157,600 Shares in Wells Fargo & Company $WFC Bought by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System purchased a new stake in Wells Fargo & Company (NYSE:WFC) in the first quarter, HoldingsChannel reports. The fund purchased 157,600 shares of the financial services provider’s stock, valued at approximately $12,547,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Norges Bank bought a new position in Wells Fargo & Company during the fourth quarter valued at about $4,512,563,000. Capital Research Global Investors lifted its position in shares of Wells Fargo & Company by 4.9% in the 4th quarter. Capital Research Global Investors now owns 37,421,387 shares of the financial services provider’s stock worth $3,487,687,000 after acquiring an additional 1,760,484 shares during the period. Legal & General Group Plc grew its holdings in shares of Wells Fargo & Company by 0.9% during the 4th quarter. Legal & General Group Plc now owns 21,197,423 shares of the financial services provider’s stock worth $1,975,600,000 after purchasing an additional 188,186 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Wells Fargo & Company by 13.0% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 20,625,070 shares of the financial services provider’s stock worth $1,922,257,000 after purchasing an additional 2,369,260 shares in the last quarter. Finally, Boston Partners grew its holdings in shares of Wells Fargo & Company by 5.2% during the 4th quarter. Boston Partners now owns 9,606,215 shares of the financial services provider’s stock worth $895,466,000 after purchasing an additional 477,745 shares in the last quarter. Institutional investors own 75.90% of the company’s stock.

Key Wells Fargo & Company News

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

• Positive Sentiment: Wells Fargo completed the Fed’s 2026 stress test and said it intends to raise its third-quarter dividend by 11%, which supports the stock by showing strong capital resilience and a shareholder-friendly payout policy. Article Title
• Positive Sentiment: Industry-wide stress test results were also supportive, with large banks broadly passing and many announcing dividend hikes and buyback plans, which can improve sentiment toward Wells Fargo and the sector. Article Title
• Positive Sentiment: Analyst previews ahead of Wells Fargo’s upcoming earnings suggest modest double-digit profit growth, reinforcing expectations for solid near-term fundamentals. Article Title
• Neutral Sentiment: Market commentary from Wells Fargo strategist Scott Wren encouraged investors not to chase the recent rally, but to buy dips, offering a cautious macro view rather than a direct company-specific catalyst. Article Title

Wells Fargo & Company Price Performance

NYSE:WFC opened at $84.76 on Friday. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 1.12. The firm has a market cap of $259.38 billion, a PE ratio of 13.08, a price-to-earnings-growth ratio of 0.99 and a beta of 0.93. Wells Fargo & Company has a 12 month low of $72.78 and a 12 month high of $97.76. The company’s 50-day moving average price is $79.65 and its two-hundred day moving average price is $84.45.

Wells Fargo & Company (NYSE:WFC) last posted its quarterly earnings data on Tuesday, April 14th. The financial services provider reported $1.60 earnings per share for the quarter, topping the consensus estimate of $1.58 by $0.02. Wells Fargo & Company had a net margin of 17.26% and a return on equity of 13.27%. The company had revenue of $11.62 billion during the quarter, compared to analyst estimates of $21.85 billion. During the same quarter last year, the business posted $1.39 earnings per share. The company’s revenue was up 6.4% on a year-over-year basis. On average, equities analysts anticipate that Wells Fargo & Company will post 6.86 EPS for the current fiscal year.

Wells Fargo & Company Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Friday, May 8th were issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Friday, May 8th. Wells Fargo & Company’s dividend payout ratio (DPR) is currently 27.78%.

Analyst Ratings Changes

A number of brokerages recently commented on WFC. KGI Securities lowered Wells Fargo & Company to a “hold” rating in a research note on Thursday, April 16th. Jefferies Financial Group initiated coverage on shares of Wells Fargo & Company in a research note on Thursday, March 26th. They set a “buy” rating and a $100.00 price target on the stock. Evercore reissued an “outperform” rating on shares of Wells Fargo & Company in a report on Friday, March 6th. Phillip Securities upgraded shares of Wells Fargo & Company from a “moderate buy” rating to a “strong-buy” rating in a research note on Thursday, May 7th. Finally, Morgan Stanley reduced their price objective on shares of Wells Fargo & Company from $108.00 to $100.00 and set an “equal weight” rating for the company in a report on Tuesday, March 31st. Two analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $98.24.

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.