Whalen Wealth Management Inc. Has $1.29 Million Stake in Wells Fargo & Company $WFC

Whalen Wealth Management Inc. grew its position in shares of Wells Fargo & Company (NYSE:WFC) by 139.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,857 shares of the financial services provider’s stock after buying an additional 8,058 shares during the quarter. Whalen Wealth Management Inc.’s holdings in Wells Fargo & Company were worth $1,291,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of the business. Hilton Capital Management LLC bought a new stake in Wells Fargo & Company in the second quarter worth about $3,656,000. Diversified Trust Co. grew its position in shares of Wells Fargo & Company by 59.7% during the 4th quarter. Diversified Trust Co. now owns 35,285 shares of the financial services provider’s stock valued at $3,289,000 after acquiring an additional 13,196 shares during the period. Mawer Investment Management Ltd. purchased a new stake in shares of Wells Fargo & Company during the 3rd quarter worth approximately $147,165,000. Guerra Advisors Inc increased its stake in shares of Wells Fargo & Company by 43.2% during the 3rd quarter. Guerra Advisors Inc now owns 38,439 shares of the financial services provider’s stock worth $3,222,000 after purchasing an additional 11,594 shares during the last quarter. Finally, AlphaQuest LLC raised its holdings in shares of Wells Fargo & Company by 1,121.0% in the 3rd quarter. AlphaQuest LLC now owns 24,079 shares of the financial services provider’s stock worth $2,018,000 after purchasing an additional 22,107 shares during the period. 75.90% of the stock is owned by institutional investors.

Insider Activity at Wells Fargo & Company

In related news, EVP Bridget E. Engle sold 30,000 shares of the business’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $87.10, for a total transaction of $2,613,000.00. Following the completion of the transaction, the executive vice president directly owned 83,478 shares in the company, valued at $7,270,933.80. The trade was a 26.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Kleber Santos sold 25,000 shares of the company’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $87.72, for a total value of $2,193,000.00. Following the completion of the transaction, the executive vice president owned 79,876 shares in the company, valued at $7,006,722.72. This represents a 23.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 115,000 shares of company stock valued at $10,050,000. Company insiders own 0.08% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. CICC Research assumed coverage on Wells Fargo & Company in a research note on Wednesday, January 14th. They issued a “market perform” rating and a $96.00 price objective on the stock. Keefe, Bruyette & Woods boosted their target price on Wells Fargo & Company from $92.00 to $101.00 and gave the company a “market perform” rating in a research note on Wednesday, December 17th. Argus upped their price target on Wells Fargo & Company from $94.00 to $101.00 and gave the company a “buy” rating in a research report on Thursday, January 15th. TD Cowen cut their price target on Wells Fargo & Company from $102.00 to $100.00 and set a “hold” rating for the company in a research note on Thursday, January 15th. Finally, Truist Financial decreased their price objective on Wells Fargo & Company from $98.00 to $94.00 and set a “buy” rating for the company in a report on Tuesday, March 17th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $98.13.

Wells Fargo & Company Price Performance

Shares of NYSE:WFC opened at $80.75 on Friday. The company has a 50 day moving average of $83.81 and a 200 day moving average of $86.17. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 1.05. The stock has a market cap of $249.17 billion, a P/E ratio of 12.88, a P/E/G ratio of 0.86 and a beta of 1.06. Wells Fargo & Company has a 12 month low of $58.42 and a 12 month high of $97.76.

Wells Fargo & Company (NYSE:WFC) last announced its quarterly earnings results on Wednesday, January 14th. The financial services provider reported $1.76 EPS for the quarter, beating the consensus estimate of $1.66 by $0.10. The firm had revenue of $21.29 billion during the quarter, compared to the consensus estimate of $21.63 billion. Wells Fargo & Company had a net margin of 17.27% and a return on equity of 12.90%. The business’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same period last year, the firm earned $1.43 EPS. As a group, sell-side analysts forecast that Wells Fargo & Company will post 5.89 EPS for the current fiscal year.

Wells Fargo & Company Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Sunday, March 1st. Investors of record on Friday, February 6th were paid a dividend of $0.45 per share. The ex-dividend date of this dividend was Friday, February 6th. This represents a $1.80 annualized dividend and a yield of 2.2%. Wells Fargo & Company’s dividend payout ratio (DPR) is currently 28.71%.

Key Headlines Impacting Wells Fargo & Company

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

• Positive Sentiment: HSBC upgraded WFC to a “Buy,” giving the stock direct analyst support that can attract inflows and counterbalance negative headlines. Article Title
• Neutral Sentiment: Wells Fargo research continues to move markets — the firm trimmed price targets on Fiserv and Meta and initiated coverage on other names, signaling active trading/research revenue but also a cautious view on sector valuations. Article Title
• Neutral Sentiment: Wells Fargo trimmed its price target on Meta ahead of earnings — a signal of near-term caution from its equities desk rather than a direct impact on WFC fundamentals. Article Title
• Neutral Sentiment: Zacks flagged heightened investor attention on WFC, which can amplify price moves as traders react to news and analyst notes. Article Title
• Neutral Sentiment: Wells Fargo’s coverage expansion (example: initiating coverage on CACI) underscores its investment-banking/research activity, which is a modest positive for fee-related revenue but not an immediate driver of WFC share moves. Article Title
• Negative Sentiment: CEO Charlie Scharf warned simply “Reasons to worry” about the economy, injecting executive-level caution that can pressure bank shares sensitive to macro and credit-cycle concerns. Article Title
• Negative Sentiment: Wells Fargo’s markets head (Kwon) warned of continued volatility and an unfavorable backdrop over coming months, a comment that highlights downside risk to trading and capital markets revenue. Article Title
• Negative Sentiment: Morgan Stanley cut its price target on WFC to $100, a formal analyst downgrade that can cap upside and influence investor sentiment. Article Title
• Negative Sentiment: Broader macro stress from the ongoing Middle East conflict continues to sap risk appetite, lift oil and bond volatility, and raise recession/loan-loss fears that typically weigh on bank equities. Article Title

About Wells Fargo & Company

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.