DNB Asset Management AS Buys 15,786 Shares of Wells Fargo & Company $WFC

DNB Asset Management AS increased its position in Wells Fargo & Company (NYSE:WFC) by 2.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 625,733 shares of the financial services provider’s stock after purchasing an additional 15,786 shares during the quarter. DNB Asset Management AS’s holdings in Wells Fargo & Company were worth $52,449,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of WFC. Weaver Consulting Group lifted its holdings in shares of Wells Fargo & Company by 1.6% in the 3rd quarter. Weaver Consulting Group now owns 7,441 shares of the financial services provider’s stock worth $624,000 after buying an additional 119 shares during the period. Mesirow Financial Investment Management Inc. raised its holdings in shares of Wells Fargo & Company by 2.6% in the third quarter. Mesirow Financial Investment Management Inc. now owns 18,263 shares of the financial services provider’s stock valued at $1,531,000 after acquiring an additional 467 shares in the last quarter. Advisor OS LLC lifted its stake in Wells Fargo & Company by 16.3% in the third quarter. Advisor OS LLC now owns 8,244 shares of the financial services provider’s stock worth $691,000 after acquiring an additional 1,153 shares during the period. Interchange Capital Partners LLC grew its holdings in Wells Fargo & Company by 20.5% during the 3rd quarter. Interchange Capital Partners LLC now owns 10,199 shares of the financial services provider’s stock worth $855,000 after acquiring an additional 1,732 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. increased its position in Wells Fargo & Company by 3.3% during the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 6,415,774 shares of the financial services provider’s stock valued at $537,770,000 after purchasing an additional 204,456 shares during the period. 75.90% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Wells Fargo & Company

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?

Insider Activity

In other Wells Fargo & Company news, EVP Kleber Santos sold 25,000 shares of the firm’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $87.72, for a total value of $2,193,000.00. Following the completion of the transaction, the executive vice president owned 79,876 shares of the company’s stock, valued at approximately $7,006,722.72. This trade represents a 23.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.08% of the company’s stock.

Wells Fargo & Company Trading Down 0.5%

Wells Fargo & Company stock opened at $86.29 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 stock has a market cap of $266.26 billion, a PE ratio of 13.76, a price-to-earnings-growth ratio of 0.95 and a beta of 1.09. The stock has a 50-day moving average of $90.96 and a two-hundred day moving average of $86.37. Wells Fargo & Company has a one year low of $58.42 and a one year high of $97.76.

Wells Fargo & Company (NYSE:WFC) last issued its quarterly earnings results on Wednesday, January 14th. The financial services provider reported $1.76 earnings per share for the quarter, topping analysts’ consensus estimates of $1.66 by $0.10. The business had revenue of $21.29 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 company’s revenue was up 4.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.43 earnings per share. On average, research analysts anticipate that Wells Fargo & Company will post 5.89 EPS for the current fiscal year.

Wells Fargo & Company Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Sunday, March 1st. Shareholders 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 dividend on an annualized basis and a yield of 2.1%. Wells Fargo & Company’s dividend payout ratio is presently 28.71%.

Analyst Ratings Changes

WFC has been the subject of several research reports. TD Cowen lowered their price target on shares of Wells Fargo & Company from $102.00 to $100.00 and set a “hold” rating for the company in a research report on Thursday, January 15th. CICC Research initiated coverage on Wells Fargo & Company in a research report on Wednesday, January 14th. They set a “market perform” rating and a $96.00 target price on the stock. Argus lifted their price target on Wells Fargo & Company from $94.00 to $101.00 and gave the company a “buy” rating in a report on Thursday, January 15th. Evercore decreased their price objective on Wells Fargo & Company from $110.00 to $105.00 and set an “outperform” rating for the company in a research note on Thursday, January 15th. Finally, UBS Group reiterated a “buy” rating and issued a $113.00 target price on shares of Wells Fargo & Company in a research note on Wednesday, February 4th. Thirteen analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $97.03.

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.