GSA Capital Partners LLP increased its stake in shares of The Charles Schwab Corporation (NYSE:SCHW – Free Report) by 260.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 11,672 shares of the financial services provider’s stock after buying an additional 8,430 shares during the quarter. GSA Capital Partners LLP’s holdings in Charles Schwab were worth $1,166,000 at the end of the most recent reporting period.
A number of other institutional investors have also added to or reduced their stakes in the stock. Tredje AP fonden bought a new stake in Charles Schwab during the 4th quarter worth approximately $18,323,000. Larson Financial Group LLC grew its holdings in Charles Schwab by 11.4% during the 4th quarter. Larson Financial Group LLC now owns 13,647 shares of the financial services provider’s stock worth $1,364,000 after acquiring an additional 1,399 shares during the last quarter. Handelsbanken Fonder AB grew its holdings in Charles Schwab by 5.2% during the 4th quarter. Handelsbanken Fonder AB now owns 646,667 shares of the financial services provider’s stock worth $64,608,000 after acquiring an additional 31,698 shares during the last quarter. Csenge Advisory Group grew its holdings in Charles Schwab by 8.9% during the 4th quarter. Csenge Advisory Group now owns 21,394 shares of the financial services provider’s stock worth $2,137,000 after acquiring an additional 1,755 shares during the last quarter. Finally, Integral Investment Advisors Inc. grew its holdings in Charles Schwab by 26.8% during the 4th quarter. Integral Investment Advisors Inc. now owns 9,257 shares of the financial services provider’s stock worth $925,000 after acquiring an additional 1,957 shares during the last quarter. 84.38% of the stock is currently owned by institutional investors and hedge funds.
Charles Schwab News Summary
Here are the key news stories impacting Charles Schwab this week:
- Positive Sentiment: Charles Schwab raised $2.2 billion through senior notes, improving financial flexibility and potentially supporting future growth. Charles Schwab Raises $2.2 Billion Through Senior Notes
- Positive Sentiment: Piper Sandler lifted its price target on SCHW to $105, citing potential revenue upside from improving net interest margin. Piper Sandler Raises PT On Charles Schwab (SCHW) To $105, Cites Revenue Upside From NIM Improvement
- Positive Sentiment: Schwab was recognized by U.S. News as the Best Investing Platform Overall for the fourth year in a row, reinforcing its brand strength and competitive position. Charles Schwab Recognized as Best Investing Platform Overall by U.S. News for Fourth Consecutive Year
- Neutral Sentiment: Schwab’s new retail client sentiment report showed investors have turned more bearish on the U.S. stock market, but still feel confident in their own investing approach and long-term goals. Schwab Q2 Retail Client Sentiment Report
- Neutral Sentiment: Schwab’s comments on new T+1 settlement rules highlight another industry change affecting stock trading, but the impact on earnings is unclear from the available details. Schwab flagged new T+1 settlement rules that impact stock trades
- Negative Sentiment: Broader client sentiment data shows retail investors are increasingly cautious on stocks, which could signal softer trading activity if that mood persists. Schwab Q2 Retail Client Sentiment Report: Investors Turn Bearish on U.S. Stock Market but Remain Confident in their Investing Approach and Likelihood of Reaching Goals
Wall Street Analysts Forecast Growth
Get Our Latest Report on Charles Schwab
Charles Schwab Stock Up 0.3%
Shares of NYSE SCHW opened at $90.41 on Friday. The firm has a market cap of $157.23 billion, a PE ratio of 17.94, a P/E/G ratio of 0.63 and a beta of 0.80. The Charles Schwab Corporation has a 12-month low of $85.76 and a 12-month high of $107.50. The company’s fifty day simple moving average is $92.74 and its 200 day simple moving average is $95.88. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 0.48.
Charles Schwab (NYSE:SCHW – Get Free Report) last released its quarterly earnings data on Thursday, April 16th. The financial services provider reported $1.43 earnings per share for the quarter, beating analysts’ consensus estimates of $1.39 by $0.04. Charles Schwab had a net margin of 37.99% and a return on equity of 23.05%. The firm had revenue of $6.48 billion for the quarter, compared to analyst estimates of $6.39 billion. During the same period last year, the firm earned $1.04 earnings per share. The business’s quarterly revenue was up 15.8% compared to the same quarter last year. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. As a group, sell-side analysts forecast that The Charles Schwab Corporation will post 6.1 earnings per share for the current fiscal year.
Charles Schwab Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Friday, May 8th will be paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, May 8th. Charles Schwab’s dividend payout ratio (DPR) is 25.40%.
Insider Buying and Selling at Charles Schwab
In other news, insider Paul V. Woolway sold 15,884 shares of the stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $95.12, for a total value of $1,510,886.08. Following the completion of the sale, the insider owned 35,992 shares in the company, valued at $3,423,559.04. This represents a 30.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Nigel J. Murtagh sold 41,297 shares of the stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $99.00, for a total transaction of $4,088,403.00. Following the completion of the sale, the insider owned 57,972 shares of the company’s stock, valued at approximately $5,739,228. This represents a 41.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 126,924 shares of company stock valued at $12,268,634 over the last ninety days. 6.30% of the stock is currently owned by corporate insiders.
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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