Wells Fargo & Company $WFC Position Cut by Dakota Wealth Management

Dakota Wealth Management reduced its holdings in Wells Fargo & Company (NYSE:WFC) by 53.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,210 shares of the financial services provider’s stock after selling 9,502 shares during the quarter. Dakota Wealth Management’s holdings in Wells Fargo & Company were worth $688,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Access Investment Management LLC acquired a new stake in Wells Fargo & Company in the second quarter worth about $25,000. Redmont Wealth Advisors LLC acquired a new stake in shares of Wells Fargo & Company in the 3rd quarter worth approximately $27,000. Marquette Asset Management LLC boosted its holdings in shares of Wells Fargo & Company by 472.4% in the third quarter. Marquette Asset Management LLC now owns 332 shares of the financial services provider’s stock valued at $28,000 after acquiring an additional 274 shares in the last quarter. Grey Fox Wealth Advisors LLC acquired a new position in shares of Wells Fargo & Company during the third quarter valued at approximately $30,000. Finally, Kilter Group LLC acquired a new position in shares of Wells Fargo & Company during the second quarter valued at approximately $31,000. Institutional investors and hedge funds own 75.90% of the company’s stock.

Wells Fargo & Company Trading Down 0.5%

Shares of NYSE:WFC opened at $86.29 on Friday. The firm has a fifty day moving average of $90.96 and a two-hundred day moving average of $86.37. The company has a quick ratio of 0.84, a current ratio of 0.90 and a debt-to-equity ratio of 1.05. Wells Fargo & Company has a 12-month low of $58.42 and a 12-month high of $97.76. The firm has a market capitalization 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.

Wells Fargo & Company (NYSE:WFC) last posted 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 the consensus estimate of $21.63 billion. Wells Fargo & Company had a net margin of 17.27% and a return on equity of 12.90%. Wells Fargo & Company’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same period in the prior year, the business posted $1.43 earnings per share. On average, equities analysts expect that Wells Fargo & Company will post 5.89 EPS 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 paid a dividend of $0.45 per share. 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 28.71%.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. UBS Group reiterated a “buy” rating and issued a $113.00 price target on shares of Wells Fargo & Company in a research report on Wednesday, February 4th. Wolfe Research reissued an “outperform” rating and set a $109.00 target price on shares of Wells Fargo & Company in a research note on Wednesday, January 7th. Keefe, Bruyette & Woods upped their price target on Wells Fargo & Company from $92.00 to $101.00 and gave the company a “market perform” rating in a report on Wednesday, December 17th. Argus raised their price objective on Wells Fargo & Company from $94.00 to $101.00 and gave the stock a “buy” rating in a research note on Thursday, January 15th. Finally, 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. Thirteen analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, Wells Fargo & Company has an average rating of “Moderate Buy” and an average price target of $97.03.

Insider Activity

In related news, EVP Kleber Santos sold 25,000 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $87.72, for a total value of $2,193,000.00. Following the completion of the sale, the executive vice president owned 79,876 shares of the company’s stock, valued at approximately $7,006,722.72. The trade was a 23.84% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.08% of the stock is currently owned by corporate insiders.

Key Wells Fargo & Company News

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?

Wells Fargo & Company 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.