Wells Fargo & Company $WFC Stake Lessened by Fort Washington Investment Advisors Inc. OH

28 Jun 2026, 08:00 by Mitch Edgeman · The Markets Daily

Fort Washington Investment Advisors Inc. OH cut its stake in Wells Fargo & Company (NYSE:WFC) by 11.3% during the 1st quarter, HoldingsChannel reports. The fund owned 833,579 shares of the financial services provider’s stock after selling 106,554 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in Wells Fargo & Company were worth $66,361,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Cambient Family Office LLC grew its stake in Wells Fargo & Company by 8.1% in the first quarter. Cambient Family Office LLC now owns 11,754 shares of the financial services provider’s stock worth $936,000 after purchasing an additional 876 shares in the last quarter. Venturi Wealth Management LLC raised its position in shares of Wells Fargo & Company by 8.5% during the 1st quarter. Venturi Wealth Management LLC now owns 9,989 shares of the financial services provider’s stock valued at $795,000 after acquiring an additional 781 shares in the last quarter. Crown Wealth Group LLC boosted its holdings in Wells Fargo & Company by 20.9% in the first quarter. Crown Wealth Group LLC now owns 15,893 shares of the financial services provider’s stock worth $1,265,000 after purchasing an additional 2,747 shares during the period. Pinnacle Wealth Management Advisory Group LLC increased its stake in Wells Fargo & Company by 5.2% during the first quarter. Pinnacle Wealth Management Advisory Group LLC now owns 12,562 shares of the financial services provider’s stock valued at $1,000,000 after purchasing an additional 623 shares during the last quarter. Finally, Wealth Effects LLC acquired a new stake in shares of Wells Fargo & Company during the first quarter worth $209,000. Institutional investors own 75.90% of the company’s stock.

Key Stories Impacting Wells Fargo & Company

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

Positive Sentiment: Wells Fargo completed the Fed’s 2026 stress test and said it intends to raise its quarterly dividend by 11% to $0.50 per share, pending board approval. That signals confidence in the bank’s capital strength and can support investor sentiment. Wells Fargo Completes 2026 Stress Test and Intends to Raise Dividend by 11% to $0.50
Positive Sentiment: Truist Financial raised its price target on Wells Fargo to $94 from $90 and kept a Buy rating, implying further upside from current levels. Wells Fargo & Company had its price target raised by Truist Financial Corporation
Positive Sentiment: Analyst previews ahead of Wells Fargo’s upcoming quarterly results suggest modest double-digit profit growth, which could reinforce the bank’s earnings momentum if delivered. Wells Fargo’s Quarterly Earnings Preview: What You Need to Know
Positive Sentiment: Wells Fargo also flagged improved Anthropic coding performance, a small but constructive sign that its AI checks are seeing more autonomous execution from the startup. Wells Fargo Flags Anthropic Coding Improvement
Neutral Sentiment: Broader bank news showed multiple large lenders passing the Fed stress test and planning dividend hikes and buybacks, which is supportive for the sector but not unique to Wells Fargo.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. Phillip Securities upgraded shares of Wells Fargo & Company from a “moderate buy” rating to a “strong-buy” rating in a research note on Thursday, May 7th. Evercore reissued an “outperform” rating on shares of Wells Fargo & Company in a report on Friday, March 6th. The Goldman Sachs Group cut their target price on Wells Fargo & Company from $109.00 to $93.00 and set a “buy” rating on the stock in a research note on Monday, March 23rd. JPMorgan Chase & Co. lowered their price target on shares of Wells Fargo & Company from $91.00 to $86.50 and set a “neutral” rating for the company in a research report on Thursday, April 30th. Finally, Barclays dropped their price objective on shares of Wells Fargo & Company from $113.00 to $108.00 and set an “overweight” rating on the stock in a report on Wednesday, April 15th. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat, Wells Fargo & Company currently has a consensus rating of “Moderate Buy” and a consensus target price of $98.24.

View Our Latest Research Report on WFC

Wells Fargo & Company Price Performance

Shares of NYSE WFC opened at $83.87 on Friday. The stock has a market cap of $256.66 billion, a P/E ratio of 12.94, a P/E/G ratio of 0.96 and a beta of 0.93. 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 firm’s 50-day simple moving average is $79.72 and its 200 day simple moving average is $84.45. Wells Fargo & Company has a fifty-two week low of $72.78 and a fifty-two week high of $97.76.

Wells Fargo & Company (NYSE:WFC – Get Free Report) last posted its quarterly earnings data on Tuesday, April 14th. The financial services provider reported $1.60 EPS 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 business had revenue of $11.62 billion for the quarter, compared to analyst estimates of $21.85 billion. During the same quarter last year, the business earned $1.39 earnings per share. The business’s revenue for the quarter was up 6.4% on a year-over-year basis. Equities analysts expect that Wells Fargo & Company will post 6.99 EPS for the current year.

Wells Fargo & Company Announces Dividend

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

Wells Fargo & Company Company Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding WFC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Wells Fargo & Company (NYSE:WFC – Free Report).