Culbertson A N & Co. Inc. Raises Stake in Wells Fargo & Company $WFC

Culbertson A N & Co. Inc. increased its stake in shares of Wells Fargo & Company (NYSE:WFC) by 14.4% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 85,611 shares of the financial services provider’s stock after purchasing an additional 10,800 shares during the period. Wells Fargo & Company accounts for 1.1% of Culbertson A N & Co. Inc.’s investment portfolio, making the stock its 26th largest position. Culbertson A N & Co. Inc.’s holdings in Wells Fargo & Company were worth $7,979,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the stock. Private Wealth Group LLC lifted its holdings in Wells Fargo & Company by 2.5% during the 4th quarter. Private Wealth Group LLC now owns 4,514 shares of the financial services provider’s stock worth $421,000 after purchasing an additional 108 shares in the last quarter. Main Street Group LTD lifted 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. D Orazio & Associates Inc. lifted its holdings in Wells Fargo & Company by 3.6% during the 3rd quarter. D Orazio & Associates Inc. now owns 3,436 shares of the financial services provider’s stock worth $288,000 after purchasing an additional 118 shares in the last quarter. Stonebrook Private Inc. lifted its holdings in Wells Fargo & Company by 2.7% during the 3rd quarter. Stonebrook Private Inc. now owns 4,511 shares of the financial services provider’s stock worth $378,000 after purchasing an additional 118 shares in the last quarter. Finally, Hidden Cove Wealth Management LLC lifted its holdings in Wells Fargo & Company by 2.0% during the 3rd quarter. Hidden Cove Wealth Management LLC now owns 5,948 shares of the financial services provider’s stock worth $499,000 after purchasing an additional 119 shares in the last quarter. Hedge funds and other institutional investors own 75.90% of the company’s stock.

Wells Fargo & Company Price Performance

Shares of NYSE WFC opened at $81.69 on Wednesday. The firm has a market capitalization of $252.07 billion, a P/E ratio of 13.03, a P/E/G 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 simple moving average is $83.55 and its two-hundred day simple moving average is $86.20. Wells Fargo & Company has a twelve month low of $59.43 and a twelve month high of $97.76.

Wells Fargo & Company (NYSE:WFC) last announced its 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 quarterly revenue was up 4.5% compared to the same quarter last year. During the same period in the prior year, the company earned $1.43 EPS. As a group, equities analysts anticipate that Wells Fargo & Company will post 5.89 EPS for the current fiscal year.

Wells Fargo & Company Dividend Announcement

The company also recently disclosed 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 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 is 28.71%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on WFC shares. JPMorgan Chase & Co. decreased their target price on Wells Fargo & Company from $99.50 to $91.00 and set a “neutral” rating on the stock in a research note on Tuesday. Wolfe Research restated an “outperform” rating and issued a $109.00 target price on shares of Wells Fargo & Company in a research note on Wednesday, January 7th. 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 research note on Friday, February 13th. Royal Bank Of Canada restated an “outperform” rating and issued a $100.00 target price on shares of Wells Fargo & Company in a research note on Thursday, January 15th. Finally, HSBC upgraded Wells Fargo & Company from a “hold” rating to a “buy” rating and set a $94.00 target price on the stock in a research note on Wednesday, April 1st. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $97.70.

Key Headlines Impacting Wells Fargo & Company

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

• Positive Sentiment: Wells Fargo completed several senior unsecured fixed-rate and step-up note offerings (2029–2046) and expanded an FX payments workflow with Jack Henry/Derivative Path, which can improve funding diversification and fee revenue from community-bank clients. Is Wells Fargo (WFC) Quietly Redefining Its Balance Sheet Strategy With New Notes and FX Deals?
• Positive Sentiment: Wells Fargo Investment Institute now expects Fed rates to remain higher for longer (no cuts in 2026). For large banks, a higher-rate environment can support stronger net interest income and margins. Wells Fargo no longer expects Fed rate cuts in 2026
• Neutral Sentiment: Wells Fargo’s public research/analyst activity (initiating/adjusting coverage on other companies, raising some targets) keeps the bank visible to institutional flows but is indirect to WFC’s near-term earnings. Goldman and Wells Fargo say buy tech stocks
• Negative Sentiment: JPMorgan cut its price target on WFC from $99.50 to $91 and moved to Neutral, trimming near-term upside expectations and potentially pressuring sentiment. JPMorgan lowers WFC price target
• Negative Sentiment: Pre-earnings models from Yahoo/Zacks suggest Wells Fargo may lack the mix to deliver a clear earnings beat next week, which could limit immediate upside on the report. Wells Fargo (WFC) Earnings Expected to Grow
• Negative Sentiment: Elevated market trading volumes and a “freak out” indicator tied to Middle East tensions increase volatility and could amplify downside moves in bank stocks during risk-off episodes. ‘Freak out’ indicator soars

Insider Activity

In other news, EVP Bridget E. Engle sold 30,000 shares of the stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $87.10, for a total transaction of $2,613,000.00. Following the transaction, the executive vice president directly owned 83,478 shares in the company, valued at approximately $7,270,933.80. This represents a 26.44% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Kleber Santos sold 25,000 shares of the stock in a transaction dated 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 transaction, the executive vice president owned 79,876 shares in the company, valued at $7,006,722.72. This trade represents a 23.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 115,000 shares of company stock worth $10,050,000. 0.08% of the stock is currently owned by insiders.

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.