Cvfg LLC Acquires Shares of 5,931 Wells Fargo & Company $WFC

Cvfg LLC acquired a new stake in Wells Fargo & Company (NYSE:WFC) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 5,931 shares of the financial services provider’s stock, valued at approximately $472,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in WFC. Saxon Interests Inc. boosted its position in Wells Fargo & Company by 154.5% during the first quarter. Saxon Interests Inc. now owns 11,469 shares of the financial services provider’s stock worth $913,000 after purchasing an additional 6,963 shares during the period. Jackson Thornton Wealth Management LLC raised its position in shares of Wells Fargo & Company by 6.2% in the first quarter. Jackson Thornton Wealth Management LLC now owns 2,984 shares of the financial services provider’s stock valued at $255,000 after purchasing an additional 173 shares during the period. Horst & Graben Wealth Management LLC lifted its stake in shares of Wells Fargo & Company by 67.9% during the 1st quarter. Horst & Graben Wealth Management LLC now owns 5,376 shares of the financial services provider’s stock worth $433,000 after buying an additional 2,175 shares during the last quarter. Resonant Capital Advisors LLC lifted its stake in shares of Wells Fargo & Company by 9.2% during the 1st quarter. Resonant Capital Advisors LLC now owns 14,145 shares of the financial services provider’s stock worth $1,126,000 after buying an additional 1,187 shares during the last quarter. Finally, Sather Financial Group Inc lifted its stake in shares of Wells Fargo & Company by 2.5% during the 1st quarter. Sather Financial Group Inc now owns 13,480 shares of the financial services provider’s stock worth $1,073,000 after buying an additional 323 shares during the last quarter. 75.90% of the stock is currently owned by institutional investors.

Wells Fargo & Company Trading Down 1.7%

Shares of Wells Fargo & Company stock opened at $85.70 on Thursday. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.90 and a current ratio of 0.90. The firm has a 50-day moving average of $80.44 and a 200-day moving average of $84.06. Wells Fargo & Company has a 52-week low of $72.78 and a 52-week high of $97.76. The stock has a market cap of $262.26 billion, a PE ratio of 13.23, a PEG ratio of 1.00 and a beta of 0.92.

Wells Fargo & Company (NYSE:WFC) last released its quarterly earnings results on Tuesday, April 14th. The financial services provider reported $1.60 EPS for the quarter, topping analysts’ consensus estimates 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 business had revenue of $11.62 billion for the quarter, compared to analyst estimates of $21.85 billion. During the same period last year, the firm earned $1.39 earnings per share. Wells Fargo & Company’s revenue for the quarter was up 6.4% compared to the same quarter last year. As a group, sell-side analysts forecast that Wells Fargo & Company will post 6.98 EPS for the current year.

Wells Fargo & Company Announces Dividend

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

Key Stories Impacting Wells Fargo & Company

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

• Positive Sentiment: Bank of America raised its price target on Wells Fargo & Company (WFC) to $102 and kept a buy rating, signaling confidence in further upside.
• Positive Sentiment: UBS also maintained a buy rating and lifted its target to $104, reinforcing the bullish analyst backdrop for WFC.
• Positive Sentiment: Wells Fargo is expected to report second-quarter 2026 earnings on July 14, and preview notes suggest investors are focused on net interest margin trends and possible earnings strength.
• Positive Sentiment: Broader enthusiasm for financial stocks ahead of Q2 results is supporting the group, with analysts pointing to strong trading and fee income trends across large banks.
• Neutral Sentiment: Raymond James initiated coverage of Wells Fargo with a market perform rating, which adds a more cautious voice but does not materially change the overall positive analyst tone.
• Neutral Sentiment: Wells Fargo’s recent bond issuance activity and valuation discussions suggest investors are also weighing capital-market activity and fair-value arguments, but these items are not as immediate a catalyst as earnings.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. Wall Street Zen upgraded shares of Wells Fargo & Company from a “sell” rating to a “hold” rating in a research note on Sunday, June 14th. Piper Sandler restated an “overweight” rating and set a $94.00 price objective (down from $100.00) on shares of Wells Fargo & Company in a research report on Wednesday, April 15th. Raymond James Financial began coverage on Wells Fargo & Company in a report on Wednesday. They set a “market perform” rating for the company. The Goldman Sachs Group decreased their target price on Wells Fargo & Company from $109.00 to $93.00 and set a “buy” rating on the stock in a research report on Monday, March 23rd. Finally, Jefferies Financial Group initiated coverage on Wells Fargo & Company in a research note on Thursday, March 26th. They set a “buy” rating and a $100.00 target price on the stock. Two equities research 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 data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $98.34.

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.