Vise Technologies Inc. Buys 75,049 Shares of Bank of America Corporation $BAC

Posted by Alphonse Anthony on Jun 5th, 2026

Vise Technologies Inc. boosted its stake in shares of Bank of America Corporation (NYSE:BAC) by 53.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 215,070 shares of the financial services provider’s stock after purchasing an additional 75,049 shares during the quarter. Vise Technologies Inc.’s holdings in Bank of America were worth $11,829,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Norges Bank acquired a new stake in shares of Bank of America during the 4th quarter worth approximately $4,774,210,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Bank of America by 640.5% in 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 worth $2,399,798,000 after buying an additional 40,235,201 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of Bank of America by 3.7% in the 4th quarter. Vanguard Group Inc. now owns 651,076,825 shares of the financial services provider’s stock worth $35,809,225,000 after buying an additional 23,351,183 shares in the last quarter. Capital World Investors increased its holdings in Bank of America by 11.0% during the 3rd quarter. Capital World Investors now owns 144,371,118 shares of the financial services provider’s stock valued at $7,448,816,000 after purchasing an additional 14,275,810 shares in the last quarter. Finally, American Assets Investment Management LLC increased its holdings in Bank of America by 1,248.5% during the 4th quarter. American Assets Investment Management LLC now owns 15,224,325 shares of the financial services provider’s stock valued at $837,338,000 after purchasing an additional 14,095,375 shares in the last quarter. 70.71% of the stock is owned by institutional investors and hedge funds.

Bank of America Stock Performance

Shares of Bank of America stock opened at $54.06 on Friday. The firm has a market cap of $383.62 billion, a price-to-earnings ratio of 13.38, a price-to-earnings-growth ratio of 0.89 and a beta of 1.18. The stock’s 50-day moving average is $51.52 and its 200-day moving average is $52.29. Bank of America Corporation has a one year low of $43.66 and a one year high of $57.55. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.81 and a quick ratio of 0.81.

Bank of America (NYSE:BAC – Get Free Report) last issued its quarterly earnings results on Wednesday, April 15th. The financial services provider reported $1.11 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%.The company’s quarterly revenue was up 10.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.90 earnings per share. Equities analysts predict that Bank of America Corporation will post 4.45 earnings per share for the current fiscal year.

Bank of America Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Friday, June 5th will be given a $0.28 dividend. The ex-dividend date of this dividend is Friday, June 5th. This represents a $1.12 dividend on an annualized basis and a yield of 2.1%. Bank of America’s dividend payout ratio (DPR) is 27.72%.

More Bank of America News

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

Positive Sentiment: Bank of America is set to launch a cross-border real-time payments tool later this year, a move that could strengthen its corporate payments business, improve client retention, and support fee growth. Bank of America to Launch Cross-Border Real-Time Payments, Expanding Global Payment Choice
Positive Sentiment: Unusually heavy call buying in BAC options suggests traders are positioning for more upside, which can signal strong near-term investor enthusiasm.
Positive Sentiment: Financial stocks rose broadly on Thursday, providing a favorable sector tailwind for Bank of America shares. Sector Update: Financial Stocks Rise Thursday Afternoon
Positive Sentiment: Several articles highlighted Bank of America as a “low cost” stock with strong analyst support, including reports that 84% of covered analysts rate it a Buy and see meaningful upside from current levels. Here’s Why Bank of America Corporation (BAC) is Among the Best Low Cost Stocks
Positive Sentiment: Bank of America and Merrill also received recognition in Barron’s advisor rankings, which supports the firm’s wealth-management franchise and brand strength. Merrill Advisors and Teams Earn Recognition Across Three 2026 Barron’s Lists
Neutral Sentiment: The bank is also investing in digital assets and tokenization, including a new leadership role for digital asset transformation, but this is more of a strategic positioning story than an immediate earnings driver. Bank of America Names Adam Dixon Global Head of Digital Asset Transformation
Negative Sentiment: Jim Cramer’s skeptical comments about BAC being “11 times earnings” and suggesting “something that’s not that great happening there” may have added a bit of caution to the stock’s narrative. Jim Cramer on Bank of America: “There’s Something That’s Not That Great Happening There”

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. JPMorgan Chase & Co. lowered their target price on Bank of America from $61.50 to $57.50 and set an “overweight” rating for the company in a research note on Tuesday, April 7th. Jefferies Financial Group lifted their target price on Bank of America from $60.00 to $65.00 and gave the stock a “buy” rating in a report on Thursday, April 16th. The Goldman Sachs Group lifted their target price on Bank of America from $58.00 to $63.00 and gave the stock a “buy” rating in a report on Thursday, April 16th. Piper Sandler lifted their target price on Bank of America from $53.00 to $59.00 and gave the stock a “neutral” rating in a report on Thursday, April 16th. Finally, Keefe, Bruyette & Woods lifted their target price on Bank of America from $63.00 to $64.00 and gave the stock an “outperform” rating in a report on Thursday, April 16th. Twenty-two research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Bank of America presently has an average rating of “Moderate Buy” and an average price target of $61.06.

Read Our Latest Stock Report on BAC

Insiders Place Their Bets

In related news, insider Geoffrey S. Greener sold 126,756 shares of the firm’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $53.01, for a total value of $6,719,335.56. Following the completion of the transaction, the insider owned 1,373,397 shares of the company’s stock, valued at approximately $72,803,774.97. This trade represents a 8.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Bernard A. Mensah sold 94,000 shares of the firm’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $46.94, for a total transaction of $4,412,360.00. Following the completion of the transaction, the insider directly 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. Additional details regarding this sale are available in the official SEC disclosure. 0.27% of the stock is currently owned by company insiders.

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.