Goelzer Investment Management Inc. Purchases 7,363 Shares of Wells Fargo & Company $WFC

Goelzer Investment Management Inc. increased its holdings in Wells Fargo & Company (NYSE:WFC) by 7.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 105,640 shares of the financial services provider’s stock after acquiring an additional 7,363 shares during the quarter. Goelzer Investment Management Inc.’s holdings in Wells Fargo & Company were worth $9,846,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Redmont Wealth Advisors LLC purchased a new position in Wells Fargo & Company during the 3rd quarter valued at about $27,000. Marquette Asset Management LLC boosted its stake 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 valued at $28,000 after purchasing an additional 274 shares in the last quarter. Grey Fox Wealth Advisors LLC bought a new position in shares of Wells Fargo & Company during the third quarter valued at approximately $30,000. Kilter Group LLC purchased a new position in Wells Fargo & Company during the second quarter valued at approximately $31,000. Finally, Imprint Wealth LLC purchased a new position in Wells Fargo & Company during the third quarter valued at approximately $31,000. 75.90% of the stock is currently owned by institutional investors.

Wells Fargo & Company Price Performance

Shares of WFC opened at $77.23 on Friday. The firm has a market capitalization of $238.32 billion, a PE ratio of 12.32, a price-to-earnings-growth ratio of 0.82 and a beta of 1.08. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.90 and a quick ratio of 0.90. Wells Fargo & Company has a 1-year low of $58.42 and a 1-year high of $97.76. The company’s fifty day moving average price is $84.57 and its 200-day moving average price is $86.25.

Wells Fargo & Company (NYSE:WFC) last issued its earnings results on Wednesday, January 14th. The financial services provider reported $1.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.66 by $0.10. The company had revenue of $21.29 billion during 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 firm’s quarterly revenue was up 4.5% on a year-over-year basis. During the same quarter last year, the business posted $1.43 EPS. On average, equities research 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 was paid on Sunday, March 1st. Stockholders of record on Friday, February 6th were issued a $0.45 dividend. The ex-dividend date of this dividend was Friday, February 6th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.3%. Wells Fargo & Company’s dividend payout ratio is currently 28.71%.

Insider Transactions at Wells Fargo & Company

In related news, EVP Bridget E. Engle sold 30,000 shares of the company’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $87.10, for a total value of $2,613,000.00. Following the sale, the executive vice president owned 83,478 shares in the company, valued at $7,270,933.80. This represents a 26.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Ellen R. Patterson sold 60,000 shares of the stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $87.40, for a total transaction of $5,244,000.00. Following the completion of the transaction, the executive vice president owned 169,496 shares in the company, valued at approximately $14,813,950.40. This trade represents a 26.14% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 115,000 shares of company stock worth $10,050,000 over the last three months. 0.08% of the stock is currently owned by insiders.

Key Wells Fargo & Company News

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

• Positive Sentiment: Jefferies initiated coverage of WFC with a buy/strong‑buy stance and a ~$100 price target, providing a near‑term analyst endorsement that can support the stock. Jefferies initiates coverage of Wells Fargo with buy
• Positive Sentiment: Wells Fargo announced digital milestones — Fargo® virtual assistant exceeding 1 billion interactions and the mobile app topping 33 million active users — evidence of fee/data opportunities and customer engagement that investors view as a growth/efficiency tailwind. Wells Fargo Reaches Major Digital Milestones
• Neutral Sentiment: Wells Fargo research is active and bullish on large tech themes (e.g., Nvidia data‑center TAM and a bullish take on Alphabet), which signals a healthy research franchise and potential trading/prime brokerage revenue but is indirect for WFC’s own fundamentals. Nvidia Targets $1 Trillion in Data Center Revenue — Wells Fargo Sees 20% Upside
• Neutral Sentiment: For income-oriented investors, comparisons of WFC preferred series (WFC‑D vs WFC‑Y) highlight attractive yields and coverage metrics on certain series — a side-topic that may support buy interest from dividend/preferred buyers even when the common stock is volatile. WFC-D Vs. WFC-Y: Comparing Coupon Extremes
• Negative Sentiment: Geopolitical risk from the Iran conflict is keeping markets jittery; strategists note pullbacks in major indices as oil and inflation risks rise — a macro headwind that often pressures bank shares like WFC. Wall Street Says Stocks Are Too Cheap to Ignore as War Rages On
• Negative Sentiment: Wells Fargo reduced price targets on certain enterprise names (e.g., Gartner) citing the Iran conflict’s hit to enterprise spending — an example of analyst downgrades that reflect weak near‑term IT spend and could depress trading/loan pipelines for banks if corporate capex retrenches. Gartner Price Target Lowered to $140 by Wells Fargo

Analyst Upgrades and Downgrades

A number of analysts have weighed in on WFC shares. Keefe, Bruyette & Woods upped their target price on Wells Fargo & Company from $92.00 to $101.00 and gave the stock a “market perform” rating in a report on Wednesday, December 17th. Weiss Ratings reiterated a “buy (b)” rating on shares of Wells Fargo & Company in a report on Wednesday, January 21st. The Goldman Sachs Group reduced their price target on Wells Fargo & Company from $109.00 to $93.00 and set a “buy” rating for the company in a research report on Monday, March 23rd. Royal Bank Of Canada restated an “outperform” rating and set a $100.00 price objective on shares of Wells Fargo & Company in a research note on Thursday, January 15th. Finally, Argus raised their price objective on Wells Fargo & Company from $94.00 to $101.00 and gave the company a “buy” rating in a research report on Thursday, January 15th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $96.98.

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.