Nordea Investment Management AB Purchases 407,592 Shares of Wells Fargo & Company $WFC

Nordea Investment Management AB increased its position in shares of Wells Fargo & Company (NYSE:WFC) by 7.0% in the third quarter, Holdings Channel.com reports. The institutional investor owned 6,190,687 shares of the financial services provider’s stock after buying an additional 407,592 shares during the period. Nordea Investment Management AB’s holdings in Wells Fargo & Company were worth $514,632,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Allen Capital Group LLC boosted its position in Wells Fargo & Company by 3.9% during the third quarter. Allen Capital Group LLC now owns 8,346 shares of the financial services provider’s stock valued at $700,000 after acquiring an additional 317 shares during the last quarter. S Bank Fund Management Ltd raised its position in shares of Wells Fargo & Company by 26.6% in the 3rd quarter. S Bank Fund Management Ltd now owns 141,847 shares of the financial services provider’s stock worth $11,890,000 after acquiring an additional 29,846 shares in the last quarter. New Republic Capital LLC raised its position in shares of Wells Fargo & Company by 12.5% in the 3rd quarter. New Republic Capital LLC now owns 6,689 shares of the financial services provider’s stock worth $561,000 after acquiring an additional 744 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. lifted its stake in shares of Wells Fargo & Company by 2.3% in the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 107,062 shares of the financial services provider’s stock valued at $8,974,000 after purchasing an additional 2,357 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. boosted its position in shares of Wells Fargo & Company by 2.2% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 7,673,807 shares of the financial services provider’s stock valued at $643,219,000 after purchasing an additional 165,240 shares in the last quarter. Institutional investors and hedge funds own 75.90% of the company’s stock.

Key Wells Fargo & Company News

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

• Positive Sentiment: Bank group momentum and loan-growth tailwinds could support WFC fundamentals as earnings season begins; investors have been rotating into regional and large-bank names on improving loan trends and a permissive regulatory backdrop. Can Bank Stocks Sustain Recent Momentum?
• Positive Sentiment: Major outlets note U.S. banks enter earnings season on firmer footing after a strong 2025, which could buoy investor expectations for WFC’s upcoming quarter. Banks Enter Earnings Season on Firmer Footing, Though Risks Linger
• Positive Sentiment: Several Wall Street forecasters have refreshed their WFC expectations ahead of Q4 results, indicating active analyst attention that can amplify moves on the print (upgrades/raise targets would be supportive). Top Wall Street Forecasters Revamp Wells Fargo Expectations Ahead Of Q4 Earnings
• Neutral Sentiment: WFC will report Q4 results before markets open Jan. 14; that scheduled catalyst is increasing short-term volatility as investors balance guidance vs. consensus estimates. Top Wall Street Forecasters Revamp Wells Fargo Expectations Ahead Of Q4 Earnings (earnings date)
• Neutral Sentiment: Media reports say Wells Fargo has begun accumulating bitcoin; the move signals possible new asset exposure but creates uncertainty around balance-sheet strategy and regulatory oversight. Binance Founder CZ Encourages Crypto Holders While Wells Fargo Buys Bitcoin
• Neutral Sentiment: Wells Fargo’s internal research activity (model/assumption updates and new coverage) is ongoing but is largely peripheral to WFC’s own earnings — these items are unlikely to move the stock materially by themselves. Wells Fargo Updates 2026 Assumptions, Lowers General Mills (GIS) Price Target
• Negative Sentiment: Policy risk: banks pushed back after President Trump proposed a 10% cap on credit-card interest rates — industry groups warn the cap could restrict credit availability and compress net interest margins, a clear downside for card-reliant revenue lines at WFC. Banks warn consumers will be hurt by Trump’s 10% cap on credit card interest rates

Wall Street Analyst Weigh In

WFC has been the topic of several recent analyst reports. TD Cowen boosted their price target on Wells Fargo & Company from $93.00 to $102.00 and gave the company a “hold” rating in a research note on Wednesday, January 7th. Morgan Stanley boosted their target price on shares of 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. Cfra Research upgraded shares of Wells Fargo & Company to a “moderate buy” rating in a report on Wednesday, October 15th. Dbs Bank raised shares of Wells Fargo & Company to a “moderate buy” rating in a research note on Tuesday, October 21st. Finally, Wolfe Research reissued an “outperform” rating and set a $109.00 price objective on shares of Wells Fargo & Company in a research report on Wednesday, January 7th. Twelve investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $93.91.

Wells Fargo & Company Stock Performance

Shares of WFC stock opened at $95.00 on Tuesday. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 1.07. The firm has a fifty day simple moving average of $89.89 and a two-hundred day simple moving average of $84.59. Wells Fargo & Company has a 12 month low of $58.42 and a 12 month high of $97.76. The firm has a market capitalization of $298.20 billion, a PE ratio of 15.62, a price-to-earnings-growth ratio of 0.88 and a beta of 1.09.

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

Wells Fargo & Company Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Shareholders 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 yield of 1.9%. The ex-dividend date of this dividend was Friday, November 7th. Wells Fargo & Company’s 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.