Wells Fargo & Company $WFC Shares Purchased by Migdal Insurance & Financial Holdings Ltd.

Migdal Insurance & Financial Holdings Ltd. boosted its position in shares of Wells Fargo & Company (NYSE:WFC) by 1,618.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,362 shares of the financial services provider’s stock after purchasing an additional 9,759 shares during the period. Migdal Insurance & Financial Holdings Ltd.’s holdings in Wells Fargo & Company were worth $872,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in WFC. Vanguard Group Inc. grew its position in Wells Fargo & Company by 0.4% in the second quarter. Vanguard Group Inc. now owns 302,092,955 shares of the financial services provider’s stock worth $24,203,688,000 after acquiring an additional 1,341,222 shares during the period. Norges Bank acquired a new position in shares of Wells Fargo & Company in the 2nd quarter valued at $3,990,551,000. Massachusetts Financial Services Co. MA grew its holdings in shares of Wells Fargo & Company by 7.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 17,859,680 shares of the financial services provider’s stock worth $1,496,998,000 after purchasing an additional 1,223,999 shares during the period. Amundi grew its holdings in shares of Wells Fargo & Company by 18.2% during the 2nd quarter. Amundi now owns 14,155,753 shares of the financial services provider’s stock worth $1,165,868,000 after purchasing an additional 2,180,693 shares during the period. Finally, Pzena Investment Management LLC increased its position in shares of Wells Fargo & Company by 5.5% during the 2nd quarter. Pzena Investment Management LLC now owns 10,371,812 shares of the financial services provider’s stock worth $830,990,000 after purchasing an additional 542,493 shares during the last quarter. 75.90% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

WFC has been the topic of a number of recent analyst reports. CICC Research assumed coverage on shares of Wells Fargo & Company in a research report on Wednesday, January 14th. They issued a “market perform” rating and a $96.00 target price on the stock. Morgan Stanley boosted their price target on shares of Wells Fargo & Company from $95.00 to $97.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 15th. Bank of America increased their price objective on shares of Wells Fargo & Company from $92.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, October 15th. HSBC reissued a “hold” rating and issued a $74.00 target price on shares of Wells Fargo & Company in a research report on Wednesday, January 7th. Finally, Argus raised their price target on Wells Fargo & Company from $94.00 to $101.00 and gave the stock a “buy” rating in a research report on Thursday, January 15th. Thirteen equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $94.87.

Wells Fargo & Company News Roundup

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

• Positive Sentiment: Wells Fargo is relocating its wealth-management headquarters to West Palm Beach and signing a major local office lease, signaling a strategic push into a fast‑growing high‑net‑worth market. The move can support long‑term fee income growth and recruiting for private wealth teams. Wells Fargo to Move Wealth Headquarters to West Palm Beach Related Ross Lands Wells Fargo HQ At West Palm Beach Office Tower
• Positive Sentiment: WFC added 12 advisers, a concrete sign of AUM/fee‑income expansion in wealth — a higher‑margin business that management has prioritized. This supports the bank’s medium‑term revenue diversification thesis. Wells Fargo & Co. Adds 12 Advisers
• Positive Sentiment: Retail/media attention remains constructive: commentators like Jim Cramer have highlighted WFC’s strong performance, which can help retail sentiment and short‑term flows. Wells Fargo (WFC) “Came in Way Too Hot,” Says Jim Cramer
• Neutral Sentiment: Wells Fargo’s research desk is active with sector calls (e.g., warning of memory‑chip shortages for automakers and upgrades on names like Broadcom), which reinforces WFC’s institutional franchise but does not directly move WFC shares. TSLA, BYD Face Memory Chip Shortage in 2026, Wells Fargo Warns Broadcom (AVGO) Stock: Why This Analyst Says Buy the Dip
• Neutral Sentiment: Wells Fargo’s analysts raised and adjusted targets on other companies (e.g., Stanley Black & Decker), reflecting active research but limited direct impact on WFC’s fundamentals. Wells Fargo Raises Stanley Black & Decker (SWK) Target but Warns Investors Not to Chase
• Negative Sentiment: Analysts note Bank of America’s 2026 outlook looks stronger than Wells Fargo’s, which can pressure relative valuations and investor preference within the bank group; that comparative narrative likely weighs on WFC in the near term. Why Bank of America’s (BAC) 2026 Outlook is Rosier Than Wells Fargo’s (WFC)

Wells Fargo & Company Stock Down 0.6%

Wells Fargo & Company stock opened at $86.14 on Thursday. Wells Fargo & Company has a twelve month low of $58.42 and a twelve month high of $97.76. The stock’s fifty day simple moving average is $90.22 and its 200-day simple moving average is $84.92. The company has a current ratio of 0.90, a quick ratio of 0.84 and a debt-to-equity ratio of 1.05. The firm has a market capitalization of $270.38 billion, a P/E ratio of 13.74, a P/E/G ratio of 0.80 and a beta of 1.09.

Wells Fargo & Company (NYSE:WFC) last released its earnings results on Wednesday, January 14th. The financial services provider reported $1.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.66 by $0.10. Wells Fargo & Company had a return on equity of 12.90% and a net margin of 17.27%.The firm had revenue of $21.29 billion during the quarter, compared to analyst estimates of $21.63 billion. During the same period last year, the business posted $1.43 earnings per share. Wells Fargo & Company’s revenue was up 4.5% compared to the same quarter last year. As a group, equities analysts expect that Wells Fargo & Company will post 5.89 earnings per share for the current fiscal year.

Wells Fargo & Company Dividend Announcement

The company also recently declared 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 annualized dividend and a yield of 2.1%. The ex-dividend date was Friday, November 7th. Wells Fargo & Company’s payout ratio is 28.71%.

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.