M&G PLC Buys 2,245,307 Shares of Wells Fargo & Company $WFC

NodeGuardian · 2026-02-23T17:06:33+00:00

M&G PLC boosted its Wells Fargo stake by 320.3% in Q3, acquiring 2,245,307 shares for a total of $247.5 million. Wells Fargo reported strong earnings of $1.76 EPS, declared a $0.45 dividend, and has a "Moderate Buy" rating with a target price of $97.03.

NodeGuardian

2026-02-23 17:06:33

Abstract generation in progress

M&G PLC significantly increased its stake in Wells Fargo & Company by 320.3% in the third quarter, purchasing an additional 2,245,307 shares to hold 2,946,277 shares with a total value of $247.5 million. This makes WFC M&G’s 20th-largest position. Wells Fargo reported strong quarterly earnings of $1.76 EPS, declared a $0.45 quarterly dividend, and holds a “Moderate Buy” consensus rating from analysts with an average target price of $97.03.

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