Savvy Advisors Inc. Purchases 9,141 Shares of Wells Fargo & Company $WFC

Savvy Advisors Inc. raised its holdings in shares of Wells Fargo & Company (NYSE:WFC) by 46.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,694 shares of the financial services provider’s stock after purchasing an additional 9,141 shares during the quarter. Savvy Advisors Inc.’s holdings in Wells Fargo & Company were worth $2,674,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of WFC. Redmont Wealth Advisors LLC acquired a new stake in shares of Wells Fargo & Company in the 3rd quarter worth about $27,000. Marquette Asset Management LLC boosted its stake in Wells Fargo & Company by 472.4% during the 3rd quarter. Marquette Asset Management LLC now owns 332 shares of the financial services provider’s stock valued at $28,000 after purchasing an additional 274 shares during the last quarter. Grey Fox Wealth Advisors LLC acquired a new position in Wells Fargo & Company during the 3rd quarter valued at about $30,000. Imprint Wealth LLC bought a new stake in Wells Fargo & Company during the 3rd quarter worth approximately $31,000. Finally, Main Street Group LTD increased its holdings in Wells Fargo & Company by 36.9% during the 3rd quarter. Main Street Group LTD now owns 438 shares of the financial services provider’s stock worth $37,000 after purchasing an additional 118 shares in the last quarter. Institutional investors and hedge funds own 75.90% of the company’s stock.

Insider Transactions at Wells Fargo & Company

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 shares were sold at an average price of $87.40, for a total value of $5,244,000.00. Following the sale, the executive vice president owned 169,496 shares of the company’s stock, valued at approximately $14,813,950.40. The trade was a 26.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Bridget E. Engle sold 30,000 shares of the business’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $87.10, for a total transaction of $2,613,000.00. Following the completion of the transaction, the executive vice president owned 83,478 shares in the company, valued at approximately $7,270,933.80. The trade was a 26.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 115,000 shares of company stock worth $10,050,000 in the last ninety days. Company insiders own 0.08% of the company’s stock.

Wells Fargo & Company Price Performance

Shares of NYSE WFC opened at $80.75 on Monday. The company has a market capitalization of $249.17 billion, a PE ratio of 12.88, a PEG ratio of 0.86 and a beta of 1.06. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 1.05. The stock’s 50 day moving average price is $83.81 and its 200-day moving average price is $86.23. Wells Fargo & Company has a twelve month low of $58.42 and a twelve month 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 EPS for the quarter, beating analysts’ consensus estimates of $1.66 by $0.10. The company had revenue of $21.29 billion during 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 revenue was up 4.5% on a year-over-year basis. During the same period last year, the business posted $1.43 earnings per share. On average, equities analysts anticipate that Wells Fargo & Company will post 5.89 EPS for the current year.

Wells Fargo & Company Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Sunday, March 1st. Stockholders of record on Friday, February 6th were given a dividend of $0.45 per share. The ex-dividend date of this dividend was Friday, February 6th. This represents a $1.80 annualized dividend and a dividend yield of 2.2%. Wells Fargo & Company’s dividend payout ratio (DPR) is currently 28.71%.

Trending Headlines about Wells Fargo & Company

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

• Positive Sentiment: HSBC upgraded WFC to a “Buy,” giving the stock direct analyst support that can attract inflows and counterbalance negative headlines. Article Title
• Neutral Sentiment: Wells Fargo research continues to move markets — the firm trimmed price targets on Fiserv and Meta and initiated coverage on other names, signaling active trading/research revenue but also a cautious view on sector valuations. Article Title
• Neutral Sentiment: Wells Fargo trimmed its price target on Meta ahead of earnings — a signal of near-term caution from its equities desk rather than a direct impact on WFC fundamentals. Article Title
• Neutral Sentiment: Zacks flagged heightened investor attention on WFC, which can amplify price moves as traders react to news and analyst notes. Article Title
• Neutral Sentiment: Wells Fargo’s coverage expansion (example: initiating coverage on CACI) underscores its investment-banking/research activity, which is a modest positive for fee-related revenue but not an immediate driver of WFC share moves. Article Title
• Negative Sentiment: CEO Charlie Scharf warned simply “Reasons to worry” about the economy, injecting executive-level caution that can pressure bank shares sensitive to macro and credit-cycle concerns. Article Title
• Negative Sentiment: Wells Fargo’s markets head (Kwon) warned of continued volatility and an unfavorable backdrop over coming months, a comment that highlights downside risk to trading and capital markets revenue. Article Title
• Negative Sentiment: Morgan Stanley cut its price target on WFC to $100, a formal analyst downgrade that can cap upside and influence investor sentiment. Article Title
• Negative Sentiment: Broader macro stress from the ongoing Middle East conflict continues to sap risk appetite, lift oil and bond volatility, and raise recession/loan-loss fears that typically weigh on bank equities. Article Title

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on WFC shares. Robert W. Baird upgraded Wells Fargo & Company from an “underperform” rating to a “neutral” rating and set a $85.00 target price on the stock in a report on Friday, February 13th. Evercore reiterated an “outperform” rating on shares of Wells Fargo & Company in a report on Friday, March 6th. Weiss Ratings reissued a “buy (b)” rating on shares of Wells Fargo & Company in a research report on Wednesday, January 21st. TD Cowen dropped their price objective on 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. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Wells Fargo & Company from $99.00 to $99.50 and gave the stock a “neutral” rating in a report on Monday, February 9th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $98.13.

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.