Exchange Traded Concepts LLC lowered its holdings in Wells Fargo & Company (NYSE:WFC) by 82.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 31,012 shares of the financial services provider’s stock after selling 146,338 shares during the period. Exchange Traded Concepts LLC’s holdings in Wells Fargo & Company were worth $2,890,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of the business. Redmont Wealth Advisors LLC purchased a new stake in shares of Wells Fargo & Company during the third quarter worth $27,000. Marquette Asset Management LLC grew its position in shares of Wells Fargo & Company by 472.4% in the third 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 purchased a new position in shares of Wells Fargo & Company in the third quarter valued at $30,000. Imprint Wealth LLC bought a new stake in shares of Wells Fargo & Company during the 3rd quarter valued at $31,000. Finally, Kilter Group LLC bought a new stake in shares of Wells Fargo & Company during the 2nd quarter valued at $31,000. 75.90% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling
In related news, EVP Bridget E. Engle sold 30,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $87.10, for a total value of $2,613,000.00. Following the sale, the executive vice president directly owned 83,478 shares of the company’s stock, valued at $7,270,933.80. This trade represents a 26.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Kleber Santos sold 25,000 shares of Wells Fargo & Company stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $87.72, for a total transaction of $2,193,000.00. Following the sale, the executive vice president owned 79,876 shares of the company’s stock, valued at approximately $7,006,722.72. The trade was a 23.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 115,000 shares of company stock worth $10,050,000. Insiders own 0.14% of the company’s stock.
Wells Fargo & Company Price Performance
Wells Fargo & Company (NYSE:WFC – Get Free Report) last posted its earnings results on Wednesday, January 14th. The financial services provider reported $1.76 EPS for the quarter, topping the consensus estimate 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 business had revenue of $21.29 billion during the quarter, compared to analysts’ expectations of $21.63 billion. During the same period in the previous year, the business earned $1.43 earnings per share. The firm’s revenue was up 4.5% on a year-over-year basis. On average, research 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 disclosed a quarterly dividend, which was paid on Sunday, March 1st. Stockholders 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 dividend yield of 2.3%. Wells Fargo & Company’s payout ratio is presently 28.71%.
Wall Street Analysts Forecast Growth
A number of analysts recently issued reports on the company. Morgan Stanley dropped their price objective on Wells Fargo & Company from $108.00 to $100.00 and set an “equal weight” rating on the stock in a report on Tuesday. Jefferies Financial Group assumed coverage on Wells Fargo & Company in a research report on Thursday, March 26th. They set a “buy” rating and a $100.00 price target on the stock. Evercore reissued an “outperform” rating on shares of Wells Fargo & Company in a report on Friday, March 6th. Robert W. Baird upgraded shares of Wells Fargo & Company from an “underperform” rating to a “neutral” rating and set a $85.00 price objective for the company in a research report on Friday, February 13th. Finally, CICC Research started coverage on shares of Wells Fargo & Company in a research note on Wednesday, January 14th. They set a “market perform” rating and a $96.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $97.13.
View Our Latest Analysis on Wells Fargo & Company
Wells Fargo & Company News Roundup
Here are the key news stories impacting Wells Fargo & Company this week:
- Positive Sentiment: Broker consensus remains supportive: several broker notes still rate WFC as a buy / moderate-buy, which helps underpin demand for the shares. Wells Fargo & Company (NYSE:WFC) Receives Average Rating of “Moderate Buy” from Brokerages
- Positive Sentiment: Investor income angle: analysis highlighting ~5% capital appreciation potential from WFC.PR.L preferred shares provides an alternate, yield-focused investment route tied to the Wells Fargo franchise. Wells Fargo: 5% Capital Appreciation Potential From WFC.PR.L Preferred Shares
- Positive Sentiment: CEO commentary: Charlie Scharf pushed back on market pessimism, arguing Main Street data remain resilient — messaging that can calm investor fears about credit and consumer fragility. Markets are nervous, but Main Street isn’t: Wells Fargo CEO flags economic disconnect
- Positive Sentiment: Customer engagement research: Wells Fargo’s 2026 Money Study (wide press coverage) highlights consumer behavior and engagement that can support fee businesses and cross‑sell opportunities over time. Wells Fargo 2026 Money Study Reveals Americans Redefining the American Dream; Gen Z leaning on Parents for Financial Support
- Neutral Sentiment: Wells Fargo’s analyst shop remains active: its notes (e.g., raising GE Vernova) show the bank continues to influence sector flows, but these calls are indirect for WFC equity performance. GE Vernova Stock Jumps After Wells Fargo Boosts Price Target
- Neutral Sentiment: Analyst activity elsewhere: Wells Fargo research trimming targets on other companies (Wingstop/Uber) underscores sector-by-sector repositioning but is not a direct signal on WFC fundamentals. Wingstop Stock Near 52-Week Low as Wells Fargo Trims Target to $225
- Neutral Sentiment: Near-term rate/inflation headwinds: commentary and analyst notes (Zacks) remind investors steady Fed rates keep pressure on net interest income growth in the short run. How to Approach Wells Fargo Stock Now as the Fed Keeps Rates Steady?
- Negative Sentiment: Morgan Stanley trimmed its WFC price target (from $108 to $100) and set an equal‑weight rating — a valuation downgrade that can cool near‑term enthusiasm despite the target still implying upside. Morgan Stanley lowers WFC price target to $100 (Benzinga)
- Negative Sentiment: Wells Fargo’s research cut the S&P 500 2026 target to 7,300 citing geopolitical and growth risks — a sign the bank sees elevated macro downside that could pressure trading, markets revenue and overall sentiment. S&P 500 Price Target Slashed to 7,300 by Wells Fargo on ‘Emerging Risk’
Wells Fargo & 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.
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