Wells Fargo & Company (NYSE: WFC) has recently received a number of price target changes and ratings updates:
- 3/26/2026 – Wells Fargo & Company is now covered by Jefferies Financial Group Inc.. They set a “buy” rating and a $100.00 price target on the stock.
- 3/23/2026 – Wells Fargo & Company had its price target lowered by The Goldman Sachs Group, Inc. from $109.00 to $93.00. They now have a “buy” rating on the stock.
- 3/17/2026 – Wells Fargo & Company had its price target lowered by Truist Financial Corporation from $98.00 to $94.00. They now have a “buy” rating on the stock.
- 3/6/2026 – Wells Fargo & Company had its “outperform” rating reaffirmed by Evercore Inc.
- 2/13/2026 – Wells Fargo & Company was upgraded by Robert W. Baird from “underperform” to “neutral”. They now have a $85.00 price target on the stock.
- 2/9/2026 – Wells Fargo & Company had its price target raised by JPMorgan Chase & Co. from $99.00 to $99.50. They now have a “neutral” rating on the stock.
- 2/4/2026 – Wells Fargo & Company had its “buy” rating reaffirmed by UBS Group AG. They now have a $113.00 price target on the stock.
Wells Fargo & Company Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Sunday, March 1st. Shareholders of record on Friday, February 6th were paid a $0.45 dividend. The ex-dividend date was Friday, February 6th. This represents a $1.80 annualized dividend and a yield of 2.3%. Wells Fargo & Company’s dividend payout ratio (DPR) is currently 28.71%.
Insider Buying and Selling at Wells Fargo & Company
In other news, EVP Bridget E. Engle sold 30,000 shares of the company’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $87.10, for a total value of $2,613,000.00. Following the transaction, the executive vice president owned 83,478 shares of the company’s stock, valued at approximately $7,270,933.80. This represents a 26.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Ellen R. Patterson sold 60,000 shares of the company’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $87.40, for a total value of $5,244,000.00. Following the completion of the transaction, the executive vice president owned 169,496 shares in the company, valued at $14,813,950.40. This represents a 26.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 115,000 shares of company stock valued at $10,050,000 in the last quarter. 0.08% of the stock is currently owned by corporate insiders.
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.
Further Reading
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