The Charles Schwab Corporation $SCHW Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System decreased its holdings in shares of The Charles Schwab Corporation (NYSE:SCHW) by 6.7% during the first quarter, HoldingsChannel reports. The institutional investor owned 1,255,230 shares of the financial services provider’s stock after selling 89,737 shares during the period. New York State Teachers Retirement System’s holdings in Charles Schwab were worth $117,967,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Dogwood Wealth Management LLC grew its stake in shares of Charles Schwab by 99.2% in the 4th quarter. Dogwood Wealth Management LLC now owns 247 shares of the financial services provider’s stock valued at $25,000 after buying an additional 123 shares during the period. Piscataqua Savings Bank purchased a new position in shares of Charles Schwab during the fourth quarter worth about $26,000. GoalVest Advisory LLC purchased a new stake in shares of Charles Schwab in the fourth quarter valued at about $28,000. Beacon Financial Strategies CORP purchased a new position in shares of Charles Schwab during the 4th quarter worth approximately $29,000. Finally, Optima Capital LLC acquired a new stake in shares of Charles Schwab in the 4th quarter worth approximately $30,000. 84.38% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Charles Schwab

In related news, insider Nigel J. Murtagh sold 41,297 shares of the stock in a transaction dated 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 of the company’s stock, valued at approximately $5,739,228. This represents a 41.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Paul V. Woolway sold 7,942 shares of the firm’s stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $98.00, for a total value of $778,316.00. Following the sale, the insider owned 29,866 shares of the company’s stock, valued at approximately $2,926,868. This trade represents a 21.01% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 59,700 shares of company stock valued at $5,889,131. Insiders own 6.30% of the company’s stock.

Charles Schwab Trading Up 1.1%

SCHW opened at $96.81 on Friday. The Charles Schwab Corporation has a 52-week low of $83.96 and a 52-week high of $107.50. The firm has a market capitalization of $168.37 billion, a P/E ratio of 19.21, a P/E/G ratio of 0.88 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 is $90.35 and its 200-day moving average is $95.15.

Charles Schwab (NYSE:SCHW) last issued its quarterly earnings data 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 firm had revenue of $6.48 billion for the quarter, compared to analyst estimates of $6.39 billion. Charles Schwab had a net margin of 37.99% and a return on equity of 23.05%. The firm’s revenue was up 15.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.04 EPS. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. Analysts expect that The Charles Schwab Corporation will post 6.14 EPS for the current fiscal year.

Charles Schwab Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 22nd. Investors 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 1.3%. Charles Schwab’s payout ratio is 25.40%.

Wall Street Analyst Weigh In

SCHW has been the subject of several recent analyst reports. UBS Group lowered 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 note on Wednesday, April 8th. JPMorgan Chase & Co. upped their price objective on shares of Charles Schwab from $128.00 to $131.00 and gave the company an “overweight” rating in a research note on Friday, April 17th. Raymond James Financial increased their target price on Charles Schwab from $126.00 to $137.00 and gave the stock an “outperform” rating in a research report on Friday, May 15th. Weiss Ratings restated a “buy (b-)” rating on shares of Charles Schwab in a research note on Thursday, June 18th. Finally, Piper Sandler raised their price objective on Charles Schwab from $103.00 to $105.00 and gave the stock a “neutral” rating in a report on Friday, May 15th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $116.00.

Trending Headlines about Charles Schwab

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

• Positive Sentiment: Analysts are highlighting Schwab’s strong earnings surprise track record and saying the company appears well positioned to beat estimates in its next quarterly report. Will Charles Schwab (SCHW) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Recent commentary on Schwab’s Federal Reserve capital review and broader Wall Street positioning suggests investors still see meaningful upside potential, with the stock viewed as attractive even near its 52-week range lows. Here’s Where Charles Schwab Corporation (SCHW) Stands As Per Federal Reserve’s 2026 Comprehensive Capital Analysis
• Neutral Sentiment: Coverage comparing cash yields at Schwab, Vanguard, and Fidelity may prompt some investors to reassess where they hold idle cash, but it is more of an industry comparison than a direct Schwab-specific catalyst. Have Cash at Vanguard, Schwab, or Fidelity? Why You May Want to Move It
• Neutral Sentiment: Broader finance content about wealth, net worth, and investing is not likely to materially affect Schwab’s stock. Are You Wealthier Than You Realize? Understanding Net Worth, Debt, and True Financial Security

Charles Schwab Company 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.