J. Safra Sarasin Holding AG Invests $3.31 Million in The Charles Schwab Corporation $SCHW

J. Safra Sarasin Holding AG acquired a new stake in The Charles Schwab Corporation (NYSE:SCHW) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund acquired 34,707 shares of the financial services provider’s stock, valued at approximately $3,313,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Federated Hermes Inc. lifted its holdings in shares of Charles Schwab by 2,112.7% in the second quarter. Federated Hermes Inc. now owns 181,793 shares of the financial services provider’s stock valued at $16,587,000 after purchasing an additional 173,577 shares in the last quarter. Vanguard Personalized Indexing Management LLC lifted its stake in Charles Schwab by 26.8% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 190,538 shares of the financial services provider’s stock valued at $17,387,000 after acquiring an additional 40,275 shares in the last quarter. Figure 8 Investment Strategies LLC purchased a new position in Charles Schwab during the 2nd quarter worth $924,000. PFG Investments LLC raised its holdings in shares of Charles Schwab by 10.2% in the second quarter. PFG Investments LLC now owns 5,951 shares of the financial services provider’s stock valued at $543,000 after purchasing an additional 550 shares during the last quarter. Finally, W.H. Cornerstone Investments Inc. bought a new stake in Charles Schwab in the 2nd quarter worth about $246,000. 84.38% of the stock is owned by institutional investors.

Charles Schwab Price Performance

Shares of NYSE:SCHW opened at $103.77 on Wednesday. The firm has a market capitalization of $184.40 billion, a PE ratio of 22.27, a P/E/G ratio of 0.83 and a beta of 0.94. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 0.47. The company has a 50-day moving average price of $98.28 and a two-hundred day moving average price of $96.08. The Charles Schwab Corporation has a twelve month low of $65.88 and a twelve month high of $105.81.

Charles Schwab (NYSE:SCHW) last announced its quarterly earnings results on Wednesday, January 21st. The financial services provider reported $1.39 EPS for the quarter, beating analysts’ consensus estimates of $1.32 by $0.07. Charles Schwab had a net margin of 37.01% and a return on equity of 22.07%. The company had revenue of $6.34 billion for the quarter, compared to analysts’ expectations of $6.19 billion. During the same period in the prior year, the company posted $1.01 EPS. Charles Schwab’s revenue was up 18.9% compared to the same quarter last year. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. Equities analysts forecast that The Charles Schwab Corporation will post 4.22 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on SCHW shares. UBS Group boosted their target price on Charles Schwab from $123.00 to $125.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. Morgan Stanley boosted their price objective on Charles Schwab from $139.00 to $148.00 and gave the stock an “overweight” rating in a research report on Monday, December 22nd. TD Cowen upped their price objective on Charles Schwab from $135.00 to $138.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. JPMorgan Chase & Co. lifted their target price on Charles Schwab from $119.00 to $121.00 and gave the stock an “overweight” rating in a research note on Monday, October 20th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $131.00 price target on shares of Charles Schwab in a report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $115.65.

Insider Activity at Charles Schwab

In other news, insider Jonathan S. Beatty sold 3,072 shares of Charles Schwab stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $98.00, for a total value of $301,056.00. Following the completion of the transaction, the insider directly owned 11,923 shares in the company, valued at approximately $1,168,454. The trade was a 20.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold 7,072 shares of company stock valued at $715,076 over the last three months. 6.30% of the stock is owned by company insiders.

About Charles Schwab

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.