Robeco Institutional Asset Management B.V. Buys 41,448 Shares of Wells Fargo & Company $WFC
by Amy Steele · The Cerbat GemRobeco Institutional Asset Management B.V. grew its stake in shares of Wells Fargo & Company (NYSE:WFC) by 10.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 443,813 shares of the financial services provider’s stock after buying an additional 41,448 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Wells Fargo & Company were worth $41,363,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Diversified Trust Co. raised its position in shares of Wells Fargo & Company by 59.7% during the fourth quarter. Diversified Trust Co. now owns 35,285 shares of the financial services provider’s stock worth $3,289,000 after purchasing an additional 13,196 shares during the period. Mawer Investment Management Ltd. acquired a new stake in shares of Wells Fargo & Company during the third quarter worth about $147,165,000. Guerra Advisors Inc raised its position in shares of Wells Fargo & Company by 43.2% during the third quarter. Guerra Advisors Inc now owns 38,439 shares of the financial services provider’s stock worth $3,222,000 after purchasing an additional 11,594 shares during the period. AlphaQuest LLC raised its position in shares of Wells Fargo & Company by 1,121.0% during the third quarter. AlphaQuest LLC now owns 24,079 shares of the financial services provider’s stock worth $2,018,000 after purchasing an additional 22,107 shares during the period. Finally, UMB Bank n.a. raised its position in shares of Wells Fargo & Company by 52.7% during the third quarter. UMB Bank n.a. now owns 138,862 shares of the financial services provider’s stock worth $11,639,000 after purchasing an additional 47,946 shares during the period. Institutional investors own 75.90% of the company’s stock.
Wells Fargo & Company Stock Up 1.2%
NYSE:WFC opened at $86.42 on Tuesday. The firm has a market capitalization of $266.65 billion, a price-to-earnings ratio of 13.78, a price-to-earnings-growth ratio of 0.96 and a beta of 1.06. Wells Fargo & Company has a twelve month low of $62.40 and a twelve month high of $97.76. The stock’s 50 day moving average price is $83.17 and its two-hundred day moving average price is $86.23. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 1.05.
Wells Fargo & Company (NYSE:WFC – Get Free Report) last posted its quarterly earnings results on Wednesday, January 14th. The financial services provider reported $1.76 earnings per share for the quarter, topping the consensus estimate of $1.66 by $0.10. The firm had revenue of $21.29 billion for the quarter, compared to analyst estimates of $21.63 billion. Wells Fargo & Company had a return on equity of 12.90% and a net margin of 17.27%.The business’s quarterly revenue was up 4.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.43 EPS. Equities research analysts expect that Wells Fargo & Company will post 5.89 earnings per share for the current fiscal year.
Wells Fargo & Company Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Sunday, March 1st. Shareholders of record on Friday, February 6th were given a dividend of $0.45 per share. The ex-dividend date of this dividend was Friday, February 6th. This represents a $1.80 annualized dividend and a dividend yield of 2.1%. Wells Fargo & Company’s payout ratio is 28.71%.
Insiders Place Their Bets
In other Wells Fargo & Company news, EVP Kleber Santos sold 25,000 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $87.72, for a total transaction of $2,193,000.00. Following the transaction, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Ellen R. Patterson sold 60,000 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $87.40, for a total value of $5,244,000.00. Following the transaction, the executive vice president directly owned 169,496 shares in the company, valued at $14,813,950.40. This trade represents a 26.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 115,000 shares of company stock valued at $10,050,000 in the last 90 days. 0.14% of the stock is currently owned by insiders.
Wells Fargo & Company News Summary
Here are the key news stories impacting Wells Fargo & Company this week:
- Positive Sentiment: Wells Fargo recruited a $2.1 billion advisory team from UBS into its FiNet unit, a meaningful asset-gathering win that supports fee revenue growth and reinforces wealth-management momentum. Wells Fargo Recruits $2.1 Billion UBS Team for Independent Advisor Unit
- Positive Sentiment: Analyst sentiment has improved recently (HSBC upgraded WFC to Buy) and previews argue the setup is favorable after the asset-cap removal — both items support upside expectations tied to higher net interest income, loan/deposit growth and sustained buybacks. Wells Fargo & Company (WFC): Re-Rating Potential as Market Sentiment Improves Wells Fargo: The Setup Is Favorable (Earnings Preview)
- Neutral Sentiment: Quarterly earnings are due before the open on April 14; anticipation of beats on EPS/NIIs can lift the stock, but revenue and credit commentary will be the key share-price drivers. What To Expect From Wells Fargo’s (WFC) Q1 Earnings
- Neutral Sentiment: Income-focused coverage (dividend-based income strategies) highlights WFC’s 2.11% yield and may attract yield-seeking flows ahead of earnings, though this is unlikely to drive large intraday moves. How To Earn $500 A Month From Wells Fargo Stock Ahead Of Q1 Earnings
- Negative Sentiment: Escalating Middle East tensions — reports the U.S. will block the Strait of Hormuz and broader pre-market weakness tied to the conflict — are driving risk-off flows that can pressure cyclical financials like WFC despite bank-specific positives. Pre-Markets Down as U.S. Sets Blockade at Hormuz Pre-Markets in Red on Renewed Middle East Geopolitical Conflicts
- Negative Sentiment: Big-bank caution: JPMorgan CEO Jamie Dimon has highlighted economic risks ahead of earnings season — a sober tone that can feed into conservative investor positioning across the U.S. banking group. JPMorgan CEO Jamie Dimon Weighs Risks Ahead Of Earnings
Analyst Ratings Changes
A number of research firms have recently commented on WFC. Truist Financial dropped their price target on Wells Fargo & Company from $98.00 to $94.00 and set a “buy” rating on the stock in a research report on Tuesday, March 17th. Robert W. Baird raised Wells Fargo & Company from an “underperform” rating to a “neutral” rating and set a $85.00 price target on the stock in a research report on Friday, February 13th. Weiss Ratings reissued a “buy (b)” rating on shares of Wells Fargo & Company in a research report on Wednesday, January 21st. TD Cowen dropped their target price on Wells Fargo & Company from $102.00 to $100.00 and set a “hold” rating on the stock in a research report on Thursday, January 15th. Finally, The Goldman Sachs Group dropped their target price 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. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $97.70.
Get Our Latest Stock Report on WFC
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.
Further Reading
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