BTC Capital Management Inc. Sells 144,859 Shares of Wells Fargo & Company $WFC

BTC Capital Management Inc. decreased its position in shares of Wells Fargo & Company (NYSE:WFC) by 49.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 146,048 shares of the financial services provider’s stock after selling 144,859 shares during the period. Wells Fargo & Company makes up approximately 1.0% of BTC Capital Management Inc.’s holdings, making the stock its 28th largest holding. BTC Capital Management Inc.’s holdings in Wells Fargo & Company were worth $13,631,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of WFC. Brighton Jones LLC raised its holdings 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 valued at $4,652,000 after buying an additional 25,436 shares in the last quarter. VestGen Advisors LLC lifted its position in Wells Fargo & Company by 9.7% in the 2nd quarter. VestGen Advisors LLC now owns 19,617 shares of the financial services provider’s stock worth $1,562,000 after buying an additional 1,737 shares during the last quarter. River Road Asset Management LLC purchased a new stake in Wells Fargo & Company in the second quarter worth approximately $7,752,000. Edgestream Partners L.P. purchased a new stake in Wells Fargo & Company in the second quarter worth approximately $7,130,000. Finally, M&T Bank Corp grew its position in Wells Fargo & Company by 2.6% during the second quarter. M&T Bank Corp now owns 363,611 shares of the financial services provider’s stock valued at $29,133,000 after acquiring an additional 9,265 shares during the last quarter. 75.90% of the stock is currently owned by hedge funds and other institutional investors.

Wells Fargo & Company Stock Up 3.5%

Shares of NYSE:WFC opened at $79.52 on Wednesday. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.90 and a quick ratio of 0.90. The company has a market cap of $245.38 billion, a PE ratio of 12.68, a P/E/G ratio of 0.82 and a beta of 1.08. The stock’s 50-day moving average is $84.20 and its 200 day moving average is $86.25. 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 announced its quarterly earnings results on Wednesday, January 14th. The financial services provider reported $1.76 EPS for the quarter, topping analysts’ consensus estimates of $1.66 by $0.10. The company had revenue of $21.29 billion during 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 firm’s revenue was up 4.5% on a year-over-year basis. During the same quarter last year, the firm posted $1.43 earnings per share. Sell-side analysts anticipate that Wells Fargo & Company will post 5.89 EPS for the current year.

Wells Fargo & Company Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Sunday, March 1st. Investors 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 2.3%. Wells Fargo & Company’s payout ratio is currently 28.71%.

Key Stories Impacting Wells Fargo & Company

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

• Positive Sentiment: Broker consensus remains supportive: several broker notes still rate WFC as a buy / moderate-buy, which helps underpin demand for the shares. Wells Fargo & Company (NYSE:WFC) Receives Average Rating of “Moderate Buy” from Brokerages
• Positive Sentiment: Investor income angle: analysis highlighting ~5% capital appreciation potential from WFC.PR.L preferred shares provides an alternate, yield-focused investment route tied to the Wells Fargo franchise. Wells Fargo: 5% Capital Appreciation Potential From WFC.PR.L Preferred Shares
• Positive Sentiment: CEO commentary: Charlie Scharf pushed back on market pessimism, arguing Main Street data remain resilient — messaging that can calm investor fears about credit and consumer fragility. Markets are nervous, but Main Street isn’t: Wells Fargo CEO flags economic disconnect
• Positive Sentiment: Customer engagement research: Wells Fargo’s 2026 Money Study (wide press coverage) highlights consumer behavior and engagement that can support fee businesses and cross‑sell opportunities over time. Wells Fargo 2026 Money Study Reveals Americans Redefining the American Dream; Gen Z leaning on Parents for Financial Support
• Neutral Sentiment: Wells Fargo’s analyst shop remains active: its notes (e.g., raising GE Vernova) show the bank continues to influence sector flows, but these calls are indirect for WFC equity performance. GE Vernova Stock Jumps After Wells Fargo Boosts Price Target
• Neutral Sentiment: Analyst activity elsewhere: Wells Fargo research trimming targets on other companies (Wingstop/Uber) underscores sector-by-sector repositioning but is not a direct signal on WFC fundamentals. Wingstop Stock Near 52-Week Low as Wells Fargo Trims Target to $225
• Neutral Sentiment: Near-term rate/inflation headwinds: commentary and analyst notes (Zacks) remind investors steady Fed rates keep pressure on net interest income growth in the short run. How to Approach Wells Fargo Stock Now as the Fed Keeps Rates Steady?
• Negative Sentiment: Morgan Stanley trimmed its WFC price target (from $108 to $100) and set an equal‑weight rating — a valuation downgrade that can cool near‑term enthusiasm despite the target still implying upside. Morgan Stanley lowers WFC price target to $100 (Benzinga)
• Negative Sentiment: Wells Fargo’s research cut the S&P 500 2026 target to 7,300 citing geopolitical and growth risks — a sign the bank sees elevated macro downside that could pressure trading, markets revenue and overall sentiment. S&P 500 Price Target Slashed to 7,300 by Wells Fargo on ‘Emerging Risk’

Analyst Ratings Changes

Several research firms have commented on WFC. The Goldman Sachs Group decreased their price target on shares of Wells Fargo & Company from $109.00 to $93.00 and set a “buy” rating on the stock in a research note on Monday, March 23rd. Truist Financial cut their price objective on shares of Wells Fargo & Company from $98.00 to $94.00 and set a “buy” rating for the company in a research note on Tuesday, March 17th. Argus increased their target price on shares of Wells Fargo & Company from $94.00 to $101.00 and gave the company a “buy” rating in a report on Thursday, January 15th. Weiss Ratings reiterated a “buy (b)” rating on shares of Wells Fargo & Company in a research report on Wednesday, January 21st. Finally, UBS Group reissued a “buy” rating and issued a $113.00 price target on shares of Wells Fargo & Company in a research note on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $97.13.

Insider Buying and Selling at Wells Fargo & Company

In other Wells Fargo & Company news, EVP Kleber Santos sold 25,000 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $87.72, for a total transaction of $2,193,000.00. Following the transaction, the executive vice president owned 79,876 shares in the company, valued at approximately $7,006,722.72. This represents a 23.84% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Ellen R. Patterson sold 60,000 shares of the company’s stock in a transaction on 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 completion of the sale, the executive vice president directly owned 169,496 shares in the company, valued at approximately $14,813,950.40. The trade was a 26.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 115,000 shares of company stock valued at $10,050,000. 0.14% of the stock is currently owned by corporate 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.