Myriad Asset Management Advisors LLC Buys Shares of 26,749 Wells Fargo & Company $WFC

Myriad Asset Management Advisors LLC bought a new stake in Wells Fargo & Company (NYSE:WFC) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 26,749 shares of the financial services provider’s stock, valued at approximately $2,493,000.

Several other large investors also recently bought and sold shares of WFC. Diversified Trust Co. lifted its position in shares of Wells Fargo & Company by 59.7% in the fourth 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. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Wells Fargo & Company by 19.0% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 532,300 shares of the financial services provider’s stock valued at $49,610,000 after acquiring an additional 84,902 shares in the last quarter. Swiss Life Asset Management Ltd lifted its position in shares of Wells Fargo & Company by 4.2% in the fourth quarter. Swiss Life Asset Management Ltd now owns 350,567 shares of the financial services provider’s stock valued at $32,673,000 after acquiring an additional 14,168 shares in the last quarter. State of New Jersey Common Pension Fund D lifted its position in shares of Wells Fargo & Company by 1.9% in the third quarter. State of New Jersey Common Pension Fund D now owns 1,123,168 shares of the financial services provider’s stock valued at $94,144,000 after acquiring an additional 20,419 shares in the last quarter. Finally, Natixis Advisors LLC lifted its position in shares of Wells Fargo & Company by 4.2% in the third quarter. Natixis Advisors LLC now owns 3,482,885 shares of the financial services provider’s stock valued at $291,935,000 after acquiring an additional 139,659 shares in the last quarter. Institutional investors and hedge funds own 75.90% 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’s CFO said net interest income should step up in the current quarter and reaffirmed the bank’s roughly $50 billion full-year 2026 NII target, signaling stronger underlying earnings power. Reuters: Wells Fargo CFO signals ‘step up’ in interest income in second quarter
• Positive Sentiment: Wells Fargo Advisors’ FiNet unit added a $650 million advisory team from Stifel, reinforcing momentum in wealth management and showing the firm can still attract assets and advisors. Yahoo Finance: Wells Fargo’s FiNet Recruits $650 Million Team From Stifel
• Positive Sentiment: The bank also announced a $1.2 million community wealth grant, which supports its public-facing ESG and community investment narrative. Yahoo Finance: Wells Fargo Grant Highlights Community Focus And Potential Valuation Upside
• Neutral Sentiment: Wells Fargo’s presentation at the Morgan Stanley U.S. Financials Conference kept management in the spotlight, but it did not appear to deliver a major new catalyst on its own. Seeking Alpha: Wells Fargo & Company Presents at Morgan Stanley US Financials Conference 2026 Transcript
• Negative Sentiment: The Justice Department reportedly subpoenaed Wells Fargo as part of a widening investigation into alleged politically motivated debanking, which could add legal and reputational pressure. PYMNTS: Feds Subpoena Wall Street Giants in Widening Debanking Investigation

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on WFC. Keefe, Bruyette & Woods reduced their price objective on Wells Fargo & Company from $101.00 to $98.00 and set a “market perform” rating on the stock in a research report on Wednesday, April 15th. Piper Sandler restated an “overweight” rating and issued a $94.00 price objective (down from $100.00) on shares of Wells Fargo & Company in a research report on Wednesday, April 15th. Phillip Securities upgraded Wells Fargo & Company from a “moderate buy” rating to a “strong-buy” rating in a research report on Thursday, May 7th. Morgan Stanley reduced their price objective 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. Finally, Truist Financial reduced their price objective on Wells Fargo & Company from $98.00 to $94.00 and set a “buy” rating on the stock in a research report on Tuesday, March 17th. Two analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, Wells Fargo & Company has an average rating of “Moderate Buy” and a consensus target price of $97.53.

Wells Fargo & Company Stock Performance

NYSE WFC opened at $81.98 on Thursday. The business’s 50-day moving average price is $79.44 and its 200 day moving average price is $84.67. Wells Fargo & Company has a twelve month low of $71.93 and a twelve month high of $97.76. The company has a market capitalization of $250.88 billion, a PE ratio of 12.65, a price-to-earnings-growth ratio of 0.96 and a beta of 0.93. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 1.12.

Wells Fargo & Company (NYSE:WFC) last released its earnings results on Tuesday, April 14th. The financial services provider reported $1.60 earnings per share for the quarter, topping the consensus estimate of $1.58 by $0.02. Wells Fargo & Company had a return on equity of 13.27% and a net margin of 17.26%.The firm had revenue of $11.62 billion for the quarter, compared to the consensus estimate of $21.85 billion. During the same period in the prior year, the business posted $1.39 earnings per share. The firm’s revenue for the quarter was up 6.4% compared to the same quarter last year. On average, research analysts predict that Wells Fargo & Company will post 6.84 earnings per share for the current year.

Wells Fargo & Company Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Friday, May 8th were given a dividend of $0.45 per share. The ex-dividend date was Friday, May 8th. This represents a $1.80 annualized dividend and a yield of 2.2%. Wells Fargo & Company’s dividend payout ratio is 27.78%.

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.