Securian Asset Management Inc. Cuts Stake in Wells Fargo & Company $WFC

Securian Asset Management Inc. cut its holdings in shares of Wells Fargo & Company (NYSE:WFC) by 9.1% during the 3rd quarter, HoldingsChannel reports. The fund owned 154,707 shares of the financial services provider’s stock after selling 15,431 shares during the quarter. Securian Asset Management Inc.’s holdings in Wells Fargo & Company were worth $12,968,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Access Investment Management LLC purchased a new stake in Wells Fargo & Company in the second quarter worth $25,000. McElhenny Sheffield Capital Management LLC purchased a new position in shares of Wells Fargo & Company during the second quarter valued at approximately $27,000. CBIZ Investment Advisory Services LLC raised its stake in Wells Fargo & Company by 585.5% during the first quarter. CBIZ Investment Advisory Services LLC now owns 377 shares of the financial services provider’s stock valued at $27,000 after buying an additional 322 shares during the last quarter. Kilter Group LLC bought a new position in Wells Fargo & Company in the 2nd quarter worth about $31,000. Finally, Nova Wealth Management Inc. raised its holdings in Wells Fargo & Company by 112.9% in the 2nd quarter. Nova Wealth Management Inc. now owns 428 shares of the financial services provider’s stock worth $34,000 after acquiring an additional 227 shares during the last quarter. Institutional investors own 75.90% of the company’s stock.

Wall Street Analyst Weigh In

WFC has been the subject of a number of research analyst reports. Truist Financial lifted their target price on shares of Wells Fargo & Company from $100.00 to $104.00 and gave the stock a “buy” rating in a research report on Tuesday. UBS Group lowered their target price on shares of Wells Fargo & Company from $95.00 to $93.00 and set a “buy” rating on the stock in a research note on Tuesday, October 7th. Weiss Ratings upgraded Wells Fargo & Company from a “hold (c)” rating to a “buy (b)” rating in a research report on Wednesday, October 8th. Dbs Bank raised shares of Wells Fargo & Company to a “moderate buy” rating in a research note on Tuesday, October 21st. Finally, Cfra Research upgraded shares of Wells Fargo & Company to a “moderate buy” rating in a research report on Wednesday, October 15th. Eleven equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Wells Fargo & Company currently has a consensus rating of “Hold” and an average price target of $93.63.

Wells Fargo & Company News Summary

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

• Positive Sentiment: Wells Fargo hired credit‑trading veteran McCarthy to run a key revenue unit, a move that could boost trading income and margin if the hire strengthens origination and risk‑taking capabilities in fixed income. Wells Fargo Hires Credit‑Trading Veteran McCarthy for Key Unit
• Positive Sentiment: Analyst writeups highlight WFC among “old‑economy” names that have rallied, signaling momentum and renewed investor interest as the AI‑led market broadens — this can support multiple expansion and buying interest from momentum funds. Buy 5 High‑Flying Old Economy Stocks of 2025 for Solid Near‑Term Gains
• Positive Sentiment: Commentary arguing WFC’s 19% 3‑month gain and potential catalysts (asset‑cap removal, cost cuts, discounted valuation) has prompted buy‑side interest — supports thesis that upside remains if operational improvements persist. Wells Fargo Stock Jumps Nearly 19% in 3 Months: Right Time to Buy?
• Neutral Sentiment: Wells Fargo’s equity research continues to be active (adding names like Roku and raising/ trimming targets on client stocks), which signals a busy institutional desk but is indirect for WFC’s own fundamentals. ROKU Gains Spotlight as Wells Fargo Adds It to Q1 Tactical Ideas List
• Neutral Sentiment: Wells Fargo analysts are actively re‑rating peers (e.g., BankUnited, Conagra, Casey’s) — shows the firm’s research flows but doesn’t directly change WFC’s capital or earnings profile. Wells Fargo Lifts BankUnited (BKU) Target Ahead of Expected 2026 Earnings Recovery
• Negative Sentiment: Wells Fargo underperformed peers on Monday despite daily gains, highlighting relative weakness that may deter momentum investors and limit near‑term upside until outperformance resumes. Wells Fargo & Co. stock underperforms Monday when compared to competitors despite daily gains
• Negative Sentiment: Robert W. Baird reaffirmed an “Underperform” rating with a $90 price target (~below current levels), which is a bearish anchor that can pressure sentiment and give institutional holders a reason to trim positions. Analyst Reaffirmation / Price Target Note

Wells Fargo & Company Stock Down 0.0%

Wells Fargo & Company stock opened at $96.36 on Wednesday. Wells Fargo & Company has a 1-year low of $58.42 and a 1-year high of $97.76. The stock has a market capitalization of $302.49 billion, a price-to-earnings ratio of 15.85, a PEG ratio of 0.88 and a beta of 1.09. The company has a debt-to-equity ratio of 1.07, a current ratio of 0.84 and a quick ratio of 0.84. The business has a fifty day moving average price of $89.20 and a 200-day moving average price of $84.12.

Wells Fargo & Company (NYSE:WFC) last issued its quarterly earnings results on Tuesday, October 14th. The financial services provider reported $1.73 EPS for the quarter, topping analysts’ consensus estimates of $1.55 by $0.18. Wells Fargo & Company had a return on equity of 12.51% and a net margin of 17.18%.The company had revenue of $21.44 billion during the quarter, compared to analysts’ expectations of $21.11 billion. During the same quarter in the previous year, the firm posted $1.42 EPS. The firm’s revenue was up 5.3% compared to the same quarter last year. Equities research analysts forecast that Wells Fargo & Company will post 5.89 EPS for the current fiscal year.

Wells Fargo & Company Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Friday, November 7th were issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend was Friday, November 7th. Wells Fargo & Company’s dividend payout ratio (DPR) is 29.61%.

Wells Fargo & 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.