Citizens Financial Group Inc. RI Purchases 9,491 Shares of Wells Fargo & Company $WFC

Citizens Financial Group Inc. RI grew its holdings in shares of Wells Fargo & Company (NYSE:WFC) by 3.1% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 311,028 shares of the financial services provider’s stock after purchasing an additional 9,491 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in Wells Fargo & Company were worth $26,070,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Livforsakringsbolaget Skandia Omsesidigt raised its position in Wells Fargo & Company by 2,735,254.3% in the second quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 949,769,723 shares of the financial services provider’s stock worth $76,095,550,000 after acquiring an additional 949,735,001 shares during the period. Vanguard Group Inc. raised its holdings in Wells Fargo & Company by 0.4% in the 2nd quarter. Vanguard Group Inc. now owns 302,092,955 shares of the financial services provider’s stock worth $24,203,688,000 after purchasing an additional 1,341,222 shares during the period. Norges Bank bought a new position in Wells Fargo & Company in the 2nd quarter worth $3,990,551,000. Massachusetts Financial Services Co. MA lifted its position in Wells Fargo & Company by 54.9% during the second quarter. Massachusetts Financial Services Co. MA now owns 16,635,681 shares of the financial services provider’s stock valued at $1,332,851,000 after purchasing an additional 5,894,747 shares in the last quarter. Finally, Amundi grew its holdings in Wells Fargo & Company by 18.2% during the second quarter. Amundi now owns 14,155,753 shares of the financial services provider’s stock valued at $1,165,868,000 after purchasing an additional 2,180,693 shares during the period. Hedge funds and other institutional investors own 75.90% of the company’s stock.

Analysts Set New Price Targets

WFC has been the topic of several recent research reports. Evercore ISI reaffirmed an “outperform” rating and issued a $110.00 price objective on shares of Wells Fargo & Company in a research note on Tuesday, January 6th. Truist Financial increased their target price on shares of Wells Fargo & Company from $100.00 to $104.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. Robert W. Baird reaffirmed an “underperform” rating and set a $90.00 price target on shares of Wells Fargo & Company in a report on Tuesday, January 6th. Barclays upped their price target on shares of Wells Fargo & Company from $94.00 to $113.00 and gave the stock an “overweight” rating in a research report on Monday, January 5th. Finally, Weiss Ratings upgraded shares of Wells Fargo & Company from a “hold (c)” rating to a “buy (b)” rating in a research report on Wednesday, October 8th. Twelve equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $93.91.

More Wells Fargo & Company News

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

• Positive Sentiment: Zacks and other previews expect rising NII and solid loan demand for Q4, supporting the view that Wells Fargo could beat estimates again — a catalyst for upside if confirmed when results arrive. Should You Buy, Hold or Sell Wells Fargo Stock Ahead of Q4 Earnings?
• Positive Sentiment: Zacks and other analysts highlight WFC’s strong earnings-surprise history and expect the bank to have the earnings mix that supports another beat — positive for near-term sentiment. Will Wells Fargo (WFC) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: TD Cowen published a bullish forecast calling for strong price appreciation, which may attract momentum buyers and support the rally. TD Cowen Forecasts Strong Price Appreciation for WFC
• Positive Sentiment: Seeking Alpha’s preview argues WFC’s rerating is largely complete and that execution and fee-based revenue strength support a higher valuation target — a constructive medium-term thesis. Wells Fargo Preview Q4 2025
• Neutral Sentiment: Zacks published a detailed piece on Wall Street projections for WFC’s Q4 metrics (NII, loans, fees and credit metrics) — useful for traders sizing expectations but not an immediate price driver by itself. Insights Into Wells Fargo Q4
• Neutral Sentiment: Wells Fargo research published sector notes (on Walmart and Nucor) and added Merck to a tactical list — signals that WFC’s research desk is active but these items are indirect to WFC equity moves. Wells Fargo Sees Opportunity at Walmart
• Neutral Sentiment: Wells Fargo economists flagged a likely rebound in December CPI after a shutdown-distorted November — a macro note that could influence rate expectations and bank NII, but its net effect is ambiguous. December CPI rebound expected
• Negative Sentiment: Robert W. Baird reiterated an Underperform/low-rating for WFC and related coverage noted downgrades; bearish notes can pressure the stock by discouraging institutional buyers. Baird Reiterates Underperform
• Negative Sentiment: Baird R W cut WFC to “Strong Sell” in a separate note, creating a counterweight to bullish expectations and increasing near-term volatility. WFC Cut to Strong Sell at Baird R W
• Negative Sentiment: Some previews warn of lower non-interest income and potential asset-quality pressure that could blunt upside even if NII rises — a key risk for the upcoming report. Should You Buy, Hold or Sell WFC Ahead of Q4?

Wells Fargo & Company Price Performance

Shares of NYSE:WFC opened at $95.94 on Monday. The firm has a market cap of $301.17 billion, a price-to-earnings ratio of 15.78, a P/E/G ratio of 0.88 and a beta of 1.09. The firm has a fifty day moving average price of $89.74 and a 200 day moving average price of $84.49. Wells Fargo & Company has a fifty-two week low of $58.42 and a fifty-two week high of $97.76. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.84 and a current ratio of 0.84.

Wells Fargo & Company (NYSE:WFC) last announced its quarterly earnings results on Tuesday, October 14th. The financial services provider reported $1.73 EPS for the quarter, topping the consensus estimate of $1.55 by $0.18. Wells Fargo & Company had a net margin of 17.18% and a return on equity of 12.51%. The business had revenue of $21.44 billion for the quarter, compared to analysts’ expectations of $21.11 billion. During the same quarter in the previous year, the company earned $1.42 EPS. The business’s quarterly revenue was up 5.3% compared to the same quarter last year. As a group, sell-side analysts expect that Wells Fargo & Company will post 5.89 earnings per share for the current fiscal year.

Wells Fargo & Company Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Friday, November 7th were paid a dividend of $0.45 per share. The ex-dividend date of this dividend was Friday, November 7th. This represents a $1.80 dividend on an annualized basis and a yield of 1.9%. Wells Fargo & Company’s dividend payout ratio is presently 29.61%.

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.