Y Intercept Hong Kong Ltd Sells 334,420 Shares of The Charles Schwab Corporation $SCHW

Y Intercept Hong Kong Ltd lowered its holdings in The Charles Schwab Corporation (NYSE:SCHW) by 95.6% during the 1st quarter, Holdings Channel reports. The firm owned 15,297 shares of the financial services provider’s stock after selling 334,420 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Charles Schwab were worth $1,438,000 as of its most recent filing with the Securities and Exchange Commission.

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

Key Charles Schwab News

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.

Analysts Set New Price Targets

Several analysts have commented on the stock. Argus set a $108.00 price objective on shares of Charles Schwab in a research report on Monday, April 20th. Raymond James Financial increased their target price on shares of Charles Schwab from $126.00 to $137.00 and gave the company an “outperform” rating in a research report on Friday, May 15th. UBS Group raised their price target on shares of Charles Schwab from $119.00 to $122.00 and gave the stock a “buy” rating in a research note on Wednesday. Morgan Stanley lifted their price target on shares of Charles Schwab from $125.00 to $133.00 and gave the stock an “overweight” rating in a report on Friday. Finally, Keefe, Bruyette & Woods started coverage on Charles Schwab in a research note on Wednesday, April 8th. They issued an “outperform” rating and a $110.00 price objective on the stock. Two analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Charles Schwab currently has an average rating of “Moderate Buy” and a consensus target price of $116.32.

Insider Buying and Selling

In related news, insider Jonathan S. Beatty sold 2,000 shares of the stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $100.01, for a total transaction of $200,020.00. Following the sale, the insider owned 13,738 shares of the company’s stock, valued at approximately $1,373,937.38. This represents a 12.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Paul V. Woolway sold 7,941 shares of the firm’s stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $100.00, for a total value of $794,100.00. Following the completion of the transaction, the insider owned 29,866 shares of the company’s stock, valued at approximately $2,986,600. This represents a 21.00% 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. In the last ninety days, insiders have sold 63,700 shares of company stock worth $6,283,211. Insiders own 6.30% of the company’s stock.

Charles Schwab Stock Performance

Shares of NYSE SCHW traded up $1.11 during midday trading on Friday, hitting $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 stock has a fifty day moving average price of $91.64 and a 200 day moving average price of $95.34. The Charles Schwab Corporation has a one year low of $83.96 and a one year high of $107.50. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.48. The firm has a market capitalization of $179.17 billion, a price-to-earnings ratio of 20.44, a P/E/G ratio of 0.93 and a beta of 0.77.

Charles Schwab (NYSE:SCHW) last announced its quarterly earnings results on Thursday, April 16th. The financial services provider reported $1.43 EPS for the quarter, beating analysts’ consensus estimates of $1.39 by $0.04. The company had revenue of $6.48 billion for 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 was up 15.8% compared to the same quarter last year. During the same period in the prior year, the company posted $1.04 EPS. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. On average, research analysts forecast that The Charles Schwab Corporation will post 6.19 EPS for the current fiscal year.

Charles Schwab Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Friday, May 8th were given a dividend of $0.32 per share. The ex-dividend date was Friday, May 8th. This represents a $1.28 annualized dividend and a dividend yield of 1.2%. Charles Schwab’s dividend payout ratio is currently 25.40%.

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.