27,484 Shares in Wells Fargo & Company $WFC Bought by Bluebird Wealth Management LLC

Bluebird Wealth Management LLC bought a new position in Wells Fargo & Company (NYSE:WFC) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 27,484 shares of the financial services provider’s stock, valued at approximately $2,561,000. Wells Fargo & Company accounts for about 2.4% of Bluebird Wealth Management LLC’s holdings, making the stock its 12th largest holding.

Several other hedge funds also recently bought and sold shares of the company. Joseph Group Capital Management bought a new position in shares of Wells Fargo & Company during the 4th quarter valued at about $28,000. Redmont Wealth Advisors LLC bought a new position in shares of Wells Fargo & Company during the 3rd quarter valued at about $27,000. Marquette Asset Management LLC boosted its holdings in shares of Wells Fargo & Company by 472.4% during the 3rd quarter. Marquette Asset Management LLC now owns 332 shares of the financial services provider’s stock valued at $28,000 after purchasing an additional 274 shares during the last quarter. Grey Fox Wealth Advisors LLC bought a new position in shares of Wells Fargo & Company during the 3rd quarter valued at about $30,000. Finally, Imprint Wealth LLC bought a new position in shares of Wells Fargo & Company during the 3rd quarter valued at about $31,000. Institutional investors own 75.90% of the company’s stock.

Wells Fargo & Company Stock Performance

Wells Fargo & Company stock opened at $80.39 on Thursday. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.90 and a quick ratio of 0.90. Wells Fargo & Company has a 1-year low of $71.89 and a 1-year high of $97.76. The firm has a market capitalization of $246.01 billion, a P/E ratio of 12.41, a price-to-earnings-growth ratio of 0.94 and a beta of 0.96. The company’s 50-day moving average is $80.58 and its 200 day moving average is $86.14.

Wells Fargo & Company (NYSE:WFC) last posted 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. 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 in the prior year, the company posted $1.39 EPS. The firm’s revenue for the quarter was up 6.4% on a year-over-year basis. Research analysts forecast that Wells Fargo & Company will post 6.82 EPS for the current year.

Wells Fargo & Company Announces Dividend

The company 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 $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Friday, May 8th. Wells Fargo & Company’s dividend payout ratio is 27.78%.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Freedom Capital downgraded shares of Wells Fargo & Company from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 15th. Jefferies Financial Group assumed coverage on shares of Wells Fargo & Company in a report on Thursday, March 26th. They set a “buy” rating and a $100.00 price objective for the company. CICC Research assumed coverage on shares of Wells Fargo & Company in a report on Wednesday, January 14th. They set a “market perform” rating and a $96.00 price objective for the company. Royal Bank Of Canada restated an “outperform” rating and set a $100.00 target price on shares of Wells Fargo & Company in a research report on Thursday, January 15th. Finally, The Goldman Sachs Group decreased their target price on shares of Wells Fargo & Company from $109.00 to $93.00 and set a “buy” rating on the stock in a research report on Monday, March 23rd. One investment 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.com, the company has a consensus rating of “Moderate Buy” and an average target price of $97.53.

Wells Fargo & Company News Roundup

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

• Positive Sentiment: Wells Fargo Advisors recruited multiple advisor teams representing more than $9 billion in client assets in under a week — a clear win for AUM and fee-income growth if retention and client migration remain strong. Read More.
• Positive Sentiment: The AGT Private Wealth Group — a $1.6 billion UBS team — joined Wells Fargo Advisors in Frisco, Texas, adding scale in a key market and reinforcing the recent recruiting momentum. Read More.
• Neutral Sentiment: Zacks and other outlets note rising investor attention on WFC, highlighting analyst coverage and interest but not changing earnings estimates materially — useful for sentiment but not an earnings surprise. Read More.
• Neutral Sentiment: Wells Fargo strategists flagged the first market “sell signal” since 2021, urging caution on factors that had driven markets higher — a macro cautionary note that could weigh on bank multiples if risk-off sentiment spreads. Read More.
• Neutral Sentiment: Macro headlines (e.g., U.K. political/energy risks and disappointing results at peers like HSBC) are elevating bond yields and regional bank risk perceptions — an indirect headwind for bank stocks generally. Read More. • Read More.
• Negative Sentiment: Company insiders sold roughly US$10 million of WFC stock over the past year, a signal some investors interpret as management or insider concern about near-term upside. Read More.

Insider Buying and Selling

In related news, EVP Bridget E. Engle sold 30,000 shares of the stock in a transaction dated 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 sale, the executive vice president directly owned 83,478 shares of the company’s stock, valued at $7,270,933.80. This represents a 26.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Ellen R. Patterson sold 60,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $87.40, for a total transaction of $5,244,000.00. Following the transaction, the executive vice president directly owned 169,496 shares in the company, valued at approximately $14,813,950.40. This trade represents a 26.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 115,000 shares of company stock valued at $10,050,000 in the last ninety days. 0.14% of the stock is owned by company insiders.

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.