Pacific Heights Asset Management LLC Has $32.97 Million Holdings in The Charles Schwab Corporation $SCHW

Pacific Heights Asset Management LLC raised its holdings in The Charles Schwab Corporation (NYSE:SCHW) by 26.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 330,000 shares of the financial services provider’s stock after acquiring an additional 70,000 shares during the quarter. Charles Schwab accounts for 1.2% of Pacific Heights Asset Management LLC’s investment portfolio, making the stock its 19th biggest holding. Pacific Heights Asset Management LLC’s holdings in Charles Schwab were worth $32,970,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in SCHW. Souders Financial Advisors raised its position in shares of Charles Schwab by 2.3% during the fourth quarter. Souders Financial Advisors now owns 4,341 shares of the financial services provider’s stock worth $434,000 after purchasing an additional 98 shares during the period. Lantz Financial LLC raised its position in shares of Charles Schwab by 3.1% during the fourth quarter. Lantz Financial LLC now owns 3,243 shares of the financial services provider’s stock worth $324,000 after purchasing an additional 99 shares during the period. Roberts Wealth Advisors LLC raised its position in shares of Charles Schwab by 0.5% during the fourth quarter. Roberts Wealth Advisors LLC now owns 22,961 shares of the financial services provider’s stock worth $2,294,000 after purchasing an additional 105 shares during the period. JFS Wealth Advisors LLC raised its position in shares of Charles Schwab by 0.4% during the fourth quarter. JFS Wealth Advisors LLC now owns 24,626 shares of the financial services provider’s stock worth $2,460,000 after purchasing an additional 107 shares during the period. Finally, FSM Wealth Advisors LLC raised its position in shares of Charles Schwab by 4.1% during the fourth quarter. FSM Wealth Advisors LLC now owns 2,688 shares of the financial services provider’s stock worth $269,000 after purchasing an additional 107 shares during the period. 84.38% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

SCHW has been the topic of a number of research reports. TD Cowen upped their target price on Charles Schwab from $108.00 to $109.00 and gave the stock a “buy” rating in a research report on Friday. Barclays upped their target price on Charles Schwab from $117.00 to $127.00 and gave the stock an “overweight” rating in a research report on Friday. Morgan Stanley lowered their target price on Charles Schwab from $135.00 to $125.00 and set an “overweight” rating on the stock in a research report on Friday, April 17th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $128.00 price target on shares of Charles Schwab in a report on Friday. Finally, Piper Sandler upped their price target on Charles Schwab from $103.00 to $105.00 and gave the stock a “neutral” rating in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $114.24.

Insiders Place Their Bets

In other news, insider Dennis Howard sold 10,108 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $94.60, for a total transaction of $956,216.80. Following the completion of the sale, the insider directly owned 10,470 shares of the company’s stock, valued at $990,462. This trade represents a 49.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Frank C. Herringer sold 2,520 shares of the stock in a transaction on Tuesday, April 28th. The stock was sold at an average price of $90.60, for a total value of $228,312.00. Following the transaction, the director owned 177,508 shares of the company’s stock, valued at $16,082,224.80. The trade was a 1.40% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 126,924 shares of company stock valued at $12,268,634. 6.30% of the stock is owned by company insiders.

Charles Schwab Trading Down 0.0%

Shares of Charles Schwab stock opened at $90.87 on Monday. The Charles Schwab Corporation has a 1 year low of $85.76 and a 1 year high of $107.50. The firm has a market cap of $158.04 billion, a PE ratio of 18.03, a P/E/G ratio of 0.71 and a beta of 0.80. The stock has a fifty day moving average price of $93.01 and a 200-day moving average price of $95.97. 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 announced its earnings results on Thursday, April 16th. The financial services provider reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analyst estimates of $6.39 billion. During the same period last year, the firm posted $1.04 EPS. The business’s revenue was up 15.8% compared to the same quarter last year. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. Equities research analysts anticipate that The Charles Schwab Corporation will post 6.01 EPS for the current year.

Charles Schwab Dividend Announcement

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

Key Charles Schwab News

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

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.