Healthcare of Ontario Pension Plan Trust Fund Acquires 214,280 Shares of Wells Fargo & Company $WFC

Healthcare of Ontario Pension Plan Trust Fund raised its holdings in shares of Wells Fargo & Company (NYSE:WFC) by 9.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,523,094 shares of the financial services provider’s stock after acquiring an additional 214,280 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Wells Fargo & Company were worth $235,152,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in WFC. Godfrey Financial Associates Inc. bought a new position in shares of Wells Fargo & Company during the 4th quarter worth approximately $25,000. Navalign LLC bought a new position in shares of Wells Fargo & Company during the 4th quarter worth approximately $26,000. Redmont Wealth Advisors LLC bought a new stake in shares of Wells Fargo & Company during the 3rd quarter worth approximately $27,000. Joseph Group Capital Management bought a new stake in shares of Wells Fargo & Company during the 4th quarter worth approximately $28,000. Finally, Core Wealth Advisors LLC bought a new stake in shares of Wells Fargo & Company during the 4th quarter worth approximately $29,000. 75.90% of the stock is owned by institutional investors.

Wells Fargo & Company News Roundup

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

• Positive Sentiment: Wells Fargo highlighted its balance-sheet strategy and said it expects about $50 billion in net interest income for 2026, supported by loan and deposit trends. That reinforces the bank’s earnings outlook and may be helping sentiment on the stock. Wells Fargo’s Long-Dated Funding And NII Outlook Might Change The Case For Investing In WFC
• Positive Sentiment: Analysts and market commentary continue to point to WFC as an attractive dividend stock, which can support demand for the shares among income-focused investors. Why Wells Fargo (WFC) is a Top Dividend Stock for Your Portfolio
• Positive Sentiment: Wells Fargo announced a $1 million donation to support skilled trades training and workforce development in Pennsylvania, a reputationally positive move that underscores its community investment efforts. Wells Fargo Pledges $1 Million Donation Toward Skilled Trades in Pennsylvania
• Neutral Sentiment: Wells Fargo is also being mentioned in connection with Tilly’s extending a credit agreement with the bank. This is more of a client-services headline than a direct stock-moving catalyst for WFC. Tilly’s Extends Credit Agreement Maturity with Wells Fargo
• Negative Sentiment: Wells Fargo was named in a DOJ subpoena related to Trump-era “debanking” claims, which adds regulatory overhang and could weigh on the stock if the probe broadens or creates legal costs. JPMorgan, BofA, Wells Fargo Subpoenaed By DOJ In Trump’s Explosive ‘Debanking’ Crackdown: Report
• Neutral Sentiment: A video discussing summer food inflation referenced Wells Fargo’s Agri-Food Institute, but it appears more macroeconomic and consumer-focused than directly tied to WFC’s fundamentals. Best ways to barbecue on a budget this summer

Wells Fargo & Company Trading Up 1.5%

Shares of Wells Fargo & Company stock opened at $83.67 on Friday. Wells Fargo & Company has a 12-month low of $71.93 and a 12-month high of $97.76. The stock has a market cap of $256.05 billion, a P/E ratio of 12.91, a P/E/G ratio of 0.98 and a beta of 0.93. 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 business’s 50 day moving average is $79.56 and its 200-day moving average is $84.66.

Wells Fargo & Company (NYSE:WFC) last posted its quarterly earnings results on Tuesday, April 14th. The financial services provider reported $1.60 earnings per share for the quarter, beating analysts’ consensus estimates of $1.58 by $0.02. Wells Fargo & Company had a return on equity of 13.27% and a net margin of 17.26%.The business had revenue of $11.62 billion for the quarter, compared to analysts’ expectations of $21.85 billion. During the same quarter in the prior year, the business earned $1.39 EPS. The firm’s revenue for the quarter was up 6.4% on a year-over-year basis. Equities research analysts predict that Wells Fargo & Company will post 6.84 earnings per share for the current fiscal year.

Wells Fargo & Company Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Friday, May 8th were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date was Friday, May 8th. Wells Fargo & Company’s dividend payout ratio is 27.78%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on WFC. Evercore reiterated an “outperform” rating on shares of Wells Fargo & Company in a research note on Friday, March 6th. Barclays dropped their price objective on Wells Fargo & Company from $113.00 to $108.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 15th. JPMorgan Chase & Co. dropped their price objective on Wells Fargo & Company from $91.00 to $86.50 and set a “neutral” rating on the stock in a research note on Thursday, April 30th. Phillip Securities upgraded Wells Fargo & Company from a “moderate buy” rating to a “strong-buy” rating in a research note on Thursday, May 7th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Wells Fargo & Company in a research note on Monday, April 20th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $97.53.

Wells Fargo & 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.