Bessemer Group Inc. Reduces Stake in The Charles Schwab Corporation $SCHW

Bessemer Group Inc. lowered its holdings in The Charles Schwab Corporation (NYSE:SCHW) by 4.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 270,191 shares of the financial services provider’s stock after selling 13,968 shares during the quarter. Bessemer Group Inc.’s holdings in Charles Schwab were worth $26,995,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the business. AustralianSuper Pty Ltd increased its holdings in shares of Charles Schwab by 26.7% in the 4th quarter. AustralianSuper Pty Ltd now owns 1,361,669 shares of the financial services provider’s stock valued at $136,044,000 after acquiring an additional 287,159 shares during the last quarter. Thrivent Financial for Lutherans increased its holdings in shares of Charles Schwab by 5.6% in the 4th quarter. Thrivent Financial for Lutherans now owns 2,614,587 shares of the financial services provider’s stock valued at $261,259,000 after acquiring an additional 138,266 shares during the last quarter. Avantax Planning Partners Inc. increased its holdings in shares of Charles Schwab by 8.5% in the 4th quarter. Avantax Planning Partners Inc. now owns 4,850 shares of the financial services provider’s stock valued at $485,000 after acquiring an additional 379 shares during the last quarter. Conning Inc. increased its holdings in shares of Charles Schwab by 6.8% in the 4th quarter. Conning Inc. now owns 56,862 shares of the financial services provider’s stock valued at $5,681,000 after acquiring an additional 3,615 shares during the last quarter. Finally, Simmons Bank increased its holdings in shares of Charles Schwab by 724.1% in the 4th quarter. Simmons Bank now owns 25,828 shares of the financial services provider’s stock valued at $2,580,000 after acquiring an additional 22,694 shares during the last quarter. Hedge funds and other institutional investors own 84.38% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on SCHW. Keefe, Bruyette & Woods began coverage on Charles Schwab in a research note on Wednesday, April 8th. They set an “outperform” rating and a $110.00 price target on the stock. Piper Sandler raised their price target on Charles Schwab from $103.00 to $105.00 and gave the stock a “neutral” rating in a research note on Friday. UBS Group dropped their price target on Charles Schwab from $125.00 to $119.00 and set a “buy” rating on the stock in a research note on Wednesday, April 8th. Argus set a $108.00 price target on Charles Schwab in a research note on Monday, April 20th. Finally, Morgan Stanley dropped their price target on Charles Schwab from $135.00 to $125.00 and set an “overweight” rating on the stock in a research note on Friday, April 17th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $114.24.

Key Stories Impacting Charles Schwab

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

• Positive Sentiment: Barclays lifted its price target on Charles Schwab (SCHW) to $127 from $117 and reiterated an Overweight rating after the company’s fiscal 2026 revenue and expense guidance topped expectations. Barclays Hikes Charles Schwab Price Target to $127: 2026 Guidance Crushes Street Expectations
• Positive Sentiment: Schwab raised its 2026 outlook and said it expects mid-teen EPS growth over time, supported by client growth, platform monetization, and balance-sheet flexibility. SCHW Ups 2026 Outlook, Targets Mid-Teen EPS Growth Through the Cycle
• Positive Sentiment: The company highlighted strong operating trends, including record daily average trades and record client margin loan balances in April, reinforcing the view that retail activity remains healthy. Charles Schwab daily average trades, client margin loan balances reach records in April
• Positive Sentiment: Schwab also unveiled AI initiatives and a crypto rollout aimed at broadening engagement and improving efficiency, which could support longer-term growth and margins. Schwab Crypto Launch Tests Client Engagement And Revenue Mix For Charles Schwab

Insider Buying and Selling

In other Charles Schwab news, Director Frank C. Herringer sold 2,520 shares of the stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $90.60, for a total transaction of $228,312.00. Following the completion of the sale, the director directly owned 177,508 shares of the company’s stock, valued at approximately $16,082,224.80. This trade represents a 1.40% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Nigel J. Murtagh sold 41,297 shares of the stock in a transaction that occurred on 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 sale, the insider directly 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 SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 126,924 shares of company stock valued at $12,268,634 over the last 90 days. Insiders own 6.30% of the company’s stock.

Charles Schwab Stock Up 1.6%

Charles Schwab stock opened at $90.87 on Friday. The Charles Schwab Corporation has a twelve month low of $85.76 and a twelve month high of $107.50. The stock has a 50 day moving average of $93.01 and a two-hundred day moving average of $95.96. 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 stock has a market capitalization of $158.04 billion, a price-to-earnings ratio of 18.03, a PEG ratio of 0.71 and a beta of 0.80.

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 analysts’ consensus estimates of $1.39 by $0.04. Charles Schwab had a return on equity of 23.05% and a net margin of 37.99%.The company had revenue of $6.48 billion during the quarter, compared to analysts’ expectations of $6.39 billion. During the same period last year, the firm earned $1.04 EPS. The firm’s revenue for the quarter was up 15.8% on a year-over-year basis. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. As a group, research analysts expect that The Charles Schwab Corporation will post 6.01 earnings per share for the current year.

Charles Schwab Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Friday, May 8th will be given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Friday, May 8th. Charles Schwab’s dividend payout ratio (DPR) is presently 25.40%.

Charles Schwab 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.