17,343 Shares in Bank of America Corporation $BAC Bought by Themes Management Co LLC

Themes Management Co LLC bought a new position in shares of Bank of America Corporation (NYSE:BAC) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 17,343 shares of the financial services provider’s stock, valued at approximately $954,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Wiser Advisor Group LLC acquired a new position in shares of Bank of America in the third quarter valued at $27,000. Legacy Bridge LLC increased its holdings in shares of Bank of America by 182.3% in the fourth quarter. Legacy Bridge LLC now owns 511 shares of the financial services provider’s stock valued at $28,000 after purchasing an additional 330 shares during the last quarter. Collier Financial acquired a new position in shares of Bank of America in the third quarter valued at $30,000. Joseph Group Capital Management acquired a new position in shares of Bank of America in the fourth quarter valued at $32,000. Finally, HFM Investment Advisors LLC increased its holdings in shares of Bank of America by 566.0% in the fourth quarter. HFM Investment Advisors LLC now owns 626 shares of the financial services provider’s stock valued at $34,000 after purchasing an additional 532 shares during the last quarter. 70.71% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Autonomous Res decreased their price objective on shares of Bank of America from $62.00 to $54.00 and set a “neutral” rating on the stock in a report on Monday, April 6th. UBS Group upped their price objective on shares of Bank of America from $62.00 to $63.00 in a report on Wednesday, May 6th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $59.00 price objective on shares of Bank of America in a report on Thursday, April 16th. JPMorgan Chase & Co. decreased their price objective on shares of Bank of America from $61.50 to $57.50 and set an “overweight” rating on the stock in a report on Tuesday, April 7th. Finally, Erste Group Bank downgraded shares of Bank of America from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 4th. Twenty-two equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $61.06.

Bank of America Trading Up 0.0%

BAC stock opened at $51.81 on Tuesday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.81 and a current ratio of 0.81. The company’s 50-day simple moving average is $50.75 and its 200 day simple moving average is $52.36. Bank of America Corporation has a 52 week low of $42.35 and a 52 week high of $57.55. The company has a market capitalization of $367.64 billion, a PE ratio of 12.82, a price-to-earnings-growth ratio of 0.88 and a beta of 1.21.

Bank of America (NYSE:BAC) last posted its quarterly earnings data on Wednesday, April 15th. The financial services provider reported $1.11 earnings per share for the quarter, topping the consensus estimate of $1.00 by $0.11. Bank of America had a net margin of 16.78% and a return on equity of 11.49%. The business had revenue of $30.27 billion during the quarter, compared to analysts’ expectations of $29.72 billion. During the same quarter in the prior year, the business posted $0.90 earnings per share. Bank of America’s revenue was up 10.7% compared to the same quarter last year. As a group, sell-side analysts anticipate that Bank of America Corporation will post 4.46 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, June 26th. Investors of record on Friday, June 5th will be given a dividend of $0.28 per share. The ex-dividend date of this dividend is Friday, June 5th. This represents a $1.12 annualized dividend and a yield of 2.2%. Bank of America’s dividend payout ratio is currently 27.72%.

Insider Activity

In related news, insider Thomas M. Scrivener sold 50,000 shares of the company’s stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $49.82, for a total transaction of $2,491,000.00. Following the completion of the sale, the insider owned 227,973 shares of the company’s stock, valued at $11,357,614.86. This represents a 17.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Geoffrey S. Greener sold 126,756 shares of the company’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $53.01, for a total transaction of $6,719,335.56. Following the sale, the insider directly owned 1,373,397 shares of the company’s stock, valued at $72,803,774.97. This represents a 8.45% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 354,588 shares of company stock worth $17,814,296. 0.27% of the stock is owned by company insiders.

Key Bank of America News

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

• Positive Sentiment: Brokerage coverage continues to rate Bank of America as a “Moderate Buy,” suggesting analysts broadly remain constructive on BAC. Bank of America Corporation (NYSE:BAC) Receives Consensus Recommendation of “Moderate Buy” from Brokerages
• Positive Sentiment: Recent commentary says Bank of America has become a digital leader, which could support long-term efficiency, customer growth, and fee income for BAC. Bank of America (BAC) Has Become a Digital Leader. I’m Still Cautious on the Stock
• Neutral Sentiment: Market commentary tied to Bank of America’s contrarian market views and broader risk signals may keep investors cautious, but it is more about macro sentiment than a direct BAC-specific catalyst. Bank of America Issues Rare Contrarian Sell Warning as AI Stock Concentration Soars
• Neutral Sentiment: Other articles mention Bank of America in connection with industry conferences, underwriting, and banking-sector trends, but they do not appear to be direct catalysts for BAC shares. Bank of Baroda to Engage Global Investors at BofA India Conference 2026

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.