Deutsche Bank AG Invests $62.72 Million in The Charles Schwab Corporation $SCHW

Deutsche Bank AG acquired a new position in The Charles Schwab Corporation (NYSE:SCHW) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 276,569 shares of the financial services provider’s stock, valued at approximately $62,723,000.

A number of other institutional investors also recently bought and sold shares of SCHW. Norges Bank bought a new stake in shares of Charles Schwab during the 4th quarter valued at about $1,994,189,000. Bank of New York Mellon Corp boosted its holdings in shares of Charles Schwab by 22.9% in the first quarter. Bank of New York Mellon Corp now owns 16,162,082 shares of the financial services provider’s stock worth $1,518,913,000 after buying an additional 3,009,884 shares during the last quarter. Primecap Management Co. CA grew its position in Charles Schwab by 9.7% during the fourth quarter. Primecap Management Co. CA now owns 23,276,071 shares of the financial services provider’s stock valued at $2,325,512,000 after buying an additional 2,066,884 shares during the period. Focus Partners Wealth grew its position in Charles Schwab by 716.5% during the fourth quarter. Focus Partners Wealth now owns 2,101,463 shares of the financial services provider’s stock valued at $209,948,000 after buying an additional 1,844,095 shares during the period. Finally, Vaughan Nelson Investment Management L.P. purchased a new stake in Charles Schwab during the first quarter valued at approximately $129,140,000. Institutional investors own 84.38% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Argus lifted their price target on shares of Charles Schwab from $108.00 to $114.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. Barclays upped their price objective on Charles Schwab from $122.00 to $125.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 22nd. BMO Capital Markets cut Charles Schwab from an “outperform” rating to a “market perform” rating and set a $105.00 target price on the stock. in a report on Monday, July 20th. Morgan Stanley lifted their target price on Charles Schwab from $133.00 to $136.00 and gave the company an “overweight” rating in a research report on Monday, July 27th. Finally, Zacks Research raised Charles Schwab from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 9th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $121.17.

Insider Buying and Selling

In other Charles Schwab news, insider Dennis Howard sold 28,000 shares of the stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $105.01, for a total transaction of $2,940,280.00. Following the completion of the sale, the insider directly owned 10,470 shares of the company’s stock, valued at $1,099,454.70. This trade represents a 72.78% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Paula A. Sneed sold 5,263 shares of Charles Schwab stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $107.15, for a total transaction of $563,930.45. Following the sale, the director owned 91,711 shares in the company, valued at approximately $9,826,833.65. The trade was a 5.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 398,984 shares of company stock worth $41,699,569 in the last quarter. 6.30% of the stock is owned by insiders.

Charles Schwab Trading Down 1.1%

Shares of SCHW stock opened at $109.70 on Friday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.64 and a current ratio of 0.64. The stock has a fifty day simple moving average of $101.17 and a two-hundred day simple moving average of $96.04. The firm has a market capitalization of $189.71 billion, a PE ratio of 19.95, a PEG ratio of 0.85 and a beta of 0.76. The Charles Schwab Corporation has a 52-week low of $83.96 and a 52-week high of $112.20.

Charles Schwab (NYSE:SCHW) last announced its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $1.62 EPS for the quarter, beating the consensus estimate of $1.56 by $0.06. The business had revenue of $7.07 billion for the quarter, compared to the consensus estimate of $6.90 billion. Charles Schwab had a return on equity of 24.53% and a net margin of 38.79%.The business’s revenue was up 20.9% on a year-over-year basis. During the same period in the previous year, the business earned $1.14 earnings per share. On average, analysts predict that The Charles Schwab Corporation will post 6.46 EPS for the current fiscal year.

Charles Schwab Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Friday, August 14th. Charles Schwab’s dividend payout ratio (DPR) is 23.27%.

Key Headlines Impacting Charles Schwab

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

• Positive Sentiment: Schwab is expanding its Hyderabad global technology center to approximately 2,000 employees by the end of 2027. The facility is expected to support engineering, automation and artificial-intelligence initiatives, potentially improving operating efficiency and helping control long-term costs. Schwab Expands India Tech Hub as AI Reshapes Global Banking Operations
• Positive Sentiment: The company’s latest quarterly results exceeded expectations, with earnings per share of $1.62 versus a $1.56 consensus estimate and revenue of $7.07 billion versus $6.90 billion. Revenue grew 20.9% year over year, reinforcing the recent investment case and supporting analyst optimism. Why Is Charles Schwab Up Since Its Last Earnings Report?
• Neutral Sentiment: SCHW recently reached a 52-week high, supported by record client assets, higher margins and strong earnings momentum. However, after a 106% three-year gain and trading near analyst price targets, valuation may limit near-term upside unless growth remains strong. Schwab Hits a New 52-Week High
• Negative Sentiment: Schwab reportedly said RIAs will no longer receive referrals involving clients with less than $5 million in assets starting in 2027. Advisors may view the higher asset threshold as an implied fee or reduced access to Schwab’s referral pipeline, creating concern about advisor relationships, client acquisition and future asset flows. Schwab Changes RIA Referral Thresholds
• Negative Sentiment: The referral-policy change arrives shortly after Schwab promoted plans to hire thousands of financial consultants, highlighting possible channel tension between Schwab’s direct advisory expansion and its independent-advisor network. Investors may be concerned about execution and reputational risks.

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.