Concurrent Investment Advisors LLC Acquires 13,048 Shares of The Charles Schwab Corporation $SCHW

Key Points

• Concurrent Investment Advisors LLC increased its stake in The Charles Schwab Corporation by 65.8% in Q4, buying an additional 13,048 shares to hold 32,881 shares valued at about $3.285 million.
• Significant insider selling has occurred recently — Chairman Walter W. Bettinger sold 67,514 shares for roughly $7.04 million, and insiders sold a total of 468,748 shares (~$47.9 million) over the last three months; corporate insiders own 6.30% of the company.
• Charles Schwab beat quarterly EPS estimates ($1.43 vs. $1.39) with revenue up 15.8% to $6.48 billion, guided FY2026 EPS to 5.70–5.80, and announced a quarterly dividend of $0.32 (annual yield ~1.4%).

Concurrent Investment Advisors LLC lifted its holdings in shares of The Charles Schwab Corporation (NYSE:SCHW - Free Report) by 65.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 32,881 shares of the financial services provider's stock after purchasing an additional 13,048 shares during the quarter. Concurrent Investment Advisors LLC's holdings in Charles Schwab were worth $3,285,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in SCHW. Piscataqua Savings Bank bought a new position in shares of Charles Schwab during the fourth quarter worth approximately $26,000. West Branch Capital LLC bought a new position in shares of Charles Schwab during the third quarter worth approximately $27,000. GoalVest Advisory LLC bought a new position in shares of Charles Schwab during the fourth quarter worth approximately $28,000. Beacon Financial Strategies CORP bought a new position in shares of Charles Schwab during the fourth quarter worth approximately $29,000. Finally, Optima Capital LLC bought a new position in shares of Charles Schwab during the fourth quarter worth approximately $30,000. 84.38% of the stock is owned by institutional investors.

Insider Transactions at Charles Schwab

In other Charles Schwab news, Chairman Walter W. Bettinger sold 67,514 shares of the firm's stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $104.25, for a total value of $7,038,334.50. Following the sale, the chairman owned 529,346 shares in the company, valued at $55,184,320.50. This trade represents a 11.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at 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 shares were sold at an average price of $100.00, for a total transaction of $794,100.00. Following the completion of the sale, the insider owned 29,866 shares in the company, valued at $2,986,600. This represents a 21.00% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 468,748 shares of company stock valued at $47,885,857. Corporate insiders own 6.30% of the company's stock.

Charles Schwab Stock Performance

Shares of NYSE:SCHW opened at $90.80 on Tuesday. The company's 50 day simple moving average is $94.04 and its 200 day simple moving average is $96.27. The stock has a market capitalization of $157.81 billion, a price-to-earnings ratio of 18.02, a price-to-earnings-growth ratio of 0.70 and a beta of 0.90. 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 Charles Schwab Corporation has a 1 year low of $79.30 and a 1 year high of $107.50.

Charles Schwab (NYSE:SCHW - Get Free Report) last issued 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. Charles Schwab had a net margin of 37.99% and a return on equity of 23.03%. The firm had revenue of $6.48 billion for the quarter, compared to analyst estimates of $6.39 billion. During the same quarter last year, the business posted $1.04 earnings per share. The company's quarterly revenue was up 15.8% on a year-over-year basis. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. As a group, research analysts predict that The Charles Schwab Corporation will post 5.98 EPS for the current fiscal year.

Charles Schwab Dividend Announcement

The business 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 $0.32 dividend. The ex-dividend date is Friday, May 8th. This represents a $1.28 dividend on an annualized basis and a yield of 1.4%. Charles Schwab's dividend payout ratio (DPR) is currently 25.40%.

Wall Street Analysts Forecast Growth

SCHW has been the topic of a number of recent analyst reports. Morgan Stanley decreased their price objective on shares of Charles Schwab from $135.00 to $125.00 and set an "overweight" rating on the stock in a research note on Friday, April 17th. Citigroup reissued a "market outperform" rating on shares of Charles Schwab in a research note on Monday, January 12th. Argus set a $108.00 price objective on shares of Charles Schwab in a research note on Monday, April 20th. Keefe, Bruyette & Woods initiated coverage on shares of Charles Schwab in a research note on Wednesday, April 8th. They issued an "outperform" rating and a $110.00 price objective on the stock. Finally, Raymond James Financial reissued an "outperform" rating and issued a $114.00 price objective on shares of Charles Schwab in a research note on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Charles Schwab currently has an average rating of "Moderate Buy" and a consensus price target of $114.00.

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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