Seaport Res Ptn Issues Positive Estimate for WFC Earnings

Wells Fargo & Company (NYSE:WFC - Free Report) - Stock analysts at Seaport Res Ptn raised their Q3 2025 EPS estimates for Wells Fargo & Company in a research note issued on Tuesday, July 8th. Seaport Res Ptn analyst J. Mitchell now forecasts that the financial services provider will earn $1.55 per share for the quarter, up from their prior forecast of $1.52. The consensus estimate for Wells Fargo & Company's current full-year earnings is $5.89 per share. Seaport Res Ptn also issued estimates for Wells Fargo & Company's Q1 2026 earnings at $1.45 EPS, Q2 2026 earnings at $1.73 EPS, Q3 2026 earnings at $1.83 EPS, Q4 2026 earnings at $1.84 EPS and FY2026 earnings at $6.85 EPS.

A number of other equities analysts also recently commented on the company. Phillip Securities raised Wells Fargo & Company from a "moderate buy" rating to a "strong-buy" rating in a research report on Monday, April 14th. Morgan Stanley upped their price target on Wells Fargo & Company from $77.00 to $87.00 and gave the company an "overweight" rating in a report on Wednesday, June 4th. Evercore ISI reissued an "outperform" rating on shares of Wells Fargo & Company in a report on Tuesday. Citigroup reissued a "neutral" rating on shares of Wells Fargo & Company in a report on Tuesday. Finally, The Goldman Sachs Group reaffirmed a "buy" rating and set a $86.00 price target on shares of Wells Fargo & Company in a report on Tuesday. Eight analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $78.98.

Wells Fargo & Company Stock Performance

Shares of Wells Fargo & Company stock opened at $81.78 on Thursday. Wells Fargo & Company has a one year low of $50.15 and a one year high of $83.95. The company has a market cap of $266.13 billion, a PE ratio of 14.68, a P/E/G ratio of 1.37 and a beta of 1.16. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.84 and a current ratio of 0.84. The business has a 50-day simple moving average of $76.03 and a 200-day simple moving average of $73.70.

Wells Fargo & Company (NYSE:WFC - Get Free Report) last issued its quarterly earnings results on Friday, April 11th. The financial services provider reported $1.39 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.23 by $0.16. Wells Fargo & Company had a net margin of 16.19% and a return on equity of 12.15%. The company had revenue of $20.15 billion for the quarter, compared to analyst estimates of $20.82 billion. During the same period in the prior year, the firm earned $1.20 earnings per share. The business's revenue for the quarter was down 3.4% compared to the same quarter last year.

Wells Fargo & Company announced that its board has authorized a share buyback plan on Tuesday, April 29th that allows the company to buyback $40.00 billion in shares. This buyback authorization allows the financial services provider to repurchase up to 17.2% of its shares through open market purchases. Shares buyback plans are often a sign that the company's board of directors believes its stock is undervalued.

Wells Fargo & Company Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Sunday, June 1st. Investors of record on Friday, May 9th were given a dividend of $0.40 per share. The ex-dividend date was Friday, May 9th. This represents a $1.60 annualized dividend and a dividend yield of 1.96%. Wells Fargo & Company's dividend payout ratio (DPR) is presently 28.73%.

Hedge Funds Weigh In On Wells Fargo & Company

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Livforsakringsbolaget Skandia Omsesidigt increased its holdings in Wells Fargo & Company by 2,735,254.3% during the 2nd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 949,769,723 shares of the financial services provider's stock valued at $76,095,550,000 after purchasing an additional 949,735,001 shares in the last quarter. Norges Bank acquired a new stake in Wells Fargo & Company during the 4th quarter valued at $3,365,658,000. Northern Trust Corp increased its holdings in Wells Fargo & Company by 10.7% during the 4th quarter. Northern Trust Corp now owns 34,339,295 shares of the financial services provider's stock valued at $2,411,992,000 after purchasing an additional 3,307,855 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Wells Fargo & Company by 0.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 20,497,429 shares of the financial services provider's stock valued at $1,471,259,000 after purchasing an additional 128,207 shares in the last quarter. Finally, Capital Research Global Investors increased its holdings in Wells Fargo & Company by 932.0% during the 4th quarter. Capital Research Global Investors now owns 15,734,874 shares of the financial services provider's stock valued at $1,105,218,000 after purchasing an additional 14,210,193 shares in the last quarter. Institutional investors own 75.90% of the company's stock.

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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