Ferguson Wellman Capital Management Inc. Raises Stake in The Charles Schwab Corporation $SCHW

Ferguson Wellman Capital Management Inc. grew its position in The Charles Schwab Corporation (NYSE:SCHW) by 17.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 389,361 shares of the financial services provider’s stock after purchasing an additional 59,078 shares during the quarter. Ferguson Wellman Capital Management Inc.’s holdings in Charles Schwab were worth $36,592,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently modified their holdings of SCHW. Dogwood Wealth Management LLC lifted its position in shares of Charles Schwab by 99.2% in the fourth quarter. Dogwood Wealth Management LLC now owns 247 shares of the financial services provider’s stock valued at $25,000 after acquiring an additional 123 shares in the last quarter. Piscataqua Savings Bank bought a new position in shares of Charles Schwab in the fourth quarter worth about $26,000. GoalVest Advisory LLC purchased a new position in Charles Schwab in the 4th quarter worth approximately $28,000. Beacon Financial Strategies CORP purchased a new position in Charles Schwab in the 4th quarter worth approximately $29,000. Finally, Optima Capital LLC bought a new position in Charles Schwab in the 4th quarter worth approximately $30,000. Hedge funds and other institutional investors own 84.38% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Raymond James Financial boosted their price target on shares of Charles Schwab from $126.00 to $137.00 and gave the stock an “outperform” rating in a research note on Friday, May 15th. Argus set a $108.00 price objective on Charles Schwab in a research report on Monday, April 20th. Barclays reduced their target price on Charles Schwab from $127.00 to $122.00 and set an “overweight” rating on the stock in a report on Thursday. Morgan Stanley boosted their target price on Charles Schwab from $125.00 to $133.00 and gave the stock an “overweight” rating in a research report on Friday. Finally, UBS Group increased their price target on Charles Schwab from $119.00 to $122.00 and gave the company a “buy” rating in a research note on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $116.32.

Insider Buying and Selling

In related news, insider Paul V. Woolway sold 7,942 shares of the firm’s stock in a transaction 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 completion of the sale, the insider directly owned 29,866 shares in the company, valued at $2,926,868. This trade represents a 21.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jonathan S. Beatty sold 2,000 shares of Charles Schwab stock in a transaction on Monday, July 6th. The stock was sold at an average price of $100.01, for a total transaction of $200,020.00. Following the transaction, the insider directly owned 13,738 shares of the company’s stock, valued at $1,373,937.38. The trade was a 12.71% decrease in their ownership of the stock. 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 a total of 63,700 shares of company stock worth $6,283,211 in the last 90 days. Company insiders own 6.30% of the company’s stock.

Key Stories Impacting Charles Schwab

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

• Positive Sentiment: Charles Schwab was upgraded to a Zacks Rank #1 (Strong Buy), signaling improving earnings outlooks and potentially boosting near-term investor sentiment. Article Title
• Positive Sentiment: Morgan Stanley raised its price target on SCHW to $133 from $125 and kept an overweight rating, reinforcing expectations for more upside.
• Positive Sentiment: Brokerage sentiment remains constructive overall, with another report citing an average Moderate Buy rating from analysts.
• Positive Sentiment: Schwab’s push into digital assets and crypto trading could be an additional long-term growth driver, as the company reportedly hires for its blockchain and crypto team ahead of a rollout. Article Title
• Neutral Sentiment: Schwab strategists warned that the era of easy index gains may be ending, reflecting a more volatile market backdrop that could affect trading and client behavior in either direction. Article Title
• Neutral Sentiment: Media coverage about Trump-related trading activity through a Schwab account is likely more of a headline risk than a direct business driver unless it leads to regulatory or reputational issues. Article Title
• Negative Sentiment: Barclays lowered its price target on SCHW to $122 from $127, which is a modest negative, though the firm still rates the stock overweight.

Charles Schwab Price Performance

Shares of NYSE:SCHW traded up $1.11 on Friday, reaching $103.02. The company’s stock had a trading volume of 5,677,657 shares, compared to its average volume of 10,709,114. The company has a 50-day simple moving average of $91.64 and a 200 day simple moving average of $95.34. The Charles Schwab Corporation has a 52-week low of $83.96 and a 52-week high of $107.50. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.62 and a current ratio of 0.62. The company has a market cap of $179.17 billion, a P/E ratio of 20.44, a PEG ratio of 0.94 and a beta of 0.77.

Charles Schwab (NYSE:SCHW) last released its quarterly earnings results on Thursday, April 16th. The financial services provider reported $1.43 EPS for the quarter, topping the consensus estimate of $1.39 by $0.04. Charles Schwab had a return on equity of 23.05% and a net margin of 37.99%.The company had revenue of $6.48 billion during the quarter, compared to analyst estimates of $6.39 billion. During the same quarter last year, the business posted $1.04 earnings per share. The firm’s 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, equities research analysts anticipate that The Charles Schwab Corporation will post 6.22 EPS for the current fiscal year.

Charles Schwab Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Stockholders of record on Friday, May 8th were paid 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 was Friday, May 8th. Charles Schwab’s dividend payout ratio (DPR) is presently 25.40%.

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.