8,140 Shares in Wells Fargo & Company $WFC Purchased by W.G. Shaheen & Associates DBA Whitney & Co

W.G. Shaheen & Associates DBA Whitney & Co bought a new position in Wells Fargo & Company (NYSE:WFC) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 8,140 shares of the financial services provider’s stock, valued at approximately $759,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Redmont Wealth Advisors LLC acquired a new stake in shares of Wells Fargo & Company in the 3rd quarter worth about $27,000. Marquette Asset Management LLC increased its stake in Wells Fargo & Company by 472.4% in the 3rd quarter. Marquette Asset Management LLC now owns 332 shares of the financial services provider’s stock valued at $28,000 after buying an additional 274 shares during the last quarter. Grey Fox Wealth Advisors LLC purchased a new stake in Wells Fargo & Company in the 3rd quarter valued at about $30,000. Imprint Wealth LLC purchased a new stake in Wells Fargo & Company in the 3rd quarter valued at about $31,000. Finally, Main Street Group LTD increased its stake in Wells Fargo & Company by 36.9% in the 3rd quarter. Main Street Group LTD now owns 438 shares of the financial services provider’s stock valued at $37,000 after buying an additional 118 shares during the last quarter. Institutional investors and hedge funds own 75.90% of the company’s stock.

Insiders Place Their Bets

In other Wells Fargo & Company news, EVP Bridget E. Engle sold 30,000 shares of the firm’s stock in a transaction on 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 sale, the executive vice president owned 83,478 shares of the company’s stock, valued at $7,270,933.80. This trade represents a 26.44% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Ellen R. Patterson sold 60,000 shares of the firm’s stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $87.40, for a total transaction of $5,244,000.00. Following the completion of the sale, the executive vice president directly owned 169,496 shares in the company, valued at approximately $14,813,950.40. This trade represents a 26.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 115,000 shares of company stock valued at $10,050,000 in the last quarter. Insiders own 0.14% of the company’s stock.

Wells Fargo & Company Stock Performance

Wells Fargo & Company stock opened at $81.46 on Thursday. The stock has a market cap of $251.35 billion, a P/E ratio of 12.57, a price-to-earnings-growth ratio of 0.95 and a beta of 1.06. The firm’s fifty day moving average price is $80.95 and its 200-day moving average price is $86.17. Wells Fargo & Company has a fifty-two week low of $69.33 and a fifty-two week high of $97.76. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.90 and a current ratio of 0.90.

Wells Fargo & Company (NYSE:WFC) last issued its earnings results on Tuesday, April 14th. The financial services provider reported $1.60 EPS for the quarter, topping analysts’ consensus estimates of $1.58 by $0.02. The company had revenue of $11.62 billion for the quarter, compared to analysts’ expectations 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 revenue was up 6.4% compared to the same quarter last year. During the same quarter last year, the company earned $1.39 EPS. On average, equities research analysts expect that Wells Fargo & Company will post 6.82 earnings per share for the current fiscal year.

Wells Fargo & Company Dividend Announcement

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

Wells Fargo & Company News Roundup

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

• Positive Sentiment: Board approved a quarterly common stock dividend of $0.45 per share (payable June 1, record May 8), implying a ~2.2% yield — a cash return that supports shareholder income and signals capital confidence. BusinessWire: Dividend Announcement
• Positive Sentiment: Wells Fargo is partnering with Mastercard to remove friction in B2B card payments — this initiative could expand card volumes, drive fee income and deepen corporate client relationships if adoption scales. PYMNTS: B2B Cards Partnership
• Positive Sentiment: WSJ reports Wells Fargo is expanding Wall Street trading activity now that regulatory caps have eased — increased trading and markets activity can boost non‑interest revenue over time. WSJ: Wall Street Expansion
• Positive Sentiment: Wells Fargo added Cathay Pacific as a rewards transfer partner — a small but positive move to improve card product engagement and loyalty. Yahoo: Rewards Partner
• Neutral Sentiment: Wells Fargo research activity: an analyst reiterated a Buy on Hinge Health (not WFC itself) — reflects the firm’s active research platform but has no direct impact on WFC fundamentals. TipRanks: Hinge Health Rating
• Neutral Sentiment: Wells Fargo analysts also adjusted coverage/targets on other companies (e.g., OGE, Arm) — market moves on those names reflect Wells Fargo’s research flow but don’t move WFC’s fundamentals. InsiderMonkey: OGE Upgrade
• Negative Sentiment: Wells Fargo’s own card‑spending charts show “spending fatigue” — daily credit and debit usage (ex‑gas) has flattened YoY, implying softer consumer activity that could depress card fees, interchange revenue and loan growth. Yahoo: Spending Fatigue
• Negative Sentiment: Market coverage and analysis highlight concerns about net interest income (NII) and valuation after softer quarterly NII trends — analysts trimmed targets and flagged NII as a near‑term headwind to earnings. Yahoo: Valuation / NII Concerns
• Negative Sentiment: Opinion pieces listing reasons to avoid WFC and analyst price‑target cuts (citing softer NII and mixed results) add downward pressure on sentiment and could limit near‑term upside. Yahoo: Reasons to Avoid WFC

Analyst Upgrades and Downgrades

WFC has been the subject of several 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 objective for the company in a research note on Friday, February 13th. Freedom Capital lowered shares of Wells Fargo & Company from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 15th. Keefe, Bruyette & Woods decreased their price objective on shares of Wells Fargo & Company from $101.00 to $98.00 and set a “market perform” rating for the company in a research note on Wednesday, April 15th. Wolfe Research reiterated an “outperform” rating and issued a $109.00 price objective on shares of Wells Fargo & Company in a research note on Wednesday, January 7th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $100.00 price objective on shares of Wells Fargo & Company in a research note on Thursday, January 15th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, Wells Fargo & Company currently 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.