Fjarde AP Fonden Fourth Swedish National Pension Fund Has $66.72 Million Position in Wells Fargo & Company $WFC

Fjarde AP Fonden Fourth Swedish National Pension Fund increased its stake in Wells Fargo & Company (NYSE:WFC) by 60.6% in the 1st quarter, HoldingsChannel.com reports. The firm owned 838,029 shares of the financial services provider’s stock after acquiring an additional 316,150 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Wells Fargo & Company were worth $66,715,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of WFC. Brighton Jones LLC increased its position in Wells Fargo & Company by 62.3% in the fourth quarter. Brighton Jones LLC now owns 66,233 shares of the financial services provider’s stock worth $4,652,000 after purchasing an additional 25,436 shares during the period. Jump Financial LLC boosted its stake in shares of Wells Fargo & Company by 12.9% in the 2nd quarter. Jump Financial LLC now owns 22,904 shares of the financial services provider’s stock valued at $1,835,000 after purchasing an additional 2,615 shares during the last quarter. Main Street Financial Solutions LLC boosted its stake in shares of Wells Fargo & Company by 111.0% in the 2nd quarter. Main Street Financial Solutions LLC now owns 14,008 shares of the financial services provider’s stock valued at $1,122,000 after purchasing an additional 7,368 shares during the last quarter. Vivaldi Capital Management LP grew its position in shares of Wells Fargo & Company by 5.4% during the 2nd quarter. Vivaldi Capital Management LP now owns 3,229 shares of the financial services provider’s stock worth $259,000 after buying an additional 165 shares during the period. Finally, Diversify Advisory Services LLC raised its stake in shares of Wells Fargo & Company by 51.2% during the second quarter. Diversify Advisory Services LLC now owns 25,718 shares of the financial services provider’s stock worth $2,044,000 after buying an additional 8,714 shares during the last quarter. 75.90% of the stock is currently owned by institutional investors.

Wells Fargo & Company Stock Performance

Shares of Wells Fargo & Company stock opened at $85.49 on Friday. The company has a market capitalization of $261.61 billion, a PE ratio of 13.19, a PEG ratio of 0.99 and a beta of 0.92. Wells Fargo & Company has a 12 month low of $72.78 and a 12 month high of $97.76. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 1.12. The stock’s fifty day simple moving average is $79.95 and its 200 day simple moving average is $84.22.

Wells Fargo & Company (NYSE:WFC) last posted its earnings results on Tuesday, April 14th. The financial services provider reported $1.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.58 by $0.02. Wells Fargo & Company had a return on equity of 13.27% and a net margin of 17.26%.The firm had revenue of $11.62 billion during the quarter, compared to analysts’ expectations of $21.85 billion. During the same period in the previous year, the firm earned $1.39 earnings per share. The company’s revenue was up 6.4% on a year-over-year basis. On average, research analysts predict that Wells Fargo & Company will post 6.98 EPS for the current year.

Wells Fargo & Company Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Friday, May 8th were given a $0.45 dividend. The ex-dividend date was Friday, May 8th. This represents a $1.80 annualized dividend and a dividend yield of 2.1%. Wells Fargo & Company’s payout ratio is currently 27.78%.

Wall Street Analysts Forecast Growth

Several analysts have commented on WFC shares. JPMorgan Chase & Co. dropped their target price on shares of Wells Fargo & Company from $91.00 to $86.50 and set a “neutral” rating for the company in a research report on Thursday, April 30th. Weiss Ratings reiterated a “buy (b)” rating on shares of Wells Fargo & Company in a report on Monday, April 20th. Wall Street Zen raised Wells Fargo & Company from a “sell” rating to a “hold” rating in a research note on Sunday, June 14th. The Goldman Sachs Group reduced their target price on Wells Fargo & Company from $109.00 to $93.00 and set a “buy” rating on the stock in a report on Monday, March 23rd. Finally, KGI Securities cut Wells Fargo & Company to a “hold” rating in a research note on Thursday, April 16th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat, Wells Fargo & Company presently has an average rating of “Moderate Buy” and a consensus target price of $98.34.

More Wells Fargo & Company News

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

• Positive Sentiment: Wells Fargo is expected to release Q2 earnings on July 14, with analysts looking for EPS of about $1.71 and revenue of $21.81 billion, setting up a potentially important catalyst for the stock. Article Title
• Positive Sentiment: Morgan Stanley raised its price target on Wells Fargo to $102 from $97 while keeping an Equal Weight rating, signaling improved valuation expectations. Article Title
• Positive Sentiment: Wells Fargo passed the Fed’s 2026 stress test and is planning a double-digit dividend increase, which supports the stock’s income appeal and may help attract yield-focused investors. Article Title
• Positive Sentiment: Several recent articles argue Wells Fargo could benefit from upcoming earnings, with bullish commentary centered on the stock looking inexpensive and having room to rerate if results surprise to the upside. Article Title
• Neutral Sentiment: Investor interest has increased, with Zacks noting Wells Fargo is being heavily searched as traders assess the next catalyst for the shares. Article Title
• Neutral Sentiment: Some coverage suggests Wells Fargo could receive a modest earnings lift from potential tariff refunds tied to a Supreme Court decision, though this is still uncertain and not yet reflected in prior estimates. Article Title
• Negative Sentiment: Analysts continue to flag that Wells Fargo has lagged peers because of lower returns on equity and falling net interest margins, which remain key concerns going into earnings. Article Title

Wells Fargo & Company Company Profile

Wells Fargo & Company is a diversified, U.S.-based financial services company headquartered in San Francisco, California. Founded in 1852 by Henry Wells and William G. Fargo, the firm has evolved from its origins in express delivery and pioneer-era banking into one of the largest full-service banks in the United States. The company provides a broad range of financial products and services to individual, small business, commercial, and institutional clients. Charles W. Scharf serves as chief executive officer.

Wells Fargo operates across several core business segments, including consumer banking and lending, commercial banking, corporate and investment banking, and wealth and investment management.