Wells Fargo & Company $WFC Shares Purchased by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC boosted its position in shares of Wells Fargo & Company (NYSE:WFC) by 17.2% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 92,750 shares of the financial services provider’s stock after acquiring an additional 13,626 shares during the period. Kingsview Wealth Management LLC’s holdings in Wells Fargo & Company were worth $7,774,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in shares of Wells Fargo & Company by 0.4% in the second quarter. Vanguard Group Inc. now owns 302,092,955 shares of the financial services provider’s stock valued at $24,203,688,000 after purchasing an additional 1,341,222 shares during the period. Norges Bank acquired a new position in shares of Wells Fargo & Company during the 2nd quarter valued at about $3,990,551,000. Massachusetts Financial Services Co. MA grew its stake in shares of Wells Fargo & Company by 7.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 17,859,680 shares of the financial services provider’s stock valued at $1,496,998,000 after buying an additional 1,223,999 shares during the period. Amundi increased its stake in Wells Fargo & Company by 18.2% during the second quarter. Amundi now owns 14,155,753 shares of the financial services provider’s stock worth $1,165,868,000 after acquiring an additional 2,180,693 shares during the last quarter. Finally, Grantham Mayo Van Otterloo & Co. LLC increased its position in shares of Wells Fargo & Company by 1.1% during the 2nd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 8,469,766 shares of the financial services provider’s stock worth $678,598,000 after purchasing an additional 88,358 shares during the last quarter. Institutional investors and hedge funds own 75.90% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on WFC shares. Truist Financial dropped their target price on shares of Wells Fargo & Company from $104.00 to $100.00 and set a “buy” rating for the company in a report on Thursday, January 15th. Argus increased their price target on Wells Fargo & Company from $94.00 to $101.00 and gave the company a “buy” rating in a research report on Thursday, January 15th. CICC Research initiated coverage on shares of Wells Fargo & Company in a research report on Wednesday, January 14th. They set a “market perform” rating and a $96.00 price objective for the company. Keefe, Bruyette & Woods increased their price objective on Wells Fargo & Company from $92.00 to $101.00 and gave the company a “market perform” rating in a report on Wednesday, December 17th. Finally, HSBC restated a “hold” rating and set a $74.00 target price on shares of Wells Fargo & Company in a research note on Wednesday, January 7th. Thirteen research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat.com, Wells Fargo & Company presently has a consensus rating of “Moderate Buy” and an average price target of $97.03.

Insider Activity

In related news, EVP Kleber Santos sold 25,000 shares of the company’s stock in a transaction on 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 in the company, valued at $7,006,722.72. This represents a 23.84% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Ellen R. Patterson sold 60,000 shares of the stock in a transaction 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 sale, the executive vice president owned 169,496 shares of the company’s stock, valued at approximately $14,813,950.40. This represents a 26.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 115,000 shares of company stock valued at $10,050,000 in the last ninety days. 0.08% of the stock is currently owned by company insiders.

Key Wells Fargo & Company News

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

• Positive Sentiment: Wells Fargo strategists urged buying the dip amid a broader market selloff related to geopolitical risk, signaling the bank’s trading desk sees value and potentially supporting short‑term flows into financials and WFC. Stocks plunge in global selloff but some on Wall Street are looking for assets that respond well to war
• Neutral Sentiment: Wells Fargo’s research activity: the bank trimmed its target on Equitable Holdings (EQH) to $57 but kept an Overweight call — a routine analyst update that reflects lower 2026 EPS forecasts but has limited direct impact on WFC’s fundamentals. Wells Fargo Trims Equitable Holdings (EQH) to $57
• Neutral Sentiment: Wells Fargo upgraded Lincoln National (LNC) to Overweight and raised its target — another research call that may affect market perception of the firm’s equity research but is neutral for WFC’s credit or operating outlook. Wells Fargo Upgrades Lincoln National (LNC) to Overweight
• Neutral Sentiment: Other Wells Fargo analyst notes (maintaining HPE hold, raising Globe Life target, lifting Keurig Dr Pepper PT) are standard brokerage coverage moves that change peer views but do not materially alter Wells Fargo’s bank-level credit or revenue drivers. Wells Fargo Maintains Hold on Hewlett Packard Enterprise (HPE)
• Negative Sentiment: Credit‑risk concerns surfaced after the collapse of UK mortgage firm Market Financial Solutions Ltd.; investors are probing whether Wells Fargo has any exposure via loans or facilities tied to the failed lender. The episode raises organic questions about risk controls and loan portfolio credit quality for large banks. Wells Fargo Credit Risk Questioned After UK Mortgage Lender Collapse
• Negative Sentiment: A Seeking Alpha piece flagged macro risks that could make WFC less appealing to long‑term investors (rates, credit cycles, and capital deployment concerns). That commentary may weigh on sentiment if broader macro indicators weaken. Wells Fargo: Not Much Appeal For Long-Term Investors Due To Macro Concerns

Wells Fargo & Company Stock Up 1.3%

WFC opened at $82.53 on Tuesday. Wells Fargo & Company has a one year low of $58.42 and a one year high of $97.76. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.90 and a current ratio of 0.90. The stock has a market capitalization of $254.67 billion, a P/E ratio of 13.16, a price-to-earnings-growth ratio of 0.89 and a beta of 1.08. The business’s 50-day simple moving average is $90.49 and its 200-day simple moving average is $86.53.

Wells Fargo & Company (NYSE:WFC) last released its quarterly earnings results on Wednesday, January 14th. The financial services provider reported $1.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.66 by $0.10. The firm had revenue of $21.29 billion for the quarter, compared to the consensus estimate of $21.63 billion. Wells Fargo & Company had a return on equity of 12.90% and a net margin of 17.27%.The firm’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same quarter last year, the business posted $1.43 EPS. Analysts anticipate that Wells Fargo & Company will post 5.89 EPS for the current year.

Wells Fargo & Company Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Sunday, March 1st. Stockholders of record on Friday, February 6th were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Friday, February 6th. Wells Fargo & Company’s payout ratio is presently 28.71%.

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.