Revisor Wealth Management LLC Purchases 15,683 Shares of Wells Fargo & Company $WFC

Revisor Wealth Management LLC increased its position in Wells Fargo & Company (NYSE:WFC) by 93.1% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 32,536 shares of the financial services provider’s stock after buying an additional 15,683 shares during the quarter. Wells Fargo & Company makes up about 0.8% of Revisor Wealth Management LLC’s investment portfolio, making the stock its 25th largest position. Revisor Wealth Management LLC’s holdings in Wells Fargo & Company were worth $2,945,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Capital Research Global Investors boosted its holdings in Wells Fargo & Company by 18.6% in the 3rd quarter. Capital Research Global Investors now owns 35,660,903 shares of the financial services provider’s stock worth $2,989,104,000 after buying an additional 5,584,930 shares during the period. Legal & General Group Plc boosted its holdings in shares of Wells Fargo & Company by 1.9% during the 3rd quarter. Legal & General Group Plc now owns 21,009,237 shares of the financial services provider’s stock valued at $1,760,994,000 after purchasing an additional 399,088 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in shares of Wells Fargo & Company by 7.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 17,859,680 shares of the financial services provider’s stock valued at $1,496,998,000 after acquiring an additional 1,223,999 shares during the last quarter. Boston Partners lifted its holdings in shares of Wells Fargo & Company by 1.9% in the 3rd quarter. Boston Partners now owns 9,128,470 shares of the financial services provider’s stock valued at $763,675,000 after acquiring an additional 174,350 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. lifted its holdings in shares of Wells Fargo & Company by 2.2% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 7,673,807 shares of the financial services provider’s stock valued at $643,219,000 after acquiring an additional 165,240 shares during the last quarter. Institutional investors own 75.90% of the company’s stock.

Insiders Place Their Bets

In other Wells Fargo & Company news, EVP Kleber Santos sold 25,000 shares of the company’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $87.72, for a total value of $2,193,000.00. Following the completion of the transaction, the executive vice president owned 79,876 shares in the company, valued at approximately $7,006,722.72. This represents a 23.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Ellen R. Patterson sold 60,000 shares of the company’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $87.40, for a total transaction of $5,244,000.00. Following the completion of the transaction, the executive vice president owned 169,496 shares of the company’s stock, valued at approximately $14,813,950.40. This trade represents a 26.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 115,000 shares of company stock worth $10,050,000. Company insiders own 0.14% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have issued reports on WFC. TD Cowen decreased their price objective on shares of Wells Fargo & Company from $102.00 to $100.00 and set a “hold” rating for the company in a research note on Thursday, January 15th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Wells Fargo & Company in a research report on Wednesday, January 21st. Piper Sandler reissued an “overweight” rating and set a $94.00 price objective (down from $100.00) on shares of Wells Fargo & Company in a report on Wednesday. HSBC raised shares of Wells Fargo & Company from a “hold” rating to a “buy” rating and set a $94.00 price target on the stock in a report on Wednesday, April 1st. Finally, Jefferies Financial Group initiated coverage on shares of Wells Fargo & Company in a report on Thursday, March 26th. They issued a “buy” rating and a $100.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $97.75.

Wells Fargo & Company Trading Up 0.1%

NYSE WFC opened at $81.47 on Monday. The company has a market capitalization of $251.37 billion, a PE ratio of 12.57, a P/E/G ratio of 0.95 and a beta of 1.06. The company has a fifty day moving average of $82.24 and a 200 day moving average of $86.16. Wells Fargo & Company has a 1 year low of $63.40 and a 1 year high of $97.76. 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 (NYSE:WFC) last posted 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 company had revenue of $21.45 billion during the quarter, compared to the consensus estimate of $21.85 billion. Wells Fargo & Company had a net margin of 17.26% and a return on equity of 13.27%. The firm’s quarterly revenue was up 6.4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.39 earnings per share. Research analysts forecast that Wells Fargo & Company will post 5.89 earnings per share for the current year.

Wells Fargo & Company Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Sunday, March 1st. Shareholders of record on Friday, February 6th were given a $0.45 dividend. The ex-dividend date was Friday, February 6th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.2%. Wells Fargo & Company’s dividend payout ratio is 27.78%.

Trending Headlines about Wells Fargo & Company

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

• Positive Sentiment: High-profile endorsement/coverage: Jim Cramer discussed WFC on Mad Money while highlighting that big banks trade at valuation discounts, which can attract bargain-hunting retail and momentum buyers. Jim Cramer Discusses Wells Fargo While Highlighting Valuation Discount for Big Bank Stocks
• Positive Sentiment: Deposit and digital trends: Industry reporting highlights that digital activity is driving deposits across big banks (including WFC), supporting core funding and cross-sell prospects — a structural positive for margins and fee income long term. Big Bank Earnings Show Digital Activity Drives Deposits
• Positive Sentiment: Trading-revenue tailwind for large banks: Q1 volatility and geopolitical shocks lifted trading revenues across Wall Street, providing an earnings tailwind that can offset weakness in other areas and buoy investor sentiment for bank stocks. Wall Street banks ride trading boom, but flag risks to deals and growth
• Neutral Sentiment: Macro/momentum view from WFC research: Wells Fargo strategists flagged a potential near-term S&P “sugar high,” which can lift bank stocks alongside a broader equity rally but may be short-lived. Prepare for an S&P 500 ‘Sugar High,’ Says Wells Fargo
• Neutral Sentiment: FX outlook shifts: Wells Fargo is among banks signaling the dollar’s haven rally may be ending — a risk-on signal that tends to support U.S. equities broadly but is a macro factor rather than a company-specific catalyst. Wall Street Turns Gloomy on the Dollar as Haven Demand Fades
• Neutral Sentiment: CEO commentary on layoffs: Management reiterates continued headcount reductions as part of cost control amid growth priorities — this can boost longer-term efficiency but raises short-term execution questions. Wells Fargo CEO talks layoffs amid growth, cites ’23 consecutive quarters of headcount reductions’
• Negative Sentiment: Earnings revenue miss and guidance pressure: Q1 results beat on EPS but missed revenue expectations; net interest income and fee revenue fell short and the stock earlier reacted to concerns margin compression could extend, which remains a headline risk. Wells Fargo Shares Drop 4.8% As Q1 Revenue Misses Expectations
• Negative Sentiment: Technical weakness: The stock recently slipped below its 50-day moving average — a technical signal that can trigger short-term selling or cautious positioning by quant/technical funds. Wells Fargo Stock Just Broke Below Its 50-Day Moving Average. Should You Buy the Dip?

About Wells Fargo & Company

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.