Deutsche Bank AG Cuts Stock Holdings in Wells Fargo & Company $WFC

Posted by Brian Himes on Jun 10th, 2026

Deutsche Bank AG trimmed its stake in shares of Wells Fargo & Company (NYSE:WFC) by 6.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 12,181,321 shares of the financial services provider’s stock after selling 772,799 shares during the period. Deutsche Bank AG’s holdings in Wells Fargo & Company were worth $1,135,299,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Norges Bank bought a new stake in Wells Fargo & Company in the 4th quarter worth approximately $4,512,563,000. Capital Research Global Investors increased its position in Wells Fargo & Company by 4.9% in the fourth quarter. Capital Research Global Investors now owns 37,421,387 shares of the financial services provider’s stock worth $3,487,687,000 after purchasing an additional 1,760,484 shares during the last quarter. Legal & General Group Plc increased its position in Wells Fargo & Company by 0.9% in the fourth quarter. Legal & General Group Plc now owns 21,197,423 shares of the financial services provider’s stock worth $1,975,600,000 after purchasing an additional 188,186 shares during the last quarter. Boston Partners lifted its position in Wells Fargo & Company by 1.9% during the third quarter. Boston Partners now owns 9,128,470 shares of the financial services provider’s stock valued at $763,675,000 after purchasing an additional 174,350 shares during the last quarter. Finally, Davis Selected Advisers grew its stake in shares of Wells Fargo & Company by 6.1% in the 4th quarter. Davis Selected Advisers now owns 8,258,031 shares of the financial services provider’s stock worth $769,649,000 after buying an additional 471,979 shares in the last quarter. 75.90% of the stock is owned by hedge funds and other institutional investors.

Key Wells Fargo & Company News

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

Positive Sentiment: Wells Fargo’s CFO said the bank expects net interest income to rise this quarter and reaffirmed its full-year target of about $50 billion, which supports the case for stronger core profitability as loan growth improves. Reuters article
Positive Sentiment: Management also signaled mid-teens growth in its markets business for the second quarter and reiterated its NII guidance, reinforcing investor confidence that Wells Fargo can deliver stable revenue momentum. MSN/Reuters article
Positive Sentiment: Analysts continue to view WFC favorably, with one Bank of America Securities note reiterating a Buy rating and an unchanged $95 price target, suggesting attractive risk-reward if earnings execution holds. TipRanks article
Neutral Sentiment: Wells Fargo also highlighted support for community investment, including a $1.2 million grant to Urban Strategies Inc. for economic mobility and entrepreneurship initiatives, which is positive for reputation but likely limited in near-term stock impact. Yahoo Finance article
Neutral Sentiment: Wells Fargo presented at the Morgan Stanley US Financials Conference, where investors typically look for updates on strategy and performance, but no major new surprise was highlighted in the headline. Seeking Alpha transcript
Negative Sentiment: Some recent coverage noted WFC stock underperformed the broader market on Monday, and insider selling headlines may reinforce caution among traders in the short term. MarketWatch article

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Morgan Stanley dropped their price objective on shares of Wells Fargo & Company from $108.00 to $100.00 and set an “equal weight” rating for the company in a research note on Tuesday, March 31st. Piper Sandler reissued an “overweight” rating and issued a $94.00 price objective (down from $100.00) on shares of Wells Fargo & Company in a research note on Wednesday, April 15th. Phillip Securities raised shares of Wells Fargo & Company from a “moderate buy” rating to a “strong-buy” rating in a research note on Thursday, May 7th. HSBC raised shares of Wells Fargo & Company from a “hold” rating to a “buy” rating and set a $94.00 price objective for the company in a research note on Wednesday, April 1st. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Wells Fargo & Company in a research note on Monday, April 20th. 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’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $97.53.

View Our Latest Report on Wells Fargo & Company

Wells Fargo & Company Trading Up 1.3%

Shares of WFC opened at $81.99 on Wednesday. Wells Fargo & Company has a 1-year low of $71.93 and a 1-year high of $97.76. The company has a 50-day moving average of $79.33 and a 200 day moving average of $84.68. The firm has a market capitalization of $250.90 billion, a price-to-earnings ratio of 12.65, a PEG ratio of 0.95 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 (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 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 during the quarter, compared to analyst estimates of $21.85 billion. During the same quarter last year, the business posted $1.39 EPS. The firm’s revenue for the quarter was up 6.4% on a year-over-year basis. On average, research analysts expect that Wells Fargo & Company will post 6.84 EPS for the current year.

Wells Fargo & Company Dividend Announcement

The business also recently disclosed 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. The ex-dividend date was Friday, May 8th. This represents a $1.80 dividend on an annualized basis and a yield of 2.2%. Wells Fargo & Company’s dividend payout ratio (DPR) is presently 27.78%.

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.