Manning & Napier Advisors LLC Sells 221,856 Shares of Wells Fargo & Company $WFC

Manning & Napier Advisors LLC lessened its position in Wells Fargo & Company (NYSE:WFC) by 45.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 262,143 shares of the financial services provider’s stock after selling 221,856 shares during the period. Manning & Napier Advisors LLC’s holdings in Wells Fargo & Company were worth $22,190,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of WFC. Access Investment Management LLC bought a new position in Wells Fargo & Company during the second quarter worth about $25,000. McElhenny Sheffield Capital Management LLC acquired a new stake in shares of Wells Fargo & Company in the second quarter valued at approximately $27,000. Marquette Asset Management LLC boosted its stake in shares of Wells Fargo & Company by 472.4% during the 3rd quarter. Marquette Asset Management LLC now owns 332 shares of the financial services provider’s stock worth $28,000 after acquiring an additional 274 shares during the period. Kilter Group LLC acquired a new position in shares of Wells Fargo & Company during the 2nd quarter worth approximately $31,000. Finally, Aventus Investment Advisors Inc. acquired a new stake in Wells Fargo & Company during the 3rd quarter valued at $37,000. 75.90% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Cfra Research upgraded shares of Wells Fargo & Company to a “moderate buy” rating in a research note on Wednesday, October 15th. Weiss Ratings upgraded shares of Wells Fargo & Company from a “hold (c)” rating to a “buy (b)” rating in a research report on Wednesday, October 8th. Citigroup boosted their price target on Wells Fargo & Company from $85.00 to $90.00 and gave the company a “neutral” rating in a research note on Tuesday, September 23rd. Wolfe Research reaffirmed an “outperform” rating and issued a $109.00 price objective on shares of Wells Fargo & Company in a report on Wednesday, January 7th. Finally, Truist Financial increased their target price on Wells Fargo & Company from $100.00 to $104.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. Twelve equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Wells Fargo & Company has an average rating of “Hold” and an average target price of $94.03.

More Wells Fargo & Company News

Here are the key news stories impacting Wells Fargo & Company this week:

• Positive Sentiment: Q4 earnings beat and outlook lift — WFC reported $1.76 EPS vs. $1.65 consensus and disclosed net income of about $5.4B; management raised its outlook, which supports upward earnings revisions and investor confidence. Wells Fargo Reports Fourth Quarter 2025 Financial Results
• Positive Sentiment: Interest-income tailwind — Profit climbed as higher interest income boosted net interest margin and overall profitability, a key driver for bank stock re-rating in a rising-rate environment. Wells Fargo profit climbs on interest income boost
• Positive Sentiment: Post-asset-cap growth narrative — This quarter is seen as the first full-scale test after asset-cap relief; results that show sustainable loan and revenue momentum could materially change growth expectations. Wells Fargo Enters Its First Post-Asset-Cap Earnings Test: Here’s Why Q4 Results Could Redefine The Bank’s Growth Story
• Neutral Sentiment: Revenue slightly below estimates — Total revenue was $21.29B vs. consensus ~$21.63B, which tempers the beat and will keep focus on top-line recovery and fee income trends. View Press Release
• Neutral Sentiment: Conference materials available — The company posted its slide deck and is hosting a live call; investors will parse management commentary for guidance on loan growth, credit quality and capital deployment. View Slide Deck
• Negative Sentiment: Regulatory/policy risk — Proposed political measures (e.g., a 10% cap on credit card rates) and broader regulatory scrutiny could pressure margin and card revenue, representing a headline risk for bank earnings. Banks warn consumers will be hurt by Trump’s 10% cap on credit card interest rates

Wells Fargo & Company Stock Down 1.5%

Shares of WFC stock opened at $93.55 on Wednesday. The stock has a market cap of $293.67 billion, a P/E ratio of 15.39, a PEG ratio of 0.87 and a beta of 1.09. The company’s fifty day simple moving average is $90.02 and its two-hundred day simple moving average is $84.69. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 1.07. Wells Fargo & Company has a 52 week low of $58.42 and a 52 week high of $97.76.

Wells Fargo & Company (NYSE:WFC) last issued its quarterly earnings data on Wednesday, January 14th. The financial services provider reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.65 by $0.11. Wells Fargo & Company had a return on equity of 12.51% and a net margin of 17.18%.The business had revenue of $21.29 billion for the quarter, compared to analysts’ expectations of $21.63 billion. Analysts predict that Wells Fargo & Company will post 5.89 EPS for the current fiscal year.

Wells Fargo & Company Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Friday, November 7th were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 1.9%. The ex-dividend date was Friday, November 7th. Wells Fargo & Company’s dividend payout ratio is currently 29.61%.

Wells Fargo & Company Company Profile

Wells Fargo & Company is a diversified, U.S.-based financial services company headquartered in San Francisco, California. Founded in 1852 by Henry Wells and William G. Fargo, the firm has evolved from its origins in express delivery and pioneer-era banking into one of the largest full-service banks in the United States. The company provides a broad range of financial products and services to individual, small business, commercial, and institutional clients. Charles W. Scharf serves as chief executive officer.

Wells Fargo operates across several core business segments, including consumer banking and lending, commercial banking, corporate and investment banking, and wealth and investment management.