Oslo Pensjonsforsikring AS Buys New Shares in Wells Fargo & Company $WFC

Oslo Pensjonsforsikring AS purchased a new stake in shares of Wells Fargo & Company (NYSE:WFC) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 12,386 shares of the financial services provider’s stock, valued at approximately $986,000.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Norges Bank purchased a new position in shares of Wells Fargo & Company during the fourth quarter valued at approximately $4,512,563,000. Mawer Investment Management Ltd. raised its holdings in shares of Wells Fargo & Company by 177.7% during the fourth quarter. Mawer Investment Management Ltd. now owns 4,876,127 shares of the financial services provider’s stock valued at $454,455,000 after acquiring an additional 3,120,399 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Wells Fargo & Company by 13.0% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 20,625,070 shares of the financial services provider’s stock worth $1,922,257,000 after acquiring an additional 2,369,260 shares during the period. PFA Pension Forsikringsaktieselskab purchased a new stake in Wells Fargo & Company in the fourth quarter worth $173,651,000. Finally, Capital Research Global Investors boosted its holdings in Wells Fargo & Company by 4.9% in the fourth quarter. Capital Research Global Investors now owns 37,421,387 shares of the financial services provider’s stock valued at $3,487,687,000 after acquiring an additional 1,760,484 shares in the last quarter. Hedge funds and other institutional investors own 75.90% of the company’s stock.

Wells Fargo & Company Stock Performance

Shares of WFC opened at $87.59 on Wednesday. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 1.09. The business’s 50 day moving average price is $81.95 and its 200-day moving average price is $83.59. Wells Fargo & Company has a 52 week low of $72.78 and a 52 week high of $97.76. The stock has a market cap of $268.04 billion, a P/E ratio of 12.73, a P/E/G ratio of 0.95 and a beta of 0.92.

Wells Fargo & Company Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Friday, May 8th were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend was Friday, May 8th. Wells Fargo & Company’s payout ratio is 26.16%.

Wells Fargo & Company News Roundup

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

• Positive Sentiment: Wells Fargo announced plans to raise its dividend by 11% to $0.50 per share after the Federal Reserve’s stress test showed its capital levels remained comfortably above regulatory requirements, a sign of financial strength and room for more capital returns. This High-Yield Bank Stock Just Raised Its Dividend by 11%
• Positive Sentiment: Its latest earnings call highlighted a 25% jump in EPS, with revenue growth and efficiency gains improving across multiple business lines, suggesting the bank’s turnaround is gaining traction. Wells Fargo (WFC) Q2 2026 Earnings Call Transcript
• Positive Sentiment: Commentary from Jim Cramer and broader sector-rotation views favor banks over volatile tech stocks, which can draw investor money toward Wells Fargo and other financial names. Jim Cramer Says Stop Betting on Volatile Tech Stocks and Buy These “Boring” Sectors Instead
• Positive Sentiment: Reports that banks are turning treasury and payments platforms into growth engines point to stronger fee-based revenue opportunities for Wells Fargo beyond traditional lending. Banks Turn Treasury Platforms Into Growth Engines
• Neutral Sentiment: Capital One’s strong results and improving consumer credit trends add to the positive tone for banks overall, but do not directly change Wells Fargo’s outlook. Capital One Earnings Offer Positive Signs on Consumer Health
• Negative Sentiment: Some analyst commentary after Wells Fargo’s earnings included a price target cut, which could temper enthusiasm even as the stock remains supported by improving fundamentals. Jim Cramer Explains Why Wells Fargo Stock “Was a Steal” Despite a Price Target Cut

Analysts Set New Price Targets

A number of research analysts have issued reports on WFC shares. Robert W. Baird boosted their price objective on shares of Wells Fargo & Company from $85.00 to $92.00 and gave the company a “neutral” rating in a research report on Wednesday, July 15th. HSBC raised shares of Wells Fargo & Company from a “hold” rating to a “buy” rating and set a $94.00 target price for the company in a research report on Wednesday, April 1st. KGI Securities cut shares of Wells Fargo & Company to a “hold” rating in a research report on Thursday, April 16th. JPMorgan Chase & Co. boosted their price target on shares of Wells Fargo & Company from $86.50 to $93.50 and gave the company a “neutral” rating in a research report on Monday, July 6th. Finally, Phillip Securities raised shares of Wells Fargo & Company from a “moderate buy” rating to a “strong-buy” rating in a research note on Thursday, May 7th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $98.50.

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.