North Peak Capital Management LLC Has $123.36 Million Stake in The Charles Schwab Corporation $SCHW

North Peak Capital Management LLC lowered its position in The Charles Schwab Corporation (NYSE:SCHW) by 22.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 1,234,682 shares of the financial services provider’s stock after selling 359,814 shares during the period. Charles Schwab makes up 10.5% of North Peak Capital Management LLC’s investment portfolio, making the stock its 4th largest holding. North Peak Capital Management LLC’s holdings in Charles Schwab were worth $123,357,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Brookwood Investment Group LLC lifted its position in shares of Charles Schwab by 192.6% in the 4th quarter. Brookwood Investment Group LLC now owns 12,236 shares of the financial services provider’s stock worth $1,222,000 after acquiring an additional 8,054 shares during the period. King Luther Capital Management Corp raised its holdings in shares of Charles Schwab by 34.4% in the 3rd quarter. King Luther Capital Management Corp now owns 296,409 shares of the financial services provider’s stock worth $28,298,000 after buying an additional 75,820 shares in the last quarter. Juno Financial Group LLC acquired a new position in shares of Charles Schwab in the 4th quarter worth approximately $2,591,000. Swiss Life Asset Management Ltd raised its holdings in shares of Charles Schwab by 4.2% in the 4th quarter. Swiss Life Asset Management Ltd now owns 407,179 shares of the financial services provider’s stock worth $40,681,000 after buying an additional 16,482 shares in the last quarter. Finally, Nordea Investment Management AB raised its holdings in shares of Charles Schwab by 13.0% in the 4th quarter. Nordea Investment Management AB now owns 3,437,222 shares of the financial services provider’s stock worth $344,410,000 after buying an additional 396,358 shares in the last quarter. Institutional investors own 84.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Morgan Stanley dropped their target price on Charles Schwab from $135.00 to $125.00 and set an “overweight” rating for the company in a report on Friday, April 17th. Raymond James Financial increased their target price on Charles Schwab from $126.00 to $137.00 and gave the stock an “outperform” rating in a report on Friday, May 15th. Keefe, Bruyette & Woods assumed coverage on Charles Schwab in a report on Wednesday, April 8th. They issued an “outperform” rating and a $110.00 target price for the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $128.00 target price on shares of Charles Schwab in a report on Friday, May 15th. Finally, Truist Financial dropped their target price on Charles Schwab from $122.00 to $120.00 and set a “buy” rating for the company in a report on Wednesday, April 1st. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $116.00.

Charles Schwab Trading Up 2.6%

SCHW stock opened at $91.04 on Friday. The business has a fifty day moving average price of $91.05 and a 200 day moving average price of $95.25. The Charles Schwab Corporation has a fifty-two week low of $83.96 and a fifty-two week high of $107.50. The stock has a market capitalization of $158.32 billion, a price-to-earnings ratio of 18.06, a P/E/G ratio of 0.86 and a beta of 0.77. 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 released its quarterly earnings results on Thursday, April 16th. The financial services provider reported $1.43 earnings per share for the quarter, beating 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 firm 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 posted $1.04 EPS. The business’s revenue was up 15.8% on a year-over-year basis. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. Analysts expect that The Charles Schwab Corporation will post 6.13 EPS for the current fiscal year.

Charles Schwab Dividend Announcement

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

Trending Headlines about Charles Schwab

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

• Positive Sentiment: Schwab reported monthly activity highlights for May, and the company said the month set records, reinforcing confidence in client growth and trading momentum. Schwab Reports Monthly Activity Highlights
• Positive Sentiment: Market commentary says the stock is also getting a lift from a broader rebound in financials and renewed investor focus on Schwab’s strong client and trading trends. Charles Schwab jumps as financials rebound and investors refocus on Schwab’s strong client/trading momentum
• Positive Sentiment: Recent analyst actions have been constructive, with firms raising earnings estimates and maintaining buy-style ratings, which supports the bullish setup for SCHW. Charles Schwab stock research page
• Neutral Sentiment: Schwab also announced the closure and liquidation of its Schwab Ariel Opportunities ETF, a fund-level action that appears unlikely to materially affect the parent company’s near-term stock performance. Schwab Asset Management Announces Closure and Liquidation of the Schwab Ariel Opportunities ETF (SAEF)
• Negative Sentiment: There is still some caution in the background from mixed institutional positioning and heavy insider selling over the past six months, which could limit upside if sentiment weakens. Charles Schwab jumps as financials rebound and investors refocus on Schwab’s strong client/trading momentum

Insider Buying and Selling at Charles Schwab

In other Charles Schwab news, insider Paul V. Woolway sold 7,942 shares of the stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of $98.00, for a total value of $778,316.00. Following the transaction, the insider directly owned 29,866 shares in the company, valued at approximately $2,926,868. This trade represents a 21.01% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frank C. Herringer sold 2,520 shares of the stock in a transaction on Tuesday, April 28th. The shares were sold at an average price of $90.60, for a total value of $228,312.00. Following the completion of the transaction, the director owned 177,508 shares in the company, valued at $16,082,224.80. The trade was a 1.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 59,700 shares of company stock worth $5,889,131. Insiders own 6.30% of the company’s stock.

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.