Fisher Funds Management LTD Invests $1.29 Million in Wells Fargo & Company $WFC

Fisher Funds Management LTD acquired a new stake in shares of Wells Fargo & Company (NYSE:WFC) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 15,395 shares of the financial services provider’s stock, valued at approximately $1,290,000.

A number of other large investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. increased its holdings in shares of Wells Fargo & Company by 0.4% during the second quarter. Vanguard Group Inc. now owns 302,092,955 shares of the financial services provider’s stock valued at $24,203,688,000 after acquiring an additional 1,341,222 shares in the last quarter. Norges Bank purchased a new stake in Wells Fargo & Company during the 2nd quarter valued at about $3,990,551,000. Massachusetts Financial Services Co. MA increased its stake in Wells Fargo & Company by 7.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 17,859,680 shares of the financial services provider’s stock valued at $1,496,998,000 after purchasing an additional 1,223,999 shares in the last quarter. Amundi raised its holdings in Wells Fargo & Company by 18.2% in the second quarter. Amundi now owns 14,155,753 shares of the financial services provider’s stock worth $1,165,868,000 after buying an additional 2,180,693 shares during the last quarter. Finally, Pzena Investment Management LLC raised its holdings in Wells Fargo & Company by 5.5% in the second quarter. Pzena Investment Management LLC now owns 10,371,812 shares of the financial services provider’s stock worth $830,990,000 after buying an additional 542,493 shares during the last quarter. Hedge funds and other institutional investors own 75.90% of the company’s stock.

Wells Fargo & Company News Roundup

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

• Positive Sentiment: Wells Fargo projects net interest income (NII) of about $50B for 2026, citing asset-cap removal, loan growth and stronger markets revenue — a direct positive for future core earnings. Wells Fargo Expects 2026 NII to Reach $50B: What’s Fueling Growth?
• Positive Sentiment: Bank of America highlights WFC’s attractive risk/reward, which can bolster investor confidence and support the stock if sentiment improves. Wells Fargo & Company (WFC)’s Risk/Reward Looks Compelling, Says BofA
• Positive Sentiment: Jim Cramer commented that “when you drill down, the business is doing pretty well,” which can boost retail investor interest and short-term sentiment. Jim Cramer on Wells Fargo: “When You Drill Down, the Business Is Doing Pretty Well”
• Neutral Sentiment: Recent quarterly results were mixed: an EPS beat but a slight revenue shortfall — the quarter shows improving profitability but some top-line softness, which explains split investor reactions.
• Neutral Sentiment: Wells Fargo’s analysts are active on large tech names (recommending buying the dip in Broadcom), reflecting analyst research flow rather than direct impact on WFC’s fundamentals. Wells Fargo Says You Should Buy the Dip in Broadcom Stock
• Neutral Sentiment: Wells Fargo highlights Monolithic Power as a “picks-and-shovels” play tied to Nvidia’s Rubin chips — indicative of analyst sector calls, not WFC-specific drivers. Want to Invest in Nvidia’s Futuristic Rubin Chips? Consider This 1 ‘Picks-and-Shovels’ Stock Instead.
• Neutral Sentiment: Wells Fargo raised DoorDash’s price target (reiterated Equal Weight), showing the firm’s active coverage but minimal direct effect on WFC’s stock. Analysts See Over 30% Upside in DoorDash Inc. (DASH) Despite Margin Uncertainty
• Neutral Sentiment: Coverage noting Wells Fargo’s semiconductor stock picks underscores the bank’s research visibility but doesn’t directly move WFC fundamentals. Wells Fargo Can’t Get Enough of These 2 Semiconductor Stocks
• Negative Sentiment: A Seeking Alpha piece argues Wells Fargo has an “unappealing growth setup,” which can pressure investor expectations for long-term growth and weigh on the multiple. Wells Fargo: Unappealing Growth Setup
• Negative Sentiment: A reported sale of WFC shares by Rep. Julie Johnson may add short-term selling pressure or signal caution to some investors (insider sale headlines often attract attention). Rep. Julie Johnson Sells Wells Fargo & Company (NYSE:WFC) Stock

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Robert W. Baird reissued an “underperform” rating and set a $90.00 price target on shares of Wells Fargo & Company in a research report on Tuesday, January 6th. Morgan Stanley increased their target price on Wells Fargo & Company from $95.00 to $97.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 15th. Wall Street Zen upgraded Wells Fargo & Company from a “sell” rating to a “hold” rating in a research note on Saturday, October 4th. Truist Financial lowered their price target on Wells Fargo & Company from $104.00 to $100.00 and set a “buy” rating on the stock in a report on Thursday, January 15th. Finally, Baird R W downgraded Wells Fargo & Company from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 6th. Thirteen equities research analysts have rated the stock with a Buy rating, nine have assigned 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 opened at $88.36 on Tuesday. The firm has a market capitalization of $277.37 billion, a P/E ratio of 14.09, a PEG ratio of 0.81 and a beta of 1.09. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.90 and a quick ratio of 0.84. 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 $90.21 and a 200 day moving average of $84.89.

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, topping the consensus estimate of $1.66 by $0.10. The business had revenue of $21.29 billion for the quarter, compared to analysts’ expectations of $21.63 billion. Wells Fargo & Company had a return on equity of 12.90% and a net margin of 17.27%.The business’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same period last year, the firm posted $1.43 earnings per share. As a group, sell-side analysts anticipate that Wells Fargo & Company will post 5.89 EPS for the current year.

Wells Fargo & Company Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 1st. Investors 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 was Friday, November 7th. Wells Fargo & Company’s payout ratio is 28.71%.

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.