Wells Fargo & Company (NYSE:WFC – Free Report) – Investment analysts at Seaport Res Ptn upped their FY2025 EPS estimates for Wells Fargo & Company in a research report issued to clients and investors on Monday, October 20th. Seaport Res Ptn analyst J. Mitchell now anticipates that the financial services provider will earn $6.22 per share for the year, up from their previous estimate of $5.93. The consensus estimate for Wells Fargo & Company’s current full-year earnings is $5.89 per share. Seaport Res Ptn also issued estimates for Wells Fargo & Company’s Q1 2026 earnings at $1.56 EPS and Q2 2026 earnings at $1.79 EPS.
WFC has been the topic of several other reports. Bank of America upped their price target on shares of Wells Fargo & Company from $92.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, October 15th. Evercore ISI increased their price objective on shares of Wells Fargo & Company from $94.00 to $98.00 and gave the company an “outperform” rating in a research report on Tuesday, September 30th. UBS Group dropped their price objective on shares of Wells Fargo & Company from $95.00 to $93.00 and set a “buy” rating on the stock in a research report on Tuesday, October 7th. The Goldman Sachs Group dropped their price objective on shares of Wells Fargo & Company from $92.00 to $91.00 and set a “buy” rating on the stock in a research report on Wednesday, July 16th. Finally, Raymond James Financial lowered shares of Wells Fargo & Company from a “strong-buy” rating to a “market perform” rating in a research report on Monday, July 7th. Ten equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $89.57.
Wells Fargo & Company Stock Performance
NYSE WFC opened at $83.91 on Wednesday. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 1.07. The firm’s fifty day moving average price is $81.61 and its two-hundred day moving average price is $77.29. Wells Fargo & Company has a 1 year low of $58.42 and a 1 year high of $87.47. The firm has a market capitalization of $268.79 billion, a P/E ratio of 13.80, a price-to-earnings-growth ratio of 1.16 and a beta of 1.25.
Wells Fargo & Company (NYSE:WFC – Get Free Report) last posted its quarterly earnings results on Tuesday, October 14th. The financial services provider reported $1.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.55 by $0.11. Wells Fargo & Company had a net margin of 17.18% and a return on equity of 12.51%. The firm had revenue of $21.44 billion for the quarter, compared to analyst estimates of $21.11 billion. During the same period in the prior year, the firm posted $1.42 earnings per share. The company’s quarterly revenue was up 5.3% compared to the same quarter last year.
Institutional Investors Weigh In On Wells Fargo & Company
A number of large investors have recently bought and sold shares of WFC. Brighton Jones LLC grew its stake in Wells Fargo & Company by 62.3% during the fourth quarter. Brighton Jones LLC now owns 66,233 shares of the financial services provider’s stock worth $4,652,000 after buying an additional 25,436 shares in the last quarter. GAMMA Investing LLC grew its stake in Wells Fargo & Company by 11.3% during the first quarter. GAMMA Investing LLC now owns 47,264 shares of the financial services provider’s stock worth $3,393,000 after buying an additional 4,786 shares in the last quarter. Advisor Resource Council acquired a new stake in Wells Fargo & Company during the first quarter worth about $326,000. Oppenheimer & Co. Inc. boosted its stake in shares of Wells Fargo & Company by 51.7% in the 1st quarter. Oppenheimer & Co. Inc. now owns 66,766 shares of the financial services provider’s stock valued at $4,793,000 after purchasing an additional 22,759 shares in the last quarter. Finally, Walkner Condon Financial Advisors LLC boosted its stake in shares of Wells Fargo & Company by 7.7% in the 1st quarter. Walkner Condon Financial Advisors LLC now owns 3,778 shares of the financial services provider’s stock valued at $271,000 after purchasing an additional 271 shares in the last quarter. 75.90% of the stock is currently owned by institutional investors and hedge funds.
Wells Fargo & Company Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, September 1st. Shareholders of record on Friday, August 8th were paid a dividend of $0.45 per share. The ex-dividend date was Friday, August 8th. This is a positive change from Wells Fargo & Company’s previous quarterly dividend of $0.40. This represents a $1.80 dividend on an annualized basis and a yield of 2.1%. Wells Fargo & Company’s dividend payout ratio is currently 29.61%.
Wells Fargo & Company Company Profile
Wells Fargo & Co is a diversified and community-based financial services company, which engages in the provision of banking, insurance, investments, mortgage, and consumer and commercial finance products and services. It operates through the following segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management.
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