Sustainable Insight Capital Management LLC Reduces Stock Position in Wells Fargo & Company $WFC

Sustainable Insight Capital Management LLC cut its stake in Wells Fargo & Company (NYSE:WFC) by 21.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 40,882 shares of the financial services provider’s stock after selling 11,000 shares during the period. Wells Fargo & Company makes up about 1.3% of Sustainable Insight Capital Management LLC’s holdings, making the stock its 22nd largest holding. Sustainable Insight Capital Management LLC’s holdings in Wells Fargo & Company were worth $3,810,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in the stock. RKL Wealth Management LLC grew its position in shares of Wells Fargo & Company by 1.9% in the fourth quarter. RKL Wealth Management LLC now owns 8,126 shares of the financial services provider’s stock valued at $757,000 after purchasing an additional 148 shares in the last quarter. Glaxis Capital Management LLC grew its position in shares of Wells Fargo & Company by 36.1% in the fourth quarter. Glaxis Capital Management LLC now owns 37,697 shares of the financial services provider’s stock valued at $3,513,000 after purchasing an additional 10,000 shares in the last quarter. Great Valley Advisor Group Inc. grew its position in shares of Wells Fargo & Company by 5.8% in the fourth quarter. Great Valley Advisor Group Inc. now owns 24,890 shares of the financial services provider’s stock valued at $2,320,000 after purchasing an additional 1,368 shares in the last quarter. Xponance LLC grew its position in shares of Wells Fargo & Company by 4.4% in the fourth quarter. Xponance LLC now owns 502,070 shares of the financial services provider’s stock valued at $46,793,000 after purchasing an additional 20,967 shares in the last quarter. Finally, UniSuper Management Pty Ltd grew its position in shares of Wells Fargo & Company by 0.6% in the fourth quarter. UniSuper Management Pty Ltd now owns 1,427,647 shares of the financial services provider’s stock valued at $133,057,000 after purchasing an additional 7,820 shares in the last quarter. 75.90% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

WFC has been the subject of a number of analyst reports. Barclays dropped their price target on Wells Fargo & Company from $113.00 to $108.00 and set an “overweight” rating for the company in a research report on Wednesday, April 15th. Piper Sandler restated an “overweight” rating and issued a $94.00 price target (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. KGI Securities lowered Wells Fargo & Company to a “hold” rating in a research report on Thursday, April 16th. Finally, JPMorgan Chase & Co. dropped their price target on Wells Fargo & Company from $91.00 to $86.50 and set a “neutral” rating for the company in a research report on Thursday, April 30th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $97.53.

Wells Fargo & Company Trading Up 0.6%

Shares of Wells Fargo & Company stock opened at $82.45 on Friday. The firm has a market capitalization of $252.32 billion, a price-to-earnings ratio of 12.72, a PEG ratio of 0.96 and a beta of 0.93. Wells Fargo & Company has a fifty-two week low of $71.93 and a fifty-two week high of $97.76. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.90 and a current ratio of 0.90. The stock has a 50 day moving average of $79.50 and a 200 day moving average of $84.67.

Wells Fargo & Company (NYSE:WFC) last issued its quarterly earnings data 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. The company had revenue of $11.62 billion during the quarter, compared to analyst estimates of $21.85 billion. Wells Fargo & Company had a return on equity of 13.27% and a net margin of 17.26%.The firm’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same period in the prior year, the business posted $1.39 earnings per share. As a group, 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 disclosed a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Friday, May 8th were given a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 2.2%. The ex-dividend date was Friday, May 8th. Wells Fargo & Company’s dividend payout ratio is presently 27.78%.

Key Wells Fargo & Company News

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

• Positive Sentiment: Management reiterated a roughly $50 billion 2026 net interest income target and signaled stronger second-quarter NII, which suggests earnings momentum could improve if loan and deposit trends hold. Wells Fargo’s Long-Dated Funding And NII Outlook Might Change The Case For Investing In WFC
• Positive Sentiment: Wells Fargo continues to attract attention as a dividend stock, reinforcing its appeal for income-focused investors and supporting the valuation case. Why Wells Fargo (WFC) is a Top Dividend Stock for Your Portfolio
• Positive Sentiment: Wells Fargo Advisors’ FiNet unit added a $650 million advisory team from Stifel, a modest sign of franchise growth in wealth management. Wells Fargo’s FiNet Recruits $650 Million Team From Stifel
• Neutral Sentiment: The company also received more supportive coverage around a $1.2 million community grant, which highlights capital-allocation and community-impact efforts but is unlikely to materially move the stock. Wells Fargo Grant Highlights Community Focus And Potential Valuation Upside
• Negative Sentiment: Headlines that the DOJ subpoenaed Wells Fargo in a widening debanking probe add regulatory overhang and could pressure sentiment until there is more clarity. JPMorgan, BofA, Wells Fargo Subpoenaed By DOJ In Trump’s Explosive ‘Debanking’ Crackdown: Report

Wells Fargo & 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.