SG Trading Solutions LLC Takes Position in The Charles Schwab Corporation $SCHW

SG Trading Solutions LLC bought a new position in shares of The Charles Schwab Corporation (NYSE:SCHW) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 13,705 shares of the financial services provider’s stock, valued at approximately $1,369,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Dogwood Wealth Management LLC lifted its position in shares of Charles Schwab by 99.2% in the fourth quarter. Dogwood Wealth Management LLC now owns 247 shares of the financial services provider’s stock valued at $25,000 after acquiring an additional 123 shares in the last quarter. Piscataqua Savings Bank purchased a new stake in Charles Schwab during the 4th quarter worth about $26,000. GoalVest Advisory LLC purchased a new stake in Charles Schwab during the 4th quarter worth about $28,000. Beacon Financial Strategies CORP acquired a new position in Charles Schwab in the 4th quarter valued at about $29,000. Finally, Optima Capital LLC acquired a new position in Charles Schwab in the 4th quarter valued at about $30,000. Institutional investors and hedge funds own 84.38% of the company’s stock.

Insider Transactions at Charles Schwab

In other Charles Schwab news, Director Frank C. Herringer sold 2,520 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the director directly 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. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Paul V. Woolway sold 7,941 shares of the business’s stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $100.00, for a total transaction of $794,100.00. Following the sale, the insider owned 29,866 shares of the company’s stock, valued at approximately $2,986,600. This represents a 21.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 59,700 shares of company stock worth $5,889,131. 6.30% of the stock is currently owned by company insiders.

Charles Schwab Price Performance

Charles Schwab stock opened at $91.69 on Friday. The Charles Schwab Corporation has a 1 year low of $83.96 and a 1 year high of $107.50. The firm has a 50 day moving average price of $90.98 and a 200 day moving average price of $95.31. The company has a market cap of $159.46 billion, a price-to-earnings ratio of 18.19, a PEG ratio of 0.89 and a beta of 0.77. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.62 and a current ratio of 0.62.

Charles Schwab (NYSE:SCHW) last issued its quarterly earnings results on Thursday, April 16th. The financial services provider reported $1.43 EPS for the quarter, topping the consensus estimate of $1.39 by $0.04. The firm had revenue of $6.48 billion during the quarter, compared to analyst estimates of $6.39 billion. Charles Schwab had a net margin of 37.99% and a return on equity of 23.05%. Charles Schwab’s revenue for the quarter was up 15.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.04 earnings per share. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. Sell-side analysts predict that The Charles Schwab Corporation will post 6.14 earnings per share for the current year.

Charles Schwab Dividend Announcement

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

Analyst Upgrades and Downgrades

SCHW has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $128.00 price target on shares of Charles Schwab in a research note on Friday, May 15th. Truist Financial reduced their price objective on shares of Charles Schwab from $122.00 to $120.00 and set a “buy” rating on the stock in a research note on Wednesday, April 1st. Jefferies Financial Group decreased their target price on shares of Charles Schwab from $122.00 to $118.00 and set a “buy” rating on the stock in a research report on Monday, April 6th. Barclays boosted their price target on Charles Schwab from $117.00 to $127.00 and gave the company an “overweight” rating in a report on Friday, May 15th. Finally, Raymond James Financial raised their price objective on Charles Schwab from $126.00 to $137.00 and gave the stock an “outperform” rating in a report on Friday, May 15th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Charles Schwab has a consensus rating of “Moderate Buy” and a consensus price target of $116.00.

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.