Greenup Street Wealth Management LLC Sells 14,976 Shares of The Charles Schwab Corporation $SCHW

Greenup Street Wealth Management LLC lowered its stake in shares of The Charles Schwab Corporation (NYSE:SCHW) by 27.4% in the first quarter, Holdings Channel reports. The institutional investor owned 39,739 shares of the financial services provider’s stock after selling 14,976 shares during the period. Greenup Street Wealth Management LLC’s holdings in Charles Schwab were worth $3,735,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Brighton Jones LLC grew its stake in Charles Schwab by 380.5% in the fourth quarter. Brighton Jones LLC now owns 24,240 shares of the financial services provider’s stock valued at $1,794,000 after purchasing an additional 19,195 shares during the last quarter. Sivia Capital Partners LLC lifted its position in shares of Charles Schwab by 21.6% during the second quarter. Sivia Capital Partners LLC now owns 4,553 shares of the financial services provider’s stock valued at $415,000 after buying an additional 809 shares during the last quarter. United Bank boosted its holdings in shares of Charles Schwab by 7.1% in the 2nd quarter. United Bank now owns 16,053 shares of the financial services provider’s stock valued at $1,465,000 after buying an additional 1,070 shares in the last quarter. Nebula Research & Development LLC bought a new stake in shares of Charles Schwab in the 2nd quarter valued at about $552,000. Finally, Main Street Financial Solutions LLC grew its position in shares of Charles Schwab by 4.7% in the 2nd quarter. Main Street Financial Solutions LLC now owns 6,828 shares of the financial services provider’s stock worth $623,000 after buying an additional 305 shares during the last quarter. Institutional investors own 84.38% of the company’s stock.

Insiders Place Their Bets

In related news, insider Nigel J. Murtagh sold 41,297 shares of the company’s stock in a transaction 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 transaction, the insider directly owned 57,972 shares of the company’s stock, valued at $5,739,228. This represents a 41.60% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frank C. Herringer sold 2,520 shares of the firm’s stock in a transaction on Tuesday, April 28th. The stock was sold at an average price of $90.60, for a total value of $228,312.00. Following the completion of the transaction, the director owned 177,508 shares of the company’s stock, valued at $16,082,224.80. This trade represents a 1.40% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 59,700 shares of company stock valued at $5,889,131. Insiders own 6.30% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on SCHW. UBS Group reduced their price objective on shares of Charles Schwab from $125.00 to $119.00 and set a “buy” rating for the company in a research note on Wednesday, April 8th. Piper Sandler raised their target price on shares of Charles Schwab from $103.00 to $105.00 and gave the company a “neutral” rating in a research note on Friday, May 15th. Argus set a $108.00 price target on shares of Charles Schwab in a report on Monday, April 20th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Charles Schwab in a research report on Thursday, June 18th. Finally, Keefe, Bruyette & Woods initiated coverage on Charles Schwab in a report on Wednesday, April 8th. They set an “outperform” rating and a $110.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $116.00.

Charles Schwab Stock Performance

SCHW opened at $91.49 on Thursday. The company has a market cap of $159.11 billion, a P/E ratio of 18.15, a price-to-earnings-growth ratio of 0.85 and a beta of 0.77. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 0.48. The firm’s 50-day moving average price is $90.64 and its 200-day moving average price is $95.27. 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 released its earnings results on Thursday, April 16th. The financial services provider reported $1.43 EPS for the quarter, topping analysts’ consensus estimates of $1.39 by $0.04. The company had revenue of $6.48 billion during the quarter, compared to analysts’ expectations of $6.39 billion. Charles Schwab had a net margin of 37.99% and a return on equity of 23.05%. Charles Schwab’s revenue for the quarter was up 15.8% on a year-over-year basis. During the same period last year, the business earned $1.04 EPS. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. As a group, equities analysts anticipate that The Charles Schwab Corporation will post 6.14 EPS for the current fiscal year.

Charles Schwab Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Friday, May 8th were issued a $0.32 dividend. The ex-dividend date of this dividend was Friday, May 8th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.4%. Charles Schwab’s dividend payout ratio (DPR) is currently 25.40%.

Charles Schwab News Summary

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

• Positive Sentiment: Charles Schwab disclosed the results of the Federal Reserve’s 2026 Comprehensive Capital Analysis and Review, an important capital-planning update that can support confidence in the firm’s financial resilience and shareholder-return capacity.
• Positive Sentiment: Schwab announced its Summer Business Update for institutional investors on July 21, which may keep attention on near-term strategy, client trends, and earnings drivers.
• Positive Sentiment: Cboe said its new prediction-market S&P 500 contracts are expected to launch at Charles Schwab and other retail brokerages in coming months, potentially giving Schwab another product to offer clients and helping drive trading activity.
• Positive Sentiment: Atomic Insights launched direct ACH payment execution through Schwab Advisor Services’ new API, a sign that Schwab continues to expand its technology and payments infrastructure for advisors.
• Positive Sentiment: Schwab was recognized among the nation’s most community-minded companies for the 10th consecutive year, reinforcing its brand and reputation with investors and clients.
• Neutral Sentiment: CNBC highlighted Schwab’s top three income ideas for the rest of 2026, which may draw investor interest to yield-oriented strategies but does not directly change Schwab’s fundamentals.

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.