Markel Group Inc. Has $130.05 Million Stock Holdings in The Charles Schwab Corporation $SCHW

Markel Group Inc. increased its position in shares of The Charles Schwab Corporation (NYSE:SCHW) by 0.6% during the 1st quarter, Holdings Channel reports. The fund owned 1,383,800 shares of the financial services provider’s stock after buying an additional 8,000 shares during the quarter. Markel Group Inc.’s holdings in Charles Schwab were worth $130,050,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Dogwood Wealth Management LLC raised its holdings in Charles Schwab by 99.2% in the fourth 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 stake in shares of Charles Schwab in the 4th quarter valued at $26,000. GoalVest Advisory LLC bought a new stake in shares of Charles Schwab in the 4th quarter valued at $28,000. Beacon Financial Strategies CORP acquired a new stake in Charles Schwab during the 4th quarter worth $29,000. Finally, Optima Capital LLC bought a new position in Charles Schwab during the fourth quarter worth about $30,000. Institutional investors and hedge funds own 84.38% of the company’s stock.

Analysts Set New Price Targets

SCHW has been the subject of a number of research analyst reports. Morgan Stanley boosted their target price on Charles Schwab from $125.00 to $133.00 and gave the company an “overweight” rating in a research note on Friday. Barclays dropped their price target on Charles Schwab from $127.00 to $122.00 and set an “overweight” rating on the stock in a research report on Thursday. TD Cowen boosted their price objective on Charles Schwab from $108.00 to $109.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $128.00 target price on shares of Charles Schwab in a research note on Friday, May 15th. Finally, Raymond James Financial raised their target price on shares of Charles Schwab from $126.00 to $137.00 and gave the stock an “outperform” rating in a report on Friday, May 15th. Two analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $116.32.

More 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.

Charles Schwab Stock Up 1.1%

Shares of SCHW traded up $1.11 during midday trading on Friday, hitting $103.02. The stock had a trading volume of 5,677,657 shares, compared to its average volume of 10,709,114. The firm has a market cap of $179.17 billion, a price-to-earnings ratio of 20.44, a price-to-earnings-growth ratio of 0.94 and a beta of 0.77. The company has a 50 day simple moving average of $91.64 and a two-hundred day simple moving average of $95.34. The Charles Schwab Corporation has a twelve month low of $83.96 and a twelve month high of $107.50. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.62 and a quick ratio of 0.62.

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 company 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%.Charles Schwab’s revenue for the quarter was up 15.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.04 earnings per share. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. On average, analysts anticipate that The Charles Schwab Corporation will post 6.22 EPS for the current year.

Charles Schwab Dividend Announcement

The company also recently declared 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 of this dividend was Friday, May 8th. This represents a $1.28 dividend on an annualized basis and a yield of 1.2%. Charles Schwab’s dividend payout ratio is 25.40%.

Insider Buying and Selling at Charles Schwab

In other news, insider Nigel J. Murtagh sold 41,297 shares of the business’s stock in a transaction on Tuesday, April 14th. The shares were sold at an average price of $99.00, for a total value of $4,088,403.00. Following the sale, the insider owned 57,972 shares of the company’s stock, valued at $5,739,228. The trade was a 41.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jonathan S. Beatty sold 2,000 shares of the 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 owned 13,738 shares of the company’s stock, valued at $1,373,937.38. The trade was a 12.71% 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. Insiders sold 63,700 shares of company stock valued at $6,283,211 over the last quarter. Insiders own 6.30% of the company’s stock.

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.