Kinsale Capital Group Inc. lifted its stake in shares of The Charles Schwab Corporation (NYSE:SCHW – Free Report) by 4.1% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 150,470 shares of the financial services provider’s stock after acquiring an additional 5,960 shares during the period. Charles Schwab accounts for about 2.3% of Kinsale Capital Group Inc.’s portfolio, making the stock its 10th largest position. Kinsale Capital Group Inc.’s holdings in Charles Schwab were worth $14,141,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also bought and sold shares of SCHW. Dogwood Wealth Management LLC grew its stake in shares of Charles Schwab by 99.2% in the 4th quarter. Dogwood Wealth Management LLC now owns 247 shares of the financial services provider’s stock valued at $25,000 after buying an additional 123 shares during the period. Piscataqua Savings Bank purchased a new position in shares of Charles Schwab during the fourth quarter valued at approximately $26,000. GoalVest Advisory LLC bought a new stake in shares of Charles Schwab in the 4th quarter worth $28,000. Beacon Financial Strategies CORP bought a new stake in Charles Schwab in the 4th quarter worth about $29,000. Finally, Optima Capital LLC bought a new position in shares of Charles Schwab in the fourth quarter valued at approximately $30,000. 84.38% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at Charles Schwab
In other Charles Schwab news, insider Jonathan S. Beatty sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $100.01, for a total value of $200,020.00. Following the completion of the transaction, the insider owned 13,738 shares of the company’s stock, valued at $1,373,937.38. The trade was a 12.71% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frank C. Herringer sold 2,520 shares of the stock in a transaction on Tuesday, April 28th. The stock was sold at an average price of $90.60, for a total transaction of $228,312.00. Following the completion of the transaction, the director directly owned 177,508 shares in the company, valued at $16,082,224.80. The trade was a 1.40% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 6,520 shares of company stock valued at $622,392. Corporate insiders own 6.30% of the company’s stock.
Key Stories Impacting Charles Schwab
- Positive Sentiment: Erste Group Bank raised its FY2026 earnings estimate for Charles Schwab to $6.34 per share from $6.16 and boosted FY2027 EPS to $7.64, signaling stronger profit expectations than the current consensus. Charles Schwab estimates update
- Positive Sentiment: Multiple recent articles say SCHW is drawing attention as investors look ahead to its June-quarter results, with rising earnings optimism and valuation commentary suggesting the shares may still have upside. Analyst revisions and earnings preview
- Neutral Sentiment: Schwab strategist Liz Ann Sonders discussed rebalancing, sector rotation, and semiconductor positioning; while useful market commentary, it does not directly change Schwab’s fundamentals. Liz Ann Sonders interview
- Neutral Sentiment: Schwab’s annual RIA survey highlighted ongoing challenges around organic growth and hiring, which is informative for the wealth-management business but not an immediate stock catalyst. RIA benchmarking survey
Analysts Set New Price Targets
A number of research firms recently issued reports on SCHW. Jefferies Financial Group decreased their price objective on shares of Charles Schwab from $122.00 to $118.00 and set a “buy” rating for the company in a report on Monday, April 6th. Zacks Research upgraded shares of Charles Schwab from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 9th. Truist Financial reduced their price objective on shares of Charles Schwab from $122.00 to $120.00 and set a “buy” rating for the company in a research note on Wednesday, April 1st. Raymond James Financial increased their target price on Charles Schwab from $126.00 to $137.00 and gave the stock an “outperform” rating in a research report on Friday, May 15th. Finally, Argus set a $108.00 price target on Charles Schwab in a report on Monday, April 20th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $117.50.
Get Our Latest Stock Report on SCHW
Charles Schwab Trading Down 1.1%
Charles Schwab stock opened at $101.66 on Friday. 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 fifty-two week low of $83.96 and a fifty-two week high of $107.50. The stock has a market cap of $176.79 billion, a P/E ratio of 20.17, a PEG ratio of 0.85 and a beta of 0.77. The firm’s fifty day moving average price is $92.77 and its 200-day moving average price is $95.36.
Charles Schwab (NYSE:SCHW – Get Free Report) last posted its quarterly earnings data on Thursday, April 16th. The financial services provider reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.39 by $0.04. Charles Schwab had a return on equity of 23.05% and a net margin of 37.99%.The company had revenue of $6.48 billion during the quarter, compared to analyst estimates of $6.39 billion. The firm’s quarterly revenue was up 15.8% on a year-over-year basis. During the same quarter last year, the company earned $1.04 earnings per share. Equities research analysts forecast that The Charles Schwab Corporation will post 6.25 earnings per share for the current fiscal year.
Charles Schwab Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, May 22nd. Stockholders of record on Friday, May 8th were given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Friday, May 8th. Charles Schwab’s dividend payout ratio (DPR) is 25.40%.
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.
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