Prudent Man Advisors LLC lowered its stake in Wells Fargo & Company (NYSE:WFC) by 49.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,340 shares of the financial services provider’s stock after selling 8,030 shares during the period. Prudent Man Advisors LLC’s holdings in Wells Fargo & Company were worth $699,000 at the end of the most recent quarter.
Several other large investors have also recently bought and sold shares of the company. Hilton Capital Management LLC acquired a new position in shares of Wells Fargo & Company during the second quarter valued at $3,656,000. Mawer Investment Management Ltd. bought a new stake in Wells Fargo & Company during the 3rd quarter worth about $147,165,000. Guerra Advisors Inc lifted its position in Wells Fargo & Company by 43.2% during the 3rd quarter. Guerra Advisors Inc now owns 38,439 shares of the financial services provider’s stock valued at $3,222,000 after purchasing an additional 11,594 shares during the period. AlphaQuest LLC lifted its position in Wells Fargo & Company by 1,121.0% during the 3rd quarter. AlphaQuest LLC now owns 24,079 shares of the financial services provider’s stock valued at $2,018,000 after purchasing an additional 22,107 shares during the period. Finally, UMB Bank n.a. boosted its stake in shares of Wells Fargo & Company by 52.7% in the 3rd quarter. UMB Bank n.a. now owns 138,862 shares of the financial services provider’s stock valued at $11,639,000 after purchasing an additional 47,946 shares during the last quarter. Institutional investors and hedge funds own 75.90% of the company’s stock.
Insider Buying and Selling at Wells Fargo & Company
In other Wells Fargo & Company news, EVP Ellen R. Patterson sold 60,000 shares of the stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $87.40, for a total value of $5,244,000.00. Following the completion of the sale, the executive vice president directly owned 169,496 shares in the company, valued at $14,813,950.40. This represents a 26.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Bridget E. Engle sold 30,000 shares of Wells Fargo & Company stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $87.10, for a total value of $2,613,000.00. Following the transaction, the executive vice president owned 83,478 shares in the company, valued at $7,270,933.80. This trade represents a 26.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 115,000 shares of company stock valued at $10,050,000. Company insiders own 0.08% of the company’s stock.
Wells Fargo & Company Stock Down 1.9%
Wells Fargo & Company (NYSE:WFC – Get Free Report) last announced its quarterly earnings results on Wednesday, January 14th. The financial services provider reported $1.76 earnings per share for the quarter, topping analysts’ consensus estimates of $1.66 by $0.10. Wells Fargo & Company had a net margin of 17.27% and a return on equity of 12.90%. The company had revenue of $21.29 billion for the quarter, compared to analysts’ expectations of $21.63 billion. During the same period last year, the firm posted $1.43 earnings per share. The business’s quarterly revenue was up 4.5% compared to the same quarter last year. Analysts forecast that Wells Fargo & Company will post 5.89 earnings per share for the current year.
Wells Fargo & Company Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Sunday, March 1st. Shareholders of record on Friday, February 6th were issued a dividend of $0.45 per share. The ex-dividend date was Friday, February 6th. This represents a $1.80 annualized dividend and a yield of 2.3%. Wells Fargo & Company’s payout ratio is currently 28.71%.
Trending Headlines about Wells Fargo & Company
Here are the key news stories impacting Wells Fargo & Company this week:
- Positive Sentiment: Wells Fargo filed a trademark for “WFUSD” covering tokenization, crypto payments, exchange and wallet services — a visible signal the bank may pursue a stablecoin/digital‑assets payments effort that could create new fee streams and payment rails if it clears regulators. Wells Fargo Files Plan for WFUSD Digital Assets Effort
- Positive Sentiment: Market activity shows large call‑option volume on WFC, indicating traders are positioning bullishly or hedging ahead of potential catalysts (e.g., digital‑assets initiative, regulatory developments). This speculative demand can support near‑term upside if sentiment improves. Traders Buy High Volume of Call Options on Wells Fargo & Company (NYSE:WFC)
- Positive Sentiment: Analyst commentary highlights that recent regulatory relief could free Wells Fargo to grow its balance sheet and expand fee businesses, which supports the thesis that improved regulatory standing could materially raise returns over the next several quarters. Can Wells Fargo Turn Regulatory Relief Into Sustainable Growth?
- Neutral Sentiment: Wells Fargo is refining its commercial banking products and hiring to pursue middle‑market clients — a strategic move that can lift loan and fee growth over time but is unlikely to produce immediate earnings surprises. Wells Fargo chases lead bank role for middle-market clients
- Neutral Sentiment: Analyst shop activity (Wells Fargo and peers raising targets on other companies) underscores a busy research environment but has limited direct impact on WFC’s near‑term fundamentals. BMO and Wells Fargo Raise Targets on Matador (MTDR) and United Natural Foods (UNFI)
- Negative Sentiment: Wells Fargo shares are trading down on the day amid broader market weakness and profit‑taking; short‑term pressure could persist if macro or sector sentiment remains soft or if investors view the WFUSD filing as raising regulatory risk. Wells Fargo (WFC) Dips More Than Broader Market: What You Should Know
Wall Street Analysts Forecast Growth
Several brokerages have recently commented on WFC. TD Cowen lowered their price target on shares of Wells Fargo & Company from $102.00 to $100.00 and set a “hold” rating for the company in a research report on Thursday, January 15th. Argus raised their price objective on shares of Wells Fargo & Company from $94.00 to $101.00 and gave the company a “buy” rating in a research note on Thursday, January 15th. Barclays lifted their target price on shares of Wells Fargo & Company from $94.00 to $113.00 and gave the stock an “overweight” rating in a report on Monday, January 5th. Evercore reissued an “outperform” rating on shares of Wells Fargo & Company in a research note on Friday, March 6th. Finally, JPMorgan Chase & Co. lifted their price objective on Wells Fargo & Company from $99.00 to $99.50 and gave the stock a “neutral” rating in a research note on Monday, February 9th. Thirteen analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $97.03.
View Our Latest Analysis on Wells Fargo & Company
About Wells Fargo & Company
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.
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