Keybank National Association OH Acquires 41,799 Shares of Wells Fargo & Company $WFC

Keybank National Association OH lifted its stake in shares of Wells Fargo & Company (NYSE:WFC) by 2.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,920,748 shares of the financial services provider’s stock after buying an additional 41,799 shares during the quarter. Keybank National Association OH’s holdings in Wells Fargo & Company were worth $179,014,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of WFC. Private Wealth Group LLC boosted its stake in Wells Fargo & Company by 2.5% during the fourth quarter. Private Wealth Group LLC now owns 4,514 shares of the financial services provider’s stock worth $421,000 after acquiring an additional 108 shares in the last quarter. Moss Adams Wealth Advisors LLC increased its stake in Wells Fargo & Company by 1.0% in the fourth quarter. Moss Adams Wealth Advisors LLC now owns 12,048 shares of the financial services provider’s stock valued at $1,123,000 after purchasing an additional 117 shares in the last quarter. Main Street Group LTD raised its holdings in shares of Wells Fargo & Company by 36.9% during the third quarter. Main Street Group LTD now owns 438 shares of the financial services provider’s stock valued at $37,000 after purchasing an additional 118 shares during the period. D Orazio & Associates Inc. raised its holdings in shares of Wells Fargo & Company by 3.6% during the third quarter. D Orazio & Associates Inc. now owns 3,436 shares of the financial services provider’s stock valued at $288,000 after purchasing an additional 118 shares during the period. Finally, Stonebrook Private Inc. boosted its position in shares of Wells Fargo & Company by 2.7% during the 3rd quarter. Stonebrook Private Inc. now owns 4,511 shares of the financial services provider’s stock worth $378,000 after purchasing an additional 118 shares in the last quarter. Institutional investors and hedge funds own 75.90% of the company’s stock.

Wells Fargo & Company Trading Up 1.1%

Shares of Wells Fargo & Company stock opened at $81.43 on Wednesday. Wells Fargo & Company has a 1 year low of $68.95 and a 1 year high of $97.76. The firm has a market cap of $251.27 billion, a PE ratio of 12.57, a P/E/G ratio of 0.95 and a beta of 1.06. The stock has a fifty day moving average price of $81.09 and a 200-day moving average price of $86.20. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.90 and a quick ratio of 0.90.

Wells Fargo & Company (NYSE:WFC) last issued its quarterly earnings results on Tuesday, April 14th. The financial services provider reported $1.60 earnings per share for the quarter, topping analysts’ consensus estimates of $1.58 by $0.02. The company had revenue of $21.45 billion for the quarter, compared to the consensus estimate of $21.85 billion. Wells Fargo & Company had a net margin of 17.26% and a return on equity of 13.27%. The firm’s quarterly revenue was up 6.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.39 EPS. Equities research analysts anticipate that Wells Fargo & Company will post 6.82 EPS for the current year.

Wells Fargo & Company Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Friday, May 8th will be given a $0.45 dividend. The ex-dividend date of this dividend is Friday, May 8th. This represents a $1.80 annualized dividend and a yield of 2.2%. Wells Fargo & Company’s payout ratio is currently 27.78%.

Key Headlines Impacting Wells Fargo & Company

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

• Positive Sentiment: Federal cap removed; bank is expanding trading/Wall Street operations — management is investing in trading now that the Fed’s asset cap is lifted, which could boost fee and trading revenue and support a re-rating over time. Wells Fargo’s Long-Anticipated Wall Street Expansion Is Here
• Positive Sentiment: Board approved a $0.45 quarterly dividend (record May 8; payable June 1), implying a ~2.2% yield — supports income investors and signals confidence in capital levels. Wells Fargo & Company Announces Common Stock Dividend
• Positive Sentiment: Street analysts see material upside — average price targets (~$96.65) imply roughly 15–20% upside from current levels, providing a potential catalyst if sentiment or results improve. Wall Street Sees Big Upside for Wells Fargo—Jim Cramer Saw It at $33
• Positive Sentiment: Removal of the Fed’s $1.95T asset cap highlighted in coverage as a key growth driver — allows balance-sheet and loan growth that had been restricted. ‘Spending Fatigue’ Appears in Debit, Credit Card Data
• Neutral Sentiment: Wells added Cathay Pacific as a rewards points transfer partner — incremental product improvement for credit-card customers, but limited direct earnings impact. Wells Fargo Adds Cathay Pacific as New Rewards Points Transfer Partner
• Neutral Sentiment: Coverage noting a strong trading day / short-term outperformance — market momentum item that could support sentiment but is volatile. Wells Fargo & Co. stock outperforms competitors on strong trading day
• Neutral Sentiment: Comparisons with peers (Citigroup) and listicles placing WFC among attractive bank picks — useful context but not an immediate catalyst. Citigroup vs. Wells Fargo: Which Bank Stock Is a Smarter Buy Now?
• Negative Sentiment: “3 Reasons to Avoid WFC” piece highlights six‑month underperformance and softer quarterly details — negative narratives like this can pressure sentiment and selling by momentum traders. 3 Reasons to Avoid WFC and 1 Stock to Buy Instead
• Negative Sentiment: Wells Fargo’s own card‑spending data shows recent ‘spending fatigue’ — weaker consumer card activity could translate into lower fee income and slower loan growth. ‘Spending Fatigue’ Appears in Debit, Credit Card Data
• Negative Sentiment: Analyst price-target cut (Keefe Bruyette lowered target citing softer net interest income) signals potential earnings pressure and could cap near-term upside until NII stabilizes. Is Wells Fargo & Company (WFC) one of Goldman Sachs Top Bank Stocks Despite Price Target Cut?

Insider Buying and Selling at Wells Fargo & Company

In other Wells Fargo & Company news, EVP Bridget E. Engle sold 30,000 shares of the business’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $87.10, for a total value of $2,613,000.00. Following the transaction, the executive vice president directly owned 83,478 shares in the company, valued at $7,270,933.80. The trade was a 26.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Ellen R. Patterson sold 60,000 shares of the stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $87.40, for a total transaction of $5,244,000.00. Following the transaction, the executive vice president directly owned 169,496 shares of the company’s stock, valued at $14,813,950.40. This represents a 26.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 115,000 shares of company stock worth $10,050,000 over the last three months. 0.14% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several analysts have recently commented on WFC shares. Argus raised their target price on Wells Fargo & Company from $94.00 to $101.00 and gave the company a “buy” rating in a research note on Thursday, January 15th. Wolfe Research reaffirmed an “outperform” rating and set a $109.00 price target on shares of Wells Fargo & Company in a research note on Wednesday, January 7th. Piper Sandler reiterated an “overweight” rating and issued a $94.00 price target (down from $100.00) on shares of Wells Fargo & Company in a report on Wednesday, April 15th. Evercore reissued an “outperform” rating on shares of Wells Fargo & Company in a research note on Friday, March 6th. Finally, Wall Street Zen downgraded Wells Fargo & Company from a “hold” rating to a “sell” rating in a report on Saturday. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $97.75.

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.