10,924 Wells Fargo & Company $WFC Shares Bought by Oppenheimer & Co. Inc.

Posted by Francis Steltz on Oct 30th, 2026

Oppenheimer & Co. Inc. increased its stake in shares of Wells Fargo & Company (NYSE:WFC – Free Report) by 21.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 61,954 shares of the financial services provider’s stock after acquiring an additional 10,924 shares during the period. Oppenheimer & Co. Inc.’s holdings in Wells Fargo & Company were worth $4,959,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Bryn Mawr Trust Advisors LLC acquired a new position in shares of Wells Fargo & Company during the 2nd quarter worth about $658,000. WINTON GROUP Ltd bought a new position in shares of Wells Fargo & Company in the 2nd quarter valued at about $16,259,000. Citizens Financial Group Inc. RI bought a new position in shares of Wells Fargo & Company in the 2nd quarter valued at about $25,922,000. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Wells Fargo & Company in the second quarter valued at about $1,116,000. Finally, Whalen Wealth Management Inc. acquired a new stake in shares of Wells Fargo & Company in the second quarter valued at about $1,190,000. 75.90% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

WFC has been the subject of several recent analyst reports. Morgan Stanley cut their price objective on Wells Fargo & Company from $102.00 to $101.00 and set an “overweight” rating for the company in a report on Wednesday, October 14th. The Goldman Sachs Group set a $94.00 price target on shares of Wells Fargo & Company in a research report on Tuesday, October 13th. UBS Group dropped their price target on shares of Wells Fargo & Company from $104.00 to $102.00 and set a “buy” rating on the stock in a research report on Monday, October 5th. TD Cowen assumed coverage on shares of Wells Fargo & Company in a research note on Thursday, October 8th. They issued a “buy” rating and a $95.00 price target for the company. Finally, Robert W. Baird lifted their price objective on shares of Wells Fargo & Company from $85.00 to $92.00 and gave the company a “neutral” rating in a research report on Wednesday, July 15th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $98.08.

Read Our Latest Stock Analysis on WFC

Wells Fargo & Company Stock Performance

WFC opened at $84.76 on Friday. The company has a quick ratio of 0.90, a current ratio of 0.89 and a debt-to-equity ratio of 1.14. Wells Fargo & Company has a 12-month low of $72.78 and a 12-month high of $97.76. The business has a 50 day moving average of $84.33 and a 200-day moving average of $83.76. The stock has a market cap of $256.31 billion, a price-to-earnings ratio of 11.95, a PEG ratio of 0.90 and a beta of 0.96.

Wells Fargo & Company (NYSE:WFC – Get Free Report) last posted its earnings results on Tuesday, October 13th. The financial services provider reported $1.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.85 by $0.02. The company had revenue of $21.87 billion during the quarter, compared to analysts’ expectations of $22.30 billion. Wells Fargo & Company had a net margin of 17.64% and a return on equity of 14.05%. Wells Fargo & Company’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter last year, the company posted $1.66 EPS. On average, equities research analysts expect that Wells Fargo & Company will post 7.27 earnings per share for the current year.

Wells Fargo & Company Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Friday, November 6th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Friday, November 6th. Wells Fargo & Company’s dividend payout ratio is presently 28.21%.

Wells Fargo & Company Profile

(Free Report)

Wells Fargo & Company is a diversified financial services company that provides banking, lending, investment, and financial management services to individuals, businesses, and institutions. Its offerings include deposit accounts, residential and commercial lending, credit cards, payments, treasury management, and other banking products.

The company also provides wealth and investment management services, including financial planning, brokerage, advisory, and private banking solutions.