Wells Fargo & Company $WFC Shares Acquired by SteelPeak Wealth LLC

Posted by Brian Himes on Jul 17th, 2026

SteelPeak Wealth LLC lifted its holdings in shares of Wells Fargo & Company (NYSE:WFC) by 27.4% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 51,328 shares of the financial services provider’s stock after buying an additional 11,024 shares during the period. SteelPeak Wealth LLC’s holdings in Wells Fargo & Company were worth $4,086,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Independent Financial Group LLC bought a new position in Wells Fargo & Company in the first quarter worth about $1,708,000. Prosperity Consulting Group LLC grew its holdings in shares of Wells Fargo & Company by 4.6% during the first quarter. Prosperity Consulting Group LLC now owns 13,073 shares of the financial services provider’s stock valued at $1,041,000 after purchasing an additional 570 shares during the last quarter. Frazier Financial Advisors LLC grew its holdings in shares of Wells Fargo & Company by 18.2% during the first quarter. Frazier Financial Advisors LLC now owns 1,815 shares of the financial services provider’s stock valued at $144,000 after purchasing an additional 279 shares during the last quarter. Aware Super Pty Ltd as trustee of Aware Super acquired a new stake in shares of Wells Fargo & Company during the 1st quarter worth approximately $18,023,000. Finally, W.G. Shaheen & Associates DBA Whitney & Co raised its position in shares of Wells Fargo & Company by 26.8% during the 1st quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 10,323 shares of the financial services provider’s stock worth $822,000 after purchasing an additional 2,183 shares during the period. Institutional investors and hedge funds own 75.90% of the company’s stock.

Wells Fargo & Company Stock Performance

Shares of NYSE WFC opened at $87.89 on Friday. Wells Fargo & Company has a 1 year low of $72.78 and a 1 year high of $97.76. The firm has a market cap of $268.98 billion, a P/E ratio of 12.78, a PEG ratio of 1.00 and a beta of 0.92. The stock has a fifty day moving average price of $81.20 and a two-hundred day moving average price of $83.74. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.90 and a current ratio of 0.90.

Wells Fargo & Company (NYSE:WFC – Get Free Report) last posted its quarterly earnings data on Tuesday, April 14th. The financial services provider reported $1.60 EPS for the quarter, topping analysts’ consensus estimates of $1.58 by $0.02. The company had revenue of $11.62 billion for the quarter, compared to the consensus estimate of $21.85 billion. Wells Fargo & Company had a return on equity of 13.85% and a net margin of 17.55%.The company’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.39 EPS. Research analysts forecast that Wells Fargo & Company will post 7.02 EPS for the current fiscal 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 issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend was Friday, May 8th. Wells Fargo & Company’s payout ratio is presently 26.16%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on WFC. Bank of America raised their price target on Wells Fargo & Company from $95.00 to $102.00 and gave the stock a “buy” rating in a report on Tuesday, July 7th. Piper Sandler restated an “overweight” rating and set a $94.00 price objective (down from $100.00) on shares of Wells Fargo & Company in a research note on Wednesday, April 15th. Barclays dropped their target price on Wells Fargo & Company from $113.00 to $108.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 15th. Raymond James Financial reiterated a “market perform” rating on shares of Wells Fargo & Company in a research note on Tuesday. Finally, UBS Group reduced their price target on shares of Wells Fargo & Company from $105.00 to $104.00 and set a “buy” rating for the company in a report on Tuesday, July 7th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Wells Fargo & Company presently has an average rating of “Moderate Buy” and a consensus price target of $98.50.

Check Out Our Latest Report on Wells Fargo & Company

Key Stories Impacting Wells Fargo & Company

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

Positive Sentiment: Wells Fargo’s Q2 results topped expectations, helped by stronger lending activity, higher net interest income, and solid fee growth, which has reinforced the view that the bank is benefiting from a supportive operating backdrop. Wells Fargo (WFC) Had a Better Q2 than the Market Expected
Positive Sentiment: The company also announced plans to increase its third-quarter common dividend by 11% to $0.50 per share, reinforcing capital-return appeal for income-focused investors. Wells Fargo intends to hike Q3 common stock dividend by 11% to $0.50
Positive Sentiment: Several analysts remain upbeat, with one reiterating a Buy rating and keeping a $102 price target, citing re-rating potential after the earnings beat. Wells Fargo: Buy Rating Reiterated as Analyst Sees Re-Rating Potential and Keeps $102 Price Target Unchanged

Wells Fargo & 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.