The Charles Schwab Corporation $SCHW Shares Acquired by Carnegie Investment Counsel

Carnegie Investment Counsel lifted its stake in shares of The Charles Schwab Corporation (NYSE:SCHW) by 5.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 843,977 shares of the financial services provider’s stock after purchasing an additional 40,276 shares during the quarter. Charles Schwab comprises approximately 1.5% of Carnegie Investment Counsel’s portfolio, making the stock its 11th biggest position. Carnegie Investment Counsel’s holdings in Charles Schwab were worth $77,268,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. 180 Wealth Advisors LLC increased its stake in Charles Schwab by 0.7% in the 1st quarter. 180 Wealth Advisors LLC now owns 43,873 shares of the financial services provider’s stock valued at $4,123,000 after buying an additional 310 shares during the period. Ferguson Wellman Capital Management Inc. lifted its stake in shares of Charles Schwab by 17.9% in the 1st quarter. Ferguson Wellman Capital Management Inc. now owns 389,361 shares of the financial services provider’s stock worth $36,592,000 after acquiring an additional 59,078 shares during the period. Citizens Financial Group Inc. RI boosted its holdings in shares of Charles Schwab by 1.4% in the first quarter. Citizens Financial Group Inc. RI now owns 108,408 shares of the financial services provider’s stock valued at $10,188,000 after acquiring an additional 1,500 shares in the last quarter. Fifth Third Bancorp boosted its holdings in shares of Charles Schwab by 238.8% in the first quarter. Fifth Third Bancorp now owns 479,557 shares of the financial services provider’s stock valued at $45,069,000 after acquiring an additional 337,999 shares in the last quarter. Finally, Sovran Advisors LLC boosted its holdings in shares of Charles Schwab by 6.5% in the first quarter. Sovran Advisors LLC now owns 15,543 shares of the financial services provider’s stock valued at $1,424,000 after acquiring an additional 954 shares in the last quarter. 84.38% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Charles Schwab

In other Charles Schwab news, insider Jonathan S. Beatty sold 2,000 shares of the firm’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $100.01, for a total transaction of $200,020.00. Following the completion of the transaction, the insider directly owned 13,738 shares in the company, valued at approximately $1,373,937.38. This trade represents a 12.71% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 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 a total of 63,700 shares of company stock valued at $6,283,211 in the last quarter. Insiders own 6.30% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on SCHW. Keefe, Bruyette & Woods started coverage on shares of Charles Schwab in a report on Wednesday, April 8th. They set an “outperform” rating and a $110.00 price target for the company. 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 research note on Friday, May 15th. Argus set a $108.00 price target on Charles Schwab in a report on Monday, April 20th. Morgan Stanley lifted their price target on Charles Schwab from $125.00 to $133.00 and gave the company an “overweight” rating in a research note on Friday. Finally, JPMorgan Chase & Co. increased their price objective on Charles Schwab from $128.00 to $131.00 and gave the stock an “overweight” rating in a research report on Friday, April 17th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $116.32.

Key Charles Schwab News

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

• Positive Sentiment: Charles Schwab was upgraded to a Zacks Rank #1 (Strong Buy), signaling improving earnings outlooks and potentially boosting near-term investor sentiment. Article Title
• Positive Sentiment: Morgan Stanley raised its price target on SCHW to $133 from $125 and kept an overweight rating, reinforcing expectations for more upside.
• Positive Sentiment: Brokerage sentiment remains constructive overall, with another report citing an average Moderate Buy rating from analysts.
• Positive Sentiment: Schwab’s push into digital assets and crypto trading could be an additional long-term growth driver, as the company reportedly hires for its blockchain and crypto team ahead of a rollout. Article Title
• Neutral Sentiment: Schwab strategists warned that the era of easy index gains may be ending, reflecting a more volatile market backdrop that could affect trading and client behavior in either direction. Article Title
• Neutral Sentiment: Media coverage about Trump-related trading activity through a Schwab account is likely more of a headline risk than a direct business driver unless it leads to regulatory or reputational issues. Article Title
• Negative Sentiment: Barclays lowered its price target on SCHW to $122 from $127, which is a modest negative, though the firm still rates the stock overweight.

Charles Schwab Price Performance

Shares of SCHW stock traded up $1.11 during midday trading on Friday, reaching $103.02. 5,677,657 shares of the company traded hands, compared to its average volume of 10,709,114. The Charles Schwab Corporation has a 1-year low of $83.96 and a 1-year high of $107.50. The firm has a market cap of $179.17 billion, a PE ratio of 20.44, a price-to-earnings-growth ratio of 0.94 and a beta of 0.77. The firm’s 50 day simple moving average is $91.64 and its two-hundred day simple moving average is $95.34. 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 issued its quarterly earnings data on Thursday, April 16th. The financial services provider reported $1.43 earnings per share (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 analysts’ expectations of $6.39 billion. Charles Schwab had a return on equity of 23.05% and a net margin of 37.99%.Charles Schwab’s revenue was up 15.8% on a year-over-year basis. During the same period in the previous year, the firm posted $1.04 earnings per share. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. On average, equities research analysts expect that The Charles Schwab Corporation will post 6.22 EPS for the current fiscal year.

Charles Schwab Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Friday, May 8th were paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Friday, May 8th. Charles Schwab’s dividend payout ratio is presently 25.40%.

About Charles Schwab

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.