Hemenway Trust Co LLC Grows Holdings in The Charles Schwab Corporation $SCHW

Hemenway Trust Co LLC raised its position in The Charles Schwab Corporation (NYSE:SCHW - Free Report) by 57.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 134,658 shares of the financial services provider's stock after purchasing an additional 48,976 shares during the period. Hemenway Trust Co LLC's holdings in Charles Schwab were worth $13,454,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Heartland Bank & Trust Co lifted its holdings in Charles Schwab by 27.5% in the 4th quarter. Heartland Bank & Trust Co now owns 7,514 shares of the financial services provider's stock valued at $751,000 after purchasing an additional 1,621 shares in the last quarter. Acorn Financial Advisory Services Inc. ADV lifted its holdings in Charles Schwab by 4.5% in the 4th quarter. Acorn Financial Advisory Services Inc. ADV now owns 2,536 shares of the financial services provider's stock valued at $253,000 after purchasing an additional 110 shares in the last quarter. Fulcrum Wealth Advisors LLC purchased a new position in Charles Schwab in the 4th quarter valued at about $359,000. QRG Capital Management Inc. lifted its holdings in Charles Schwab by 26.5% in the 4th quarter. QRG Capital Management Inc. now owns 209,829 shares of the financial services provider's stock valued at $20,964,000 after purchasing an additional 44,012 shares in the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC lifted its holdings in Charles Schwab by 2.2% in the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 9,994 shares of the financial services provider's stock valued at $999,000 after purchasing an additional 216 shares in the last quarter. 84.38% of the stock is currently owned by hedge funds and other institutional investors.

Charles Schwab Stock Up 1.0%

SCHW opened at $92.40 on Wednesday. The firm has a 50 day moving average price of $93.84 and a 200 day moving average price of $96.22. The company has a market cap of $160.61 billion, a PE ratio of 18.33, a price-to-earnings-growth ratio of 0.72 and a beta of 0.80. The Charles Schwab Corporation has a 1 year low of $82.40 and a 1 year high of $107.50. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.62 and a current ratio of 0.62.

Charles Schwab (NYSE:SCHW - Get Free Report) last posted its 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 firm 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 was up 15.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.04 EPS. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. Sell-side analysts expect that The Charles Schwab Corporation will post 5.99 earnings per share for the current year.

Charles Schwab Dividend Announcement

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

Insider Activity

In other Charles Schwab news, insider Dennis Howard sold 10,108 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $94.60, for a total value of $956,216.80. Following the completion of the sale, the insider owned 10,470 shares of the company's stock, valued at $990,462. This trade represents a 49.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Nigel J. Murtagh sold 41,297 shares of the stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $99.00, for a total transaction of $4,088,403.00. Following the completion of the sale, the insider directly owned 57,972 shares of the company's stock, valued at $5,739,228. This trade represents a 41.60% decrease in their position. 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. In the last 90 days, insiders have sold 206,263 shares of company stock worth $20,543,272. Insiders own 6.30% of the company's stock.

Charles Schwab News Summary

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

• Positive Sentiment: UBS raised its price target on SCHW to $385 (from $380) and reiterated a Buy, reinforcing a higher valuation outlook and supporting investor sentiment. UBS Boosts Charles Schwab (SCHW) Target to $385 on Positive Outlook
• Positive Sentiment: Schwab rolled out its first generative AI capability for retail clients to synthesize portfolio performance, market news and Schwab research—an engagement and product-differentiation move that could help client retention and AUM growth over time. Charles Schwab Launches AI-Powered Capability That Helps Investors Understand Portfolio Performance and Market Activity
• Neutral Sentiment: Schwab announced it will redeem all outstanding depositary shares of its 4.000% Series I perpetual preferred on June 1, 2026—a small cash outflow that tidies capital structure and eliminates the preferred dividend obligation. Impact on common equity is limited given the small size. Schwab Announces Redemption of All Outstanding Depositary Shares...
• Neutral Sentiment: Schwab’s Modern Wealth Survey finds only 27% of Americans own ETFs and ETFs make up just ~6% of average portfolios—an insight that highlights a long-term distribution opportunity for Schwab’s low-cost ETF lineup, but not an immediate revenue catalyst. 27% of Americans Own ETFs but Allocate Just 6%, Here’s Why That Costs Them Retirement Income
• Neutral Sentiment: Charles Schwab exec James Kostulias says retail bullishness is waning though confidence remains elevated—mixed sentiment that suggests demand could be uneven but not collapsing. Bullishness is waining but retail investor confidence still up, says Charles Schwab's James Kostulias
• Negative Sentiment: Schwab’s Trading Activity Index (STAX) dipped in April as retail clients reduced tech exposure—lower trading volumes and shifting asset mixes can pressure transaction and margin-related revenue near-term. Schwab Trading Activity Index drops in April as retail clients turn cautious

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on SCHW. Piper Sandler upped their target price 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. Truist Financial cut their price objective on shares of Charles Schwab from $122.00 to $120.00 and set a "buy" rating on the stock in a report on Wednesday, April 1st. Citigroup reiterated a "market outperform" rating on shares of Charles Schwab in a report on Monday, January 12th. Jefferies Financial Group cut their price objective on shares of Charles Schwab from $122.00 to $118.00 and set a "buy" rating on the stock in a report on Monday, April 6th. Finally, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a $127.00 price objective on shares of Charles Schwab in a report on Friday, April 17th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Charles Schwab currently has a consensus rating of "Moderate Buy" and a consensus target price of $114.00.

Charles Schwab 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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