9,277 Shares in The Charles Schwab Corporation $SCHW Purchased by Old Peak Finance LLC

Old Peak Finance LLC purchased a new position in The Charles Schwab Corporation (NYSE:SCHW) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 9,277 shares of the financial services provider’s stock, valued at approximately $927,000. Charles Schwab makes up 0.6% of Old Peak Finance LLC’s portfolio, making the stock its 22nd biggest holding.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Souders Financial Advisors boosted its holdings in Charles Schwab by 2.3% during the fourth quarter. Souders Financial Advisors now owns 4,341 shares of the financial services provider’s stock worth $434,000 after buying an additional 98 shares in the last quarter. Lantz Financial LLC increased its holdings in shares of Charles Schwab by 3.1% in the fourth quarter. Lantz Financial LLC now owns 3,243 shares of the financial services provider’s stock valued at $324,000 after buying an additional 99 shares in the last quarter. Roberts Wealth Advisors LLC lifted its position in shares of Charles Schwab by 0.5% during the 4th quarter. Roberts Wealth Advisors LLC now owns 22,961 shares of the financial services provider’s stock valued at $2,294,000 after acquiring an additional 105 shares during the last quarter. Essex Financial Services Inc. boosted its stake in shares of Charles Schwab by 0.8% during the 4th quarter. Essex Financial Services Inc. now owns 12,833 shares of the financial services provider’s stock worth $1,282,000 after acquiring an additional 105 shares in the last quarter. Finally, JFS Wealth Advisors LLC boosted its stake in shares of Charles Schwab by 0.4% during the 4th quarter. JFS Wealth Advisors LLC now owns 24,626 shares of the financial services provider’s stock worth $2,460,000 after acquiring an additional 107 shares in the last quarter. 84.38% of the stock is owned by institutional investors and hedge funds.

Charles Schwab News Roundup

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

• Positive Sentiment: Recent coverage suggests Charles Schwab may still offer value after its pullback, with the article focusing on valuation metrics and questioning whether the selloff has created an attractive entry point for investors. Is It Time To Revisit Charles Schwab (SCHW) After This Year’s Share Price Pullback?
• Positive Sentiment: Market commentary says Charles Schwab has lagged peers over the past year, but analysts remain moderately bullish, which can support investor confidence despite the stock’s weaker relative performance. How Is Charles Schwab’s Stock Performance Compared to Other Financial Stocks?
• Neutral Sentiment: A Schwab Center article warning Americans about estate-planning pitfalls appears to be educational content rather than a direct business or earnings catalyst, so it is unlikely to move the stock by itself. Charles Schwab warns Americans on major estate planning problem

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the company. Keefe, Bruyette & Woods started coverage on Charles Schwab in a research note on Wednesday, April 8th. They issued an “outperform” rating and a $110.00 price target on the stock. Truist Financial decreased their target price on shares of Charles Schwab from $122.00 to $120.00 and set a “buy” rating for the company in a report on Wednesday, April 1st. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $128.00 target price on shares of Charles Schwab in a research report on Friday, May 15th. UBS Group reduced their price target on shares of Charles Schwab from $125.00 to $119.00 and set a “buy” rating for the company in a research report on Wednesday, April 8th. Finally, Piper Sandler raised their price objective on shares of Charles Schwab from $103.00 to $105.00 and gave the stock a “neutral” rating in a research note on Friday, May 15th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $114.30.

Charles Schwab Trading Up 1.5%

NYSE:SCHW opened at $88.64 on Tuesday. The company has a market capitalization of $154.15 billion, a P/E ratio of 17.59, a P/E/G ratio of 0.82 and a beta of 0.80. The stock’s 50 day moving average price is $92.05 and its 200 day moving average price is $95.56. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.62 and a current ratio of 0.62. The Charles Schwab Corporation has a 52 week low of $83.96 and a 52 week high of $107.50.

Charles Schwab (NYSE:SCHW) last posted its earnings results on Thursday, April 16th. The financial services provider reported $1.43 EPS for the quarter, topping the consensus estimate of $1.39 by $0.04. Charles Schwab had a net margin of 37.99% and a return on equity of 23.05%. The company had revenue of $6.48 billion during the quarter, compared to the consensus estimate of $6.39 billion. During the same period in the previous year, the firm posted $1.04 earnings per share. The company’s revenue for the quarter was up 15.8% compared to the same quarter last year. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. On average, research analysts forecast that The Charles Schwab Corporation will post 6.12 EPS for the current fiscal year.

Charles Schwab Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Friday, May 8th were issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 1.4%. The ex-dividend date was Friday, May 8th. Charles Schwab’s dividend payout ratio (DPR) is 25.40%.

Insider Buying and Selling at Charles Schwab

In other news, Director Frank C. Herringer sold 2,520 shares of the stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $90.60, for a total value of $228,312.00. Following the completion of the sale, the director directly owned 177,508 shares of the company’s stock, valued at approximately $16,082,224.80. This represents a 1.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Nigel J. Murtagh sold 41,297 shares of the firm’s stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of $99.00, for a total transaction of $4,088,403.00. Following the completion of the sale, the insider owned 57,972 shares in the company, valued at approximately $5,739,228. The trade was a 41.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 59,700 shares of company stock worth $5,889,131 over the last three months. Corporate insiders own 6.30% of the company’s stock.

Charles Schwab 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.