Aquatic Capital Management LLC Has $28.81 Million Stock Holdings in The Charles Schwab Corporation $SCHW

Key Points

• Aquatic Capital increased its stake in The Charles Schwab Corporation by 173.6% in Q3 to 301,720 shares, valued at approximately $28.81 million.
• Charles Schwab beat quarterly estimates with EPS of $1.39 (vs. $1.32 expected) and revenue of $6.34B, and set FY2026 guidance of 5.700–5.800 EPS.
• The company raised its quarterly dividend to $0.32 (annualized $1.28, 1.4% yield), while insiders have sold a total of 415,568 shares (~$42.64M) in the past 90 days.

Aquatic Capital Management LLC raised its position in shares of The Charles Schwab Corporation (NYSE:SCHW - Free Report) by 173.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 301,720 shares of the financial services provider's stock after buying an additional 191,426 shares during the quarter. Aquatic Capital Management LLC's holdings in Charles Schwab were worth $28,805,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in SCHW. West Branch Capital LLC acquired a new stake in shares of Charles Schwab during the third quarter valued at approximately $27,000. Newbridge Financial Services Group Inc. boosted its stake in Charles Schwab by 233.6% in the 3rd quarter. Newbridge Financial Services Group Inc. now owns 357 shares of the financial services provider's stock worth $34,000 after purchasing an additional 250 shares during the period. Redmont Wealth Advisors LLC acquired a new position in Charles Schwab in the 3rd quarter worth approximately $34,000. Evelyn Partners Asset Management Ltd purchased a new position in Charles Schwab during the 2nd quarter worth approximately $33,000. Finally, Howard Hughes Medical Institute acquired a new stake in Charles Schwab during the 2nd quarter valued at $34,000. 84.38% of the stock is currently owned by institutional investors and hedge funds.

Charles Schwab Stock Up 2.0%

SCHW opened at $93.11 on Friday. The Charles Schwab Corporation has a fifty-two week low of $65.88 and a fifty-two week high of $107.50. The business has a 50-day moving average of $98.97 and a 200-day moving average of $96.33. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.62 and a quick ratio of 0.62. The company has a market capitalization of $163.15 billion, a PE ratio of 19.98, a price-to-earnings-growth ratio of 0.75 and a beta of 0.93.

Charles Schwab (NYSE:SCHW - Get Free Report) last issued its quarterly earnings data on Wednesday, January 21st. The financial services provider reported $1.39 earnings per share for the quarter, beating the consensus estimate of $1.32 by $0.07. The firm had revenue of $6.34 billion for the quarter, compared to analyst estimates of $6.19 billion. Charles Schwab had a net margin of 37.01% and a return on equity of 21.97%. The company's revenue for the quarter was up 18.9% on a year-over-year basis. During the same quarter last year, the firm earned $1.01 earnings per share. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. Equities research analysts forecast that The Charles Schwab Corporation will post 4.22 EPS for the current fiscal year.

Charles Schwab Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 13th were given a $0.32 dividend. This is an increase from Charles Schwab's previous quarterly dividend of $0.27. 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, February 13th. Charles Schwab's payout ratio is presently 27.47%.

Wall Street Analyst Weigh In

SCHW has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $131.00 target price on shares of Charles Schwab in a research report on Thursday, January 22nd. Truist Financial increased their price objective on Charles Schwab from $120.00 to $122.00 and gave the stock a "buy" rating in a research note on Thursday, January 22nd. TD Cowen raised their price objective on Charles Schwab from $135.00 to $138.00 and gave the stock a "buy" rating in a research report on Thursday, January 22nd. Citigroup reaffirmed a "market outperform" rating on shares of Charles Schwab in a research note on Monday, January 12th. Finally, Piper Sandler upped their target price on Charles Schwab from $100.00 to $105.00 and gave the company a "neutral" rating in a report on Wednesday, January 14th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $115.95.

Insider Activity at Charles Schwab

In other news, insider Dennis Howard sold 10,108 shares of Charles Schwab stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $94.60, for a total value of $956,216.80. Following the transaction, the insider owned 10,470 shares of the company's stock, valued at $990,462. This trade represents a 49.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Christopher V. Dodds sold 11,825 shares of the business's stock in a transaction on Friday, February 6th. The stock was sold at an average price of $104.55, for a total transaction of $1,236,303.75. Following the transaction, the director directly owned 449,406 shares of the company's stock, valued at approximately $46,985,397.30. This represents a 2.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 415,568 shares of company stock worth $42,639,058 in the last 90 days. Insiders own 6.30% of the company's stock.

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.

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