Bell & Brown Wealth Advisors LLC Has $6.36 Million Holdings in Wells Fargo & Company $WFC

Key Points

• Bell & Brown Wealth Advisors LLC reduced its stake in Wells Fargo by 24.9% to 68,274 shares, worth $6.36 million, representing about 2.1% of the firm's portfolio and its 16th-largest holding.
• Wells Fargo beat Q earnings estimates with EPS of $1.60 (vs. $1.58), reported revenue of $11.62 billion (up 6.4% year-over-year), and announced a quarterly dividend of $0.45 per share (annualized $1.80, ~2.2% yield) payable June 1 (ex-dividend May 8).
• Corporate insiders sold 115,000 shares worth roughly $10.05 million in the last quarter, even as institutional investors continue to own about 75.9% of the stock.

Bell & Brown Wealth Advisors LLC decreased its stake in Wells Fargo & Company (NYSE:WFC) by 24.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 68,274 shares of the financial services provider's stock after selling 22,640 shares during the quarter. Wells Fargo & Company accounts for about 2.1% of Bell & Brown Wealth Advisors LLC's portfolio, making the stock its 16th largest position. Bell & Brown Wealth Advisors LLC's holdings in Wells Fargo & Company were worth $6,363,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in WFC. Redmont Wealth Advisors LLC acquired a new stake in shares of Wells Fargo & Company in the 3rd quarter valued at approximately $27,000. Marquette Asset Management LLC grew its holdings in Wells Fargo & Company by 472.4% during the third quarter. Marquette Asset Management LLC now owns 332 shares of the financial services provider's stock valued at $28,000 after purchasing an additional 274 shares during the period. Joseph Group Capital Management acquired a new position in Wells Fargo & Company during the fourth quarter valued at approximately $28,000. Grey Fox Wealth Advisors LLC bought a new stake in Wells Fargo & Company in the third quarter valued at approximately $30,000. Finally, Imprint Wealth LLC bought a new stake in Wells Fargo & Company in the third quarter valued at approximately $31,000. Institutional investors own 75.90% of the company's stock.

Wells Fargo & Company Price Performance

Shares of NYSE WFC opened at $81.46 on Thursday. The company has a fifty day moving average price of $80.95 and a 200 day moving average price of $86.17. The firm has a market cap of $251.35 billion, a PE ratio of 12.57, a PEG ratio of 0.95 and a beta of 1.06. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 1.12. Wells Fargo & Company has a 1-year low of $69.33 and a 1-year high of $97.76.

Wells Fargo & Company (NYSE:WFC - Get Free Report) last released its quarterly earnings results on Tuesday, April 14th. The financial services provider reported $1.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.58 by $0.02. The firm had revenue of $11.62 billion for the quarter, compared to the consensus estimate of $21.85 billion. Wells Fargo & Company had a return on equity of 13.27% and a net margin of 17.26%.The company's revenue for the quarter was up 6.4% on a year-over-year basis. During the same quarter last year, the business posted $1.39 EPS. Research analysts predict that Wells Fargo & Company will post 6.82 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 Monday, June 1st. Investors of record on Friday, May 8th will be given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Friday, May 8th. Wells Fargo & Company's dividend payout ratio (DPR) is currently 27.78%.

Insider Buying and Selling at Wells Fargo & Company

In other news, EVP Ellen R. Patterson sold 60,000 shares of the firm's stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $87.40, for a total transaction of $5,244,000.00. Following the completion of the transaction, the executive vice president directly owned 169,496 shares of the company's stock, valued at $14,813,950.40. This trade represents a 26.14% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Kleber Santos sold 25,000 shares of Wells Fargo & Company stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $87.72, for a total transaction of $2,193,000.00. Following the completion of the sale, the executive vice president owned 79,876 shares in the company, valued at $7,006,722.72. This trade represents a 23.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 115,000 shares of company stock worth $10,050,000. Corporate insiders own 0.14% of the company's stock.

Key Stories Impacting Wells Fargo & Company

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

• Positive Sentiment: Board approved a quarterly common stock dividend of $0.45 per share (annualized yield ~2.2%), payable June 1 to holders of record May 8 — supports income investors and signals capital return confidence. Wells Fargo Announces Common Stock Dividend
• Positive Sentiment: Regulatory cap removal is enabling Wells Fargo to expand its Wall Street trading business — management is now investing in trading capabilities, which could boost fee revenue and diversify earnings over time. Wells Fargo's Long-Anticipated Wall Street Expansion Is Here
• Positive Sentiment: Several bullish analyst notes and a relatively high consensus price target leave implied upside (Street avg. target ~ $96.65), providing an analyst-driven rationale for buy-side interest. Wall Street Sees Big Upside for Wells Fargo
• Neutral Sentiment: Wells Fargo added Cathay Pacific as a rewards points transfer partner — minor product/consumer benefit that modestly improves card program competitiveness but unlikely to move near-term revenue materially. Wells Fargo Adds Cathay Pacific as New Rewards Points Transfer Partner
• Neutral Sentiment: Wells Fargo research activity is visible in the market — its analysts raised Arm Holdings' price target to $220, showing the franchise’s research influence (indirectly supportive of trading/research revenue). Arm Holdings Stock Is Moving Higher Today: What's Going On?
• Negative Sentiment: Wells Fargo’s own card-spending data shows "spending fatigue" — daily credit/debit usage (ex-gas) has flattened year‑over‑year, signaling softer consumer activity that could pressure fee income and loan performance. 'Spending Fatigue' Appears in Debit, Credit Card Data
• Negative Sentiment: Analyst checks and valuation pieces flag near-term net interest income (NII) and revenue headwinds after softer quarterly NII and some price-target trims — these concerns are the main reason for downward pressure on WFC shares today. Wells Fargo (WFC) Valuation Check As Card Spending Softens And Net Interest Income Concerns Grow

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the stock. Keefe, Bruyette & Woods reduced their price target on shares of Wells Fargo & Company from $101.00 to $98.00 and set a "market perform" rating on the stock in a research report on Wednesday, April 15th. Wall Street Zen cut shares of Wells Fargo & Company from a "hold" rating to a "sell" rating in a research report on Saturday, April 25th. Evercore reaffirmed an "outperform" rating on shares of Wells Fargo & Company in a research note on Friday, March 6th. Jefferies Financial Group assumed coverage on Wells Fargo & Company in a report on Thursday, March 26th. They set a "buy" rating and a $100.00 target price on the stock. Finally, Barclays decreased their target price on Wells Fargo & Company from $113.00 to $108.00 and set an "overweight" rating for the company in a research note on Wednesday, April 15th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, Wells Fargo & Company currently has an average rating of "Moderate Buy" and a consensus target price of $97.75.

Wells Fargo & 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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