Bluebird Wealth Management LLC Acquires Shares of 27,484 Wells Fargo & Company $WFC

Bluebird Wealth Management LLC acquired a new stake in shares of Wells Fargo & Company (NYSE:WFC) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 27,484 shares of the financial services provider's stock, valued at approximately $2,561,000. Wells Fargo & Company makes up about 2.4% of Bluebird Wealth Management LLC's portfolio, making the stock its 12th biggest position.

Other large investors have also bought and sold shares of the company. Diversified Trust Co. raised its holdings in Wells Fargo & Company by 59.7% in the 4th quarter. Diversified Trust Co. now owns 35,285 shares of the financial services provider's stock worth $3,289,000 after acquiring an additional 13,196 shares during the last quarter. Mawer Investment Management Ltd. purchased a new position in Wells Fargo & Company in the 3rd quarter worth approximately $147,165,000. Guerra Advisors Inc raised its holdings in Wells Fargo & Company by 43.2% in the 3rd quarter. Guerra Advisors Inc now owns 38,439 shares of the financial services provider's stock worth $3,222,000 after acquiring an additional 11,594 shares during the last quarter. AlphaQuest LLC raised its holdings in Wells Fargo & Company by 1,121.0% in the 3rd quarter. AlphaQuest LLC now owns 24,079 shares of the financial services provider's stock worth $2,018,000 after acquiring an additional 22,107 shares during the last quarter. Finally, UMB Bank n.a. raised its holdings in Wells Fargo & Company by 52.7% in the 3rd quarter. UMB Bank n.a. now owns 138,862 shares of the financial services provider's stock worth $11,639,000 after acquiring an additional 47,946 shares during the last quarter. 75.90% of the stock is owned by institutional investors.

Insider Activity

In other news, EVP Kleber Santos sold 25,000 shares of the business's stock in a transaction 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 of the company's stock, valued at $7,006,722.72. The trade was a 23.84% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Bridget E. Engle sold 30,000 shares of the business's stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $87.10, for a total transaction of $2,613,000.00. Following the sale, the executive vice president directly owned 83,478 shares of the company's stock, valued at approximately $7,270,933.80. The trade was a 26.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 115,000 shares of company stock valued at $10,050,000 in the last 90 days. Company 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: Wells Fargo Advisors recruited multiple advisor teams representing more than $9 billion in client assets in under a week — a clear win for AUM and fee-income growth if retention and client migration remain strong. Read More.
• Positive Sentiment: The AGT Private Wealth Group — a $1.6 billion UBS team — joined Wells Fargo Advisors in Frisco, Texas, adding scale in a key market and reinforcing the recent recruiting momentum. Read More.
• Neutral Sentiment: Zacks and other outlets note rising investor attention on WFC, highlighting analyst coverage and interest but not changing earnings estimates materially — useful for sentiment but not an earnings surprise. Read More.
• Neutral Sentiment: Wells Fargo strategists flagged the first market “sell signal” since 2021, urging caution on factors that had driven markets higher — a macro cautionary note that could weigh on bank multiples if risk-off sentiment spreads. Read More.
• Neutral Sentiment: Macro headlines (e.g., U.K. political/energy risks and disappointing results at peers like HSBC) are elevating bond yields and regional bank risk perceptions — an indirect headwind for bank stocks generally. Read More. • Read More.
• Negative Sentiment: Company insiders sold roughly US$10 million of WFC stock over the past year, a signal some investors interpret as management or insider concern about near-term upside. Read More.

Wells Fargo & Company Price Performance

Shares of WFC opened at $80.39 on Thursday. The firm has a market cap of $246.01 billion, a PE ratio of 12.41, a P/E/G ratio of 0.94 and a beta of 0.96. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 1.12. The firm has a fifty day simple moving average of $80.58 and a two-hundred day simple moving average of $86.14. Wells Fargo & Company has a 1-year low of $71.89 and a 1-year high of $97.76.

Wells Fargo & Company (NYSE:WFC - Get Free Report) last announced its earnings results on Tuesday, April 14th. The financial services provider reported $1.60 earnings per share for the quarter, beating analysts' consensus estimates of $1.58 by $0.02. Wells Fargo & Company had a net margin of 17.26% and a return on equity of 13.27%. The business had revenue of $11.62 billion during the quarter, compared to analyst estimates of $21.85 billion. During the same period in the previous year, the business earned $1.39 EPS. The company's quarterly revenue was up 6.4% compared to the same quarter last year. On average, equities analysts anticipate that Wells Fargo & Company will post 6.82 EPS for the current year.

Wells Fargo & Company Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Friday, May 8th will be given a dividend of $0.45 per share. The ex-dividend date of this dividend is Friday, May 8th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.2%. Wells Fargo & Company's payout ratio is presently 27.78%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. TD Cowen decreased their price objective on shares of Wells Fargo & Company from $102.00 to $100.00 and set a "hold" rating for the company in a report on Thursday, January 15th. Morgan Stanley decreased their price objective on shares of Wells Fargo & Company from $108.00 to $100.00 and set an "equal weight" rating for the company in a report on Tuesday, March 31st. Robert W. Baird upgraded shares of Wells Fargo & Company from an "underperform" rating to a "neutral" rating and set a $85.00 target price for the company in a research note on Friday, February 13th. KGI Securities lowered shares of Wells Fargo & Company to a "hold" rating in a research note on Thursday, April 16th. Finally, Piper Sandler reiterated an "overweight" rating and set a $94.00 target price (down from $100.00) on shares of Wells Fargo & Company in a research note on Wednesday, April 15th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $97.53.

About Wells Fargo & Company

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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