Financial Advisory Partners LLC Invests $3.20 Million in The Charles Schwab Corporation $SCHW

Key Points

• Financial Advisory Partners LLC initiated a new position in Charles Schwab during the first quarter, buying 34,041 shares valued at about $3.2 million.
• Institutional ownership of Schwab remains very high at 84.38%, and several other funds also increased or started positions in the company.
• Analyst sentiment is broadly positive: Schwab has a Moderate Buy consensus rating, a consensus price target of $116.32, and recent upgrades or higher targets from firms including Zacks, Raymond James, and Morgan Stanley.

Financial Advisory Partners LLC purchased a new stake in The Charles Schwab Corporation (NYSE:SCHW - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 34,041 shares of the financial services provider's stock, valued at approximately $3,199,000.

A number of other institutional investors have also made changes to their positions in the business. Brookwood Investment Group LLC grew its position 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 during the period. Juno Financial Group LLC acquired a new stake in Charles Schwab in the 4th quarter valued at about $2,591,000. Swiss Life Asset Management Ltd raised its position in Charles Schwab by 4.2% in the 4th quarter. Swiss Life Asset Management Ltd now owns 407,179 shares of the financial services provider's stock worth $40,681,000 after purchasing an additional 16,482 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Charles Schwab by 0.3% during the fourth quarter. Geode Capital Management LLC now owns 37,667,640 shares of the financial services provider's stock worth $3,747,646,000 after acquiring an additional 98,242 shares during the last quarter. Finally, Nordea Investment Management AB raised its holdings in Charles Schwab by 13.0% during the 4th quarter. Nordea Investment Management AB now owns 3,437,222 shares of the financial services provider's stock worth $344,410,000 after purchasing an additional 396,358 shares during the last quarter. 84.38% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms recently commented on SCHW. Piper Sandler upped their price objective on Charles Schwab from $103.00 to $105.00 and gave the company a "neutral" rating in a report on Friday, May 15th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a $128.00 price objective on shares of Charles Schwab in a research note on Friday, May 15th. Jefferies Financial Group decreased their price objective on shares of Charles Schwab from $122.00 to $118.00 and set a "buy" rating for the company in a report on Monday, April 6th. Zacks Research upgraded shares of Charles Schwab from a "hold" rating to a "strong-buy" rating in a report on Thursday. Finally, Raymond James Financial lifted their price target on shares of Charles Schwab from $126.00 to $137.00 and gave the stock an "outperform" rating in a research report on Friday, May 15th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $116.32.

Insider Activity at Charles Schwab

In other news, Director Frank C. Herringer sold 2,520 shares of the stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $90.60, for a total transaction of $228,312.00. Following the transaction, the director owned 177,508 shares in the company, valued at approximately $16,082,224.80. This trade represents a 1.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Nigel J. Murtagh sold 41,297 shares of the company's stock in a transaction on Tuesday, April 14th. The shares were sold at an average price of $99.00, for a total value of $4,088,403.00. Following the completion of the transaction, the insider directly owned 57,972 shares in the company, valued at approximately $5,739,228. This represents a 41.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 63,700 shares of company stock valued at $6,283,211 in the last ninety days. Company insiders own 6.30% of the company's stock.

Charles Schwab Stock Down 0.1%

Shares of SCHW stock opened at $103.02 on Monday. The Charles Schwab Corporation has a 1 year low of $83.96 and a 1 year high of $107.50. The firm has a market capitalization of $179.17 billion, a P/E ratio of 20.44, a PEG ratio of 0.91 and a beta of 0.77. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.48. The firm's fifty day moving average price is $91.64 and its two-hundred day moving average price is $95.30.

Charles Schwab (NYSE:SCHW - Get Free Report) last issued its quarterly earnings results on Thursday, April 16th. The financial services provider reported $1.43 EPS for the quarter, beating the consensus estimate of $1.39 by $0.04. The firm had revenue of $6.48 billion during the quarter, compared to analysts' expectations of $6.39 billion. Charles Schwab had a return on equity of 23.05% and a net margin of 37.99%.The business's quarterly revenue was up 15.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.04 earnings per share. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. On average, equities analysts predict that The Charles Schwab Corporation will post 6.22 EPS for the current fiscal year.

Charles Schwab Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Friday, May 8th were paid a $0.32 dividend. The ex-dividend date was Friday, May 8th. This represents a $1.28 annualized dividend and a yield of 1.2%. Charles Schwab's dividend payout ratio is currently 25.40%.

Charles Schwab News Summary

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

• Positive Sentiment: Charles Schwab was upgraded to a Zacks Rank #1 (Strong Buy), signaling improving earnings outlooks and potentially boosting near-term investor sentiment. Article Title
• Positive Sentiment: Morgan Stanley raised its price target on SCHW to $133 from $125 and kept an overweight rating, reinforcing expectations for more upside.
• Positive Sentiment: Brokerage sentiment remains constructive overall, with another report citing an average Moderate Buy rating from analysts.
• Positive Sentiment: Schwab’s push into digital assets and crypto trading could be an additional long-term growth driver, as the company reportedly hires for its blockchain and crypto team ahead of a rollout. Article Title
• Neutral Sentiment: Schwab strategists warned that the era of easy index gains may be ending, reflecting a more volatile market backdrop that could affect trading and client behavior in either direction. Article Title
• Neutral Sentiment: Media coverage about Trump-related trading activity through a Schwab account is likely more of a headline risk than a direct business driver unless it leads to regulatory or reputational issues. Article Title
• Negative Sentiment: Barclays lowered its price target on SCHW to $122 from $127, which is a modest negative, though the firm still rates the stock overweight.

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.

Want to see what other hedge funds are holding SCHW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Charles Schwab Corporation (NYSE:SCHW - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.