Sequoia Financial Advisors LLC Has $24.18 Million Holdings in Wells Fargo & Company $WFC

Sequoia Financial Advisors LLC reduced its position in Wells Fargo & Company (NYSE:WFC) by 4.5% during the third quarter, Holdings Channel.com reports. The firm owned 288,514 shares of the financial services provider’s stock after selling 13,495 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Wells Fargo & Company were worth $24,183,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Evergreen Capital Management LLC lifted its position in Wells Fargo & Company by 13.2% in the 3rd quarter. Evergreen Capital Management LLC now owns 33,997 shares of the financial services provider’s stock valued at $2,850,000 after acquiring an additional 3,959 shares in the last quarter. Phoenix Wealth Advisors purchased a new position in shares of Wells Fargo & Company during the third quarter valued at approximately $246,000. Confluence Wealth Services Inc. grew its holdings in Wells Fargo & Company by 2.0% during the third quarter. Confluence Wealth Services Inc. now owns 7,233 shares of the financial services provider’s stock worth $606,000 after buying an additional 143 shares in the last quarter. First National Advisers LLC raised its position in Wells Fargo & Company by 1.7% in the 3rd quarter. First National Advisers LLC now owns 64,334 shares of the financial services provider’s stock valued at $5,393,000 after buying an additional 1,084 shares during the last quarter. Finally, Vectors Research Management LLC bought a new position in Wells Fargo & Company during the 3rd quarter valued at $1,367,000. Institutional investors and hedge funds own 75.90% of the company’s stock.

Wells Fargo & Company News Roundup

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

• Positive Sentiment: Asset‑cap lift enabling growth — management is ramping lending and growth initiatives now that the Fed’s asset cap is gone, which supports higher future loan volumes and revenue potential. Freed from Asset Cap, Wells Fargo Ramps up Lending
• Positive Sentiment: Q4 EPS beat — Wells Fargo reported EPS above consensus (helping underlying profitability) even as revenue missed estimates; management flagged improving core profitability and stronger wealth results. Wells Fargo posts earnings beat but revenue misses expectations
• Positive Sentiment: Insider/insider‑adjacent buying — a disclosed purchase by Sen. John Boozman was reported, which some investors view as a modest signal of confidence. Sen. John Boozman Buys Wells Fargo & Company Shares
• Neutral Sentiment: Analyst reactions are mixed — several firms revised price targets and ratings after Q4 (some trims, some raises); consensus remains around a “hold”/modest upside, creating balanced near‑term analyst flow rather than a uniform boost. These Analysts Revise Their Forecasts On Wells Fargo Following Q4 Earnings
• Neutral Sentiment: New coverage and broader industry commentary — CICC initiated coverage and major outlets highlighted sector‑wide strength in trading and wealth, which could support longer‑term estimates but doesn’t remove near‑term uncertainty. Wells Fargo Coverage Initiated at CICC Research
• Negative Sentiment: Revenue missed and severance dragged on profits — commentary and reporting pointed to material severance and restructuring charges that pressured reported profit and prompted concern about near‑term earnings quality. Wells Fargo misses profit estimates on severance costs, shares fall
• Negative Sentiment: Sector and policy overhang — bank stocks broadly pulled back after earnings, and proposals to cap credit‑card rates have emerged as a regulatory risk that could hit consumer finance revenue if enacted. Bank Stocks Get Punished After Earnings—Is Valuation the Real Problem?
• Negative Sentiment: Housing sentiment softens — the NAHB/Wells Fargo Housing Market Index fell unexpectedly in January, a modest negative for mortgage origination outlooks and related loan growth. U.S. Homebuilder Confidence Unexpectedly Deteriorates In January

Wells Fargo & Company Stock Performance

Shares of WFC opened at $88.36 on Friday. Wells Fargo & Company has a 1 year low of $58.42 and a 1 year high of $97.76. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.90 and a quick ratio of 0.84. The stock’s fifty day moving average price is $90.17 and its two-hundred day moving average price is $84.83. The firm has a market cap of $277.37 billion, a PE ratio of 14.09, a PEG ratio of 0.81 and a beta of 1.09.

Wells Fargo & Company (NYSE:WFC) last posted its quarterly earnings results on Wednesday, January 14th. The financial services provider reported $1.76 earnings per share for the quarter, topping the consensus estimate of $1.66 by $0.10. The company had revenue of $21.29 billion during the quarter, compared to the consensus estimate of $21.63 billion. Wells Fargo & Company had a return on equity of 12.90% and a net margin of 17.27%.The firm’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.43 EPS. On average, equities research analysts forecast that Wells Fargo & Company will post 5.89 EPS for the current year.

Wells Fargo & Company Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Friday, November 7th were issued a dividend of $0.45 per share. The ex-dividend date of this dividend was Friday, November 7th. This represents a $1.80 dividend on an annualized basis and a yield of 2.0%. Wells Fargo & Company’s payout ratio is presently 28.71%.

Analyst Ratings Changes

Several research firms have recently issued reports on WFC. Bank of America upped their target price on shares of Wells Fargo & Company from $92.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday, October 15th. Cfra Research upgraded shares of Wells Fargo & Company to a “moderate buy” rating in a research note on Wednesday, October 15th. Keefe, Bruyette & Woods lifted their target price on shares of Wells Fargo & Company from $92.00 to $101.00 and gave the stock a “market perform” rating in a research report on Wednesday, December 17th. Wall Street Zen upgraded Wells Fargo & Company from a “sell” rating to a “hold” rating in a research note on Saturday, October 4th. Finally, Baird R W downgraded Wells Fargo & Company from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 6th. Thirteen investment 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. According to data from MarketBeat.com, Wells Fargo & Company currently has an average rating of “Hold” and a consensus target price of $94.87.

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.