Banco Bilbao Vizcaya Argentaria S.A. trimmed its stake in Wells Fargo & Company (NYSE:WFC) by 3.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 737,676 shares of the financial services provider’s stock after selling 27,451 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Wells Fargo & Company were worth $68,811,000 at the end of the most recent quarter.
Several other large investors have also recently made changes to their positions in WFC. Norges Bank bought a new position in shares of Wells Fargo & Company in the 4th quarter worth $4,512,563,000. Capital Research Global Investors raised its position in shares of Wells Fargo & Company by 18.6% in the 3rd quarter. Capital Research Global Investors now owns 35,660,903 shares of the financial services provider’s stock worth $2,989,104,000 after acquiring an additional 5,584,930 shares in the last quarter. Mawer Investment Management Ltd. raised its position in shares of Wells Fargo & Company by 177.7% in the 4th quarter. Mawer Investment Management Ltd. now owns 4,876,127 shares of the financial services provider’s stock worth $454,455,000 after acquiring an additional 3,120,399 shares in the last quarter. Danske Bank A S bought a new position in shares of Wells Fargo & Company in the 3rd quarter worth $215,638,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Wells Fargo & Company by 13.0% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 20,625,070 shares of the financial services provider’s stock worth $1,922,257,000 after acquiring an additional 2,369,260 shares in the last quarter. 75.90% of the stock is owned by institutional investors.
Wells Fargo & Company Stock Down 1.4%
Shares of WFC opened at $83.88 on Thursday. Wells Fargo & Company has a 52 week low of $72.57 and a 52 week high of $97.76. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 1.12. The company has a market capitalization of $256.68 billion, a price-to-earnings ratio of 12.94, a PEG ratio of 1.00 and a beta of 0.93. The stock’s 50-day moving average price is $79.73 and its 200-day moving average price is $84.63.
Wells Fargo & Company Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Friday, May 8th were paid a $0.45 dividend. 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 is presently 27.78%.
Wall Street Analysts Forecast Growth
Several research analysts have recently commented on WFC shares. Wall Street Zen raised Wells Fargo & Company from a “sell” rating to a “hold” rating in a research report on Sunday. Truist Financial reduced their price target on Wells Fargo & Company from $98.00 to $94.00 and set a “buy” rating for the company in a research report on Tuesday, March 17th. KGI Securities downgraded Wells Fargo & Company to a “hold” rating in a research note on Thursday, April 16th. Piper Sandler restated an “overweight” rating and set a $94.00 target price (down from $100.00) on shares of Wells Fargo & Company in a research note on Wednesday, April 15th. Finally, Barclays dropped their target price on Wells Fargo & Company from $113.00 to $108.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 15th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $98.24.
Read Our Latest Stock Analysis on WFC
Key Stories Impacting Wells Fargo & Company
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 interim U.S.-Iran agreement, and improved investor sentiment. Article: S&P 500 Price Target Boosted to 7,950 by Wells Fargo Following U.S.-Iran Deal
- Positive Sentiment: Market reports showed WFC gaining after a positive trading session, indicating investors were buying into the bank’s improving sentiment and outlook. Article: Wells Fargo (WFC) Rises As Market Takes a Dip: Key Facts
- Positive Sentiment: Wells Fargo Investment Institute released a midyear outlook emphasizing discipline amid volatility, reinforcing the bank’s visibility in market strategy and investor guidance. Article: Wells Fargo Investment Institute: When Every Headline Shouts, Discipline Matters Most
- Neutral Sentiment: Wells Fargo also lifted its S&P 500 target in a separate market commentary piece, which supports a more upbeat macro backdrop but does not directly change WFC fundamentals. Article: Wells Fargo Raises S&P 500 Target to 7,950 on AI Boom
- Neutral Sentiment: Another report repeated that Wells Fargo’s S&P 500 target increase was driven by stronger earnings expectations, signaling a favorable macro call rather than a direct catalyst for the bank stock itself. Article: US Stock Market: Wells Fargo raises S&P 500 target on stronger earnings outlook, easing macro risks
- Neutral Sentiment: Analyst coverage of other companies, such as Carter’s and Microsoft, reflects active research from Wells Fargo but is not a direct driver of WFC shares. Article: Carter’s Shares Rise After Wells Fargo Lifts Rating and Target Price
Wells Fargo & 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.
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