Wells Fargo & Company $WFC Shares Sold by Advisors Capital Management LLC

NodeGuardian · 2026-02-27T19:23:06+00:00

Advisors Capital Management reduced its Wells Fargo stake by 18%, retaining shares worth $50.03 million. Despite this, Wells Fargo beat EPS estimates, announced a $0.45 dividend, and has a "Moderate Buy" rating with a target price of $97.03.

NodeGuardian

2026-02-27 19:23:06

Abstract generation in progress

Advisors Capital Management LLC significantly reduced its stake in Wells Fargo & Company ($WFC) by 18% in the third quarter of 2025, selling 130,900 shares and retaining 596,861 shares valued at approximately $50.03 million. Despite this, Wells Fargo exceeded recent EPS estimates with $1.76 versus $1.66, announced a $0.45 quarterly dividend, and holds a “Moderate Buy” consensus rating from analysts with an average price target of $97.03. Other institutional investors also adjusted their holdings, and the company’s stock currently trades around $87.35 with a P/E of 13.93.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes