Hussman Strategic Advisors Inc. Takes $1.76 Million Position in Wells Fargo & Company $WFC

Hussman Strategic Advisors Inc. acquired a new position in shares of Wells Fargo & Company (NYSE:WFC) during the 3rd quarter, Holdings Channel reports. The fund acquired 21,000 shares of the financial services provider’s stock, valued at approximately $1,760,000.

Other institutional investors have also modified their holdings of the company. Hidden Cove Wealth Management LLC raised its holdings in Wells Fargo & Company by 2.0% during the 3rd quarter. Hidden Cove Wealth Management LLC now owns 5,948 shares of the financial services provider’s stock valued at $499,000 after buying an additional 119 shares during the period. Zullo Investment Group Inc. raised its stake in shares of Wells Fargo & Company by 2.0% in the third quarter. Zullo Investment Group Inc. now owns 6,340 shares of the financial services provider’s stock valued at $532,000 after acquiring an additional 122 shares during the period. Embree Financial Group raised its stake in shares of Wells Fargo & Company by 3.9% in the third quarter. Embree Financial Group now owns 3,330 shares of the financial services provider’s stock valued at $279,000 after acquiring an additional 126 shares during the period. Trust Co. of Vermont lifted its holdings in shares of Wells Fargo & Company by 1.1% in the 3rd quarter. Trust Co. of Vermont now owns 12,098 shares of the financial services provider’s stock worth $1,014,000 after acquiring an additional 126 shares during the last quarter. Finally, Traphagen Investment Advisors LLC boosted its stake in shares of Wells Fargo & Company by 2.0% during the 3rd quarter. Traphagen Investment Advisors LLC now owns 6,346 shares of the financial services provider’s stock worth $532,000 after purchasing an additional 127 shares during the period. 75.90% of the stock is owned by institutional investors.

Wells Fargo & Company Price Performance

WFC opened at $88.71 on Wednesday. The firm has a market capitalization of $278.47 billion, a PE ratio of 14.15, a price-to-earnings-growth ratio of 0.96 and a beta of 1.09. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.90 and a quick ratio of 0.84. The business’s 50-day moving average is $90.52 and its two-hundred day moving average is $85.10. Wells Fargo & Company has a 1 year low of $58.42 and a 1 year high of $97.76.

Wells Fargo & Company (NYSE:WFC) last released its quarterly earnings results on Wednesday, January 14th. The financial services provider reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.66 by $0.10. Wells Fargo & Company had a net margin of 17.27% and a return on equity of 12.90%. The business had revenue of $11.97 billion for the quarter, compared to analyst estimates of $21.63 billion. During the same period in the previous year, the company earned $1.43 earnings per share. The business’s revenue for the quarter was up 4.5% on a year-over-year basis. Research analysts anticipate that Wells Fargo & Company will post 5.89 earnings per share for the current fiscal 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 given a $0.45 dividend. The ex-dividend date is Friday, February 6th. This represents a $1.80 dividend on an annualized basis and a yield of 2.0%. Wells Fargo & Company’s dividend payout ratio is currently 28.71%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on WFC shares. TD Cowen dropped their target price on 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. HSBC reaffirmed a “hold” rating and issued a $74.00 price objective on shares of Wells Fargo & Company in a research report on Wednesday, January 7th. Truist Financial decreased their target price on Wells Fargo & Company from $104.00 to $100.00 and set a “buy” rating for the company in a research report on Thursday, January 15th. Weiss Ratings restated a “buy (b)” rating on shares of Wells Fargo & Company in a report on Wednesday, January 21st. Finally, UBS Group decreased their price objective on shares of Wells Fargo & Company from $95.00 to $93.00 and set a “buy” rating for the company in a report on Tuesday, October 7th. Thirteen investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Wells Fargo & Company has a consensus rating of “Moderate Buy” and an average target price of $94.87.

Key Headlines Impacting Wells Fargo & Company

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

• Positive Sentiment: Board approved a $0.45 quarterly common dividend (annualized yield ~2.0%), payable March 1 to holders of record Feb. 6 — supports income investors and signals confidence in capital. Wells Fargo Announces Common Stock Dividend
• Positive Sentiment: Wells Fargo hired former AWS exec Faraz Shafiq as Head of AI Products & Solutions (effective Feb. 9), accelerating the bank’s AI product roadmap and execution — a strategic move investors favor for revenue/efficiency upside. Wells Fargo Hires AWS Exec for AI Push
• Positive Sentiment: Wells Fargo joined a corporate consortium (EMBERPOINT) with Lockheed Martin, PG&E and Salesforce to back AI/tech for wildfire prevention — enhances ESG profile and showcases tech partnerships that can lead to new services or client relationships. EMBERPOINT Launch
• Positive Sentiment: Short interest declined ~12.3% in January to ~33.66M shares (short interest ratio ~2.0 days), reducing one bearish pressure on the stock and removing some downside risk from forced covering dynamics.
• Neutral Sentiment: Coverage notes: analysts remain “moderately optimistic” per a roundup; some firms maintain Hold/Equal Weight ratings and modest price-target tweaks — mixed analyst tone can limit large moves. Are Analysts Predicting WFC Will Climb or Sink?
• Neutral Sentiment: Market/industry context: broader bank investments in AI and Wells Fargo’s published research/actions (comments on other coverage and sector themes) make tech adoption a multi-firm trend that benefits WFC but isn’t unique. How Banks Use AI
• Negative Sentiment: Recent fundamentals remain mixed: Q4 EPS beat but total revenue missed consensus, and some analysts trimmed price targets or maintained Holds — this keeps upside capped unless revenue growth reaccelerates.

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.