Acumen Wealth Advisors LLC Decreases Stock Position in Wells Fargo & Company $WFC

Acumen Wealth Advisors LLC lessened its position in shares of Wells Fargo & Company (NYSE:WFC) by 57.5% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,743 shares of the financial services provider’s stock after selling 17,208 shares during the period. Acumen Wealth Advisors LLC’s holdings in Wells Fargo & Company were worth $1,014,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Godfrey Financial Associates Inc. purchased a new position in shares of Wells Fargo & Company during the fourth quarter worth approximately $25,000. Miller Capital Partners Inc. acquired a new position in Wells Fargo & Company in the 4th quarter valued at about $25,000. Navalign LLC acquired a new position in Wells Fargo & Company in the 4th quarter valued at about $26,000. Joseph Group Capital Management purchased a new stake in Wells Fargo & Company during the 4th quarter valued at approximately $28,000. Finally, Core Wealth Advisors LLC purchased a new position in Wells Fargo & Company in the 4th quarter valued at $29,000. Hedge funds and other institutional investors own 75.90% of the company’s stock.

More Wells Fargo & Company News

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

• Positive Sentiment: Wells Fargo announced plans to raise its dividend by 11% to $0.50 per share after the Federal Reserve’s stress test showed its capital levels remained comfortably above regulatory requirements, a sign of financial strength and room for more capital returns. This High-Yield Bank Stock Just Raised Its Dividend by 11%
• Positive Sentiment: Its latest earnings call highlighted a 25% jump in EPS, with revenue growth and efficiency gains improving across multiple business lines, suggesting the bank’s turnaround is gaining traction. Wells Fargo (WFC) Q2 2026 Earnings Call Transcript
• Positive Sentiment: Commentary from Jim Cramer and broader sector-rotation views favor banks over volatile tech stocks, which can draw investor money toward Wells Fargo and other financial names. Jim Cramer Says Stop Betting on Volatile Tech Stocks and Buy These “Boring” Sectors Instead
• Positive Sentiment: Reports that banks are turning treasury and payments platforms into growth engines point to stronger fee-based revenue opportunities for Wells Fargo beyond traditional lending. Banks Turn Treasury Platforms Into Growth Engines
• Neutral Sentiment: Capital One’s strong results and improving consumer credit trends add to the positive tone for banks overall, but do not directly change Wells Fargo’s outlook. Capital One Earnings Offer Positive Signs on Consumer Health
• Negative Sentiment: Some analyst commentary after Wells Fargo’s earnings included a price target cut, which could temper enthusiasm even as the stock remains supported by improving fundamentals. Jim Cramer Explains Why Wells Fargo Stock “Was a Steal” Despite a Price Target Cut

Wells Fargo & Company Stock Up 1.5%

WFC stock opened at $87.59 on Wednesday. The stock has a market capitalization of $268.04 billion, a P/E ratio of 12.73, a PEG ratio of 0.95 and a beta of 0.92. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.90 and a current ratio of 0.90. Wells Fargo & Company has a one year low of $72.78 and a one year high of $97.76. The company has a 50 day moving average price of $81.95 and a two-hundred day moving average price of $83.59.

Wells Fargo & Company Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Friday, May 8th were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Friday, May 8th. Wells Fargo & Company’s dividend payout ratio (DPR) is presently 26.16%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on WFC shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Wells Fargo & Company in a report on Friday. Bank of America upped their target price on shares of Wells Fargo & Company from $95.00 to $102.00 and gave the stock a “buy” rating in a research report on Tuesday, July 7th. UBS Group cut their price target on Wells Fargo & Company from $105.00 to $104.00 and set a “buy” rating for the company in a research note on Tuesday, July 7th. Keefe, Bruyette & Woods lowered their price objective on shares of Wells Fargo & Company from $98.00 to $94.00 and set a “market perform” rating on the stock in a research note on Wednesday, July 15th. Finally, HSBC raised shares of Wells Fargo & Company from a “hold” rating to a “buy” rating and set a $94.00 price objective on the stock in a research note on Wednesday, April 1st. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Wells Fargo & Company currently has a consensus rating of “Moderate Buy” and an average target price of $98.50.

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.