Bank of America Corporation $BAC Shares Sold by Fiduciary Alliance LLC

Posted by Brenda Bartman on Jun 25th, 2026

Fiduciary Alliance LLC trimmed its holdings in shares of Bank of America Corporation (NYSE:BAC) by 32.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 66,330 shares of the financial services provider’s stock after selling 31,264 shares during the period. Fiduciary Alliance LLC’s holdings in Bank of America were worth $3,234,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of Bank of America in the fourth quarter worth about $4,774,210,000. Capital International Investors acquired a new stake in shares of Bank of America in the fourth quarter valued at about $2,357,461,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Bank of America by 640.5% during the 3rd 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 buying an additional 40,235,201 shares during the period. Vanguard Group Inc. raised its holdings in shares of Bank of America by 3.7% during the 4th quarter. Vanguard Group Inc. now owns 651,076,825 shares of the financial services provider’s stock valued at $35,809,225,000 after buying an additional 23,351,183 shares during the period. Finally, Cardano Risk Management B.V. lifted its position in Bank of America by 914.5% during the 4th quarter. Cardano Risk Management B.V. now owns 25,095,260 shares of the financial services provider’s stock worth $1,380,239,000 after acquiring an additional 22,621,546 shares in the last quarter. 70.71% of the stock is currently owned by institutional investors and hedge funds.

Bank of America Price Performance

Shares of NYSE BAC opened at $57.73 on Thursday. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 1.18. Bank of America Corporation has a fifty-two week low of $44.75 and a fifty-two week high of $58.33. The business has a 50 day moving average price of $53.19 and a two-hundred day moving average price of $52.62. The firm has a market cap of $409.71 billion, a PE ratio of 14.29, a price-to-earnings-growth ratio of 0.98 and a beta of 1.18.

Bank of America (NYSE:BAC – Get Free Report) last announced its earnings results on Wednesday, April 15th. The financial services provider reported $1.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.00 by $0.11. The company had revenue of $30.27 billion for the quarter, compared to analyst estimates of $29.72 billion. Bank of America had a return on equity of 11.49% and a net margin of 16.78%.Bank of America’s quarterly revenue was up 10.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.90 EPS. Sell-side analysts expect that Bank of America Corporation will post 4.45 earnings per share for the current fiscal year.

Bank of America Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Friday, June 5th will be issued a $0.28 dividend. The ex-dividend date of this dividend is Friday, June 5th. This represents a $1.12 annualized dividend and a yield of 1.9%. Bank of America’s dividend payout ratio is currently 27.72%.

Insider Buying and Selling

In other Bank of America news, insider Geoffrey S. Greener sold 126,756 shares of the stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $53.01, for a total transaction of $6,719,335.56. Following the transaction, the insider directly owned 1,373,397 shares in the company, valued at $72,803,774.97. This represents a 8.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.27% of the stock is owned by company insiders.

Bank of America News Summary

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

Positive Sentiment: Bank of America’s own research teams remained active on the bullish side of the market, including a raised price target on Micron and a higher target on Credicorp, which reinforces BAC’s influence in equity research and could support investor confidence in its capital markets franchise. Article Title
Positive Sentiment: Bank of America also highlighted improving U.S. housing sentiment in its latest Homebuyer Insights Report, which could signal healthier consumer demand and stronger lending activity ahead. Article Title
Positive Sentiment: The company announced a new community initiative with Street Child United tied to the 2026 World Cup, a brand-building move that may help BAC’s public image but is unlikely to move earnings by itself. Article Title
Neutral Sentiment: Bank of America increased its stake in CA Immobilien to just over 4%, and disclosed another holding update in Qiagen; these are notable portfolio disclosures, but they are not directly tied to BAC’s operating results. Article Title
Neutral Sentiment: Several articles focused on Bank of America’s macro outlook, including a more hawkish Fed forecast with three rate hikes in 2026 and commentary on consumer spending trends; these may matter for BAC’s lending margins and credit demand, but the implications are mixed. Article Title
Negative Sentiment: The most market-sensitive macro call is BAC’s shift to a higher-rate forecast, which could increase pressure on borrowers and add uncertainty for the broader economy even if it helps net interest income. Article Title

Analyst Ratings Changes

A number of research firms have weighed in on BAC. Daiwa Securities Group upped their price target on Bank of America from $58.00 to $61.00 and gave the stock an “overweight” rating in a report on Tuesday, April 28th. UBS Group lifted their price objective on shares of Bank of America from $62.00 to $63.00 in a research note on Wednesday, May 6th. Autonomous Res reduced their target price on shares of Bank of America from $62.00 to $54.00 and set a “neutral” rating on the stock in a research report on Monday, April 6th. Keefe, Bruyette & Woods upped their target price on shares of Bank of America from $63.00 to $64.00 and gave the company an “outperform” rating in a research note on Thursday, April 16th. Finally, Argus raised their price target on shares of Bank of America from $59.00 to $62.00 and gave the company a “buy” rating in a report on Thursday, April 16th. Twenty-two research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, Bank of America has a consensus rating of “Moderate Buy” and a consensus target price of $61.23.

View Our Latest Stock Analysis on Bank of America

About Bank of America

(Free Report)

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.