Wells Fargo & Company (NYSE:WFC) Price Target Lowered to $100.00 at Truist Financial

Wells Fargo & Company (NYSE:WFC) had its target price trimmed by Truist Financial from $104.00 to $100.00 in a report issued on Thursday morning,Benzinga reports. The brokerage currently has a buy rating on the financial services provider’s stock.

A number of other brokerages also recently weighed in on WFC. Robert W. Baird reaffirmed an “underperform” rating and set a $90.00 price objective on shares of Wells Fargo & Company in a research report on Tuesday, January 6th. Bank of America increased their price target on shares of Wells Fargo & Company from $92.00 to $100.00 and gave the company a “buy” rating in a research report on Wednesday, October 15th. Wolfe Research reaffirmed an “outperform” rating and issued a $109.00 price objective on shares of Wells Fargo & Company in a research report on Wednesday, January 7th. Wall Street Zen upgraded shares of Wells Fargo & Company from a “sell” rating to a “hold” rating in a research note on Saturday, October 4th. Finally, Argus raised their target price on shares of Wells Fargo & Company from $94.00 to $101.00 and gave the company a “buy” rating in a research note on Thursday. Thirteen investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $94.87.

Wells Fargo & Company Stock Performance

Shares of WFC stock opened at $88.80 on Thursday. The firm has a market cap of $278.75 billion, a price-to-earnings ratio of 14.16, a PEG ratio of 0.82 and a beta of 1.09. Wells Fargo & Company has a 52-week low of $58.42 and a 52-week high of $97.76. The company has a quick ratio of 0.84, a current ratio of 0.90 and a debt-to-equity ratio of 1.05. The company’s 50 day moving average is $90.12 and its 200 day moving average is $84.75.

Wells Fargo & Company (NYSE:WFC) last announced its earnings results on Wednesday, January 14th. The financial services provider reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.66 by $0.10. Wells Fargo & Company had a return on equity of 12.90% and a net margin of 17.27%.The business had revenue of $21.29 billion for the quarter, compared to analysts’ expectations of $21.63 billion. During the same quarter last year, the firm earned $1.43 EPS. The business’s revenue for the quarter was up 4.5% on a year-over-year basis. On average, sell-side analysts anticipate that Wells Fargo & Company will post 5.89 EPS for the current fiscal year.

Wells Fargo & Company Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Friday, November 7th were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend was Friday, November 7th. Wells Fargo & Company’s payout ratio is currently 29.61%.

Institutional Investors Weigh In On Wells Fargo & Company

Institutional investors and hedge funds have recently made changes to their positions in the stock. Access Investment Management LLC purchased a new position in Wells Fargo & Company in the 2nd quarter worth $25,000. Redmont Wealth Advisors LLC acquired a new position in shares of Wells Fargo & Company in the third quarter valued at about $27,000. Marquette Asset Management LLC raised its stake in shares of Wells Fargo & Company by 472.4% in the third quarter. Marquette Asset Management LLC now owns 332 shares of the financial services provider’s stock worth $28,000 after purchasing an additional 274 shares during the last quarter. McElhenny Sheffield Capital Management LLC acquired a new stake in shares of Wells Fargo & Company during the second quarter worth about $27,000. Finally, Grey Fox Wealth Advisors LLC acquired a new stake in shares of Wells Fargo & Company during the third quarter worth about $30,000. 75.90% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Wells Fargo & Company

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

• Positive Sentiment: EPS beat and profit rise — Wells Fargo reported Q4 EPS above consensus and net income growth driven by higher net interest income, showing core profitability improvement. Wells Fargo Reports Fourth Quarter 2025 Financial Results
• Positive Sentiment: Post‑asset‑cap growth runway — Management highlighted early balance-sheet expansion after the Fed lifted the asset cap (assets up ~11%), supporting management’s push into growth initiatives (cards, wealth, AI). This underpins medium‑term revenue potential. Wells Fargo Grew Assets by 11% After Fed Lifted Asset Cap
• Positive Sentiment: Wealth management tailwind — A strong bull market lifted fee revenue in the wealth unit, helping offset weakness elsewhere. This provides a diversified revenue stream if markets hold. Bull Market for Stocks Lifts Wells Fargo’s Wealth Unit
• Neutral Sentiment: Mixed analyst reactions — Following the quarter multiple firms adjusted targets and ratings (some trims, some raises); consensus remains around a “hold” with modest upside, so analyst activity is unlikely to sharply alter sentiment alone. These Analysts Revise Their Forecasts On Wells Fargo Following Q4 Earnings
• Neutral Sentiment: Earnings call context — Management emphasized a shift toward growth and said the bank can compete on a “more level playing field” in 2026; investors should watch 2026 NII guidance and execution on cost cuts. Wells Fargo CEO Says Bank Can Compete On ‘More Level Playing Field’ In 2026
• Negative Sentiment: Revenue miss and severance drag — Revenue fell short of expectations and the quarter included roughly $612M of severance, which weighed on reported results and raised questions about near‑term operating leverage. That combination triggered the post‑earnings pullback. Wells Fargo (WFC) Stock: Earnings Miss Sends Shares Down After Strong 2025
• Negative Sentiment: Policy overhang on card rates — Broader sector risk from a proposed cap on credit‑card interest rates (10% headline) is an overhang; even if unlikely to pass easily, it increases uncertainty about future card revenue and has pressured bank stocks. Bank Stocks Get Punished After Earnings—Is Valuation the Real Problem?
• Negative Sentiment: Market reaction and sector weakness — WFC shares slipped after results and the bank’s miss contributed to broader index weakness on bank earnings day; short‑term volatility is likely to persist until guidance clarity and cost progress reassure investors. Wall Street Powers Nation’s Biggest Banks to Record Year

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.