Lighthouse Financial Services Inc. ADV Invests $937,000 in Wells Fargo & Company $WFC

Lighthouse Financial Services Inc. ADV acquired a new stake in shares of Wells Fargo & Company (NYSE:WFC) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 10,054 shares of the financial services provider’s stock, valued at approximately $937,000.

Several other large investors have also made changes to their positions in WFC. Brighton Jones LLC lifted its position in shares of Wells Fargo & Company by 62.3% during the 4th quarter. Brighton Jones LLC now owns 66,233 shares of the financial services provider’s stock worth $4,652,000 after purchasing an additional 25,436 shares during the last quarter. Jump Financial LLC lifted its holdings in Wells Fargo & Company by 12.9% during the 2nd quarter. Jump Financial LLC now owns 22,904 shares of the financial services provider’s stock worth $1,835,000 after buying an additional 2,615 shares in the last quarter. Main Street Financial Solutions LLC lifted its holdings in Wells Fargo & Company by 111.0% during the 2nd quarter. Main Street Financial Solutions LLC now owns 14,008 shares of the financial services provider’s stock worth $1,122,000 after buying an additional 7,368 shares in the last quarter. Vivaldi Capital Management LP lifted its stake in shares of Wells Fargo & Company by 5.4% in the 2nd quarter. Vivaldi Capital Management LP now owns 3,229 shares of the financial services provider’s stock valued at $259,000 after purchasing an additional 165 shares during the period. Finally, Diversify Advisory Services LLC lifted its stake in shares of Wells Fargo & Company by 51.2% in the 2nd quarter. Diversify Advisory Services LLC now owns 25,718 shares of the financial services provider’s stock valued at $2,044,000 after purchasing an additional 8,714 shares during the period. Institutional investors and hedge funds own 75.90% of the company’s stock.

Insider Activity at Wells Fargo & Company

In other news, EVP Ellen R. Patterson sold 60,000 shares of the company’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $87.40, for a total transaction of $5,244,000.00. Following the transaction, the executive vice president owned 169,496 shares in the company, valued at approximately $14,813,950.40. This represents a 26.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Bridget E. Engle sold 30,000 shares of the business’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $87.10, for a total transaction of $2,613,000.00. Following the sale, the executive vice president directly owned 83,478 shares of the company’s stock, valued at approximately $7,270,933.80. The trade was a 26.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 115,000 shares of company stock worth $10,050,000 over the last quarter. Company insiders own 0.14% of the company’s stock.

Wells Fargo & Company Stock Performance

Shares of NYSE:WFC opened at $75.57 on Friday. The company’s 50 day simple moving average is $80.47 and its 200 day simple moving average is $86.11. The stock has a market capitalization of $231.26 billion, a price-to-earnings ratio of 11.66, a price-to-earnings-growth ratio of 0.93 and a beta of 0.96. Wells Fargo & Company has a 1 year low of $71.89 and a 1 year high of $97.76. 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 (NYSE:WFC) last posted its earnings results 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 for the quarter, compared to analysts’ expectations of $21.85 billion. Wells Fargo & Company had a net margin of 17.26% and a return on equity of 13.27%. The company’s revenue was up 6.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.39 earnings per share. As a group, research analysts predict that Wells Fargo & Company will post 6.82 EPS for the current fiscal year.

Wells Fargo & Company Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Friday, May 8th will be paid a $0.45 dividend. The ex-dividend date of this dividend is Friday, May 8th. This represents a $1.80 annualized dividend and a dividend yield of 2.4%. Wells Fargo & Company’s payout ratio is currently 27.78%.

Wells Fargo & Company News Summary

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

• Positive Sentiment: Phillip Securities upgraded Wells Fargo & Company (WFC) from “moderate buy” to “strong-buy,” reinforcing the view that the bank’s turnaround and earnings strength still have room to run.
• Positive Sentiment: Market commentary noted that Wells Fargo’s comeback looks real, supported by accelerating loan growth, rising shareholder returns, and stronger customer activity, which could help sustain investor confidence. Wells Fargo’s Comeback Is Real—But Not Risk-Free
• Positive Sentiment: Additional article coverage framed WFC as a potentially attractive dividend stock, which may appeal to income-focused investors looking for a large-cap financial name with improving fundamentals. Wells Fargo (WFC) Could Be a Great Choice
• Neutral Sentiment: There was also heavy put option activity in Wells Fargo, with traders buying 82,048 puts versus a typical volume of 59,215, suggesting some hedging or bearish positioning despite the recent positive coverage.
• Neutral Sentiment: Separately, Wells Fargo has been active on the research side across other stocks, including a downgrade of Nike and higher price targets on Arm Holdings, but those calls are not direct catalysts for WFC shares.

Analysts Set New Price Targets

Several brokerages recently commented on WFC. UBS Group reaffirmed a “buy” rating and set a $113.00 price objective on shares of Wells Fargo & Company in a research note on Wednesday, February 4th. Morgan Stanley decreased their price objective 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. Evercore reiterated an “outperform” rating on shares of Wells Fargo & Company in a research note on Friday, March 6th. Piper Sandler reiterated an “overweight” rating and issued a $94.00 target price (down from $100.00) on shares of Wells Fargo & Company in a research note on Wednesday, April 15th. Finally, TD Cowen cut their price objective 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. Two research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average 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.