Wells Fargo & Company (NYSE:WFC – Free Report) – Stock analysts at Seaport Res Ptn dropped their Q2 2025 earnings per share (EPS) estimates for Wells Fargo & Company in a research note issued on Saturday, April 12th. Seaport Res Ptn analyst J. Mitchell now anticipates that the financial services provider will post earnings per share of $1.44 for the quarter, down from their prior forecast 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.
WFC has been the subject of several other reports. Piper Sandler reduced their price target on Wells Fargo & Company from $77.00 to $75.00 and set an “overweight” rating for the company in a report on Monday. Barclays dropped their target price on shares of Wells Fargo & Company from $92.00 to $87.00 and set an “overweight” rating for the company in a report on Monday. Citigroup lowered their price target on Wells Fargo & Company from $82.00 to $78.00 and set a “neutral” rating on the stock in a report on Monday, March 24th. Bank of America cut their target price on shares of Wells Fargo & Company from $85.00 to $83.00 and set a “buy” rating for the company in a research report on Wednesday, April 2nd. Finally, JPMorgan Chase & Co. reduced their target price on Wells Fargo & Company from $82.00 to $73.50 and set a “neutral” rating on the stock in a research note on Thursday, April 3rd. Six analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $75.34.
Wells Fargo & Company Stock Down 0.9 %
WFC stock opened at $63.98 on Tuesday. Wells Fargo & Company has a one year low of $50.15 and a one year high of $81.50. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.85 and a current ratio of 0.86. The company has a fifty day moving average of $71.82 and a 200-day moving average of $70.93. The stock has a market capitalization of $208.90 billion, a PE ratio of 11.89, a price-to-earnings-growth ratio of 1.18 and a beta of 1.02.
Wells Fargo & Company (NYSE:WFC – Get Free Report) last released its earnings results on Friday, April 11th. The financial services provider reported $1.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.23 by $0.16. Wells Fargo & Company had a return on equity of 12.38% and a net margin of 15.73%. The business had revenue of $20.15 billion for the quarter, compared to analyst estimates of $20.82 billion. During the same quarter in the previous year, the company posted $1.20 earnings per share. The company’s revenue for the quarter was down 3.4% compared to the same quarter last year.
Wells Fargo & Company Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Saturday, March 1st. Shareholders of record on Tuesday, January 7th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 2.50%. The ex-dividend date was Friday, February 7th. Wells Fargo & Company’s payout ratio is currently 28.73%.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the company. Norges Bank acquired a new position in Wells Fargo & Company in the fourth quarter worth $3,365,658,000. Northern Trust Corp grew its position in shares of Wells Fargo & Company by 10.7% during the 4th quarter. Northern Trust Corp now owns 34,339,295 shares of the financial services provider’s stock valued at $2,411,992,000 after buying an additional 3,307,855 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Wells Fargo & Company by 1.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 20,369,222 shares of the financial services provider’s stock valued at $1,430,742,000 after buying an additional 238,131 shares during the last quarter. Capital Research Global Investors boosted its stake in Wells Fargo & Company by 932.0% in the fourth quarter. Capital Research Global Investors now owns 15,734,874 shares of the financial services provider’s stock valued at $1,105,218,000 after acquiring an additional 14,210,193 shares during the period. Finally, Capital World Investors grew its holdings in shares of Wells Fargo & Company by 0.4% during the fourth quarter. Capital World Investors now owns 13,914,098 shares of the financial services provider’s stock valued at $977,338,000 after purchasing an additional 62,099 shares during the last quarter. Institutional investors and hedge funds own 75.90% of the company’s stock.
Wells Fargo & Company Company Profile
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.
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