Recent Investment Analysts’ Ratings Changes for Charles Schwab (SCHW)

Several brokerages have updated their recommendations and price targets on shares of Charles Schwab (NYSE: SCHW) in the last few weeks:

• 5/15/2026 – Charles Schwab had its price target raised by Raymond James Financial, Inc. from $126.00 to $137.00. They now have an “outperform” rating on the stock.
• 5/15/2026 – Charles Schwab had its “buy” rating reaffirmed by Deutsche Bank Aktiengesellschaft. They now have a $128.00 price target on the stock.
• 5/15/2026 – Charles Schwab had its price target raised by TD Cowen from $108.00 to $109.00. They now have a “buy” rating on the stock.
• 5/15/2026 – Charles Schwab had its price target raised by Piper Sandler from $103.00 to $105.00. They now have a “neutral” rating on the stock.
• 5/15/2026 – Charles Schwab had its price target raised by Barclays PLC from $117.00 to $127.00. They now have an “overweight” rating on the stock.
• 4/20/2026 – Charles Schwab was given a new $108.00 price target by Argus.
• 4/17/2026 – Charles Schwab had its price target lowered by Morgan Stanley from $135.00 to $125.00. They now have an “overweight” rating on the stock.
• 4/17/2026 – Charles Schwab had its “buy” rating reaffirmed by Deutsche Bank Aktiengesellschaft. They now have a $127.00 price target on the stock.
• 4/17/2026 – Charles Schwab had its price target raised by JPMorgan Chase & Co. from $128.00 to $131.00. They now have an “overweight” rating on the stock.
• 4/10/2026 – Charles Schwab had its price target lowered by Morgan Stanley from $148.00 to $135.00. They now have an “overweight” rating on the stock.
• 4/9/2026 – Charles Schwab had its “buy” rating reaffirmed by TD Cowen.
• 4/8/2026 – Charles Schwab had its price target lowered by UBS Group AG from $125.00 to $119.00. They now have a “buy” rating on the stock.
• 4/8/2026 – Charles Schwab had its price target lowered by Barclays PLC from $126.00 to $117.00. They now have an “overweight” rating on the stock.
• 4/8/2026 – Charles Schwab is now covered by Keefe, Bruyette & Woods. They set an “outperform” rating and a $110.00 price target on the stock.
• 4/6/2026 – Charles Schwab had its price target lowered by Jefferies Financial Group Inc. from $122.00 to $118.00. They now have a “buy” rating on the stock.
• 4/1/2026 – Charles Schwab had its price target lowered by Truist Financial Corporation from $122.00 to $120.00. They now have a “buy” rating on the stock.

Charles Schwab Announces Dividend

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

Insider Activity

In other news, Director Frank C. Herringer sold 2,520 shares of Charles Schwab stock in a transaction on Tuesday, April 28th. The shares were sold at an average price of $90.60, for a total transaction of $228,312.00. Following the transaction, the director directly owned 177,508 shares of the company’s stock, valued at $16,082,224.80. This trade represents a 1.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Paul V. Woolway sold 15,884 shares of Charles Schwab stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $95.12, for a total transaction of $1,510,886.08. Following the transaction, the insider directly owned 35,992 shares in the company, valued at approximately $3,423,559.04. This represents a 30.62% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, 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 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.