Y Intercept Hong Kong Ltd Acquires 9,518 Shares of Wells Fargo & Company $WFC

Y Intercept Hong Kong Ltd raised its holdings in shares of Wells Fargo & Company (NYSE:WFC) by 6.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 168,758 shares of the financial services provider’s stock after buying an additional 9,518 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Wells Fargo & Company were worth $13,435,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Godfrey Financial Associates Inc. purchased a new position in shares of Wells Fargo & Company during the 4th quarter worth $25,000. Miller Capital Partners Inc. purchased a new stake in shares of Wells Fargo & Company in the 4th quarter worth $25,000. Navalign LLC purchased a new stake in shares of Wells Fargo & Company in the 4th quarter worth $26,000. Joseph Group Capital Management bought a new position in Wells Fargo & Company in the 4th quarter worth $28,000. Finally, Core Wealth Advisors LLC bought a new position in Wells Fargo & Company in the 4th quarter worth $29,000. 75.90% of the stock is currently owned by institutional investors.

Wells Fargo & Company Stock Performance

NYSE WFC opened at $85.49 on Friday. The firm has a market cap of $261.61 billion, a price-to-earnings ratio of 13.19, a price-to-earnings-growth ratio of 0.99 and a beta of 0.92. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 1.12. The business has a 50-day moving average price of $79.95 and a 200-day moving average price of $84.22. Wells Fargo & Company has a twelve month low of $72.78 and a twelve month high of $97.76.

Wells Fargo & Company (NYSE:WFC) last issued its earnings results on Tuesday, April 14th. The financial services provider reported $1.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.58 by $0.02. Wells Fargo & Company had a return on equity of 13.27% and a net margin of 17.26%.The company had revenue of $11.62 billion for the quarter, compared to the consensus estimate of $21.85 billion. During the same quarter last year, the company earned $1.39 EPS. The firm’s quarterly revenue was up 6.4% on a year-over-year basis. As a group, equities research analysts predict that Wells Fargo & Company will post 6.98 EPS for the current fiscal year.

Wells Fargo & Company Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Friday, May 8th were issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Friday, May 8th. Wells Fargo & Company’s dividend payout ratio (DPR) is 27.78%.

More Wells Fargo & Company News

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

• Positive Sentiment: Wells Fargo is expected to release Q2 earnings on July 14, with analysts looking for EPS of about $1.71 and revenue of $21.81 billion, setting up a potentially important catalyst for the stock. Article Title
• Positive Sentiment: Morgan Stanley raised its price target on Wells Fargo to $102 from $97 while keeping an Equal Weight rating, signaling improved valuation expectations. Article Title
• Positive Sentiment: Wells Fargo passed the Fed’s 2026 stress test and is planning a double-digit dividend increase, which supports the stock’s income appeal and may help attract yield-focused investors. Article Title
• Positive Sentiment: Several recent articles argue Wells Fargo could benefit from upcoming earnings, with bullish commentary centered on the stock looking inexpensive and having room to rerate if results surprise to the upside. Article Title
• Neutral Sentiment: Investor interest has increased, with Zacks noting Wells Fargo is being heavily searched as traders assess the next catalyst for the shares. Article Title
• Neutral Sentiment: Some coverage suggests Wells Fargo could receive a modest earnings lift from potential tariff refunds tied to a Supreme Court decision, though this is still uncertain and not yet reflected in prior estimates. Article Title
• Negative Sentiment: Analysts continue to flag that Wells Fargo has lagged peers because of lower returns on equity and falling net interest margins, which remain key concerns going into earnings. Article Title

Analysts Set New Price Targets

Several research firms have issued reports on WFC. Evercore reissued an “outperform” rating on shares of Wells Fargo & Company in a report on Friday, March 6th. Phillip Securities raised Wells Fargo & Company from a “moderate buy” rating to a “strong-buy” rating in a research note on Thursday, May 7th. KGI Securities cut Wells Fargo & Company to a “hold” rating in a research report on Thursday, April 16th. The Goldman Sachs Group lowered their price objective on Wells Fargo & Company from $109.00 to $93.00 and set a “buy” rating on the stock in a research report on Monday, March 23rd. Finally, Keefe, Bruyette & Woods reduced their target price on shares of Wells Fargo & Company from $101.00 to $98.00 and set a “market perform” rating for the company in a report on Wednesday, April 15th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, Wells Fargo & Company currently has an average rating of “Moderate Buy” and a consensus price target of $98.34.

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.