Tredje AP fonden Sells 77,000 Shares of Wells Fargo & Company $WFC

Tredje AP fonden cut its position in Wells Fargo & Company (NYSE:WFC) by 5.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,385,394 shares of the financial services provider’s stock after selling 77,000 shares during the quarter. Wells Fargo & Company comprises 0.9% of Tredje AP fonden’s investment portfolio, making the stock its 19th biggest position. Tredje AP fonden’s holdings in Wells Fargo & Company were worth $116,124,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in WFC. Vanguard Group Inc. increased its holdings in shares of Wells Fargo & Company by 0.4% in the second quarter. Vanguard Group Inc. now owns 302,092,955 shares of the financial services provider’s stock worth $24,203,688,000 after purchasing an additional 1,341,222 shares during the period. Norges Bank purchased a new stake in Wells Fargo & Company during the 2nd quarter valued at $3,990,551,000. Massachusetts Financial Services Co. MA lifted its holdings in shares of Wells Fargo & Company by 7.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 17,859,680 shares of the financial services provider’s stock valued at $1,496,998,000 after buying an additional 1,223,999 shares during the period. Amundi boosted its stake in shares of Wells Fargo & Company by 18.2% in the 2nd quarter. Amundi now owns 14,155,753 shares of the financial services provider’s stock worth $1,165,868,000 after buying an additional 2,180,693 shares during the last quarter. Finally, Grantham Mayo Van Otterloo & Co. LLC grew its holdings in shares of Wells Fargo & Company by 1.1% in the second quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 8,469,766 shares of the financial services provider’s stock worth $678,598,000 after acquiring an additional 88,358 shares during the period. 75.90% of the stock is currently owned by hedge funds and other institutional investors.

Wells Fargo & Company Trading Up 1.2%

Shares of NYSE:WFC opened at $88.61 on Friday. The stock has a 50 day moving average of $91.49 and a 200 day moving average of $86.15. The company has a market cap of $278.17 billion, a PE ratio of 14.13, a price-to-earnings-growth ratio of 0.95 and a beta of 1.09. Wells Fargo & Company has a 12-month low of $58.42 and a 12-month high of $97.76. 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 (NYSE:WFC) last issued its quarterly earnings results 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. The business had revenue of $11.97 billion for the quarter, compared to the consensus estimate of $21.63 billion. Wells Fargo & Company had a net margin of 17.27% and a return on equity of 12.90%. The company’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.43 earnings per share. As a group, equities research analysts expect that Wells Fargo & Company will post 5.89 EPS for the current year.

Wells Fargo & Company Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Sunday, March 1st. Investors of record on Friday, February 6th will be paid a dividend of $0.45 per share. The ex-dividend date is Friday, February 6th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.0%. Wells Fargo & Company’s payout ratio is 28.71%.

Insiders Place Their Bets

In other Wells Fargo & Company news, EVP Kleber Santos sold 25,000 shares of the stock in a transaction on Friday, February 20th. The stock was sold at an average price of $87.72, for a total value of $2,193,000.00. Following the completion of the sale, the executive vice president owned 79,876 shares in the company, valued at approximately $7,006,722.72. This represents a 23.84% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.08% of the company’s stock.

Key Headlines Impacting Wells Fargo & Company

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

• Positive Sentiment: Analysts at Zacks highlighted that banks including Wells Fargo could regain mortgage market share if the Fed eases capital rules, which would support loan growth and margins for WFC. The Zacks Analyst Blog Rocket, PennyMac , Wells Fargo , Bank of America and JPMorgan
• Positive Sentiment: Coverage noting that Wells Fargo has outpaced broader market gains recently reinforces momentum/relative strength narratives for investors looking for banking exposure. Wells Fargo (WFC) outpaces stock market gains: What you should know
• Positive Sentiment: Wells Fargo research citing stronger user spending trends at Snowflake (SNOW) demonstrates the firm’s influence in equity research and can be a modest positive for perception of WFC’s research franchise. Snowflake Stock (SNOW) Rises after Wells Fargo Says Users Expect to Up Spending
• Neutral Sentiment: Wells Fargo updated its 2026 earnings release dates and conference call schedule — helpful operational detail for investors monitoring upcoming catalysts but not a fundamental change. Wells Fargo Updates 2026 Earnings Release Date Information
• Neutral Sentiment: Wells Fargo analysts trimmed their price target on Genius Sports (GENI), citing uncertainty around GENI’s Legend acquisition — this is research-driven and speaks to WFC’s analyst activity rather than WFC’s financials. Wells Fargo Cites Legend Acquisition Uncertainty as Potential Headwind for Genius Sports (GENI) Valuation
• Neutral Sentiment: Wells Fargo analysts maintained coverage/ratings on other consumer names (e.g., Wingstop), underscoring the firm’s active equity research but with limited direct impact on WFC stock. Wingstop Nears Growth Inflection on Improving Operations, Strategic Initiatives, and 2026 Expansion Outlook
• Negative Sentiment: EVP Kleber Santos sold 25,000 WFC shares (~$2.19M at ~$87.72), reducing his stake by ~24% — insider selling can raise short-term caution among investors even if not unusual. Insider Form 4 – Kleber Santos
• Negative Sentiment: Coverage comparing Wells Fargo and peers highlights investor worries about pressure on net interest income in a higher-for-longer rate environment — a key risk that can cap upside and explains recent underperformance vs. peers. Citigroup vs Wells Fargo: Which Wins on Dividends, Buybacks, Interest Rate Exposure?

Analyst Ratings Changes

A number of research analysts have weighed in on WFC shares. UBS Group reissued a “buy” rating and issued a $113.00 target price on shares of Wells Fargo & Company in a report on Wednesday, February 4th. Wolfe Research reiterated an “outperform” rating and issued a $109.00 price objective on shares of Wells Fargo & Company in a research note on Wednesday, January 7th. Argus raised their price objective on shares of Wells Fargo & Company from $94.00 to $101.00 and gave the stock a “buy” rating in a report on Thursday, January 15th. TD Cowen cut their target price on shares of Wells Fargo & Company from $102.00 to $100.00 and set a “hold” rating for the company in a research report on Thursday, January 15th. Finally, Barclays increased their price target on shares of Wells Fargo & Company from $94.00 to $113.00 and gave the stock an “overweight” rating in a research report on Monday, January 5th. Thirteen investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $97.03.

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.