Wells Fargo & Company (NYSE:WFC) Receives $97.53 Average PT from Analysts

Shares of Wells Fargo & Company (NYSE:WFC) have been given an average rating of “Moderate Buy” by the twenty-six analysts that are presently covering the company, Marketbeat.com reports. Ten research analysts have rated the stock with a hold recommendation, fourteen have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $97.5250.

A number of brokerages recently commented on WFC. Truist Financial dropped their price objective on shares of Wells Fargo & Company from $98.00 to $94.00 and set a “buy” rating on the stock in a report on Tuesday, March 17th. Morgan Stanley dropped their price objective on shares of Wells Fargo & Company from $108.00 to $100.00 and set an “equal weight” rating on the stock in a report on Tuesday, March 31st. Piper Sandler restated an “overweight” rating and set a $94.00 price objective (down from $100.00) on shares of Wells Fargo & Company in a report on Wednesday, April 15th. Evercore reaffirmed an “outperform” rating on shares of Wells Fargo & Company in a research report on Friday, March 6th. Finally, Wall Street Zen upgraded Wells Fargo & Company from a “sell” rating to a “hold” rating in a report on Sunday.

Wells Fargo & Company News Roundup

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

• Positive Sentiment: Wells Fargo raised its year-end 2026 S&P 500 target to 7,950 from 7,300, citing stronger corporate earnings, easing macro risks after the U.S.-Iran interim deal, and improved investor sentiment. That call supports a more upbeat tone for the broader market and reflects Wells Fargo’s more optimistic view of the economy. Article Title
• Positive Sentiment: Wells Fargo was selected as the preferred mortgage lender for ICON’s 3D-printed homes, a partnership that expands its role in affordable housing finance and creates a new growth angle tied to innovative construction methods. Article Title
• Neutral Sentiment: The NAHB/Wells Fargo Housing Market Index fell to 35 in June from 37 in May, showing homebuilder confidence weakened as mortgage rates and materials costs stayed elevated. This is more of a mixed signal for Wells Fargo’s housing-related business than a clear negative. Article Title
• Neutral Sentiment: Recent market commentary also noted Wells Fargo stock has been advancing while the broader market softened, reinforcing that WFC is benefiting from supportive sentiment rather than a single company-specific earnings surprise. Article Title

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Diversified Trust Co. increased its stake in Wells Fargo & Company by 59.7% in the 4th quarter. Diversified Trust Co. now owns 35,285 shares of the financial services provider’s stock valued at $3,289,000 after buying an additional 13,196 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its stake in Wells Fargo & Company by 19.0% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 532,300 shares of the financial services provider’s stock valued at $49,610,000 after buying an additional 84,902 shares during the last quarter. Swiss Life Asset Management Ltd increased its stake in Wells Fargo & Company by 4.2% in the 4th quarter. Swiss Life Asset Management Ltd now owns 350,567 shares of the financial services provider’s stock valued at $32,673,000 after buying an additional 14,168 shares during the last quarter. State of New Jersey Common Pension Fund D increased its stake in Wells Fargo & Company by 1.9% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 1,123,168 shares of the financial services provider’s stock valued at $94,144,000 after buying an additional 20,419 shares during the last quarter. Finally, Natixis Advisors LLC increased its stake in Wells Fargo & Company by 4.2% in the 3rd quarter. Natixis Advisors LLC now owns 3,482,885 shares of the financial services provider’s stock valued at $291,935,000 after buying an additional 139,659 shares during the last quarter. 75.90% of the stock is currently owned by institutional investors.

Wells Fargo & Company Trading Up 2.2%

WFC opened at $84.96 on Friday. The firm’s fifty day moving average is $79.69 and its two-hundred day moving average is $84.64. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.90 and a current ratio of 0.90. The firm has a market cap of $260.00 billion, a PE ratio of 13.11, a price-to-earnings-growth ratio of 0.97 and a beta of 0.93. Wells Fargo & Company has a twelve month low of $72.30 and a twelve month high of $97.76.

Wells Fargo & Company (NYSE:WFC) last posted its earnings results on Tuesday, April 14th. The financial services provider reported $1.60 earnings per share for the quarter, topping the consensus estimate of $1.58 by $0.02. Wells Fargo & Company had a net margin of 17.26% and a return on equity of 13.27%. The company had revenue of $11.62 billion for the quarter, compared to analyst estimates of $21.85 billion. During the same period last year, the business posted $1.39 earnings per share. The business’s revenue for the quarter was up 6.4% compared to the same quarter last year. Equities research analysts anticipate that Wells Fargo & Company will post 6.84 EPS for the current year.

Wells Fargo & Company Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Friday, May 8th were issued a dividend of $0.45 per share. The ex-dividend date was Friday, May 8th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.1%. Wells Fargo & Company’s dividend payout ratio (DPR) is presently 27.78%.

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.