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flag Wells Fargo beats earnings estimates, raises dividend, and sees stock buyout interest.

flag Wells Fargo reported second-quarter earnings of $1.54 per share, beating estimates by $0.13, with revenue of $20.82 billion, up 0.6% year-over-year. flag The company raised its quarterly dividend to $0.45, a 12.5% increase, yielding 2.3%. flag Analysts project full-year earnings of $5.89 per share, and the stock holds a "Moderate Buy" consensus rating with a target price of $85.41. flag Institutional investors own 75.9% of the company, with recent ownership changes including acquisitions by Acorn Creek Capital and Principal Financial Group, and reductions by Meritage Portfolio Management and Nationale Nederlanden. flag The stock traded at $77.74, with a market cap of $249.04 billion and a P/E ratio of 13.31.

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