Annis Gardner Whiting Capital Advisors LLC Has $2.38 Million Position in Wells Fargo & Company $WFC

Annis Gardner Whiting Capital Advisors LLC grew its holdings in Wells Fargo & Company (NYSE:WFC) by 101.7% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 28,337 shares of the financial services provider’s stock after buying an additional 14,285 shares during the quarter. Annis Gardner Whiting Capital Advisors LLC’s holdings in Wells Fargo & Company were worth $2,375,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. TD Waterhouse Canada Inc. increased its stake in Wells Fargo & Company by 6.8% in the third quarter. TD Waterhouse Canada Inc. now owns 118,683 shares of the financial services provider’s stock valued at $9,608,000 after acquiring an additional 7,505 shares during the period. Field & Main Bank boosted its holdings in Wells Fargo & Company by 6.9% during the third quarter. Field & Main Bank now owns 8,820 shares of the financial services provider’s stock valued at $739,000 after purchasing an additional 570 shares in the last quarter. AustralianSuper Pty Ltd grew its stake in shares of Wells Fargo & Company by 56.0% in the 3rd quarter. AustralianSuper Pty Ltd now owns 611,707 shares of the financial services provider’s stock valued at $51,273,000 after purchasing an additional 219,596 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Wells Fargo & Company by 11.5% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 447,398 shares of the financial services provider’s stock valued at $37,501,000 after purchasing an additional 46,257 shares during the period. Finally, Ballentine Partners LLC raised its holdings in shares of Wells Fargo & Company by 2.0% in the 3rd quarter. Ballentine Partners LLC now owns 43,723 shares of the financial services provider’s stock worth $3,665,000 after buying an additional 878 shares in the last quarter. 75.90% of the stock is owned by institutional investors.

Trending Headlines about Wells Fargo & Company

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

• Positive Sentiment: Board approved a quarterly common-stock dividend of $0.45 per share, payable March 1 to holders of record Feb. 6 — a clear cash-return signal for income investors. Wells Fargo Announces Common Stock Dividend
• Positive Sentiment: Short interest fell ~12.3% in January to ~33.7M shares (≈1.1% of float; 2.0 days to cover), lowering short-driven downside risk and potentially removing a seller cohort. Source: market data
• Positive Sentiment: Wells Fargo hired an Amazon Web Services executive, Faraz Shafiq, to lead AI efforts — a strategic hire that may improve productivity, risk modeling and client-facing tech over time. Wells Fargo hires Amazon Web Services exec Faraz Shafiq for AI push
• Positive Sentiment: Industry trend: coverage notes that major banks (including Wells Fargo) are investing heavily in generative AI — a structural tailwind that could boost efficiency and margins over time. From JPMorgan to Wells Fargo, here’s how the biggest banks on Wall Street are using AI
• Neutral Sentiment: Analyst sentiment is mixed-to-moderately optimistic: coverage roundup shows analysts broadly neutral-to-positive on WFC, citing slower recent performance but steady fundamentals and reasonable valuation. This keeps upside possible but not unanimous. Are Wall Street Analysts Predicting Wells Fargo Stock Will Climb or Sink?
• Neutral Sentiment: Wells Fargo research activity (e.g., updating revenue forecasts for other companies such as Alnylam) signals an active equity research desk but has limited direct impact on WFC’s own fundamentals. Wells Fargo Raises Alnylam (ALNY) Revenue Estimates for Amvuttra Despite Projected Margin Compression
• Negative Sentiment: Talent loss — BMO Capital Markets hired Wells Fargo’s Malik as operating chief, reflecting some executive turnover and potential loss of institutional knowledge. That kind of departure can concern investors about bench strength and continuity. BMO Capital Markets hires Wells Fargo’s Malik as operating chief

Analyst Ratings Changes

A number of analysts have weighed in on WFC shares. Morgan Stanley upped their price target on Wells Fargo & Company from $95.00 to $97.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 15th. Barclays boosted their target price on shares of Wells Fargo & Company from $94.00 to $113.00 and gave the company an “overweight” rating in a research note on Monday, January 5th. Evercore ISI dropped their target price on shares of Wells Fargo & Company from $110.00 to $105.00 and set an “outperform” rating for the company in a research report on Thursday, January 15th. Bank of America lifted their price target on shares of Wells Fargo & Company from $92.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, October 15th. Finally, TD Cowen decreased their price objective on shares of 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. Thirteen investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $94.87.

Wells Fargo & Company Trading Down 0.6%

Shares of NYSE WFC opened at $88.16 on Thursday. Wells Fargo & Company has a 1-year low of $58.42 and a 1-year high of $97.76. The company has a 50-day moving average of $90.60 and a two-hundred day moving average of $85.12. The company has a market cap of $276.74 billion, a PE ratio of 14.06, a P/E/G ratio of 0.97 and a beta of 1.09. 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 (NYSE:WFC) last released its quarterly earnings results on Wednesday, January 14th. The financial services provider reported $1.76 EPS for the quarter, beating the consensus estimate of $1.66 by $0.10. Wells Fargo & Company had a net margin of 17.27% and a return on equity of 12.90%. The business had revenue of $11.97 billion for the quarter, compared to analysts’ expectations of $21.63 billion. During the same period in the prior year, the firm earned $1.43 earnings per share. Wells Fargo & Company’s revenue was up 4.5% compared to the same quarter last year. As a group, equities analysts expect that Wells Fargo & Company will post 5.89 earnings per share for the current fiscal year.

Wells Fargo & Company Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Sunday, March 1st. Stockholders of record on Friday, February 6th will be paid a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend is Friday, February 6th. Wells Fargo & Company’s dividend payout ratio (DPR) is 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.