Meritage Portfolio Management Sells 12,520 Shares of Wells Fargo & Company $WFC

Posted by Stacy Sanders on Jan 15th, 2026

Meritage Portfolio Management decreased its position in Wells Fargo & Company (NYSE:WFC) by 9.4% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 120,592 shares of the financial services provider’s stock after selling 12,520 shares during the period. Meritage Portfolio Management’s holdings in Wells Fargo & Company were worth $10,108,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Hidden Cove Wealth Management LLC raised its stake in shares of Wells Fargo & Company by 2.0% in the third quarter. Hidden Cove Wealth Management LLC now owns 5,948 shares of the financial services provider’s stock valued at $499,000 after purchasing an additional 119 shares in the last quarter. Zullo Investment Group Inc. increased its holdings in Wells Fargo & Company by 2.0% in the 3rd quarter. Zullo Investment Group Inc. now owns 6,340 shares of the financial services provider’s stock valued at $532,000 after buying an additional 122 shares during the period. Embree Financial Group increased its holdings in Wells Fargo & Company by 3.9% in the 3rd quarter. Embree Financial Group now owns 3,330 shares of the financial services provider’s stock valued at $279,000 after buying an additional 126 shares during the period. Trust Co. of Vermont raised its stake in shares of Wells Fargo & Company by 1.1% in the 3rd quarter. Trust Co. of Vermont now owns 12,098 shares of the financial services provider’s stock valued at $1,014,000 after buying an additional 126 shares in the last quarter. Finally, Traphagen Investment Advisors LLC lifted its holdings in shares of Wells Fargo & Company by 2.0% during the 3rd quarter. Traphagen Investment Advisors LLC now owns 6,346 shares of the financial services provider’s stock worth $532,000 after acquiring an additional 127 shares during the period. Institutional investors and hedge funds own 75.90% of the company’s stock.

Wells Fargo & Company Price Performance

Shares of WFC stock opened at $89.30 on Thursday. The firm’s 50 day moving average price is $90.07 and its two-hundred day moving average price is $84.72. The stock has a market cap of $280.33 billion, a PE ratio of 14.69, a PEG ratio of 0.86 and a beta of 1.09. 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.

Wells Fargo & Company (NYSE:WFC – Get Free Report) last released its quarterly earnings data on Wednesday, January 14th. The financial services provider reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.66 by $0.10. Wells Fargo & Company had a return on equity of 12.51% and a net margin of 17.18%.The business had revenue of $21.29 billion for the quarter, compared to analysts’ expectations of $21.63 billion. During the same quarter in the previous year, the business posted $1.43 EPS. Wells Fargo & Company’s revenue for the quarter was up 4.5% on a year-over-year basis. As a group, analysts forecast that Wells Fargo & Company will post 5.89 EPS for the current year.

Wells Fargo & Company Dividend Announcement

The company 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 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date was Friday, November 7th. Wells Fargo & Company’s payout ratio is presently 29.61%.

Analyst Ratings Changes

Several brokerages have recently weighed in on WFC. Wall Street Zen upgraded shares of Wells Fargo & Company from a “sell” rating to a “hold” rating in a research report on Saturday, October 4th. Truist Financial lifted their price objective on Wells Fargo & Company from $100.00 to $104.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. Dbs Bank upgraded Wells Fargo & Company to a “moderate buy” rating in a research report on Tuesday, October 21st. Robert W. Baird reaffirmed an “underperform” rating and issued a $90.00 price target on shares of Wells Fargo & Company in a research note on Tuesday, January 6th. Finally, Baird R W cut Wells Fargo & Company from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 6th. Twelve research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $94.03.

Check Out Our Latest Research Report on Wells Fargo & Company

Key Headlines Impacting Wells Fargo & Company

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

Positive Sentiment: Q4 profit and EPS beat — Wells Fargo reported higher net income and beat EPS expectations (reported EPS ~$1.76 vs. street ~$1.66), helped by stronger net interest income. This demonstrates improving earnings power as rates stay elevated. Wells Fargo Reports Fourth Quarter 2025 Financial Results
Positive Sentiment: Post‑asset‑cap growth — Early evidence the bank can scale: Wells Fargo has grown assets ~11% after the Fed lifted its asset cap, supporting the company’s growth thesis if execution continues. Wells Fargo Grew Assets by 11% After Fed Lifted Asset Cap
Neutral Sentiment: Improving core profitability metrics — Management highlighted higher pre‑tax, pre‑provision income (improving core profitability), even as efficiency remains elevated; this signals progress but not yet a clean transition to lower costs. Bank Stocks Get Punished After Earnings—Is Valuation the Real Problem?
Neutral Sentiment: Sector and macro backdrop — Broad weakness in big‑bank stocks and a soft market reaction to other banks’ reports amplified the move in WFC; investors are re‑pricing bank valuations after several mixed quarters. How major US stock indexes fared Wednesday, 1/14/2026
Negative Sentiment: Revenue miss — Total revenue of $21.29B fell short of consensus (~$21.6B), which disappointed investors who had been looking for clear top‑line momentum post‑asset cap. The revenue miss was the primary near‑term catalyst cited for the sell‑off. Wells Fargo Q4 revenue miss sends shares lower
Negative Sentiment: One‑time charges and elevated costs — The quarter included ~$612M in severance/related charges and an efficiency ratio near ~64, undercutting margins and suggesting more work remains on cost takeouts. Wells Fargo (WFC) Stock: Earnings Miss Sends Shares Down After Strong 2025
Negative Sentiment: Regulatory/political overhang — Headlines about a proposed 10% cap on credit‑card APRs increased investor anxiety about future card income, creating an additional industry‑wide headwind for Wells Fargo. Bank Stocks Get Punished After Earnings—Is Valuation the Real Problem?

Wells Fargo & Company Company Profile

(Free Report)

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.