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 6,809 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]
2.13% less ownership
Funds ownership: 75.12% [Q2] → 72.98% (-2.13%) [Q3]
10% less capital invested
Capital invested by funds: $156B [Q2] → $141B (-$15.2B) [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]
21% less call options, than puts
Call options by funds: $2.94B | Put options by funds: $3.72B
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 59% 1-year accuracy 13 / 22 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 | 17%upside $82 | Buy Maintained | 6 Dec 2024 |
Piper Sandler Scott Siefers 56% 1-year accuracy 14 / 25 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 43 articles about WFC published over the past 30 days
Negative
New York Post
1 day ago
JPMorgan, Wells Fargo, BofA facing federal lawsuit over Zelle payment network fraud
A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect hundreds of thousands of consumers from rampant fraud on the popular payments network Zelle.
Negative
Yahoo Finance
1 day ago
CFPB targets Big Banks in lawsuit over alleged fraud on Zelle
The Consumer Financial Protection Bureau (CFPB) has launched a lawsuit against major banks JPMorgan Chase (JPM), Bank of America (BAC), and Wells Fargo (WFC), along with Zelle's operator Early Warning Services. The bureau alleges these financial institutions failed to adequately protect consumers from fraud, claiming Zelle was launched without sufficient fraud protection measures, and the banks failed to assist customers in recovering stolen funds.
Negative
The Guardian
1 day ago
US consumer watchdog sues banks over alleged ‘widespread' fraud on Zelle
Lawsuit is part of CFPB's aggressive agenda in reported bid to advance protections before Trump overhauls agency
Negative
Reuters
1 day ago
Wells Fargo departs climate banking group in another high-profile exit after Goldman
Wells Fargo has withdrawn from a group of global banks committed to curbing greenhouse gas emissions, increasing the number of high-profile firms exiting climate initiatives amid mounting political pressure.
Negative
PYMNTS
1 day ago
CFPB Sues Zelle and 3 Owner Banks, Alleging Insufficient Safeguards
The Consumer Financial Protection Bureau sued Zelle operator Early Warning Services and three of its owner banks — Bank of America, J.P. Morgan Chase and Wells Fargo — alleging that they failed to protect consumers from “widespread fraud” on the peer-to-peer payment network.
Negative
Forbes
1 day ago
U.S. Regulators Sue JPMorgan Chase, Bank Of America And Wells Fargo Over Alleged Fraud On Zelle
Financial regulators on Friday filed a lawsuit against JPMorgan Chase, Bank of America, Wells Fargo and Zelle's parent firm, accusing the companies of failing to protect consumers from “widespread fraud” on the payments platform.
Neutral
Zacks Investment Research
1 day ago
Wall Street Analysts Think Wells Fargo (WFC) Is a Good Investment: Is It?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Negative
CNBC
1 day ago
CFPB sues JPMorgan Chase, Bank of America and Wells Fargo over Zelle payment fraud
The Consumer Financial Protection Bureau on Friday sued the operator of the Zelle payments network and the three U.S. banks that dominant transactions on it. The agency alleges that the firms failed to properly investigate fraud complaints or give victims reimbursements.
Neutral
The Motley Fool
1 day ago
The Smartest Financial Stocks to Buy With $200 Right Now
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Neutral
CNBC Television
2 days ago
Final Trade: UNH, XLE, WFC & NKE
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Charts implemented using Lightweight Charts™