Mitsubishi UFJ Trust & Banking Corp Purchases 15,918 Shares of The Charles Schwab Corporation $SCHW

Key Points

• Mitsubishi UFJ Trust & Banking Corp increased its stake in The Charles Schwab Corporation by 2.1%, buying 15,918 shares to hold 765,081 shares worth $76,439,000 at quarter-end.
• Charles Schwab beat Q1 estimates, reporting $1.43 EPS vs. $1.39 expected and $6.48B revenue (up 15.8% YoY), and set FY2026 guidance of $5.70–$5.80 EPS versus a sell-side forecast of $5.98.
• The company announced a quarterly dividend of $0.32 per share (annualized $1.28, yield 1.4%), while insiders sold 468,748 shares (~$47.9M) over the past three months and now own 6.30% of the stock.

Mitsubishi UFJ Trust & Banking Corp raised its holdings in shares of The Charles Schwab Corporation (NYSE:SCHW - Free Report) by 2.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 765,081 shares of the financial services provider's stock after acquiring an additional 15,918 shares during the period. Mitsubishi UFJ Trust & Banking Corp's holdings in Charles Schwab were worth $76,439,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in SCHW. Piscataqua Savings Bank bought a new position in shares of Charles Schwab during the 4th quarter valued at $26,000. West Branch Capital LLC bought a new stake in Charles Schwab in the third quarter worth $27,000. GoalVest Advisory LLC purchased a new stake in Charles Schwab during the fourth quarter valued at about $28,000. Beacon Financial Strategies CORP purchased a new stake in Charles Schwab during the fourth quarter valued at about $29,000. Finally, Optima Capital LLC bought a new position in shares of Charles Schwab during the fourth quarter valued at about $30,000. 84.38% of the stock is owned by hedge funds and other institutional investors.

Charles Schwab Stock Up 2.6%

NYSE SCHW opened at $90.80 on Tuesday. The Charles Schwab Corporation has a 1 year low of $79.30 and a 1 year high of $107.50. The stock has a market capitalization of $157.81 billion, a PE ratio of 18.02, a PEG ratio of 0.70 and a beta of 0.90. 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 business's 50-day moving average is $94.04 and its 200 day moving average is $96.27.

Charles Schwab (NYSE:SCHW - Get Free Report) last released its quarterly earnings results on Thursday, April 16th. The financial services provider reported $1.43 EPS for the quarter, beating analysts' consensus estimates of $1.39 by $0.04. Charles Schwab had a return on equity of 23.03% and a net margin of 37.99%.The business had revenue of $6.48 billion during the quarter, compared to analyst estimates of $6.39 billion. During the same quarter in the prior year, the company posted $1.04 EPS. Charles Schwab's quarterly revenue 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. Sell-side analysts forecast that The Charles Schwab Corporation will post 5.98 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 issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Friday, May 8th. Charles Schwab's dividend payout ratio is currently 25.40%.

Insider Buying and Selling

In other Charles Schwab news, insider Dennis Howard sold 10,108 shares of the company's stock in a transaction 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 transaction, the insider directly owned 10,470 shares in the company, valued at approximately $990,462. This represents a 49.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman Walter W. Bettinger sold 67,514 shares of the firm's stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $104.25, for a total transaction of $7,038,334.50. Following the completion of the sale, the chairman directly owned 529,346 shares of the company's stock, valued at approximately $55,184,320.50. This represents a 11.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 468,748 shares of company stock valued at $47,885,857 over the last three months. Insiders own 6.30% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on SCHW. Citizens Jmp boosted their target price on Charles Schwab from $110.00 to $120.00 and gave the company a "market outperform" rating in a research note on Monday, January 12th. JPMorgan Chase & Co. raised their price target on Charles Schwab from $128.00 to $131.00 and gave the stock an "overweight" rating in a research report on Friday, April 17th. Argus set a $108.00 price target on Charles Schwab in a research note on Monday, April 20th. Keefe, Bruyette & Woods initiated coverage on Charles Schwab in a research report on Wednesday, April 8th. They issued an "outperform" rating and a $110.00 price objective for the company. Finally, Truist Financial dropped their price objective on Charles Schwab from $122.00 to $120.00 and set a "buy" rating for the company in a research note on Wednesday, April 1st. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $114.00.

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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