Rep. Val T. Hoyle Sells Off Shares of Wells Fargo & Company (NYSE:WFC)

Key Points

• Representative Val T. Hoyle sold shares of Wells Fargo & Company (NYSE: WFC) worth between $1,001 and $15,000 on September 23rd, within her "FIDELITY ROLLOVER IRA" account.
• Wells Fargo recently reported an EPS of $1.54 for the last quarter, exceeding estimates, and has increased its quarterly dividend from $0.40 to $0.45.
• The stock currently has a consensus price target of $85.41, with multiple analysts giving it a "Moderate Buy" average rating.

Representative Val T. Hoyle (D-Oregon) recently sold shares of Wells Fargo & Company NYSE: WFC. In a filing disclosed on October 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Wells Fargo & Company stock on September 23rd. The trade occurred in the Representative's "FIDELITY ROLLOVER IRA" account.

Representative Val T. Hoyle also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Marriott International NASDAQ: MAR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Transdigm Group NYSE: TDG on 9/23/2025.
• Sold $1,001 - $15,000 in shares of H&R Block NYSE: HRB on 9/23/2025.
• Sold $1,001 - $15,000 in shares of NIKE NYSE: NKE on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Bank of New York Mellon NYSE: BK on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Cisco Systems NASDAQ: CSCO on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Capital One Financial NYSE: COF on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Pentair NYSE: PNR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Heico NYSE: HEI.A on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Target NYSE: TGT on 9/23/2025.

Wells Fargo & Company Trading Down 2.7%

NYSE:WFC opened at $77.74 on Friday. Wells Fargo & Company has a one year low of $58.42 and a one year high of $86.65. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.83 and a current ratio of 0.84. The firm has a market cap of $249.04 billion, a P/E ratio of 13.31, a P/E/G ratio of 1.29 and a beta of 1.25. The firm has a 50-day simple moving average of $80.63 and a 200-day simple moving average of $76.51.

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

Wells Fargo & Company Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 1st. Stockholders of record on Friday, August 8th were issued a $0.45 dividend. The ex-dividend date was Friday, August 8th. This represents a $1.80 annualized dividend and a dividend yield of 2.3%. This is an increase from Wells Fargo & Company's previous quarterly dividend of $0.40. Wells Fargo & Company's dividend payout ratio (DPR) is presently 30.82%.

Institutional Trading of Wells Fargo & Company

Large investors have recently made changes to their positions in the business. CHICAGO TRUST Co NA boosted its holdings in Wells Fargo & Company by 13.7% during the third quarter. CHICAGO TRUST Co NA now owns 18,142 shares of the financial services provider's stock worth $1,521,000 after buying an additional 2,187 shares in the last quarter. Diversified Enterprises LLC boosted its holdings in Wells Fargo & Company by 6.2% during the third quarter. Diversified Enterprises LLC now owns 8,163 shares of the financial services provider's stock worth $684,000 after buying an additional 478 shares in the last quarter. Financial Connections Group Inc. boosted its holdings in Wells Fargo & Company by 1,403.7% during the third quarter. Financial Connections Group Inc. now owns 3,624 shares of the financial services provider's stock worth $303,000 after buying an additional 3,383 shares in the last quarter. Thomasville National Bank boosted its holdings in Wells Fargo & Company by 1.6% during the third quarter. Thomasville National Bank now owns 15,598 shares of the financial services provider's stock worth $1,307,000 after buying an additional 243 shares in the last quarter. Finally, BNC Wealth Management LLC boosted its holdings in Wells Fargo & Company by 8.4% during the third quarter. BNC Wealth Management LLC now owns 3,216 shares of the financial services provider's stock worth $270,000 after buying an additional 250 shares in the last quarter. 75.90% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

WFC has been the subject of several recent research reports. Morgan Stanley lowered shares of Wells Fargo & Company from an "overweight" rating to an "equal weight" rating and boosted their price target for the company from $87.00 to $90.00 in a report on Monday, September 29th. Raymond James Financial lowered shares of Wells Fargo & Company from a "strong-buy" rating to a "market perform" rating in a report on Monday, July 7th. Weiss Ratings raised shares of Wells Fargo & Company from a "hold (c)" rating to a "buy (b)" rating in a research report on Wednesday. The Goldman Sachs Group cut their price objective on shares of Wells Fargo & Company from $92.00 to $91.00 and set a "buy" rating on the stock in a research report on Wednesday, July 16th. Finally, Truist Financial lifted their price objective on shares of Wells Fargo & Company from $86.00 to $88.00 and gave the stock a "buy" rating in a research report on Wednesday, September 24th. Nine equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $85.41.

About Representative Hoyle

Val Hoyle (Democratic Party) is a member of the U.S. House, representing Oregon's 4th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. Hoyle (Democratic Party) is running for re-election to the U.S. House to represent Oregon's 4th Congressional District. She declared candidacy for the 2026 election. Val Hoyle was born in California and lives in Springfield, Oregon. Hoyle graduated from Merrimack High School. She earned a B.A. in political science from Emmanuel College in 1992. Her career experience includes working as a director at United Way of Lane County, a policy fellow at Wayne Morse Center for Law and Politics, and a commissioner at the Oregon Bureau of Labor and Industries. Hoyle has also worked in domestic and international sales, as well as manufacturing distribution.

About Wells Fargo & Company

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.

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