Naviter Wealth LLC lessened its stake in Wells Fargo & Company (NYSE:WFC – Free Report) by 16.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 31,545 shares of the financial services provider’s stock after selling 6,205 shares during the period. Naviter Wealth LLC’s holdings in Wells Fargo & Company were worth $2,940,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in WFC. Redmont Wealth Advisors LLC acquired a new position in Wells Fargo & Company during the 3rd quarter worth approximately $27,000. Marquette Asset Management LLC increased its position in 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 purchasing an additional 274 shares during the period. Grey Fox Wealth Advisors LLC acquired a new position in Wells Fargo & Company during the 3rd quarter worth approximately $30,000. Imprint Wealth LLC acquired a new position in Wells Fargo & Company during the 3rd quarter worth approximately $31,000. Finally, Aventus Investment Advisors Inc. acquired a new position in Wells Fargo & Company during the 3rd quarter worth approximately $37,000. Institutional investors and hedge funds own 75.90% of the company’s stock.
Insider Transactions at Wells Fargo & Company
In other news, EVP Kleber Santos sold 25,000 shares of the firm’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 sale, the executive vice president owned 79,876 shares in the company, valued at $7,006,722.72. This trade represents a 23.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Bridget E. Engle sold 30,000 shares of the firm’s stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $87.10, for a total value of $2,613,000.00. Following the sale, 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 115,000 shares of company stock worth $10,050,000 over the last quarter. 0.08% of the stock is currently owned by insiders.
Key Stories Impacting Wells Fargo & Company
- Positive Sentiment: Jefferies initiated coverage with a Buy and $100 target, arguing Wells Fargo is entering a multi‑year recovery; that endorsement supports upside expectations and investor confidence. Here’s Why Jefferies Remains a Buy on Wells Fargo & Company (WFC)
- Positive Sentiment: Wells Fargo Investment Institute now expects no Fed rate cuts in 2026 — a higher-for-longer rate outlook generally benefits bank net interest margins, which is constructive for WFC’s core earnings. Wells Fargo no longer expects Fed rate cuts in 2026 as Iran war drags on
- Positive Sentiment: WFC completed senior unsecured note offerings (2029–2046) and broadened FX payments capabilities via partnerships, moves that improve funding diversification and expand fee‑income opportunities with community bank workflows. Is Wells Fargo (WFC) Quietly Redefining Its Balance Sheet Strategy With New Notes and FX Deals?
- Neutral Sentiment: Wells Fargo announced a $6M philanthropic commitment to West Charlotte — positive for reputation and local franchise strength but likely limited near‑term impact on earnings. Wells Fargo Helps Drive Growth in West Charlotte with $6 Million
- Negative Sentiment: JPMorgan trimmed its WFC price target (from $99.50 to $91) and set a Neutral rating — analyst downgrades or target cuts can weigh on sentiment even if they still imply upside. Wells Fargo price target lowered by JPMorgan
- Negative Sentiment: Several previews (Zacks, others) suggest Wells Fargo lacks the right setup to deliver an earnings beat next week — investor caution ahead of results can pressure the shares. Wells Fargo (WFC) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
- Negative Sentiment: Marketwide volatility has spiked (Bloomberg “freak out” indicator), increasing trading turnover and risk aversion — higher macro/geopolitical volatility tends to hurt financial stocks on sentiment and potential credit/funding concerns. ‘Freak out’ indicator soars to record with war sparking trader anxiety
Wells Fargo & Company Price Performance
WFC stock opened at $81.69 on Wednesday. Wells Fargo & Company has a 1 year low of $59.43 and a 1 year high of $97.76. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.90 and a current ratio of 0.90. The stock’s 50 day moving average price is $83.55 and its 200 day moving average price is $86.20. The firm has a market cap of $252.07 billion, a P/E ratio of 13.03, a PEG ratio of 0.86 and a beta of 1.06.
Wells Fargo & Company (NYSE:WFC – Get Free Report) last posted its earnings results on Wednesday, January 14th. The financial services provider reported $1.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.66 by $0.10. Wells Fargo & Company had a return on equity of 12.90% and a net margin of 17.27%.The firm had revenue of $21.29 billion for the quarter, compared to analyst estimates of $21.63 billion. During the same quarter in the prior year, the company earned $1.43 EPS. Wells Fargo & Company’s revenue was up 4.5% on a year-over-year basis. On average, sell-side analysts expect that Wells Fargo & Company will post 5.89 earnings per share for the current fiscal year.
Wells Fargo & Company Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Sunday, March 1st. Shareholders of record on Friday, February 6th were paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Friday, February 6th. Wells Fargo & Company’s dividend payout ratio is currently 28.71%.
Analyst Ratings Changes
Several research firms have issued reports on WFC. Morgan Stanley dropped their target price on Wells Fargo & Company from $108.00 to $100.00 and set an “equal weight” rating on the stock in a research report on Tuesday, March 31st. HSBC upgraded Wells Fargo & Company from a “hold” rating to a “buy” rating and set a $94.00 target price on the stock in a research report on Wednesday, April 1st. Jefferies Financial Group began coverage on Wells Fargo & Company in a research report on Thursday, March 26th. They set a “buy” rating and a $100.00 target price on the stock. UBS Group reiterated a “buy” rating and set a $113.00 target price on shares of Wells Fargo & Company in a research report on Wednesday, February 4th. Finally, TD Cowen dropped their target price on Wells Fargo & Company from $102.00 to $100.00 and set a “hold” rating on the stock in a research report on Thursday, January 15th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $97.70.
View Our Latest Report 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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