Bank of America (NYSE:BAC) Stock Unloaded Rep. Lisa C. McClain

Representative Lisa C. McClain (R-Michigan) recently sold shares of Bank of America Corporation (NYSE:BAC). In a filing disclosed on November 21st, the Representative disclosed that they had sold between $1,001 and $15,000 in Bank of America stock on October 31st. The trade occurred in the Representative’s “CHARLES SCHWAB 401K > SCHWAB 893” account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Coherent (NYSE:COHR) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Clorox (NYSE:CLX) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Northern Trust (NASDAQ:NTRS) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Honda Motor (NYSE:HMC) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Home BancShares (NYSE:HOMB) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Five Below (NASDAQ:FIVE) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Pure Storage (NYSE:PSTG) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of BHP Group (NYSE:BHP) on 10/31/2025.

Bank of America Trading Up 1.0%

BAC opened at $53.01 on Thursday. The company’s 50 day moving average is $51.85 and its 200-day moving average is $48.66. The company has a market cap of $387.07 billion, a P/E ratio of 14.44, a PEG ratio of 1.99 and a beta of 1.34. Bank of America Corporation has a 1-year low of $33.06 and a 1-year high of $54.69. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.12.

Bank of America (NYSE:BAC) last released its quarterly earnings data on Wednesday, October 15th. The financial services provider reported $1.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.13. The company had revenue of $5.35 billion during 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 firm’s revenue was up 10.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.81 earnings per share. Equities research analysts predict 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 disclosed a quarterly dividend, which will be paid on Friday, December 26th. Investors of record on Friday, December 5th will be paid a $0.28 dividend. The ex-dividend date of this dividend is Friday, December 5th. This represents a $1.12 annualized dividend and a yield of 2.1%. Bank of America’s dividend payout ratio (DPR) is 30.52%.

Analyst Upgrades and Downgrades

BAC has been the subject of a number of research analyst reports. Truist Financial lifted their target price on Bank of America from $51.00 to $56.00 and gave the stock a “buy” rating in a report on Tuesday, September 23rd. TD Cowen boosted their price objective on Bank of America from $61.00 to $64.00 and gave the stock a “buy” rating in a report on Thursday, November 6th. Wall Street Zen upgraded shares of Bank of America from a “sell” rating to a “hold” rating in a research note on Sunday, October 19th. Ameriprise Financial raised Bank of America to a “buy” rating in a research report on Wednesday, October 22nd. Finally, Robert W. Baird lifted their price objective on shares of Bank of America from $52.00 to $56.00 and gave the stock a “neutral” rating in a research report on Thursday, October 30th. 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, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $57.77.

Institutional Investors Weigh In On Bank of America

A number of hedge funds and other institutional investors have recently modified their holdings of BAC. Brighton Jones LLC lifted its holdings in Bank of America by 30.0% in the fourth quarter. Brighton Jones LLC now owns 108,872 shares of the financial services provider’s stock worth $4,785,000 after buying an additional 25,143 shares during the period. Northern Financial Advisors Inc increased its stake in shares of Bank of America by 1.8% during the first quarter. Northern Financial Advisors Inc now owns 14,383 shares of the financial services provider’s stock valued at $600,000 after purchasing an additional 252 shares in the last quarter. PFG Advisors lifted its holdings in shares of Bank of America by 3.8% during the first quarter. PFG Advisors now owns 24,413 shares of the financial services provider’s stock valued at $1,019,000 after purchasing an additional 888 shares during the last quarter. Venturi Wealth Management LLC boosted its position in shares of Bank of America by 4.9% in the 1st quarter. Venturi Wealth Management LLC now owns 27,942 shares of the financial services provider’s stock worth $1,166,000 after purchasing an additional 1,299 shares in the last quarter. Finally, Financial & Tax Architects LLC purchased a new stake in shares of Bank of America in the 1st quarter worth approximately $343,000. Institutional investors own 70.71% of the company’s stock.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.

Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

About Bank of America

Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates in four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets.