Roberts Capital Advisors LLC Buys New Stake in Wells Fargo & Company $WFC

Roberts Capital Advisors LLC bought a new stake in shares of Wells Fargo & Company (NYSE:WFC) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 8,405 shares of the financial services provider’s stock, valued at approximately $705,000.

A number of other hedge funds have also made changes to their positions in WFC. Redmont Wealth Advisors LLC acquired a new stake in Wells Fargo & Company in the 3rd quarter valued at about $27,000. Marquette Asset Management LLC raised its holdings 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 period. Grey Fox Wealth Advisors LLC acquired a new position in shares of Wells Fargo & Company in the 3rd quarter worth approximately $30,000. Kilter Group LLC purchased a new position in shares of Wells Fargo & Company during the second quarter worth $31,000. Finally, Aventus Investment Advisors Inc. acquired a new position in Wells Fargo & Company in the 3rd quarter valued at about $37,000. Institutional investors and hedge funds own 75.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on WFC shares. Freedom Capital cut shares of Wells Fargo & Company from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 15th. Argus boosted their price objective on Wells Fargo & Company from $94.00 to $101.00 and gave the company a “buy” rating in a research note on Thursday, January 15th. JPMorgan Chase & Co. lifted their target price on shares of Wells Fargo & Company from $99.00 to $99.50 and gave the company a “neutral” rating in a report on Monday, February 9th. Evercore reissued an “outperform” rating on shares of Wells Fargo & Company in a research report on Friday, March 6th. Finally, Wolfe Research reiterated an “outperform” rating and set a $109.00 target price on shares of Wells Fargo & Company in a research note on Wednesday, January 7th. Thirteen investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Wells Fargo & Company presently has an average rating of “Moderate Buy” and an average price target of $97.03.

Insider Buying and Selling at Wells Fargo & Company

In related news, EVP Bridget E. Engle sold 30,000 shares of the stock in a transaction dated 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 transaction, the executive vice president directly owned 83,478 shares in the company, valued at approximately $7,270,933.80. This trade represents a 26.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 approximately $7,006,722.72. This represents a 23.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 115,000 shares of company stock valued at $10,050,000 in the last 90 days. 0.08% of the stock is currently owned by company insiders.

Trending Headlines about Wells Fargo & Company

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

• Positive Sentiment: Wells Fargo filed a U.S. trademark for “WFUSD,” describing services for tokenization, crypto trading, payments, wallets and staking — a visible signal the bank may launch a branded digital-asset/payments platform or stablecoin, which could open new fee and payments revenue if executed. Wells Fargo ‘WFUSD’ Trademark Filing Sparks Speculation about New Bank Stablecoin
• Positive Sentiment: Multiple outlets reported the WFUSD filing and described broad crypto services (trading/exchange, payments processing, tokenization), increasing investor awareness and speculation about incremental revenue streams. Wells Fargo Files Plan for WFUSD Digital Assets Effort Wells Fargo files WFUSD trademark for crypto payments and trading
• Positive Sentiment: Unusually high call-option volume shows traders positioning for upside, which can foreshadow momentum moves if catalysts (like official product/partnership announcements) follow. Traders Buy High Volume of Call Options on Wells Fargo & Company (NYSE:WFC)
• Positive Sentiment: Analyst commentary and coverage highlight structural tailwinds: regulatory relief that can free balance-sheet growth and fee expansion, and a strategic push to win middle-market commercial banking clients — both support medium-term revenue/earnings upside. Can Wells Fargo Turn Regulatory Relief Into Sustainable Growth? Wells Fargo chases lead bank role for middle-market clients
• Neutral Sentiment: Coverage noting Wells Fargo analysts raising price targets on other companies reflects active research capabilities, but it doesn’t directly affect WFC’s fundamentals. BMO and Wells Fargo Raise Targets on Matador (MTDR) and United Natural Foods (UNFI)
• Negative Sentiment: Despite the positive headlines, shares are trading down and sit below the 50- and 200-day moving averages — a technical weakness that can prompt selling or limit upside until clarity on execution/regulation for digital-asset initiatives arrives. Major Wall Street bank files mysterious new trademark

Wells Fargo & Company Stock Down 1.9%

Shares of WFC stock opened at $76.85 on Thursday. Wells Fargo & Company has a 1 year low of $58.42 and a 1 year high of $97.76. The stock has a market cap of $237.13 billion, a PE ratio of 12.26, a price-to-earnings-growth ratio of 0.85 and a beta of 1.08. The business’s fifty day moving average is $88.50 and its 200-day moving average is $86.59. 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 (NYSE:WFC) last announced its quarterly earnings results on Wednesday, January 14th. The financial services provider reported $1.76 earnings per share for the quarter, beating analysts’ consensus estimates of $1.66 by $0.10. Wells Fargo & Company had a net margin of 17.27% and a return on equity of 12.90%. The firm had revenue of $21.29 billion for the quarter, compared to analyst estimates of $21.63 billion. During the same quarter in the previous year, the firm posted $1.43 earnings per share. The business’s revenue was up 4.5% on a year-over-year basis. Equities analysts expect that Wells Fargo & Company will post 5.89 earnings per share for the current fiscal year.

Wells Fargo & Company Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Sunday, March 1st. Shareholders of record on Friday, February 6th were issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date was Friday, February 6th. Wells Fargo & Company’s dividend payout ratio is 28.71%.

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.