Sawyer & Company Inc Acquires New Shares in Wells Fargo & Company $WFC

Sawyer & Company Inc bought a new position in shares of Wells Fargo & Company (NYSE:WFC) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 13,985 shares of the financial services provider’s stock, valued at approximately $1,119,000.

A number of other institutional investors also recently modified their holdings of the company. Phillip James Consulting Co. acquired a new stake in Wells Fargo & Company in the 1st quarter valued at $28,000. Security National Bank of Sioux City Iowa IA acquired a new position in Wells Fargo & Company during the second quarter worth $28,000. Main Street Group LTD acquired a new position in Wells Fargo & Company during the first quarter worth $29,000. Dunhill Financial LLC bought a new position in shares of Wells Fargo & Company in the second quarter valued at $30,000. Finally, Portus Wealth Advisors LLC bought a new position in shares of Wells Fargo & Company in the first quarter valued at $33,000. 75.90% of the stock is owned by institutional investors and hedge funds.

Wells Fargo & Company News Roundup

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

• Positive Sentiment: Wells Fargo’s third-quarter results included year-over-year growth in net interest income and net income, an earnings beat, and reaffirmed full-year net interest income guidance. The bank is also pursuing fee-generating initiatives such as digital personalization, tokenized payments and AI capabilities in consumer banking. Should Earnings Beat Require Action From Wells Fargo Investors?
• Positive Sentiment: Management described Wells Fargo as being in “growth mode,” with Arizona identified as an important expansion market. This could support longer-term loan, deposit and customer growth if execution remains strong. Wells Fargo CEO: Bank in Growth Mode and Arizona Is a Key Market
• Positive Sentiment: The bank’s planned stablecoin launch in the first half of 2027 could create opportunities in cross-border payments and digital-asset settlement, potentially strengthening Wells Fargo’s position in institutional digital payments. Wells Fargo’s Stablecoin Push
• Positive Sentiment: Wells Fargo provided or arranged $1.275 billion in senior secured financing for Belk, highlighting continued activity in corporate and asset-based lending. Belk Secures $1.275 Billion in New Financing
• Neutral Sentiment: Wells Fargo is attracting elevated investor attention, but the coverage largely recaps its earnings, valuation and strategic outlook rather than identifying a new fundamental catalyst. Wells Fargo Is Attracting Investor Attention
• Negative Sentiment: ETFs were net sellers of WFC on October 19, indicating short-term institutional selling pressure, though this does not necessarily change the bank’s fundamentals. ETFs Are Net Sellers of Wells Fargo
• Negative Sentiment: Analyst commentary flagged a roughly $3 billion decline in low-cost deposits. More expensive funding could pressure net interest margins and future profitability. Wells Fargo Wants More Customer Cash
• Negative Sentiment: Industry reports that large banks are taking additional commercial-real-estate losses remain a risk for Wells Fargo, even as troubled loan balances decline. Big Banks Take Bigger CRE Losses

Wall Street Analysts Forecast Growth

WFC has been the subject of several recent research reports. HSBC started coverage on shares of Wells Fargo & Company in a research report on Monday, September 28th. They set a “buy” rating and a $108.00 target price for the company. Keefe, Bruyette & Woods dropped their price target on shares of Wells Fargo & Company from $94.00 to $90.00 and set a “market perform” rating on the stock in a research report on Wednesday, October 14th. Robert W. Baird lifted their price target on Wells Fargo & Company from $85.00 to $92.00 and gave the company a “neutral” rating in a research note on Wednesday, July 15th. Truist Financial lifted their price target on Wells Fargo & Company from $94.00 to $95.00 and gave the company a “buy” rating in a research note on Thursday, October 1st. Finally, Royal Bank Of Canada decreased their price objective on Wells Fargo & Company from $100.00 to $92.00 and set an “outperform” rating for the company in a report on Wednesday, October 14th. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, Wells Fargo & Company has a consensus rating of “Moderate Buy” and an average target price of $98.08.

Wells Fargo & Company Stock Up 0.2%

Shares of NYSE WFC traded up $0.19 during trading on Wednesday, hitting $82.39. The stock had a trading volume of 3,059,603 shares, compared to its average volume of 16,127,515. Wells Fargo & Company has a 12 month low of $72.78 and a 12 month high of $97.76. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.89 and a quick ratio of 0.90. The company has a market capitalization of $249.14 billion, a PE ratio of 11.62, a PEG ratio of 0.88 and a beta of 0.96. The firm has a fifty day moving average of $85.03 and a two-hundred day moving average of $83.37.

Wells Fargo & Company (NYSE:WFC) last released its quarterly earnings results on Tuesday, October 13th. The financial services provider reported $1.87 earnings per share for the quarter, beating analysts’ consensus estimates of $1.85 by $0.02. Wells Fargo & Company had a net margin of 17.64% and a return on equity of 14.05%. The company had revenue of $21.87 billion for the quarter, compared to analyst estimates of $22.30 billion. During the same period last year, the firm earned $1.66 earnings per share. The firm’s revenue was up 2.0% on a year-over-year basis. As a group, equities research analysts forecast that Wells Fargo & Company will post 7.27 EPS for the current fiscal year.

Wells Fargo & Company Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Friday, August 7th were paid a $0.50 dividend. This is a positive change from Wells Fargo & Company’s previous quarterly dividend of $0.45. The ex-dividend date was Friday, August 7th. This represents a $2.00 annualized dividend and a yield of 2.4%. Wells Fargo & Company’s dividend payout ratio (DPR) is 28.21%.

Wells Fargo & Company Profile

Wells Fargo & Company is a diversified financial services company that provides banking, lending, investment, and financial management services to individuals, businesses, and institutions. Its offerings include deposit accounts, residential and commercial lending, credit cards, payments, treasury management, and other banking products.

The company also provides wealth and investment management services, including financial planning, brokerage, advisory, and private banking solutions.