Wells Fargo & Company $WFC Shares Purchased by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd boosted its position in shares of Wells Fargo & Company (NYSE:WFC) by 114.0% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 29,630 shares of the financial services provider’s stock after acquiring an additional 15,784 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Wells Fargo & Company were worth $2,484,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. 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 increased its holdings in Wells Fargo & Company by 54.9% in the second quarter. Massachusetts Financial Services Co. MA now owns 16,635,681 shares of the financial services provider’s stock valued at $1,332,851,000 after buying an additional 5,894,747 shares in the last quarter. Amundi raised its position in shares of Wells Fargo & Company by 18.2% in the second quarter. Amundi now owns 14,155,753 shares of the financial services provider’s stock worth $1,165,868,000 after acquiring an additional 2,180,693 shares during the period. Laurel Wealth Advisors LLC boosted its stake in shares of Wells Fargo & Company by 8,010.7% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,973,730 shares of the financial services provider’s stock worth $158,135,000 after acquiring an additional 1,949,395 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its stake in shares of Wells Fargo & Company by 939.6% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,920,799 shares of the financial services provider’s stock worth $153,894,000 after acquiring an additional 1,736,036 shares in the last quarter. Institutional investors and hedge funds own 75.90% of the company’s stock.

Wells Fargo & Company Trading Up 0.1%

Shares of NYSE:WFC traded up $0.11 during midday trading on Wednesday, reaching $88.82. The company’s stock had a trading volume of 766,841 shares, compared to its average volume of 16,321,558. Wells Fargo & Company has a 1 year low of $58.42 and a 1 year high of $97.76. The business has a 50 day moving average price of $90.52 and a 200 day moving average price of $85.10. The company has a quick ratio of 0.84, a current ratio of 0.90 and a debt-to-equity ratio of 1.05. The firm has a market cap of $278.81 billion, a price-to-earnings ratio of 14.17, a price-to-earnings-growth ratio of 0.96 and a beta of 1.09.

Wells Fargo & Company (NYSE:WFC) last released its quarterly earnings results on Wednesday, January 14th. The financial services provider reported $1.76 earnings per share for the quarter, topping 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 $11.97 billion during the quarter, compared to analysts’ expectations of $21.63 billion. During the same quarter in the prior year, the business earned $1.43 EPS. Wells Fargo & Company’s quarterly revenue was up 4.5% compared to the same quarter last year. Research analysts forecast that Wells Fargo & Company will post 5.89 EPS for the current year.

Wells Fargo & Company Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, March 1st. Investors of record on Friday, February 6th will be issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Friday, February 6th. Wells Fargo & Company’s dividend payout ratio is 28.71%.

Key Headlines Impacting Wells Fargo & Company

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

• Positive Sentiment: Board approved a $0.45 quarterly common dividend (annualized yield ~2.0%), payable March 1 to holders of record Feb. 6 — supports income investors and signals confidence in capital. Wells Fargo Announces Common Stock Dividend
• Positive Sentiment: Wells Fargo hired former AWS exec Faraz Shafiq as Head of AI Products & Solutions (effective Feb. 9), accelerating the bank’s AI product roadmap and execution — a strategic move investors favor for revenue/efficiency upside. Wells Fargo Hires AWS Exec for AI Push
• Positive Sentiment: Wells Fargo joined a corporate consortium (EMBERPOINT) with Lockheed Martin, PG&E and Salesforce to back AI/tech for wildfire prevention — enhances ESG profile and showcases tech partnerships that can lead to new services or client relationships. EMBERPOINT Launch
• Positive Sentiment: Short interest declined ~12.3% in January to ~33.66M shares (short interest ratio ~2.0 days), reducing one bearish pressure on the stock and removing some downside risk from forced covering dynamics.
• Neutral Sentiment: Coverage notes: analysts remain “moderately optimistic” per a roundup; some firms maintain Hold/Equal Weight ratings and modest price-target tweaks — mixed analyst tone can limit large moves. Are Analysts Predicting WFC Will Climb or Sink?
• Neutral Sentiment: Market/industry context: broader bank investments in AI and Wells Fargo’s published research/actions (comments on other coverage and sector themes) make tech adoption a multi-firm trend that benefits WFC but isn’t unique. How Banks Use AI
• Negative Sentiment: Recent fundamentals remain mixed: Q4 EPS beat but total revenue missed consensus, and some analysts trimmed price targets or maintained Holds — this keeps upside capped unless revenue growth reaccelerates.

Wall Street Analyst Weigh In

Several research firms recently issued reports on WFC. Barclays lifted their price objective on Wells Fargo & Company from $94.00 to $113.00 and gave the stock an “overweight” rating in a report on Monday, January 5th. HSBC reissued a “hold” rating and set a $74.00 target price on shares of Wells Fargo & Company in a research note on Wednesday, January 7th. Freedom Capital lowered Wells Fargo & Company from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 15th. Keefe, Bruyette & Woods increased their price objective on Wells Fargo & Company from $92.00 to $101.00 and gave the company a “market perform” rating in a research note on Wednesday, December 17th. Finally, Wall Street Zen raised shares of Wells Fargo & Company from a “sell” rating to a “hold” rating in a research report on Saturday, October 4th. Thirteen research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $94.87.

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.