Curated Wealth Partners LLC Acquires 73,323 Shares of Bank of America Corporation $BAC

Curated Wealth Partners LLC raised its stake in shares of Bank of America Corporation (NYSE:BAC) by 1,355.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 78,732 shares of the financial services provider’s stock after purchasing an additional 73,323 shares during the quarter. Bank of America accounts for 0.5% of Curated Wealth Partners LLC’s portfolio, making the stock its 19th largest holding. Curated Wealth Partners LLC’s holdings in Bank of America were worth $4,330,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Norges Bank bought a new position in shares of Bank of America during the 2nd quarter worth approximately $5,091,641,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in 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 acquiring an additional 40,235,201 shares during the period. Capital World Investors raised its stake in Bank of America by 11.0% during the third quarter. Capital World Investors now owns 144,371,118 shares of the financial services provider’s stock worth $7,448,816,000 after acquiring an additional 14,275,810 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in Bank of America by 124.8% during the second quarter. Arrowstreet Capital Limited Partnership now owns 17,619,837 shares of the financial services provider’s stock worth $833,771,000 after acquiring an additional 9,782,208 shares in the last quarter. Finally, Danske Bank A S bought a new position in shares of Bank of America during the third quarter valued at $224,863,000. 70.71% of the stock is currently owned by institutional investors.

Bank of America News Summary

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

• Positive Sentiment: Zacks notes BAC outperformed the broader market (stock climbed ~1.3% in the cited session), highlighting relative-strength trading interest that likely helped the stock today. Bank of America (BAC) Ascends While Market Falls: Some Facts to Note
• Positive Sentiment: Zacks also flags BAC as a compelling dividend name, which supports demand from income-focused investors and can underpin multiple stability during market pullbacks. Bank of America (BAC) is a Top Dividend Stock Right Now: Should You Buy?
• Neutral Sentiment: Bank of America filed its 2025 Form 10-K with the UK National Storage Mechanism — a routine regulatory disclosure that reduces information uncertainty but is unlikely to move the stock materially by itself. Bank of America Files 2025 Form 10-K with UK National Storage Mechanism
• Neutral Sentiment: BofA Securities remains active in research — issuing upgrades/coverage on AI and tech names (Nebius initiation, CoreWeave upgrade, bullish takes on Dell/Oracle/ASML/Apple supply-chain checks). This highlights the bank’s research footprint but is only an indirect driver of BAC’s valuation. Nebius Operating Margin Turns Positive In FY27: Analyst
• Negative Sentiment: Goldman Sachs trimmed its price target on BAC from $67 to $57 (maintaining a Buy). A lower target from a major bank analyst can pressure sentiment and cap near-term upside. Benzinga coverage of price target change
• Negative Sentiment: WSJ coverage notes private-credit strains and software-exposed funds creating risks/opportunities for big banks — a reminder that credit-book deterioration or mark-to-market swings in loan exposure remain a sector-level headwind. Big Banks Are Playing Both Sides of the Private Credit Meltdown
• Negative Sentiment: Sector credit signals: Citigroup reports stable delinquencies but rising charge-offs in cards — a cautionary datapoint for bank loan performance that investors will watch across the group, including BAC. Citigroup’s Card Delinquencies Stable, Charge-Offs Rise in February

Bank of America Stock Up 1.2%

Shares of NYSE BAC opened at $48.10 on Wednesday. Bank of America Corporation has a 12-month low of $33.06 and a 12-month high of $57.55. The firm’s 50-day simple moving average is $51.31 and its 200 day simple moving average is $52.33. 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 company has a market cap of $345.19 billion, a price-to-earnings ratio of 12.56, a price-to-earnings-growth ratio of 1.16 and a beta of 1.28.

Bank of America (NYSE:BAC) last posted its quarterly earnings data on Wednesday, January 14th. The financial services provider reported $0.98 earnings per share for the quarter, beating 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 $4.53 billion during the quarter, compared to analysts’ expectations of $27.73 billion. During the same quarter last year, the company posted $0.82 EPS. The company’s quarterly revenue was up 12.3% compared to the same quarter last year. On average, research analysts expect that Bank of America Corporation will post 3.7 earnings per share for the current fiscal year.

Bank of America Announces Dividend

The business also recently declared 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. The ex-dividend date of this dividend is Friday, March 6th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.3%. Bank of America’s dividend payout ratio (DPR) is currently 29.24%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Evercore set a $59.00 target price on shares of Bank of America in a report on Thursday, January 15th. Wolfe Research lowered shares of Bank of America from an “outperform” rating to a “peer perform” rating in a research report on Wednesday, January 7th. JPMorgan Chase & Co. upped their price objective on shares of Bank of America from $58.00 to $61.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 6th. Wells Fargo & Company raised their price objective on shares of Bank of America from $62.00 to $65.00 and gave the stock an “overweight” rating in a report on Monday, January 5th. Finally, Oppenheimer lifted their target price on shares of Bank of America from $55.00 to $63.00 and gave the company an “outperform” rating in a research note on Thursday, December 18th. Twenty-one analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $59.87.

Insider Buying and Selling

In related news, insider James P. Demare sold 83,832 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $50.00, for a total value of $4,191,600.00. Following the completion of the transaction, the insider owned 307,240 shares in the company, valued at $15,362,000. The trade was a 21.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Thomas M. Scrivener sold 50,000 shares of the company’s stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $49.82, for a total value of $2,491,000.00. Following the transaction, the insider directly owned 227,973 shares in the company, valued at approximately $11,357,614.86. This represents a 17.99% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 227,832 shares of company stock worth $11,094,960 in the last quarter. Insiders own 0.30% of the company’s stock.

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.