Banque Cantonale Vaudoise lifted its holdings in shares of Wells Fargo & Company (NYSE:WFC – Free Report) by 9.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 102,987 shares of the financial services provider’s stock after acquiring an additional 9,169 shares during the period. Banque Cantonale Vaudoise’s holdings in Wells Fargo & Company were worth $8,198,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently made changes to their positions in WFC. Norges Bank bought a new stake in Wells Fargo & Company during the fourth quarter worth $4,512,563,000. Capital Research Global Investors lifted its stake in Wells Fargo & Company by 4.9% during the 4th quarter. Capital Research Global Investors now owns 37,421,387 shares of the financial services provider’s stock valued at $3,487,687,000 after acquiring an additional 1,760,484 shares in the last quarter. Legal & General Group Plc lifted its stake in Wells Fargo & Company by 0.9% during the 4th quarter. Legal & General Group Plc now owns 21,197,423 shares of the financial services provider’s stock valued at $1,975,600,000 after acquiring an additional 188,186 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Wells Fargo & Company by 13.0% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 20,625,070 shares of the financial services provider’s stock worth $1,922,257,000 after acquiring an additional 2,369,260 shares during the last quarter. Finally, Boston Partners grew its stake in shares of Wells Fargo & Company by 5.2% in the 4th quarter. Boston Partners now owns 9,606,215 shares of the financial services provider’s stock worth $895,466,000 after acquiring an additional 477,745 shares in the last quarter. Institutional investors and hedge funds own 75.90% of the company’s stock.
Wells Fargo & Company Price Performance
WFC opened at $84.28 on Thursday. Wells Fargo & Company has a fifty-two week low of $72.78 and a fifty-two week high of $97.76. The firm has a 50-day moving average of $79.59 and a 200 day moving average of $84.49. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.90 and a current ratio of 0.90. The firm has a market cap of $257.90 billion, a P/E ratio of 13.01, a PEG ratio of 0.99 and a beta of 0.93.
Wells Fargo & Company Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Friday, May 8th were issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend was Friday, May 8th. Wells Fargo & Company’s dividend payout ratio is 27.78%.
Trending Headlines about Wells Fargo & Company
Here are the key news stories impacting Wells Fargo & Company this week:
- Positive Sentiment: Wells Fargo completed the Fed’s 2026 stress test and said it intends to lift its third-quarter dividend by 11% to $0.50 per share, a signal of confidence in capital strength and shareholder returns. Article Title
- Positive Sentiment: News that several large banks, including Wells Fargo, are planning dividend increases and stock buybacks supports sentiment around the banking sector and reinforces expectations for capital return to shareholders. Article Title
Analyst Upgrades and Downgrades
Several analysts have recently commented on the stock. Evercore reiterated an “outperform” rating on shares of Wells Fargo & Company in a report on Friday, March 6th. Truist Financial reduced their price objective on shares of Wells Fargo & Company from $98.00 to $94.00 and set a “buy” rating for the company in a research report on Tuesday, March 17th. Phillip Securities upgraded shares of Wells Fargo & Company from a “moderate buy” rating to a “strong-buy” rating in a research note on Thursday, May 7th. Wall Street Zen raised shares of Wells Fargo & Company from a “sell” rating to a “hold” rating in a research report on Sunday, June 14th. Finally, Jefferies Financial Group initiated coverage on Wells Fargo & Company in a research note on Thursday, March 26th. They issued a “buy” rating and a $100.00 target price on the stock. Two research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $98.24.
Check Out Our Latest Stock Report on Wells Fargo & Company
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.
Recommended Stories
- Five stocks we like better than Wells Fargo & Company
- Why KB Home Could Reward Patient Investors Later
- Meta’s Internal Turmoil: Morale Nears 20-Year Low at the Wrong Time
- Tesla’s New NHTSA Probe Lands at the Worst Possible Time
- Nano Nuclear’s AI Data Center Deal Puts the Stock Back in Focus
Receive News & Ratings for Wells Fargo & Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wells Fargo & Company and related companies with MarketBeat.com's FREE daily email newsletter.
