Wells Fargo & Company $WFC Shares Acquired by Northeast Investment Management

Posted by Paula Ricardo on May 13th, 2026

Northeast Investment Management lifted its position in shares of Wells Fargo & Company (NYSE:WFC) by 71.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 20,418 shares of the financial services provider’s stock after buying an additional 8,500 shares during the quarter. Northeast Investment Management’s holdings in Wells Fargo & Company were worth $1,903,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Redmont Wealth Advisors LLC acquired a new position in shares of Wells Fargo & Company during the 3rd quarter worth $27,000. Joseph Group Capital Management acquired a new position in shares of Wells Fargo & Company during the 4th quarter worth $28,000. Grey Fox Wealth Advisors LLC acquired a new position in shares of Wells Fargo & Company during the 3rd quarter worth $30,000. Imprint Wealth LLC acquired a new position in shares of Wells Fargo & Company during the 3rd quarter worth $31,000. Finally, Cloud Capital Management LLC acquired a new position in shares of Wells Fargo & Company during the 3rd quarter worth $37,000. Institutional investors and hedge funds own 75.90% of the company’s stock.

Wells Fargo & Company Trading Up 2.1%

Wells Fargo & Company stock opened at $75.16 on Wednesday. The stock has a market cap of $229.99 billion, a PE ratio of 11.60, a P/E/G ratio of 0.86 and a beta of 0.96. The stock has a 50-day moving average price of $79.87 and a 200 day moving average price of $85.89. Wells Fargo & Company has a 52 week low of $71.89 and a 52 week high of $97.76. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 1.12.

Wells Fargo & Company (NYSE:WFC – Get Free Report) last posted its quarterly earnings data on Tuesday, April 14th. The financial services provider reported $1.60 EPS for the quarter, topping analysts’ consensus estimates of $1.58 by $0.02. The firm had revenue of $11.62 billion during the quarter, compared to analysts’ expectations 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 last year, the business posted $1.39 EPS. Equities research analysts predict that Wells Fargo & Company will post 6.82 earnings per share for the current fiscal year.

Wells Fargo & Company Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Friday, May 8th will be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Friday, May 8th. Wells Fargo & Company’s dividend payout ratio (DPR) is currently 27.78%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on WFC. Freedom Capital downgraded Wells Fargo & Company from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 15th. Wall Street Zen downgraded Wells Fargo & Company from a “hold” rating to a “sell” rating in a research note on Saturday, April 25th. Jefferies Financial Group began coverage on Wells Fargo & Company in a research note on Thursday, March 26th. They set a “buy” rating and a $100.00 price target for the company. CICC Research began coverage on Wells Fargo & Company in a research note on Wednesday, January 14th. They set a “market perform” rating and a $96.00 price target for the company. Finally, Phillip Securities raised Wells Fargo & Company from a “moderate buy” rating to a “strong-buy” rating in a research note on Thursday, May 7th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $97.53.

Read Our Latest Research Report on Wells Fargo & Company

More Wells Fargo & Company News

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

Positive Sentiment: Phillip Securities upgraded Wells Fargo to Buy and set a $98 price target, signaling confidence in further upside for WFC. Phillip Securities Upgrades Wells Fargo & Company (WFC)
Positive Sentiment: Another recent market view says Wells Fargo could still offer roughly 16% upside, framing the post-selloff move as a potential buying opportunity. Wells Fargo Set for 16% Upside Despite Recent Selloff
Neutral Sentiment: Recent articles also highlight Wells Fargo’s shift in crypto ETF exposure in its Q1 2026 13F filing, but this looks more like portfolio management than a direct stock-moving catalyst. Wells Fargo lifts Ether ETF holdings in Q1 as Bitcoin positions shift
Neutral Sentiment: Some coverage notes the stock’s recent pullback and asks whether it is now a value opportunity, which reflects investor debate rather than a new fundamental setback. Is Wells Fargo (WFC) Offering Opportunity After Recent Share Price Pullback?

Insider Buying and Selling

In other Wells Fargo & Company news, EVP Bridget E. Engle sold 30,000 shares of Wells Fargo & Company stock in a transaction dated 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 completion of the sale, the executive vice president owned 83,478 shares in the company, valued at $7,270,933.80. The trade was a 26.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Kleber Santos sold 25,000 shares of Wells Fargo & Company stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $87.72, for a total value of $2,193,000.00. Following the completion of the sale, the executive vice president owned 79,876 shares of the company’s stock, valued at $7,006,722.72. This trade represents a 23.84% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 115,000 shares of company stock worth $10,050,000. 0.14% of the stock is owned by corporate insiders.

Wells Fargo & Company Company Profile

(Free Report)

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.