Intact Investment Management Inc. Has $4.64 Million Position in Wells Fargo & Company $WFC

Intact Investment Management Inc. cut its holdings in Wells Fargo & Company (NYSE:WFC) by 42.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 55,300 shares of the financial services provider’s stock after selling 40,400 shares during the period. Intact Investment Management Inc.’s holdings in Wells Fargo & Company were worth $4,635,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the business. Hidden Cove Wealth Management LLC lifted its holdings in shares of Wells Fargo & Company by 2.0% during the third quarter. Hidden Cove Wealth Management LLC now owns 5,948 shares of the financial services provider’s stock worth $499,000 after buying an additional 119 shares during the last quarter. Zullo Investment Group Inc. increased its position in Wells Fargo & Company by 2.0% during the third quarter. Zullo Investment Group Inc. now owns 6,340 shares of the financial services provider’s stock worth $532,000 after acquiring an additional 122 shares during the period. Embree Financial Group raised its stake in Wells Fargo & Company by 3.9% during the 3rd quarter. Embree Financial Group now owns 3,330 shares of the financial services provider’s stock valued at $279,000 after purchasing an additional 126 shares during the last quarter. Trust Co. of Vermont raised its stake in Wells Fargo & Company by 1.1% during the 3rd quarter. Trust Co. of Vermont now owns 12,098 shares of the financial services provider’s stock valued at $1,014,000 after purchasing an additional 126 shares during the last quarter. Finally, Traphagen Investment Advisors LLC boosted its holdings in Wells Fargo & Company by 2.0% in the 3rd quarter. Traphagen Investment Advisors LLC now owns 6,346 shares of the financial services provider’s stock valued at $532,000 after purchasing an additional 127 shares during the period. Institutional investors and hedge funds own 75.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on WFC shares. Morgan Stanley boosted their price objective on shares of Wells Fargo & Company from $95.00 to $97.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 15th. Wall Street Zen raised Wells Fargo & Company from a “sell” rating to a “hold” rating in a report on Saturday, October 4th. Dbs Bank upgraded Wells Fargo & Company to a “moderate buy” rating in a research report on Tuesday, October 21st. Freedom Capital cut Wells Fargo & Company from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 15th. Finally, CICC Research began coverage on Wells Fargo & Company in a research note on Wednesday, January 14th. They issued a “market perform” rating and a $96.00 target price for the company. Thirteen equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $94.87.

Wells Fargo & Company Price Performance

Shares of Wells Fargo & Company stock opened at $88.07 on Tuesday. The stock has a market capitalization of $276.46 billion, a price-to-earnings ratio of 14.05, a P/E/G ratio of 0.95 and a beta of 1.09. The firm’s 50-day moving average price is $90.42 and its two-hundred day moving average price is $85.06. The company has a current ratio of 0.90, a quick ratio of 0.84 and a debt-to-equity ratio of 1.05. Wells Fargo & Company has a 1-year low of $58.42 and a 1-year high of $97.76.

Wells Fargo & Company (NYSE:WFC) last posted its earnings results on Wednesday, January 14th. The financial services provider reported $1.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.66 by $0.10. The company had revenue of $11.97 billion during the quarter, compared to analysts’ expectations 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 quarterly revenue was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.43 earnings per share. On average, equities analysts predict that Wells Fargo & Company will post 5.89 earnings per share for the current fiscal year.

More Wells Fargo & Company News

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

• Positive Sentiment: Wells Fargo joined Lockheed Martin, PG&E and Salesforce to launch EMBERPOINT, an AI‑driven wildfire prevention, detection and response venture — a strategic, ESG‑relevant partnership that showcases the bank’s AI investment and could boost reputation and corporate client opportunities. Lockheed Martin, PG&E Corporation, Salesforce and Wells Fargo Launch EMBERPOINT™ to Transform America’s Wildfire Prevention, Detection and Response
• Positive Sentiment: Wells Fargo named former AWS executive Faraz Shafiq as Head of AI Products and Solutions (effective Feb. 9), reinforcing execution capability for bank‑wide AI initiatives that management is pitching as a growth and efficiency lever. Wells Fargo Appoints AWS Exec Faraz Shafiq as Head of AI Products and Solutions
• Neutral Sentiment: Wells Fargo’s research team has been active — recent notes include an upgrade of Broadcom and a maintained Overweight on Meta — which speaks to the bank’s visible analyst franchise but doesn’t directly change WFC’s own fundamentals. These research actions are informational rather than company catalysts. Wells Fargo Upgrades Broadcom (AVGO), Bernstein Keeps Outperform Rating
• Negative Sentiment: Analysts remain closely watching WFC after Q4 results: the bank reported an EPS beat but missed the top line, and TD Cowen trimmed its price target slightly — signals that while earnings power is intact, revenue growth and loan trends are being scrutinized. That keeps some downside risk on sentiment until clearer revenue momentum appears. Why Analysts Are Closely Watching Wells Fargo & Company (WFC)

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.