Bridgeway Capital Management LLC Has $32.77 Million Stock Position in Wells Fargo & Company $WFC

Bridgeway Capital Management LLC boosted its stake in shares of Wells Fargo & Company (NYSE:WFC) by 2.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 351,649 shares of the financial services provider’s stock after buying an additional 7,660 shares during the quarter. Wells Fargo & Company makes up 0.7% of Bridgeway Capital Management LLC’s portfolio, making the stock its 7th largest position. Bridgeway Capital Management LLC’s holdings in Wells Fargo & Company were worth $32,774,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in WFC. Norges Bank bought a new stake in Wells Fargo & Company during the 4th quarter valued at about $4,512,563,000. Capital Research Global Investors lifted its holdings in 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 valued at $2,989,104,000 after buying an additional 5,584,930 shares in the last quarter. Mawer Investment Management Ltd. lifted its holdings in Wells Fargo & Company by 177.7% during the 4th quarter. Mawer Investment Management Ltd. now owns 4,876,127 shares of the financial services provider’s stock valued at $454,455,000 after buying an additional 3,120,399 shares in the last quarter. Danske Bank A S bought a new stake in shares of Wells Fargo & Company in the 3rd quarter valued at about $215,638,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Wells Fargo & Company by 13.0% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 20,625,070 shares of the financial services provider’s stock valued at $1,922,257,000 after purchasing an additional 2,369,260 shares in the last quarter. Institutional investors own 75.90% of the company’s stock.

Wells Fargo & Company Trading Down 1.4%

NYSE:WFC opened at $83.88 on Thursday. Wells Fargo & Company has a 52 week low of $72.57 and a 52 week high of $97.76. The firm has a 50 day moving average of $79.73 and a 200 day moving average of $84.63. 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 stock has a market capitalization of $256.68 billion, a price-to-earnings ratio of 12.94, a PEG ratio of 1.00 and a beta of 0.93.

Wells Fargo & Company (NYSE:WFC) last released its earnings results on Tuesday, April 14th. The financial services provider reported $1.60 earnings per share for the quarter, topping the consensus estimate 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 company had revenue of $11.62 billion for the quarter, compared to the consensus estimate of $21.85 billion. During the same quarter in the previous year, the firm earned $1.39 EPS. Wells Fargo & Company’s revenue was up 6.4% compared to the same quarter last year. As a group, sell-side analysts anticipate that Wells Fargo & Company will post 6.84 earnings per share for the current fiscal year.

Wells Fargo & Company Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several research firms have recently commented on WFC. Barclays reduced their price target 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. KGI Securities lowered shares of Wells Fargo & Company to a “hold” rating in a report on Thursday, April 16th. Truist Financial reduced their price target on shares of Wells Fargo & Company from $98.00 to $94.00 and set a “buy” rating for the company in a report on Tuesday, March 17th. Phillip Securities upgraded shares of Wells Fargo & Company from a “moderate buy” rating to a “strong-buy” rating in a report on Thursday, May 7th. Finally, The Goldman Sachs Group reduced their price target on shares of Wells Fargo & Company from $109.00 to $93.00 and set a “buy” rating for the company in a report on Monday, March 23rd. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $98.24.

More Wells Fargo & Company News

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

• Positive Sentiment: Wells Fargo raised its year-end 2026 S&P 500 target to 7,950 from 7,300, citing stronger corporate earnings, easing macro risks after the interim U.S.-Iran agreement, and improved investor sentiment. Article: S&P 500 Price Target Boosted to 7,950 by Wells Fargo Following U.S.-Iran Deal
• Positive Sentiment: Market reports showed WFC gaining after a positive trading session, indicating investors were buying into the bank’s improving sentiment and outlook. Article: Wells Fargo (WFC) Rises As Market Takes a Dip: Key Facts
• Positive Sentiment: Wells Fargo Investment Institute released a midyear outlook emphasizing discipline amid volatility, reinforcing the bank’s visibility in market strategy and investor guidance. Article: Wells Fargo Investment Institute: When Every Headline Shouts, Discipline Matters Most
• Neutral Sentiment: Wells Fargo also lifted its S&P 500 target in a separate market commentary piece, which supports a more upbeat macro backdrop but does not directly change WFC fundamentals. Article: Wells Fargo Raises S&P 500 Target to 7,950 on AI Boom
• Neutral Sentiment: Another report repeated that Wells Fargo’s S&P 500 target increase was driven by stronger earnings expectations, signaling a favorable macro call rather than a direct catalyst for the bank stock itself. Article: US Stock Market: Wells Fargo raises S&P 500 target on stronger earnings outlook, easing macro risks
• Neutral Sentiment: Analyst coverage of other companies, such as Carter’s and Microsoft, reflects active research from Wells Fargo but is not a direct driver of WFC shares. Article: Carter’s Shares Rise After Wells Fargo Lifts Rating and Target Price

Wells Fargo & Company 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.