Wells Fargo & Company $WFC Stake Boosted by Main Street Research LLC

Posted by Sarita Garza on Jul 10th, 2026

Main Street Research LLC raised its holdings in shares of Wells Fargo & Company (NYSE:WFC) by 136.2% in the 1st quarter, Holdings Channel reports. The firm owned 46,882 shares of the financial services provider’s stock after purchasing an additional 27,036 shares during the quarter. Main Street Research LLC’s holdings in Wells Fargo & Company were worth $3,732,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of WFC. Private Wealth Group LLC boosted its holdings in shares of Wells Fargo & Company by 2.5% in the 4th quarter. Private Wealth Group LLC now owns 4,514 shares of the financial services provider’s stock valued at $421,000 after buying an additional 108 shares during the period. Nixon Peabody Trust Co. raised its stake in Wells Fargo & Company by 3.6% during the fourth quarter. Nixon Peabody Trust Co. now owns 3,351 shares of the financial services provider’s stock worth $312,000 after acquiring an additional 115 shares during the period. Simmons Bank raised its stake in Wells Fargo & Company by 1.9% during the fourth quarter. Simmons Bank now owns 6,359 shares of the financial services provider’s stock worth $593,000 after acquiring an additional 116 shares during the period. Moss Adams Wealth Advisors LLC lifted its holdings in Wells Fargo & Company by 1.0% in the fourth quarter. Moss Adams Wealth Advisors LLC now owns 12,048 shares of the financial services provider’s stock worth $1,123,000 after acquiring an additional 117 shares during the last quarter. Finally, Wood Tarver Financial Group LLC lifted its holdings in Wells Fargo & Company by 1.6% in the fourth quarter. Wood Tarver Financial Group LLC now owns 7,754 shares of the financial services provider’s stock worth $722,000 after acquiring an additional 120 shares during the last quarter. 75.90% of the stock is owned by institutional investors and hedge funds.

Wells Fargo & Company Trading Up 1.6%

Wells Fargo & Company stock opened at $86.91 on Friday. Wells Fargo & Company has a 52-week low of $72.78 and a 52-week high of $97.76. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 1.12. The firm has a market capitalization of $265.96 billion, a price-to-earnings ratio of 13.41, a PEG ratio of 0.98 and a beta of 0.92. The firm has a 50-day moving average price of $80.55 and a two-hundred day moving average price of $84.01.

Wells Fargo & Company (NYSE:WFC – Get Free Report) last announced its quarterly earnings results on Tuesday, April 14th. The financial services provider reported $1.60 EPS for the quarter, beating the consensus estimate of $1.58 by $0.02. The company had revenue of $11.62 billion for the quarter, compared to analyst estimates of $21.85 billion. Wells Fargo & Company had a net margin of 17.26% and a return on equity of 13.27%. Wells Fargo & Company’s revenue was up 6.4% compared to the same quarter last year. During the same quarter last year, the business earned $1.39 earnings per share. Sell-side analysts expect that Wells Fargo & Company will post 6.99 earnings per share for the current year.

Wells Fargo & Company Dividend Announcement

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

Key Headlines Impacting Wells Fargo & Company

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

Positive Sentiment: Analysts expect Wells Fargo’s Q2 results to benefit from stronger net interest income and fee income, which could support earnings growth when the bank reports next week.
Positive Sentiment: Recent analyst coverage remains constructive, with Wells Fargo carrying a consensus “moderate buy” rating, helping reinforce investor confidence. Wells Fargo & Company (NYSE:WFC) Given Consensus Rating of “Moderate Buy” by Analysts
Neutral Sentiment: Wells Fargo shares also benefited from a broader market uptrend, with the latest trading-session articles noting the stock outperformed the market overall. Wells Fargo (WFC) Beats Stock Market Upswing: What Investors Need to Know
Neutral Sentiment: Investors are also focused on the company’s Q2 outlook and key operating metrics, but those details are mainly setting expectations rather than changing the near-term story. Unveiling Wells Fargo (WFC) Q2 Outlook: Wall Street Estimates for Key Metrics
Negative Sentiment: One article highlighted that Wells Fargo’s savings accounts may offer very low yields, which could remind customers to move deposits elsewhere and create a mild reputational headwind. Have Savings at Chase, Wells Fargo, or Bank of America? Why You May Want to Move It

Analyst Ratings Changes

Several equities analysts have recently commented on the company. The Goldman Sachs Group lowered their target price on Wells Fargo & Company from $109.00 to $93.00 and set a “buy” rating for the company in a report on Monday, March 23rd. Raymond James Financial began coverage on Wells Fargo & Company in a report on Wednesday. They issued a “market perform” rating on the stock. Piper Sandler restated an “overweight” rating and set a $94.00 price objective (down from $100.00) on shares of Wells Fargo & Company in a research report on Wednesday, April 15th. Weiss Ratings restated a “buy (b)” rating on shares of Wells Fargo & Company in a research note on Monday, April 20th. Finally, Phillip Securities raised Wells Fargo & Company from a “moderate buy” rating to a “strong-buy” rating in a research report on Thursday, May 7th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $98.34.

Get Our Latest Research Report on Wells Fargo & Company

About Wells Fargo & Company

(Free Report)

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.