IFM Investors Pty Ltd Raises Holdings in Wells Fargo & Company $WFC

Posted by Stanley Muller on Jul 1st, 2026

IFM Investors Pty Ltd increased its stake in shares of Wells Fargo & Company (NYSE:WFC) by 2.2% in the 1st quarter, HoldingsChannel reports. The firm owned 619,063 shares of the financial services provider’s stock after buying an additional 13,167 shares during the quarter. IFM Investors Pty Ltd’s holdings in Wells Fargo & Company were worth $49,284,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Private Wealth Group LLC raised its holdings in shares of Wells Fargo & Company by 2.5% in the fourth quarter. Private Wealth Group LLC now owns 4,514 shares of the financial services provider’s stock worth $421,000 after acquiring an additional 108 shares during the last quarter. Nixon Peabody Trust Co. increased its position 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 in the last quarter. Simmons Bank increased its position in Wells Fargo & Company by 1.9% during the 4th quarter. Simmons Bank now owns 6,359 shares of the financial services provider’s stock worth $593,000 after purchasing an additional 116 shares in the last quarter. Moss Adams Wealth Advisors LLC raised its stake in 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. Finally, Wood Tarver Financial Group LLC raised its stake in Wells Fargo & Company by 1.6% in the 4th quarter. Wood Tarver Financial Group LLC now owns 7,754 shares of the financial services provider’s stock valued at $722,000 after purchasing an additional 120 shares during the last quarter. Institutional investors and hedge funds own 75.90% of the company’s stock.

More Wells Fargo & Company News

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

Positive Sentiment: Wells Fargo said it plans an 11% dividend increase and ongoing share repurchases after passing the 2026 Federal Reserve stress test, reinforcing confidence in its capital strength and supporting the case for more cash returned to investors. Article Title
Positive Sentiment: Wells Fargo also issued a bullish market view, telling investors to get ready for a summer rally and arguing that recent volatility was likely temporary, which may have helped sentiment around the bank and its outlook for trading and investment banking activity. Article Title
Positive Sentiment: Broader bank-news coverage noted that large U.S. banks passing the Fed stress tests are rewarding shareholders with higher dividends and buybacks, which can lift expectations for Wells Fargo’s own capital return trajectory. Article Title
Neutral Sentiment: Wells Fargo was also mentioned in unrelated coverage about AMD, Nextpower, Bloom Energy, and other companies, but those stories do not appear to have a direct fundamental impact on WFC. Article Title

Wells Fargo & Company Stock Performance

Shares of WFC stock opened at $82.66 on Wednesday. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.90 and a current ratio of 0.90. The firm has a market capitalization of $252.95 billion, a price-to-earnings ratio of 12.76, a price-to-earnings-growth ratio of 0.96 and a beta of 0.93. Wells Fargo & Company has a one year low of $72.78 and a one year high of $97.76. The company has a 50 day moving average price of $79.79 and a 200 day moving average price of $84.32.

Wells Fargo & Company (NYSE:WFC – Get Free Report) last announced its quarterly earnings results on Tuesday, April 14th. The financial services provider reported $1.60 earnings per share for the quarter, beating analysts’ consensus estimates of $1.58 by $0.02. Wells Fargo & Company had a net margin of 17.26% and a return on equity of 13.27%. The company had revenue of $11.62 billion for the quarter, compared to analyst estimates of $21.85 billion. During the same quarter last year, the business earned $1.39 EPS. Wells Fargo & Company’s revenue for the quarter was up 6.4% on a year-over-year basis. Sell-side analysts anticipate that Wells Fargo & Company will post 6.99 EPS 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 given a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend was Friday, May 8th. Wells Fargo & Company’s dividend payout ratio (DPR) is 27.78%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on WFC shares. KGI Securities cut shares of Wells Fargo & Company to a “hold” rating in a research note on Thursday, April 16th. Evercore restated an “outperform” rating on shares of Wells Fargo & Company in a research report on Friday, March 6th. Barclays cut their price target on Wells Fargo & Company from $113.00 to $108.00 and set an “overweight” rating for the company in a report on Wednesday, April 15th. Jefferies Financial Group initiated coverage on Wells Fargo & Company in a report on Thursday, March 26th. They set a “buy” rating and a $100.00 price objective on the stock. Finally, HSBC raised Wells Fargo & Company from a “hold” rating to a “buy” rating and set a $94.00 price objective for the company in a research report on Wednesday, April 1st. Two equities 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. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $98.34.

Check Out Our Latest Report on Wells Fargo & Company

About Wells Fargo & Company

(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.