Seaport Res Ptn Analysts Reduce Earnings Estimates for WFC

Wells Fargo & Company (NYSE:WFC) – Equities research analysts at Seaport Res Ptn cut their Q2 2025 EPS estimates for shares of Wells Fargo & Company in a research report issued to clients and investors on Saturday, April 12th. Seaport Res Ptn analyst J. Mitchell now expects that the financial services provider will post earnings of $1.44 per share for the quarter, down from their previous estimate of $1.48. The consensus estimate for Wells Fargo & Company’s current full-year earnings is $5.89 per share. Seaport Res Ptn also issued estimates for Wells Fargo & Company’s Q3 2025 earnings at $1.52 EPS, Q2 2026 earnings at $1.67 EPS and FY2026 earnings at $6.75 EPS.

Wells Fargo & Company (NYSE:WFC) last posted its quarterly earnings data on Friday, April 11th. The financial services provider reported $1.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.16. The company had revenue of $20.15 billion for the quarter, compared to the consensus estimate of $20.82 billion. Wells Fargo & Company had a return on equity of 12.38% and a net margin of 15.73%. Wells Fargo & Company’s revenue for the quarter was down 3.4% compared to the same quarter last year. During the same period in the previous year, the business earned $1.20 EPS.

A number of other research analysts also recently weighed in on the company. Piper Sandler lowered their price target on Wells Fargo & Company from $77.00 to $75.00 and set an “overweight” rating on the stock in a report on Monday. JPMorgan Chase & Co. decreased their price target on Wells Fargo & Company from $82.00 to $73.50 and set a “neutral” rating for the company in a research note on Thursday, April 3rd. Barclays dropped their target price on shares of Wells Fargo & Company from $92.00 to $87.00 and set an “overweight” rating on the stock in a report on Monday. Morgan Stanley boosted their target price on shares of Wells Fargo & Company from $79.00 to $80.00 and gave the stock an “overweight” rating in a research report on Monday, April 7th. Finally, Citigroup decreased their price target on shares of Wells Fargo & Company from $82.00 to $78.00 and set a “neutral” rating on the stock in a research report on Monday, March 24th. Eight analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $74.88.

Wells Fargo & Company Price Performance

NYSE:WFC opened at $63.17 on Tuesday. The company has a quick ratio of 0.85, a current ratio of 0.86 and a debt-to-equity ratio of 1.07. The business’s 50-day moving average price is $72.49 and its 200 day moving average price is $71.02. Wells Fargo & Company has a 52-week low of $50.15 and a 52-week high of $81.50. The firm has a market cap of $206.26 billion, a P/E ratio of 11.74, a PEG ratio of 1.18 and a beta of 1.02.

Wells Fargo & Company Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Saturday, March 1st. Investors of record on Tuesday, January 7th were issued a $0.40 dividend. The ex-dividend date was Friday, February 7th. This represents a $1.60 dividend on an annualized basis and a yield of 2.53%. Wells Fargo & Company’s dividend payout ratio (DPR) is presently 28.73%.

Hedge Funds Weigh In On Wells Fargo & Company

Hedge funds have recently bought and sold shares of the company. Spinnaker Trust boosted its holdings in shares of Wells Fargo & Company by 1.8% during the fourth quarter. Spinnaker Trust now owns 7,407 shares of the financial services provider’s stock valued at $520,000 after acquiring an additional 130 shares during the period. Shakespeare Wealth Management LLC grew its holdings in Wells Fargo & Company by 0.9% during the fourth quarter. Shakespeare Wealth Management LLC now owns 13,839 shares of the financial services provider’s stock worth $972,000 after acquiring an additional 130 shares during the period. MONECO Advisors LLC boosted its holdings in Wells Fargo & Company by 1.9% during the fourth quarter. MONECO Advisors LLC now owns 7,018 shares of the financial services provider’s stock worth $493,000 after buying an additional 134 shares in the last quarter. Safeguard Investment Advisory Group LLC raised its position in shares of Wells Fargo & Company by 2.4% during the fourth quarter. Safeguard Investment Advisory Group LLC now owns 5,839 shares of the financial services provider’s stock worth $410,000 after purchasing an additional 137 shares during the period. Finally, Crown Wealth Group LLC boosted its holdings in shares of Wells Fargo & Company by 2.2% in the fourth quarter. Crown Wealth Group LLC now owns 6,648 shares of the financial services provider’s stock worth $467,000 after buying an additional 140 shares during the period. Institutional investors own 75.90% of the company’s stock.

About Wells Fargo & Company

Wells Fargo & Co is a diversified and community-based financial services company, which engages in the provision of banking, insurance, investments, mortgage, and consumer and commercial finance products and services. It operates through the following segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management.