State of Alaska Department of Revenue Decreases Stake in The Charles Schwab Corporation $SCHW

State of Alaska Department of Revenue lowered its holdings in The Charles Schwab Corporation (NYSE:SCHW) by 9.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 165,748 shares of the financial services provider’s stock after selling 17,610 shares during the quarter. State of Alaska Department of Revenue’s holdings in Charles Schwab were worth $16,559,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Piscataqua Savings Bank acquired a new stake in shares of Charles Schwab in the fourth quarter worth $26,000. GoalVest Advisory LLC acquired a new stake in shares of Charles Schwab in the fourth quarter worth $28,000. West Branch Capital LLC acquired a new stake in shares of Charles Schwab in the third quarter worth $27,000. Beacon Financial Strategies CORP acquired a new stake in shares of Charles Schwab in the fourth quarter worth $29,000. Finally, Newbridge Financial Services Group Inc. increased its stake in shares of Charles Schwab by 233.6% in the third quarter. Newbridge Financial Services Group Inc. now owns 357 shares of the financial services provider’s stock worth $34,000 after acquiring an additional 250 shares during the period. Institutional investors and hedge funds own 84.38% of the company’s stock.

Charles Schwab Stock Up 0.0%

Shares of NYSE SCHW opened at $94.81 on Monday. The company’s 50-day simple moving average is $95.61 and its 200-day simple moving average is $96.36. The Charles Schwab Corporation has a 52-week low of $72.80 and a 52-week high of $107.50. The firm has a market cap of $164.79 billion, a price-to-earnings ratio of 20.35, a price-to-earnings-growth ratio of 0.79 and a beta of 0.90. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 0.52.

Charles Schwab (NYSE:SCHW) last announced its earnings results on Wednesday, January 21st. The financial services provider reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.07. Charles Schwab had a net margin of 37.01% and a return on equity of 21.97%. The business had revenue of $6.34 billion for the quarter, compared to analyst estimates of $6.19 billion. During the same quarter last year, the business earned $1.01 earnings per share. The company’s revenue for the quarter 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 predict that The Charles Schwab Corporation will post 4.22 EPS for the current fiscal year.

Charles Schwab Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 13th were paid a $0.32 dividend. This is an increase from Charles Schwab’s previous quarterly dividend of $0.27. This represents a $1.28 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Friday, February 13th. Charles Schwab’s payout ratio is 27.47%.

Key Charles Schwab News

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

• Positive Sentiment: Morgan Stanley highlighted exchanges and brokers including Charles Schwab as defensive picks, which supports demand for SCHW as a lower-volatility financial exposure. CME, Nasdaq, Charles Schwab Cited as Defensive Picks Among Exchanges, Brokers, Morgan Stanley Says
• Positive Sentiment: Keefe, Bruyette & Woods initiated coverage of SCHW, an event that often boosts visibility and can attract new institutional interest. Charles Schwab (NYSE:SCHW) Coverage Initiated at Keefe, Bruyette & Woods
• Positive Sentiment: Zacks highlights that Schwab’s earnings are expected to grow and frames the setup for a likely beat, which could support the stock if results meet or exceed expectations. The Charles Schwab Corporation (SCHW) Earnings Expected to Grow: Should You Buy?
• Neutral Sentiment: Morgan Stanley lowered its price target from $148 to $135 but kept an “overweight” rating — still bullish on the name long term even as their near-term valuation was trimmed. Morgan Stanley price target note (Benzinga)
• Neutral Sentiment: UBS cut its target from $125 to $119 but retained a “buy” rating; mixed signals as price targets come down while conviction remains. UBS lowers Schwab price target (Benzinga)
• Neutral Sentiment: Analysts are reworking models and trimmed a modeled fair value slightly (from ~$120.32 to ~$118), reflecting debate over execution and sector outlook rather than a consensus downgrade. How The Charles Schwab (SCHW) Story Is Evolving As Analysts Rework Targets And Assumptions
• Neutral Sentiment: Schwab research on crypto allocations (bitcoin up to ~22.4% in some portfolios) is product/research-driven and may influence long-term asset flows rather than immediate stock moves. Charles Schwab Identifies 2 Crypto Allocation Approaches Driving Bitcoin Weights as High as 22.4%
• Neutral Sentiment: Feature/retrospective pieces on Schwab’s long-term returns and growth interest investors but are less likely to move the stock immediately. If You Invested $1000 in The Charles Schwab Corporation a Decade Ago, This is How Much It’d Be Worth Now
• Negative Sentiment: Erste Group cut its FY2027 EPS estimate for SCHW, a direct hit to near-term earnings expectations and a clear negative for the share price. Charles Schwab FY2027 EPS Estimate Cut by Erste Group Bank
• Negative Sentiment: Operational actions such as the planned closure of the downtown Portland branch are minor but add to headlines about cost/footprint adjustments. Charles Schwab to close downtown Portland branch

Insider Transactions at Charles Schwab

In other news, insider Dennis Howard sold 27,903 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $95.02, for a total value of $2,651,343.06. Following the transaction, the insider directly owned 10,470 shares of the company’s stock, valued at approximately $994,859.40. This trade represents a 72.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Paul V. Woolway sold 15,884 shares of the firm’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $95.12, for a total transaction of $1,510,886.08. Following the completion of the transaction, the insider directly owned 35,992 shares in the company, valued at approximately $3,423,559.04. This represents a 30.62% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 413,568 shares of company stock valued at $42,435,038. Company insiders own 6.30% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on SCHW. Truist Financial cut their price objective on shares of Charles Schwab from $122.00 to $120.00 and set a “buy” rating on the stock in a research note on Wednesday, April 1st. Weiss Ratings upgraded shares of Charles Schwab from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 23rd. Piper Sandler raised their price target on shares of Charles Schwab from $100.00 to $105.00 and gave the company a “neutral” rating in a research report on Wednesday, January 14th. Wolfe Research set a $120.00 price target on shares of Charles Schwab in a research report on Monday, January 12th. Finally, Morgan Stanley dropped their price target on shares of Charles Schwab from $148.00 to $135.00 and set an “overweight” rating on the stock in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Charles Schwab presently has a consensus rating of “Moderate Buy” and a consensus price target of $114.50.

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.