Silvant Capital Management LLC Has $4.39 Million Stock Position in Bank of America Corporation $BAC

Key Points

• Silvant Capital Management LLC reduced its stake in Bank of America by 16.4% in Q3, leaving it with 85,001 shares worth about $4.39 million.
• Insiders James P. Demare and Thomas M. Scrivener sold 83,832 and 50,000 shares in early March (roughly $4.19M and $2.49M), trimming their holdings by about 21% and 18% respectively.
• Analysts remain broadly positive with an average rating of "Moderate Buy" and an average price target of $60.30, while management expects Q1 revenue tailwinds (net interest income ~+7%, investment-banking fees ~+10%, and stronger global markets revenue).

Silvant Capital Management LLC reduced its stake in Bank of America Corporation (NYSE:BAC) by 16.4% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 85,001 shares of the financial services provider's stock after selling 16,659 shares during the period. Silvant Capital Management LLC's holdings in Bank of America were worth $4,385,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in BAC. Riverview Capital Advisers LLC increased its stake in shares of Bank of America by 4.2% in the 3rd quarter. Riverview Capital Advisers LLC now owns 4,686 shares of the financial services provider's stock valued at $242,000 after acquiring an additional 188 shares during the last quarter. Shepherd Financial Partners LLC raised its position in shares of 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 worth $3,110,000 after purchasing an additional 189 shares during the period. William B. Walkup & Associates Inc. lifted its holdings in shares of Bank of America by 1.4% during the 3rd quarter. William B. Walkup & Associates Inc. now owns 14,020 shares of the financial services provider's stock valued at $723,000 after purchasing an additional 192 shares in the last quarter. Albion Financial Group UT increased its stake 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 purchasing an additional 205 shares in the last quarter. Finally, Motive Wealth Advisors increased its position in shares of Bank of America by 3.6% during the third quarter. Motive Wealth Advisors now owns 5,910 shares of the financial services provider's stock worth $305,000 after acquiring an additional 205 shares in the last quarter. 70.71% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. JPMorgan Chase & Co. increased their target price on Bank of America from $58.00 to $61.00 and gave the stock an "overweight" rating in a report on Tuesday, January 6th. Oppenheimer raised their price target on shares of Bank of America from $55.00 to $63.00 and gave the stock an "outperform" rating in a research note on Thursday, December 18th. Keefe, Bruyette & Woods decreased their target price on shares of Bank of America from $64.00 to $63.00 and set an "outperform" rating for the company in a research report on Thursday, January 15th. Morgan Stanley decreased their price objective on Bank of America from $68.00 to $64.00 and set an "overweight" rating for the company in a report on Thursday, January 15th. Finally, Barclays increased their price target on Bank of America from $59.00 to $71.00 and gave the company an "overweight" rating in a research report on Monday, January 5th. Twenty-one investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $60.30.

Key Headlines Impacting Bank of America

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

• Positive Sentiment: BofA projects solid Q1 growth: management expects net interest income up ~7%, investment-banking fees +~10% and global markets revenue to expand in the low double-digits — a clear near-term revenue tailwind for BAC. BofA expects rising interest income, investment banking fees in first quarter
• Positive Sentiment: Co-president commentary and market notes point to strong trading revenue and elevated client engagement in Q1, supporting near-term earnings beat potential and higher market-sensitive revenue. Bank of America sees strong trading revenue in Q1, co-president says
• Positive Sentiment: Hiring boost to tech dealmaking: the bank has poached four senior tech bankers to strengthen its tech investment-banking pipeline — a potential catalyst for fee growth if deal flow accelerates. Bank of America poaches four top tech bankers to boost tech dealmaking, memos show
• Positive Sentiment: Digital & AI momentum: BofA says client digital interactions have surged (Erica, Zelle, CashPro milestones), which can lower costs and grow fee income over time. This supports longer-term productivity and cross-sell hopes. BofA AI and Digital Innovations Fuel 30 Billion Client Interactions
• Neutral Sentiment: Investor presentation: BAC presented at the RBC Global Financial Institutions conference — useful for incremental investor detail but not an immediate earnings surprise. Bank of America Corporation (BAC) Presents at RBC Capital Markets Global Financial Institutions Conference 2026 Transcript
• Neutral Sentiment: Funding mix shift noted: coverage flagged a move from floating to fixed funding — signals prudent balance-sheet management but may marginally change interest-rate sensitivity. Bank of America’s Funding Shift From Floating to Fixed: Subtle Clue About BAC’s Risk Strategy?
• Neutral Sentiment: Regulatory/ownership notes: disclosures show BAC crossing reporting thresholds in holdings of European biotech/mining names (Galapagos, Umicore) — housekeeping items with limited direct impact on BAC’s business. Galapagos Discloses Bank of America Crossing 5% Ownership Threshold in March 2026
• Negative Sentiment: Stock performance context: analysts and market pieces note BAC is down year-to-date and debate whether to buy the dip — a reminder that despite upbeat Q1 signs, valuation and macro uncertainties weigh on the stock. Bank of America Stock Slides 12.9% YTD: Time to Buy the Dip or Wait?
• Negative Sentiment: Macro/market risk: BofA strategists warn of market bubble dynamics (e.g., Korea) and geopolitical tail risks (Iran) that could depress risk-sensitive revenues and trading activity if volatility worsens. Korea stock-market action was ‘textbook bubble,’ say Bank of America strategists

Insider Activity

In other news, insider James P. Demare sold 83,832 shares of Bank of America stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $50.00, for a total value of $4,191,600.00. Following the completion of the sale, the insider directly owned 307,240 shares in the company, valued at approximately $15,362,000. The trade was a 21.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Thomas M. Scrivener sold 50,000 shares of the firm's stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $49.82, for a total value of $2,491,000.00. Following the transaction, the insider owned 227,973 shares in the company, valued at approximately $11,357,614.86. This trade represents a 17.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.30% of the company's stock.

Bank of America Stock Performance

Shares of BAC stock opened at $48.51 on Wednesday. Bank of America Corporation has a 52 week low of $33.06 and a 52 week high of $57.55. The company has a market capitalization of $348.15 billion, a price-to-earnings ratio of 12.67, a PEG ratio of 1.17 and a beta of 1.28. The company has a 50-day simple moving average of $52.99 and a 200 day simple moving average of $52.54. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.80 and a current ratio of 0.80.

Bank of America (NYSE:BAC - Get Free Report) last released its quarterly earnings results on Wednesday, January 14th. The financial services provider reported $0.98 earnings per share for the quarter, beating the consensus estimate of $0.96 by $0.02. The firm had revenue of $4.53 billion for the quarter, compared to analysts' expectations of $27.73 billion. Bank of America had a net margin of 16.23% and a return on equity of 11.07%. The business's revenue was up 12.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.82 EPS. On average, sell-side analysts predict that Bank of America Corporation will post 3.7 earnings per share for the current year.

Bank of America Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 6th will be given a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Friday, March 6th. Bank of America's payout ratio is presently 29.24%.

Bank of America Company Profile

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.

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