Caisse Des Depots ET Consignations Has $5.70 Million Holdings in Wells Fargo & Company $WFC

Caisse Des Depots ET Consignations lifted its holdings in shares of Wells Fargo & Company (NYSE:WFC) by 26.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 61,110 shares of the financial services provider’s stock after buying an additional 12,755 shares during the quarter. Caisse Des Depots ET Consignations’ holdings in Wells Fargo & Company were worth $5,695,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Capital Research Global Investors grew its position in shares of Wells Fargo & Company by 18.6% during 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 grew its position 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 worth $1,760,994,000 after buying an additional 399,088 shares during the period. Massachusetts Financial Services Co. MA grew its position in shares of Wells Fargo & Company by 7.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 17,859,680 shares of the financial services provider’s stock worth $1,496,998,000 after buying an additional 1,223,999 shares during the period. Boston Partners grew its position in shares of Wells Fargo & Company by 1.9% during the 3rd quarter. Boston Partners now owns 9,128,470 shares of the financial services provider’s stock worth $763,675,000 after buying an additional 174,350 shares during the period. Finally, Davis Selected Advisers grew its position in shares of Wells Fargo & Company by 6.1% during the 4th quarter. Davis Selected Advisers now owns 8,258,031 shares of the financial services provider’s stock worth $769,649,000 after buying an additional 471,979 shares during the period. Institutional investors and hedge funds own 75.90% of the company’s stock.

Wells Fargo & Company News Roundup

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

• Positive Sentiment: Shareholders approved the board slate, executive pay and the auditor at the April 28 annual meeting, reducing governance uncertainty that has weighed on WFC in prior years. Wells Fargo Shareholders Back Board, Pay and Auditor
• Positive Sentiment: Wells Fargo is partnering with Mastercard to improve B2B card payments — a strategic product initiative that could help grow fee income and commercial card penetration over time. Mastercard and Wells Fargo Target the Friction Slowing B2B Cards
• Neutral Sentiment: Wells Fargo analysts remain active on other names (e.g., reiterating a Buy on Hinge Health), a sign the bank’s research franchise is operating normally but with limited direct impact on WFC’s share price. Analyst Reiterates Buy on Hinge Health
• Neutral Sentiment: Wells Fargo’s research has influenced other coverage (for example, an upgrade at OGE noted Wells Fargo’s inputs) — informative for reputation but not a direct stock driver for WFC. OGE Stock Raised To $47 As Analysts See New Momentum Building
• Negative Sentiment: JPMorgan cut its price target on WFC from $91 to $86.50 and moved to a “neutral” rating — an analyst downgrade/call that can pressure the stock by reducing upside expectations and prompting some investors to trim positions. JPMorgan Lowers Price Target on Wells Fargo
• Negative Sentiment: Media narratives question whether large banks will lose ground to fintech — a thematic risk that can weigh on valuation multiples for incumbents like WFC if investors rotate into fintech growth stories. Should You Forget Big Banks and Bet on Fintech Instead?
• Negative Sentiment: Ongoing concerns about banks’ exposure to private credit are front‑and‑center; any material exposure or stress in that sector could create credit‑loss risk for WFC and keep sentiment muted. Here’s How Much Exposure JPMorgan Chase, Bank of America, Wells Fargo, and Citigroup Have to Private Credit
• Negative Sentiment: WFC’s CEO offered a blunt take on the U.S. economy in recent comments, which may reinforce cautious investor views on loan growth and credit quality if macro concerns persist. Wells Fargo CEO puts blunt label on U.S. economy

Wells Fargo & Company Stock Performance

Shares of WFC opened at $80.90 on Friday. 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 twelve month low of $71.89 and a twelve month high of $97.76. The firm’s 50 day moving average price is $80.85 and its two-hundred day moving average price is $86.14. The firm has a market cap of $247.56 billion, a P/E ratio of 12.48, a PEG ratio of 0.97 and a beta of 0.96.

Wells Fargo & Company (NYSE:WFC) last announced its quarterly earnings results on Tuesday, April 14th. The financial services provider reported $1.60 earnings per share for the quarter, beating analysts’ consensus estimates of $1.58 by $0.02. Wells Fargo & Company had a net margin of 17.26% and a return on equity of 13.27%. The firm had revenue of $11.62 billion for the quarter, compared to analyst estimates of $21.85 billion. During the same quarter in the previous year, the firm posted $1.39 earnings per share. The business’s revenue was up 6.4% on a year-over-year basis. On average, analysts forecast that Wells Fargo & Company will post 6.82 EPS for the current fiscal year.

Wells Fargo & Company Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Friday, May 8th will be given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, May 8th. Wells Fargo & Company’s payout ratio is currently 27.78%.

Analysts Set New Price Targets

WFC has been the subject of several analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Wells Fargo & Company in a research report on Monday, April 20th. CICC Research assumed coverage on shares of Wells Fargo & Company in a report on Wednesday, January 14th. They set a “market perform” rating and a $96.00 price objective for the company. HSBC upgraded shares of Wells Fargo & Company from a “hold” rating to a “buy” rating and set a $94.00 price objective for the company in a report on Wednesday, April 1st. 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 report on Thursday, January 15th. Finally, Barclays decreased their price objective on shares of Wells Fargo & Company from $113.00 to $108.00 and set an “overweight” rating for the company in a report on Wednesday, April 15th. 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 stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $97.53.

Insider Transactions at Wells Fargo & Company

In other news, EVP Kleber Santos sold 25,000 shares of the business’s stock in a transaction on 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 sale, the executive vice president owned 79,876 shares of the company’s stock, valued at $7,006,722.72. The trade was a 23.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Ellen R. Patterson sold 60,000 shares of the business’s stock in a transaction on 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 sale, the executive vice president directly owned 169,496 shares in the company, valued at approximately $14,813,950.40. This represents a 26.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 115,000 shares of company stock valued at $10,050,000 over the last 90 days. 0.14% of the stock is owned by corporate insiders.

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.