ABN Amro Investment Solutions trimmed its position in Wells Fargo & Company (NYSE:WFC – Free Report) by 14.5% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 189,170 shares of the financial services provider’s stock after selling 32,108 shares during the period. ABN Amro Investment Solutions’ holdings in Wells Fargo & Company were worth $15,060,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Godfrey Financial Associates Inc. acquired a new position in Wells Fargo & Company during the fourth quarter worth about $25,000. Miller Capital Partners Inc. bought a new position in shares of Wells Fargo & Company during the 4th quarter valued at about $25,000. Navalign LLC acquired a new position in shares of Wells Fargo & Company in the 4th quarter worth approximately $26,000. Joseph Group Capital Management acquired a new position in shares of Wells Fargo & Company in the 4th quarter worth approximately $28,000. Finally, Core Wealth Advisors LLC bought a new stake in shares of Wells Fargo & Company in the 4th quarter worth approximately $29,000. 75.90% of the stock is owned by institutional investors.
More Wells Fargo & Company News
Here are the key news stories impacting Wells Fargo & Company this week:
- Positive Sentiment: Wells Fargo announced plans to raise its dividend by 11% to $0.50 per share after the Federal Reserve’s stress test showed its capital levels remained comfortably above regulatory requirements, a sign of financial strength and room for more capital returns. This High-Yield Bank Stock Just Raised Its Dividend by 11%
- Positive Sentiment: Its latest earnings call highlighted a 25% jump in EPS, with revenue growth and efficiency gains improving across multiple business lines, suggesting the bank’s turnaround is gaining traction. Wells Fargo (WFC) Q2 2026 Earnings Call Transcript
- Positive Sentiment: Commentary from Jim Cramer and broader sector-rotation views favor banks over volatile tech stocks, which can draw investor money toward Wells Fargo and other financial names. Jim Cramer Says Stop Betting on Volatile Tech Stocks and Buy These “Boring” Sectors Instead
- Positive Sentiment: Reports that banks are turning treasury and payments platforms into growth engines point to stronger fee-based revenue opportunities for Wells Fargo beyond traditional lending. Banks Turn Treasury Platforms Into Growth Engines
- Neutral Sentiment: Capital One’s strong results and improving consumer credit trends add to the positive tone for banks overall, but do not directly change Wells Fargo’s outlook. Capital One Earnings Offer Positive Signs on Consumer Health
- Negative Sentiment: Some analyst commentary after Wells Fargo’s earnings included a price target cut, which could temper enthusiasm even as the stock remains supported by improving fundamentals. Jim Cramer Explains Why Wells Fargo Stock “Was a Steal” Despite a Price Target Cut
Wells Fargo & Company Stock Up 1.5%
Wells Fargo & Company Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Friday, May 8th were given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Friday, May 8th. Wells Fargo & Company’s dividend payout ratio is 26.16%.
Wall Street Analysts Forecast Growth
Several analysts recently commented on WFC shares. Wall Street Zen raised shares of Wells Fargo & Company from a “sell” rating to a “hold” rating in a research note on Sunday, June 14th. Robert W. Baird increased their price objective on Wells Fargo & Company from $85.00 to $92.00 and gave the company a “neutral” rating in a research report on Wednesday, July 15th. Keefe, Bruyette & Woods reduced their price objective on Wells Fargo & Company from $98.00 to $94.00 and set a “market perform” rating for the company in a research note on Wednesday, July 15th. Phillip Securities raised Wells Fargo & Company from a “moderate buy” rating to a “strong-buy” rating in a research report on Thursday, May 7th. Finally, Truist Financial upped their target price on Wells Fargo & Company from $90.00 to $94.00 and gave the company a “buy” rating in a report on Friday, June 26th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $98.50.
View Our Latest Stock Analysis on Wells Fargo & Company
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.
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