Wells Fargo & Company $WFC is Theleme Partners LLP's 2nd Largest Position

Key Points

• Theleme Partners LLP raised its WFC position 3.4% to 2,733,840 shares (about $229.15M), making Wells Fargo its second‑largest holding at 14.6% of the firm's portfolio.
• Insiders have been net sellers recently, disposing of 115,000 shares valued at roughly $10.05M in the past 90 days, including sales by EVPs Bridget Engle and Kleber Santos.
• Wells Fargo filed a trademark for "WFUSD"—hinting at a potential stablecoin/digital‑assets push—while analysts maintain a consensus "Moderate Buy" rating with an average price target of $97.03.

Theleme Partners LLP lifted its position in Wells Fargo & Company (NYSE:WFC - Free Report) by 3.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,733,840 shares of the financial services provider's stock after purchasing an additional 90,840 shares during the period. Wells Fargo & Company comprises 14.6% of Theleme Partners LLP's portfolio, making the stock its 2nd largest holding. Theleme Partners LLP owned approximately 0.09% of Wells Fargo & Company worth $229,150,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Redmont Wealth Advisors LLC purchased a new stake in Wells Fargo & Company during the 3rd quarter valued at approximately $27,000. Marquette Asset Management LLC lifted its holdings in shares of 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 worth $28,000 after buying an additional 274 shares in the last quarter. Grey Fox Wealth Advisors LLC bought a new position in shares of Wells Fargo & Company during the third quarter worth $30,000. Kilter Group LLC bought a new position in shares of Wells Fargo & Company during the second quarter worth $31,000. Finally, Aventus Investment Advisors Inc. purchased a new position in Wells Fargo & Company during the third quarter valued at $37,000. Hedge funds and other institutional investors own 75.90% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Weiss Ratings reiterated a "buy (b)" rating on shares of Wells Fargo & Company in a research note on Wednesday, January 21st. Evercore reaffirmed an "outperform" rating on shares of Wells Fargo & Company in a report on Friday, March 6th. Freedom Capital downgraded Wells Fargo & Company from a "strong-buy" rating to a "hold" rating in a research report on Thursday, January 15th. JPMorgan Chase & Co. raised their price target on Wells Fargo & Company from $99.00 to $99.50 and gave the company a "neutral" rating in a report on Monday, February 9th. Finally, Argus lifted their price objective on Wells Fargo & Company from $94.00 to $101.00 and gave the stock a "buy" rating in a research note on Thursday, January 15th. Thirteen research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $97.03.

Insider Activity

In other news, EVP Bridget E. Engle sold 30,000 shares of Wells Fargo & Company stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $87.10, for a total value of $2,613,000.00. Following the completion of the transaction, the executive vice president owned 83,478 shares in the company, valued at approximately $7,270,933.80. The trade was a 26.44% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kleber Santos sold 25,000 shares of the stock in a transaction on Friday, February 20th. The shares were sold at an average price of $87.72, for a total value of $2,193,000.00. Following the sale, the executive vice president owned 79,876 shares in the company, valued at $7,006,722.72. The trade was a 23.84% decrease in their position. 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 ninety days. Insiders own 0.08% 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 filed a trademark for "WFUSD" covering tokenization, crypto payments, exchange and wallet services — a visible signal the bank may pursue a stablecoin/digital‑assets payments effort that could create new fee streams and payment rails if it clears regulators. Wells Fargo Files Plan for WFUSD Digital Assets Effort
• Positive Sentiment: Market activity shows large call‑option volume on WFC, indicating traders are positioning bullishly or hedging ahead of potential catalysts (e.g., digital‑assets initiative, regulatory developments). This speculative demand can support near‑term upside if sentiment improves. Traders Buy High Volume of Call Options on Wells Fargo & Company NYSE: WFC
• Positive Sentiment: Analyst commentary highlights that recent regulatory relief could free Wells Fargo to grow its balance sheet and expand fee businesses, which supports the thesis that improved regulatory standing could materially raise returns over the next several quarters. Can Wells Fargo Turn Regulatory Relief Into Sustainable Growth?
• Neutral Sentiment: Wells Fargo is refining its commercial banking products and hiring to pursue middle‑market clients — a strategic move that can lift loan and fee growth over time but is unlikely to produce immediate earnings surprises. Wells Fargo chases lead bank role for middle-market clients
• Neutral Sentiment: Analyst shop activity (Wells Fargo and peers raising targets on other companies) underscores a busy research environment but has limited direct impact on WFC’s near‑term fundamentals. BMO and Wells Fargo Raise Targets on Matador (MTDR) and United Natural Foods (UNFI)
• Negative Sentiment: Wells Fargo shares are trading down on the day amid broader market weakness and profit‑taking; short‑term pressure could persist if macro or sector sentiment remains soft or if investors view the WFUSD filing as raising regulatory risk. Wells Fargo (WFC) Dips More Than Broader Market: What You Should Know

Wells Fargo & Company Stock Performance

Wells Fargo & Company stock opened at $76.85 on Thursday. The company's 50-day moving average price is $88.50 and its 200-day moving average price is $86.59. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 1.05. The company has a market cap of $237.13 billion, a PE ratio of 12.26, a price-to-earnings-growth ratio of 0.85 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.

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

Wells Fargo & Company Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Sunday, March 1st. Shareholders of record on Friday, February 6th were given 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%.

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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