PFA Pension Forsikringsaktieselskab Makes New $173.65 Million Investment in Wells Fargo & Company $WFC

Key Points

• PFA Pension Forsikringsaktieselskab established a new position in Wells Fargo, buying 1,841,278 shares worth about $173.65 million, equal to roughly 0.06% of the company.
• Corporate insiders have been net sellers recently—115,000 shares (~$10.05 million) were sold in the last three months, including EVP Kleber Santos (25,000 shares at $87.72) and EVP Bridget E. Engle (30,000 shares at $87.10); insiders now own about 0.14% of WFC.
• Analysts show a consensus of "Moderate Buy" with an average price target of $97.53; Wells Fargo pays a $0.45 quarterly dividend ($1.80 annual, ~2.2% yield) and the stock opened at $80.90 (down 1.6%) with a $247.6 billion market cap.

PFA Pension Forsikringsaktieselskab bought a new position in shares of Wells Fargo & Company (NYSE:WFC - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 1,841,278 shares of the financial services provider's stock, valued at approximately $173,651,000. PFA Pension Forsikringsaktieselskab owned 0.06% of Wells Fargo & Company at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of WFC. Brighton Jones LLC lifted its holdings in Wells Fargo & Company by 62.3% during the 4th quarter. Brighton Jones LLC now owns 66,233 shares of the financial services provider's stock worth $4,652,000 after buying an additional 25,436 shares during the period. Jump Financial LLC lifted its holdings in Wells Fargo & Company by 12.9% during the 2nd quarter. Jump Financial LLC now owns 22,904 shares of the financial services provider's stock worth $1,835,000 after buying an additional 2,615 shares during the period. Main Street Financial Solutions LLC lifted its holdings in Wells Fargo & Company by 111.0% during the 2nd quarter. Main Street Financial Solutions LLC now owns 14,008 shares of the financial services provider's stock worth $1,122,000 after buying an additional 7,368 shares during the period. Vivaldi Capital Management LP lifted its holdings in Wells Fargo & Company by 5.4% during the 2nd quarter. Vivaldi Capital Management LP now owns 3,229 shares of the financial services provider's stock worth $259,000 after buying an additional 165 shares during the period. Finally, Diversify Advisory Services LLC lifted its holdings in Wells Fargo & Company by 51.2% during the 2nd quarter. Diversify Advisory Services LLC now owns 25,718 shares of the financial services provider's stock worth $2,044,000 after buying an additional 8,714 shares during the period. 75.90% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Wells Fargo & Company

In related news, EVP Kleber Santos sold 25,000 shares of the business's stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $87.72, for a total value of $2,193,000.00. Following the completion of the sale, the executive vice president directly 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 filing with the SEC, which is available at the SEC website. Also, EVP Bridget E. Engle sold 30,000 shares of the business's stock in a transaction dated 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 directly owned 83,478 shares of the company's stock, valued at $7,270,933.80. The trade was a 26.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 115,000 shares of company stock valued at $10,050,000 in the last three months. Corporate insiders own 0.14% of the company's stock.

Analysts Set New Price Targets

Several research analysts have commented on WFC shares. Piper Sandler reaffirmed an "overweight" rating and set a $94.00 target price (down from $100.00) on shares of Wells Fargo & Company in a report on Wednesday, April 15th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Wells Fargo & Company in a report on Monday, April 20th. KGI Securities downgraded Wells Fargo & Company to a "hold" rating in a report on Thursday, April 16th. Robert W. Baird raised 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, Wall Street Zen downgraded Wells Fargo & Company from a "hold" rating to a "sell" rating in a research note on Saturday, April 25th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have given a Hold rating to the company. According to MarketBeat.com, Wells Fargo & Company has a consensus rating of "Moderate Buy" and an average price target of $97.53.

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

Wells Fargo & Company Stock Down 1.6%

Shares of NYSE:WFC opened at $80.90 on Friday. The company has a market capitalization of $247.56 billion, a price-to-earnings ratio of 12.48, a P/E/G ratio of 0.97 and a beta of 0.96. 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 business's 50-day moving average is $80.85 and its 200-day moving average is $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 quarterly earnings data 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 $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 firm's revenue was up 6.4% compared to the same quarter last year. During the same period in the previous year, the business earned $1.39 EPS. Equities research analysts predict that Wells Fargo & Company will post 6.82 earnings per share for the current year.

Wells Fargo & Company Dividend Announcement

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 paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, May 8th. Wells Fargo & Company's payout ratio is currently 27.78%.

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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