Twin Capital Management Inc. Lowers Position in Wells Fargo & Company $WFC

Twin Capital Management Inc. trimmed its position in shares of Wells Fargo & Company (NYSE:WFC) by 12.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 49,837 shares of the financial services provider’s stock after selling 6,785 shares during the quarter. Twin Capital Management Inc.’s holdings in Wells Fargo & Company were worth $3,968,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Godfrey Financial Associates Inc. purchased a new stake in Wells Fargo & Company in the 4th quarter valued at approximately $25,000. Miller Capital Partners Inc. purchased a new position in shares of Wells Fargo & Company during the 4th quarter worth approximately $25,000. Navalign LLC purchased a new position in shares of Wells Fargo & Company during the 4th quarter worth approximately $26,000. Joseph Group Capital Management acquired a new stake in shares of Wells Fargo & Company in the 4th quarter valued at approximately $28,000. Finally, Core Wealth Advisors LLC acquired a new stake in shares of Wells Fargo & Company in the 4th quarter valued at approximately $29,000. 75.90% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts recently weighed in on WFC shares. Raymond James Financial reaffirmed a “market perform” rating on shares of Wells Fargo & Company in a report on Tuesday. KGI Securities downgraded Wells Fargo & Company to a “hold” rating in a report on Thursday, April 16th. Morgan Stanley boosted their target price on shares of Wells Fargo & Company from $97.00 to $102.00 and gave the stock an “equal weight” rating in a research report on Monday, June 29th. Barclays cut their price target on shares of Wells Fargo & Company from $113.00 to $108.00 and set an “overweight” rating for the company in a report on Wednesday, April 15th. Finally, Bank of America raised their price objective on shares of Wells Fargo & Company from $95.00 to $102.00 and gave the company a “buy” rating in a research note on Tuesday, July 7th. Two analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $98.50.

Wells Fargo & Company News Summary

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

• Positive Sentiment: Wells Fargo posted Q2 EPS of about $2.00, topping estimates, while revenue of $22.62 billion also beat forecasts, reinforcing the earnings momentum. Wells Fargo & Co (WFC) Q2 2026 Earnings Call Highlights: Strong Earnings and Revenue Growth …
• Positive Sentiment: Results were helped by rising interest income, loan growth, fee income, and stronger performance in investment banking and wealth management, all of which support a better earnings outlook. Wells Fargo Profit Beats Estimates on Wealth, Investment Banking
• Positive Sentiment: The company plans to raise its third-quarter common dividend by 11% to $0.50 and continue buybacks, signaling confidence in capital strength and shareholder returns. Wells Fargo intends to hike Q3 common stock dividend by 11% to $0.50
• Positive Sentiment: Analysts turned more constructive, with at least one firm reiterating a Buy rating and another upgrade citing NII growth, loan growth, and buybacks as reasons for re-rating potential. Wells Fargo: Buy Rating Reiterated as Analyst Sees Re-Rating Potential and Keeps $102 Price Target Unchanged
• Neutral Sentiment: Wells Fargo is expanding its Chicago presence with more branches, a long-term growth move that may help deposits and customer acquisition but is unlikely to move the stock immediately. Wells Fargo & Co. strengthening foothold in Chicago with more branches
• Neutral Sentiment: Keefe, Bruyette & Woods trimmed its price target to $94 from $98 while keeping a Market Perform rating, which tempers some of the post-earnings enthusiasm. Benzinga report on Wells Fargo price target cut
• Negative Sentiment: Management acknowledged pressure on net interest margin, indicating that earnings growth may not be linear even with strong loan and fee trends. WFC Q2 Earnings Call Highlights Growth Push Amid NIM Pressure

Wells Fargo & Company Trading Up 2.5%

Shares of Wells Fargo & Company stock opened at $87.42 on Thursday. Wells Fargo & Company has a 1 year low of $72.78 and a 1 year high of $97.76. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.90 and a quick ratio of 0.90. The business has a 50 day moving average price of $81.03 and a 200 day moving average price of $83.79. The company has a market capitalization of $267.52 billion, a P/E ratio of 12.71, a P/E/G ratio of 0.98 and a beta of 0.92.

Wells Fargo & Company (NYSE:WFC) last announced its earnings results on Tuesday, April 14th. The financial services provider reported $1.60 EPS for the quarter, beating analysts’ consensus estimates of $1.58 by $0.02. The firm had revenue of $11.62 billion for the quarter, compared to analysts’ expectations of $21.85 billion. Wells Fargo & Company had a return on equity of 13.85% and a net margin of 17.55%.Wells Fargo & Company’s quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.39 EPS. Sell-side analysts anticipate that Wells Fargo & Company will post 6.98 EPS for the current fiscal year.

Wells Fargo & Company Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Friday, May 8th were given a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 2.1%. The ex-dividend date was Friday, May 8th. Wells Fargo & Company’s dividend payout ratio is currently 26.16%.

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.