Townsquare Capital LLC Lowers Position in Wells Fargo & Company $WFC

Townsquare Capital LLC lessened its position in shares of Wells Fargo & Company (NYSE:WFC) by 12.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 82,083 shares of the financial services provider’s stock after selling 11,202 shares during the period. Wells Fargo & Company accounts for 1.0% of Townsquare Capital LLC’s investment portfolio, making the stock its 21st largest position. Townsquare Capital LLC’s holdings in Wells Fargo & Company were worth $6,880,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Access Investment Management LLC purchased a new stake in Wells Fargo & Company during the 2nd quarter worth about $25,000. McElhenny Sheffield Capital Management LLC purchased a new stake in shares of Wells Fargo & Company during the second quarter valued at approximately $27,000. Marquette Asset Management LLC lifted its stake in shares of Wells Fargo & Company by 472.4% in the 3rd quarter. Marquette Asset Management LLC now owns 332 shares of the financial services provider’s stock worth $28,000 after purchasing an additional 274 shares during the period. Grey Fox Wealth Advisors LLC bought a new position in shares of Wells Fargo & Company during the third quarter worth $30,000. Finally, Kilter Group LLC purchased a new stake in Wells Fargo & Company during the second quarter valued at $31,000. 75.90% of the stock is currently owned by institutional investors.

Key Wells Fargo & Company News

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

• Positive Sentiment: Wells Fargo’s direct‑lending venture with Centerbridge has put together more than $7 billion of deals since launch, signaling strong origination and fee/interest income potential from private‑credit partnerships. Wells Fargo and Centerbridge Venture Has Inked $7 Billion in Deals
• Positive Sentiment: Overland Advantage — a vehicle that leverages Wells Fargo’s middle‑market sourcing — financed roughly $4.0B across 18 transactions in 2025, underscoring WFC’s sourcing footprint and potential fee/revenue upside from middle‑market activity. Overland Advantage Finances ~$4B Across 18 Transactions
• Positive Sentiment: Wells Fargo rolled out an in‑house proxy voting system to reduce reliance on third‑party proxy advisors — a move that may lower costs, give the bank more control over stewardship for client assets, and align with peers’ shifts amid regulatory scrutiny. Wells Fargo Launches In‑House Voting System
• Neutral Sentiment: Wells Fargo research flagged a potential near‑term slowdown in AI capex growth for the tech sector — research commentary that may color macro/sector views but doesn’t directly change WFC’s fundamentals. The $600 Billion Wave of AI Capex Growth Will Slow
• Neutral Sentiment: Wells Fargo analysts continue publishing sector coverage (e.g., Alnylam revenue estimate lift; Mosaic near‑term commentary). These research notes reflect the bank’s analyst franchise but are unlikely to drive large moves in WFC shares by themselves. Wells Fargo Sees Near‑Term Pressure at Mosaic Wells Fargo Raises Alnylam Revenue Estimates
• Neutral Sentiment: BMO Capital Markets hired a Wells Fargo executive (Malik) as operating chief — a talent loss to monitor but not material to WFC’s core banking outlook. BMO Capital Markets Hires Wells Fargo’s Malik
• Negative Sentiment: Wells Fargo awarded CEO Charlie Scharf $40M for 2025 (a 28% increase), a governance/headline risk that can pressure sentiment and invite investor scrutiny about pay vs. performance. Wells Fargo CEO Gets 28% Pay Boost
• Negative Sentiment: Several broker notes trimmed Wells Fargo price targets (Truist, Evercore referenced), which can create near‑term selling pressure despite many analysts remaining constructive on the bank’s medium‑term prospects. Truist and Evercore Lower Wells Fargo Price Targets

Analyst Ratings Changes

WFC has been the subject of several recent research reports. Freedom Capital downgraded Wells Fargo & Company from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 15th. 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 target price on the stock. Wall Street Zen raised shares of Wells Fargo & Company from a “sell” rating to a “hold” rating in a research report on Saturday, October 4th. UBS Group cut their price target on shares of Wells Fargo & Company from $95.00 to $93.00 and set a “buy” rating on the stock in a report on Tuesday, October 7th. Finally, Dbs Bank upgraded Wells Fargo & Company to a “moderate buy” rating in a report on Tuesday, October 21st. Thirteen investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $94.87.

Wells Fargo & Company Price Performance

Wells Fargo & Company stock opened at $90.53 on Friday. The company has a 50-day moving average price of $90.76 and a 200 day moving average price of $85.16. Wells Fargo & Company has a 12-month low of $58.42 and a 12-month high of $97.76. The company has a current ratio of 0.90, a quick ratio of 0.84 and a debt-to-equity ratio of 1.05. The stock has a market cap of $284.19 billion, a P/E ratio of 14.44, a PEG ratio of 0.96 and a beta of 1.09.

Wells Fargo & Company (NYSE:WFC) last announced its quarterly earnings data on Wednesday, January 14th. The financial services provider reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.66 by $0.10. Wells Fargo & Company had a net margin of 17.27% and a return on equity of 12.90%. The company had revenue of $11.97 billion for the quarter, compared to the consensus estimate of $21.63 billion. During the same period in the prior year, the firm posted $1.43 EPS. The company’s quarterly revenue was up 4.5% compared to the same quarter last year. Sell-side analysts anticipate that Wells Fargo & Company will post 5.89 earnings per share for the current year.

Wells Fargo & Company Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, March 1st. Investors of record on Friday, February 6th will be issued a dividend of $0.45 per share. The ex-dividend date of this dividend is Friday, February 6th. This represents a $1.80 annualized dividend and a yield of 2.0%. Wells Fargo & Company’s payout ratio is currently 28.71%.

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.