SmartHarvest Portfolios LLC Buys Shares of 10,877 Wells Fargo & Company $WFC

Posted by Brenda Bartman on Jun 12th, 2026

SmartHarvest Portfolios LLC bought a new stake in Wells Fargo & Company (NYSE:WFC) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 10,877 shares of the financial services provider’s stock, valued at approximately $1,014,000.

A number of other institutional investors also recently made changes to their positions in WFC. Godfrey Financial Associates Inc. bought a new stake in shares of Wells Fargo & Company in the 4th quarter valued at approximately $25,000. Navalign LLC bought a new stake in shares of Wells Fargo & Company in the 4th quarter valued at approximately $26,000. Redmont Wealth Advisors LLC bought a new stake in shares of Wells Fargo & Company in the 3rd quarter valued at approximately $27,000. Joseph Group Capital Management bought a new stake in shares of Wells Fargo & Company in the 4th quarter valued at approximately $28,000. Finally, Core Wealth Advisors LLC bought a new stake in shares of Wells Fargo & Company in the 4th quarter valued at approximately $29,000. 75.90% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on WFC shares. HSBC upgraded Wells Fargo & Company from a “hold” rating to a “buy” rating and set a $94.00 price target for the company in a report on Wednesday, April 1st. Truist Financial lowered their price target on Wells Fargo & Company from $98.00 to $94.00 and set a “buy” rating for the company in a report on Tuesday, March 17th. Evercore reiterated an “outperform” rating on shares of Wells Fargo & Company in a report on Friday, March 6th. JPMorgan Chase & Co. lowered their price target on Wells Fargo & Company from $91.00 to $86.50 and set a “neutral” rating for the company in a report on Thursday, April 30th. Finally, KGI Securities downgraded Wells Fargo & Company to a “hold” rating in a report on Thursday, April 16th. Two 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 stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $97.53.

Get Our Latest Stock Report on Wells Fargo & Company

Key Headlines Impacting Wells Fargo & Company

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

Positive Sentiment: Management reiterated a roughly $50 billion 2026 net interest income target and signaled stronger second-quarter NII, which suggests earnings momentum could improve if loan and deposit trends hold. Wells Fargo’s Long-Dated Funding And NII Outlook Might Change The Case For Investing In WFC
Positive Sentiment: Wells Fargo continues to attract attention as a dividend stock, reinforcing its appeal for income-focused investors and supporting the valuation case. Why Wells Fargo (WFC) is a Top Dividend Stock for Your Portfolio
Positive Sentiment: Wells Fargo Advisors’ FiNet unit added a $650 million advisory team from Stifel, a modest sign of franchise growth in wealth management. Wells Fargo’s FiNet Recruits $650 Million Team From Stifel
Neutral Sentiment: The company also received more supportive coverage around a $1.2 million community grant, which highlights capital-allocation and community-impact efforts but is unlikely to materially move the stock. Wells Fargo Grant Highlights Community Focus And Potential Valuation Upside
Negative Sentiment: Headlines that the DOJ subpoenaed Wells Fargo in a widening debanking probe add regulatory overhang and could pressure sentiment until there is more clarity. JPMorgan, BofA, Wells Fargo Subpoenaed By DOJ In Trump’s Explosive ‘Debanking’ Crackdown: Report

Wells Fargo & Company Price Performance

Shares of WFC opened at $82.45 on Friday. The company has a market cap of $252.32 billion, a P/E ratio of 12.72, a PEG ratio of 0.96 and a beta of 0.93. The stock has a fifty day moving average price of $79.50 and a 200 day moving average price of $84.67. 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 $71.93 and a 12 month high of $97.76.

Wells Fargo & Company (NYSE:WFC – Get Free Report) last issued 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 firm had revenue of $11.62 billion during the quarter, compared to the consensus estimate of $21.85 billion. Wells Fargo & Company had a return on equity of 13.27% and a net margin of 17.26%.The firm’s revenue was up 6.4% on a year-over-year basis. During the same period in the prior year, the business earned $1.39 EPS. On average, research analysts forecast that Wells Fargo & Company will post 6.84 earnings per share 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 paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date was Friday, May 8th. Wells Fargo & Company’s dividend payout ratio 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.