Wells Fargo & Company $WFC Shares Sold by iA Global Asset Management Inc.

Posted by ABMN Staff on Jan 23rd, 2026

iA Global Asset Management Inc. lowered its stake in Wells Fargo & Company (NYSE:WFC) by 23.0% in the 3rd quarter, Holdings Channel.com reports. The firm owned 493,692 shares of the financial services provider’s stock after selling 147,723 shares during the period. iA Global Asset Management Inc.’s holdings in Wells Fargo & Company were worth $41,381,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of WFC. Hidden Cove Wealth Management LLC increased its holdings in Wells Fargo & Company by 2.0% in the third quarter. Hidden Cove Wealth Management LLC now owns 5,948 shares of the financial services provider’s stock valued at $499,000 after buying an additional 119 shares during the last quarter. Zullo Investment Group Inc. grew its position in shares of Wells Fargo & Company by 2.0% in the 3rd quarter. Zullo Investment Group Inc. now owns 6,340 shares of the financial services provider’s stock worth $532,000 after acquiring an additional 122 shares in the last quarter. Embree Financial Group grew its position in shares of Wells Fargo & Company by 3.9% in the 3rd quarter. Embree Financial Group now owns 3,330 shares of the financial services provider’s stock worth $279,000 after acquiring an additional 126 shares in the last quarter. Trust Co. of Vermont increased its holdings in shares of Wells Fargo & Company by 1.1% in the 3rd quarter. Trust Co. of Vermont now owns 12,098 shares of the financial services provider’s stock valued at $1,014,000 after acquiring an additional 126 shares during the last quarter. Finally, Traphagen Investment Advisors LLC raised its position in shares of Wells Fargo & Company by 2.0% during the 3rd quarter. Traphagen Investment Advisors LLC now owns 6,346 shares of the financial services provider’s stock valued at $532,000 after acquiring an additional 127 shares in the last quarter. Institutional investors own 75.90% of the company’s stock.

Wells Fargo & Company Stock Up 2.3%

Wells Fargo & Company stock opened at $88.08 on Friday. The company has a 50-day simple moving average of $90.29 and a 200-day simple moving average of $84.94. The firm has a market capitalization of $276.49 billion, a P/E ratio of 14.05, a P/E/G 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 one year low of $58.42 and a one year high of $97.76.

Wells Fargo & Company (NYSE:WFC – Get Free Report) last issued its quarterly earnings data on Wednesday, January 14th. The financial services provider reported $1.76 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $21.29 billion for the quarter, compared to the consensus estimate of $21.63 billion. During the same period last year, the firm posted $1.43 EPS. Wells Fargo & Company’s quarterly revenue was up 4.5% compared to the same quarter last year. As a group, equities analysts expect that Wells Fargo & Company will post 5.89 earnings per share for the current year.

Wells Fargo & Company Dividend Announcement

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

Key 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

Wall Street Analysts Forecast Growth

WFC has been the topic of several research analyst reports. Truist Financial reduced their price objective on Wells Fargo & Company from $104.00 to $100.00 and set a “buy” rating on the stock in a research note on Thursday, January 15th. Evercore ISI dropped their target price on shares of Wells Fargo & Company from $110.00 to $105.00 and set an “outperform” rating on the stock in a report on Thursday, January 15th. Weiss Ratings raised shares of Wells Fargo & Company from a “hold (c)” rating to a “buy (b)” rating in a report on Wednesday, October 8th. Freedom Capital downgraded shares of Wells Fargo & Company from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 15th. Finally, Morgan Stanley increased their price objective on shares of Wells Fargo & Company from $95.00 to $97.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 15th. Thirteen research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $94.87.

Check Out Our Latest Stock Report on WFC

Wells Fargo & Company Profile

(Free Report)

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.