Mitsubishi UFJ Asset Management Co. Ltd. Takes $15.16 Million Position in The Charles Schwab Corporation $SCHW

Posted by Stanley Muller on Aug 21st, 2026

Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in The Charles Schwab Corporation (NYSE:SCHW – Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 66,864 shares of the financial services provider’s stock, valued at approximately $15,164,000.

A number of other hedge funds have also recently added to or reduced their stakes in SCHW. Souders Financial Advisors grew its stake 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 valued at $434,000 after purchasing an additional 98 shares during the last quarter. Essex Financial Services Inc. raised its position in Charles Schwab by 0.8% in the 4th quarter. Essex Financial Services Inc. now owns 12,833 shares of the financial services provider’s stock worth $1,282,000 after purchasing an additional 105 shares during the last quarter. Sheets Smith Wealth Management lifted its holdings in Charles Schwab by 0.7% during the 1st quarter. Sheets Smith Wealth Management now owns 14,521 shares of the financial services provider’s stock worth $1,365,000 after buying an additional 108 shares in the last quarter. Acorn Financial Advisory Services Inc. ADV boosted its position in Charles Schwab by 4.5% in the 4th quarter. Acorn Financial Advisory Services Inc. ADV now owns 2,536 shares of the financial services provider’s stock valued at $253,000 after buying an additional 110 shares during the last quarter. Finally, Interchange Capital Partners LLC boosted its holdings in Charles Schwab by 2.8% in the fourth quarter. Interchange Capital Partners LLC now owns 4,104 shares of the financial services provider’s stock valued at $410,000 after acquiring an additional 112 shares during the last quarter. Institutional investors own 84.38% of the company’s stock.

Charles Schwab Price Performance

Shares of NYSE:SCHW opened at $109.70 on Friday. The company has a market cap of $189.71 billion, a price-to-earnings ratio of 19.95, a PEG ratio of 0.85 and a beta of 0.76. The Charles Schwab Corporation has a one year low of $83.96 and a one year high of $112.20. 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 firm has a 50 day simple moving average of $101.17 and a 200 day simple moving average of $96.04.

Charles Schwab (NYSE:SCHW – Get Free Report) last issued its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $1.62 EPS for the quarter, topping analysts’ consensus estimates of $1.56 by $0.06. Charles Schwab had a net margin of 38.79% and a return on equity of 24.53%. The company had revenue of $7.07 billion for the quarter, compared to analyst estimates of $6.90 billion. During the same quarter in the previous year, the business earned $1.14 earnings per share. Charles Schwab’s revenue was up 20.9% compared to the same quarter last year. Research analysts predict that The Charles Schwab Corporation will post 6.46 earnings per share for the current fiscal year.

Charles Schwab Announces Dividend

The firm 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 dividend of $0.32 per share. The ex-dividend date is Friday, August 14th. This represents a $1.28 annualized dividend and a yield of 1.2%. Charles Schwab’s dividend payout ratio is presently 23.27%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Citigroup reaffirmed a “market outperform” rating on shares of Charles Schwab in a research note on Wednesday, July 22nd. Compass Point started coverage on shares of Charles Schwab in a research note on Monday, August 3rd. They issued a “buy” rating and a $135.00 target price for the company. TD Cowen raised their price target on shares of Charles Schwab from $108.00 to $109.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. Argus lifted their target price on Charles Schwab from $108.00 to $114.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. Finally, Wolfe Research reaffirmed an “outperform” rating and set a $127.00 price target on shares of Charles Schwab in a research report on Tuesday, July 21st. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $121.17.

Check Out Our Latest Report on Charles Schwab

Charles Schwab News Roundup

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

Positive Sentiment: Schwab is expanding its Hyderabad global technology center to approximately 2,000 employees by the end of 2027. The facility is expected to support engineering, automation and artificial-intelligence initiatives, potentially improving operating efficiency and helping control long-term costs. Schwab Expands India Tech Hub as AI Reshapes Global Banking Operations
Positive Sentiment: The company’s latest quarterly results exceeded expectations, with earnings per share of $1.62 versus a $1.56 consensus estimate and revenue of $7.07 billion versus $6.90 billion. Revenue grew 20.9% year over year, reinforcing the recent investment case and supporting analyst optimism. Why Is Charles Schwab Up Since Its Last Earnings Report?
Neutral Sentiment: SCHW recently reached a 52-week high, supported by record client assets, higher margins and strong earnings momentum. However, after a 106% three-year gain and trading near analyst price targets, valuation may limit near-term upside unless growth remains strong. Schwab Hits a New 52-Week High
Negative Sentiment: Schwab reportedly said RIAs will no longer receive referrals involving clients with less than $5 million in assets starting in 2027. Advisors may view the higher asset threshold as an implied fee or reduced access to Schwab’s referral pipeline, creating concern about advisor relationships, client acquisition and future asset flows. Schwab Changes RIA Referral Thresholds
Negative Sentiment: The referral-policy change arrives shortly after Schwab promoted plans to hire thousands of financial consultants, highlighting possible channel tension between Schwab’s direct advisory expansion and its independent-advisor network. Investors may be concerned about execution and reputational risks.

Insider Buying and Selling

In related news, insider Dennis Howard sold 2,198 shares of the company’s 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 completion of the sale, the insider owned 6,980 shares in the company, valued at approximately $767,800. This represents a 23.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jonathan S. Beatty sold 1,000 shares of the company’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $111.33, for a total transaction of $111,330.00. Following the sale, the insider directly owned 10,738 shares in the company, valued at approximately $1,195,461.54. This trade represents a 8.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 398,984 shares of company stock worth $41,699,569 over the last ninety days. Insiders own 6.30% of the company’s stock.

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.