Forum Financial Management LP Increases Stock Holdings in Wells Fargo & Company $WFC

Forum Financial Management LP increased its position in shares of Wells Fargo & Company (NYSE:WFC) by 10.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 59,484 shares of the financial services provider’s stock after acquiring an additional 5,598 shares during the period. Forum Financial Management LP’s holdings in Wells Fargo & Company were worth $4,986,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the company. Hilton Capital Management LLC bought a new stake in shares of Wells Fargo & Company during the 2nd quarter worth $3,656,000. Three Bridge Wealth Advisors LLC purchased a new stake in Wells Fargo & Company during the second quarter valued at about $364,000. Board of the Pension Protection Fund bought a new stake in Wells Fargo & Company during the second quarter worth about $40,000. Canoe Financial LP lifted its stake in Wells Fargo & Company by 21.7% during the second quarter. Canoe Financial LP now owns 3,394,260 shares of the financial services provider’s stock worth $271,948,000 after purchasing an additional 604,930 shares during the last quarter. Finally, Synergy Asset Management LLC purchased a new position in shares of Wells Fargo & Company in the 3rd quarter worth about $10,729,000. Institutional investors own 75.90% of the company’s stock.

Wells Fargo & Company News Roundup

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

• Positive Sentiment: Zacks and other previews expect rising NII and solid loan demand for Q4, supporting the view that Wells Fargo could beat estimates again — a catalyst for upside if confirmed when results arrive. Should You Buy, Hold or Sell Wells Fargo Stock Ahead of Q4 Earnings?
• Positive Sentiment: Zacks and other analysts highlight WFC’s strong earnings-surprise history and expect the bank to have the earnings mix that supports another beat — positive for near-term sentiment. Will Wells Fargo (WFC) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: TD Cowen published a bullish forecast calling for strong price appreciation, which may attract momentum buyers and support the rally. TD Cowen Forecasts Strong Price Appreciation for WFC
• Positive Sentiment: Seeking Alpha’s preview argues WFC’s rerating is largely complete and that execution and fee-based revenue strength support a higher valuation target — a constructive medium-term thesis. Wells Fargo Preview Q4 2025
• Neutral Sentiment: Zacks published a detailed piece on Wall Street projections for WFC’s Q4 metrics (NII, loans, fees and credit metrics) — useful for traders sizing expectations but not an immediate price driver by itself. Insights Into Wells Fargo Q4
• Neutral Sentiment: Wells Fargo research published sector notes (on Walmart and Nucor) and added Merck to a tactical list — signals that WFC’s research desk is active but these items are indirect to WFC equity moves. Wells Fargo Sees Opportunity at Walmart
• Neutral Sentiment: Wells Fargo economists flagged a likely rebound in December CPI after a shutdown-distorted November — a macro note that could influence rate expectations and bank NII, but its net effect is ambiguous. December CPI rebound expected
• Negative Sentiment: Robert W. Baird reiterated an Underperform/low-rating for WFC and related coverage noted downgrades; bearish notes can pressure the stock by discouraging institutional buyers. Baird Reiterates Underperform
• Negative Sentiment: Baird R W cut WFC to “Strong Sell” in a separate note, creating a counterweight to bullish expectations and increasing near-term volatility. WFC Cut to Strong Sell at Baird R W
• Negative Sentiment: Some previews warn of lower non-interest income and potential asset-quality pressure that could blunt upside even if NII rises — a key risk for the upcoming report. Should You Buy, Hold or Sell WFC Ahead of Q4?

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Weiss Ratings upgraded Wells Fargo & Company from a “hold (c)” rating to a “buy (b)” rating in a research report on Wednesday, October 8th. Bank of America lifted their price target on shares of Wells Fargo & Company from $92.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday, October 15th. HSBC reaffirmed a “hold” rating and issued a $74.00 price objective on shares of Wells Fargo & Company in a research note on Wednesday. Evercore ISI reiterated an “outperform” rating and issued a $110.00 target price on shares of Wells Fargo & Company in a research report on Tuesday. Finally, Cfra Research upgraded shares of Wells Fargo & Company to a “moderate buy” rating in a research report on Wednesday, October 15th. Twelve investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $93.91.

Wells Fargo & Company Stock Up 0.4%

Shares of Wells Fargo & Company stock opened at $95.94 on Friday. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.84 and a current ratio of 0.84. Wells Fargo & Company has a 52-week low of $58.42 and a 52-week high of $97.76. The company’s 50 day moving average price is $89.74 and its 200-day moving average price is $84.45. The stock has a market capitalization of $301.17 billion, a price-to-earnings ratio of 15.78, a P/E/G ratio of 0.88 and a beta of 1.09.

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

Wells Fargo & Company Announces Dividend

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