Wells Fargo & Company (NYSE:WFC) Research Coverage Started at CICC Research

CICC Research began coverage on shares of Wells Fargo & Company (NYSE:WFC) in a research report report published on Wednesday,Benzinga reports. The brokerage issued a market perform rating and a $96.00 target price on the financial services provider’s stock.

Several other equities research analysts have also weighed in on WFC. Truist Financial raised their price objective on Wells Fargo & Company from $100.00 to $104.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. Baird R W downgraded Wells Fargo & Company from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 6th. Evercore ISI reissued an “outperform” rating and issued a $110.00 price target on shares of Wells Fargo & Company in a research note on Tuesday, January 6th. TD Cowen upped their price objective on shares of Wells Fargo & Company from $93.00 to $102.00 and gave the company a “hold” rating in a research note on Wednesday, January 7th. Finally, Wolfe Research reiterated an “outperform” rating and issued a $109.00 target price on shares of Wells Fargo & Company in a report on Wednesday, January 7th. Thirteen research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $94.87.

Wells Fargo & Company Stock Performance

NYSE:WFC opened at $88.36 on Wednesday. The company has a 50-day moving average of $90.17 and a 200-day moving average of $84.81. The firm has a market cap of $277.37 billion, a price-to-earnings ratio of 14.09, a price-to-earnings-growth ratio of 0.81 and a beta of 1.09. The company has a current ratio of 0.90, a quick ratio of 0.84 and a debt-to-equity ratio of 1.05. Wells Fargo & Company has a twelve month low of $58.42 and a twelve month high of $97.76.

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

Wells Fargo & Company Announces Dividend

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 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend was Friday, November 7th. Wells Fargo & Company’s dividend payout ratio is 28.71%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in WFC. Access Investment Management LLC acquired a new position in shares of Wells Fargo & Company in the second quarter worth $25,000. McElhenny Sheffield Capital Management LLC purchased a new position in Wells Fargo & Company in the second quarter valued at about $27,000. Redmont Wealth Advisors LLC acquired a new position in Wells Fargo & Company in the 3rd quarter worth about $27,000. Marquette Asset Management LLC raised its stake in shares of Wells Fargo & Company by 472.4% during the 3rd quarter. Marquette Asset Management LLC now owns 332 shares of the financial services provider’s stock worth $28,000 after purchasing an additional 274 shares in the last quarter. Finally, Grey Fox Wealth Advisors LLC purchased a new stake in shares of Wells Fargo & Company during the 3rd quarter worth about $30,000. Institutional investors and hedge funds own 75.90% of the company’s stock.

More Wells Fargo & Company News

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

• Positive Sentiment: Asset‑cap lift enabling growth — management is ramping lending and growth initiatives now that the Fed’s asset cap is gone, which supports higher future loan volumes and revenue potential. Freed from Asset Cap, Wells Fargo Ramps up Lending
• Positive Sentiment: Q4 EPS beat — Wells Fargo reported EPS above consensus (helping underlying profitability) even as revenue missed estimates; management flagged improving core profitability and stronger wealth results. Wells Fargo posts earnings beat but revenue misses expectations
• Positive Sentiment: Insider/insider‑adjacent buying — a disclosed purchase by Sen. John Boozman was reported, which some investors view as a modest signal of confidence. Sen. John Boozman Buys Wells Fargo & Company Shares
• Neutral Sentiment: Analyst reactions are mixed — several firms revised price targets and ratings after Q4 (some trims, some raises); consensus remains around a “hold”/modest upside, creating balanced near‑term analyst flow rather than a uniform boost. These Analysts Revise Their Forecasts On Wells Fargo Following Q4 Earnings
• Neutral Sentiment: New coverage and broader industry commentary — CICC initiated coverage and major outlets highlighted sector‑wide strength in trading and wealth, which could support longer‑term estimates but doesn’t remove near‑term uncertainty. Wells Fargo Coverage Initiated at CICC Research
• Negative Sentiment: Revenue missed and severance dragged on profits — commentary and reporting pointed to material severance and restructuring charges that pressured reported profit and prompted concern about near‑term earnings quality. Wells Fargo misses profit estimates on severance costs, shares fall
• Negative Sentiment: Sector and policy overhang — bank stocks broadly pulled back after earnings, and proposals to cap credit‑card rates have emerged as a regulatory risk that could hit consumer finance revenue if enacted. Bank Stocks Get Punished After Earnings—Is Valuation the Real Problem?
• Negative Sentiment: Housing sentiment softens — the NAHB/Wells Fargo Housing Market Index fell unexpectedly in January, a modest negative for mortgage origination outlooks and related loan growth. U.S. Homebuilder Confidence Unexpectedly Deteriorates In January

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.