Wells Fargo & Company $WFC Shares Sold by CI Investments Inc.

Posted by Latisha Jones on Mar 4th, 2026

CI Investments Inc. trimmed its stake in shares of Wells Fargo & Company (NYSE:WFC) by 84.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 122,888 shares of the financial services provider’s stock after selling 650,676 shares during the quarter. CI Investments Inc.’s holdings in Wells Fargo & Company were worth $10,300,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the stock. Blueprint Investment Partners LLC acquired a new stake in Wells Fargo & Company in the 3rd quarter valued at about $854,000. Focus Partners Advisor Solutions LLC increased its stake in shares of Wells Fargo & Company by 26.8% during the third quarter. Focus Partners Advisor Solutions LLC now owns 58,996 shares of the financial services provider’s stock worth $5,051,000 after buying an additional 12,479 shares during the period. Becker Capital Management Inc. raised its holdings in Wells Fargo & Company by 0.9% in the third quarter. Becker Capital Management Inc. now owns 14,570 shares of the financial services provider’s stock valued at $1,221,000 after acquiring an additional 123 shares in the last quarter. Kingsview Wealth Management LLC lifted its stake in Wells Fargo & Company by 17.2% in the third quarter. Kingsview Wealth Management LLC now owns 92,750 shares of the financial services provider’s stock worth $7,774,000 after acquiring an additional 13,626 shares during the last quarter. Finally, Elo Mutual Pension Insurance Co grew its holdings in Wells Fargo & Company by 11.0% during the 3rd quarter. Elo Mutual Pension Insurance Co now owns 145,755 shares of the financial services provider’s stock worth $12,217,000 after acquiring an additional 14,469 shares in the last quarter. Hedge funds and other institutional investors own 75.90% of the company’s stock.

Wells Fargo & Company Stock Down 0.1%

WFC stock opened at $82.50 on Wednesday. The stock has a market capitalization of $254.57 billion, a PE ratio of 13.16, a price-to-earnings-growth ratio of 0.90 and a beta of 1.08. The company has a fifty day moving average of $90.25 and a 200-day moving average of $86.56. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.90 and a current ratio of 0.90. Wells Fargo & Company has a one year low of $58.42 and a one year high of $97.76.

Wells Fargo & Company (NYSE:WFC – Get Free Report) last posted its quarterly earnings results on Wednesday, January 14th. The financial services provider reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.66 by $0.10. The firm had revenue of $21.29 billion during the quarter, compared to analysts’ expectations of $21.63 billion. Wells Fargo & Company had a net margin of 17.27% and a return on equity of 12.90%. The firm’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same period in the prior year, the company posted $1.43 earnings per share. As a group, analysts expect that Wells Fargo & Company will post 5.89 EPS for the current year.

Wells Fargo & Company Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Sunday, March 1st. Stockholders of record on Friday, February 6th were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend was Friday, February 6th. Wells Fargo & Company’s dividend payout ratio (DPR) is currently 28.71%.

Trending Headlines about Wells Fargo & Company

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

Positive Sentiment: Baird raised WFC to Neutral (Feb. 13) with an $85 price target, saying the recent slump has made valuation more realistic and reduced near-term downside risk — a constructive analyst reset that can stabilize the stock. Baird Sees Reduced Downside Risk for Wells Fargo & Company (WFC), Rating Raised to Neutral
Positive Sentiment: Wells Fargo strategist Ohsung Kwon recommended “buy the dip” during the global selloff commentary, signaling the bank’s trading desk views current weakness as a buying opportunity — supports short-term demand. Stocks plunge in global selloff but some on Wall Street are looking for assets that respond well to war
Neutral Sentiment: A Zacks piece reviews Wells Fargo as a potential high-growth dividend stock, which may attract income-oriented investors but does not alter fundamentals immediately. Are You Looking for a High-Growth Dividend Stock?
Neutral Sentiment: Wells Fargo made a $200,000 grant to the Idaho FFA Foundation — a small but positive PR item that’s unlikely to move the stock materially. Idaho FFA Foundation Receives $200,000 From Wells Fargo Supporting Grants for Idaho FFA Members
Neutral Sentiment: Wells Fargo’s research desk remains active (eg. calling Zscaler a buy, adjusting targets on financials), which shows revenue-generating analyst activity but is peripheral to WFC’s bank fundamentals. Wells Fargo Calls Zscaler (ZS) Stock a Buy Near 52-Week Lows
Negative Sentiment: Credit-risk scrutiny has resurfaced after a UK mortgage lender collapse; investors are re-checking Wells Fargo’s exposure and underwriting controls — a headline risk that can pressure bank stocks on fear of contagion. Wells Fargo Credit Risk Questioned After UK Mortgage Lender Collapse
Negative Sentiment: A Seeking Alpha piece argues that macro risks leave WFC with limited appeal for long-term investors, highlighting concerns about rates, loan growth and economic headwinds that could weigh on multiples. Wells Fargo: Not Much Appeal For Long-Term Investors Due To Macro Concerns

Insider Activity

In related news, EVP Ellen R. Patterson sold 60,000 shares of Wells Fargo & Company stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $87.40, for a total value of $5,244,000.00. Following the sale, the executive vice president directly owned 169,496 shares in the company, valued at $14,813,950.40. The trade was a 26.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Kleber Santos sold 25,000 shares of the stock in a transaction on 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 transaction, the executive vice president owned 79,876 shares of the company’s stock, valued at $7,006,722.72. The trade was a 23.84% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 115,000 shares of company stock valued at $10,050,000 in the last three months. 0.08% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Robert W. Baird raised shares of Wells Fargo & Company from an “underperform” rating to a “neutral” rating and set a $85.00 price objective for the company in a research report on Friday, February 13th. Evercore cut their price target on Wells Fargo & Company from $110.00 to $105.00 and set an “outperform” rating on the stock in a research note on Thursday, January 15th. JPMorgan Chase & Co. upped their price objective on Wells Fargo & Company from $99.00 to $99.50 and gave the stock a “neutral” rating in a research report on Monday, February 9th. Barclays raised their target price on Wells Fargo & Company from $94.00 to $113.00 and gave the stock an “overweight” rating in a research report on Monday, January 5th. Finally, Argus boosted their price objective on shares of 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 and ten have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $97.03.

Read Our Latest Stock Analysis on WFC

Wells Fargo & Company Company Profile

(Free Report)

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.