Diversified Trust Co Boosts Position in Bank of America Corporation $BAC

Diversified Trust Co boosted its stake in shares of Bank of America Corporation (NYSE:BAC) by 6.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 280,775 shares of the financial services provider’s stock after buying an additional 16,221 shares during the quarter. Diversified Trust Co’s holdings in Bank of America were worth $14,485,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Geode Capital Management LLC raised its stake in shares of Bank of America by 0.3% during the second quarter. Geode Capital Management LLC now owns 148,176,755 shares of the financial services provider’s stock valued at $6,982,863,000 after acquiring an additional 403,652 shares in the last quarter. Norges Bank purchased a new position in Bank of America during the 2nd quarter worth $5,091,641,000. Fisher Asset Management LLC increased its holdings in Bank of America by 5.2% during the 2nd quarter. Fisher Asset Management LLC now owns 51,405,673 shares of the financial services provider’s stock worth $2,432,516,000 after purchasing an additional 2,557,943 shares during the period. Amundi raised its position in Bank of America by 3.7% during the 1st quarter. Amundi now owns 39,233,293 shares of the financial services provider’s stock valued at $1,637,205,000 after purchasing an additional 1,413,313 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in shares of Bank of America by 124.8% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 17,619,837 shares of the financial services provider’s stock worth $833,771,000 after buying an additional 9,782,208 shares during the period. 70.71% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Wells Fargo & Company raised their price target on Bank of America from $60.00 to $62.00 and gave the company an “overweight” rating in a research note on Monday, October 27th. TD Cowen raised their target price on shares of Bank of America from $61.00 to $64.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. UBS Group upped their price target on shares of Bank of America from $55.00 to $57.00 and gave the stock a “buy” rating in a research report on Tuesday, October 7th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Bank of America from $56.00 to $58.00 and gave the company a “buy” rating in a research note on Tuesday, September 30th. Finally, HSBC boosted their price objective on shares of Bank of America from $51.00 to $53.00 and gave the stock a “hold” rating in a research note on Thursday, October 2nd. Twenty-three equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, Bank of America presently has a consensus rating of “Moderate Buy” and an average price target of $58.59.

Bank of America Trading Down 1.5%

NYSE:BAC opened at $55.30 on Tuesday. The stock has a market capitalization of $403.83 billion, a price-to-earnings ratio of 15.07 and a beta of 1.30. Bank of America Corporation has a 52 week low of $33.06 and a 52 week high of $56.54. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.12. The firm has a 50 day moving average of $53.51 and a 200 day moving average of $50.37.

Bank of America (NYSE:BAC) last issued its quarterly earnings results on Wednesday, October 15th. The financial services provider reported $1.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.13. The business had revenue of $5.35 billion for the quarter, compared to the consensus estimate of $27.05 billion. Bank of America had a return on equity of 10.76% and a net margin of 15.70%.The business’s quarterly revenue was up 10.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.81 earnings per share. As a group, sell-side analysts anticipate that Bank of America Corporation will post 3.7 earnings per share for the current fiscal year.

Bank of America Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Friday, December 5th were paid a $0.28 dividend. The ex-dividend date was Friday, December 5th. This represents a $1.12 dividend on an annualized basis and a yield of 2.0%. Bank of America’s dividend payout ratio (DPR) is 30.52%.

Bank of America News Roundup

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

• Positive Sentiment: CEO Brian Moynihan said he expects tariff pressure to ease next year, which reduces an important macro risk for banks and could support corporate activity and loan demand for Bank of America (BAC). Article Title
• Positive Sentiment: Keefe Bruyette raised its price target on Bank of America to $64 (from $58) and kept an Outperform rating after meetings with management — a direct, bullish analyst signal for BAC. Article Title
• Positive Sentiment: Industry momentum: large U.S. banks rallied strongly through 2025, reflecting improving margins and rate environments that helped BAC’s earnings outlook. That sector strength is supportive for BAC’s stock performance. Article Title
• Neutral Sentiment: Bank of America research and strategists remain active on macro themes (gold, FX, commodities) that influence asset flows but are indirect for near‑term BAC earnings. Article Title
• Neutral Sentiment: Coverage updates and pitches listing BAC among “cash‑rich” or buyable large banks increase visibility but have mixed immediate price impact. Article Title
• Negative Sentiment: Valuation caution: some analysts/commentary note BAC is “priced for” strong execution and the stock may have limited upside absent beats — a warning for investors after recent gains. Article Title

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.