Wells Fargo & Company $WFC Shares Sold by Arizona State Retirement System

Arizona State Retirement System cut its holdings in shares of Wells Fargo & Company (NYSE:WFC) by 1.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 940,468 shares of the financial services provider’s stock after selling 13,066 shares during the quarter. Arizona State Retirement System’s holdings in Wells Fargo & Company were worth $78,830,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Hidden Cove Wealth Management LLC boosted its stake in Wells Fargo & Company by 2.0% during the third quarter. Hidden Cove Wealth Management LLC now owns 5,948 shares of the financial services provider’s stock worth $499,000 after buying an additional 119 shares during the last quarter. Zullo Investment Group Inc. increased its stake in shares of Wells Fargo & Company by 2.0% in the 3rd quarter. Zullo Investment Group Inc. now owns 6,340 shares of the financial services provider’s stock worth $532,000 after acquiring an additional 122 shares during the last quarter. Embree Financial Group raised its holdings in shares of Wells Fargo & Company by 3.9% during the 3rd quarter. Embree Financial Group now owns 3,330 shares of the financial services provider’s stock worth $279,000 after acquiring an additional 126 shares during the period. Trust Co. of Vermont raised its holdings in shares of Wells Fargo & Company by 1.1% during the 3rd quarter. Trust Co. of Vermont now owns 12,098 shares of the financial services provider’s stock worth $1,014,000 after acquiring an additional 126 shares during the period. Finally, Traphagen Investment Advisors LLC boosted its position in shares of Wells Fargo & Company by 2.0% during the 3rd quarter. Traphagen Investment Advisors LLC now owns 6,346 shares of the financial services provider’s stock valued at $532,000 after acquiring an additional 127 shares during the last quarter. Hedge funds and other institutional investors own 75.90% of the company’s stock.

Analysts Set New Price Targets

WFC has been the subject of several recent analyst reports. Bank of America raised their price objective 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. Royal Bank Of Canada restated an “outperform” rating and set a $100.00 price target on shares of Wells Fargo & Company in a report on Thursday, January 15th. CICC Research started coverage on Wells Fargo & Company in a report on Wednesday, January 14th. They issued a “market perform” rating and a $96.00 price objective on the stock. UBS Group cut their target price on Wells Fargo & Company from $95.00 to $93.00 and set a “buy” rating for the company in a research note on Tuesday, October 7th. Finally, Wall Street Zen raised Wells Fargo & Company from a “sell” rating to a “hold” rating in a research note on Saturday, October 4th. Thirteen equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $94.87.

Key Wells Fargo & Company News

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

• Positive Sentiment: Board-approved quarterly dividend of $0.45 per share (record Feb. 6; yield ~2.0%) reinforces shareholder returns and supports yield-oriented demand.
• Positive Sentiment: Wells Fargo’s partnerships are producing deal flow: Overland Advantage financed about $4B across 18 transactions in 2025, highlighting Wells Fargo’s middle‑market sourcing strength. Overland Advantage Finances ~$4B
• Positive Sentiment: The Wells Fargo — Centerbridge direct‑lending venture has arranged over $7B of deals since launch, signaling scalable fee income and expanded lending capabilities. Wells Fargo and Centerbridge Venture Has Inked $7 Billion
• Positive Sentiment: Short interest fell ~12.3% in January to ~33.7M shares (≈1.1% of float), reducing headline downside pressure and potentially supporting near‑term price stability.
• Neutral Sentiment: Zacks compares Citigroup vs. Wells Fargo for 2026 upside; analysts note Citi’s restructuring and 2026 EPS outlook may give it an edge — useful context but not an immediate company-specific catalyst. Citigroup or Wells Fargo: Which Bank Stock Has More Upside
• Neutral Sentiment: Wells Fargo flagged that the surge in AI-related capex that has been boosting tech stocks may slow this year or next — macro commentary that could affect sector flow into bank trading and underwriting activity. AI capex growth will slow
• Neutral Sentiment: Wells Fargo research raised revenue estimates for Alnylam (ALNY) on Amvuttra outlook — reflects the bank’s analyst activity but is not a company earnings driver. Wells Fargo Raises Alnylam Revenue Estimates
• Neutral Sentiment: BMO Capital Markets hired a Wells Fargo executive (Malik) as operating chief — small talent loss but typical industry movement. BMO Capital Markets hires Wells Fargo’s Malik
• Neutral Sentiment: Analyst coverage is mixed but generally modestly constructive; Wall Street sentiment remains cautiously optimistic after recent earnings beats. Are Wall Street Analysts Predicting Wells Fargo Stock Will Climb or Sink?
• Negative Sentiment: The board awarded CEO Charlie Scharf $40M for 2025 (up ~28% vs. prior year). That sizable pay increase may raise governance and activist investor concerns and could weigh on sentiment for some shareholders. Wells Fargo CEO Charlie Scharf gets 28% pay boost

Wells Fargo & Company Stock Up 2.8%

Shares of NYSE WFC opened at $90.53 on Friday. The business has a 50-day moving average of $90.76 and a two-hundred day moving average of $85.16. The company has a market capitalization of $284.19 billion, a price-to-earnings ratio of 14.44, a price-to-earnings-growth ratio of 0.96 and a beta of 1.09. Wells Fargo & Company has a 1 year low of $58.42 and a 1 year high of $97.76. 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 (NYSE:WFC) last issued its quarterly earnings data 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 company had revenue of $11.97 billion for the quarter, compared to analyst estimates 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 quarterly revenue was up 4.5% compared to the same quarter last year. During the same quarter last year, the company posted $1.43 earnings per share. On average, analysts forecast that Wells Fargo & Company will post 5.89 earnings per share for the current fiscal year.

Wells Fargo & Company Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Sunday, March 1st. Investors of record on Friday, February 6th will be paid a $0.45 dividend. The ex-dividend date is Friday, February 6th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.0%. 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.