Quantbot Technologies LP Has $8.92 Million Stock Position in Bank of America Corporation $BAC

Posted by Don Miller on Feb 28th, 2026

Quantbot Technologies LP lowered its position in Bank of America Corporation (NYSE:BAC) by 27.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 172,820 shares of the financial services provider’s stock after selling 66,359 shares during the quarter. Quantbot Technologies LP’s holdings in Bank of America were worth $8,916,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Shepherd Financial Partners LLC raised its position in Bank of America by 0.3% during the third quarter. Shepherd Financial Partners LLC now owns 60,279 shares of the financial services provider’s stock valued at $3,110,000 after acquiring an additional 189 shares in the last quarter. William B. Walkup & Associates Inc. raised its holdings in Bank of America by 1.4% in the 3rd quarter. William B. Walkup & Associates Inc. now owns 14,020 shares of the financial services provider’s stock worth $723,000 after acquiring an additional 192 shares during the period. Albion Financial Group UT lifted its position in Bank of America by 1.6% during the 3rd quarter. Albion Financial Group UT now owns 13,031 shares of the financial services provider’s stock worth $672,000 after acquiring an additional 205 shares during the last quarter. Motive Wealth Advisors grew its position in shares of Bank of America by 3.6% in the third quarter. Motive Wealth Advisors now owns 5,910 shares of the financial services provider’s stock valued at $305,000 after purchasing an additional 205 shares during the last quarter. Finally, Howard Financial Services LTD. increased its stake in shares of Bank of America by 2.5% in the third quarter. Howard Financial Services LTD. now owns 8,508 shares of the financial services provider’s stock worth $439,000 after purchasing an additional 205 shares during the period. 70.71% of the stock is currently owned by institutional investors and hedge funds.

Bank of America Trading Down 5.0%

NYSE:BAC opened at $49.68 on Friday. The business’s 50-day moving average price is $53.91 and its two-hundred day moving average price is $52.41. Bank of America Corporation has a 1-year low of $33.06 and a 1-year high of $57.55. The firm has a market capitalization of $356.55 billion, a price-to-earnings ratio of 12.97, a PEG ratio of 1.27 and a beta of 1.29. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 1.15.

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

Bank of America Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Friday, March 6th will be issued a dividend of $0.28 per share. The ex-dividend date 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 presently 29.24%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on BAC. The Goldman Sachs Group raised their target price on Bank of America from $65.00 to $67.00 and gave the company a “buy” rating in a report on Monday, January 26th. Barclays lifted their price target on shares of Bank of America from $59.00 to $71.00 and gave the company an “overweight” rating in a report on Monday, January 5th. Wall Street Zen upgraded shares of Bank of America from a “sell” rating to a “hold” rating in a research note on Saturday, February 14th. Keefe, Bruyette & Woods decreased their price target on 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. Finally, CICC Research initiated coverage on Bank of America in a report on Wednesday, January 14th. They issued an “outperform” rating and a $62.00 price target for the company. Twenty-two equities research 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, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $60.30.

Check Out Our Latest Stock Analysis on Bank of America

Trending Headlines about Bank of America

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

Positive Sentiment: BofA remains well-covered by analysts and hedge funds: multiple recent Buy/Outperform ratings and a median price target (~$62) provide upside support for BAC versus current levels, helping temper the sell-off. Bank of America slides as financials wobble amid private-credit anxiety and renewed tariff uncertainty
Positive Sentiment: Corporate lending / fee activity: TE Connectivity secured a $3.0B five-year revolver that names Bank of America as a participating bank — a sign of ongoing commercial lending and fee opportunities for BAC. Does New US$3 Billion Credit Line And Strong Orders Change The Bull Case For TE Connectivity (TEL)?
Positive Sentiment: Reputation/ESG flow: Bank of America announced nearly $40M invested in U.S. workforce skills in 2025 — positive for brand, regulatory goodwill and community relations. BofA Invests Nearly $40 Million into American Workforce Skills in 2025
Neutral Sentiment: Valuation/market context pieces note mixed short-term performance but attractive multi-year returns — useful framing for longer-term investors but not an immediate catalyst. Is Bank of America (BAC) Pricing Reflect Its Excess Returns And P/E Valuation Signals
Neutral Sentiment: Regulatory/reporting update: Bank of America filed its latest Form 10-K — routine disclosure that keeps governance and compliance current but doesn’t materially move sentiment by itself. Bank of America Files Latest Form 10-K with U.K. National Storage Mechanism
Negative Sentiment: Macro/sector stress is the main near-term headwind: investor concern about private-credit/leveraged-loan stress, renewed tariff uncertainty and mechanical selling in financial ETFs are cited as drivers of today’s decline; large institutional position changes (some big portfolio trims) amplify downward pressure on BAC. Bank of America slides as financials wobble amid private-credit anxiety and renewed tariff uncertainty

Bank of America Company Profile

(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.