Swiss Life Asset Management Ltd Has $28.20 Million Stock Holdings in Wells Fargo & Company $WFC

Swiss Life Asset Management Ltd grew its position in shares of Wells Fargo & Company (NYSE:WFC) by 9.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 336,399 shares of the financial services provider’s stock after buying an additional 30,396 shares during the period. Swiss Life Asset Management Ltd’s holdings in Wells Fargo & Company were worth $28,197,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of WFC. Redmont Wealth Advisors LLC acquired a new position in shares of Wells Fargo & Company in the third quarter valued at about $27,000. Marquette Asset Management LLC increased its position in Wells Fargo & Company by 472.4% during the third quarter. Marquette Asset Management LLC now owns 332 shares of the financial services provider’s stock worth $28,000 after acquiring an additional 274 shares during the period. Grey Fox Wealth Advisors LLC acquired a new stake in Wells Fargo & Company in the 3rd quarter worth about $30,000. Imprint Wealth LLC bought a new stake in Wells Fargo & Company in the 3rd quarter valued at about $31,000. Finally, Kilter Group LLC bought a new stake in Wells Fargo & Company in the 2nd quarter valued at about $31,000. Institutional investors and hedge funds own 75.90% of the company’s stock.

Insider Activity at Wells Fargo & Company

In related news, EVP Ellen R. Patterson sold 60,000 shares of Wells Fargo & Company stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $87.40, for a total transaction of $5,244,000.00. Following the sale, the executive vice president directly owned 169,496 shares of the company’s stock, valued at approximately $14,813,950.40. The trade was a 26.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Kleber Santos sold 25,000 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $87.72, for a total transaction of $2,193,000.00. Following the transaction, the executive vice president owned 79,876 shares of the company’s stock, valued at approximately $7,006,722.72. This represents a 23.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 115,000 shares of company stock valued at $10,050,000. 0.08% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the stock. Barclays raised their target price on shares of Wells Fargo & Company from $94.00 to $113.00 and gave the stock an “overweight” rating in a report on Monday, January 5th. Wolfe Research reiterated an “outperform” rating and issued a $109.00 price target on shares of Wells Fargo & Company in a research note on Wednesday, January 7th. JPMorgan Chase & Co. increased their price target on Wells Fargo & Company from $99.00 to $99.50 and gave the stock a “neutral” rating in a research report on Monday, February 9th. HSBC restated a “hold” rating and set a $74.00 price objective on shares of Wells Fargo & Company in a research note on Wednesday, January 7th. Finally, Robert W. Baird upgraded Wells Fargo & Company from an “underperform” rating to a “neutral” rating and set a $85.00 target price for the company in a research report on Friday, February 13th. Thirteen research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $96.71.

Wells Fargo & Company Price Performance

Wells Fargo & Company stock opened at $76.11 on Thursday. 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 has a 52 week low of $58.42 and a 52 week high of $97.76. The stock has a market capitalization of $234.86 billion, a P/E ratio of 12.14, a price-to-earnings-growth ratio of 0.83 and a beta of 1.08. The stock has a fifty day moving average of $86.54 and a 200-day moving average of $86.37.

Wells Fargo & Company (NYSE:WFC) last released its quarterly earnings data on Wednesday, January 14th. The financial services provider reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.66 by $0.10. Wells Fargo & Company had a return on equity of 12.90% and a net margin of 17.27%.The business had revenue of $21.29 billion for the quarter, compared to analyst estimates of $21.63 billion. During the same period last year, the firm posted $1.43 earnings per share. Wells Fargo & Company’s revenue was up 4.5% compared to the same quarter last year. On average, sell-side analysts expect that Wells Fargo & Company will post 5.89 earnings per share for the current fiscal year.

Wells Fargo & Company Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Sunday, March 1st. Stockholders of record on Friday, February 6th were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Friday, February 6th. Wells Fargo & Company’s dividend payout ratio (DPR) is presently 28.71%.

Key Headlines Impacting Wells Fargo & Company

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

• Positive Sentiment: FiNet recruiting wins bring ~$1.2B in client assets to Wells Fargo’s independent advice channel, supporting fee revenue growth and wealth-management momentum. Article Title
• Positive Sentiment: Wells Fargo launched a national Housing Affordability Breakthrough Challenge with $10M in grants — a reputational/ESG win that could improve community lending relationships and long-term franchise value. Article Title
• Neutral Sentiment: Wells Fargo designated a new Series GG preferred stock — a capital tool that increases flexibility for funding or regulatory capital management but does not immediately dilute common equity. Details remain limited. Article Title
• Neutral Sentiment: Filing for a potential stablecoin called “WFUSD” signals strategic intent in digital assets/payments — a possible future revenue avenue but with regulatory and execution risk. Article Title
• Neutral Sentiment: Former Wells Fargo executive is leading a new hotel credit strategy at EOS Investors — notable for executive mobility but only tangential to WFC’s fundamentals. Article Title
• Negative Sentiment: Truist lowered its WFC price target from $98 to $94 (while retaining a Buy rating), trimming upside expectations and likely pressuring near-term sentiment. Article Title
• Negative Sentiment: Analyst downgrades/target trims continue to appear (Evercore cut its PT earlier while keeping a Buy), which combined with broader bank-sector nerves is weighing on WFC multiple re-rating. Article Title
• Negative Sentiment: Sector-level weakness: reports flag rising private-credit worries that have pressured multiple bank stocks and are creating risk-off flows into regional and large-bank names alike. That backdrop is amplifying downward moves in WFC. Article Title

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.