Andra AP fonden Makes New $32.75 Million Investment in Wells Fargo & Company $WFC

Andra AP fonden bought a new position in shares of Wells Fargo & Company (NYSE:WFC) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 390,700 shares of the financial services provider’s stock, valued at approximately $32,748,000.

Several other large investors have also modified their holdings of the stock. Banco Santander S.A. raised its holdings in shares of Wells Fargo & Company by 26.1% during the third quarter. Banco Santander S.A. now owns 87,274 shares of the financial services provider’s stock valued at $7,315,000 after acquiring an additional 18,047 shares during the period. Artisan Partners Limited Partnership grew its position in Wells Fargo & Company by 1.7% during the 3rd quarter. Artisan Partners Limited Partnership now owns 2,507,971 shares of the financial services provider’s stock worth $210,218,000 after purchasing an additional 41,942 shares in the last quarter. Mill Creek Capital Advisors LLC grew its position in Wells Fargo & Company by 24.4% during the 3rd quarter. Mill Creek Capital Advisors LLC now owns 3,909 shares of the financial services provider’s stock worth $328,000 after purchasing an additional 766 shares in the last quarter. Integrated Advisors Network LLC raised its stake in Wells Fargo & Company by 5.5% during the 3rd quarter. Integrated Advisors Network LLC now owns 24,786 shares of the financial services provider’s stock valued at $2,078,000 after purchasing an additional 1,290 shares during the period. Finally, DNB Asset Management AS lifted its holdings in shares of Wells Fargo & Company by 2.6% in the third quarter. DNB Asset Management AS now owns 625,733 shares of the financial services provider’s stock valued at $52,449,000 after purchasing an additional 15,786 shares in the last quarter. 75.90% of the stock is owned by institutional investors.

Wells Fargo & Company Price Performance

NYSE WFC opened at $86.29 on Friday. Wells Fargo & Company has a fifty-two week low of $58.42 and a fifty-two week high of $97.76. The stock’s 50-day moving average is $90.96 and its two-hundred day moving average is $86.37. The firm has a market cap of $266.26 billion, a P/E ratio of 13.76, a price-to-earnings-growth ratio of 0.95 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 (NYSE:WFC) last issued its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $21.63 billion. During the same period last year, the business earned $1.43 EPS. The firm’s revenue was up 4.5% compared to the same quarter last year. On average, analysts anticipate that Wells Fargo & Company will post 5.89 earnings per share for the current fiscal 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 given a $0.45 dividend. The ex-dividend date of this dividend is Friday, February 6th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.1%. Wells Fargo & Company’s dividend payout ratio (DPR) is currently 28.71%.

Insider Buying and Selling at Wells Fargo & Company

In related news, EVP Kleber Santos sold 25,000 shares of the company’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $87.72, for a total transaction of $2,193,000.00. Following the completion of the sale, the executive vice president directly owned 79,876 shares of the company’s stock, valued at approximately $7,006,722.72. This represents a 23.84% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.08% of the company’s stock.

Wells Fargo & Company News Summary

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

• Positive Sentiment: Hedge funds and analyst sentiment remain constructive — WFC is listed among top banking picks and coverage is moderately bullish (roughly half the analysts rate it Buy), which supports investor demand. What Do Further Rate Cuts Mean for Wells Fargo & Company (WFC)
• Positive Sentiment: Short interest fell sharply in February (down ~16.7% to ~26.7M shares, ~0.8% of float), reducing potential short-covering volatility and downward pressure on the stock. (Short-interest ratio ≈ 1.7 days.)
• Positive Sentiment: Management change in business banking — Wells Fargo named Devine to lead Business Banking, a move that could help execution in a key revenue segment. Wells Fargo Names Devine to Lead Business Banking
• Neutral Sentiment: Wells Fargo will fully redeem its Series BB preferred shares (140,400 shares) in mid‑March — a small-capital-structure change that removes a preferred tranche but uses cash; net impact on common equity depends on funding and capital priorities. Full Redemption of Series BB Preferred Stock
• Neutral Sentiment: Wells Fargo research activity (analyst notes and sector coverage) is active — the firm is publishing rate/price updates on other companies and issuing sector views that can influence institutional flows but are indirect to WFC’s fundamentals. Wells Fargo Raises Aflac Target, Revises Outlook
• Neutral Sentiment: Broader demographic tailwinds (rising U.S. investable assets, wealth transfer) are positive for long-term deposit/investment flows but are not an immediate catalyst. Women’s wealth is expected to boom
• Negative Sentiment: Wells Fargo has underperformed the Nasdaq over the past year, a performance gap that can deter momentum investors and ETFs that favor stronger relative performers. Is Wells Fargo Stock Underperforming the Nasdaq?
• Negative Sentiment: Competitor pressure: HSBC recently leapfrogged Wells Fargo by market cap after an upbeat report, highlighting competitive and perception risks for WFC among global banks. HSBC leapfrogs Wells Fargo by market cap
• Negative Sentiment: Relative upside debate vs. peers — some analysts argue Bank of America may offer stronger earnings/IB momentum and valuation upside, which could shift investor allocation away from WFC. Bank of America or Wells Fargo: Which Big Bank Offers More Upside?

Analysts Set New Price Targets

WFC has been the subject of a number of research analyst reports. Weiss Ratings reissued a “buy (b)” rating on shares of Wells Fargo & Company in a research report on Wednesday, January 21st. Argus upped their price objective 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, January 15th. CICC Research began coverage on shares of Wells Fargo & Company in a research note on Wednesday, January 14th. They set a “market perform” rating and a $96.00 target price for the company. JPMorgan Chase & Co. boosted their price target on shares of Wells Fargo & Company from $99.00 to $99.50 and gave the company a “neutral” rating in a report on Monday, February 9th. Finally, Keefe, Bruyette & Woods upped their price target on shares of Wells Fargo & Company from $92.00 to $101.00 and gave the stock a “market perform” rating in a research note on Wednesday, December 17th. Thirteen analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $97.03.

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.