Bank of America Corporation $BAC Shares Acquired by Compagnie Lombard Odier SCmA

Compagnie Lombard Odier SCmA boosted its holdings in Bank of America Corporation (NYSE:BAC) by 101.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,742,991 shares of the financial services provider’s stock after purchasing an additional 1,381,762 shares during the period. Bank of America comprises 1.6% of Compagnie Lombard Odier SCmA’s portfolio, making the stock its 16th largest position. Compagnie Lombard Odier SCmA’s holdings in Bank of America were worth $150,865,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Wiser Advisor Group LLC purchased a new position in shares of Bank of America during the 3rd quarter valued at approximately $27,000. Steph & Co. increased its stake 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 worth $28,000 after buying an additional 379 shares during the last quarter. Marquette Asset Management LLC bought a new stake in shares of Bank of America in the third quarter worth $30,000. Collier Financial acquired a new stake in Bank of America in the third quarter valued at $30,000. Finally, Mountain Hill Investment Partners Corp. bought a new position in Bank of America during the 3rd quarter valued at $31,000. 70.71% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Bank of America

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

• Positive Sentiment: Broker upgrades and favorable earnings setup: Multiple firms (HSBC, Wells Fargo, Jefferies) have recently published constructive takes or buy ratings and Jefferies highlighted a 5–7% net interest income growth outlook over the next five years — supporting higher earnings and dividend capacity. HSBC upgrade Wells Fargo buy Jefferies NII outlook
• Positive Sentiment: Business wins and product launches: BAC is partnering on new co-brand credit cards (Royal ONE™ and Royal ONE Plus™) with Royal Caribbean — a revenue-generating consumer payments initiative that expands card fee and spend-related income. Royal Caribbean card partnership
• Positive Sentiment: Earnings momentum and capital-markets activity: Analysts note BAC’s strong earnings-surprise record and the bank’s expanding capital markets activity on the NYSE composite — both support confidence in future results and fee income. Zacks on earnings beat potential Capital markets expansion
• Neutral Sentiment: Analyst price-target moves are mixed: Morgan Stanley trimmed its price target (from $67 to $61) but kept an overweight rating — the move reduces upside expectations slightly while keeping institutional support intact. MarketScreener: MS PT change
• Neutral Sentiment: BofA’s analyst activity underscores franchise strength but is not direct BAC news: The bank’s research and trading coverage (Netflix, Micron, CoreWeave, etc.) highlight its institutional capabilities — a reputational positive but only indirectly supportive of BAC’s stock. BofA research on Netflix
• Negative Sentiment: Legal settlement: BAC disclosed a $72.5 million civil lawsuit settlement — a modest one-time charge relative to its capital but a visible near-term headline that can weigh on sentiment. MSN: settlement
• Negative Sentiment: Macro risk flagged by BofA research: The bank’s own strategists warn of “mild stagflation” and oil near $100, which could slow economic growth and pressure credit quality and consumer spending — a negative backdrop for banks if it materializes. TipRanks: stagflation warning
• Negative Sentiment: Insider/large-holder activity: Reports that Warren Buffett/Berkshire reduced BAC exposure (sold ~50% of a stake) have circulated — this can create headline noise and short-term selling pressure even if strategic ownership remains large. Fool: Buffett sells BAC

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on BAC. Truist Financial decreased their price objective on shares of Bank of America from $62.00 to $60.00 and set a “buy” rating for the company in a report on Thursday, January 15th. Keefe, Bruyette & Woods reduced 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 report on Thursday, January 15th. Oppenheimer decreased their price target on Bank of America from $63.00 to $58.00 and set an “outperform” rating for the company in a research note on Friday, March 27th. The Goldman Sachs Group lowered their price objective on Bank of America from $67.00 to $57.00 and set a “buy” rating for the company in a report on Monday, March 23rd. Finally, JPMorgan Chase & Co. upped their price objective on Bank of America from $58.00 to $61.00 and gave the company an “overweight” rating in a research note on Tuesday, January 6th. Twenty-three analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $59.54.

Bank of America Stock Up 1.1%

Shares of NYSE:BAC opened at $49.29 on Thursday. The company’s fifty day moving average is $50.79 and its two-hundred day moving average is $52.23. 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 1-year low of $33.06 and a 1-year high of $57.55. The stock has a market capitalization of $352.20 billion, a price-to-earnings ratio of 12.87, a price-to-earnings-growth ratio of 1.19 and a beta of 1.23.

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

Bank of America Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Friday, March 6th were given a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date was Friday, March 6th. Bank of America’s dividend payout ratio is presently 29.24%.

Insider Buying and Selling

In related news, insider Bernard A. Mensah sold 94,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $46.94, for a total value of $4,412,360.00. Following the sale, the insider 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 position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Thomas M. Scrivener sold 50,000 shares of the business’s stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $49.82, for a total value of $2,491,000.00. Following the transaction, 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 position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 227,832 shares of company stock valued at $11,094,960. 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.