Sunpointe LLC Boosts Holdings in Wells Fargo & Company $WFC

Sunpointe LLC grew its stake in shares of Wells Fargo & Company (NYSE:WFC) by 227.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,790 shares of the financial services provider’s stock after acquiring an additional 10,269 shares during the quarter. Sunpointe LLC’s holdings in Wells Fargo & Company were worth $1,222,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Brighton Jones LLC increased its position in Wells Fargo & Company by 62.3% during the fourth quarter. Brighton Jones LLC now owns 66,233 shares of the financial services provider’s stock worth $4,652,000 after purchasing an additional 25,436 shares during the last quarter. Jump Financial LLC boosted its holdings in shares of Wells Fargo & Company by 12.9% in the 2nd quarter. Jump Financial LLC now owns 22,904 shares of the financial services provider’s stock valued at $1,835,000 after purchasing an additional 2,615 shares during the last quarter. Main Street Financial Solutions LLC grew its stake in shares of Wells Fargo & Company by 111.0% during the 2nd quarter. Main Street Financial Solutions LLC now owns 14,008 shares of the financial services provider’s stock valued at $1,122,000 after buying an additional 7,368 shares during the period. Vivaldi Capital Management LP grew its stake in shares of Wells Fargo & Company by 5.4% during the 2nd quarter. Vivaldi Capital Management LP now owns 3,229 shares of the financial services provider’s stock valued at $259,000 after buying an additional 165 shares during the period. Finally, Diversify Advisory Services LLC increased its holdings in shares of Wells Fargo & Company by 51.2% during the 2nd quarter. Diversify Advisory Services LLC now owns 25,718 shares of the financial services provider’s stock worth $2,044,000 after buying an additional 8,714 shares during the last quarter. 75.90% of the stock is owned by institutional investors and hedge funds.

More Wells Fargo & Company News

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

• Positive Sentiment: Wells Fargo still appears attractively valued. A recent analysis said the stock trades below its estimated fair value, while its dividend profile and exposure to a rotation into financial stocks could provide support. However, the bank’s 126.5% three-year total return means investors may be questioning how much future improvement is already reflected in the share price. Wells Fargo Stock Looks Cheap on Fair Value but Full on Earnings
• Positive Sentiment: Dividend-focused coverage described Wells Fargo as a potentially appealing income investment, which may attract investors seeking bank dividends. This is supportive for the long-term investment case, although the article does not identify a new dividend increase or other immediate catalyst. Wells Fargo Could Be a Great Choice
• Neutral Sentiment: Wells Fargo established a new Series HH preferred stock through a certificate of designation. The move may support capital-raising and funding flexibility, but the announcement provides limited information about the size, terms, or near-term effect on common shareholders. Wells Fargo Establishes New Series HH Preferred Stock
• Negative Sentiment: Wells Fargo lagged Bank of America and especially BNY Mellon in 2026, highlighting weaker relative investor performance and potentially prompting portfolio rotation away from WFC. Which Big Bank Stock Has Dominated in 2026
• Negative Sentiment: One market review noted that WFC declined even as market conditions improved, suggesting stock-specific profit-taking or investor concern about valuation and earnings expectations. The company’s latest reported quarter was strong, so the selling appears more related to expectations than an earnings miss. Wells Fargo Stock Declines While Market Improves

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Raymond James Financial reissued a “market perform” rating on shares of Wells Fargo & Company in a research report on Tuesday, July 14th. Phillip Securities raised Wells Fargo & Company from a “moderate buy” rating to a “strong-buy” rating in a research note on Thursday, May 7th. Morgan Stanley raised their price target on shares of Wells Fargo & Company from $97.00 to $102.00 and gave the company an “equal weight” rating in a report on Monday, June 29th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Wells Fargo & Company in a research report on Friday, July 17th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Wells Fargo & Company from $93.50 to $95.50 and gave the stock a “neutral” rating in a research note on Wednesday, July 29th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, Wells Fargo & Company currently has an average rating of “Moderate Buy” and a consensus target price of $98.61.

Wells Fargo & Company Price Performance

Shares of NYSE WFC opened at $85.92 on Thursday. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.90 and a quick ratio of 0.90. Wells Fargo & Company has a 1-year low of $72.78 and a 1-year high of $97.76. The company has a market capitalization of $259.81 billion, a price-to-earnings ratio of 12.49, a PEG ratio of 0.95 and a beta of 0.92. The business has a 50-day moving average of $86.05 and a 200-day moving average of $83.01.

Wells Fargo & Company (NYSE:WFC) last released its quarterly earnings results on Tuesday, July 14th. The financial services provider reported $1.96 EPS for the quarter, topping the consensus estimate of $1.73 by $0.23. The firm had revenue of $22.62 billion for the quarter, compared to analyst estimates of $21.86 billion. Wells Fargo & Company had a return on equity of 13.85% and a net margin of 17.55%.Wells Fargo & Company’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same period in the previous year, the company posted $1.60 EPS. On average, equities analysts anticipate that Wells Fargo & Company will post 7.26 EPS for the current fiscal year.

Wells Fargo & Company Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 7th will be paid a dividend of $0.50 per share. This is an increase from Wells Fargo & Company’s previous quarterly dividend of $0.45. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Friday, August 7th. Wells Fargo & Company’s payout ratio is 29.07%.

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.