Comerica Bank Sells 21,259 Shares of The Charles Schwab Corporation $SCHW

Key Points

• Comerica Bank reduced its stake in The Charles Schwab Corporation by 6.2%, selling 21,259 shares in Q4 and now holds 323,005 shares worth about $32.27 million.
• Company insiders have been selling: Director Christopher V. Dodds sold 11,825 shares and Paul V. Woolway sold 7,941, and insiders disposed of 468,748 shares valued at roughly $47.89 million over the last quarter, while corporate insiders still own 6.30% of the stock.
• Charles Schwab beat quarterly expectations with $1.43 EPS (vs. $1.39 est.) and $6.48B revenue, set FY2026 guidance of 5.70–5.80 EPS, and holds a consensus “Moderate Buy” rating with a $114 price target; it also announced a $0.32 quarterly dividend (1.4% yield).

Comerica Bank lessened its holdings in The Charles Schwab Corporation (NYSE:SCHW - Free Report) by 6.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 323,005 shares of the financial services provider's stock after selling 21,259 shares during the quarter. Comerica Bank's holdings in Charles Schwab were worth $32,271,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Piscataqua Savings Bank bought a new position in Charles Schwab in the 4th quarter valued at approximately $26,000. GoalVest Advisory LLC bought a new position in Charles Schwab in the 4th quarter valued at approximately $28,000. West Branch Capital LLC bought a new position in Charles Schwab in the 3rd quarter valued at approximately $27,000. Beacon Financial Strategies CORP bought a new position in Charles Schwab in the 4th quarter valued at approximately $29,000. Finally, Optima Capital LLC bought a new position in Charles Schwab in the 4th quarter valued at approximately $30,000. Institutional investors own 84.38% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on SCHW. Argus set a $108.00 price objective on shares of Charles Schwab in a report on Monday, April 20th. Citigroup reiterated a "market outperform" rating on shares of Charles Schwab in a report on Monday, January 12th. Piper Sandler raised their price objective on shares of Charles Schwab from $100.00 to $105.00 and gave the company a "neutral" rating in a report on Wednesday, January 14th. Barclays dropped their price objective on shares of Charles Schwab from $126.00 to $117.00 and set an "overweight" rating for the company in a report on Wednesday, April 8th. Finally, Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a $127.00 target price on shares of Charles Schwab in a research report on Friday, April 17th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Charles Schwab currently has an average rating of "Moderate Buy" and a consensus price target of $114.00.

Insider Activity at Charles Schwab

In other news, Director Christopher V. Dodds sold 11,825 shares of the firm's stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $104.55, for a total transaction of $1,236,303.75. Following the completion of the sale, the director owned 449,406 shares of the company's stock, valued at $46,985,397.30. This trade represents a 2.56% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Paul V. Woolway sold 7,941 shares of the firm's stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $100.00, for a total transaction of $794,100.00. Following the sale, the insider directly owned 29,866 shares of the company's stock, valued at approximately $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. Over the last quarter, insiders have sold 468,748 shares of company stock worth $47,885,857. Corporate insiders own 6.30% of the company's stock.

Charles Schwab Stock Performance

NYSE:SCHW opened at $90.80 on Tuesday. The company has a market capitalization of $157.81 billion, a PE ratio of 18.02, a P/E/G ratio of 0.70 and a beta of 0.90. The company has a 50 day simple moving average of $94.04 and a two-hundred day simple moving average of $96.27. 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 Charles Schwab Corporation has a fifty-two week low of $79.30 and a fifty-two week high of $107.50.

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 analysts' consensus estimates of $1.39 by $0.04. The business had revenue of $6.48 billion during the quarter, compared to the consensus estimate of $6.39 billion. Charles Schwab had a net margin of 37.99% and a return on equity of 23.03%. The company's revenue for the quarter was up 15.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.04 EPS. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. Research analysts anticipate that The Charles Schwab Corporation will post 5.98 earnings per share for the current year.

Charles Schwab Dividend Announcement

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

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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