O Shaughnessy Asset Management LLC decreased its holdings in shares of The Charles Schwab Corporation (NYSE:SCHW – Free Report) by 9.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 263,988 shares of the financial services provider’s stock after selling 29,097 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Charles Schwab were worth $26,375,000 as of its most recent SEC filing.
Several other institutional investors have also modified their holdings of the company. Souders Financial Advisors grew its position in shares of Charles Schwab by 2.3% during the fourth quarter. Souders Financial Advisors now owns 4,341 shares of the financial services provider’s stock worth $434,000 after acquiring an additional 98 shares during the last quarter. Lantz Financial LLC grew its position 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 acquiring an additional 99 shares during the last quarter. Roberts Wealth Advisors LLC grew its position in shares of Charles Schwab by 0.5% during the fourth 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. Essex Financial Services Inc. grew its position in shares of Charles Schwab by 0.8% during the fourth quarter. Essex Financial Services Inc. now owns 12,833 shares of the financial services provider’s stock worth $1,282,000 after acquiring an additional 105 shares during the last quarter. Finally, JFS Wealth Advisors LLC grew its position in shares of Charles Schwab by 0.4% during the fourth quarter. JFS Wealth Advisors LLC now owns 24,626 shares of the financial services provider’s stock worth $2,460,000 after acquiring an additional 107 shares during the last quarter. Institutional investors own 84.38% of the company’s stock.
Insider Activity
In related news, insider Paul V. Woolway sold 7,942 shares of the stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $98.00, for a total value of $778,316.00. Following the transaction, the insider owned 29,866 shares in the company, valued at approximately $2,926,868. This represents a 21.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Nigel J. Murtagh sold 41,297 shares of the stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $99.00, for a total value of $4,088,403.00. Following the completion of the transaction, the insider owned 57,972 shares in the company, valued at $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 have sold 59,700 shares of company stock worth $5,889,131 in the last 90 days. Company insiders own 6.30% of the company’s stock.
Charles Schwab Price Performance
Charles Schwab (NYSE:SCHW – Get Free Report) last posted its quarterly earnings data on Thursday, April 16th. The financial services provider reported $1.43 EPS 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 company had revenue of $6.48 billion during the quarter, compared to analyst estimates of $6.39 billion. During the same period in the prior year, the firm earned $1.04 earnings per share. The business’s quarterly revenue was up 15.8% on a year-over-year basis. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. As a group, analysts expect that The Charles Schwab Corporation will post 6.12 earnings per share for the current fiscal year.
Charles Schwab Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Stockholders of record on Friday, May 8th were issued a $0.32 dividend. The ex-dividend date was Friday, May 8th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.5%. Charles Schwab’s dividend payout ratio is currently 25.40%.
More Charles Schwab News
Here are the key news stories impacting Charles Schwab this week:
- Positive Sentiment: Charles Schwab’s Trading Activity Index rebounded in May, signaling increased retail trading engagement and potentially higher brokerage activity. Schwab Trading Activity Index™: STAX Score Rebounds in May
- Positive Sentiment: Several reports highlighted that Wall Street analysts see meaningful upside in SCHW, with consensus price targets implying about 29% potential gain, which may support investor sentiment. Does Charles Schwab (SCHW) Have the Potential to Rally 29.39% as Wall Street Analysts Expect?
- Positive Sentiment: Charles Schwab executives also sounded constructive on retail market activity, noting a pickup in options trading and broader investor participation, which can be viewed as favorable for trading-related revenue. Seeing a pickup in options trading among retail investors, says Charles Schwab’s Joe Mazzola
- Neutral Sentiment: Additional media appearances by Schwab strategists, including commentary on AI-driven market leadership and the broader equity backdrop, are more market commentary than company-specific catalysts. AI buildout is not just benefitting the megacap tech trade, says Charles Schwab’s Liz Ann Sonders
- Negative Sentiment: One commentary piece warned investors that Schwab is not immune to spending and market-risk concerns, which may temper enthusiasm despite the positive activity data. Charles Schwab warns of honeymoon spending trap
Wall Street Analyst Weigh In
Several research firms have recently commented on SCHW. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $128.00 price target on shares of Charles Schwab in a research report on Friday, May 15th. TD Cowen increased their target price on shares of Charles Schwab from $108.00 to $109.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Raymond James Financial increased their target price on shares of Charles Schwab from $126.00 to $137.00 and gave the company an “outperform” rating in a research report on Friday, May 15th. UBS Group decreased their target price on shares of Charles Schwab from $125.00 to $119.00 and set a “buy” rating for the company in a research report on Wednesday, April 8th. Finally, Keefe, Bruyette & Woods initiated coverage on shares of Charles Schwab in a research report on Wednesday, April 8th. They issued an “outperform” rating and a $110.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Charles Schwab has a consensus rating of “Moderate Buy” and an average price target of $116.00.
View Our Latest Report on Charles Schwab
About Charles Schwab
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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