Caisse Des Depots ET Consignations Buys 12,755 Shares of Wells Fargo & Company $WFC

Caisse Des Depots ET Consignations raised its stake in Wells Fargo & Company (NYSE:WFC) by 26.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 61,110 shares of the financial services provider's stock after purchasing an additional 12,755 shares during the period. Caisse Des Depots ET Consignations' holdings in Wells Fargo & Company were worth $5,695,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of WFC. Redmont Wealth Advisors LLC bought a new stake in Wells Fargo & Company in the 3rd quarter valued at $27,000. Marquette Asset Management LLC boosted its holdings in Wells Fargo & Company by 472.4% in the 3rd 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 bought a new position in shares of Wells Fargo & Company during the 4th quarter worth about $28,000. Grey Fox Wealth Advisors LLC bought a new position in shares of Wells Fargo & Company during the 3rd quarter worth about $30,000. Finally, Imprint Wealth LLC bought a new position in shares of Wells Fargo & Company during the 3rd quarter worth about $31,000. 75.90% of the stock is owned by institutional investors.

Wells Fargo & Company Trading Down 1.6%

Shares of WFC stock opened at $80.90 on Friday. Wells Fargo & Company has a 12-month low of $71.89 and a 12-month high of $97.76. The company has a market capitalization of $247.56 billion, a P/E ratio of 12.48, a P/E/G ratio of 0.97 and a beta of 0.96. The firm has a 50-day moving average price of $80.85 and a 200 day moving average price of $86.14. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 1.12.

Wells Fargo & Company (NYSE:WFC - Get Free Report) last announced 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 during the quarter, compared to the consensus estimate of $21.85 billion. Wells Fargo & Company had a net margin of 17.26% and a return on equity of 13.27%. The firm's quarterly revenue was up 6.4% on a year-over-year basis. During the same period last year, the firm posted $1.39 EPS. Research analysts forecast that Wells Fargo & Company will post 6.82 earnings per share for the current fiscal year.

Wells Fargo & Company Dividend Announcement

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

Analysts Set New Price Targets

A number of equities analysts have recently commented on WFC shares. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Wells Fargo & Company in a report on Monday, April 20th. The Goldman Sachs Group reduced their price objective on shares of Wells Fargo & Company from $109.00 to $93.00 and set a "buy" rating for the company in a report on Monday, March 23rd. KGI Securities downgraded shares of Wells Fargo & Company to a "hold" rating in a report on Thursday, April 16th. HSBC raised shares of Wells Fargo & Company from a "hold" rating to a "buy" rating and set a $94.00 price objective for the company in a report on Wednesday, April 1st. Finally, UBS Group reaffirmed a "buy" rating and set a $113.00 price objective on shares of Wells Fargo & Company in a report on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $97.53.

Insider Buying and Selling at Wells Fargo & Company

In other Wells Fargo & Company news, EVP Ellen R. Patterson sold 60,000 shares of the firm's stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $87.40, for a total value of $5,244,000.00. Following the completion of the sale, the executive vice president owned 169,496 shares in the company, valued at approximately $14,813,950.40. This trade represents a 26.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Bridget E. Engle sold 30,000 shares of the firm's stock in a transaction dated 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 completion of the sale, the executive vice president owned 83,478 shares of the company's stock, valued at $7,270,933.80. The trade was a 26.44% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 115,000 shares of company stock worth $10,050,000. 0.14% of the stock is currently owned by corporate insiders.

Wells Fargo & Company News Summary

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

• Positive Sentiment: Shareholders approved the board slate, executive pay and the auditor at the April 28 annual meeting, reducing governance uncertainty that has weighed on WFC in prior years. Wells Fargo Shareholders Back Board, Pay and Auditor
• Positive Sentiment: Wells Fargo is partnering with Mastercard to improve B2B card payments — a strategic product initiative that could help grow fee income and commercial card penetration over time. Mastercard and Wells Fargo Target the Friction Slowing B2B Cards
• Neutral Sentiment: Wells Fargo analysts remain active on other names (e.g., reiterating a Buy on Hinge Health), a sign the bank’s research franchise is operating normally but with limited direct impact on WFC’s share price. Analyst Reiterates Buy on Hinge Health
• Neutral Sentiment: Wells Fargo’s research has influenced other coverage (for example, an upgrade at OGE noted Wells Fargo’s inputs) — informative for reputation but not a direct stock driver for WFC. OGE Stock Raised To $47 As Analysts See New Momentum Building
• Negative Sentiment: JPMorgan cut its price target on WFC from $91 to $86.50 and moved to a "neutral" rating — an analyst downgrade/call that can pressure the stock by reducing upside expectations and prompting some investors to trim positions. JPMorgan Lowers Price Target on Wells Fargo
• Negative Sentiment: Media narratives question whether large banks will lose ground to fintech — a thematic risk that can weigh on valuation multiples for incumbents like WFC if investors rotate into fintech growth stories. Should You Forget Big Banks and Bet on Fintech Instead?
• Negative Sentiment: Ongoing concerns about banks’ exposure to private credit are front‑and‑center; any material exposure or stress in that sector could create credit‑loss risk for WFC and keep sentiment muted. Here's How Much Exposure JPMorgan Chase, Bank of America, Wells Fargo, and Citigroup Have to Private Credit
• Negative Sentiment: WFC’s CEO offered a blunt take on the U.S. economy in recent comments, which may reinforce cautious investor views on loan growth and credit quality if macro concerns persist. Wells Fargo CEO puts blunt label on U.S. economy

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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