Campbell Newman Asset Management Inc. Invests $31.43 Million in Wells Fargo & Company $WFC

Key Points

• Campbell Newman Asset Management bought a new position of 337,184 shares of Wells Fargo worth about $31.43 million, representing roughly 2.3% of the firm's holdings and its 18th largest holding.
• Q1 results showed EPS of $1.60 (beat by $0.02) but a revenue and net interest income miss, with management warning margin pressure could persist into Q2 — a catalyst for recent analyst price cuts and the stock selloff.
• Ownership and insider activity: institutional investors hold about 75.9% of WFC with several large funds adding to positions, while insiders have sold 115,000 shares (~$10.05M) in the past three months; the stock yields 2.2% annually.

Campbell Newman Asset Management Inc. purchased a new position in shares of Wells Fargo & Company (NYSE:WFC - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 337,184 shares of the financial services provider's stock, valued at approximately $31,426,000. Wells Fargo & Company makes up approximately 2.3% of Campbell Newman Asset Management Inc.'s holdings, making the stock its 18th biggest holding.

A number of other hedge funds have also made changes to their positions in the stock. Capital Research Global Investors grew its position in shares of Wells Fargo & Company by 18.6% during the third quarter. Capital Research Global Investors now owns 35,660,903 shares of the financial services provider's stock worth $2,989,104,000 after buying an additional 5,584,930 shares in the last quarter. Legal & General Group Plc grew its position in shares of Wells Fargo & Company by 1.9% during the third quarter. Legal & General Group Plc now owns 21,009,237 shares of the financial services provider's stock worth $1,760,994,000 after buying an additional 399,088 shares in the last quarter. Massachusetts Financial Services Co. MA grew its position in shares of Wells Fargo & Company by 7.4% during the third quarter. Massachusetts Financial Services Co. MA now owns 17,859,680 shares of the financial services provider's stock worth $1,496,998,000 after buying an additional 1,223,999 shares in the last quarter. Boston Partners grew its position in shares of Wells Fargo & Company by 1.9% during the third quarter. Boston Partners now owns 9,128,470 shares of the financial services provider's stock worth $763,675,000 after buying an additional 174,350 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. grew its position in shares of Wells Fargo & Company by 2.2% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 7,673,807 shares of the financial services provider's stock worth $643,219,000 after buying an additional 165,240 shares in the last quarter. Institutional investors and hedge funds own 75.90% of the company's stock.

Wells Fargo & Company Stock Performance

Shares of WFC opened at $81.27 on Friday. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.90 and a quick ratio of 0.90. The stock has a market capitalization of $250.75 billion, a PE ratio of 12.54, a price-to-earnings-growth ratio of 0.90 and a beta of 1.06. Wells Fargo & Company has a 12-month low of $63.40 and a 12-month high of $97.76. The business's fifty day moving average price is $82.49 and its 200 day moving average price is $86.13.

Wells Fargo & Company (NYSE:WFC - Get Free Report) last posted its earnings results on Tuesday, April 14th. The financial services provider reported $1.60 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.58 by $0.02. The company had revenue of $21.45 billion for the quarter, compared to analysts' expectations of $21.85 billion. Wells Fargo & Company had a return on equity of 13.27% and a net margin of 17.26%.The firm's quarterly revenue was up 6.4% compared to the same quarter last year. During the same period last year, the business posted $1.39 earnings per share. Equities research analysts forecast that Wells Fargo & Company will post 5.89 EPS for the current year.

Wells Fargo & Company Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Sunday, March 1st. Shareholders of record on Friday, February 6th were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date was Friday, February 6th. Wells Fargo & Company's dividend payout ratio (DPR) is presently 27.78%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Freedom Capital cut Wells Fargo & Company from a "strong-buy" rating to a "hold" rating in a research note on Thursday, January 15th. Keefe, Bruyette & Woods reduced their price objective on Wells Fargo & Company from $101.00 to $98.00 and set a "market perform" rating on the stock in a research note on Wednesday. JPMorgan Chase & Co. reduced their price objective on Wells Fargo & Company from $99.50 to $91.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 7th. Robert W. Baird upgraded Wells Fargo & Company from an "underperform" rating to a "neutral" rating and set a $85.00 price objective on the stock in a research note on Friday, February 13th. Finally, Evercore restated an "outperform" rating on shares of Wells Fargo & Company in a research note on Friday, March 6th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have assigned a Hold rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $97.75.

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 on Thursday, February 26th. The stock was sold at an average price of $87.40, for a total value of $5,244,000.00. Following the sale, the executive vice president directly owned 169,496 shares in the company, valued at approximately $14,813,950.40. This trade represents a 26.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Bridget E. Engle sold 30,000 shares of the firm's stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $87.10, for a total value of $2,613,000.00. Following the completion of the sale, the executive vice president owned 83,478 shares in the company, valued at $7,270,933.80. The trade was a 26.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 115,000 shares of company stock worth $10,050,000. 0.14% of the stock is owned by insiders.

Wells Fargo & Company News Summary

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

• Positive Sentiment: Management is emphasizing cost discipline (continued headcount reductions) and growth initiatives that can lift margins over time — a constructive signal for eventual EPS recovery. Wells Fargo CEO talks layoffs amid growth
• Positive Sentiment: Market commentators (e.g., Jim Cramer) have suggested WFC may be bottoming after the selloff, which can attract bargain hunters and short‑covering. Jim Cramer on Wells Fargo
• Positive Sentiment: Industry commentary highlights that digital engagement is strengthening deposit gathering across big banks (including Wells Fargo), supporting core deposit funding and cross‑sell opportunities. Big Bank Earnings Show Digital Activity Drives Deposits
• Neutral Sentiment: Technically, WFC recently broke below its 50‑day moving average — a short‑term bearish signal for momentum traders but one that often triggers dip‑buyers. Wells Fargo broke below 50‑day MA
• Neutral Sentiment: Wells Fargo’s own strategists flagged a near‑term “sugar high” for the S&P 500 — useful context for macro‑driven flows into/out of bank stocks but not a direct company catalyst. Prepare for an S&P 500 ‘Sugar High,’ Says Wells Fargo
• Negative Sentiment: Q1 results disappointed on revenue and net interest income (NII) vs. Street expectations; management warned margin pressure could extend into Q2 — the primary reason for the initial selloff. Shares drop after Q1 revenue miss
• Negative Sentiment: Several brokerages cut price targets and trimmed forecasts after the print, signaling analyst skepticism about how quickly ROTCE/profitability targets will be met — a headwind for sentiment. Three price target cuts after Q1

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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