Generali Investments Management Co LLC Sells 15,300 Shares of Bank of America Corporation $BAC

Generali Investments Management Co LLC lessened its position in shares of Bank of America Corporation (NYSE:BAC) by 16.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 76,833 shares of the financial services provider’s stock after selling 15,300 shares during the quarter. Bank of America makes up about 0.8% of Generali Investments Management Co LLC’s investment portfolio, making the stock its 22nd largest position. Generali Investments Management Co LLC’s holdings in Bank of America were worth $3,964,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Andra AP fonden raised its stake in shares of Bank of America by 10.0% in the 3rd quarter. Andra AP fonden now owns 46,200 shares of the financial services provider’s stock valued at $2,383,000 after buying an additional 4,200 shares in the last quarter. Artisan Partners Limited Partnership boosted its position in shares of Bank of America by 2.6% during the 3rd quarter. Artisan Partners Limited Partnership now owns 3,037,943 shares of the financial services provider’s stock valued at $156,727,000 after acquiring an additional 77,688 shares in the last quarter. Close Asset Management Ltd increased its stake in Bank of America by 40.2% in the third quarter. Close Asset Management Ltd now owns 118,584 shares of the financial services provider’s stock valued at $6,115,000 after acquiring an additional 34,000 shares during the period. Lansing Street Advisors increased its stake in Bank of America by 6.2% in the third quarter. Lansing Street Advisors now owns 25,546 shares of the financial services provider’s stock valued at $1,318,000 after acquiring an additional 1,481 shares during the period. Finally, Diversify Wealth Management LLC raised its position in Bank of America by 2.8% in the third quarter. Diversify Wealth Management LLC now owns 118,458 shares of the financial services provider’s stock worth $6,345,000 after purchasing an additional 3,250 shares in the last quarter. 70.71% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Bank of America

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

• Positive Sentiment: High institutional and analyst interest — multiple articles note heavy hedge-fund and analyst bullishness on BAC (15 of 19 analysts with Buy/Outperform coverage), which supports demand for the shares and institutional flows. Here is Why Bank of America Corporation (BAC) is Highly Favored By Hedge Funds
• Positive Sentiment: Short-term momentum/relative performance — coverage noting that BAC has outpaced broad market gains helps explain intraday buying and reinforces momentum traders’ interest. Bank of America (BAC) Outpaces Stock Market Gains: What You Should Know
• Positive Sentiment: Corporate citizenship and franchise-strength signaling — Bank of America announced nearly $40M invested in U.S. workforce skills (2025 programs), a reputational and relationship-building move that supports long-term deposit/fee growth and investor perception. BofA Invests Nearly $40 Million into American Workforce Skills in 2025
• Neutral Sentiment: Valuation and performance review — a write-up assessing BAC’s pricing versus excess returns and P/E signals highlights mixed near-term signals (small recent pullback) but solid multi-year gains; useful context for investors weighing value vs. momentum. Is Bank of America (BAC) Pricing Reflect Its Excess Returns And P/E Valuation Signals
• Neutral Sentiment: Regulatory/filing housekeeping — BAC filed its latest Form 10‑K with the U.K. National Storage Mechanism; standard disclosure compliance that’s neutral for stock direction but relevant for modelers and institutional holders. Bank of America Files Latest Form 10-K with U.K. National Storage Mechanism
• Neutral Sentiment: Relative bank-comparison pieces — analyst commentary comparing BAC vs. Wells Fargo on earnings growth, investment banking momentum and valuation may drive relative flows among bank ETFs and sector rotation trades. Bank of America or Wells Fargo: Which Big Bank Offers More Upside?

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on BAC shares. CICC Research assumed coverage on Bank of America in a report on Wednesday, January 14th. They set an “outperform” rating and a $62.00 price objective on the stock. Robert W. Baird upped their price target on Bank of America from $52.00 to $56.00 and gave the company a “neutral” rating in a research report on Thursday, October 30th. Evercore set a $59.00 price objective on Bank of America in a research note on Thursday, January 15th. Weiss Ratings restated a “buy (b)” rating on shares of Bank of America in a research note on Tuesday, January 27th. Finally, Wolfe Research lowered shares of Bank of America from an “outperform” rating to a “peer perform” rating in a report on Wednesday, January 7th. Twenty-two investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, Bank of America currently has an average rating of “Moderate Buy” and a consensus price target of $60.30.

Bank of America Price Performance

Shares of BAC stock opened at $52.28 on Friday. The stock’s fifty day moving average is $54.02 and its 200-day moving average is $52.38. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.80 and a current ratio of 0.80. The stock has a market capitalization of $381.77 billion, a PE ratio of 13.65, a PEG ratio of 1.26 and a beta of 1.29. Bank of America Corporation has a 52 week low of $33.06 and a 52 week high of $57.55.

Bank of America (NYSE:BAC) last announced its earnings results on Wednesday, January 14th. The financial services provider reported $0.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.96 by $0.02. The company had revenue of $4.53 billion for 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%. Bank of America’s quarterly revenue was up 12.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.82 earnings per share. Equities research analysts expect that Bank of America Corporation will post 3.7 EPS for the current fiscal year.

Bank of America Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 6th will be paid a $0.28 dividend. This represents a $1.12 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, March 6th. Bank of America’s dividend payout ratio (DPR) is 29.24%.

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.