Wells Fargo & Company $WFC Shares Acquired by Phoenix Wealth Advisors

Phoenix Wealth Advisors lifted its position in shares of Wells Fargo & Company (NYSE:WFC) by 666.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,520 shares of the financial services provider’s stock after purchasing an additional 19,581 shares during the quarter. Phoenix Wealth Advisors’ holdings in Wells Fargo & Company were worth $2,099,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Hilton Capital Management LLC purchased a new position in shares of Wells Fargo & Company during the 2nd quarter worth $3,656,000. Diversified Trust Co. grew its position in Wells Fargo & Company by 59.7% in the 4th quarter. Diversified Trust Co. now owns 35,285 shares of the financial services provider’s stock valued at $3,289,000 after acquiring an additional 13,196 shares in the last quarter. Mawer Investment Management Ltd. acquired a new position in Wells Fargo & Company in the 3rd quarter valued at about $147,165,000. Guerra Advisors Inc grew its position in Wells Fargo & Company by 43.2% in the 3rd quarter. Guerra Advisors Inc now owns 38,439 shares of the financial services provider’s stock valued at $3,222,000 after acquiring an additional 11,594 shares in the last quarter. Finally, AlphaQuest LLC grew its position in Wells Fargo & Company by 1,121.0% in the 3rd quarter. AlphaQuest LLC now owns 24,079 shares of the financial services provider’s stock valued at $2,018,000 after acquiring an additional 22,107 shares in the last quarter. Institutional investors and hedge funds own 75.90% of the company’s stock.

Wells Fargo & Company Price Performance

WFC stock opened at $84.72 on Thursday. The business has a 50 day moving average price of $83.48 and a 200 day moving average price of $86.19. The stock has a market cap of $261.40 billion, a price-to-earnings ratio of 13.51, a PEG ratio of 0.86 and a beta of 1.06. Wells Fargo & Company has a fifty-two week low of $59.43 and a fifty-two week high of $97.76. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 1.05.

Wells Fargo & Company (NYSE:WFC) last posted its 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 firm had revenue of $21.29 billion during the quarter, compared to analysts’ expectations 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 revenue was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.43 earnings per share. Equities research analysts anticipate that Wells Fargo & Company will post 5.89 earnings per share for the current fiscal year.

Wells Fargo & Company Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Sunday, March 1st. Investors of record on Friday, February 6th were paid 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 2.1%. Wells Fargo & Company’s payout ratio is presently 28.71%.

Insider Buying and Selling

In related news, EVP Kleber Santos sold 25,000 shares of the business’s stock in a transaction that occurred 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 $7,006,722.72. The trade was 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 the SEC website. Also, EVP Bridget E. Engle sold 30,000 shares of the business’s stock in a transaction that occurred 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 of the company’s stock, valued at approximately $7,270,933.80. The trade was a 26.44% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 115,000 shares of company stock worth $10,050,000 over the last 90 days. 0.08% of the stock is owned by insiders.

Key Headlines Impacting Wells Fargo & Company

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

• Positive Sentiment: Macro ceasefire lifts banks — Wells Fargo rallied after President Trump announced a two‑week suspension of attacks on Iran, sending oil prices lower and easing immediate growth and cost worries for banks. This was a direct, short‑term positive for WFC. Wells Fargo (WFC) Stock Trades Up, Here Is Why
• Positive Sentiment: Jefferies bullish initiation — Jefferies initiated coverage with a Buy and $100 price target, arguing WFC is starting a multi‑year recovery; that endorsement provides a bullish counterweight to recent cuts. Here’s Why Jefferies Remains a Buy on Wells Fargo & Company (WFC)
• Neutral Sentiment: Earnings preview and expectations — Multiple previews note WFC is expected to report growth but may lack the setup for an obvious beat; investors should focus on loan growth, NII (net interest income) and guidance on Fed‑rate outlook. Wells Fargo (WFC) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
• Neutral Sentiment: Balance‑sheet and product moves — Recent senior note issuances and an expanded FX payments workflow (partnerships enabling community banks to send foreign‑currency wires) signal active funding and fee‑income initiatives; these are constructive but incremental. Is Wells Fargo (WFC) Quietly Redefining Its Balance Sheet Strategy With New Notes and FX Deals?
• Neutral Sentiment: Community investment — A $6M philanthropic investment in West Charlotte improves PR and community lending ties but is unlikely to move near‑term earnings. Wells Fargo Helps Drive Growth in West Charlotte with $6 Million
• Negative Sentiment: Analyst target cuts and caution — JPMorgan trimmed its WFC price target (citing volatility/risk in the banking outlook) and issued a more cautious view, which caps near‑term analyst‑driven upside and can weigh on momentum if other brokers follow. JPMorgan Trims Wells Fargo & Company (WFC) Target, Flags Volatility Risks for Banks

Analyst Ratings Changes

WFC has been the subject of several research reports. JPMorgan Chase & Co. dropped their target price on Wells Fargo & Company from $99.50 to $91.00 and set a “neutral” rating for the company in a research report on Tuesday. Morgan Stanley lowered their price objective on Wells Fargo & Company from $108.00 to $100.00 and set an “equal weight” rating for the company in a research report on Tuesday, March 31st. UBS Group reissued a “buy” rating and set a $113.00 price objective on shares of Wells Fargo & Company in a research report on Wednesday, February 4th. Barclays boosted their price objective on Wells Fargo & Company from $94.00 to $113.00 and gave the stock an “overweight” rating in a research report on Monday, January 5th. Finally, Wolfe Research reissued an “outperform” rating and set a $109.00 price objective on shares of Wells Fargo & Company in a research report on Wednesday, January 7th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $97.70.

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.