Juno Financial Group LLC Takes Position in The Charles Schwab Corporation $SCHW

Juno Financial Group LLC acquired a new stake in The Charles Schwab Corporation (NYSE:SCHW) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 25,935 shares of the financial services provider’s stock, valued at approximately $2,591,000. Charles Schwab accounts for about 1.0% of Juno Financial Group LLC’s investment portfolio, making the stock its 25th largest holding.

Other institutional investors have also modified their holdings of the company. Piscataqua Savings Bank bought a new stake in shares of Charles Schwab in the 4th quarter valued at approximately $26,000. West Branch Capital LLC purchased a new stake in shares of Charles Schwab in the third quarter worth approximately $27,000. GoalVest Advisory LLC purchased a new stake in shares of Charles Schwab in the fourth quarter worth approximately $28,000. Beacon Financial Strategies CORP purchased a new stake in shares of Charles Schwab in the fourth quarter worth approximately $29,000. Finally, Optima Capital LLC purchased a new stake in shares of Charles Schwab in the fourth quarter worth approximately $30,000. 84.38% of the stock is owned by institutional investors.

Charles Schwab Trading Down 0.4%

SCHW opened at $91.62 on Thursday. The stock’s fifty day moving average is $94.32 and its two-hundred day moving average is $96.35. The company has a market capitalization of $159.24 billion, a P/E ratio of 18.18, a PEG ratio of 0.72 and a beta of 0.90. The Charles Schwab Corporation has a 52 week low of $77.51 and a 52 week high of $107.50. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 0.52.

Charles Schwab (NYSE:SCHW) last released its quarterly earnings data on Thursday, April 16th. The financial services provider reported $1.43 EPS for the quarter, topping the consensus estimate of $1.39 by $0.04. The company had revenue of $6.48 billion for the quarter, compared to the consensus estimate of $6.39 billion. Charles Schwab had a return on equity of 23.03% and a net margin of 37.99%.Charles Schwab’s quarterly revenue was up 15.8% on a year-over-year basis. During the same period last year, the business posted $1.04 EPS. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. Analysts forecast that The Charles Schwab Corporation will post 5.98 earnings per share for the current year.

Charles Schwab Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 13th were issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 1.4%. The ex-dividend date was Friday, February 13th. This is an increase from Charles Schwab’s previous quarterly dividend of $0.27. Charles Schwab’s dividend payout ratio (DPR) is 25.40%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on SCHW. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $127.00 price target on shares of Charles Schwab in a report on Friday, April 17th. Truist Financial reduced their price target on Charles Schwab from $122.00 to $120.00 and set a “buy” rating on the stock in a report on Wednesday, April 1st. Wolfe Research set a $120.00 price target on Charles Schwab in a report on Monday, January 12th. Piper Sandler increased their price target on Charles Schwab from $100.00 to $105.00 and gave the stock a “neutral” rating in a report on Wednesday, January 14th. Finally, Weiss Ratings upgraded Charles Schwab from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 23rd. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $114.00.

Insider Activity at Charles Schwab

In other Charles Schwab news, insider Dennis Howard sold 27,903 shares of the stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $95.02, for a total transaction of $2,651,343.06. Following the sale, the insider owned 10,470 shares of the company’s stock, valued at approximately $994,859.40. This trade represents a 72.72% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Paul V. Woolway sold 15,884 shares of the stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $95.12, for a total value of $1,510,886.08. Following the sale, the insider directly owned 35,992 shares in the company, valued at $3,423,559.04. This trade represents a 30.62% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 468,748 shares of company stock worth $47,885,857 over the last three months. Corporate 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.