Cornerstone Planning Group LLC Sells 327,080 Shares of The Charles Schwab Corporation $SCHW

Key Points

• Cornerstone Planning Group LLC cut its stake in The Charles Schwab Corporation by 99.8%, selling 327,080 shares in Q4 and retaining just 723 shares valued at about $75,000.
• Insiders have been net sellers recently—471,268 shares worth roughly $48.1 million were sold over the past 90 days—while institutional investors own 84.38% of the company and insiders hold 6.3%.
• Schwab beat quarterly expectations (EPS $1.43 vs. $1.39; revenue $6.48B vs. $6.39B), issued FY2026 EPS guidance of 5.70–5.80, and is boosting shareholder returns via about $4.58B in buybacks and a new quarterly dividend of $0.32 (1.4% yield).

Cornerstone Planning Group LLC lessened its position in shares of The Charles Schwab Corporation (NYSE:SCHW - Free Report) by 99.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 723 shares of the financial services provider's stock after selling 327,080 shares during the period. Cornerstone Planning Group LLC's holdings in Charles Schwab were worth $75,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Composition Wealth LLC increased its position in Charles Schwab by 7.7% during the 4th quarter. Composition Wealth LLC now owns 46,133 shares of the financial services provider's stock worth $4,609,000 after purchasing an additional 3,287 shares in the last quarter. PFA Pension Forsikringsaktieselskab acquired a new position in Charles Schwab during the 4th quarter worth approximately $112,533,000. Blalock Williams LLC increased its position in Charles Schwab by 13.7% during the 4th quarter. Blalock Williams LLC now owns 15,419 shares of the financial services provider's stock worth $1,541,000 after purchasing an additional 1,862 shares in the last quarter. One Wealth Advisors LLC increased its position in Charles Schwab by 2.0% during the 4th quarter. One Wealth Advisors LLC now owns 7,730 shares of the financial services provider's stock worth $772,000 after purchasing an additional 154 shares in the last quarter. Finally, Davis Selected Advisers increased its position in Charles Schwab by 1.8% during the 4th quarter. Davis Selected Advisers now owns 301,695 shares of the financial services provider's stock worth $30,142,000 after purchasing an additional 5,254 shares in the last quarter. Institutional investors own 84.38% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Argus set a $108.00 price objective on shares of Charles Schwab in a research report on Monday, April 20th. Jefferies Financial Group lowered their price objective on shares of Charles Schwab from $122.00 to $118.00 and set a "buy" rating for the company in a research report on Monday, April 6th. Barclays decreased their price target on shares of Charles Schwab from $126.00 to $117.00 and set an "overweight" rating for the company in a research report on Wednesday, April 8th. Citizens Jmp upped their price target on shares of Charles Schwab from $110.00 to $120.00 and gave the company a "market outperform" rating in a research report on Monday, January 12th. Finally, Wolfe Research set a $120.00 price target on shares of Charles Schwab in a research report on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Charles Schwab currently has a consensus rating of "Moderate Buy" and an average price target of $114.00.

Insider Activity at Charles Schwab

In related news, Director Frank C. Herringer sold 2,520 shares of the stock in a transaction on Tuesday, April 28th. The shares were sold at an average price of $90.60, for a total transaction of $228,312.00. Following the transaction, the director directly owned 177,508 shares of the company's stock, valued at $16,082,224.80. This represents a 1.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Paul V. Woolway sold 7,941 shares of the stock in a transaction 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 transaction, the insider directly owned 29,866 shares in the company, valued at approximately $2,986,600. This represents a 21.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 471,268 shares of company stock valued at $48,114,169 over the last 90 days. 6.30% of the stock is owned by company insiders.

Key Charles Schwab News

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

• Positive Sentiment: Erste Group raised forward earnings estimates for Schwab, boosting FY2027 EPS expectations and supporting a stronger forward earnings outlook that can underpin valuation. Erste Group estimate notes
• Positive Sentiment: Capital returns remain meaningful — Schwab’s recent large share repurchases (about $4.58B through Sept. 2025) and a newly announced quarterly dividend ($0.32/share, ex-div May 8) support EPS per share and income investors. Buyback/dividend coverage
• Neutral Sentiment: National Investing Day and Schwab’s ongoing investor education and RIA custodian footprint are positive for long‑term client acquisition but unlikely to move near‑term earnings materially. National Investing Day
• Neutral Sentiment: Valuation and performance commentary notes mixed recent returns (short‑term weakness vs. multi‑year gains); useful context for investors but not a specific catalyst. Valuation piece
• Negative Sentiment: Insider selling: Director Frank C. Herringer sold 2,520 shares at about $90.60 (filed Apr. 28) — a small stake reduction that can be perceived negatively by some investors. SEC Form 4 – Insider Sale
• Negative Sentiment: Several brokers trimmed price targets (while often keeping buy ratings), which reduces upside expectations and can cap near‑term stock momentum. Analyst target notes
• Negative Sentiment: Sector/peer weakness — Robinhood’s earnings miss and crypto revenue decline have pressured broker sentiment and could temporarily lower industry trading volumes, which would weigh on Schwab’s transaction revenue. Robinhood earnings

Charles Schwab Trading Down 0.0%

SCHW opened at $91.60 on Friday. The Charles Schwab Corporation has a twelve month low of $82.04 and a twelve month high of $107.50. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 0.52. The company has a fifty day moving average of $93.87 and a 200-day moving average of $96.22. The stock has a market cap of $159.20 billion, a PE ratio of 18.17, a price-to-earnings-growth ratio of 0.72 and a beta of 0.80.

Charles Schwab (NYSE:SCHW - Get Free Report) last posted its quarterly earnings data on Thursday, April 16th. The financial services provider reported $1.43 earnings per share for the quarter, topping the consensus estimate of $1.39 by $0.04. Charles Schwab had a net margin of 37.99% and a return on equity of 23.03%. The company had revenue of $6.48 billion during the quarter, compared to analysts' expectations of $6.39 billion. During the same period in the prior year, the company posted $1.04 earnings per share. Charles Schwab's revenue for the quarter 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. On average, sell-side analysts predict that The Charles Schwab Corporation will post 5.99 EPS for the current year.

Charles Schwab Dividend Announcement

The company 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 is Friday, May 8th. This represents a $1.28 annualized dividend and a dividend yield of 1.4%. Charles Schwab's dividend payout ratio is 25.40%.

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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