Roberts Capital Advisors LLC Invests $705,000 in Wells Fargo & Company $WFC

Roberts Capital Advisors LLC bought a new stake in Wells Fargo & Company (NYSE:WFC) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 8,405 shares of the financial services provider’s stock, valued at approximately $705,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Redmont Wealth Advisors LLC bought a new stake in Wells Fargo & Company during the 3rd quarter worth about $27,000. Marquette Asset Management LLC increased its position in shares of Wells Fargo & Company by 472.4% in the third quarter. Marquette Asset Management LLC now owns 332 shares of the financial services provider’s stock valued at $28,000 after acquiring an additional 274 shares during the last quarter. Grey Fox Wealth Advisors LLC bought a new stake in Wells Fargo & Company during the third quarter worth about $30,000. Kilter Group LLC acquired a new position in Wells Fargo & Company during the second quarter valued at approximately $31,000. Finally, Main Street Group LTD grew its stake in Wells Fargo & Company by 36.9% in the third quarter. Main Street Group LTD now owns 438 shares of the financial services provider’s stock valued at $37,000 after purchasing an additional 118 shares in the last quarter. 75.90% of the stock is currently owned by institutional investors and hedge funds.

Wells Fargo & Company Stock Performance

Shares of NYSE WFC opened at $76.85 on Thursday. Wells Fargo & Company has a 12 month low of $58.42 and a 12 month high of $97.76. The stock has a 50 day moving average of $88.50 and a 200-day moving average of $86.59. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 1.05. The company has a market capitalization of $237.13 billion, a P/E ratio of 12.26, a P/E/G ratio of 0.85 and a beta of 1.08.

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

Wells Fargo & Company Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Sunday, March 1st. Shareholders of record on Friday, February 6th were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend was Friday, February 6th. Wells Fargo & Company’s dividend payout ratio is currently 28.71%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on WFC. Evercore reaffirmed an “outperform” rating on shares of Wells Fargo & Company in a report on Friday, March 6th. HSBC reissued a “hold” rating and set a $74.00 target price on shares of Wells Fargo & Company in a report on Wednesday, January 7th. Weiss Ratings reissued a “buy (b)” rating on shares of Wells Fargo & Company in a research note on Wednesday, January 21st. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $100.00 price target on shares of Wells Fargo & Company in a research note on Thursday, January 15th. Finally, Argus lifted their price objective on shares of Wells Fargo & Company from $94.00 to $101.00 and gave the company a “buy” rating in a report on Thursday, January 15th. Thirteen research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $97.03.

Insiders Place Their Bets

In related news, EVP Kleber Santos sold 25,000 shares of the company’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $87.72, for a total transaction of $2,193,000.00. Following the completion of the sale, the executive vice president owned 79,876 shares in the company, valued at approximately $7,006,722.72. This represents a 23.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 completion of 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. Insiders have sold 115,000 shares of company stock worth $10,050,000 in the last 90 days. Company insiders own 0.08% of the company’s stock.

Key Stories Impacting Wells Fargo & Company

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

• Positive Sentiment: Wells Fargo filed a U.S. trademark for “WFUSD,” describing services for tokenization, crypto trading, payments, wallets and staking — a visible signal the bank may launch a branded digital-asset/payments platform or stablecoin, which could open new fee and payments revenue if executed. Wells Fargo ‘WFUSD’ Trademark Filing Sparks Speculation about New Bank Stablecoin
• Positive Sentiment: Multiple outlets reported the WFUSD filing and described broad crypto services (trading/exchange, payments processing, tokenization), increasing investor awareness and speculation about incremental revenue streams. Wells Fargo Files Plan for WFUSD Digital Assets Effort Wells Fargo files WFUSD trademark for crypto payments and trading
• Positive Sentiment: Unusually high call-option volume shows traders positioning for upside, which can foreshadow momentum moves if catalysts (like official product/partnership announcements) follow. Traders Buy High Volume of Call Options on Wells Fargo & Company (NYSE:WFC)
• Positive Sentiment: Analyst commentary and coverage highlight structural tailwinds: regulatory relief that can free balance-sheet growth and fee expansion, and a strategic push to win middle-market commercial banking clients — both support medium-term revenue/earnings upside. Can Wells Fargo Turn Regulatory Relief Into Sustainable Growth? Wells Fargo chases lead bank role for middle-market clients
• Neutral Sentiment: Coverage noting Wells Fargo analysts raising price targets on other companies reflects active research capabilities, but it doesn’t directly affect WFC’s fundamentals. BMO and Wells Fargo Raise Targets on Matador (MTDR) and United Natural Foods (UNFI)
• Negative Sentiment: Despite the positive headlines, shares are trading down and sit below the 50- and 200-day moving averages — a technical weakness that can prompt selling or limit upside until clarity on execution/regulation for digital-asset initiatives arrives. Major Wall Street bank files mysterious new trademark

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.