Strategic Investment Advisors MI Has $1.21 Million Position in Wells Fargo & Company $WFC

Strategic Investment Advisors MI increased its stake in Wells Fargo & Company (NYSE:WFC) by 81.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,135 shares of the financial services provider’s stock after purchasing an additional 6,776 shares during the period. Strategic Investment Advisors MI’s holdings in Wells Fargo & Company were worth $1,205,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Nixon Peabody Trust Co. raised its holdings in Wells Fargo & Company by 3.6% during the 4th quarter. Nixon Peabody Trust Co. now owns 3,351 shares of the financial services provider’s stock worth $312,000 after purchasing an additional 115 shares during the last quarter. Simmons Bank boosted its stake in shares of Wells Fargo & Company by 1.9% in the 4th quarter. Simmons Bank now owns 6,359 shares of the financial services provider’s stock valued at $593,000 after purchasing an additional 116 shares during the last quarter. Moss Adams Wealth Advisors LLC boosted its stake in shares of Wells Fargo & Company by 1.0% in the 4th quarter. Moss Adams Wealth Advisors LLC now owns 12,048 shares of the financial services provider’s stock valued at $1,123,000 after purchasing an additional 117 shares during the last quarter. Wood Tarver Financial Group LLC grew its position in shares of Wells Fargo & Company by 1.6% during the 4th quarter. Wood Tarver Financial Group LLC now owns 7,754 shares of the financial services provider’s stock worth $722,000 after buying an additional 120 shares during the period. Finally, Mine & Arao Wealth Creation & Management LLC. grew its position in shares of Wells Fargo & Company by 0.4% during the 4th quarter. Mine & Arao Wealth Creation & Management LLC. now owns 32,410 shares of the financial services provider’s stock worth $3,021,000 after buying an additional 122 shares during the period. Institutional investors and hedge funds own 75.90% of the company’s stock.

Analyst Ratings Changes

WFC has been the topic of a number of recent research reports. Keefe, Bruyette & Woods reduced their price objective on shares of Wells Fargo & Company from $98.00 to $94.00 and set a “market perform” rating on the stock in a research note on Wednesday, July 15th. Wall Street Zen upgraded Wells Fargo & Company from a “sell” rating to a “hold” rating in a research report on Sunday, June 14th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Wells Fargo & Company in a research note on Friday, July 17th. UBS Group dropped their price objective on Wells Fargo & Company from $105.00 to $104.00 and set a “buy” rating for the company in a report on Tuesday, July 7th. Finally, Robert W. Baird increased their target price on Wells Fargo & Company from $85.00 to $92.00 and gave the company a “neutral” rating in a research note on Wednesday, July 15th. Two research 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 data from MarketBeat, Wells Fargo & Company has a consensus rating of “Moderate Buy” and an average target price of $98.61.

Trending Headlines about Wells Fargo & Company

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

• Positive Sentiment: Wells Fargo raised its quarterly dividend to $0.50 per share from $0.45, an 11.1% increase. The dividend implies an annualized payout of $2.00 per share and a yield of approximately 2.4%, potentially improving the stock’s appeal to income-focused investors. The ex-dividend date is August 7, with payment scheduled for September 1. Wells Fargo dividend announcement
• Positive Sentiment: JPMorgan raised its price target for WFC from $93.50 to $95.50, indicating meaningful potential upside from recent trading levels. Although JPMorgan maintained a “neutral” rating, the higher target reflects improved valuation expectations. JPMorgan raises Wells Fargo price target
• Positive Sentiment: Strong second-quarter results from major U.S. banks, driven by trading, lending, and investment-banking activity, are supporting sentiment across financial stocks and may reinforce expectations for solid operating trends at Wells Fargo. Big banks deliver strong second-quarter results
• Neutral Sentiment: Wells Fargo analysts remain active in the market, including a Buy reiteration on Waystar after strong results and a guidance increase. This highlights the firm’s research visibility but has no direct earnings impact on WFC. Wells Fargo analyst reiterates Waystar Buy rating
• Negative Sentiment: WFC recently underperformed its banking peers and has lagged the broader market over the past year, signaling that investors remain cautious despite the dividend increase and higher price target. Wells Fargo underperforms competitors

Wells Fargo & Company Stock Performance

Shares of Wells Fargo & Company stock opened at $85.39 on Friday. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.90 and a quick ratio of 0.90. The firm has a market cap of $258.21 billion, a price-to-earnings ratio of 12.41, a price-to-earnings-growth ratio of 0.91 and a beta of 0.92. The stock’s 50-day moving average is $83.57 and its 200-day moving average is $83.14. Wells Fargo & Company has a one year low of $72.78 and a one year high of $97.76.

Wells Fargo & Company Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 7th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 2.3%. The ex-dividend date is Friday, August 7th. This is a positive change from Wells Fargo & Company’s previous quarterly dividend of $0.45. Wells Fargo & Company’s dividend payout ratio (DPR) is presently 26.16%.

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.