Fifth Third Bancorp Decreases Holdings in The Charles Schwab Corporation $SCHW

Fifth Third Bancorp cut its stake in shares of The Charles Schwab Corporation (NYSE:SCHW) by 6.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 141,558 shares of the financial services provider’s stock after selling 9,438 shares during the period. Fifth Third Bancorp’s holdings in Charles Schwab were worth $14,143,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Piscataqua Savings Bank purchased a new stake in Charles Schwab during the 4th quarter valued at $26,000. GoalVest Advisory LLC purchased a new stake in shares of Charles Schwab in the 4th quarter worth $28,000. Beacon Financial Strategies CORP purchased a new stake in shares of Charles Schwab in the 4th quarter worth $29,000. Optima Capital LLC purchased a new stake in shares of Charles Schwab in the 4th quarter worth $30,000. Finally, Redmont Wealth Advisors LLC purchased a new stake in shares of Charles Schwab in the 3rd quarter worth $34,000. 84.38% of the stock is currently owned by hedge funds and other institutional investors.

Charles Schwab News Summary

Here are the key news stories impacting Charles Schwab this week:

• Positive Sentiment: Erste Group raised forward earnings estimates for Schwab, boosting FY2027 EPS expectations and supporting a stronger forward earnings outlook that can underpin valuation. Erste Group estimate notes
• Positive Sentiment: Capital returns remain meaningful — Schwab’s recent large share repurchases (about $4.58B through Sept. 2025) and a newly announced quarterly dividend ($0.32/share, ex-div May 8) support EPS per share and income investors. Buyback/dividend coverage
• Neutral Sentiment: National Investing Day and Schwab’s ongoing investor education and RIA custodian footprint are positive for long?term client acquisition but unlikely to move near?term earnings materially. National Investing Day
• Neutral Sentiment: Valuation and performance commentary notes mixed recent returns (short?term weakness vs. multi?year gains); useful context for investors but not a specific catalyst. Valuation piece
• Negative Sentiment: Insider selling: Director Frank C. Herringer sold 2,520 shares at about $90.60 (filed Apr. 28) — a small stake reduction that can be perceived negatively by some investors. SEC Form 4 – Insider Sale
• Negative Sentiment: Several brokers trimmed price targets (while often keeping buy ratings), which reduces upside expectations and can cap near?term stock momentum. Analyst target notes
• Negative Sentiment: Sector/peer weakness — Robinhood’s earnings miss and crypto revenue decline have pressured broker sentiment and could temporarily lower industry trading volumes, which would weigh on Schwab’s transaction revenue. Robinhood earnings

Insider Buying and Selling

In related news, insider Nigel J. Murtagh sold 41,297 shares of the company’s stock in a transaction on Tuesday, April 14th. The shares were sold at an average price of $99.00, for a total value of $4,088,403.00. Following the completion of the transaction, the insider owned 57,972 shares of the company’s stock, valued at approximately $5,739,228. This represents a 41.60% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Christopher V. Dodds sold 11,825 shares of the company’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $104.55, for a total transaction of $1,236,303.75. Following the completion of the transaction, the director directly owned 449,406 shares of the company’s stock, valued at $46,985,397.30. This represents a 2.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 471,268 shares of company stock worth $48,114,169 in the last three months. Corporate insiders own 6.30% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on SCHW. TD Cowen restated a “buy” rating on shares of Charles Schwab in a research note on Thursday, April 9th. Citigroup restated a “market outperform” rating on shares of Charles Schwab in a research note on Monday, January 12th. Morgan Stanley reduced their price objective on Charles Schwab from $135.00 to $125.00 and set an “overweight” rating for the company in a research note on Friday, April 17th. Barclays reduced their price objective on Charles Schwab from $126.00 to $117.00 and set an “overweight” rating for the company in a research note on Wednesday, April 8th. Finally, Raymond James Financial restated an “outperform” rating and issued a $114.00 price objective on shares of Charles Schwab in a research note on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Charles Schwab presently has an average rating of “Moderate Buy” and an average target price of $114.00.

Charles Schwab Trading Down 0.0%

Shares of Charles Schwab stock opened at $91.60 on Friday. The company has a market capitalization of $159.20 billion, a P/E ratio of 18.17, a P/E/G ratio of 0.72 and a beta of 0.80. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.62 and a current ratio of 0.62. The company has a fifty day moving average of $93.87 and a 200 day moving average of $96.20. The Charles Schwab Corporation has a fifty-two week low of $82.04 and a fifty-two week high of $107.50.

Charles Schwab (NYSE:SCHW) last issued its earnings results on Thursday, April 16th. The financial services provider reported $1.43 earnings per share for the quarter, topping the consensus estimate of $1.39 by $0.04. The company had revenue of $6.48 billion during the quarter, compared to the consensus estimate of $6.39 billion. Charles Schwab had a net margin of 37.99% and a return on equity of 23.03%. Charles Schwab’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.04 EPS. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. On average, sell-side analysts anticipate that The Charles Schwab Corporation will post 5.99 earnings per share for the current fiscal year.

Charles Schwab Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 22nd. Investors of record on Friday, May 8th will be issued a $0.32 dividend. The ex-dividend date of this dividend is Friday, May 8th. This represents a $1.28 annualized dividend and a yield of 1.4%. Charles Schwab’s dividend payout ratio is currently 25.40%.

Charles Schwab Company Profile

Charles Schwab Corporation (NYSE: SCHW) is a diversified financial services firm that provides brokerage, banking, wealth management and advisory services to individual investors, independent investment advisors and institutional clients. Its primary offerings include retail brokerage accounts, online trading platforms, Schwab-branded mutual funds and exchange-traded funds (ETFs), retirement plan services, custodial services for independent Registered Investment Advisors (RIAs), and banking products through Charles Schwab Bank.