Wells Fargo & Company (NYSE:WFC) Shares Purchased by Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Wells Fargo & Company (NYSE:WFC). In a filing disclosed on November 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in Wells Fargo & Company stock on October 20th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of BridgeBio Pharma NASDAQ: BBIO on 11/2/2026.
• Purchased $1,001 - $15,000 in shares of argenex NASDAQ: ARGX on 10/27/2026.
• Sold $1,001 - $15,000 in shares of Illumina NASDAQ: ILMN on 10/27/2026.
• Sold $1,001 - $15,000 in shares of Revvity NYSE: RVTY on 10/27/2026.
• Sold $15,001 - $50,000 in shares of PTC NASDAQ: PTC on 10/27/2026.
• Purchased $1,001 - $15,000 in shares of BridgeBio Pharma NASDAQ: BBIO on 10/27/2026.
• Purchased $1,001 - $15,000 in shares of MACOM Technology Solutions NASDAQ: MTSI on 10/27/2026.
• Sold $1,001 - $15,000 in shares of Micron Solutions OTCMKTS: MICR on 10/21/2026.
• Sold $1,001 - $15,000 in shares of Ciena NYSE: CIEN on 10/21/2026.
• Purchased $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 10/21/2026.

Wells Fargo & Company Stock Performance

Shares of WFC opened at $85.73 on Thursday. The firm has a market cap of $257.36 billion, a PE ratio of 12.09, a PEG ratio of 0.92 and a beta of 0.93. The stock's fifty day moving average price is $84.35 and its two-hundred day moving average price is $83.58. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.89 and a quick ratio of 0.89. Wells Fargo & Company has a 1 year low of $72.78 and a 1 year high of $97.76.

Wells Fargo & Company (NYSE:WFC - Get Free Report) last issued its quarterly earnings results on Tuesday, October 13th. The financial services provider reported $1.87 EPS for the quarter, beating analysts' consensus estimates of $1.85 by $0.02. Wells Fargo & Company had a return on equity of 14.05% and a net margin of 17.64%. The firm had revenue of $21.87 billion for the quarter, compared to analysts' expectations of $22.30 billion. During the same quarter in the prior year, the firm earned $1.66 EPS. The business's revenue for the quarter was up 2.0% compared to the same quarter last year. On average, equities research analysts forecast that Wells Fargo & Company will post 7.27 EPS for the current year.

Wells Fargo & Company Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Friday, November 6th will be given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Friday, November 6th. Wells Fargo & Company's dividend payout ratio (DPR) is currently 28.21%.

Institutional Trading of Wells Fargo & Company

Hedge funds have recently added to or reduced their stakes in the business. Capstone Financial Advisors Inc. boosted its holdings in Wells Fargo & Company by 3.5% during the 2nd quarter. Capstone Financial Advisors Inc. now owns 3,354 shares of the financial services provider's stock valued at $277,000 after acquiring an additional 113 shares during the period. MFA Wealth Services increased its stake in Wells Fargo & Company by 0.7% in the 2nd quarter. MFA Wealth Services now owns 16,712 shares of the financial services provider's stock worth $1,381,000 after purchasing an additional 115 shares during the period. Hidden Cove Wealth Management LLC increased its stake in Wells Fargo & Company by 1.8% in the 2nd quarter. Hidden Cove Wealth Management LLC now owns 6,846 shares of the financial services provider's stock worth $566,000 after purchasing an additional 124 shares during the period. Five Oceans Advisors increased its stake in Wells Fargo & Company by 3.6% in the 2nd quarter. Five Oceans Advisors now owns 3,625 shares of the financial services provider's stock worth $300,000 after purchasing an additional 125 shares during the period. Finally, Pines Wealth Management LLC lifted its position in Wells Fargo & Company by 1.5% in the second quarter. Pines Wealth Management LLC now owns 8,650 shares of the financial services provider's stock valued at $715,000 after purchasing an additional 126 shares during the last quarter. 75.90% of the stock is owned by institutional investors.

Recent Wells Fargo & Company Headlines

Here are a few of the latest headlines about WFC:

• Positive Sentiment: Wells Fargo introduced “AI Teammate,” an AI assistant for wealth advisors that helps with client questions, planning and routine work. The tool has reportedly already handled hundreds of thousands of interactions, with some tasks reduced from hours to minutes—an indication of potential productivity gains and improved advisor support. Wells Fargo (WFC) Debuts AI Teammate For Wealth Advisors
• Positive Sentiment: Wells Fargo led New York City commercial mortgage lenders with $5.6 billion in lending, nearly $2 billion more than JPMorgan. That scale may support its commercial-banking presence, though the report does not provide details on loan profitability or risk. Wells Fargo Tops NYC Commercial Lenders With $5.6B
• Neutral Sentiment: Analyst consensus data cited a $97.50 target price for WFC, but the report did not provide further context on estimates or recent target changes. Wells Fargo & Company Stock Has Consensus Target Price of $97.50

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on WFC shares. Keefe, Bruyette & Woods lowered their price target on shares of Wells Fargo & Company from $94.00 to $90.00 and set a "market perform" rating on the stock in a research report on Wednesday, October 14th. Bank of America cut their price objective on shares of Wells Fargo & Company from $102.00 to $100.00 in a report on Monday, October 5th. TD Cowen began coverage on shares of Wells Fargo & Company in a report on Thursday, October 8th. They issued a "buy" rating and a $95.00 price objective for the company. The Goldman Sachs Group set a $94.00 price objective on shares of Wells Fargo & Company in a research note on Tuesday, October 13th. Finally, Daiwa Securities Group lowered their target price on shares of Wells Fargo & Company from $100.00 to $93.00 and set an "outperform" rating on the stock in a report on Thursday, October 8th. Seventeen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $97.50.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Wells Fargo & Company Company Profile

Wells Fargo & Company is a diversified financial services company offering banking, lending, investment, and wealth management services. Its products include checking and savings accounts, credit cards, mortgages, auto loans, commercial financing, investment services, and financial advice. The company serves consumers, businesses, and institutions, primarily in the United States. Its operations include consumer and small business banking, commercial banking, and corporate and investment banking, as well as wealth and investment management.

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