Wells Fargo & Company $WFC Shares Sold by Arizona State Retirement System

Arizona State Retirement System trimmed its stake in shares of Wells Fargo & Company (NYSE:WFC) by 1.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 940,468 shares of the financial services provider’s stock after selling 13,066 shares during the period. Arizona State Retirement System’s holdings in Wells Fargo & Company were worth $78,830,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Argent Advisors Inc. increased its position in shares of Wells Fargo & Company by 3.0% in the third quarter. Argent Advisors Inc. now owns 29,826 shares of the financial services provider’s stock valued at $2,500,000 after buying an additional 877 shares in the last quarter. Cahill Financial Advisors Inc. grew its stake in Wells Fargo & Company by 96.2% in the 3rd quarter. Cahill Financial Advisors Inc. now owns 17,760 shares of the financial services provider’s stock valued at $1,489,000 after acquiring an additional 8,706 shares during the last quarter. IFC Advisors LLC grew its stake in Wells Fargo & Company by 17.9% in the 3rd quarter. IFC Advisors LLC now owns 3,149 shares of the financial services provider’s stock valued at $264,000 after acquiring an additional 479 shares during the last quarter. Pittenger & Anderson Inc. increased its holdings in Wells Fargo & Company by 436.9% during the 3rd quarter. Pittenger & Anderson Inc. now owns 5,557 shares of the financial services provider’s stock valued at $466,000 after acquiring an additional 4,522 shares in the last quarter. Finally, Ritter Daniher Financial Advisory LLC DE raised its position in Wells Fargo & Company by 19.3% during the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 15,208 shares of the financial services provider’s stock worth $1,275,000 after acquiring an additional 2,459 shares during the last quarter. Institutional investors and hedge funds own 75.90% of the company’s stock.

Key Wells Fargo & Company News

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

• Positive Sentiment: Board-approved quarterly dividend of $0.45 per share (record Feb. 6; yield ~2.0%) reinforces shareholder returns and supports yield-oriented demand.
• Positive Sentiment: Wells Fargo’s partnerships are producing deal flow: Overland Advantage financed about $4B across 18 transactions in 2025, highlighting Wells Fargo’s middle‑market sourcing strength. Overland Advantage Finances ~$4B
• Positive Sentiment: The Wells Fargo — Centerbridge direct‑lending venture has arranged over $7B of deals since launch, signaling scalable fee income and expanded lending capabilities. Wells Fargo and Centerbridge Venture Has Inked $7 Billion
• Positive Sentiment: Short interest fell ~12.3% in January to ~33.7M shares (≈1.1% of float), reducing headline downside pressure and potentially supporting near‑term price stability.
• Neutral Sentiment: Zacks compares Citigroup vs. Wells Fargo for 2026 upside; analysts note Citi’s restructuring and 2026 EPS outlook may give it an edge — useful context but not an immediate company-specific catalyst. Citigroup or Wells Fargo: Which Bank Stock Has More Upside
• Neutral Sentiment: Wells Fargo flagged that the surge in AI-related capex that has been boosting tech stocks may slow this year or next — macro commentary that could affect sector flow into bank trading and underwriting activity. AI capex growth will slow
• Neutral Sentiment: Wells Fargo research raised revenue estimates for Alnylam (ALNY) on Amvuttra outlook — reflects the bank’s analyst activity but is not a company earnings driver. Wells Fargo Raises Alnylam Revenue Estimates
• Neutral Sentiment: BMO Capital Markets hired a Wells Fargo executive (Malik) as operating chief — small talent loss but typical industry movement. BMO Capital Markets hires Wells Fargo’s Malik
• Neutral Sentiment: Analyst coverage is mixed but generally modestly constructive; Wall Street sentiment remains cautiously optimistic after recent earnings beats. Are Wall Street Analysts Predicting Wells Fargo Stock Will Climb or Sink?
• Negative Sentiment: The board awarded CEO Charlie Scharf $40M for 2025 (up ~28% vs. prior year). That sizable pay increase may raise governance and activist investor concerns and could weigh on sentiment for some shareholders. Wells Fargo CEO Charlie Scharf gets 28% pay boost

Wells Fargo & Company Price Performance

Shares of WFC stock opened at $90.53 on Friday. The firm has a fifty day simple moving average of $90.76 and a 200-day simple moving average of $85.16. The company has a market capitalization of $284.19 billion, a PE ratio of 14.44, a price-to-earnings-growth ratio of 0.96 and a beta of 1.09. Wells Fargo & Company has a twelve month low of $58.42 and a twelve month high of $97.76. The company has a current ratio of 0.90, a quick ratio of 0.84 and a debt-to-equity ratio of 1.05.

Wells Fargo & Company (NYSE:WFC) last announced its quarterly earnings data on Wednesday, January 14th. The financial services provider reported $1.76 earnings per share for the quarter, topping the consensus estimate of $1.66 by $0.10. The company had revenue of $11.97 billion during the quarter, compared to analyst estimates of $21.63 billion. Wells Fargo & Company had a net margin of 17.27% and a return on equity of 12.90%. The firm’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same period last year, the business earned $1.43 EPS. Equities research analysts anticipate that Wells Fargo & Company will post 5.89 earnings per share for the current fiscal year.

Wells Fargo & Company Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Sunday, March 1st. Investors of record on Friday, February 6th will be given a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 2.0%. The ex-dividend date is Friday, February 6th. Wells Fargo & Company’s dividend payout ratio (DPR) is currently 28.71%.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on WFC shares. HSBC reissued a “hold” rating and set a $74.00 price target on shares of Wells Fargo & Company in a research report on Wednesday, January 7th. Barclays lifted their price objective on Wells Fargo & Company from $94.00 to $113.00 and gave the stock an “overweight” rating in a research report on Monday, January 5th. TD Cowen reduced their target price on shares of Wells Fargo & Company from $102.00 to $100.00 and set a “hold” rating on the stock in a report on Thursday, January 15th. Dbs Bank raised shares of Wells Fargo & Company to a “moderate buy” rating in a research note on Tuesday, October 21st. Finally, Morgan Stanley boosted their price objective on shares of Wells Fargo & Company from $95.00 to $97.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 15th. Thirteen analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $94.87.

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.