The Charles Schwab Corporation $SCHW Shares Bought by Private Wealth Partners LLC

Private Wealth Partners LLC raised its holdings in The Charles Schwab Corporation (NYSE:SCHW) by 5.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 106,419 shares of the financial services provider’s stock after purchasing an additional 5,390 shares during the quarter. Private Wealth Partners LLC’s holdings in Charles Schwab were worth $10,632,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Lantz Financial LLC increased its stake in shares of Charles Schwab by 3.1% during the fourth quarter. Lantz Financial LLC now owns 3,243 shares of the financial services provider’s stock worth $324,000 after purchasing an additional 99 shares in the last quarter. Roberts Wealth Advisors LLC lifted its holdings in shares of Charles Schwab by 0.5% in the 4th quarter. Roberts Wealth Advisors LLC now owns 22,961 shares of the financial services provider’s stock worth $2,294,000 after acquiring an additional 105 shares during the last quarter. ZWJ Investment Counsel Inc. lifted its holdings in shares of Charles Schwab by 4.6% in the 3rd quarter. ZWJ Investment Counsel Inc. now owns 2,390 shares of the financial services provider’s stock worth $228,000 after acquiring an additional 106 shares during the last quarter. First PREMIER Bank lifted its holdings in Charles Schwab by 23.8% during the 3rd quarter. First PREMIER Bank now owns 557 shares of the financial services provider’s stock worth $53,000 after buying an additional 107 shares in the last quarter. Finally, Harfst & Associates Inc. increased its position in shares of Charles Schwab by 0.3% in the 3rd quarter. Harfst & Associates Inc. now owns 33,724 shares of the financial services provider’s stock valued at $3,220,000 after purchasing an additional 107 shares during the last quarter. Institutional investors and hedge funds own 84.38% of the company’s stock.

Insider Buying and Selling

In other Charles Schwab news, Chairman Walter W. Bettinger sold 162,462 shares of the firm’s stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $103.90, for a total value of $16,879,801.80. Following the completion of the transaction, the chairman directly owned 529,346 shares in the company, valued at $54,999,049.40. This trade represents a 23.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Christopher V. Dodds sold 11,825 shares of the firm’s stock in a transaction dated 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 owned 449,406 shares of the company’s stock, valued at approximately $46,985,397.30. The trade was a 2.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 470,748 shares of company stock valued at $48,095,857. Company insiders own 6.30% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on SCHW shares. TD Cowen reaffirmed a “buy” rating on shares of Charles Schwab in a research report on Thursday, April 9th. Wolfe Research set a $120.00 target price on shares of Charles Schwab in a report on Monday, January 12th. Morgan Stanley lowered their price target on shares of Charles Schwab from $135.00 to $125.00 and set an “overweight” rating for the company in a report on Friday. Argus set a $108.00 target price on shares of Charles Schwab in a report on Monday. Finally, Truist Financial reduced their price target on shares of Charles Schwab from $122.00 to $120.00 and set a “buy” rating on the stock in a research report on Wednesday, April 1st. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Charles Schwab currently has an average rating of “Moderate Buy” and an average price target of $114.00.

Charles Schwab Stock Performance

NYSE:SCHW opened at $93.23 on Tuesday. The Charles Schwab Corporation has a twelve month low of $73.76 and a twelve month high of $107.50. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.52. The company has a 50-day moving average of $94.55 and a 200-day moving average of $96.40. The firm has a market cap of $162.04 billion, a price-to-earnings ratio of 18.50, a price-to-earnings-growth ratio of 0.75 and a beta of 0.90.

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

Charles Schwab Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 13th were issued a $0.32 dividend. The ex-dividend date was Friday, February 13th. This is a positive change from Charles Schwab’s previous quarterly dividend of $0.27. This represents a $1.28 annualized dividend and a dividend yield of 1.4%. Charles Schwab’s dividend payout ratio is 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.