Lbp Am Sa Buys 116,862 Shares of Wells Fargo & Company $WFC

Lbp Am Sa increased its stake in Wells Fargo & Company (NYSE:WFC) by 470.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 141,684 shares of the financial services provider’s stock after buying an additional 116,862 shares during the period. Lbp Am Sa’s holdings in Wells Fargo & Company were worth $13,205,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Redmont Wealth Advisors LLC bought a new stake in shares of Wells Fargo & Company during the third quarter valued at approximately $27,000. Marquette Asset Management LLC grew its stake in Wells Fargo & Company by 472.4% in the third quarter. Marquette Asset Management LLC now owns 332 shares of the financial services provider’s stock worth $28,000 after purchasing an additional 274 shares in the last quarter. Grey Fox Wealth Advisors LLC purchased a new position in Wells Fargo & Company during the 3rd quarter worth $30,000. Imprint Wealth LLC purchased a new position in Wells Fargo & Company during the 3rd quarter worth $31,000. Finally, Aventus Investment Advisors Inc. bought a new stake in Wells Fargo & Company during the 3rd quarter valued at $37,000. Institutional investors own 75.90% of the company’s stock.

Wells Fargo & Company Trading Up 1.2%

Shares of NYSE WFC opened at $81.27 on Friday. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.90 and a quick ratio of 0.90. The stock has a market capitalization of $250.75 billion, a P/E ratio of 12.54, a price-to-earnings-growth ratio of 0.90 and a beta of 1.06. Wells Fargo & Company has a 1-year low of $63.40 and a 1-year high of $97.76. The business has a fifty day moving average price of $82.49 and a 200 day moving average price of $86.13.

Wells Fargo & Company (NYSE:WFC) last posted its earnings results on Tuesday, April 14th. The financial services provider reported $1.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.58 by $0.02. The company had revenue of $21.45 billion for the quarter, compared to analyst estimates of $21.85 billion. Wells Fargo & Company had a return on equity of 13.27% and a net margin of 17.26%.The firm’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.39 earnings per share. Equities research analysts expect that Wells Fargo & Company will post 5.89 EPS for the current fiscal year.

Wells Fargo & Company Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Sunday, March 1st. Stockholders of record on Friday, February 6th were given 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 2.2%. Wells Fargo & Company’s payout ratio is presently 27.78%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. TD Cowen lowered their target price on Wells Fargo & Company from $102.00 to $100.00 and set a “hold” rating for the company in a report on Thursday, January 15th. Evercore restated an “outperform” rating on shares of Wells Fargo & Company in a report on Friday, March 6th. Freedom Capital lowered shares of Wells Fargo & Company from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 15th. Piper Sandler reiterated an “overweight” rating and set a $94.00 target price (down from $100.00) on shares of Wells Fargo & Company in a report on Wednesday. Finally, Jefferies Financial Group assumed coverage on shares of Wells Fargo & Company in a research report on Thursday, March 26th. They set a “buy” rating and a $100.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $97.75.

Insider Transactions at Wells Fargo & Company

In other Wells Fargo & Company news, EVP Bridget E. Engle sold 30,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $87.10, for a total value 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. This trade represents a 26.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Kleber Santos sold 25,000 shares of Wells Fargo & Company stock in a transaction on Friday, February 20th. The stock was 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 in the company, valued at $7,006,722.72. This represents a 23.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 115,000 shares of company stock valued at $10,050,000 in the last 90 days. Insiders own 0.14% of the company’s stock.

More Wells Fargo & Company News

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

• Positive Sentiment: Management is emphasizing cost discipline (continued headcount reductions) and growth initiatives that can lift margins over time — a constructive signal for eventual EPS recovery. Wells Fargo CEO talks layoffs amid growth
• Positive Sentiment: Market commentators (e.g., Jim Cramer) have suggested WFC may be bottoming after the selloff, which can attract bargain hunters and short‑covering. Jim Cramer on Wells Fargo
• Positive Sentiment: Industry commentary highlights that digital engagement is strengthening deposit gathering across big banks (including Wells Fargo), supporting core deposit funding and cross‑sell opportunities. Big Bank Earnings Show Digital Activity Drives Deposits
• Neutral Sentiment: Technically, WFC recently broke below its 50‑day moving average — a short‑term bearish signal for momentum traders but one that often triggers dip‑buyers. Wells Fargo broke below 50‑day MA
• Neutral Sentiment: Wells Fargo’s own strategists flagged a near‑term “sugar high” for the S&P 500 — useful context for macro‑driven flows into/out of bank stocks but not a direct company catalyst. Prepare for an S&P 500 ‘Sugar High,’ Says Wells Fargo
• Negative Sentiment: Q1 results disappointed on revenue and net interest income (NII) vs. Street expectations; management warned margin pressure could extend into Q2 — the primary reason for the initial selloff. Shares drop after Q1 revenue miss
• Negative Sentiment: Several brokerages cut price targets and trimmed forecasts after the print, signaling analyst skepticism about how quickly ROTCE/profitability targets will be met — a headwind for sentiment. Three price target cuts after Q1

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.