Lombard Odier Asset Management Switzerland SA Reduces Stock Position in Wells Fargo & Company $WFC

Lombard Odier Asset Management Switzerland SA trimmed its stake in Wells Fargo & Company (NYSE:WFC) by 5.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 127,814 shares of the financial services provider’s stock after selling 6,800 shares during the period. Lombard Odier Asset Management Switzerland SA’s holdings in Wells Fargo & Company were worth $11,912,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in WFC. Godfrey Financial Associates Inc. purchased a new stake in Wells Fargo & Company in the 4th quarter valued at about $25,000. Navalign LLC purchased a new stake in Wells Fargo & Company in the 4th quarter valued at about $26,000. Redmont Wealth Advisors LLC purchased a new stake in Wells Fargo & Company in the 3rd quarter valued at about $27,000. Joseph Group Capital Management purchased a new stake in Wells Fargo & Company in the 4th quarter valued at about $28,000. Finally, Core Wealth Advisors LLC purchased a new stake in Wells Fargo & Company in the 4th quarter valued at about $29,000. 75.90% of the stock is owned by hedge funds and other institutional investors.

Key Wells Fargo & Company News

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

Wells Fargo & Company Price Performance

Shares of WFC opened at $84.96 on Wednesday. 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 stock has a market capitalization of $260.00 billion, a PE ratio of 13.11, a PEG ratio of 0.97 and a beta of 0.93. Wells Fargo & Company has a fifty-two week low of $72.30 and a fifty-two week high of $97.76. The company has a 50 day moving average price of $79.69 and a 200-day moving average price of $84.64.

Wells Fargo & Company (NYSE:WFC) last issued its quarterly earnings data on Tuesday, April 14th. The financial services provider reported $1.60 earnings per share 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% on a year-over-year basis. During the same period in the prior year, the business posted $1.39 EPS. Equities analysts predict that Wells Fargo & Company will post 6.84 earnings per share for the current fiscal year.

Wells Fargo & Company Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Wall Street Zen upgraded Wells Fargo & Company from a “sell” rating to a “hold” rating in a report on Sunday. KGI Securities cut Wells Fargo & Company to a “hold” rating in a report on Thursday, April 16th. Truist Financial lowered their target price on Wells Fargo & Company from $98.00 to $94.00 and set a “buy” rating for the company in a report on Tuesday, March 17th. Morgan Stanley lowered their target price on Wells Fargo & Company from $108.00 to $100.00 and set an “equal weight” rating for the company in a report on Tuesday, March 31st. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Wells Fargo & Company in a report on Monday, April 20th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, Wells Fargo & Company has a consensus rating of “Moderate Buy” and a consensus target price of $97.53.

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.