Cvfg LLC Invests $472,000 in Wells Fargo & Company $WFC

Cvfg LLC purchased a new stake in Wells Fargo & Company (NYSE:WFC) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 5,931 shares of the financial services provider’s stock, valued at approximately $472,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in WFC. Norges Bank bought a new position in Wells Fargo & Company during the 4th quarter worth about $4,512,563,000. Mawer Investment Management Ltd. lifted its holdings in shares of Wells Fargo & Company by 177.7% in the fourth quarter. Mawer Investment Management Ltd. now owns 4,876,127 shares of the financial services provider’s stock valued at $454,455,000 after purchasing an additional 3,120,399 shares in the last quarter. Danske Bank A S bought a new stake in shares of Wells Fargo & Company in the third quarter valued at about $215,638,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Wells Fargo & Company by 13.0% during the fourth 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 buying an additional 2,369,260 shares during the period. Finally, PFA Pension Forsikringsaktieselskab acquired a new position in shares of Wells Fargo & Company during the fourth quarter worth about $173,651,000. 75.90% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages recently issued reports on WFC. Piper Sandler reissued an “overweight” rating and issued a $94.00 target price (down from $100.00) on shares of Wells Fargo & Company in a research report on Wednesday, April 15th. Truist Financial raised their price target on shares of Wells Fargo & Company from $90.00 to $94.00 and gave the stock a “buy” rating in a research note on Friday, June 26th. JPMorgan Chase & Co. lifted their price objective on shares of Wells Fargo & Company from $86.50 to $93.50 and gave the company a “neutral” rating in a report on Monday. Raymond James Financial started coverage on shares of Wells Fargo & Company in a research report on Wednesday. They issued a “market perform” rating on the stock. Finally, Bank of America increased their target price on shares of Wells Fargo & Company from $95.00 to $102.00 and gave the stock a “buy” rating in a report on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, Wells Fargo & Company has a consensus rating of “Moderate Buy” and an average price target of $98.34.

Wells Fargo & Company Stock Performance

Shares of NYSE WFC opened at $85.70 on Thursday. 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 stock has a 50 day moving average price of $80.44 and a 200 day moving average price of $84.06. The stock has a market capitalization of $262.26 billion, a PE ratio of 13.23, a price-to-earnings-growth ratio of 1.00 and a beta of 0.92. Wells Fargo & Company has a 52 week low of $72.78 and a 52 week high of $97.76.

Wells Fargo & Company (NYSE:WFC) last posted its quarterly earnings results on Tuesday, April 14th. The financial services provider reported $1.60 earnings per share for the quarter, topping the consensus estimate of $1.58 by $0.02. Wells Fargo & Company had a return on equity of 13.27% and a net margin of 17.26%.The firm had revenue of $11.62 billion for the quarter, compared to analyst estimates of $21.85 billion. During the same quarter in the previous year, the firm earned $1.39 EPS. The business’s quarterly revenue was up 6.4% on a year-over-year basis. Analysts predict that Wells Fargo & Company will post 6.98 earnings per share for the current fiscal year.

Wells Fargo & Company Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Friday, May 8th were issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Friday, May 8th. Wells Fargo & Company’s payout ratio is presently 27.78%.

Key Stories Impacting Wells Fargo & Company

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

• Positive Sentiment: Bank of America raised its price target on Wells Fargo & Company (WFC) to $102 and kept a buy rating, signaling confidence in further upside.
• Positive Sentiment: UBS also maintained a buy rating and lifted its target to $104, reinforcing the bullish analyst backdrop for WFC.
• Positive Sentiment: Wells Fargo is expected to report second-quarter 2026 earnings on July 14, and preview notes suggest investors are focused on net interest margin trends and possible earnings strength.
• Positive Sentiment: Broader enthusiasm for financial stocks ahead of Q2 results is supporting the group, with analysts pointing to strong trading and fee income trends across large banks.
• Neutral Sentiment: Raymond James initiated coverage of Wells Fargo with a market perform rating, which adds a more cautious voice but does not materially change the overall positive analyst tone.
• Neutral Sentiment: Wells Fargo’s recent bond issuance activity and valuation discussions suggest investors are also weighing capital-market activity and fair-value arguments, but these items are not as immediate a catalyst as earnings.

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.