Horizon Investments LLC Has $9.78 Million Stock Position in The Charles Schwab Corporation $SCHW

Key Points

• Horizon Investments cut its stake in The Charles Schwab Corporation by 37.2% in Q4, selling 57,895 shares and leaving it with 97,867 shares valued at about $9.78 million.
• Significant insider selling: Chairman Walter W. Bettinger sold 162,462 shares (~$16.9M) and insiders have sold 471,268 shares (~$48.1M) in the past 90 days, with insiders now owning 6.3% of the company.
• Schwab beat quarterly expectations (EPS $1.43 vs. $1.39; revenue $6.48B vs. $6.39B), set FY2026 guidance of $5.70–$5.80 EPS, and announced a $0.32 quarterly dividend alongside ~$4.58B of share repurchases, while analysts hold a consensus "Moderate Buy" with an average $114 price target.

Horizon Investments LLC reduced its position in The Charles Schwab Corporation (NYSE:SCHW - Free Report) by 37.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 97,867 shares of the financial services provider's stock after selling 57,895 shares during the period. Horizon Investments LLC's holdings in Charles Schwab were worth $9,778,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Lantz Financial LLC grew its stake in shares of Charles Schwab by 3.1% during the fourth quarter. Lantz Financial LLC now owns 3,243 shares of the financial services provider's stock worth $324,000 after purchasing an additional 99 shares during the period. Roberts Wealth Advisors LLC lifted its holdings in Charles Schwab by 0.5% during the fourth quarter. Roberts Wealth Advisors LLC now owns 22,961 shares of the financial services provider's stock worth $2,294,000 after acquiring an additional 105 shares in the last quarter. Harfst & Associates Inc. lifted its holdings in shares of Charles Schwab by 0.3% in the third quarter. Harfst & Associates Inc. now owns 33,724 shares of the financial services provider's stock valued at $3,220,000 after purchasing an additional 107 shares in the last quarter. JFS Wealth Advisors LLC lifted its holdings in shares of Charles Schwab by 0.4% in the fourth quarter. JFS Wealth Advisors LLC now owns 24,626 shares of the financial services provider's stock valued at $2,460,000 after purchasing an additional 107 shares in the last quarter. Finally, FSM Wealth Advisors LLC lifted its holdings in shares of Charles Schwab by 4.1% in the fourth quarter. FSM Wealth Advisors LLC now owns 2,688 shares of the financial services provider's stock valued at $269,000 after purchasing an additional 107 shares in the last quarter. 84.38% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Weiss Ratings raised Charles Schwab from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday, March 23rd. Citizens Jmp boosted their price target on Charles Schwab from $110.00 to $120.00 and gave the stock a "market outperform" rating in a research report on Monday, January 12th. Piper Sandler upped their target price on Charles Schwab from $100.00 to $105.00 and gave the company a "neutral" rating in a research report on Wednesday, January 14th. UBS Group decreased their target price on Charles Schwab from $125.00 to $119.00 and set a "buy" rating on the stock in a research report on Wednesday, April 8th. Finally, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a $127.00 price target on shares of Charles Schwab in a research note on Friday, April 17th. One investment 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 assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $114.00.

Insider Buying and Selling

In other news, Chairman Walter W. Bettinger sold 162,462 shares of the stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $103.90, for a total value of $16,879,801.80. Following the completion of the transaction, the chairman directly owned 529,346 shares in the company, valued at approximately $54,999,049.40. This represents a 23.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Nigel J. Murtagh sold 41,297 shares of the 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 owned 57,972 shares of the company's stock, valued at $5,739,228. The trade was a 41.60% 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 471,268 shares of company stock worth $48,114,169 in the last ninety days. Insiders own 6.30% of the company's stock.

More 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 Stock Down 0.0%

NYSE SCHW opened at $91.60 on Friday. The business has a fifty day moving average price of $93.87 and a two-hundred day moving average price of $96.22. 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 fifty-two week low of $82.04 and a fifty-two week high of $107.50. The stock has a market capitalization of $159.20 billion, a PE ratio of 18.17, a PEG ratio of 0.72 and a beta of 0.80.

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, topping the consensus estimate of $1.39 by $0.04. Charles Schwab had a return on equity of 23.03% and a net margin of 37.99%.The firm 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 earned $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. Equities analysts expect that The Charles Schwab Corporation will post 5.99 earnings per share for the current fiscal year.

Charles Schwab Announces Dividend

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