Wells Fargo & Company $WFC Shares Acquired by Victory Financial Group LLC

Victory Financial Group LLC increased its holdings in shares of Wells Fargo & Company (NYSE:WFC) by 226.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 24,262 shares of the financial services provider’s stock after buying an additional 16,822 shares during the period. Victory Financial Group LLC’s holdings in Wells Fargo & Company were worth $2,261,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Cohen Investment Advisors LLC grew its holdings in Wells Fargo & Company by 0.4% in the fourth quarter. Cohen Investment Advisors LLC now owns 52,059 shares of the financial services provider’s stock valued at $4,852,000 after purchasing an additional 233 shares during the period. Lodestone Wealth Management LLC acquired a new position in shares of Wells Fargo & Company during the 4th quarter worth approximately $161,000. Frank Rimerman Advisors LLC lifted its position in shares of Wells Fargo & Company by 11.3% during the 4th quarter. Frank Rimerman Advisors LLC now owns 37,098 shares of the financial services provider’s stock valued at $3,458,000 after buying an additional 3,774 shares in the last quarter. Nilsine Partners LLC lifted its position in shares of Wells Fargo & Company by 10.7% during the 4th quarter. Nilsine Partners LLC now owns 13,911 shares of the financial services provider’s stock valued at $1,297,000 after buying an additional 1,349 shares in the last quarter. Finally, LeConte Wealth Management LLC grew its stake in Wells Fargo & Company by 8.4% in the 4th quarter. LeConte Wealth Management LLC now owns 4,471 shares of the financial services provider’s stock valued at $417,000 after acquiring an additional 348 shares during the period. Hedge funds and other institutional investors own 75.90% of the company’s stock.

Wells Fargo & Company News Roundup

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

• Positive Sentiment: Broker consensus remains constructive — WFC has an average analyst rating of “Moderate Buy,” which supports demand ahead of catalysts like capital returns and regulatory developments. Wells Fargo & Company (NYSE:WFC) Receives Average Rating of “Moderate Buy” from Brokerages
• Positive Sentiment: Brand and consumer engagement receive attention — Wells Fargo’s 2026 Money Study and related press show favorable customer stickiness and product usage (banking apps), which supports franchise value and fee opportunities. That narrative can prop the stock versus broader market weakness. Wells Fargo 2026 Money Study Reveals Americans Redefining the American Dream
• Neutral Sentiment: Market commentary and CEO views are mixed — CEO Charlie Scharf highlighted a “disconnect” between market nervousness and Main Street fundamentals; informative for sentiment but not an immediate earnings or capital action. Markets are nervous, but Main Street isn’t: Wells Fargo CEO flags economic disconnect
• Neutral Sentiment: Analyst/industry notes from Wells Fargo (on other stocks) keep the firm’s research profile in the headlines but don’t directly move WFC fundamentals. These notes influence market perception of Wells Fargo’s research unit rather than bank earnings. GE Vernova Stock Jumps After Wells Fargo Boosts Price Target
• Negative Sentiment: Morgan Stanley trimmed WFC’s price target to $100 and moved to an “Equal Weight” rating — a direct downward signal from a major broker that can cap upside and contribute to intraday volatility. Morgan Stanley lowers price target for Wells Fargo
• Negative Sentiment: Wells Fargo’s own macro team slashed the S&P 500 2026 target to 7,300 citing U.S.-Iran war risks and weaker tax receipts — a call that feeds broader risk-off sentiment and could pressure bank stocks if markets trade lower. Wells Fargo resets its S&P 500 target for rest of 2026
• Neutral Sentiment: Upcoming earnings focus — market previews (will WFC beat?) keep attention on the April earnings window; expectations and guidance will matter more than these preview pieces. Will Wells Fargo (WFC) beat quarterly earnings?

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on WFC shares. The Goldman Sachs Group cut their price target on shares of Wells Fargo & Company from $109.00 to $93.00 and set a “buy” rating for the company in a report on Monday, March 23rd. UBS Group reaffirmed a “buy” rating and set a $113.00 price objective on shares of Wells Fargo & Company in a report on Wednesday, February 4th. 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. HSBC upgraded shares of Wells Fargo & Company from a “hold” rating to a “buy” rating and set a $94.00 price target for the company in a research report on Wednesday. Finally, Jefferies Financial Group started coverage on shares of Wells Fargo & Company in a research note on Thursday, March 26th. They issued a “buy” rating and a $100.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $98.13.

Wells Fargo & Company Trading Up 3.5%

Shares of WFC stock opened at $79.52 on Wednesday. The stock’s fifty day moving average is $84.20 and its two-hundred day moving average is $86.25. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.90 and a current ratio of 0.90. The firm has a market capitalization of $245.38 billion, a P/E ratio of 12.68, a PEG ratio of 0.82 and a beta of 1.08. Wells Fargo & Company has a fifty-two week low of $58.42 and a fifty-two week high of $97.76.

Wells Fargo & Company (NYSE:WFC) last released its earnings results on Wednesday, January 14th. The financial services provider reported $1.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.66 by $0.10. The business had revenue of $21.29 billion during the quarter, compared to analyst estimates of $21.63 billion. Wells Fargo & Company had a net margin of 17.27% and a return on equity of 12.90%. The company’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.43 earnings per share. Research analysts expect that Wells Fargo & Company will post 5.89 earnings per share for the current fiscal year.

Wells Fargo & Company Dividend Announcement

The firm also recently declared 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. The ex-dividend date was Friday, February 6th. This represents a $1.80 dividend on an annualized basis and a yield of 2.3%. Wells Fargo & Company’s payout ratio is presently 28.71%.

Insider Activity at Wells Fargo & Company

In other Wells Fargo & Company news, EVP Ellen R. Patterson sold 60,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $87.40, for a total value of $5,244,000.00. Following the transaction, the executive vice president directly owned 169,496 shares of the company’s stock, valued at $14,813,950.40. This trade represents a 26.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 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 value of $2,613,000.00. Following the transaction, the executive vice president owned 83,478 shares in the company, valued at approximately $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. In the last quarter, insiders sold 115,000 shares of company stock valued at $10,050,000. Corporate insiders own 0.14% of the company’s stock.

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.