Wells Fargo & Company $WFC Position Raised by Triangle Securities Wealth Management

Key Points

• Triangle Securities Wealth Management boosted its stake in Wells Fargo by 96.0%, adding 32,307 shares to hold 65,956 shares worth $5.831 million (WFC is 1.2% of the firm's portfolio and its 21st largest holding).
• Wells Fargo beat Q results with $1.76 EPS vs $1.66 expected and $21.29B in revenue, trades around $78.90 with a market cap of $243.46B, P/E of 12.58, a $0.45 quarterly dividend (2.3% yield), and a consensus rating of Moderate Buy with a $96.98 target.
• Risk signals include CEO Charlie Scharf's warning of potential credit losses as private credit firms restrict withdrawals, while insiders have sold 115,000 shares totaling about $10.05 million in the last 90 days.

Triangle Securities Wealth Management raised its position in shares of Wells Fargo & Company (NYSE:WFC) by 96.0% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 65,956 shares of the financial services provider's stock after purchasing an additional 32,307 shares during the quarter. Wells Fargo & Company comprises 1.2% of Triangle Securities Wealth Management's portfolio, making the stock its 21st largest holding. Triangle Securities Wealth Management's holdings in Wells Fargo & Company were worth $5,831,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of WFC. Redmont Wealth Advisors LLC bought a new stake in shares of Wells Fargo & Company in the 3rd quarter worth $27,000. Marquette Asset Management LLC boosted its stake in Wells Fargo & Company by 472.4% during the third quarter. Marquette Asset Management LLC now owns 332 shares of the financial services provider's stock valued at $28,000 after buying an additional 274 shares in the last quarter. Grey Fox Wealth Advisors LLC bought a new position in Wells Fargo & Company during the third quarter valued at about $30,000. Kilter Group LLC acquired a new position in Wells Fargo & Company during the second quarter worth about $31,000. Finally, Imprint Wealth LLC acquired a new position in Wells Fargo & Company during the third quarter worth about $31,000. 75.90% of the stock is currently owned by institutional investors and hedge funds.

Wells Fargo & Company Trading Down 1.7%

Shares of NYSE WFC opened at $78.90 on Friday. Wells Fargo & Company has a 12 month low of $58.42 and a 12 month high of $97.76. The company has a market cap of $243.46 billion, a price-to-earnings ratio of 12.58, a P/E/G ratio of 0.88 and a beta of 1.08. 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 business has a fifty day simple moving average of $84.79 and a 200-day simple moving average of $86.23.

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

Wells Fargo & Company Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Sunday, March 1st. Stockholders of record on Friday, February 6th were given a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend was Friday, February 6th. Wells Fargo & Company's dividend payout ratio (DPR) is 28.71%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on WFC. TD Cowen cut their price target on shares of Wells Fargo & Company from $102.00 to $100.00 and set a "hold" rating for the company in a report on Thursday, January 15th. Evercore reaffirmed an "outperform" rating on shares of Wells Fargo & Company in a research note on Friday, March 6th. UBS Group reiterated a "buy" rating and issued a $113.00 target price on shares of Wells Fargo & Company in a report on Wednesday, February 4th. Royal Bank Of Canada reissued an "outperform" rating and set a $100.00 target price on shares of Wells Fargo & Company in a research note on Thursday, January 15th. Finally, Argus raised their target price on shares of Wells Fargo & Company from $94.00 to $101.00 and gave the stock a "buy" rating in a report on Thursday, January 15th. Fourteen research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $96.98.

Wells Fargo & Company News Summary

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

• Positive Sentiment: Wells Fargo announced major digital milestones — Fargo® (its AI virtual assistant) has handled over 1 billion interactions in under three years and the bank surpassed 33 million mobile active users, signaling stronger customer engagement, potential cost efficiencies and higher digital cross‑sell opportunities. Wells Fargo Reaches Major Digital Milestones
• Positive Sentiment: Jefferies initiated coverage with a Buy and $100 price target, implying meaningful upside vs. current levels — this type of institutional endorsement can lift sentiment and trading flows. Jefferies Initiates Coverage (Benzinga)
• Positive Sentiment: Wells Fargo provided a $2.25M grant to the ICA Fund as part of community/SMB initiatives — positive for reputation and small‑business relationships, but a modest near‑term financial impact. ICA Fund Announces $2.25 Million in New Funding From Wells Fargo
• Neutral Sentiment: Analyst commentary and valuation pieces note WFC’s recent pullback and strong longer‑term returns — these show mixed investor views on whether the current price already reflects risks/opportunities. Useful for investors reassessing fair value, not an immediate catalyst. Is Wells Fargo (WFC) Pricing Reflect Its Recent Pullback And Strong Valuation Signals
• Neutral Sentiment: Options‑based trade ideas (selling short‑dated puts) are circulating as income/entry strategies given recent share levels — highlights investor interest in using WFC as an income/entry play but also implies expectations of limited near‑term downside. Wells Fargo Trade Idea: 7% Discount or 30% Annual Income?
• Negative Sentiment: CEO Charlie Scharf warned of potential credit losses ahead as private credit firms restrict withdrawals — an explicit management caution that raises concerns about asset‑quality pressure and loan‑book vulnerability. Wells Fargo CEO warns of credit losses ahead as private credit firms restrict withdrawals
• Negative Sentiment: Goldman Sachs and other outlets have trimmed expectations for WFC, and some analysts (e.g., Truist) have modestly lowered price targets — these cuts contribute to negative sentiment and can weigh on the stock until new earnings or clearer guidance arrive. The Goldman Sachs Group Has Lowered Expectations for Wells Fargo & Company NYSE: WFC Stock Price Wells Fargo (WFC)’s 2026 Outlook: Analyst Revisions and Investor Guidance

Insider Transactions at Wells Fargo & Company

In other news, EVP Kleber Santos sold 25,000 shares of the stock in a transaction on 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 owned 79,876 shares in the company, valued at $7,006,722.72. This represents a 23.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Bridget E. Engle sold 30,000 shares of the company'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 transaction, the executive vice president directly 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 115,000 shares of company stock valued at $10,050,000 over the last ninety days. Corporate insiders own 0.08% of the company's stock.

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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