The Charles Schwab Corporation $SCHW Holdings Cut by Jupiter Asset Management Ltd.

Jupiter Asset Management Ltd. lowered its stake in shares of The Charles Schwab Corporation (NYSE:SCHW) by 10.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 797,358 shares of the financial services provider’s stock after selling 94,166 shares during the period. Jupiter Asset Management Ltd.’s holdings in Charles Schwab were worth $79,664,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Vanguard Group Inc. raised its holdings in shares of Charles Schwab by 0.3% during the third quarter. Vanguard Group Inc. now owns 151,585,214 shares of the financial services provider’s stock worth $14,471,840,000 after acquiring an additional 403,133 shares in the last quarter. State Street Corp grew its stake in Charles Schwab by 1.0% in the third quarter. State Street Corp now owns 73,156,290 shares of the financial services provider’s stock valued at $6,984,231,000 after purchasing an additional 691,671 shares in the last quarter. Geode Capital Management LLC increased its position in Charles Schwab by 0.3% in the 4th quarter. Geode Capital Management LLC now owns 37,667,640 shares of the financial services provider’s stock worth $3,747,646,000 after purchasing an additional 98,242 shares during the last quarter. Fisher Asset Management LLC raised its stake in shares of Charles Schwab by 0.8% during the 4th quarter. Fisher Asset Management LLC now owns 21,818,514 shares of the financial services provider’s stock worth $2,179,888,000 after purchasing an additional 171,926 shares in the last quarter. Finally, Primecap Management Co. CA raised its position in Charles Schwab by 11.4% during the third quarter. Primecap Management Co. CA now owns 21,209,187 shares of the financial services provider’s stock valued at $2,024,841,000 after acquiring an additional 2,174,381 shares in the last quarter. 84.38% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Charles Schwab

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

• Negative Sentiment: Schwab’s recent $1.0 billion and $1.25 billion senior notes offerings, combined with co-chairman Charles R. Schwab’s share sale and a steady stream of insider selling, may be pressuring the stock as investors reassess balance-sheet and sentiment risks. Article Title
• Positive Sentiment: Schwab continues to expand its wealth management reach, with advisor-service head Jon Beatty saying the firm’s growing Schwab Wealth Advisory footprint is not likely to conflict with RIAs, which supports the long-term growth narrative. Article Title
• Positive Sentiment: Schwab Foundation launched new Moneywise Momentum Grants as part of a $20 million financial-education commitment, reinforcing the company’s brand and customer-engagement efforts. Article Title
• Neutral Sentiment: Liz Ann Sonders warned against treating the market like a “casino,” a commentary that reflects Schwab’s market perspective but does not appear to be a direct business catalyst. Article Title
• Neutral Sentiment: Multiple Charles Schwab Challenge golf stories are creating brand visibility, but they are unlikely to materially move SCHW shares. Article Title

Charles Schwab Trading Down 0.3%

Shares of NYSE:SCHW opened at $85.35 on Friday. 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 stock’s 50-day moving average is $92.27 and its 200-day moving average is $95.67. The company has a market cap of $148.44 billion, a P/E ratio of 16.94, a P/E/G ratio of 0.58 and a beta of 0.80. The Charles Schwab Corporation has a 52-week low of $83.96 and a 52-week high of $107.50.

Charles Schwab (NYSE:SCHW) last posted its quarterly earnings data on Thursday, April 16th. The financial services provider reported $1.43 earnings per share for the quarter, topping the consensus estimate of $1.39 by $0.04. The business had revenue of $6.48 billion during the quarter, compared to analysts’ expectations of $6.39 billion. Charles Schwab had a return on equity of 23.05% and a net margin of 37.99%.The firm’s revenue was up 15.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.04 EPS. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. Equities research analysts predict that The Charles Schwab Corporation will post 6.12 earnings per share for the current 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. The ex-dividend date was Friday, May 8th. This represents a $1.28 annualized dividend and a dividend yield of 1.5%. Charles Schwab’s dividend payout ratio (DPR) is presently 25.40%.

Insider Activity at Charles Schwab

In other news, insider Dennis Howard sold 10,108 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $94.60, for a total transaction of $956,216.80. Following the transaction, the insider owned 10,470 shares in the company, valued at approximately $990,462. The trade was a 49.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 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. The trade was a 41.60% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 99,021 shares of company stock worth $9,617,291. 6.30% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the stock. Raymond James Financial increased 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. TD Cowen increased their target price on shares of Charles Schwab from $108.00 to $109.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Argus set a $108.00 price target on Charles Schwab in a research report on Monday, April 20th. JPMorgan Chase & Co. increased their price objective on Charles Schwab from $128.00 to $131.00 and gave the company an “overweight” rating in a report on Friday, April 17th. Finally, Truist Financial reduced their target price on Charles Schwab from $122.00 to $120.00 and set a “buy” rating for the company in a report on Wednesday, April 1st. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $114.30.

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.