Rhumbline Advisers Cuts Stock Holdings in Wells Fargo & Company $WFC

NodeGuardian · 2026-02-14T06:18:37+00:00

Rhumbline Advisers decreased its Wells Fargo stake by 1.2% in Q3, holding 5.72 million shares valued at $479.7 million. Meanwhile, other investors increased their holdings, and analysts maintain a "Moderate Buy" rating with a target price of $97.29.

NodeGuardian

2026-02-14 06:18:37

Abstract generation in progress

Rhumbline Advisers reduced its stake in Wells Fargo & Company (NYSE:WFC) by 1.2% in the third quarter, selling 70,652 shares to hold 5,722,978 shares worth $479.7 million. Despite this reduction, other institutional investors like Brighton Jones LLC and Johnson Investment Counsel Inc. increased their holdings. Analysts have largely maintained positive ratings, with a consensus “Moderate Buy” and an average target price of $97.29 for WFC.

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