Meiji Yasuda Life Insurance Co increased its stake in Wells Fargo & Company (NYSE:WFC) by 24.5% during the third quarter, HoldingsChannel reports. The firm owned 46,369 shares of the financial services provider’s stock after acquiring an additional 9,134 shares during the period. Meiji Yasuda Life Insurance Co’s holdings in Wells Fargo & Company were worth $3,887,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Hilton Capital Management LLC purchased a new stake in shares of Wells Fargo & Company in the second quarter valued at $3,656,000. Mawer Investment Management Ltd. purchased a new position in shares of Wells Fargo & Company during the third quarter valued at $147,165,000. Guerra Advisors Inc grew its holdings in shares of Wells Fargo & Company by 43.2% during the third quarter. Guerra Advisors Inc now owns 38,439 shares of the financial services provider’s stock valued at $3,222,000 after buying an additional 11,594 shares in the last quarter. AlphaQuest LLC raised its position in Wells Fargo & Company by 1,121.0% during the third quarter. AlphaQuest LLC now owns 24,079 shares of the financial services provider’s stock valued at $2,018,000 after buying an additional 22,107 shares during the period. Finally, UMB Bank n.a. raised its position in Wells Fargo & Company by 52.7% during the third quarter. UMB Bank n.a. now owns 138,862 shares of the financial services provider’s stock valued at $11,639,000 after buying an additional 47,946 shares during the period. Institutional investors and hedge funds own 75.90% of the company’s stock.
Wells Fargo & Company Stock Performance
Shares of NYSE WFC opened at $80.44 on Friday. The business’s 50-day moving average price is $89.46 and its two-hundred day moving average price is $86.60. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.90 and a quick ratio of 0.90. Wells Fargo & Company has a one year low of $58.42 and a one year high of $97.76. The company has a market capitalization of $248.21 billion, a P/E ratio of 12.83, a price-to-earnings-growth ratio of 0.88 and a beta of 1.08.
Wells Fargo & Company Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Sunday, March 1st. Investors of record on Friday, February 6th were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Friday, February 6th. Wells Fargo & Company’s dividend payout ratio (DPR) is presently 28.71%.
Wall Street Analysts Forecast Growth
WFC has been the subject of a number of research reports. UBS Group restated a “buy” rating and set a $113.00 price objective on shares of Wells Fargo & Company in a research report on Wednesday, February 4th. JPMorgan Chase & Co. upped their target price on Wells Fargo & Company from $99.00 to $99.50 and gave the company a “neutral” rating in a report on Monday, February 9th. Argus increased their price target 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. Freedom Capital cut shares of Wells Fargo & Company from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 15th. Finally, Wolfe Research reaffirmed an “outperform” rating and set a $109.00 price objective on shares of Wells Fargo & Company in a research report on Wednesday, January 7th. Thirteen research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $97.03.
Get Our Latest Report on Wells Fargo & Company
Insider Activity at Wells Fargo & Company
In other Wells Fargo & Company news, EVP Kleber Santos sold 25,000 shares of Wells Fargo & Company stock in a transaction that occurred on Friday, February 20th. The shares were 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 directly owned 79,876 shares in the company, valued at $7,006,722.72. The trade was a 23.84% 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 Bridget E. Engle sold 30,000 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $87.10, for a total transaction of $2,613,000.00. Following the completion of the sale, the executive vice president directly owned 83,478 shares of the company’s stock, valued at $7,270,933.80. This represents a 26.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 115,000 shares of company stock valued at $10,050,000. 0.08% of the stock is currently owned by corporate insiders.
Wells Fargo & Company News Summary
Here are the key news stories impacting Wells Fargo & Company this week:
- Positive Sentiment: Federal Reserve ends its 2018 enforcement action related to the fake‑accounts scandal, removing a long‑running regulatory overhang that could free Wells Fargo to accelerate capital returns and strategic initiatives. Wells Fargo’s 2018 Enforcement Action Terminated by the Federal Reserve
- Positive Sentiment: Wells Fargo added a $1.7 billion UBS advisor team to its independent wealth channel, boosting AUM and fee revenue growth potential in wealth management. Wells Fargo Recruits $1.7 Billion UBS Financial Advisor Team
- Positive Sentiment: Several outlets highlight Wells Fargo as a steady dividend payer and draw for income investors, which supports a valuation floor amid volatility. Set It and Forget It: The Dividend Stocks Worth Holding for the Rest of Your Life
- Neutral Sentiment: Wells Fargo published its 2027 quarterly earnings release schedule (administrative item); useful for investors tracking upcoming results and guidance windows. Wells Fargo Announces 2027 Earnings Release Date Information
- Neutral Sentiment: Analyst coverage is mixed-to-supportive (average “Moderate Buy”), and WFC has attracted recent investor attention in screeners — signals that the stock remains on institutional radars. Wells Fargo & Company (NYSE:WFC) Receives Average Rating of “Moderate Buy” from Analysts
- Negative Sentiment: Macro and sector pressure: banks were broadly sold after a disappointing U.S. jobs report and oil price volatility tied to the Middle East, weighing on WFC alongside peers. Investors Dump Bank, Brokerage Stocks As Oil Spikes and Jobs Report Disappoints
- Negative Sentiment: Negative headlines and opinion pieces arguing there are reasons to avoid WFC may drive short‑term selling or caution among retail investors despite the regulatory clearance. 3 Reasons to Avoid WFC and 1 Stock to Buy Instead
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.
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