Wells FargoWFC
WFC
About: Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company has four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management. It is almost entirely focused on the U.S.
Employees: 226,000
0
Funds holding %
of 6,812 funds
0
Analysts bullish %
of 11 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
1% less funds holding
Funds holding: 2,214 [Q2] → 2,190 (-24) [Q3]
1.68% less ownership
Funds ownership: 78.43% [Q2] → 76.75% (-1.68%) [Q3]
9% less capital invested
Capital invested by funds: $163B [Q2] → $148B (-$14.8B) [Q3]
13% less first-time investments, than exits
New positions opened: 164 | Existing positions closed: 188
17% less repeat investments, than reductions
Existing positions increased: 761 | Existing positions reduced: 912
20% less funds holding in top 10
Funds holding in top 10: 75 [Q2] → 60 (-15) [Q3]
22% less call options, than puts
Call options by funds: $2.98B | Put options by funds: $3.84B
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$61
13%
downside
Avg. target
$75
6%
upside
High target
$85
21%
upside
11 analyst ratings
6 positive
55%
5 neutral
45%
0 negative
0%
Compass Point David Rochester 57% 1-year accuracy 13 / 23 met price target | 18%upside $83 | Neutral Maintained | 10 Dec 2024 |
UBS Erika Najarian 92% 1-year accuracy 11 / 12 met price target | 21%upside $85 | Buy Maintained | 9 Dec 2024 |
Goldman Sachs Richard Ramsden 70% 1-year accuracy 7 / 10 met price target | 16%upside $82 | Buy Maintained | 6 Dec 2024 |
Piper Sandler Scott Siefers 58% 1-year accuracy 15 / 26 met price target | 7%upside $75 | Neutral Maintained | 3 Dec 2024 |
Keefe, Bruyette & Woods David Konrad 59% 1-year accuracy 17 / 29 met price target | 12%upside $79 | Market Perform Maintained | 3 Dec 2024 |
Financial journalist opinion
Based on 56 articles about WFC published over the past 30 days
Positive
Zacks Investment Research
10 hours ago
S&P 500 Banks Perform Well in 2024: 5 Stocks Worth Considering
Bank stocks like GS, BK, WFC, JPM and MTB soar in 2024, driven by Fed rate cuts, booming M&A activity and economic optimism.
Positive
Zacks Investment Research
10 hours ago
3 Bank Stocks With More Than 30% Growth in 2024: More Room to Run?
Bank Stocks like WFC, C and BAC have gained more than 30% in the past year. Given strong fundamentals, stocks have more room to run.
Positive
WSJ
1 day ago
Why 2025 Could Be a Great Year for Big Banks
After a few bumpy years of both successes and setbacks, lenders might finally be firing on all cylinders.
Neutral
Schwab Network
3 days ago
Stock Market This Week: AAPL, NFLX, Big Banks
Kevin Green wraps up the holiday-shortened trading week, covering the indices' movement and top stories surrounding: AAPL, NFLX and big banking stocks. He also previews what's ahead for next week's market schedule.
Positive
Zacks Investment Research
3 days ago
Wells Fargo & Company (WFC) is Attracting Investor Attention: Here is What You Should Know
Recently, Zacks.com users have been paying close attention to Wells Fargo (WFC). This makes it worthwhile to examine what the stock has in store.
Positive
Zacks Investment Research
3 days ago
These 2 Finance Stocks Could Beat Earnings: Why They Should Be on Your Radar
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
Positive
Zacks Investment Research
4 days ago
Best Income Stocks to Buy for December 26th
BOH, WFC and RBA made it to the Zacks Rank #1 (Strong Buy) income stocks list on December 26, 2024.
Negative
PYMNTS
6 days ago
Bank Groups Sue Fed, Seeking ‘Transparency' on Stress Testing Framework
Five groups representing banks and businesses sued the Federal Reserve on Tuesday (Dec. 24), saying its current stress testing framework is “opaque” and violates the law. The complaint was filed by the American Bankers Association (ABA), the Bank Policy Institute, the U.S.
Negative
CNBC Television
6 days ago
Big banks sue the Federal Reserve over annual stress tests
A group of banks and business groups are suing the Federal Reserve over the annual bank stress tests. The Bank Policy Institute, which represents big banks like JPMorgan, Citigroup and Goldman Sachs, is joining the American Bankers Association, the Ohio Bankers League, the Ohio Chamber of Commerce and the U.S. Chamber of Commerce to file the suit, which they said aims to "resolve longstanding legal violations by subjecting the stress test process to public input as required by federal law.
Neutral
Market Watch
6 days ago
Federal Reserve proposes more transparency in bank stress tests, but banks still sue
Trade groups representing the largest U.S. banks on Tuesday filed suit in federal court to force more transparency in the U.S. Federal Reserve's bank stress tests imposed after the 2008 global financial crisis, but the Fed has already proposed some changes to the annual process.
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