Cannon Capital Management Inc. Buys New Holdings in The Charles Schwab Corporation $SCHW

Key Points

• Cannon Capital Management bought a new position of 24,316 shares (~$2.43M) in The Charles Schwab Corporation in Q4, representing about 2.1% of its portfolio and the firm’s 13th largest holding; institutional investors now own roughly 84.38% of SCHW.
• Schwab beat Q1 estimates with $1.43 EPS (vs. $1.39 expected) and $6.48B revenue (up 15.8% YoY), issued FY2026 guidance of $5.70–$5.80 EPS, and has an average analyst price target of $114 with a "Moderate Buy" consensus.
• Company insiders sold 471,268 shares worth $48.1M in the last quarter, leaving insiders with about 6.3% ownership.

Cannon Capital Management Inc. purchased a new position in The Charles Schwab Corporation (NYSE:SCHW - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 24,316 shares of the financial services provider's stock, valued at approximately $2,429,000. Charles Schwab comprises about 2.1% of Cannon Capital Management Inc.'s portfolio, making the stock its 13th biggest position.

Other large investors also recently modified their holdings of the company. First National Trust Co raised its stake in Charles Schwab by 82.2% during the 3rd quarter. First National Trust Co now owns 89,224 shares of the financial services provider's stock worth $8,518,000 after acquiring an additional 40,257 shares in the last quarter. Brookwood Investment Group LLC boosted its stake in Charles Schwab by 192.6% in the fourth quarter. Brookwood Investment Group LLC now owns 12,236 shares of the financial services provider's stock valued at $1,222,000 after acquiring an additional 8,054 shares in the last quarter. AE Wealth Management LLC grew its holdings in shares of Charles Schwab by 131.0% during the third 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 last quarter. Optimize Financial Inc purchased a new position in shares of Charles Schwab during the third quarter worth about $467,000. Finally, Nordea Investment Management AB increased its position in shares of Charles Schwab by 11.2% during the third 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 in the last quarter. 84.38% of the stock is owned by hedge funds and other institutional investors.

Key Charles Schwab News

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

• Positive Sentiment: Erste Group raised its FY2026 EPS forecast for Schwab to $6.01 (from $5.87), above consensus, signaling stronger-than-expected earnings momentum and supporting valuation. Erste Group raises FY2026 EPS estimate (MarketBeat)
• Positive Sentiment: Schwab’s own Modern Wealth Survey shows 57% of Americans find portfolios “too complex to manage alone,” which supports demand for Schwab’s advisory, managed-account and advice-led revenue streams over time. This is a structural growth argument for fee and asset-driven revenue. 57% of Americans Say Their Portfolios Are Too Complex to Manage Alone
• Positive Sentiment: Schwab’s surveys also highlight rising teen interest in investing, pointing to potential long-term client acquisition and account growth as younger investors start earlier and stay in ecosystem services. Early Start, Long-Term Mindset: Teens Increasingly Interested in Investing
• Neutral Sentiment: Robinhood’s Q1 crypto-driven earnings weakness and sector comments on crypto revenue highlight continued volatility in brokerage crypto income; this is a mixed signal for Schwab—it may lose some industry fee growth if crypto stays weak but Schwab is less crypto-dependent than some peers. Robinhood Earnings Sink Shares Below Key Level, But New Market Is Thriving
• Neutral Sentiment: Schwab-published data that crypto comprises ~10% of the average American investor’s portfolio raises caution about portfolio risk concentration for some clients — important for advisors but not an immediate revenue shock for Schwab. 35% of Americans Hold Crypto. Here’s Why That Allocation Terrifies Financial Planners
• Negative Sentiment: TD Cowen trimmed its price target on SCHW (from $128 to $108) and lowered its 2026 outlook, a reminder that some sell-side firms see less upside than before; such target cuts can pressure sentiment and cap near-term upside. The Charles Schwab Corporation (SCHW) Capitalizing on Business Momentum & Diversified Model

Charles Schwab Stock Up 0.4%

Shares of Charles Schwab stock opened at $91.16 on Thursday. The Charles Schwab Corporation has a one year low of $79.47 and a one year high of $107.50. The company has a market cap of $158.44 billion, a P/E ratio of 18.09, a PEG ratio of 0.72 and a beta of 0.90. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.62 and a current ratio of 0.62. The firm has a fifty day moving average of $93.91 and a two-hundred day moving average of $96.23.

Charles Schwab (NYSE:SCHW - Get Free Report) last issued its quarterly earnings results on Thursday, April 16th. The financial services provider reported $1.43 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.39 by $0.04. The business had revenue of $6.48 billion for 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 23.03%. The business's revenue was up 15.8% compared to the same quarter last year. During the same period in the previous year, the business posted $1.04 earnings per share. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. On average, analysts forecast that The Charles Schwab Corporation will post 5.98 earnings per share for the current year.

Charles Schwab Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Friday, May 8th will be given a dividend of $0.32 per share. The ex-dividend date is Friday, May 8th. This represents a $1.28 annualized dividend and a yield of 1.4%. Charles Schwab's payout ratio is presently 25.40%.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. Citizens Jmp boosted their target price on Charles Schwab from $110.00 to $120.00 and gave the company a "market outperform" rating in a report on Monday, January 12th. UBS Group cut their price target on Charles Schwab from $125.00 to $119.00 and set a "buy" rating on the stock in a research report on Wednesday, April 8th. Raymond James Financial reiterated an "outperform" rating and issued a $114.00 price objective on shares of Charles Schwab in a research note on Monday, January 5th. JPMorgan Chase & Co. increased their price objective on Charles Schwab from $128.00 to $131.00 and gave the company an "overweight" rating in a report on Friday, April 17th. Finally, TD Cowen reiterated a "buy" rating on shares of Charles Schwab in a research note on Thursday, April 9th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $114.00.

Insider Buying and Selling at Charles Schwab

In other news, insider Paul V. Woolway sold 15,884 shares of the stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $95.12, for a total transaction of $1,510,886.08. Following the completion of the transaction, the insider directly owned 35,992 shares of the company's stock, valued at approximately $3,423,559.04. This represents a 30.62% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Dennis Howard sold 27,903 shares of Charles Schwab stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $95.02, for a total value of $2,651,343.06. Following the completion of the sale, the insider owned 10,470 shares in the company, valued at approximately $994,859.40. This trade represents a 72.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 471,268 shares of company stock worth $48,114,169. 6.30% of the stock is currently owned by company insiders.

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.

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