Hikari Power Ltd Trims Position in Wells Fargo & Company $WFC

Hikari Power Ltd cut its stake in shares of Wells Fargo & Company (NYSE:WFC) by 93.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,000 shares of the financial services provider’s stock after selling 93,070 shares during the period. Hikari Power Ltd’s holdings in Wells Fargo & Company were worth $557,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of WFC. Norges Bank bought a new position in Wells Fargo & Company in the 4th quarter valued at $4,512,563,000. Capital Research Global Investors increased its holdings in shares of 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 worth $3,487,687,000 after purchasing an additional 1,760,484 shares during the period. Legal & General Group Plc increased its holdings in shares of Wells Fargo & Company by 0.9% in the fourth quarter. Legal & General Group Plc now owns 21,197,423 shares of the financial services provider’s stock worth $1,975,600,000 after purchasing an additional 188,186 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of 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 buying an additional 2,369,260 shares in the last quarter. Finally, Boston Partners raised its position in shares of Wells Fargo & Company by 5.2% in the fourth quarter. Boston Partners now owns 9,606,215 shares of the financial services provider’s stock worth $895,466,000 after buying an additional 477,745 shares in the last quarter. 75.90% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. HSBC upgraded 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. Raymond James Financial began coverage on Wells Fargo & Company in a research report on Wednesday. They set a “market perform” rating for the company. UBS Group cut 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. Truist Financial upped their price objective on shares of Wells Fargo & Company from $90.00 to $94.00 and gave the stock a “buy” rating in a research report on Friday, June 26th. Finally, KGI Securities downgraded shares of Wells Fargo & Company to a “hold” rating in a research note on Thursday, April 16th. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $98.34.

Wells Fargo & Company Price Performance

WFC opened at $85.70 on Thursday. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.90 and a quick ratio of 0.90. The stock’s 50 day simple moving average is $80.44 and its 200 day simple moving average is $84.06. The firm has a market cap of $262.26 billion, a price-to-earnings ratio of 13.23, a PEG ratio of 1.00 and a beta of 0.92. Wells Fargo & Company has a 1 year low of $72.78 and a 1 year high of $97.76.

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

Wells Fargo & Company Dividend Announcement

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

Trending Headlines about Wells Fargo & Company

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

• Positive Sentiment: Bank of America raised its price target on Wells Fargo & Company (WFC) to $102 and kept a buy rating, signaling confidence in further upside.
• Positive Sentiment: UBS also maintained a buy rating and lifted its target to $104, reinforcing the bullish analyst backdrop for WFC.
• Positive Sentiment: Wells Fargo is expected to report second-quarter 2026 earnings on July 14, and preview notes suggest investors are focused on net interest margin trends and possible earnings strength.
• Positive Sentiment: Broader enthusiasm for financial stocks ahead of Q2 results is supporting the group, with analysts pointing to strong trading and fee income trends across large banks.
• Neutral Sentiment: Raymond James initiated coverage of Wells Fargo with a market perform rating, which adds a more cautious voice but does not materially change the overall positive analyst tone.
• Neutral Sentiment: Wells Fargo’s recent bond issuance activity and valuation discussions suggest investors are also weighing capital-market activity and fair-value arguments, but these items are not as immediate a catalyst as earnings.

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.