Wells Fargo & Company $WFC Shares Bought by Achmea Investment Management B.V.

Achmea Investment Management B.V. raised its holdings in Wells Fargo & Company (NYSE:WFC) by 12.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 283,582 shares of the financial services provider’s stock after buying an additional 32,094 shares during the quarter. Achmea Investment Management B.V.’s holdings in Wells Fargo & Company were worth $23,770,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Redmont Wealth Advisors LLC acquired a new position in Wells Fargo & Company during the 3rd quarter valued at approximately $27,000. Marquette Asset Management LLC raised 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 worth $28,000 after buying an additional 274 shares during the last quarter. Grey Fox Wealth Advisors LLC acquired a new stake in shares of Wells Fargo & Company during the third quarter worth $30,000. Kilter Group LLC acquired a new stake in shares of Wells Fargo & Company during the second quarter worth $31,000. Finally, Imprint Wealth LLC purchased a new stake in shares of Wells Fargo & Company during the third quarter valued at $31,000. Institutional investors and hedge funds own 75.90% of the company’s stock.

Key Stories Impacting Wells Fargo & Company

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

• Positive Sentiment: FiNet wins three advisory teams representing about $1.2B of client assets, a concrete retention/growth win for Wells Fargo’s independent channel that should help fee income and distribution. Read More.
• Positive Sentiment: Wells Fargo filed a trademark for “WFUSD,” signaling a potential stablecoin product and deeper participation in digital asset payments/tokenization—a strategic growth vector that investors can view as long-term revenue diversification. Read More.
• Positive Sentiment: Homebuilder confidence (NAHB/Wells Fargo HMI) ticked up in March, a modest data point supporting mortgage and consumer-related business lines. Read More.
• Neutral Sentiment: Truist lowered its WFC price target from $98 to $94 but kept a Buy rating — a slight inflection to expectations but not a ratings downgrade. Read More.
• Neutral Sentiment: Evercore ISI trimmed its price target (from $105 to $98) while maintaining Buy, and other Wells Fargo research actions (coverage of Polaris, upgrades on peers) highlight continued analyst activity but don’t materially change WFC fundamentals. Read More.
• Neutral Sentiment: Analyst pieces (Zacks, firm research citations) discuss Wells Fargo’s capital-return capacity and strategy, which supports the thesis for buybacks/dividends but depends on credit and regulatory outlook. Read More.
• Negative Sentiment: Sector pressure from private credit and “shadow banking” instability is cited as a headwind for bank stocks, including Wells Fargo, raising funding and credit-risk concerns that can compress multiples. Read More.
• Negative Sentiment: Broader market risks — geopolitical fallout from the Iran war and elevated private credit worries — are cited by market commentators and could sap investor risk appetite for cyclical banks. Read More.
• Negative Sentiment: Coverage noting weak share momentum and valuation pressure for WFC highlights that, despite strategic initiatives, the stock still faces downward valuation risk until sentiment or fundamentals (credit, margins) improve. Read More.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. CICC Research assumed coverage on Wells Fargo & Company in a research report on Wednesday, January 14th. They issued a “market perform” rating and a $96.00 target price on the stock. JPMorgan Chase & Co. boosted their price target on Wells Fargo & Company from $99.00 to $99.50 and gave the company a “neutral” rating in a research note on Monday, February 9th. TD Cowen cut their price objective on Wells Fargo & Company from $102.00 to $100.00 and set a “hold” rating on the stock in a report on Thursday, January 15th. Weiss Ratings restated a “buy (b)” rating on shares of Wells Fargo & Company in a research note on Wednesday, January 21st. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set 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 given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $96.71.

Insiders Place Their Bets

In other Wells Fargo & Company news, EVP Ellen R. Patterson sold 60,000 shares of Wells Fargo & Company stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $87.40, for a total value of $5,244,000.00. Following the completion of the transaction, the executive vice president directly owned 169,496 shares of the company’s stock, valued at $14,813,950.40. The trade was a 26.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Kleber Santos sold 25,000 shares of the business’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $87.72, for a total transaction 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 position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 115,000 shares of company stock valued at $10,050,000 over the last quarter. 0.08% of the stock is owned by insiders.

Wells Fargo & Company Trading Up 0.6%

Shares of Wells Fargo & Company stock opened at $76.23 on Wednesday. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 1.05. Wells Fargo & Company has a twelve month low of $58.42 and a twelve month high of $97.76. The firm has a market capitalization of $235.21 billion, a PE ratio of 12.16, a P/E/G ratio of 0.83 and a beta of 1.08. The firm’s 50-day moving average price is $86.90 and its 200 day moving average price is $86.45.

Wells Fargo & Company (NYSE:WFC) last posted 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. Wells Fargo & Company had a return on equity of 12.90% and a net margin of 17.27%.The company had revenue of $21.29 billion during the quarter, compared to analyst estimates of $21.63 billion. During the same period in the previous year, the business earned $1.43 EPS. Wells Fargo & Company’s quarterly revenue was up 4.5% on a year-over-year basis. On average, sell-side analysts predict that Wells Fargo & Company will post 5.89 EPS for the current fiscal year.

Wells Fargo & Company Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Sunday, March 1st. Stockholders of record on Friday, February 6th were issued a dividend of $0.45 per share. The ex-dividend date was Friday, February 6th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.4%. Wells Fargo & Company’s dividend payout ratio (DPR) is currently 28.71%.

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.