BNP Paribas Purchases 10,986 Shares of The Charles Schwab Corporation $SCHW

Key Points

• BNP Paribas increased its stake in The Charles Schwab Corporation by 10.1%, buying 10,986 shares to hold 119,715 shares valued at about $11.43 million at the end of the quarter.
• Schwab beat quarterly estimates, reporting $1.39 EPS vs. $1.32 expected and $6.34 billion in revenue (up 18.9% YoY), and set FY2026 guidance of $5.70–$5.80 EPS.
• Large insider selling occurred recently — Chairman Walter Bettinger sold 162,462 shares (~$16.9M) and insiders have sold 415,568 shares (~$42.6M) over the past 90 days.

BNP Paribas increased its position in shares of The Charles Schwab Corporation (NYSE:SCHW - Free Report) by 10.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 119,715 shares of the financial services provider's stock after acquiring an additional 10,986 shares during the quarter. BNP Paribas' holdings in Charles Schwab were worth $11,429,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. West Branch Capital LLC acquired a new position in Charles Schwab during the 3rd quarter valued at about $27,000. Evelyn Partners Asset Management Ltd acquired a new stake in shares of Charles Schwab during the 2nd quarter worth approximately $33,000. Howard Hughes Medical Institute bought a new stake in shares of Charles Schwab during the second quarter worth approximately $34,000. Redmont Wealth Advisors LLC bought a new stake in shares of Charles Schwab during the third quarter worth approximately $34,000. Finally, Newbridge Financial Services Group Inc. lifted its holdings in Charles Schwab by 233.6% in the third quarter. Newbridge Financial Services Group Inc. now owns 357 shares of the financial services provider's stock valued at $34,000 after buying an additional 250 shares during the period. Institutional investors own 84.38% of the company's stock.

Charles Schwab Stock Up 2.0%

Shares of Charles Schwab stock opened at $93.11 on Friday. The company has a market capitalization of $163.15 billion, a P/E ratio of 19.98, a price-to-earnings-growth ratio of 0.75 and a beta of 0.93. 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 business has a 50-day moving average of $98.97 and a two-hundred day moving average of $96.33. The Charles Schwab Corporation has a 1 year low of $65.88 and a 1 year high of $107.50.

Charles Schwab (NYSE:SCHW - Get Free Report) last released 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. Charles Schwab had a return on equity of 21.97% and a net margin of 37.01%.The business had revenue of $6.34 billion for the quarter, compared to analysts' expectations of $6.19 billion. During the same quarter in the previous year, the business posted $1.01 EPS. Charles Schwab's revenue for the quarter was up 18.9% on a year-over-year basis. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. As a group, equities analysts predict that The Charles Schwab Corporation will post 4.22 EPS for the current 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 paid a $0.32 dividend. The ex-dividend date of this dividend was Friday, February 13th. 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 yield of 1.4%. Charles Schwab's payout ratio is presently 27.47%.

Analyst Upgrades and Downgrades

SCHW has been the subject of a number of analyst reports. Barclays lifted their target price on shares of Charles Schwab from $125.00 to $126.00 and gave the stock an "overweight" rating in a report on Monday, January 26th. Weiss Ratings reissued a "hold (c+)" rating on shares of Charles Schwab in a research note on Thursday, January 22nd. Truist Financial lifted 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. Raymond James Financial reiterated an "outperform" rating and issued a $114.00 price objective on shares of Charles Schwab in a report on Monday, January 5th. Finally, TD Cowen increased their target price on Charles Schwab from $135.00 to $138.00 and gave the company a "buy" rating in a research note on Thursday, January 22nd. One investment 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 company's stock. According to MarketBeat, Charles Schwab has a consensus rating of "Moderate Buy" and an average price target of $115.95.

Insider Transactions at Charles Schwab

In related news, Chairman Walter W. Bettinger sold 162,462 shares of the company's stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $103.90, for a total value of $16,879,801.80. Following the completion of the transaction, the chairman directly owned 529,346 shares of the company's stock, valued at approximately $54,999,049.40. This represents a 23.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Dennis Howard sold 27,903 shares of the stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $95.02, for a total value of $2,651,343.06. Following the transaction, the insider owned 10,470 shares of the company's stock, valued at approximately $994,859.40. This trade represents a 72.72% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 415,568 shares of company stock valued at $42,639,058. 6.30% of the stock is currently owned by 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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