Community Trust & Investment Co. Takes Position in The Charles Schwab Corporation $SCHW

Posted by George Bondi on Aug 8th, 2026

Community Trust & Investment Co. bought a new stake in The Charles Schwab Corporation (NYSE:SCHW – Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 39,709 shares of the financial services provider’s stock, valued at approximately $3,664,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank acquired a new stake in shares of Charles Schwab in the fourth quarter valued at approximately $1,994,189,000. Bank of New York Mellon Corp increased its holdings in shares of Charles Schwab by 22.9% during the 1st quarter. Bank of New York Mellon Corp now owns 16,162,082 shares of the financial services provider’s stock worth $1,518,913,000 after acquiring an additional 3,009,884 shares during the last quarter. Primecap Management Co. CA increased its holdings in shares of Charles Schwab by 9.7% during the 4th quarter. Primecap Management Co. CA now owns 23,276,071 shares of the financial services provider’s stock worth $2,325,512,000 after acquiring an additional 2,066,884 shares during the last quarter. Focus Partners Wealth raised its stake in Charles Schwab by 716.5% in the 4th quarter. Focus Partners Wealth now owns 2,101,463 shares of the financial services provider’s stock valued at $209,948,000 after acquiring an additional 1,844,095 shares during the period. Finally, Vaughan Nelson Investment Management L.P. acquired a new stake in Charles Schwab during the 1st quarter valued at $129,140,000. Institutional investors own 84.38% of the company’s stock.

Insider Activity

In related news, insider Jonathan S. Beatty sold 2,000 shares of the business’s stock in a transaction dated Tuesday, July 21st. The stock was sold at an average price of $104.21, for a total value of $208,420.00. Following the completion of the transaction, the insider owned 11,738 shares of the company’s stock, valued at $1,223,216.98. The trade was a 14.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Peter J. Morgan III sold 6,952 shares of the company’s stock in a transaction dated Thursday, July 23rd. The stock was sold at an average price of $102.03, for a total transaction of $709,312.56. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 363,848 shares of company stock worth $37,874,706. 6.30% of the stock is owned by insiders.

Charles Schwab Stock Down 0.1%

SCHW stock opened at $107.55 on Friday. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.62 and a quick ratio of 0.62. The stock has a market capitalization of $187.04 billion, a price-to-earnings ratio of 19.55, a PEG ratio of 0.82 and a beta of 0.76. The business’s fifty day moving average price is $97.28 and its two-hundred day moving average price is $95.66. The Charles Schwab Corporation has a fifty-two week low of $83.96 and a fifty-two week high of $109.05.

Charles Schwab (NYSE:SCHW – Get Free Report) last announced its earnings results on Tuesday, July 21st. The financial services provider reported $1.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.56 by $0.06. Charles Schwab had a net margin of 38.79% and a return on equity of 24.73%. The company had revenue of $7.07 billion during the quarter, compared to analysts’ expectations of $6.90 billion. During the same quarter in the previous year, the business posted $1.14 earnings per share. Charles Schwab’s quarterly revenue was up 20.9% on a year-over-year basis. On average, equities analysts anticipate that The Charles Schwab Corporation will post 6.46 earnings per share for the current year.

Charles Schwab Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be issued a $0.32 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $1.28 annualized dividend and a yield of 1.2%. Charles Schwab’s payout ratio is currently 23.27%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on SCHW shares. Piper Sandler set a $118.00 price objective on shares of Charles Schwab in a research report on Tuesday, July 21st. Raymond James Financial reissued an “outperform” rating and issued a $145.00 price objective on shares of Charles Schwab in a research report on Wednesday, July 22nd. Barclays raised their target price on shares of Charles Schwab from $122.00 to $125.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 22nd. TD Cowen upped their price target on shares of Charles Schwab from $108.00 to $109.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Finally, Citigroup reissued a “market outperform” rating on shares of Charles Schwab in a report on Wednesday, July 22nd. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $121.17.

Get Our Latest Analysis on Charles Schwab

About Charles Schwab

(Free Report)

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.