Intech Investment Management LLC Raises Position in The Charles Schwab Corporation $SCHW

Intech Investment Management LLC grew its position in The Charles Schwab Corporation (NYSE:SCHW) by 56.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 471,408 shares of the financial services provider’s stock after acquiring an additional 169,372 shares during the period. Intech Investment Management LLC’s holdings in Charles Schwab were worth $47,098,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in SCHW. Brighton Jones LLC boosted its holdings in shares of Charles Schwab by 380.5% in the fourth quarter. Brighton Jones LLC now owns 24,240 shares of the financial services provider’s stock valued at $1,794,000 after acquiring an additional 19,195 shares in the last quarter. Sivia Capital Partners LLC boosted its holdings in shares of Charles Schwab by 21.6% in the second quarter. Sivia Capital Partners LLC now owns 4,553 shares of the financial services provider’s stock valued at $415,000 after acquiring an additional 809 shares in the last quarter. United Bank boosted its holdings in Charles Schwab by 7.1% during the second quarter. United Bank now owns 16,053 shares of the financial services provider’s stock worth $1,465,000 after buying an additional 1,070 shares in the last quarter. Nebula Research & Development LLC purchased a new stake in Charles Schwab during the second quarter worth about $552,000. Finally, Main Street Financial Solutions LLC boosted its holdings in Charles Schwab by 4.7% during the second quarter. Main Street Financial Solutions LLC now owns 6,828 shares of the financial services provider’s stock worth $623,000 after buying an additional 305 shares in the last quarter. Hedge funds and other institutional investors own 84.38% of the company’s stock.

More Charles Schwab News

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

• Negative Sentiment: Schwab’s recent $1.0 billion and $1.25 billion senior notes offerings, combined with co-chairman Charles R. Schwab’s share sale and a steady stream of insider selling, may be pressuring the stock as investors reassess balance-sheet and sentiment risks. Article Title
• Positive Sentiment: Schwab continues to expand its wealth management reach, with advisor-service head Jon Beatty saying the firm’s growing Schwab Wealth Advisory footprint is not likely to conflict with RIAs, which supports the long-term growth narrative. Article Title
• Positive Sentiment: Schwab Foundation launched new Moneywise Momentum Grants as part of a $20 million financial-education commitment, reinforcing the company’s brand and customer-engagement efforts. Article Title
• Neutral Sentiment: Liz Ann Sonders warned against treating the market like a “casino,” a commentary that reflects Schwab’s market perspective but does not appear to be a direct business catalyst. Article Title
• Neutral Sentiment: Multiple Charles Schwab Challenge golf stories are creating brand visibility, but they are unlikely to materially move SCHW shares. Article Title

Charles Schwab Stock Down 0.3%

Shares of NYSE SCHW opened at $85.35 on Friday. The Charles Schwab Corporation has a 12-month low of $83.96 and a 12-month high of $107.50. The company has a market capitalization of $148.44 billion, a PE ratio of 16.94, a price-to-earnings-growth ratio of 0.58 and a beta of 0.80. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.62 and a quick ratio of 0.62. The firm’s 50-day moving average is $92.27 and its two-hundred day moving average is $95.67.

Charles Schwab (NYSE:SCHW) last announced its quarterly 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 net margin of 37.99% and a return on equity of 23.05%. The company had revenue of $6.48 billion for the quarter, compared to the consensus estimate of $6.39 billion. During the same quarter in the prior year, the firm earned $1.04 earnings per share. The company’s revenue for the quarter 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 analysts anticipate that The Charles Schwab Corporation will post 6.12 EPS for the current fiscal year.

Charles Schwab Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Friday, May 8th were issued a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend was Friday, May 8th. Charles Schwab’s dividend payout ratio is 25.40%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on SCHW. Argus set a $108.00 price objective on shares of Charles Schwab in a report on Monday, April 20th. Morgan Stanley decreased their price objective on shares of Charles Schwab from $135.00 to $125.00 and set an “overweight” rating on the stock in a report on Friday, April 17th. Weiss Ratings raised shares of Charles Schwab from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 23rd. Truist Financial decreased their price objective on shares of Charles Schwab from $122.00 to $120.00 and set a “buy” rating on the stock in a report on Wednesday, April 1st. Finally, Piper Sandler boosted their price objective on shares of Charles Schwab from $103.00 to $105.00 and gave the stock a “neutral” rating in a report on Friday, May 15th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $114.30.

Insider Buying and Selling at Charles Schwab

In other Charles Schwab news, Director Frank C. Herringer sold 2,520 shares of the company’s stock in a transaction dated Tuesday, April 28th. The shares were sold at an average price of $90.60, for a total value of $228,312.00. Following the sale, the director owned 177,508 shares of the company’s stock, valued at $16,082,224.80. This represents a 1.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Paul V. Woolway sold 7,941 shares of the company’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $100.00, for a total transaction of $794,100.00. Following the completion of the sale, the insider directly owned 29,866 shares in the company, valued at $2,986,600. This trade represents a 21.00% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 99,021 shares of company stock worth $9,617,291 over the last ninety days. 6.30% of the stock is currently owned by company insiders.

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.