Wells Fargo & Company $WFC Stock Bought by Ferguson Wellman Capital Management Inc.

Posted by Stanley Muller on Oct 5th, 2026

Ferguson Wellman Capital Management Inc. increased its position in shares of Wells Fargo & Company (NYSE:WFC) by 1.7% during the third quarter, HoldingsChannel.com reports. The fund owned 991,358 shares of the financial services provider’s stock after acquiring an additional 16,821 shares during the period. Wells Fargo & Company makes up approximately 0.9% of Ferguson Wellman Capital Management Inc.’s holdings, making the stock its 26th largest holding. Ferguson Wellman Capital Management Inc.’s holdings in Wells Fargo & Company were worth $79,358,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in WFC. Capital Research Global Investors boosted its holdings in Wells Fargo & Company by 4.9% during the 4th quarter. Capital Research Global Investors now owns 37,421,387 shares of the financial services provider’s stock valued at $3,487,687,000 after acquiring an additional 1,760,484 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Wells Fargo & Company by 13.0% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 20,625,070 shares of the financial services provider’s stock valued at $1,922,257,000 after purchasing an additional 2,369,260 shares during the period. Legal & General Group Plc bought a new position in shares of Wells Fargo & Company in the second quarter worth approximately $1,635,881,000. Bank of New York Mellon Corp bought a new position in shares of Wells Fargo & Company in the second quarter worth approximately $1,364,923,000. Finally, Amundi increased its stake in shares of Wells Fargo & Company by 73.0% in the first quarter. Amundi now owns 16,463,550 shares of the financial services provider’s stock worth $1,310,663,000 after buying an additional 6,944,316 shares during the period. Institutional investors own 75.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on WFC. HSBC assumed coverage on shares of Wells Fargo & Company in a report on Monday, September 28th. They issued a “buy” rating and a $108.00 price target on the stock. Bank of America increased their target price on shares of Wells Fargo & Company from $95.00 to $102.00 and gave the stock a “buy” rating in a report on Tuesday, July 7th. UBS Group cut their target price on Wells Fargo & Company from $105.00 to $104.00 and set a “buy” rating on the stock in a research note on Tuesday, July 7th. JPMorgan Chase & Co. dropped their price target on Wells Fargo & Company from $95.50 to $91.50 and set a “neutral” rating for the company in a research note on Friday. Finally, Truist Financial lifted their target price on shares of Wells Fargo & Company from $94.00 to $95.00 and gave the company a “buy” rating in a research note on Thursday. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $99.86.

Check Out Our Latest Report on Wells Fargo & Company

Wells Fargo & Company Stock Up 1.5%

Wells Fargo & Company stock traded up $1.21 on Monday, hitting $81.66. 6,173,323 shares of the stock traded hands, compared to its average volume of 15,962,369. 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 $246.94 billion, a P/E ratio of 11.86, a price-to-earnings-growth ratio of 0.87 and a beta of 0.96. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 1.09. The business’s fifty day simple moving average is $86.26 and its 200 day simple moving average is $83.05.

Wells Fargo & Company (NYSE:WFC – Get Free Report) last issued its quarterly earnings results on Tuesday, July 14th. The financial services provider reported $1.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.73 by $0.23. Wells Fargo & Company had a net margin of 17.55% and a return on equity of 13.85%. The company had revenue of $22.62 billion during the quarter, compared to analyst estimates of $21.86 billion. During the same period last year, the business earned $1.60 EPS. Wells Fargo & Company’s quarterly revenue was up 8.6% compared to the same quarter last year. As a group, sell-side analysts forecast that Wells Fargo & Company will post 7.28 earnings per share for the current year.

Wells Fargo & Company Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Friday, August 7th were paid a dividend of $0.50 per share. The ex-dividend date was Friday, August 7th. This is a positive change from Wells Fargo & Company’s previous quarterly dividend of $0.45. This represents a $2.00 dividend on an annualized basis and a yield of 2.4%. Wells Fargo & Company’s dividend payout ratio (DPR) is presently 29.07%.

Wells Fargo & Company News Summary

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

Positive Sentiment: Morgan Stanley upgraded WFC to Overweight from Equalweight and set a $102 price target, arguing that easing margin pressure could support stronger earnings and returns. The upgrade is particularly notable because Wells Fargo has lagged other large banks, leaving room for a potential re-rating if its profitability improves. Wells Fargo has lagged rival banks. Morgan Stanley says it’s time to buy
Positive Sentiment: The bullish view arrives ahead of Wells Fargo’s third-quarter results and reflects expectations that improving margins could translate into better earnings momentum and returns on equity. Wells Fargo Stock Rises as Morgan Stanley Sees Margin Pressure Easing
Neutral Sentiment: Wells Fargo will announce third-quarter 2026 earnings before the market opens on October 13. The report will provide the next major test of the margin outlook, loan trends, credit quality and management’s guidance. Wells Fargo to Announce Third Quarter 2026 Earnings on Oct. 13, 2026
Negative Sentiment: JPMorgan Chase reportedly lowered its price target for WFC. Although the target reduction was not detailed in the available report, it represents a more cautious analyst view and could limit upside if Wells Fargo’s earnings or margin outlook disappoints. Wells Fargo & Company Stock Price Target Cut by JPMorgan Chase & Co.

About Wells Fargo & Company

(Free Report)

Wells Fargo & Company (NYSE: WFC) is a diversified financial services company that provides banking, lending, investment, and wealth management services to individuals, businesses, institutions, and government entities. Its offerings include checking and savings accounts, credit cards, personal and commercial loans, mortgages, payment services, and other deposit and credit products.

The company also provides investment banking, capital markets, brokerage, advisory, asset management, and retirement services through its corporate and investment banking and wealth and investment management businesses.