Rakuten Investment Management Inc. Invests $3.50 Million in Wells Fargo & Company $WFC

Rakuten Investment Management Inc. purchased a new stake in Wells Fargo & Company (NYSE:WFC) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 41,807 shares of the financial services provider’s stock, valued at approximately $3,504,000.

A number of other hedge funds also recently bought and sold shares of WFC. Samalin Investment Counsel LLC raised its holdings in shares of Wells Fargo & Company by 7.2% during the third quarter. Samalin Investment Counsel LLC now owns 4,957 shares of the financial services provider’s stock valued at $416,000 after acquiring an additional 333 shares during the period. Migdal Insurance & Financial Holdings Ltd. grew its position in Wells Fargo & Company by 1,618.4% during the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 10,362 shares of the financial services provider’s stock worth $872,000 after purchasing an additional 9,759 shares in the last quarter. Vest Financial LLC raised its stake in Wells Fargo & Company by 23.8% during the 3rd quarter. Vest Financial LLC now owns 46,994 shares of the financial services provider’s stock valued at $3,939,000 after purchasing an additional 9,036 shares during the period. Joel Isaacson & Co. LLC lifted its holdings in shares of Wells Fargo & Company by 22.9% in the third quarter. Joel Isaacson & Co. LLC now owns 57,328 shares of the financial services provider’s stock valued at $4,805,000 after purchasing an additional 10,698 shares in the last quarter. Finally, Demars Financial Group LLC purchased a new stake in shares of Wells Fargo & Company in the third quarter valued at $253,000. 75.90% of the stock is owned by hedge funds and other institutional investors.

Wells Fargo & Company Trading Up 2.3%

NYSE:WFC opened at $88.08 on Friday. The company has a market capitalization of $276.49 billion, a P/E ratio of 14.05, a P/E/G ratio of 0.93 and a beta of 1.09. The stock’s 50 day moving average price is $90.29 and its 200 day moving average price is $84.94. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.84 and a current ratio of 0.90. Wells Fargo & Company has a 52 week low of $58.42 and a 52 week high of $97.76.

Wells Fargo & Company (NYSE:WFC) last posted its earnings results on Wednesday, January 14th. The financial services provider reported $1.76 EPS for the quarter, topping the consensus estimate of $1.66 by $0.10. Wells Fargo & Company had a net margin of 17.27% and a return on equity of 12.90%. The company had revenue of $21.29 billion during the quarter, compared to the consensus estimate of $21.63 billion. During the same period in the previous year, the firm posted $1.43 earnings per share. The company’s revenue for the quarter was up 4.5% compared to the same quarter last year. On average, research analysts forecast that Wells Fargo & Company will post 5.89 EPS for the current fiscal year.

Wells Fargo & Company Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Friday, November 7th were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend was Friday, November 7th. Wells Fargo & Company’s dividend payout ratio is presently 28.71%.

Analysts Set New Price Targets

Several research firms recently weighed in on WFC. Royal Bank Of Canada reissued an “outperform” rating and set a $100.00 price target on shares of Wells Fargo & Company in a research report on Thursday, January 15th. Robert W. Baird downgraded Wells Fargo & Company from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 6th. Wolfe Research reissued an “outperform” rating and issued a $109.00 price target on shares of Wells Fargo & Company in a research report on Wednesday, January 7th. Cfra Research raised shares of Wells Fargo & Company to a “moderate buy” rating in a research report on Wednesday, October 15th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Wells Fargo & Company in a research note on Wednesday. Thirteen equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Wells Fargo & Company has an average rating of “Moderate Buy” and a consensus price target of $94.87.

Wells Fargo & Company News Summary

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

• Positive Sentiment: Preliminary court approval of a derivative settlement eases a legal overhang and lowers potential future liabilities, which reduces execution risk for the bank. Wells Fargo Wins Preliminary Approval of Derivative Settlement
• Positive Sentiment: CEO commentary that “growth will be stronger than people expect” signals management confidence on revenue and business-line momentum; investors often reward credible, above-consensus forward commentary. Wells Fargo CEO: ‘Growth to be stronger than people expect’
• Positive Sentiment: Wells Fargo is expanding its wealth business footprint — publicly reported hires (12 advisers added) and a planned relocation of wealth management headquarters to West Palm Beach point to strategic investment in higher‑fee businesses. That can support revenue diversification and higher-margin growth over time. Wells Fargo & Co. Adds 12 Advisers Wells Fargo to Move Wealth Headquarters to West Palm Beach
• Neutral Sentiment: Quarterly recap of the big banks notes mixed results: Wells Fargo delivered an EPS beat in its recent quarter but missed revenue (one-time items cited). That pattern supports profitability metrics but tempers top-line momentum. Bank Stocks: Another Quarter of Double-Digit S&P 500 Earnings Growth?
• Neutral Sentiment: Wells Fargo’s research team is busy and visible (notes on chip shortages, analyst coverage actions). Research flow increases the firm’s market influence but is not an immediate driver of WFC share fundamentals. TSLA, BYD Face Memory Chip Shortage in 2026, Wells Fargo Warns Wells Fargo & Company (WFC) is Attracting Investor Attention

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.