13,985 Shares in Wells Fargo & Company $WFC Purchased by Sawyer & Company Inc

Posted by Stanley Muller on Oct 21st, 2026

Sawyer & Company Inc bought a new position in shares of Wells Fargo & Company (NYSE:WFC – Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 13,985 shares of the financial services provider’s stock, valued at approximately $1,119,000.

Other institutional investors have also recently added to or reduced their stakes in the company. 55 North Private Wealth LLC raised its stake in shares of Wells Fargo & Company by 9.1% during the third quarter. 55 North Private Wealth LLC now owns 8,865 shares of the financial services provider’s stock valued at $710,000 after acquiring an additional 740 shares during the last quarter. Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust bought a new stake in shares of Wells Fargo & Company in the third quarter worth $8,205,000. Family Wealth Partners LLC grew its stake in shares of Wells Fargo & Company by 6.4% in the third quarter. Family Wealth Partners LLC now owns 2,922 shares of the financial services provider’s stock worth $234,000 after purchasing an additional 175 shares during the last quarter. Cardinal Capital Management Inc. increased its holdings in Wells Fargo & Company by 0.8% in the third quarter. Cardinal Capital Management Inc. now owns 471,833 shares of the financial services provider’s stock valued at $37,770,000 after purchasing an additional 3,533 shares during the period. Finally, James T. Borello RIA acquired a new stake in Wells Fargo & Company in the third quarter valued at $68,000. 75.90% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on WFC. The Goldman Sachs Group set a $94.00 target price on Wells Fargo & Company in a research report on Tuesday, October 13th. HSBC assumed coverage on Wells Fargo & Company in a research note on Monday, September 28th. They issued a “buy” rating and a $108.00 price target for the company. Citigroup lowered their price objective on Wells Fargo & Company from $90.00 to $88.00 and set a “neutral” rating for the company in a research report on Wednesday, October 14th. Royal Bank Of Canada cut their price objective on Wells Fargo & Company from $100.00 to $92.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 14th. Finally, Morgan Stanley reduced their target price on Wells Fargo & Company from $102.00 to $101.00 and set an “overweight” rating on the stock in a report on Wednesday, October 14th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, Wells Fargo & Company presently has a consensus rating of “Moderate Buy” and an average target price of $98.08.

Get Our Latest Research Report on WFC

Key Wells Fargo & Company News

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

Positive Sentiment: Wells Fargo’s third-quarter results included year-over-year growth in net interest income and net income, an earnings beat, and reaffirmed full-year net interest income guidance. The bank is also pursuing fee-generating initiatives such as digital personalization, tokenized payments and AI capabilities in consumer banking. Should Earnings Beat Require Action From Wells Fargo Investors?
Positive Sentiment: Management described Wells Fargo as being in “growth mode,” with Arizona identified as an important expansion market. This could support longer-term loan, deposit and customer growth if execution remains strong. Wells Fargo CEO: Bank in Growth Mode and Arizona Is a Key Market
Positive Sentiment: The bank’s planned stablecoin launch in the first half of 2027 could create opportunities in cross-border payments and digital-asset settlement, potentially strengthening Wells Fargo’s position in institutional digital payments. Wells Fargo’s Stablecoin Push
Positive Sentiment: Wells Fargo provided or arranged $1.275 billion in senior secured financing for Belk, highlighting continued activity in corporate and asset-based lending. Belk Secures $1.275 Billion in New Financing
Neutral Sentiment: Wells Fargo is attracting elevated investor attention, but the coverage largely recaps its earnings, valuation and strategic outlook rather than identifying a new fundamental catalyst. Wells Fargo Is Attracting Investor Attention
Negative Sentiment: ETFs were net sellers of WFC on October 19, indicating short-term institutional selling pressure, though this does not necessarily change the bank’s fundamentals. ETFs Are Net Sellers of Wells Fargo
Negative Sentiment: Analyst commentary flagged a roughly $3 billion decline in low-cost deposits. More expensive funding could pressure net interest margins and future profitability. Wells Fargo Wants More Customer Cash
Negative Sentiment: Industry reports that large banks are taking additional commercial-real-estate losses remain a risk for Wells Fargo, even as troubled loan balances decline. Big Banks Take Bigger CRE Losses

Wells Fargo & Company Trading Up 0.2%

Shares of NYSE:WFC traded up $0.19 during midday trading on Wednesday, reaching $82.39. The company’s stock had a trading volume of 3,059,603 shares, compared to its average volume of 16,127,515. Wells Fargo & Company has a fifty-two week low of $72.78 and a fifty-two week high of $97.76. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.90 and a current ratio of 0.89. The firm has a 50 day moving average price of $85.03 and a two-hundred day moving average price of $83.37. The firm has a market capitalization of $249.14 billion, a price-to-earnings ratio of 11.62, a PEG ratio of 0.88 and a beta of 0.96.

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

Wells Fargo & Company Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Friday, August 7th were issued a $0.50 dividend. 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 is 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.