Lbp Am Sa Trims Stake in Wells Fargo & Company $WFC

Lbp Am Sa cut its stake in Wells Fargo & Company (NYSE:WFC) by 28.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 24,822 shares of the financial services provider’s stock after selling 9,789 shares during the quarter. Lbp Am Sa’s holdings in Wells Fargo & Company were worth $2,081,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Access Investment Management LLC purchased a new stake in Wells Fargo & Company during the second quarter worth $25,000. McElhenny Sheffield Capital Management LLC acquired a new stake in Wells Fargo & Company during the 2nd quarter worth $27,000. Marquette Asset Management LLC grew its holdings in shares of Wells Fargo & Company by 472.4% during the third quarter. Marquette Asset Management LLC now owns 332 shares of the financial services provider’s stock worth $28,000 after buying an additional 274 shares in the last quarter. Grey Fox Wealth Advisors LLC purchased a new position in shares of Wells Fargo & Company in the third quarter worth about $30,000. Finally, Kilter Group LLC acquired a new position in Wells Fargo & Company during the second quarter worth about $31,000. Institutional investors and hedge funds own 75.90% of the company’s stock.

Key Wells Fargo & Company News

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

• Positive Sentiment: Board approved a quarterly common dividend of $0.45 per share (payable Mar. 1; record Feb. 6) — strengthens cash return to shareholders and supports yield-sensitive demand for the stock. Wells Fargo & Company Announces Common Stock Dividend
• Positive Sentiment: Appointed Faraz Shafiq (former AWS executive) as Head of AI Products & Solutions — a strategic hire that signals commitment to AI-driven product development, operational efficiency and competitive differentiation in banking. Wells Fargo Appoints AWS Exec Faraz Shafiq as Head of AI Products and Solutions
• Positive Sentiment: Joined Lockheed Martin, PG&E and Salesforce in EMBERPOINT™, an AI-powered wildfire prevention/response venture — showcases partnership capability, ESG engagement, and potential for product/service contracts with utilities and governments. Lockheed Martin, PG&E Corporation, Salesforce and Wells Fargo Launch EMBERPOINT™ to Transform America’s Wildfire Prevention, Detection and Response
• Neutral Sentiment: Industry context: major banks are investing heavily in generative AI — supports Wells Fargo’s AI hires but is a sector-wide trend rather than a unique catalyst. From JPMorgan to Wells Fargo, here’s how the biggest banks on Wall Street are using AI
• Neutral Sentiment: Wells Fargo research activity (coverage changes on energy and tech names) is notable for market color but doesn’t directly move WFC fundamentals. Magnolia Oil raised, Matador Resources cut at Wells Fargo amid uncertain oil macro
• Negative Sentiment: Analyst scrutiny persists after Q4: a small TD Cowen price-target trim and commentary on a top-line miss keep some investors cautious about sustainable revenue growth. Why Analysts Are Closely Watching Wells Fargo & Company (WFC)
• Negative Sentiment: Media commentary (Jim Cramer) highlighting earlier share weakness and consumer/payments-related scrutiny may add short-term selling pressure for some investors. Jim Cramer Discusses Wells Fargo (WFC) & Trump Credit Card Cap

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Argus upped their target price on Wells Fargo & Company from $94.00 to $101.00 and gave the company a “buy” rating in a report on Thursday, January 15th. Dbs Bank raised shares of Wells Fargo & Company to a “moderate buy” rating in a report on Tuesday, October 21st. Bank of America lifted their target price on shares of Wells Fargo & Company from $92.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday, October 15th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $100.00 target price on shares of Wells Fargo & Company in a report on Thursday, January 15th. Finally, TD Cowen dropped their price target on shares of Wells Fargo & Company from $102.00 to $100.00 and set a “hold” rating for the company in a research note on Thursday, January 15th. Thirteen 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 company’s stock. Based on data from MarketBeat.com, Wells Fargo & Company currently has a consensus rating of “Moderate Buy” and an average price target of $94.87.

Wells Fargo & Company Trading Up 0.7%

Shares of WFC stock opened at $88.71 on Wednesday. Wells Fargo & Company has a 1-year low of $58.42 and a 1-year high of $97.76. The firm has a market cap of $278.47 billion, a PE ratio of 14.15, a price-to-earnings-growth ratio of 0.96 and a beta of 1.09. The company has a 50-day moving average of $90.52 and a two-hundred day moving average of $85.10. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.90 and a quick ratio of 0.84.

Wells Fargo & Company (NYSE:WFC) last announced its earnings results on Wednesday, January 14th. The financial services provider reported $1.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.66 by $0.10. Wells Fargo & Company had a return on equity of 12.90% and a net margin of 17.27%.The company had revenue of $11.97 billion for the quarter, compared to analyst estimates of $21.63 billion. During the same quarter in the previous year, the company earned $1.43 earnings per share. The firm’s quarterly revenue was up 4.5% compared to the same quarter last year. On average, analysts predict that Wells Fargo & Company will post 5.89 EPS for the current year.

Wells Fargo & Company Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, March 1st. Shareholders of record on Friday, February 6th will be issued a dividend of $0.45 per share. The ex-dividend date of this dividend is Friday, February 6th. This represents a $1.80 annualized dividend and a dividend yield of 2.0%. Wells Fargo & Company’s dividend payout ratio (DPR) is presently 28.71%.

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.