First National Bank of Omaha increased its holdings in shares of Wells Fargo & Company (NYSE:WFC – Free Report) by 25.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 94,411 shares of the financial services provider’s stock after acquiring an additional 19,105 shares during the period. First National Bank of Omaha’s holdings in Wells Fargo & Company were worth $8,822,000 at the end of the most recent quarter.
Other large investors have also bought and sold shares of the company. Diversified Trust Co. lifted its stake in shares of Wells Fargo & Company by 59.7% during the fourth quarter. Diversified Trust Co. now owns 35,285 shares of the financial services provider’s stock valued at $3,289,000 after acquiring an additional 13,196 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Wells Fargo & Company by 19.0% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 532,300 shares of the financial services provider’s stock valued at $49,610,000 after acquiring an additional 84,902 shares during the period. Swiss Life Asset Management Ltd lifted its stake in shares of Wells Fargo & Company by 4.2% during the fourth quarter. Swiss Life Asset Management Ltd now owns 350,567 shares of the financial services provider’s stock valued at $32,673,000 after acquiring an additional 14,168 shares during the period. State of New Jersey Common Pension Fund D lifted its stake in shares of Wells Fargo & Company by 1.9% during the third quarter. State of New Jersey Common Pension Fund D now owns 1,123,168 shares of the financial services provider’s stock valued at $94,144,000 after acquiring an additional 20,419 shares during the period. Finally, Natixis Advisors LLC lifted its stake in shares of Wells Fargo & Company by 4.2% during the third quarter. Natixis Advisors LLC now owns 3,482,885 shares of the financial services provider’s stock valued at $291,935,000 after acquiring an additional 139,659 shares during the period. 75.90% of the stock is currently owned by institutional investors.
Key Stories Impacting Wells Fargo & Company
Here are the key news stories impacting Wells Fargo & Company this week:
- Positive Sentiment: Wells Fargo highlighted its balance-sheet strategy and said it expects about $50 billion in net interest income for 2026, supported by loan and deposit trends. That reinforces the bank’s earnings outlook and may be helping sentiment on the stock. Wells Fargo’s Long-Dated Funding And NII Outlook Might Change The Case For Investing In WFC
- Positive Sentiment: Analysts and market commentary continue to point to WFC as an attractive dividend stock, which can support demand for the shares among income-focused investors. Why Wells Fargo (WFC) is a Top Dividend Stock for Your Portfolio
- Positive Sentiment: Wells Fargo announced a $1 million donation to support skilled trades training and workforce development in Pennsylvania, a reputationally positive move that underscores its community investment efforts. Wells Fargo Pledges $1 Million Donation Toward Skilled Trades in Pennsylvania
- Neutral Sentiment: Wells Fargo is also being mentioned in connection with Tilly’s extending a credit agreement with the bank. This is more of a client-services headline than a direct stock-moving catalyst for WFC. Tilly’s Extends Credit Agreement Maturity with Wells Fargo
- Negative Sentiment: Wells Fargo was named in a DOJ subpoena related to Trump-era “debanking” claims, which adds regulatory overhang and could weigh on the stock if the probe broadens or creates legal costs. JPMorgan, BofA, Wells Fargo Subpoenaed By DOJ In Trump’s Explosive ‘Debanking’ Crackdown: Report
- Neutral Sentiment: A video discussing summer food inflation referenced Wells Fargo’s Agri-Food Institute, but it appears more macroeconomic and consumer-focused than directly tied to WFC’s fundamentals. Best ways to barbecue on a budget this summer
Wall Street Analysts Forecast Growth
Read Our Latest Stock Analysis on Wells Fargo & Company
Wells Fargo & Company Stock Performance
Shares of Wells Fargo & Company stock opened at $83.67 on Friday. The company has a market capitalization of $256.05 billion, a PE ratio of 12.91, a PEG ratio of 0.97 and a beta of 0.93. Wells Fargo & Company has a 12 month low of $71.93 and a 12 month high of $97.76. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 1.12. The stock’s fifty day simple moving average is $79.56 and its 200 day simple moving average is $84.66.
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 the consensus estimate of $1.58 by $0.02. The business had revenue of $11.62 billion for 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% compared to the same quarter last year. During the same quarter last year, the business posted $1.39 EPS. On average, research analysts predict that Wells Fargo & Company will post 6.84 EPS for the current year.
Wells Fargo & Company Announces Dividend
The company also recently declared 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 of this dividend was Friday, May 8th. This represents a $1.80 annualized dividend and a dividend yield of 2.2%. Wells Fargo & Company’s dividend payout ratio (DPR) is currently 27.78%.
Wells Fargo & 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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