Mn Services Vermogensbeheer B.V. Acquires 14,600 Shares of Wells Fargo & Company $WFC

Mn Services Vermogensbeheer B.V. boosted its holdings in shares of Wells Fargo & Company (NYSE:WFC) by 1.6% in the 3rd quarter, Holdings Channel reports. The fund owned 907,481 shares of the financial services provider’s stock after acquiring an additional 14,600 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Wells Fargo & Company were worth $72,644,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Diversified Management Inc. grew its position in shares of Wells Fargo & Company by 170.2% in the third quarter. Diversified Management Inc. now owns 14,197 shares of the financial services provider’s stock valued at $1,136,000 after purchasing an additional 8,942 shares in the last quarter. First Heartland Consultants Inc. lifted its position in Wells Fargo & Company by 2.6% during the third quarter. First Heartland Consultants Inc. now owns 9,407 shares of the financial services provider’s stock worth $753,000 after buying an additional 241 shares in the last quarter. GAMMA Investing LLC lifted its position in Wells Fargo & Company by 13.8% during the third quarter. GAMMA Investing LLC now owns 81,412 shares of the financial services provider’s stock worth $6,517,000 after buying an additional 9,897 shares in the last quarter. Artemis Investment Management LLP boosted its stake in Wells Fargo & Company by 33.6% during the third quarter. Artemis Investment Management LLP now owns 127,539 shares of the financial services provider’s stock worth $10,209,000 after buying an additional 32,050 shares during the last quarter. Finally, YHB Investment Advisors Inc. boosted its stake in Wells Fargo & Company by 1.8% during the third quarter. YHB Investment Advisors Inc. now owns 26,045 shares of the financial services provider’s stock worth $2,085,000 after buying an additional 460 shares during the last quarter. Institutional investors and hedge funds own 75.90% of the company’s stock.

Trending Headlines about Wells Fargo & Company

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

• Positive Sentiment: TD Cowen initiated coverage with a Buy rating and a $95 price target, implying meaningful upside from recent trading levels. TD Cowen Wells Fargo analyst coverage
• Positive Sentiment: Options activity was unusually strong, with traders purchasing 88,948 WFC call contracts—more than double the average daily volume. This suggests increased short-term bullish speculation, though options activity is not a guarantee of future gains.
• Positive Sentiment: Morgan Stanley recently upgraded Wells Fargo to Overweight, named it a top pick, and assigned a $102 target, reinforcing the view that the stock’s valuation may be attractive after its recent reset. Morgan Stanley Wells Fargo upgrade
• Neutral Sentiment: Wells Fargo is reportedly discussing a potential agreement with Kraken parent Payward to provide liquidity for crypto trading. The deal could expand fee-generating capabilities, but discussions are preliminary, unconfirmed, and carry regulatory and execution risks. Wells Fargo Payward crypto liquidity discussions
• Neutral Sentiment: Analysts are preparing for Wells Fargo’s third-quarter 2026 results, with attention on revenue, net interest income, credit quality, and expense trends. The earnings preview itself does not provide a new estimate or guidance change. Wells Fargo third-quarter earnings preview
• Negative Sentiment: The Department of Housing and Urban Development is investigating whether Wells Fargo’s programs intended to increase Black and minority homeownership violated fair-lending laws. The probe creates potential legal costs, reputational damage, and renewed concerns about regulatory scrutiny—pressuring the stock after the report. Wells Fargo HUD lending probe
• Negative Sentiment: Analysts note that sharply rising bond yields can pressure banks through higher funding costs, unrealized securities losses, and weaker loan demand ahead of third-quarter results. Banks under pressure from rising yields

Analysts Set New Price Targets

Several analysts have issued reports on WFC shares. Truist Financial upped their target price on Wells Fargo & Company from $94.00 to $95.00 and gave the company a “buy” rating in a report on Thursday, October 1st. Robert W. Baird lifted their price target on Wells Fargo & Company from $85.00 to $92.00 and gave the stock a “neutral” rating in a report on Wednesday, July 15th. HSBC began coverage on shares of Wells Fargo & Company in a report on Monday, September 28th. They issued a “buy” rating and a $108.00 price objective for the company. Morgan Stanley upgraded shares of Wells Fargo & Company from an “equal weight” rating to an “overweight” rating and set a $102.00 price objective for the company in a research report on Monday. Finally, Bank of America lifted their target price on shares of Wells Fargo & Company from $95.00 to $102.00 and gave the stock a “buy” rating in a research note on Tuesday, July 7th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, Wells Fargo & Company has an average rating of “Moderate Buy” and an average target price of $99.47.

Wells Fargo & Company Price Performance

Shares of WFC opened at $82.08 on Friday. The firm has a 50-day simple moving average of $85.89 and a two-hundred day simple moving average of $83.18. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.90 and a quick ratio of 0.90. Wells Fargo & Company has a 1-year low of $72.78 and a 1-year high of $97.76. The stock has a market cap of $248.23 billion, a PE ratio of 11.93, a P/E/G ratio of 0.86 and a beta of 0.96.

Wells Fargo & Company (NYSE:WFC) last posted its earnings results on Tuesday, July 14th. The financial services provider reported $1.96 earnings per share for the quarter, beating the consensus estimate of $1.73 by $0.23. The firm had revenue of $22.62 billion during the quarter, compared to the consensus estimate of $21.86 billion. Wells Fargo & Company had a net margin of 17.55% and a return on equity of 13.85%. The firm’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same quarter last year, the firm earned $1.60 EPS. As a group, analysts forecast that Wells Fargo & Company will post 7.27 EPS for the current year.

Wells Fargo & Company Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Friday, August 7th were issued a $0.50 dividend. The ex-dividend date was Friday, August 7th. This represents a $2.00 annualized dividend and a dividend yield of 2.4%. This is a boost from Wells Fargo & Company’s previous quarterly dividend of $0.45. Wells Fargo & Company’s dividend payout ratio (DPR) is presently 29.07%.

Wells Fargo & Company Company Profile

Wells Fargo & Company (NYSE: WFC) is a diversified financial services company that provides banking, lending, investment, and wealth management services to individuals, businesses, institutions, and government entities. Its offerings include checking and savings accounts, credit cards, personal and commercial loans, mortgages, payment services, and other deposit and credit products.

The company also provides investment banking, capital markets, brokerage, advisory, asset management, and retirement services through its corporate and investment banking and wealth and investment management businesses.