ABN Amro Investment Solutions Has $17.39 Million Position in Wells Fargo & Company $WFC

ABN Amro Investment Solutions grew its stake in Wells Fargo & Company (NYSE:WFC - Free Report) by 11.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 210,494 shares of the financial services provider's stock after purchasing an additional 21,324 shares during the quarter. ABN Amro Investment Solutions' holdings in Wells Fargo & Company were worth $17,395,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Apollon Wealth Management LLC lifted its holdings in shares of Wells Fargo & Company by 2.3% during the second quarter. Apollon Wealth Management LLC now owns 77,561 shares of the financial services provider's stock worth $6,410,000 after buying an additional 1,715 shares in the last quarter. Louisbourg Investments Inc. grew its stake in shares of Wells Fargo & Company by 0.8% in the second quarter. Louisbourg Investments Inc. now owns 32,092 shares of the financial services provider's stock valued at $2,652,000 after acquiring an additional 249 shares in the last quarter. Meridian Investment Counsel Inc. grew its position in shares of Wells Fargo & Company by 0.8% during the 2nd quarter. Meridian Investment Counsel Inc. now owns 24,368 shares of the financial services provider's stock worth $2,014,000 after purchasing an additional 185 shares in the last quarter. Oakworth Capital Inc. raised its position in shares of Wells Fargo & Company by 22.8% in the second quarter. Oakworth Capital Inc. now owns 4,169 shares of the financial services provider's stock valued at $347,000 after buying an additional 773 shares in the last quarter. Finally, Confluence Wealth Services Inc. boosted its stake in shares of Wells Fargo & Company by 37.8% in the second quarter. Confluence Wealth Services Inc. now owns 9,116 shares of the financial services provider's stock valued at $753,000 after buying an additional 2,502 shares during the period. 75.90% of the stock is owned by institutional investors.

Key Headlines Impacting Wells Fargo & Company

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

• Positive Sentiment: Wells Fargo’s focus on reaching a $50 billion 2026 net interest income target remains a potential catalyst. Accelerating balance-sheet growth could support revenue and earnings if loan growth and margins develop as anticipated. Wells Fargo's NII Outlook: Can It Achieve the $50B Target in 2026?
• Positive Sentiment: Wells Fargo’s analysts continue to identify substantial upside in selected non-mega-cap technology stocks, highlighting the breadth of the firm’s research and investment-banking franchise, although this does not directly change WFC’s earnings outlook. Wells Fargo Sees Up to 52% Upside in 2 Stocks
• Neutral Sentiment: Wells Fargo raised its outlook for U.S. homebuilder sentiment modestly, with the NAHB/Wells Fargo Housing Market Index increasing to 35 from 34. However, elevated construction and borrowing costs continue to restrain housing activity, limiting the immediate benefit to the bank’s mortgage and housing businesses. U.S. Homebuilder Confidence Unexpectedly Improves Modestly In August
• Neutral Sentiment: The bank committed $1.5 million to Habitat for Humanity for affordable rural housing initiatives. The investment supports Wells Fargo’s community-reinvestment profile but is too small to materially affect financial results. Wells Fargo invests $1.5 million with Habitat for Humanity
• Negative Sentiment: Wells Fargo now expects the Federal Reserve to keep rates at 3.50%–3.75% through 2026 and potentially delay rate cuts until 2027 because inflation pressures remain elevated. Higher rates may support near-term interest income, but the forecast also raises concerns about slower loan demand, weaker housing activity and credit quality. Wells Fargo Projects Fed Will Keep Interest Rates Steady Until 2027
• Negative Sentiment: Wells Fargo lowered its gold-price forecast for the remainder of 2026. The change is primarily a commodities-market call rather than a direct revision to WFC’s earnings, but it may reinforce investor concerns about the bank’s shifting macroeconomic assumptions. Wells Fargo revamps gold price target for the rest of 2026

Analyst Upgrades and Downgrades

Several brokerages have weighed in on WFC. Bank of America lifted their price objective on Wells Fargo & Company from $95.00 to $102.00 and gave the company a "buy" rating in a report on Tuesday, July 7th. JPMorgan Chase & Co. increased their target price on Wells Fargo & Company from $93.50 to $95.50 and gave the stock a "neutral" rating in a report on Wednesday, July 29th. Robert W. Baird raised their price target on Wells Fargo & Company from $85.00 to $92.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 15th. Truist Financial increased their price target on shares of Wells Fargo & Company from $90.00 to $94.00 and gave the stock a "buy" rating in a research report on Friday, June 26th. Finally, Weiss Ratings reissued a "buy (b)" rating on shares of Wells Fargo & Company in a research note on Friday, July 17th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have assigned a Hold rating to the company's stock. According to data from MarketBeat, Wells Fargo & Company presently has an average rating of "Moderate Buy" and an average target price of $98.61.

Wells Fargo & Company Stock Performance

NYSE:WFC opened at $87.42 on Wednesday. The stock's 50-day moving average is $85.97 and its 200-day moving average is $83.05. Wells Fargo & Company has a 1-year low of $72.78 and a 1-year high of $97.76. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 1.09. The stock has a market cap of $264.36 billion, a P/E ratio of 12.71, a price-to-earnings-growth ratio of 0.97 and a beta of 0.92.

Wells Fargo & Company (NYSE:WFC - Get Free Report) last issued its quarterly earnings data on Tuesday, July 14th. The financial services provider reported $1.96 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.73 by $0.23. The business had revenue of $22.62 billion during the quarter, compared to analyst estimates of $21.86 billion. Wells Fargo & Company had a net margin of 17.55% and a return on equity of 13.85%. The firm's quarterly revenue was up 8.6% on a year-over-year basis. During the same quarter last year, the business earned $1.60 EPS. Equities research analysts anticipate that Wells Fargo & Company will post 7.26 earnings per share for the current year.

Wells Fargo & Company Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 7th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.3%. This is a positive change from Wells Fargo & Company's previous quarterly dividend of $0.45. The ex-dividend date is Friday, August 7th. Wells Fargo & Company's dividend payout ratio is 29.07%.

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.

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