Consilium Wealth Advisory LLC cut its holdings in shares of Wells Fargo & Company (NYSE:WFC) by 7.2% during the first quarter, Holdings Channel.com reports. The institutional investor owned 154,496 shares of the financial services provider’s stock after selling 11,906 shares during the period. Wells Fargo & Company accounts for 4.2% of Consilium Wealth Advisory LLC’s investment portfolio, making the stock its 6th largest holding. Consilium Wealth Advisory LLC’s holdings in Wells Fargo & Company were worth $12,299,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Godfrey Financial Associates Inc. acquired a new stake in shares of Wells Fargo & Company in the fourth quarter valued at $25,000. Miller Capital Partners Inc. acquired a new position in Wells Fargo & Company during the 4th quarter worth $25,000. Navalign LLC purchased a new stake in Wells Fargo & Company during the 4th quarter worth about $26,000. Joseph Group Capital Management purchased a new stake in Wells Fargo & Company during the 4th quarter worth about $28,000. Finally, Core Wealth Advisors LLC acquired a new stake in Wells Fargo & Company in the 4th quarter valued at about $29,000. Hedge funds and other institutional investors own 75.90% of the company’s stock.
Wells Fargo & Company News Summary
Here are the key news stories impacting Wells Fargo & Company this week:
- Positive Sentiment: Wells Fargo’s economists are being cited in market coverage for a more constructive view on rates and equity markets, which can help boost expectations for bank net interest income and trading/market-related activity. Wells Fargo revamps S&P 500 target for the rest of 2026
- Positive Sentiment: Bank of America’s call for higher interest rates later this year underscores the possibility of a more favorable rate backdrop for large banks like Wells Fargo, potentially supporting lending margins. Bank of America Sees Interest Rates Exploding Higher Soon: Play It Safe With 4 Dividend Giants
- Neutral Sentiment: Wells Fargo remains active in sell-side coverage across other companies, with recent price-target increases and positive calls on names like DTE Energy, Citigroup, Stanley Black & Decker, and Constellation Energy, reinforcing the firm’s influence as a market research house. Wells Fargo Lifts DTE Energy (DTE) Price Target by $5. Here is Why
- Negative Sentiment: Merrill Lynch said it hired three father-son advisory teams with more than $1 billion in assets from rivals, including Wells Fargo, highlighting ongoing competitive pressure in wealth management and potential advisor attrition. Merrill Lynch Hires 3 Father-Son Advisory Teams With More Than $1 Billion in Assets
- Negative Sentiment: Recent commentary also points to regulatory scrutiny and a year-to-date pullback in Wells Fargo shares, reminding investors that legal and regulatory overhangs still matter even as the stock has recovered from earlier weakness. Wells Fargo (WFC) Stock After Regulatory Scrutiny And Recent Pullback In 2026
Analysts Set New Price Targets
Read Our Latest Research Report on WFC
Wells Fargo & Company Stock Up 0.5%
WFC opened at $84.28 on Wednesday. The business’s 50-day simple moving average is $79.63 and its 200-day simple moving average is $84.53. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.90 and a current ratio of 0.90. Wells Fargo & Company has a one year low of $72.78 and a one year high of $97.76. The stock has a market capitalization of $257.91 billion, a P/E ratio of 13.01, a price-to-earnings-growth ratio of 0.98 and a beta of 0.93.
Wells Fargo & Company (NYSE:WFC – Get Free Report) last announced its earnings results on Tuesday, April 14th. The financial services provider reported $1.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.58 by $0.02. The firm had revenue of $11.62 billion during the quarter, compared to analysts’ expectations of $21.85 billion. Wells Fargo & Company had a return on equity of 13.27% and a net margin of 17.26%.The business’s revenue was up 6.4% on a year-over-year basis. During the same period in the prior year, the firm earned $1.39 EPS. Analysts anticipate that Wells Fargo & Company will post 6.86 EPS for the current year.
Wells Fargo & Company Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Friday, May 8th were paid a $0.45 dividend. The ex-dividend date was Friday, May 8th. This represents a $1.80 dividend on an annualized basis and a yield of 2.1%. Wells Fargo & Company’s payout ratio is currently 27.78%.
Wells Fargo & Company Company Profile
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.
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