Baxter Bros Inc. Has $13.83 Million Position in The Charles Schwab Corporation $SCHW

Key Points

• Baxter Bros Inc. boosted its stake in The Charles Schwab Corporation by 16.3% in Q4 and now holds 138,429 shares worth $13.83 million, representing about 1.6% of its portfolio and its 18th largest holding.
• Schwab beat Q1 estimates with $1.43 EPS and record revenue of $6.48 billion, but cut FY‑2026 guidance to $5.70–$5.80, while concerns about weaker net interest income and cash migration have increased short‑term volatility.
• The firm is launching spot crypto trading and rolling out client‑facing AI agents in June, and recently raised its quarterly dividend to $0.32, initiatives that could boost trading revenue and client engagement.

Baxter Bros Inc. boosted its holdings in The Charles Schwab Corporation (NYSE:SCHW - Free Report) by 16.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 138,429 shares of the financial services provider's stock after purchasing an additional 19,393 shares during the quarter. Charles Schwab comprises approximately 1.6% of Baxter Bros Inc.'s investment portfolio, making the stock its 18th largest holding. Baxter Bros Inc.'s holdings in Charles Schwab were worth $13,830,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of SCHW. First National Trust Co boosted its holdings in shares of Charles Schwab by 82.2% in the 3rd quarter. First National Trust Co now owns 89,224 shares of the financial services provider's stock worth $8,518,000 after purchasing an additional 40,257 shares during the period. Brookwood Investment Group LLC boosted its holdings in shares of Charles Schwab by 192.6% in the 4th quarter. Brookwood Investment Group LLC now owns 12,236 shares of the financial services provider's stock worth $1,222,000 after purchasing an additional 8,054 shares during the period. AE Wealth Management LLC boosted its holdings in shares of Charles Schwab by 131.0% in the 3rd quarter. AE Wealth Management LLC now owns 99,832 shares of the financial services provider's stock worth $9,531,000 after purchasing an additional 56,609 shares during the period. Optimize Financial Inc purchased a new position in shares of Charles Schwab in the 3rd quarter worth approximately $467,000. Finally, Nordea Investment Management AB boosted its holdings in shares of Charles Schwab by 11.2% in the 3rd quarter. Nordea Investment Management AB now owns 3,040,864 shares of the financial services provider's stock worth $291,436,000 after purchasing an additional 305,904 shares during the period. Institutional investors and hedge funds own 84.38% of the company's stock.

More Charles Schwab News

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

• Positive Sentiment: Q1 beat on EPS and revenue met/record levels — Schwab reported $1.43 non‑GAAP EPS and record revenue driven by higher trading activity, which underscores strong client engagement. Charles Schwab NYSE: SCHW Posts Q1 CY2026 Sales In Line With Estimates
• Positive Sentiment: Strategic product launches — Schwab announced Schwab Crypto (direct spot Bitcoin and Ether trading) and plans to integrate crypto into its platforms, which could expand trading revenue and client stickiness. Charles Schwab Announces Details of Spot Crypto Trading Launch
• Positive Sentiment: AI rollout to improve client experience — Schwab will roll out client‑facing AI agents in June, a tech initiative that could boost engagement and reduce service costs over time. Schwab Makes AI Push, With Client-Facing Agents To Roll Out in June
• Neutral Sentiment: Record client growth and engagement — Schwab added ~1.3M accounts, reported ~$11.7T in client assets and strong trading volumes; important for long‑term revenue but not an immediate fix for NII concerns. Charles Schwab Adds 1.3 Million Accounts, Reports Record Client Assets
• Neutral Sentiment: Earnings call details available — the transcript provides management commentary on margins, cash‑sweep dynamics and strategy that investors will parse for forward signals. The Charles Schwab Corporation (SCHW) Q1 2026 Earnings Call Transcript
• Negative Sentiment: FY‑2026 EPS guidance cut vs. consensus — Schwab set guidance to $5.70–$5.80, below the Street’s ~$5.93 estimate; a primary driver of the selloff as it reduces near‑term earnings visibility and valuation support.
• Negative Sentiment: Net interest income and “cash‑sorting” sensitivity — several reports flagged weaker‑than‑expected NII and investor concern that client cash migration into higher‑yield alternatives could pressure future margins. Charles Schwab stock dips as Q1 revenue disappoints on weaker-than-expected net-interest-income
• Negative Sentiment: Options and insider signals increase volatility risk — elevated put buying ahead of earnings and recent insider selling (pre‑arranged plans) have added to downside pressure and short‑term uncertainty. Traders Purchase High Volume of Charles Schwab Put Options NYSE: SCHW Nigel Murtagh Form 4

Charles Schwab Stock Performance

NYSE SCHW opened at $92.65 on Friday. The company has a market cap of $161.03 billion, a PE ratio of 19.88, a price-to-earnings-growth ratio of 0.82 and a beta of 0.90. The stock's 50 day simple moving average is $95.08 and its 200-day simple moving average is $96.39. The Charles Schwab Corporation has a 1-year low of $73.76 and a 1-year high of $107.50. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.62 and a quick ratio of 0.62.

Charles Schwab (NYSE:SCHW - Get Free Report) last released its earnings results on Thursday, April 16th. The financial services provider reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.39 by $0.04. Charles Schwab had a return on equity of 21.97% and a net margin of 37.01%.The business had revenue of $6.48 billion for the quarter, compared to the consensus estimate of $6.39 billion. During the same quarter last year, the business posted $1.04 earnings per share. The business's quarterly revenue 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. As a group, equities research analysts anticipate 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. Investors of record on Friday, February 13th were issued a $0.32 dividend. This is a boost from Charles Schwab's previous quarterly dividend of $0.27. This represents a $1.28 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Friday, February 13th. Charles Schwab's payout ratio is 27.47%.

Analyst Upgrades and Downgrades

SCHW has been the topic of a number of research reports. Barclays cut their price objective on Charles Schwab from $126.00 to $117.00 and set an "overweight" rating on the stock in a report on Wednesday, April 8th. Wolfe Research set a $120.00 target price on Charles Schwab in a research note on Monday, January 12th. Citigroup restated a "market outperform" rating on shares of Charles Schwab in a research note on Monday, January 12th. TD Cowen restated a "buy" rating on shares of Charles Schwab in a research note on Thursday, April 9th. Finally, Morgan Stanley lowered their target price on Charles Schwab from $148.00 to $135.00 and set an "overweight" rating on the stock in a research note on Friday, April 10th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, Charles Schwab has an average rating of "Moderate Buy" and a consensus target price of $114.50.

Insider Transactions at Charles Schwab

In related news, insider Paul V. Woolway sold 7,941 shares of the stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $100.00, for a total value of $794,100.00. Following the completion of the sale, the insider owned 29,866 shares of the company's stock, valued at approximately $2,986,600. This trade represents a 21.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Christopher V. Dodds sold 11,825 shares of the stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $104.55, for a total value of $1,236,303.75. Following the completion of the sale, 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. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 470,748 shares of company stock valued at $48,095,857. 6.30% of the stock is currently owned by company insiders.

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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