Wells Fargo & Company $WFC Shares Sold by QRG Capital Management Inc.

QRG Capital Management Inc. lessened its holdings in Wells Fargo & Company (NYSE:WFC) by 41.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 482,628 shares of the financial services provider’s stock after selling 336,581 shares during the period. QRG Capital Management Inc.’s holdings in Wells Fargo & Company were worth $40,454,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Norges Bank purchased a new stake in shares of Wells Fargo & Company in the 2nd quarter valued at approximately $3,990,551,000. Massachusetts Financial Services Co. MA lifted its stake in Wells Fargo & Company by 54.9% during the second quarter. Massachusetts Financial Services Co. MA now owns 16,635,681 shares of the financial services provider’s stock worth $1,332,851,000 after purchasing an additional 5,894,747 shares in the last quarter. Amundi boosted its position in shares of 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 buying an additional 2,180,693 shares during the period. Laurel Wealth Advisors LLC grew its stake in shares of Wells Fargo & Company by 8,010.7% in the second quarter. Laurel Wealth Advisors LLC now owns 1,973,730 shares of the financial services provider’s stock valued at $158,135,000 after buying an additional 1,949,395 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its stake in Wells Fargo & Company by 939.6% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,920,799 shares of the financial services provider’s stock worth $153,894,000 after acquiring an additional 1,736,036 shares in the last quarter. 75.90% of the stock is currently owned by hedge funds and other institutional investors.

Wells Fargo & Company Stock Down 0.7%

WFC opened at $88.36 on Friday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.84 and a current ratio of 0.90. The business’s fifty day moving average is $90.17 and its two-hundred day moving average is $84.81. Wells Fargo & Company has a one year low of $58.42 and a one year high of $97.76. The company has a market cap of $277.37 billion, a price-to-earnings ratio of 14.09, a PEG ratio of 0.81 and a beta of 1.09.

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

Wells Fargo & Company Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Friday, November 7th were given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend was Friday, November 7th. Wells Fargo & Company’s payout ratio is currently 28.71%.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. Argus increased their price target on shares of Wells Fargo & Company from $94.00 to $101.00 and gave the stock a “buy” rating in a research report on Thursday. Bank of America increased their price objective on shares of Wells Fargo & Company from $92.00 to $100.00 and gave the company a “buy” rating in a research report on Wednesday, October 15th. Cfra Research upgraded shares of Wells Fargo & Company to a “moderate buy” rating in a research note on Wednesday, October 15th. 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, UBS Group reduced their price objective on Wells Fargo & Company from $95.00 to $93.00 and set a “buy” rating for the company in a research note on Tuesday, October 7th. Thirteen research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Wells Fargo & Company currently has a consensus rating of “Hold” and a consensus target price of $94.87.

Key Stories Impacting Wells Fargo & Company

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

• Positive Sentiment: Asset‑cap lift enabling growth — management is ramping lending and growth initiatives now that the Fed’s asset cap is gone, which supports higher future loan volumes and revenue potential. Freed from Asset Cap, Wells Fargo Ramps up Lending
• Positive Sentiment: Q4 EPS beat — Wells Fargo reported EPS above consensus (helping underlying profitability) even as revenue missed estimates; management flagged improving core profitability and stronger wealth results. Wells Fargo posts earnings beat but revenue misses expectations
• Positive Sentiment: Insider/insider‑adjacent buying — a disclosed purchase by Sen. John Boozman was reported, which some investors view as a modest signal of confidence. Sen. John Boozman Buys Wells Fargo & Company Shares
• Neutral Sentiment: Analyst reactions are mixed — several firms revised price targets and ratings after Q4 (some trims, some raises); consensus remains around a “hold”/modest upside, creating balanced near‑term analyst flow rather than a uniform boost. These Analysts Revise Their Forecasts On Wells Fargo Following Q4 Earnings
• Neutral Sentiment: New coverage and broader industry commentary — CICC initiated coverage and major outlets highlighted sector‑wide strength in trading and wealth, which could support longer‑term estimates but doesn’t remove near‑term uncertainty. Wells Fargo Coverage Initiated at CICC Research
• Negative Sentiment: Revenue missed and severance dragged on profits — commentary and reporting pointed to material severance and restructuring charges that pressured reported profit and prompted concern about near‑term earnings quality. Wells Fargo misses profit estimates on severance costs, shares fall
• Negative Sentiment: Sector and policy overhang — bank stocks broadly pulled back after earnings, and proposals to cap credit‑card rates have emerged as a regulatory risk that could hit consumer finance revenue if enacted. Bank Stocks Get Punished After Earnings—Is Valuation the Real Problem?
• Negative Sentiment: Housing sentiment softens — the NAHB/Wells Fargo Housing Market Index fell unexpectedly in January, a modest negative for mortgage origination outlooks and related loan growth. U.S. Homebuilder Confidence Unexpectedly Deteriorates In January

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.