Primecap Management Co. CA Acquires New Stake in The Charles Schwab Corporation $SCHW

Posted by Brian Himes on Aug 27th, 2026

Primecap Management Co. CA acquired a new stake in The Charles Schwab Corporation (NYSE:SCHW – Free Report) during the 2nd quarter, Holdings Channel reports. The institutional investor acquired 266,870 shares of the financial services provider’s stock, valued at approximately $60,523,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Dogwood Wealth Management LLC increased its position in shares of Charles Schwab by 99.2% during the fourth quarter. Dogwood Wealth Management LLC now owns 247 shares of the financial services provider’s stock worth $25,000 after acquiring an additional 123 shares during the period. Compass Financial Management LLC purchased a new stake in shares of Charles Schwab in the second quarter valued at approximately $27,000. Scarborough Advisors LLC bought a new position in Charles Schwab in the first quarter worth approximately $29,000. McIlrath & Eck LLC increased its holdings in Charles Schwab by 143.2% during the 4th quarter. McIlrath & Eck LLC now owns 321 shares of the financial services provider’s stock worth $32,000 after purchasing an additional 189 shares during the period. Finally, Allworth Financial LP purchased a new position in Charles Schwab during the 2nd quarter worth $75,000. Hedge funds and other institutional investors own 84.38% of the company’s stock.

Charles Schwab News Summary

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

Positive Sentiment: OneVest launched on Schwab’s digital account-opening API, including a flexible “headless” option for wealth-management firms. The integration could expand Schwab’s advisor-services technology ecosystem and make its platform more attractive to fintech partners. OneVest Goes Live on Schwab’s Digital Account Opening API
Positive Sentiment: Recent brokerage-stock comparisons highlight Schwab’s scale, diversified revenue base and improving earnings profile. Its valuation is viewed as more reasonable than Interactive Brokers’ despite IBKR’s faster growth, reinforcing the potential appeal of SCHW to value-oriented investors. Schwab vs. Interactive Brokers: Which Brokerage Stock is a Better Buy?
Neutral Sentiment: Commentary expects market volatility to rise later this year while the VIX remains historically subdued. Higher volatility could increase trading activity and options interest, but the articles primarily frame options as a trading strategy rather than a direct earnings catalyst for Schwab. Markets May Soon Turn Rocky. Time to Trade Schwab Stock.
Negative Sentiment: Vanguard’s planned $4 billion acquisition of Altruist increases competitive pressure in digital wealth management, a market where Vanguard, Fidelity and Schwab are already competing for advisors and assets. Vanguard Takes On Fidelity, Charles Schwab With $4 Billion Altruist Deal
Negative Sentiment: Investors appear to be taking profits after Schwab’s strong earnings, rally and recent one-year high. Because earnings and bank-sweep balances are sensitive to interest rates, changing rate expectations and bond-market moves are adding pressure. Heavy insider selling reported over the past six months may also weigh on sentiment, although CEO Richard Wurster was a buyer. Charles Schwab Shares Slip as Investors Weigh Rate Sensitivity and Recent Profit-Taking

Insider Buying and Selling

In other Charles Schwab news, insider Nigel J. Murtagh sold 24,778 shares of the firm’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $109.01, for a total value of $2,701,049.78. Following the completion of the transaction, the insider owned 57,972 shares of the company’s stock, valued at approximately $6,319,527.72. This trade represents a 29.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Dennis Howard sold 2,198 shares of Charles Schwab stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $110.00, for a total transaction of $241,780.00. Following the sale, the insider owned 6,980 shares of the company’s stock, valued at $767,800. The trade was a 23.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 575,194 shares of company stock worth $61,697,642 over the last ninety days. Company insiders own 6.30% of the company’s stock.

Charles Schwab Stock Down 2.4%

Charles Schwab stock opened at $109.55 on Thursday. The Charles Schwab Corporation has a 1-year low of $83.96 and a 1-year high of $114.53. The business has a fifty day moving average price of $102.72 and a 200-day moving average price of $96.27. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.64 and a quick ratio of 0.64. The stock has a market capitalization of $189.45 billion, a price-to-earnings ratio of 19.92, a PEG ratio of 0.84 and a beta of 0.76.

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 the consensus estimate of $1.56 by $0.06. Charles Schwab had a return on equity of 24.53% and a net margin of 38.79%.The company had revenue of $7.07 billion for the quarter, compared to analyst estimates of $6.90 billion. During the same period in the prior year, the company posted $1.14 EPS. The firm’s quarterly revenue was up 20.9% compared to the same quarter last year. Equities research analysts forecast that The Charles Schwab Corporation will post 6.46 EPS for the current fiscal year.

Charles Schwab Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on SCHW. Morgan Stanley upped their target price on Charles Schwab from $133.00 to $136.00 and gave the stock an “overweight” rating in a report on Monday, July 27th. Barclays increased their target price on shares of Charles Schwab from $122.00 to $125.00 and gave the stock an “overweight” rating in a report on Wednesday, July 22nd. Citigroup restated a “market outperform” rating on shares of Charles Schwab in a report on Wednesday, July 22nd. Compass Point began coverage on shares of Charles Schwab in a research report on Monday, August 3rd. They issued a “buy” rating and a $135.00 price target for the company. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Charles Schwab in a research note on Thursday, June 18th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Charles Schwab currently has a consensus rating of “Moderate Buy” and an average price target of $121.17.

Read Our Latest Stock Report on SCHW

Charles Schwab Company Profile

(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.