Americana Partners LLC Has $3.37 Million Holdings in Bank of America Corporation $BAC

Americana Partners LLC lifted its holdings in Bank of America Corporation (NYSE:BAC) by 21.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 65,399 shares of the financial services provider’s stock after purchasing an additional 11,402 shares during the quarter. Americana Partners LLC’s holdings in Bank of America were worth $3,374,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Quaker Wealth Management LLC lifted its position in 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 worth $25,000 after buying an additional 880 shares in the last quarter. Steph & Co. increased its position in shares of Bank of America by 224.3% in the third quarter. Steph & Co. now owns 548 shares of the financial services provider’s stock valued at $28,000 after acquiring an additional 379 shares during the last quarter. RMG Wealth Management LLC acquired a new stake in shares of Bank of America in the second quarter valued at about $28,000. Marquette Asset Management LLC bought a new stake in Bank of America during the third quarter worth about $30,000. Finally, Mountain Hill Investment Partners Corp. acquired a new position in Bank of America during the third quarter valued at approximately $31,000. Institutional investors own 70.71% of the company’s stock.

Bank of America Stock Down 1.7%

Shares of BAC opened at $52.09 on Wednesday. The firm has a market cap of $380.37 billion, a P/E ratio of 13.60 and a beta of 1.29. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.80 and a current ratio of 0.80. Bank of America Corporation has a 52 week low of $33.06 and a 52 week high of $57.55. The firm’s 50-day simple moving average is $54.13 and its 200 day simple moving average is $51.29.

Bank of America (NYSE:BAC) last issued its quarterly earnings data on Wednesday, January 14th. The financial services provider reported $0.98 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm had revenue of $28.53 billion during the quarter, compared to the consensus estimate of $27.73 billion. During the same period last year, the business posted $0.82 earnings per share. The business’s revenue for the quarter was up 12.3% compared to the same quarter last year. On average, analysts forecast 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 declared a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Friday, December 5th were issued a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Friday, December 5th. Bank of America’s dividend payout ratio (DPR) is presently 29.24%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Royal Bank Of Canada raised their price target on Bank of America from $56.00 to $59.00 and gave the company an “outperform” rating in a research note on Friday, December 12th. Phillip Securities raised their target price on shares of Bank of America from $50.00 to $56.00 in a research note on Tuesday, October 21st. Ameriprise Financial upgraded shares of Bank of America to a “buy” rating in a report on Wednesday, October 22nd. Argus upped their price target on shares of Bank of America from $58.00 to $59.00 and gave the stock a “buy” rating in a research report on Thursday, January 15th. Finally, Dbs Bank upgraded shares of Bank of America to a “moderate buy” rating in a research note on Wednesday, October 22nd. One research analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $59.74.

More Bank of America News

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

• Positive Sentiment: CEO outlook: BofA CEO Brian Moynihan upgraded the bank’s economic view, forecasting ~2.8% GDP growth for 2026 and saying consumer spending looks stronger than the Street expects — a backdrop that would support loan growth, fee income and net interest income for BAC. Bank of America CEO sees stronger 2026 economy, says Wall Street may be underetimating growth
• Positive Sentiment: Sector tailwind: Multiple pieces argue bank stocks could outperform in 2026 (dividend and earnings upside as rates and growth normalize), which supports a constructive view on BAC as a large-cap bank beneficiary. Why Bank Stocks Could Surprise Investors in 2026—3 Dividend Plays to Consider
• Positive Sentiment: Rate sensitivity highlighted: Commentators including Jim Cramer and recent analyst notes emphasize BAC benefits from higher rates (improving net interest margin), reinforcing the case that a sustained rise in rates would be a clear earnings tailwind. Bank of America (BAC) Needs Higher Rates, Says Jim Cramer
• Neutral Sentiment: Employee award: BofA will grant $1 billion in stock to non-executive employees via its Sharing Success Program (9th consecutive year). This is broadly positive for retention/ morale but is a compensation expense to monitor; market reaction tends to be muted. BofA Awards $1 Billion in Stock through Sharing Success Program to Non-Executive Employees
• Neutral Sentiment: Research notes & risks: BofA research has flagged a set of “10 market surprises” and continues to publish comparative and valuation pieces on BAC and peers — these reports can amplify intra-day moves but are informational rather than company-specific catalysts. Bank of America Flags 10 Market Surprises
• Neutral Sentiment: BofA Securities activity: A Bank of America Securities analyst reiterated a Sell on Moderna (Moderna-focused research item) — this highlights BofA’s active research franchise but does not directly affect BAC’s fundamentals. Moderna: Intismeran Upside Insufficient to Offset Commercial, Pipeline, and Legal Risks; Maintain Sell Rating

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.