Wells Fargo & Company (NYSE:WFC) Shares Unloaded Rep. Julie Johnson

Key Points

• Representative Julie Johnson sold shares of Wells Fargo & Company (NYSE:WFC) for between $1,001 and $15,000 on August 14th, as disclosed in a filing on September 11th.
• Wells Fargo reported a quarterly EPS of $1.54, surpassing analysts' expectations, and announced a dividend increase to $0.45 per share.
• The stock is currently rated as a "Moderate Buy" by analysts, with price targets ranging from $77 to $90, indicating positive market sentiment.

Representative Julie Johnson (D-Texas) recently sold shares of Wells Fargo & Company NYSE: WFC. In a filing disclosed on September 11th, the Representative disclosed that they had sold between $1,001 and $15,000 in Wells Fargo & Company stock on August 14th. The trade occurred in the Representative's "CHASE BROKERAGE ACCOUNT (3935)" account.

Representative Julie Johnson also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of McDonald's NYSE: MCD on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Eli Lilly and Company NYSE: LLY on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Parker-Hannifin NYSE: PH on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Charles Schwab NYSE: SCHW on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Fidelity National Information Services NYSE: FIS on 8/14/2025.
• Sold $1,001 - $15,000 in shares of ConocoPhillips NYSE: COP on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Home Depot NYSE: HD on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Dover NYSE: DOV on 8/14/2025.
• Sold $1,001 - $15,000 in shares of UnitedHealth Group NYSE: UNH on 8/14/2025.

Wells Fargo & Company Stock Up 0.4%

WFC stock traded up $0.34 during trading on Thursday, hitting $82.82. 3,639,459 shares of the company's stock were exchanged, compared to its average volume of 16,817,699. The business has a 50-day moving average price of $80.37 and a two-hundred day moving average price of $75.25. The stock has a market capitalization of $265.32 billion, a price-to-earnings ratio of 14.17, a PEG ratio of 1.26 and a beta of 1.25. Wells Fargo & Company has a 52-week low of $53.31 and a 52-week high of $84.83. The company has a current ratio of 0.84, a quick ratio of 0.83 and a debt-to-equity ratio of 1.06.

Wells Fargo & Company (NYSE:WFC - Get Free Report) last posted its earnings results on Tuesday, July 15th. The financial services provider reported $1.54 earnings per share for the quarter, topping the consensus estimate of $1.41 by $0.13. Wells Fargo & Company had a return on equity of 12.29% and a net margin of 16.82%.The firm had revenue of $20.82 billion during the quarter, compared to analysts' expectations of $20.83 billion. During the same quarter in the previous year, the business earned $1.33 earnings per share. The firm's revenue was up .6% compared to the same quarter last year. As a group, equities research analysts expect that Wells Fargo & Company will post 5.89 EPS for the current year.

Wells Fargo & Company Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 1st. Investors of record on Friday, August 8th were paid a dividend of $0.45 per share. The ex-dividend date was Friday, August 8th. This is a positive change from Wells Fargo & Company's previous quarterly dividend of $0.40. This represents a $1.80 annualized dividend and a yield of 2.2%. Wells Fargo & Company's dividend payout ratio (DPR) is presently 30.82%.

Institutional Trading of Wells Fargo & Company

Several institutional investors and hedge funds have recently bought and sold shares of the stock. WT Wealth Management lifted its holdings in Wells Fargo & Company by 9.3% in the second quarter. WT Wealth Management now owns 3,582 shares of the financial services provider's stock worth $287,000 after buying an additional 306 shares during the period. NWF Advisory Services Inc. increased its position in shares of Wells Fargo & Company by 1.4% during the second quarter. NWF Advisory Services Inc. now owns 40,125 shares of the financial services provider's stock valued at $3,215,000 after acquiring an additional 550 shares in the last quarter. Centaurus Financial Inc. increased its position in shares of Wells Fargo & Company by 63.5% during the second quarter. Centaurus Financial Inc. now owns 60,607 shares of the financial services provider's stock valued at $4,856,000 after acquiring an additional 23,549 shares in the last quarter. Orion Porfolio Solutions LLC increased its position in shares of Wells Fargo & Company by 43.2% during the second quarter. Orion Porfolio Solutions LLC now owns 216,618 shares of the financial services provider's stock valued at $17,355,000 after acquiring an additional 65,356 shares in the last quarter. Finally, MASTERINVEST Kapitalanlage GmbH bought a new stake in shares of Wells Fargo & Company during the second quarter valued at approximately $1,359,000. 75.90% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

WFC has been the topic of a number of recent research reports. Wall Street Zen raised Wells Fargo & Company from a "sell" rating to a "hold" rating in a report on Friday, August 22nd. Citigroup reiterated a "neutral" rating on shares of Wells Fargo & Company in a research report on Tuesday, July 8th. Piper Sandler restated an "overweight" rating on shares of Wells Fargo & Company in a research report on Tuesday, July 8th. Cowen restated a "hold" rating on shares of Wells Fargo & Company in a research report on Wednesday, July 16th. Finally, Evercore ISI reiterated an "outperform" rating on shares of Wells Fargo & Company in a research report on Tuesday, July 8th. Ten equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, Wells Fargo & Company has an average rating of "Moderate Buy" and an average price target of $82.56.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas' 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027. Johnson (Democratic Party) ran for election to the U.S. House to represent Texas' 32nd Congressional District. She won in the general election on November 5, 2024. Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson's career experience includes working as an attorney.

Wells Fargo & Company Company Profile

Wells Fargo & Co is a diversified and community-based financial services company, which engages in the provision of banking, insurance, investments, mortgage, and consumer and commercial finance products and services. It operates through the following segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management.