Jupiter Asset Management Ltd. Purchases 45,638 Shares of Wells Fargo & Company $WFC

Jupiter Asset Management Ltd. boosted its holdings in shares of Wells Fargo & Company (NYSE:WFC) by 16.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 322,787 shares of the financial services provider’s stock after buying an additional 45,638 shares during the period. Jupiter Asset Management Ltd.’s holdings in Wells Fargo & Company were worth $27,056,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in WFC. Norges Bank bought a new position in Wells Fargo & Company during the second quarter worth about $3,990,551,000. Massachusetts Financial Services Co. MA grew its position 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 acquiring an additional 5,894,747 shares during the period. M&G PLC raised its stake in Wells Fargo & Company by 320.3% during the third quarter. M&G PLC now owns 2,946,277 shares of the financial services provider’s stock worth $247,487,000 after acquiring an additional 2,245,307 shares in the last quarter. Amundi lifted its holdings in shares of Wells Fargo & Company by 18.2% during the second quarter. Amundi now owns 14,155,753 shares of the financial services provider’s stock valued at $1,165,868,000 after acquiring an additional 2,180,693 shares during the period. Finally, Laurel Wealth Advisors LLC boosted its stake in shares of Wells Fargo & Company by 8,010.7% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,973,730 shares of the financial services provider’s stock valued at $158,135,000 after purchasing an additional 1,949,395 shares in the last quarter. 75.90% of the stock is owned by institutional investors.

More Wells Fargo & Company News

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

• Positive Sentiment: Analysts at Zacks highlighted that banks including Wells Fargo could regain mortgage market share if the Fed eases capital rules, which would support loan growth and margins for WFC. The Zacks Analyst Blog Rocket, PennyMac , Wells Fargo , Bank of America and JPMorgan
• Positive Sentiment: Coverage noting that Wells Fargo has outpaced broader market gains recently reinforces momentum/relative strength narratives for investors looking for banking exposure. Wells Fargo (WFC) outpaces stock market gains: What you should know
• Positive Sentiment: Wells Fargo research citing stronger user spending trends at Snowflake (SNOW) demonstrates the firm’s influence in equity research and can be a modest positive for perception of WFC’s research franchise. Snowflake Stock (SNOW) Rises after Wells Fargo Says Users Expect to Up Spending
• Neutral Sentiment: Wells Fargo updated its 2026 earnings release dates and conference call schedule — helpful operational detail for investors monitoring upcoming catalysts but not a fundamental change. Wells Fargo Updates 2026 Earnings Release Date Information
• Neutral Sentiment: Wells Fargo analysts trimmed their price target on Genius Sports (GENI), citing uncertainty around GENI’s Legend acquisition — this is research-driven and speaks to WFC’s analyst activity rather than WFC’s financials. Wells Fargo Cites Legend Acquisition Uncertainty as Potential Headwind for Genius Sports (GENI) Valuation
• Neutral Sentiment: Wells Fargo analysts maintained coverage/ratings on other consumer names (e.g., Wingstop), underscoring the firm’s active equity research but with limited direct impact on WFC stock. Wingstop Nears Growth Inflection on Improving Operations, Strategic Initiatives, and 2026 Expansion Outlook
• Negative Sentiment: EVP Kleber Santos sold 25,000 WFC shares (~$2.19M at ~$87.72), reducing his stake by ~24% — insider selling can raise short-term caution among investors even if not unusual. Insider Form 4 – Kleber Santos
• Negative Sentiment: Coverage comparing Wells Fargo and peers highlights investor worries about pressure on net interest income in a higher-for-longer rate environment — a key risk that can cap upside and explains recent underperformance vs. peers. Citigroup vs Wells Fargo: Which Wins on Dividends, Buybacks, Interest Rate Exposure?

Insider Activity at Wells Fargo & Company

In related news, EVP Kleber Santos sold 25,000 shares of the company’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $87.72, for a total value of $2,193,000.00. Following the completion of the sale, the executive vice president owned 79,876 shares in the company, valued at approximately $7,006,722.72. This represents a 23.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 0.08% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

WFC has been the topic of a number of recent analyst reports. Robert W. Baird upgraded shares of Wells Fargo & Company from an “underperform” rating to a “neutral” rating and set a $85.00 price target on the stock in a research report on Friday, February 13th. TD Cowen cut their target price on shares of Wells Fargo & Company from $102.00 to $100.00 and set a “hold” rating for the company in a research note on Thursday, January 15th. Truist Financial decreased their price target on Wells Fargo & Company from $104.00 to $100.00 and set a “buy” rating on the stock in a research report on Thursday, January 15th. Weiss Ratings reissued a “buy (b)” rating on shares of Wells Fargo & Company in a research note on Wednesday, January 21st. Finally, Barclays increased their target price on Wells Fargo & Company from $94.00 to $113.00 and gave the stock an “overweight” rating in a report on Monday, January 5th. Thirteen analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat, Wells Fargo & Company currently has an average rating of “Moderate Buy” and an average target price of $97.03.

Wells Fargo & Company Trading Up 1.2%

Shares of WFC opened at $88.61 on Friday. The stock’s fifty day simple moving average is $91.49 and its 200-day simple moving average is $86.15. The firm has a market capitalization of $278.17 billion, a PE ratio of 14.13, a price-to-earnings-growth ratio of 0.95 and a beta of 1.09. Wells Fargo & Company has a 12-month low of $58.42 and a 12-month high of $97.76. The company has a quick ratio of 0.84, a current ratio of 0.90 and a debt-to-equity ratio of 1.05.

Wells Fargo & Company (NYSE:WFC) last issued its quarterly earnings results on Wednesday, January 14th. The financial services provider reported $1.76 EPS for the quarter, topping the consensus estimate of $1.66 by $0.10. Wells Fargo & Company had a net margin of 17.27% and a return on equity of 12.90%. The company had revenue of $11.97 billion during the quarter, compared to analysts’ expectations of $21.63 billion. During the same quarter in the previous year, the company earned $1.43 EPS. Wells Fargo & Company’s revenue was up 4.5% on a year-over-year basis. As a group, research analysts predict that Wells Fargo & Company will post 5.89 earnings per share for the current year.

Wells Fargo & Company Announces Dividend

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

About Wells Fargo & Company

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.