Wells Fargo & Company $WFC Stock Position Increased by Taikang Asset Management Hong Kong Co Ltd

Posted by George Bondi on Jun 17th, 2026

Taikang Asset Management Hong Kong Co Ltd boosted its position in Wells Fargo & Company (NYSE:WFC) by 21.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 49,915 shares of the financial services provider’s stock after purchasing an additional 8,774 shares during the quarter. Taikang Asset Management Hong Kong Co Ltd’s holdings in Wells Fargo & Company were worth $4,652,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of WFC. Godfrey Financial Associates Inc. acquired a new position in Wells Fargo & Company during the 4th quarter valued at about $25,000. Navalign LLC acquired a new position in Wells Fargo & Company during the 4th quarter valued at about $26,000. Redmont Wealth Advisors LLC acquired a new position in Wells Fargo & Company during the 3rd quarter valued at about $27,000. Joseph Group Capital Management acquired a new position in Wells Fargo & Company during the 4th quarter valued at about $28,000. Finally, Core Wealth Advisors LLC acquired a new position in Wells Fargo & Company during the 4th quarter valued at about $29,000. 75.90% of the stock is currently owned by institutional investors.

Wells Fargo & Company News Summary

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

Positive Sentiment: Wells Fargo raised its year-end 2026 S&P 500 target to 7,950 from 7,300, citing stronger corporate earnings, easing macro risks after the U.S.-Iran interim deal, and improved investor sentiment. That call supports a more upbeat tone for the broader market and reflects Wells Fargo’s more optimistic view of the economy. Article Title
Positive Sentiment: Wells Fargo was selected as the preferred mortgage lender for ICON’s 3D-printed homes, a partnership that expands its role in affordable housing finance and creates a new growth angle tied to innovative construction methods. Article Title
Neutral Sentiment: The NAHB/Wells Fargo Housing Market Index fell to 35 in June from 37 in May, showing homebuilder confidence weakened as mortgage rates and materials costs stayed elevated. This is more of a mixed signal for Wells Fargo’s housing-related business than a clear negative. Article Title
Neutral Sentiment: Recent market commentary also noted Wells Fargo stock has been advancing while the broader market softened, reinforcing that WFC is benefiting from supportive sentiment rather than a single company-specific earnings surprise. Article Title

Analysts Set New Price Targets

Several equities analysts have commented on WFC shares. Jefferies Financial Group started coverage on shares of Wells Fargo & Company in a research note on Thursday, March 26th. They set a “buy” rating and a $100.00 target price on the stock. Piper Sandler reissued an “overweight” rating and set a $94.00 target price (down from $100.00) on shares of Wells Fargo & Company in a research note on Wednesday, April 15th. KGI Securities cut shares of Wells Fargo & Company to a “hold” rating in a research note on Thursday, April 16th. The Goldman Sachs Group lowered their target price on shares of Wells Fargo & Company from $109.00 to $93.00 and set a “buy” rating on the stock in a research note on Monday, March 23rd. Finally, Evercore reaffirmed an “outperform” rating on shares of Wells Fargo & Company in a research note on Friday, March 6th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Wells Fargo & Company has an average rating of “Moderate Buy” and an average target price of $97.53.

Check Out Our Latest Stock Analysis on WFC

Wells Fargo & Company Stock Performance

Shares of WFC opened at $84.96 on Wednesday. The firm’s 50 day moving average is $79.69 and its 200-day moving average is $84.64. The stock has a market capitalization of $260.00 billion, a P/E ratio of 13.11, a P/E/G ratio of 0.97 and a beta of 0.93. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.90 and a quick ratio of 0.90. Wells Fargo & Company has a 12-month low of $72.30 and a 12-month high of $97.76.

Wells Fargo & Company (NYSE:WFC – Get Free Report) last announced its quarterly earnings data on Tuesday, April 14th. The financial services provider reported $1.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.58 by $0.02. The company had revenue of $11.62 billion for the quarter, compared to analysts’ expectations of $21.85 billion. Wells Fargo & Company had a net margin of 17.26% and a return on equity of 13.27%. The business’s revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.39 EPS. Equities research analysts anticipate that Wells Fargo & Company will post 6.84 EPS for the current fiscal year.

Wells Fargo & Company Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Friday, May 8th were given 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 dividend payout ratio (DPR) is 27.78%.

Wells Fargo & Company Company Profile

(Free Report)

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.