shock lifts BofA outlook on US energy
• Positive Sentiment: Digital experience strength — Keynova’s Q1 mobile scorecard ties Bank of America for the No.1 mobile app, supporting its consumer franchise and deposit retention. Banks Strengthen Mobile Account Opening
• Positive Sentiment: Management outreach: BAC presented at the RBC conference emphasizing strategic priorities and a constructive outlook — useful for investors assessing guidance and capital deployment. BAC Presents at RBC Conference
• Neutral Sentiment: BofA research remains bullish on Nvidia and is recommending buying NVDA on dips — positive for BofA’s research reputation and potential trading flows but not a direct driver of BAC operating results. BofA Still Loves Nvidia
• Neutral Sentiment: BofA flagged opportunities amid private‑credit turmoil (Ares saw gains after the note) — the commentary highlights both risk monitoring and potential asset‑management opportunities. Ares Stock Pops
• Neutral Sentiment: BofA disclosed voting‑stake movement in Galapagos (fell below 5%) — a regulatory/holding update with limited direct impact on BAC’s core business. Galapagos Discloses BofA Stake Drop
• Negative Sentiment: Sector weakness: multiple outlets note bank stocks (including BAC) sliding as private‑credit worries act as a canary for broader credit stress — this is a direct driver of today’s share weakness. Bank Stocks Are the Canary
• Negative Sentiment: Epstein settlement focus raises governance and valuation scrutiny — any legal/settlement headlines increase investor caution around reputational and governance risks. Epstein Settlement Puts BofA Valuation And Governance In Focus
• Negative Sentiment: Executive movement: Elavon named a new CEO who was recruited from Bank of America — the departure of a payments/merchant‑services leader is a small negative for continuity in that business line. Elavon Picks BofA Vet Wally Mlynarski

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on BAC shares. Morgan Stanley decreased their price objective on shares of Bank of America from $68.00 to $64.00 and set an “overweight” rating on the stock in a report on Thursday, January 15th. Erste Group Bank downgraded shares of Bank of America from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 4th. Evercore set a $59.00 target price on shares of Bank of America in a research report on Thursday, January 15th. Keefe, Bruyette & Woods decreased their price target on shares of Bank of America from $64.00 to $63.00 and set an “outperform” rating on the stock in a research note on Thursday, January 15th. Finally, Daiwa Securities Group lowered their price target on shares of Bank of America from $66.00 to $62.00 and set a “buy” rating for the company in a report on Tuesday, January 27th. Twenty-one investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, Bank of America currently has an average rating of “Moderate Buy” and a consensus target price of $60.30.

Bank of America Price Performance

Shares of BAC stock opened at $46.79 on Thursday. The firm has a market cap of $335.78 billion, a price-to-earnings ratio of 12.22, a PEG ratio of 1.15 and a beta of 1.28. Bank of America Corporation has a 12 month low of $33.06 and a 12 month high of $57.55. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 1.15. The stock has a 50-day moving average price of $51.95 and a 200 day moving average price of $52.40.

Bank of America (NYSE:BAC) last released its earnings results on Wednesday, January 14th. The financial services provider reported $0.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.96 by $0.02. Bank of America had a net margin of 16.23% and a return on equity of 11.07%. The company had revenue of $4.53 billion for the quarter, compared to the consensus estimate of $27.73 billion. During the same period in the prior year, the company posted $0.82 EPS. The company’s revenue was up 12.3% compared to the same quarter last year. Research analysts expect that Bank of America Corporation will post 3.7 EPS for the current year.

Bank of America Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Friday, March 6th will be issued a $0.28 dividend. This represents a $1.12 annualized dividend and a yield of 2.4%. The ex-dividend date is Friday, March 6th. Bank of America’s dividend payout ratio is currently 29.24%.

Insider Buying and Selling at Bank of America

In other Bank of America news, insider Bernard A. Mensah sold 94,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $46.94, for a total value of $4,412,360.00. Following the transaction, the insider directly owned 170,184 shares of the company’s stock, valued at approximately $7,988,436.96. This trade represents a 35.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider James P. Demare sold 83,832 shares of the company’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $50.00, for a total transaction of $4,191,600.00. Following the sale, the insider owned 307,240 shares of the company’s stock, valued at $15,362,000. The trade was a 21.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 227,832 shares of company stock valued at $11,094,960. 0.30% of the stock is currently owned by insiders.

Bank of America Company 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.