Patton Albertson Miller Group LLC Sells 8,420 Shares of Wells Fargo & Company $WFC

Patton Albertson Miller Group LLC decreased its holdings in shares of Wells Fargo & Company (NYSE:WFC) by 60.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,492 shares of the financial services provider’s stock after selling 8,420 shares during the quarter. Patton Albertson Miller Group LLC’s holdings in Wells Fargo & Company were worth $460,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Cloud Capital Management LLC bought a new stake in shares of Wells Fargo & Company in the 3rd quarter worth about $37,000. LRI Investments LLC lifted its holdings in shares of Wells Fargo & Company by 243.3% in the 3rd quarter. LRI Investments LLC now owns 26,284 shares of the financial services provider’s stock valued at $2,203,000 after acquiring an additional 18,628 shares during the last quarter. Fidelis Capital Partners LLC grew its position in Wells Fargo & Company by 23.7% in the third quarter. Fidelis Capital Partners LLC now owns 39,938 shares of the financial services provider’s stock worth $3,348,000 after acquiring an additional 7,657 shares in the last quarter. Folger Nolan Fleming Douglas Capital Management Inc. increased its stake in Wells Fargo & Company by 1.2% during the third quarter. Folger Nolan Fleming Douglas Capital Management Inc. now owns 71,533 shares of the financial services provider’s stock worth $5,996,000 after acquiring an additional 837 shares during the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC raised its position in Wells Fargo & Company by 101.7% during the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 28,337 shares of the financial services provider’s stock valued at $2,375,000 after purchasing an additional 14,285 shares during the period. 75.90% of the stock is owned by hedge funds and other institutional investors.

Wells Fargo & Company Stock Performance

Wells Fargo & Company stock opened at $90.50 on Friday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.84 and a current ratio of 0.90. The company has a market capitalization of $284.08 billion, a PE ratio of 14.43, a P/E/G ratio of 0.99 and a beta of 1.09. The company has a 50 day moving average price of $90.91 and a 200-day moving average price of $85.21. Wells Fargo & Company has a fifty-two week low of $58.42 and a fifty-two week high of $97.76.

Wells Fargo & Company (NYSE:WFC) last released its quarterly earnings data on Wednesday, January 14th. The financial services provider reported $1.76 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 the consensus estimate of $21.63 billion. Wells Fargo & Company had a return on equity of 12.90% and a net margin of 17.27%.Wells Fargo & Company’s quarterly revenue was up 4.5% on a year-over-year basis. During the same period last year, the business posted $1.43 EPS. As a group, equities analysts forecast that Wells Fargo & Company will post 5.89 earnings per share for the current year.

Wells Fargo & Company Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Sunday, March 1st. Stockholders of record on Friday, February 6th will be paid a dividend of $0.45 per share. The ex-dividend date is Friday, February 6th. This represents a $1.80 annualized dividend and a dividend yield of 2.0%. Wells Fargo & Company’s dividend payout ratio (DPR) is currently 28.71%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Wolfe Research reiterated an “outperform” rating and issued a $109.00 target price on shares of Wells Fargo & Company in a report on Wednesday, January 7th. Robert W. Baird lowered shares of Wells Fargo & Company from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 6th. TD Cowen reduced their target price on shares of Wells Fargo & Company from $102.00 to $100.00 and set a “hold” rating on the stock in a research note on Thursday, January 15th. Royal Bank Of Canada restated an “outperform” rating and issued a $100.00 target price on shares of Wells Fargo & Company in a report on Thursday, January 15th. Finally, Freedom Capital downgraded shares of Wells Fargo & Company from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 15th. Thirteen investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Wells Fargo & Company currently has a consensus rating of “Moderate Buy” and an average target price of $94.87.

Key Wells Fargo & Company News

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

• Positive Sentiment: Strong middle‑market lending / private credit deal flow — Wells Fargo‑linked ventures reported sizable origination totals that support fee income and lending growth. Truist and Evercore lower Wells Fargo (WFC) price targets, stay bullish
• Positive Sentiment: Wells Fargo/Centerbridge direct‑lending venture has originated >$7B and a related Overland partnership financed ~$4B in 2025 — signals growing non‑interest income and diversification into private credit. Wells Fargo and Centerbridge Venture Has Inked $7 Billion in Deals
• Neutral Sentiment: Wells Fargo launched an in‑house proxy‑voting system — may reduce reliance on third‑party advisers and regulatory friction, but the near‑term financial impact is limited. Wells Fargo Launches In-House Voting System To Cut Reliance On Proxy Advisors
• Neutral Sentiment: Wells Fargo research is active and visible (e.g., raised Broadcom target, maintained calls on Comcast/Mosaic); useful for fee/flow businesses but not an immediate driver of WFC’s valuation. Wells Fargo Boosts Broadcom (AVGO) Price Target on New Growth Catalysts
• Neutral Sentiment: Wells Fargo analysts flagged a potential slowdown in AI capex in coming quarters — relevant to market tech exposure but an indirect factor for WFC. The $600 billion wave of AI ‘capex’ growth boosting tech stocks will slow down this year or next, analysts warn
• Negative Sentiment: CEO Charlie Scharf’s total pay rose ~28% to $40M for 2025 — a governance/cost signal that can provoke investor pushback despite management saying pay reflects progress on regulatory issues. Wells Fargo CEO Charlie Scharf gets 28% pay boost to $40 million
• Negative Sentiment: Cited broker/analyst moves: some firms trimmed Wells Fargo price targets (Truist, Evercore references), which can cap near‑term upside and weigh on sentiment. Truist and Evercore lower Wells Fargo (WFC) price targets, stay bullish

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.