Royal Fund Management LLC Takes $2.68 Million Position in Wells Fargo & Company $WFC

Key Points

• Royal Fund Management LLC purchased a new stake of 28,036 shares in Wells Fargo (NYSE:WFC) in Q4, valued at approximately $2.68 million.
• Brokerage coverage averages a "Moderate Buy" rating with an average price target of about $96.98, though some firms (e.g., Goldman Sachs) have trimmed targets recently.
• Insiders sold a total of 115,000 shares (~$10.05M) over the last quarter, while Wells Fargo pays a quarterly dividend of $0.45 (annualized yield ~2.3%).

Royal Fund Management LLC 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 13F filing with the Securities and Exchange Commission. The firm purchased 28,036 shares of the financial services provider's stock, valued at approximately $2,678,000.

Several other institutional investors have also recently made changes to their positions in the company. Redmont Wealth Advisors LLC purchased a new position in Wells Fargo & Company in the third quarter worth approximately $27,000. Marquette Asset Management LLC raised its position in Wells Fargo & Company by 472.4% in 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. Grey Fox Wealth Advisors LLC purchased a new stake in Wells Fargo & Company in the third quarter valued at $30,000. Kilter Group LLC acquired a new position in shares of Wells Fargo & Company in the 2nd quarter valued at $31,000. Finally, Imprint Wealth LLC acquired a new position in shares of Wells Fargo & Company in the 3rd quarter valued at $31,000. Hedge funds and other institutional investors own 75.90% of the company's stock.

Key Wells Fargo & Company News

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

• Positive Sentiment: Brokerage coverage is constructive — recent collection of analyst ratings averages out to a "Moderate Buy", supporting demand from institutional buyers and income-oriented investors. Wells Fargo & Company NYSE: WFC Receives Average Rating of "Moderate Buy" from Brokerages
• Positive Sentiment: Customer loyalty signal — a Wells Fargo survey finds most Americans would rather give up social media than their banking apps, implying strong engagement with the bank’s digital channels and potential for stable deposit/frictionless product cross-sell. Most Americans would rather ditch social media than their beloved banking apps, Wells Fargo survey says
• Positive Sentiment: Preferred shares highlight income/capital potential — analysts point to about ~5% capital appreciation potential in WFC.PR.L preferreds, which can attract yield-focused buyers into the Wells Fargo complex. Wells Fargo: 5% Capital Appreciation Potential From WFC.PR.L Preferred Shares
• Neutral Sentiment: Brand/strategy research — the firm's 2026 Money Study (press release) frames long-term thematic opportunities (entrepreneurship, AI for advice, multigenerational support) but is more strategic/PR than an immediate earnings driver. Wells Fargo 2026 Money Study Reveals Americans Redefining the American Dream; Gen Z leaning on Parents for Financial Support
• Negative Sentiment: Technical and recent results pressure — shares remain below both the 50‑day and 200‑day moving averages and, although Wells Fargo beat EPS in its January quarter, revenue missed consensus; those factors can prompt short-term profit-taking and weigh on momentum.

Analyst Ratings Changes

A number of brokerages recently issued reports on WFC. UBS Group reissued a "buy" rating and set a $113.00 price objective on shares of Wells Fargo & Company in a research report on Wednesday, February 4th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Wells Fargo & Company in a research report on Wednesday, January 21st. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $100.00 target price on shares of Wells Fargo & Company in a research note on Thursday, January 15th. The Goldman Sachs Group dropped their price target on shares of Wells Fargo & Company from $109.00 to $93.00 and set a "buy" rating for the company in a research report on Monday, March 23rd. Finally, CICC Research initiated coverage on shares of Wells Fargo & Company in a research note on Wednesday, January 14th. They issued a "market perform" rating and a $96.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $96.98.

Wells Fargo & Company Trading Down 0.6%

Shares of NYSE WFC opened at $76.74 on Tuesday. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 1.05. The stock has a market capitalization of $236.80 billion, a PE ratio of 12.24, a PEG ratio of 0.82 and a beta of 1.08. Wells Fargo & Company has a twelve month low of $58.42 and a twelve month high of $97.76. The stock has a fifty day simple moving average of $84.34 and a 200-day simple moving average of $86.27.

Wells Fargo & Company (NYSE:WFC - Get Free Report) last posted its earnings results on Wednesday, January 14th. The financial services provider reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.66 by $0.10. Wells Fargo & Company had a return on equity of 12.90% and a net margin of 17.27%.The firm had revenue of $21.29 billion for the quarter, compared to analyst estimates of $21.63 billion. During the same quarter in the prior year, the company earned $1.43 EPS. Wells Fargo & Company's revenue was up 4.5% on a year-over-year basis. On average, equities analysts forecast that Wells Fargo & Company will post 5.89 earnings per share for the current year.

Wells Fargo & Company Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Sunday, March 1st. Shareholders of record on Friday, February 6th were paid a dividend of $0.45 per share. The ex-dividend date was Friday, February 6th. This represents a $1.80 dividend on an annualized basis and a yield of 2.3%. Wells Fargo & Company's dividend payout ratio is 28.71%.

Insider Transactions at Wells Fargo & Company

In related news, EVP Ellen R. Patterson sold 60,000 shares of Wells Fargo & Company stock in a transaction that occurred on 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 transaction, the executive vice president owned 169,496 shares in the company, valued at approximately $14,813,950.40. The trade was a 26.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Bridget E. Engle sold 30,000 shares of the company's stock in a transaction that occurred on Thursday, February 26th. The stock was 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 in the company, valued at approximately $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 quarter, insiders have sold 115,000 shares of company stock valued at $10,050,000. 0.08% of the stock is currently owned by corporate insiders.

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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