Wells Fargo & Company $WFC Stake Decreased by Amalgamated Bank

Amalgamated Bank cut its stake in Wells Fargo & Company (NYSE:WFC) by 3.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 611,976 shares of the financial services provider’s stock after selling 19,348 shares during the quarter. Amalgamated Bank’s holdings in Wells Fargo & Company were worth $51,296,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the company. Tred Avon Family Wealth LLC bought a new stake in shares of Wells Fargo & Company during the 3rd quarter worth about $285,000. Massachusetts Financial Services Co. MA lifted its holdings in Wells Fargo & Company by 7.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 17,859,680 shares of the financial services provider’s stock worth $1,496,998,000 after purchasing an additional 1,223,999 shares during the last quarter. Resonant Capital Advisors LLC boosted its position in Wells Fargo & Company by 3.9% during the third quarter. Resonant Capital Advisors LLC now owns 12,555 shares of the financial services provider’s stock worth $1,052,000 after purchasing an additional 472 shares during the period. Harel Insurance Investments & Financial Services Ltd. boosted its position in Wells Fargo & Company by 55.9% during the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 5,300 shares of the financial services provider’s stock worth $443,000 after purchasing an additional 1,900 shares during the period. Finally, Maryland State Retirement & Pension System grew its holdings in Wells Fargo & Company by 1.5% during the third quarter. Maryland State Retirement & Pension System now owns 160,816 shares of the financial services provider’s stock valued at $13,480,000 after purchasing an additional 2,423 shares during the last quarter. Institutional investors and hedge funds own 75.90% of the company’s stock.

Wells Fargo & Company Price Performance

Wells Fargo & Company stock opened at $88.36 on Friday. The company has a market cap of $277.37 billion, a P/E ratio of 14.09, a price-to-earnings-growth ratio of 0.81 and a beta of 1.09. Wells Fargo & Company has a one year low of $58.42 and a one year high of $97.76. The business has a fifty day moving average of $90.17 and a two-hundred day moving average of $84.83. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.84 and a current ratio of 0.90.

Wells Fargo & Company (NYSE:WFC) last announced its quarterly earnings results on Wednesday, January 14th. The financial services provider reported $1.76 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $21.63 billion. During the same quarter last year, the business posted $1.43 earnings per share. The business’s revenue for the quarter was up 4.5% on a year-over-year basis. As a group, analysts predict 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 declared a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Friday, November 7th were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend was Friday, November 7th. Wells Fargo & Company’s dividend payout ratio is 28.71%.

Key Stories Impacting Wells Fargo & Company

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

• Positive Sentiment: Asset‑cap lift enabling growth — management is ramping lending and growth initiatives now that the Fed’s asset cap is gone, which supports higher future loan volumes and revenue potential. Freed from Asset Cap, Wells Fargo Ramps up Lending
• Positive Sentiment: Q4 EPS beat — Wells Fargo reported EPS above consensus (helping underlying profitability) even as revenue missed estimates; management flagged improving core profitability and stronger wealth results. Wells Fargo posts earnings beat but revenue misses expectations
• Positive Sentiment: Insider/insider‑adjacent buying — a disclosed purchase by Sen. John Boozman was reported, which some investors view as a modest signal of confidence. Sen. John Boozman Buys Wells Fargo & Company Shares
• Neutral Sentiment: Analyst reactions are mixed — several firms revised price targets and ratings after Q4 (some trims, some raises); consensus remains around a “hold”/modest upside, creating balanced near‑term analyst flow rather than a uniform boost. These Analysts Revise Their Forecasts On Wells Fargo Following Q4 Earnings
• Neutral Sentiment: New coverage and broader industry commentary — CICC initiated coverage and major outlets highlighted sector‑wide strength in trading and wealth, which could support longer‑term estimates but doesn’t remove near‑term uncertainty. Wells Fargo Coverage Initiated at CICC Research
• Negative Sentiment: Revenue missed and severance dragged on profits — commentary and reporting pointed to material severance and restructuring charges that pressured reported profit and prompted concern about near‑term earnings quality. Wells Fargo misses profit estimates on severance costs, shares fall
• Negative Sentiment: Sector and policy overhang — bank stocks broadly pulled back after earnings, and proposals to cap credit‑card rates have emerged as a regulatory risk that could hit consumer finance revenue if enacted. Bank Stocks Get Punished After Earnings—Is Valuation the Real Problem?
• Negative Sentiment: Housing sentiment softens — the NAHB/Wells Fargo Housing Market Index fell unexpectedly in January, a modest negative for mortgage origination outlooks and related loan growth. U.S. Homebuilder Confidence Unexpectedly Deteriorates In January

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on WFC. Evercore ISI decreased their price target on shares of Wells Fargo & Company from $110.00 to $105.00 and set an “outperform” rating for the company in a report on Thursday. Robert W. Baird restated an “underperform” rating and set a $90.00 target price on shares of Wells Fargo & Company in a research note on Tuesday, January 6th. Keefe, Bruyette & Woods lifted their price target on Wells Fargo & Company from $92.00 to $101.00 and gave the stock a “market perform” rating in a research report on Wednesday, December 17th. Barclays raised 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, Baird R W lowered Wells Fargo & Company from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 6th. Thirteen equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $94.87.

About Wells Fargo & Company

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.