Harrell Investment Partners LLC Acquires Shares of 37,449 Wells Fargo & Company $WFC

Harrell Investment Partners LLC bought a new position in Wells Fargo & Company (NYSE:WFC) in the fourth quarter, HoldingsChannel.com reports. The fund bought 37,449 shares of the financial services provider’s stock, valued at approximately $3,490,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Redmont Wealth Advisors LLC acquired a new position in Wells Fargo & Company during the third quarter worth $27,000. Marquette Asset Management LLC boosted its stake in shares of Wells Fargo & Company by 472.4% in 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 in the last quarter. Grey Fox Wealth Advisors LLC acquired a new stake in shares of Wells Fargo & Company in the 3rd quarter valued at $30,000. Kilter Group LLC bought a new stake in shares of Wells Fargo & Company in the 2nd quarter worth about $31,000. Finally, Imprint Wealth LLC bought a new stake in shares of Wells Fargo & Company in the 3rd quarter worth about $31,000. Institutional investors own 75.90% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on WFC shares. TD Cowen dropped their target price on shares of Wells Fargo & Company from $102.00 to $100.00 and set a “hold” rating for the company in a research report on Thursday, January 15th. Barclays upped their price objective on shares of Wells Fargo & Company from $94.00 to $113.00 and gave the stock an “overweight” rating in a research note on Monday, January 5th. The Goldman Sachs Group dropped their price objective on shares of Wells Fargo & Company from $109.00 to $93.00 and set a “buy” rating for the company in a report on Monday, March 23rd. Evercore reissued an “outperform” rating on shares of Wells Fargo & Company in a report on Friday, March 6th. Finally, Truist Financial decreased their price target on Wells Fargo & Company from $98.00 to $94.00 and set a “buy” rating on the stock in a research report on Tuesday, March 17th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $96.98.

Insiders Place Their Bets

In other news, EVP Ellen R. Patterson sold 60,000 shares of Wells Fargo & Company stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $87.40, for a total value of $5,244,000.00. Following the completion of the sale, the executive vice president directly owned 169,496 shares of the company’s stock, valued at approximately $14,813,950.40. This trade represents a 26.14% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 transaction, the executive vice president directly owned 79,876 shares in the company, valued at $7,006,722.72. This trade represents a 23.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 115,000 shares of company stock valued at $10,050,000. 0.08% of the stock is currently owned by corporate insiders.

Wells Fargo & Company Trading Down 0.6%

WFC opened at $76.74 on Tuesday. Wells Fargo & Company has a 1-year low of $58.42 and a 1-year high of $97.76. The stock has a market capitalization of $236.80 billion, a PE ratio of 12.24, a PEG ratio of 0.82 and a beta of 1.08. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 1.05. The firm has a 50-day moving average price of $84.34 and a two-hundred day moving average price of $86.27.

Wells Fargo & Company (NYSE:WFC) last announced its 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. Wells Fargo & Company had a net margin of 17.27% and a return on equity of 12.90%. The company had revenue of $21.29 billion for the quarter, compared to analyst estimates of $21.63 billion. During the same period in the prior year, the business earned $1.43 earnings per share. Wells Fargo & Company’s quarterly revenue was up 4.5% on a year-over-year basis. As a group, equities analysts anticipate that Wells Fargo & Company will post 5.89 earnings per share for the current fiscal year.

Wells Fargo & Company Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Sunday, March 1st. Shareholders of record on Friday, February 6th were issued a dividend of $0.45 per share. The ex-dividend date of this dividend was Friday, February 6th. This represents a $1.80 annualized dividend and a yield of 2.3%. Wells Fargo & Company’s dividend payout ratio is currently 28.71%.

Key Headlines Impacting Wells Fargo & Company

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

• Positive Sentiment: Brokerage coverage is constructive — recent collection of analyst ratings averages out to a “Moderate Buy”, supporting demand from institutional buyers and income-oriented investors. Wells Fargo & Company (NYSE:WFC) Receives Average Rating of “Moderate Buy” from Brokerages
• Positive Sentiment: Customer loyalty signal — a Wells Fargo survey finds most Americans would rather give up social media than their banking apps, implying strong engagement with the bank’s digital channels and potential for stable deposit/frictionless product cross-sell. Most Americans would rather ditch social media than their beloved banking apps, Wells Fargo survey says
• Positive Sentiment: Preferred shares highlight income/capital potential — analysts point to about ~5% capital appreciation potential in WFC.PR.L preferreds, which can attract yield-focused buyers into the Wells Fargo complex. Wells Fargo: 5% Capital Appreciation Potential From WFC.PR.L Preferred Shares
• Neutral Sentiment: Brand/strategy research — the firm’s 2026 Money Study (press release) frames long-term thematic opportunities (entrepreneurship, AI for advice, multigenerational support) but is more strategic/PR than an immediate earnings driver. Wells Fargo 2026 Money Study Reveals Americans Redefining the American Dream; Gen Z leaning on Parents for Financial Support
• Negative Sentiment: Technical and recent results pressure — shares remain below both the 50‑day and 200‑day moving averages and, although Wells Fargo beat EPS in its January quarter, revenue missed consensus; those factors can prompt short-term profit-taking and weigh on momentum.

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.