Wells Fargo & Company $WFC Shares Sold by Grantham Mayo Van Otterloo & Co. LLC

Key Points

• Grantham Mayo Van Otterloo & Co. LLC cut its stake in Wells Fargo by 25.8% in Q3, leaving it with 6,287,235 shares valued at about $527 million and making WFC its 23rd-largest holding.
• Company insiders have been net sellers—including EVP Bridget E. Engle (30,000 shares) and EVP Kleber Santos (25,000 shares)—with insiders offloading 115,000 shares (~$10.05 million) in the last 90 days, leaving insiders owning 0.08% of the stock.
• Analyst coverage is broadly supportive (consensus rating: Moderate Buy, average target $97.03), and the Federal Reserve’s termination of the 2018 enforcement action removes a key regulatory overhang that could help Wells Fargo accelerate capital returns.

Grantham Mayo Van Otterloo & Co. LLC lowered its stake in shares of Wells Fargo & Company (NYSE:WFC) by 25.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,287,235 shares of the financial services provider's stock after selling 2,182,531 shares during the period. Wells Fargo & Company comprises 1.5% of Grantham Mayo Van Otterloo & Co. LLC's investment portfolio, making the stock its 23rd biggest position. Grantham Mayo Van Otterloo & Co. LLC owned about 0.20% of Wells Fargo & Company worth $526,996,000 as of its most recent filing with the Securities & Exchange Commission.

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

Insider Buying and Selling

In related news, EVP Bridget E. Engle sold 30,000 shares of the firm's stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $87.10, for a total transaction of $2,613,000.00. Following the completion of the sale, the executive vice president directly owned 83,478 shares in the company, valued at approximately $7,270,933.80. This trade represents a 26.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Kleber Santos sold 25,000 shares of Wells Fargo & Company stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $87.72, for a total transaction of $2,193,000.00. Following the transaction, the executive vice president directly owned 79,876 shares in the company, valued at $7,006,722.72. This trade represents a 23.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 115,000 shares of company stock worth $10,050,000. Insiders own 0.08% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Evercore reissued an "outperform" rating on shares of Wells Fargo & Company in a research note on Friday. Truist Financial lowered their target price on shares of Wells Fargo & Company from $104.00 to $100.00 and set a "buy" rating on the stock in a research note on Thursday, January 15th. CICC Research began coverage on shares of Wells Fargo & Company in a report on Wednesday, January 14th. They set a "market perform" rating and a $96.00 target price for the company. Argus increased their target price on shares of Wells Fargo & Company from $94.00 to $101.00 and gave the company a "buy" rating in a research report on Thursday, January 15th. Finally, Robert W. Baird raised shares of Wells Fargo & Company from an "underperform" rating to a "neutral" rating and set a $85.00 price target on the stock in a research note on Friday, February 13th. 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 presently has a consensus rating of "Moderate Buy" and an average target price of $97.03.

More Wells Fargo & Company News

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

• Positive Sentiment: Federal Reserve ends its 2018 enforcement action related to the fake‑accounts scandal, removing a long‑running regulatory overhang that could free Wells Fargo to accelerate capital returns and strategic initiatives. Wells Fargo's 2018 Enforcement Action Terminated by the Federal Reserve
• Positive Sentiment: Wells Fargo added a $1.7 billion UBS advisor team to its independent wealth channel, boosting AUM and fee revenue growth potential in wealth management. Wells Fargo Recruits $1.7 Billion UBS Financial Advisor Team
• Positive Sentiment: Several outlets highlight Wells Fargo as a steady dividend payer and draw for income investors, which supports a valuation floor amid volatility. Set It and Forget It: The Dividend Stocks Worth Holding for the Rest of Your Life
• Neutral Sentiment: Wells Fargo published its 2027 quarterly earnings release schedule (administrative item); useful for investors tracking upcoming results and guidance windows. Wells Fargo Announces 2027 Earnings Release Date Information
• Neutral Sentiment: Analyst coverage is mixed-to-supportive (average "Moderate Buy"), and WFC has attracted recent investor attention in screeners — signals that the stock remains on institutional radars. Wells Fargo & Company NYSE: WFC Receives Average Rating of "Moderate Buy" from Analysts
• Negative Sentiment: Macro and sector pressure: banks were broadly sold after a disappointing U.S. jobs report and oil price volatility tied to the Middle East, weighing on WFC alongside peers. Investors Dump Bank, Brokerage Stocks As Oil Spikes and Jobs Report Disappoints
• Negative Sentiment: Negative headlines and opinion pieces arguing there are reasons to avoid WFC may drive short‑term selling or caution among retail investors despite the regulatory clearance. 3 Reasons to Avoid WFC and 1 Stock to Buy Instead

Wells Fargo & Company Stock Performance

Shares of Wells Fargo & Company stock opened at $80.44 on Friday. The business's 50 day moving average price is $89.46 and its 200 day moving average price is $86.60. The company has a market cap of $248.21 billion, a price-to-earnings ratio of 12.83, a PEG ratio of 0.88 and a beta of 1.08. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.90 and a current ratio of 0.90. Wells Fargo & Company has a one year low of $58.42 and a one year high of $97.76.

Wells Fargo & Company (NYSE:WFC - Get Free Report) last issued its earnings results on Wednesday, January 14th. The financial services provider reported $1.76 earnings per share (EPS) for the quarter, beating 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 company had revenue of $21.29 billion during the quarter, compared to analysts' expectations of $21.63 billion. During the same period in the prior year, the business earned $1.43 EPS. The firm's quarterly revenue was up 4.5% on a year-over-year basis. On average, research analysts predict that Wells Fargo & Company will post 5.89 EPS for the current year.

Wells Fargo & Company Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Sunday, March 1st. Investors of record on Friday, February 6th were issued a $0.45 dividend. The ex-dividend date of this dividend was Friday, February 6th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.2%. Wells Fargo & Company's dividend payout ratio is currently 28.71%.

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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