Jefferies Financial Group Inc. Takes Position in The Charles Schwab Corporation $SCHW

Jefferies Financial Group Inc. bought a new position in shares of The Charles Schwab Corporation (NYSE:SCHW - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 18,270 shares of the financial services provider's stock, valued at approximately $4,143,000.

A number of other hedge funds have also recently bought and sold shares of SCHW. Souders Financial Advisors lifted its stake in shares of Charles Schwab by 2.3% in the fourth quarter. Souders Financial Advisors now owns 4,341 shares of the financial services provider's stock valued at $434,000 after buying an additional 98 shares during the period. Essex Financial Services Inc. raised its holdings in Charles Schwab by 0.8% in the 4th quarter. Essex Financial Services Inc. now owns 12,833 shares of the financial services provider's stock valued at $1,282,000 after acquiring an additional 105 shares in the last quarter. Sheets Smith Wealth Management raised its holdings in Charles Schwab by 0.7% in the 1st quarter. Sheets Smith Wealth Management now owns 14,521 shares of the financial services provider's stock valued at $1,365,000 after acquiring an additional 108 shares in the last quarter. Acorn Financial Advisory Services Inc. ADV lifted its position in shares of 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 worth $253,000 after acquiring an additional 110 shares during the period. Finally, Peoples Bank KS increased its position in shares of Charles Schwab by 2.7% during the second quarter. Peoples Bank KS now owns 4,331 shares of the financial services provider's stock valued at $400,000 after purchasing an additional 113 shares during the period. 84.38% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. Zacks Research upgraded shares of Charles Schwab from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 9th. BMO Capital Markets downgraded shares of Charles Schwab from an "outperform" rating to a "market perform" rating and set a $105.00 price objective for the company. in a report on Monday, July 20th. Citigroup reissued a "market outperform" rating on shares of Charles Schwab in a research note on Wednesday, July 22nd. Compass Point assumed coverage on shares of Charles Schwab in a research report on Monday, August 3rd. They issued a "buy" rating and a $135.00 price target for the company. Finally, TD Cowen lifted their price objective on Charles Schwab from $108.00 to $109.00 and gave the company a "buy" rating in a report on Friday, May 15th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $121.17.

Insider Buying and Selling

In other Charles Schwab news, Director Paula A. Sneed sold 5,263 shares of the firm's stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $107.15, for a total value of $563,930.45. Following the completion of the sale, the director owned 91,711 shares in the company, valued at approximately $9,826,833.65. This trade represents a 5.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Chairman Walter W. Bettinger sold 176,210 shares of the business's stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $113.49, for a total transaction of $19,998,072.90. Following the completion of the transaction, the chairman directly owned 610,360 shares of the company's stock, valued at approximately $69,269,756.40. This represents a 22.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 575,194 shares of company stock valued at $61,697,642 in the last 90 days. 6.30% of the stock is owned by corporate insiders.

Charles Schwab Stock Performance

NYSE SCHW opened at $110.35 on Friday. The firm has a market cap of $190.83 billion, a price-to-earnings ratio of 20.06, a PEG ratio of 0.81 and a beta of 0.76. The company has a 50 day moving average of $103.42 and a 200-day moving average of $96.39. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 0.52. The Charles Schwab Corporation has a 1-year low of $83.96 and a 1-year high of $114.53.

Charles Schwab (NYSE:SCHW - Get Free Report) last announced its earnings results on Tuesday, July 21st. The financial services provider reported $1.62 EPS for the quarter, topping the consensus estimate of $1.56 by $0.06. The business had revenue of $7.07 billion for the quarter, compared to the consensus estimate of $6.90 billion. Charles Schwab had a return on equity of 24.53% and a net margin of 38.79%.Charles Schwab's revenue was up 20.9% compared to the same quarter last year. During the same period in the previous year, the business earned $1.14 EPS. On average, equities analysts forecast that The Charles Schwab Corporation will post 6.46 earnings per share for the current fiscal year.

Charles Schwab Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 14th were issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Friday, August 14th. Charles Schwab's dividend payout ratio is presently 23.27%.

Key Charles Schwab News

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

• Positive Sentiment: Schwab plans to add Solana, Avalanche and Chainlink to its direct crypto-trading platform, expanding beyond Bitcoin and Ethereum across its 39.9 million accounts. The move could attract additional trading activity, younger investors and digital-asset revenue, although actual demand remains uncertain. Charles Schwab expands crypto access
• Positive Sentiment: Beginning next year, Schwab will refer clients with at least $5 million in investible assets to external financial advisors. The higher threshold reflects increasing use of the referral program by wealthy clients and may improve the quality and economics of Schwab’s advisor relationships. Schwab hikes minimum for client referrals
• Positive Sentiment: Analyst commentary continues to cite Schwab’s scale, active-trading exposure, technology investments and potential benefit from the Federal Reserve’s next rate move. The stock retains a consensus “Moderate Buy” rating, while recent quarterly results beat estimates on earnings and revenue. Financial stocks positioned for the Fed’s next move
• Positive Sentiment: Schwab’s Digital Account Opening API is now live through OneVest, broadening fintech and wealth-management integrations and potentially increasing adoption of Schwab’s custody and platform services. Charles Schwab opens Digital Account API
• Neutral Sentiment: Market volatility and interest-rate expectations remain important swing factors. Greater volatility could support trading and options activity, while falling or changing rates can affect Schwab’s bank-sweep balances and net interest revenue.
• Negative Sentiment: Vanguard’s planned acquisition of Altruist could intensify competition with Schwab for independent advisors and custody assets, potentially increasing technology spending and pricing pressure. Vanguard’s Altruist acquisition
• Negative Sentiment: Chairman Walter Bettinger sold 176,210 shares worth approximately $20 million, reducing his direct ownership by 22.4%. Although insider sales do not necessarily signal deteriorating fundamentals, the transaction may weigh on investor sentiment after SCHW’s strong rally. Charles Schwab chairman insider sale

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.

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.

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