Loews Corp Sells 15,000 Shares of Wells Fargo & Company $WFC

Loews Corp cut its stake in Wells Fargo & Company (NYSE:WFC) by 7.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 200,000 shares of the financial services provider’s stock after selling 15,000 shares during the period. Wells Fargo & Company makes up approximately 0.1% of Loews Corp’s holdings, making the stock its 10th largest holding. Loews Corp’s holdings in Wells Fargo & Company were worth $16,764,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of WFC. Laird Norton Wetherby Wealth Management LLC increased its stake in Wells Fargo & Company by 4.2% in the 3rd quarter. Laird Norton Wetherby Wealth Management LLC now owns 52,885 shares of the financial services provider’s stock valued at $4,433,000 after purchasing an additional 2,150 shares in the last quarter. Larson Financial Group LLC raised its holdings in Wells Fargo & Company by 1.7% during the third quarter. Larson Financial Group LLC now owns 12,367 shares of the financial services provider’s stock worth $1,037,000 after purchasing an additional 210 shares during the last quarter. Lighthouse Investment Partners LLC boosted its position in Wells Fargo & Company by 409.2% during the third quarter. Lighthouse Investment Partners LLC now owns 58,480 shares of the financial services provider’s stock worth $4,902,000 after purchasing an additional 77,391 shares in the last quarter. JPL Wealth Management LLC purchased a new stake in Wells Fargo & Company during the third quarter worth $251,000. Finally, Hilltop Holdings Inc. grew its holdings in Wells Fargo & Company by 11.1% in the third quarter. Hilltop Holdings Inc. now owns 21,622 shares of the financial services provider’s stock valued at $1,812,000 after purchasing an additional 2,163 shares during the last quarter. 75.90% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on WFC. Robert W. Baird upgraded Wells Fargo & Company from an “underperform” rating to a “neutral” rating and set a $85.00 price target for the company in a research report on Friday, February 13th. Evercore reiterated an “outperform” rating on shares of Wells Fargo & Company in a research report on Friday, March 6th. CICC Research assumed coverage on shares of Wells Fargo & Company in a research note on Wednesday, January 14th. They issued a “market perform” rating and a $96.00 price objective on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Wells Fargo & Company in a report on Wednesday, January 21st. Finally, Barclays lifted their target price on shares of Wells Fargo & Company from $94.00 to $113.00 and gave the stock an “overweight” rating in a research report on Monday, January 5th. Thirteen equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat, Wells Fargo & Company presently has an average rating of “Moderate Buy” and a consensus target price of $97.03.

Wells Fargo & Company Stock Up 2.1%

Shares of NYSE:WFC opened at $75.69 on Tuesday. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 1.05. Wells Fargo & Company has a 52-week low of $58.42 and a 52-week high of $97.76. The stock’s fifty day simple moving average is $87.31 and its 200-day simple moving average is $86.49. The company has a market capitalization of $233.54 billion, a P/E ratio of 12.07, a P/E/G ratio of 0.81 and a beta of 1.08.

Wells Fargo & Company (NYSE:WFC) last posted its quarterly earnings data on Wednesday, January 14th. The financial services provider reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.66 by $0.10. The business had revenue of $21.29 billion for the quarter, compared to analyst estimates of $21.63 billion. Wells Fargo & Company had a return on equity of 12.90% and a net margin of 17.27%.The business’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same quarter last year, the company earned $1.43 earnings per share. As a group, equities research analysts forecast that Wells Fargo & Company will post 5.89 earnings per share for the current fiscal year.

Wells Fargo & Company Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Sunday, March 1st. Shareholders of record on Friday, February 6th were paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend was Friday, February 6th. Wells Fargo & Company’s dividend payout ratio (DPR) is currently 28.71%.

Insiders Place Their Bets

In other news, EVP Bridget E. Engle sold 30,000 shares of Wells Fargo & Company stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $87.10, for a total transaction of $2,613,000.00. Following the completion of the sale, the executive vice president directly owned 83,478 shares in the company, valued at $7,270,933.80. The trade was a 26.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Kleber Santos sold 25,000 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $87.72, for a total transaction of $2,193,000.00. Following the completion of the transaction, the executive vice president directly owned 79,876 shares of the company’s stock, valued at approximately $7,006,722.72. This represents a 23.84% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 115,000 shares of company stock valued at $10,050,000 in the last ninety days. Insiders own 0.08% of the company’s stock.

Wells Fargo & Company News Summary

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

• Positive Sentiment: NAHB/Wells Fargo Housing Market Index ticked up to 38 in March from 37 in February — a small improvement in builder confidence that, while still below the 50 expansion threshold, suggests modestly firmer demand for mortgages and home lending activity. U.S. Homebuilder Confidence Improves Modestly In March
• Positive Sentiment: Wells Fargo’s head of AI outlines a playbook aimed at keeping skills current and applying AI across bank workflows — signals of potential efficiency gains and product/operations improvements that could support margins over time. Wells Fargo’s head of AI shares his playbook
• Neutral Sentiment: Wells Fargo research warns that a sustained oil-price shock could tip the U.S. into recession — a macro scenario investors should watch because it would affect loan demand and credit quality across banks. What Would It Take to Tip the Economy into Recession?
• Neutral Sentiment: Wells Fargo analysts are active on tech names: a top analyst’s recent coverage (including a raised Micron target and other “strong buy” ratings) highlights the bank’s research visibility but has limited direct bearing on WFC’s fundamentals. These research moves can influence market flow but not WFC earnings directly. 3 Tech Stocks Rated ‘Strong Buy’ by Wells Fargo’s Top Analyst
• Neutral Sentiment: Separate Wells Fargo analyst note raising Micron (MU) price target ahead of Q2 results is driving activity in semiconductor names; this is tangential market news from WFC’s research arm rather than the bank itself. Top Wells Fargo Analyst Raises Micron Stock (MU) Price Target
• Neutral Sentiment: Micron Q2 preview from the market press (referenced by Wells Fargo analysts) is boosting tech volatility; again, this is market noise tied to WFC’s research presence rather than bank operations. Micron Q2 Earnings Preview
• Neutral Sentiment: Industry coverage on cybersecurity vendor Check Point and shifting growth expectations is not directly relevant to Wells Fargo’s business, but reflects the broader re‑rating environment in tech that can affect market sentiment. How The Check Point (CHKP) Investment Story Is Shifting
• Negative Sentiment: Analysis warns of mounting pressure on Wells Fargo (and Deutsche Bank) from private credit exposure and shadow-banking instability — items that raise investor concerns about hidden credit risk and regulatory/market spillovers for large banks. This is a direct negative narrative that can weigh on the stock if concerns escalate. Now It’s Wells Fargo And Deutsche Bank

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.