Wells Fargo & Company (NYSE:WFC) Stock Purchase Disclosed by Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Wells Fargo & Company (NYSE:WFC). In a filing disclosed on November 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in Wells Fargo & Company stock on October 20th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 11/2/2026.
• Purchased $1,001 – $15,000 in shares of argenex (NASDAQ:ARGX) on 10/27/2026.
• Sold $1,001 – $15,000 in shares of Illumina (NASDAQ:ILMN) on 10/27/2026.
• Sold $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 10/27/2026.
• Sold $15,001 – $50,000 in shares of PTC (NASDAQ:PTC) on 10/27/2026.
• Purchased $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 10/27/2026.
• Purchased $1,001 – $15,000 in shares of MACOM Technology Solutions (NASDAQ:MTSI) on 10/27/2026.
• Sold $1,001 – $15,000 in shares of Micron Solutions (OTCMKTS:MICR) on 10/21/2026.
• Sold $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 10/21/2026.
• Purchased $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 10/21/2026.

Wells Fargo & Company Stock Down 0.0%

Wells Fargo & Company stock traded down $0.02 during trading on Thursday, hitting $85.78. 7,665,816 shares of the company were exchanged, compared to its average volume of 15,868,473. Wells Fargo & Company has a 52 week low of $72.78 and a 52 week high of $97.76. The business’s 50 day moving average is $84.28 and its 200 day moving average is $83.57. The company has a market capitalization of $257.50 billion, a P/E ratio of 12.10, a PEG ratio of 0.92 and a beta of 0.93. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 1.14.

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

Wells Fargo & Company Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Friday, November 6th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Friday, November 6th. Wells Fargo & Company’s dividend payout ratio (DPR) is 28.21%.

Analysts Set New Price Targets

WFC has been the topic of a number of research reports. Keefe, Bruyette & Woods lowered 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 report on Wednesday, October 14th. CICC Research upped their target price on Wells Fargo & Company from $90.00 to $95.00 and gave the stock a “neutral” rating in a research note on Friday, July 17th. Phillip Securities reduced their target price on Wells Fargo & Company from $115.00 to $105.00 in a research note on Thursday, October 15th. Truist Financial upped their price objective on shares of 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, JPMorgan Chase & Co. raised their price target on shares of Wells Fargo & Company from $91.50 to $92.00 and gave the stock a “neutral” rating in a report on Friday, October 30th. Seventeen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $97.50.

Latest Wells Fargo & Company News

Investors following WFC have been watching these news items:

• Positive Sentiment: Wells Fargo introduced an AI assistant for wealth advisers to help with client questions, planning and daily workflows. The tool could support productivity and modernize the bank’s advisory services. Article: Wells Fargo (WFC) Debuts AI Teammate For Wealth Advisors
• Neutral Sentiment: A former Wells Fargo executive is appealing the SEC’s decision to reduce his whistleblower award. The dispute concerns the agency’s award decision; the report does not describe new allegations against Wells Fargo. Article: Wells Fargo whistleblower argues SEC played ‘fast and loose’
• Neutral Sentiment: Wells Fargo shares were reported up 6.1% since the latest earnings release, though the article focuses on analyst estimates and whether that post-earnings move can continue. Article: Wells Fargo (WFC) Up 6.1% Since Last Earnings Report: Can It Continue?

Institutional Trading of Wells Fargo & Company

Several institutional investors have recently bought and sold shares of WFC. Legal & General Group Plc purchased a new position in Wells Fargo & Company in the 2nd quarter worth about $1,635,881,000. Bank of New York Mellon Corp purchased a new position in shares of Wells Fargo & Company during the 2nd quarter valued at about $1,364,923,000. Amundi increased its holdings in Wells Fargo & Company by 73.0% in the 1st quarter. Amundi now owns 16,463,550 shares of the financial services provider’s stock worth $1,310,663,000 after acquiring an additional 6,944,316 shares in the last quarter. Deutsche Bank AG purchased a new position in shares of Wells Fargo & Company during the 2nd quarter valued at $859,431,000. Finally, Pzena Investment Management LLC lifted its holdings in shares of Wells Fargo & Company by 0.3% in the third quarter. Pzena Investment Management LLC now owns 8,853,784 shares of the financial services provider’s stock worth $708,745,000 after buying an additional 26,316 shares in the last quarter. 75.90% of the stock is owned by hedge funds and other institutional investors.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Wells Fargo & Company

Wells Fargo & Company is a diversified financial services company offering banking, lending, investment, and wealth management services. Its products include checking and savings accounts, credit cards, mortgages, auto loans, commercial financing, investment services, and financial advice. The company serves consumers, businesses, and institutions, primarily in the United States. Its operations include consumer and small business banking, commercial banking, and corporate and investment banking, as well as wealth and investment management.