Czech National Bank boosted its stake in Wells Fargo & Company (NYSE:WFC) by 1.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 827,730 shares of the financial services provider’s stock after purchasing an additional 14,123 shares during the quarter. Czech National Bank’s holdings in Wells Fargo & Company were worth $77,144,000 as of its most recent SEC filing.
Several other hedge funds have also recently added to or reduced their stakes in the stock. Brighton Jones LLC grew its position in shares of Wells Fargo & Company by 62.3% during the 4th quarter. Brighton Jones LLC now owns 66,233 shares of the financial services provider’s stock worth $4,652,000 after buying an additional 25,436 shares during the period. CreativeOne Wealth LLC raised its position in shares of Wells Fargo & Company by 5.2% in the 2nd quarter. CreativeOne Wealth LLC now owns 15,733 shares of the financial services provider’s stock valued at $1,260,000 after acquiring an additional 782 shares during the period. FourThought Financial Partners LLC raised its position in shares of Wells Fargo & Company by 43.9% in the 2nd quarter. FourThought Financial Partners LLC now owns 7,302 shares of the financial services provider’s stock valued at $585,000 after acquiring an additional 2,228 shares during the period. North Star Asset Management Inc. boosted its stake in Wells Fargo & Company by 14.8% during the 2nd quarter. North Star Asset Management Inc. now owns 14,307 shares of the financial services provider’s stock worth $1,146,000 after acquiring an additional 1,841 shares during the last quarter. Finally, J.W. Cole Advisors Inc. boosted its stake in Wells Fargo & Company by 22.8% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 102,378 shares of the financial services provider’s stock worth $8,203,000 after acquiring an additional 18,995 shares during the last quarter. Institutional investors and hedge funds own 75.90% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities research analysts have commented on WFC shares. JPMorgan Chase & Co. upped their target price on shares of Wells Fargo & Company from $99.00 to $99.50 and gave the company a “neutral” rating in a research note on Monday, February 9th. CICC Research assumed coverage on shares of Wells Fargo & Company in a research report on Wednesday, January 14th. They set a “market perform” rating and a $96.00 price target on the stock. Robert W. Baird raised shares of Wells Fargo & Company from an “underperform” rating to a “neutral” rating and set a $85.00 price target for the company in a report on Friday, February 13th. HSBC restated a “hold” rating and issued a $74.00 price objective on shares of Wells Fargo & Company in a research report on Wednesday, January 7th. Finally, Wolfe Research reaffirmed an “outperform” rating and set a $109.00 price objective on shares of Wells Fargo & Company in a research note on Wednesday, January 7th. Thirteen investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $96.82.
Key Wells Fargo & Company News
Here are the key news stories impacting Wells Fargo & Company this week:
- Positive Sentiment: Analysts expect solid Q1 results and double‑digit profit growth heading into earnings season, supporting confidence that Wells Fargo can sustain earnings momentum. Wells Fargo’s Q1 2026 Earnings: What to Expect
- Positive Sentiment: Active options/trading ideas tied to WFC (example: a covered‑put/put‑selling trade pitched by analysts) signal investor income strategies and can mechanically support the share price by encouraging buy/hold positions. Wells Fargo Trade Idea
- Positive Sentiment: Wells Fargo’s $2.25M grant to the ICA Fund under its Open for Business Growth initiative is a modest positive for reputation and community lending visibility, which can help local deposit/growth narratives. ICA Fund Announces $2.25 Million in New Funding
- Neutral Sentiment: Wells Fargo research activity remains high (example: a raised price target on Cheniere Energy) — shows the firm’s capital‑markets/research presence but has limited direct impact on WFC’s fundamentals. Wells Fargo Research on Cheniere Energy
- Neutral Sentiment: Broader market/commentary from Wells Fargo economists (e.g., commentary on weak 2‑year auctions and “bunker mentality”) influences rate expectations and bank net interest margin outlooks but is not an immediate WFC‑specific catalyst. Wells Fargo Economist on Two‑Year Note Auction
- Negative Sentiment: CEO Charlie Scharf warned of potential credit losses as private‑credit strains (withdrawal restrictions) create spillover risk — a direct investor concern because higher credit losses would pressure provisions and profitability. CEO Warns of Credit Losses
- Negative Sentiment: Analyst sentiment has softened in places: selective price‑target trims and lowered expectations from firms such as Truist and reports noting reduced Street expectations introduce downside risk to near‑term sentiment. Analyst Revisions and Investor Guidance Goldman Lowers Expectations
- Negative Sentiment: Industry reporting on banks’ exposure to private‑credit stress highlights structural risk that could lead to higher provisions or slower fee growth if the private‑credit dislocation deepens. WSJ: Private Credit Meltdown
Wells Fargo & Company Price Performance
NYSE WFC opened at $80.24 on Thursday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.90 and a current ratio of 0.90. The stock has a market cap of $247.58 billion, a price-to-earnings ratio of 12.80, a PEG ratio of 0.87 and a beta of 1.08. The business has a 50 day simple moving average of $84.99 and a 200 day simple moving average of $86.28. Wells Fargo & Company has a 52-week low of $58.42 and a 52-week high of $97.76.
Wells Fargo & Company (NYSE:WFC – Get Free Report) last announced its quarterly earnings results on Wednesday, January 14th. The financial services provider reported $1.76 earnings per share for the quarter, beating analysts’ consensus estimates of $1.66 by $0.10. The firm had revenue of $21.29 billion for the quarter, compared to analyst estimates of $21.63 billion. Wells Fargo & Company had a net margin of 17.27% and a return on equity of 12.90%. The business’s revenue was up 4.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.43 earnings per share. Analysts anticipate that Wells Fargo & Company will post 5.89 earnings per share for the current fiscal year.
Wells Fargo & Company Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Sunday, March 1st. Investors of record on Friday, February 6th were given a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Friday, February 6th. Wells Fargo & Company’s payout ratio is currently 28.71%.
Insider Buying and Selling
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 stock was 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 $14,813,950.40. This trade represents a 26.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 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 value of $2,613,000.00. Following the completion of the sale, the executive vice president owned 83,478 shares in the company, valued at approximately $7,270,933.80. This trade represents a 26.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 115,000 shares of company stock valued at $10,050,000. Company insiders own 0.08% of the company’s stock.
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.
Recommended Stories
Want to see what other hedge funds are holding WFC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Wells Fargo & Company (NYSE:WFC – Free Report).
Receive News & Ratings for Wells Fargo & Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wells Fargo & Company and related companies with MarketBeat.com's FREE daily email newsletter.
