Strs Ohio Buys 73,313 Shares of Wells Fargo & Company $WFC

Strs Ohio grew its stake in Wells Fargo & Company (NYSE:WFC) by 4.9% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 1,558,047 shares of the financial services provider’s stock after buying an additional 73,313 shares during the period. Wells Fargo & Company accounts for about 0.5% of Strs Ohio’s holdings, making the stock its 28th largest position. Strs Ohio’s holdings in Wells Fargo & Company were worth $130,596,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in WFC. Hilton Capital Management LLC acquired a new position in Wells Fargo & Company in the second quarter valued at about $3,656,000. Three Bridge Wealth Advisors LLC acquired a new position in shares of Wells Fargo & Company in the 2nd quarter worth approximately $364,000. Board of the Pension Protection Fund bought a new stake in Wells Fargo & Company during the 2nd quarter worth approximately $40,000. Arkadios Wealth Advisors raised its holdings in shares of Wells Fargo & Company by 65.2% in the third quarter. Arkadios Wealth Advisors now owns 43,622 shares of the financial services provider’s stock valued at $3,656,000 after buying an additional 17,223 shares during the last quarter. Finally, Synergy Asset Management LLC bought a new position in Wells Fargo & Company in the 3rd quarter valued at $10,729,000. Institutional investors and hedge funds own 75.90% of the company’s stock.

More Wells Fargo & Company News

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

• Positive Sentiment: Preliminary court approval of a derivative settlement eases a legal overhang and lowers potential future liabilities, which reduces execution risk for the bank. Wells Fargo Wins Preliminary Approval of Derivative Settlement
• Positive Sentiment: CEO commentary that “growth will be stronger than people expect” signals management confidence on revenue and business-line momentum; investors often reward credible, above-consensus forward commentary. Wells Fargo CEO: ‘Growth to be stronger than people expect’
• Positive Sentiment: Wells Fargo is expanding its wealth business footprint — publicly reported hires (12 advisers added) and a planned relocation of wealth management headquarters to West Palm Beach point to strategic investment in higher‑fee businesses. That can support revenue diversification and higher-margin growth over time. Wells Fargo & Co. Adds 12 Advisers Wells Fargo to Move Wealth Headquarters to West Palm Beach
• Neutral Sentiment: Quarterly recap of the big banks notes mixed results: Wells Fargo delivered an EPS beat in its recent quarter but missed revenue (one-time items cited). That pattern supports profitability metrics but tempers top-line momentum. Bank Stocks: Another Quarter of Double-Digit S&P 500 Earnings Growth?
• Neutral Sentiment: Wells Fargo’s research team is busy and visible (notes on chip shortages, analyst coverage actions). Research flow increases the firm’s market influence but is not an immediate driver of WFC share fundamentals. TSLA, BYD Face Memory Chip Shortage in 2026, Wells Fargo Warns Wells Fargo & Company (WFC) is Attracting Investor Attention

Analyst Ratings Changes

WFC has been the topic of several recent research reports. Bank of America raised their price target on Wells Fargo & Company from $92.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, October 15th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $100.00 price target on shares of Wells Fargo & Company in a research report on Thursday, January 15th. Cfra Research raised Wells Fargo & Company to a “moderate buy” rating in a research note on Wednesday, October 15th. HSBC reaffirmed a “hold” rating and issued a $74.00 price target on shares of Wells Fargo & Company in a research note on Wednesday, January 7th. Finally, Freedom Capital downgraded Wells Fargo & Company from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 15th. Thirteen equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $94.87.

Wells Fargo & Company Stock Performance

WFC opened at $88.08 on Friday. The business’s fifty day moving average is $90.29 and its 200-day moving average is $84.94. The firm has a market cap of $276.49 billion, a P/E ratio of 14.05, a price-to-earnings-growth ratio of 0.93 and a beta of 1.09. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.84 and a current ratio of 0.90. Wells Fargo & Company has a 52-week low of $58.42 and a 52-week high of $97.76.

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

Wells Fargo & Company Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Friday, November 7th were paid a dividend of $0.45 per share. The ex-dividend date of this dividend was Friday, November 7th. This represents a $1.80 annualized dividend and a yield of 2.0%. 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.