S Bank Fund Management Ltd boosted its stake in Wells Fargo & Company (NYSE:WFC) by 26.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 141,847 shares of the financial services provider’s stock after acquiring an additional 29,846 shares during the period. Wells Fargo & Company accounts for approximately 1.6% of S Bank Fund Management Ltd’s holdings, making the stock its 13th biggest holding. S Bank Fund Management Ltd’s holdings in Wells Fargo & Company were worth $11,890,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Hilton Capital Management LLC bought a new stake in shares of Wells Fargo & Company during the 2nd quarter valued at $3,656,000. Three Bridge Wealth Advisors LLC bought a new stake in shares of Wells Fargo & Company in the second quarter worth approximately $364,000. Board of the Pension Protection Fund purchased a new position in shares of Wells Fargo & Company during the second quarter valued at approximately $40,000. Canoe Financial LP lifted its position in Wells Fargo & Company by 21.7% during the second quarter. Canoe Financial LP now owns 3,394,260 shares of the financial services provider’s stock valued at $271,948,000 after purchasing an additional 604,930 shares during the period. Finally, Synergy Asset Management LLC purchased a new stake in Wells Fargo & Company in the third quarter worth approximately $10,729,000. Hedge funds and other institutional investors own 75.90% of the company’s stock.
Wells Fargo & Company News Summary
Here are the key news stories impacting Wells Fargo & Company this week:
- Positive Sentiment: Bank group momentum and loan-growth tailwinds could support WFC fundamentals as earnings season begins; investors have been rotating into regional and large-bank names on improving loan trends and a permissive regulatory backdrop. Can Bank Stocks Sustain Recent Momentum?
- Positive Sentiment: Major outlets note U.S. banks enter earnings season on firmer footing after a strong 2025, which could buoy investor expectations for WFC’s upcoming quarter. Banks Enter Earnings Season on Firmer Footing, Though Risks Linger
- Positive Sentiment: Several Wall Street forecasters have refreshed their WFC expectations ahead of Q4 results, indicating active analyst attention that can amplify moves on the print (upgrades/raise targets would be supportive). Top Wall Street Forecasters Revamp Wells Fargo Expectations Ahead Of Q4 Earnings
- Neutral Sentiment: WFC will report Q4 results before markets open Jan. 14; that scheduled catalyst is increasing short-term volatility as investors balance guidance vs. consensus estimates. Top Wall Street Forecasters Revamp Wells Fargo Expectations Ahead Of Q4 Earnings (earnings date)
- Neutral Sentiment: Media reports say Wells Fargo has begun accumulating bitcoin; the move signals possible new asset exposure but creates uncertainty around balance-sheet strategy and regulatory oversight. Binance Founder CZ Encourages Crypto Holders While Wells Fargo Buys Bitcoin
- Neutral Sentiment: Wells Fargo’s internal research activity (model/assumption updates and new coverage) is ongoing but is largely peripheral to WFC’s own earnings — these items are unlikely to move the stock materially by themselves. Wells Fargo Updates 2026 Assumptions, Lowers General Mills (GIS) Price Target
- Negative Sentiment: Policy risk: banks pushed back after President Trump proposed a 10% cap on credit-card interest rates — industry groups warn the cap could restrict credit availability and compress net interest margins, a clear downside for card-reliant revenue lines at WFC. Banks warn consumers will be hurt by Trump’s 10% cap on credit card interest rates
Wells Fargo & Company Stock Performance
Wells Fargo & Company (NYSE:WFC – Get Free Report) last announced its earnings results on Tuesday, October 14th. The financial services provider reported $1.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.55 by $0.18. The firm had revenue of $21.44 billion for the quarter, compared to analysts’ expectations of $21.11 billion. Wells Fargo & Company had a net margin of 17.18% and a return on equity of 12.51%. The business’s revenue was up 5.3% compared to the same quarter last year. During the same period in the prior year, the company earned $1.42 EPS. Equities analysts anticipate 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 Monday, December 1st. Stockholders of record on Friday, November 7th were given a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend was Friday, November 7th. Wells Fargo & Company’s payout ratio is presently 29.61%.
Wall Street Analysts Forecast Growth
WFC has been the subject of a number of research reports. UBS Group decreased their target price on shares of Wells Fargo & Company from $95.00 to $93.00 and set a “buy” rating for the company in a research note on Tuesday, October 7th. Baird R W downgraded Wells Fargo & Company from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 6th. Keefe, Bruyette & Woods boosted their price target on Wells Fargo & Company from $92.00 to $101.00 and gave the company a “market perform” rating in a research note on Wednesday, December 17th. Bank of America upped their price target on shares of Wells Fargo & Company from $92.00 to $100.00 and gave the company a “buy” rating in a research report on Wednesday, October 15th. Finally, Robert W. Baird reissued an “underperform” rating and issued a $90.00 price objective on shares of Wells Fargo & Company in a report on Tuesday, January 6th. Twelve investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $93.91.
Read Our Latest Research Report on WFC
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.
Featured Articles
- Five stocks we like better than Wells Fargo & Company
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- How a Family Trust May Be Able To Help Preserve Your Wealth
- A U.S. “birthright” claim worth trillions – activated quietly
- Ticker Revealed: Pre-IPO Access to “Next Elon Musk” Company
- This stock gets a 94 out of 100
Want to see what other hedge funds are holding WFC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Wells Fargo & Company (NYSE:WFC – Free Report).
Receive News & Ratings for Wells Fargo & Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wells Fargo & Company and related companies with MarketBeat.com's FREE daily email newsletter.
