The Charles Schwab Corporation $SCHW Shares Acquired by Clough Capital Partners L P

Key Points

• Clough Capital Partners boosted its stake in The Charles Schwab Corporation by 670.6% in Q3 to 312,880 shares (about $29.9M), and institutional investors now own roughly 84.38% of SCHW.
• Schwab topped quarterly expectations with $1.39 EPS (vs. $1.32) and $6.34B revenue, set FY2026 guidance of 5.700–5.800 EPS, and carries a consensus analyst rating of "Moderate Buy" with a $115.95 price target.
• The company raised its quarterly dividend to $0.32 ($1.28 annual, 1.4% yield), while insiders have sold 415,568 shares worth about $42.6M in the past three months, including 162,462 shares by the chairman.

Clough Capital Partners L P increased its stake in shares of The Charles Schwab Corporation (NYSE:SCHW - Free Report) by 670.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 312,880 shares of the financial services provider's stock after purchasing an additional 272,280 shares during the quarter. Charles Schwab makes up approximately 2.6% of Clough Capital Partners L P's holdings, making the stock its 15th largest holding. Clough Capital Partners L P's holdings in Charles Schwab were worth $29,871,000 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 SCHW. Brighton Jones LLC raised its position in shares of Charles Schwab by 380.5% in the fourth quarter. Brighton Jones LLC now owns 24,240 shares of the financial services provider's stock valued at $1,794,000 after buying an additional 19,195 shares during the last quarter. Sivia Capital Partners LLC lifted its stake in shares of Charles Schwab by 21.6% during the 2nd quarter. Sivia Capital Partners LLC now owns 4,553 shares of the financial services provider's stock worth $415,000 after purchasing an additional 809 shares during the period. United Bank boosted its holdings in shares of Charles Schwab by 7.1% during the second quarter. United Bank now owns 16,053 shares of the financial services provider's stock worth $1,465,000 after purchasing an additional 1,070 shares during the last quarter. Jupiter Asset Management Ltd. acquired a new stake in shares of Charles Schwab during the second quarter worth $1,444,000. Finally, Grandfield & Dodd LLC purchased a new stake in shares of Charles Schwab in the second quarter valued at $226,000. 84.38% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts recently weighed in on SCHW shares. Truist Financial increased their target price on Charles Schwab from $120.00 to $122.00 and gave the stock a "buy" rating in a research report on Thursday, January 22nd. Morgan Stanley upped their price objective on shares of Charles Schwab from $139.00 to $148.00 and gave the company an "overweight" rating in a research note on Monday, December 22nd. Weiss Ratings reiterated a "hold (c+)" rating on shares of Charles Schwab in a report on Thursday, January 22nd. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a $131.00 target price on shares of Charles Schwab in a report on Thursday, January 22nd. Finally, Citizens Jmp lifted their price target on shares of Charles Schwab from $110.00 to $120.00 and gave the company a "market outperform" rating in a report on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $115.95.

Charles Schwab Stock Up 2.0%

NYSE SCHW opened at $93.11 on Friday. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 0.52. The Charles Schwab Corporation has a fifty-two week low of $65.88 and a fifty-two week high of $107.50. The business has a 50 day moving average price of $98.97 and a two-hundred day moving average price of $96.33. The stock has a market cap of $163.15 billion, a PE ratio of 19.98, a P/E/G ratio of 0.75 and a beta of 0.93.

Charles Schwab (NYSE:SCHW - Get Free Report) last posted its earnings results on Wednesday, January 21st. The financial services provider reported $1.39 EPS for the quarter, topping analysts' consensus estimates of $1.32 by $0.07. The business had revenue of $6.34 billion for the quarter, compared to analysts' expectations of $6.19 billion. Charles Schwab had a net margin of 37.01% and a return on equity of 21.97%. The business's revenue for the quarter was up 18.9% compared to the same quarter last year. During the same period in the previous year, the company posted $1.01 earnings per share. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. As a group, sell-side analysts predict that The Charles Schwab Corporation will post 4.22 EPS for the current fiscal year.

Charles Schwab Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 13th were issued a $0.32 dividend. The ex-dividend date was Friday, February 13th. This represents a $1.28 dividend on an annualized basis and a yield of 1.4%. This is an increase from Charles Schwab's previous quarterly dividend of $0.27. Charles Schwab's dividend payout ratio (DPR) is presently 27.47%.

Insider Transactions at Charles Schwab

In other Charles Schwab news, General Counsel Peter J. Morgan III sold 7,595 shares of the company's stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $104.38, for a total value of $792,766.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Chairman Walter W. Bettinger sold 162,462 shares of Charles Schwab stock in a transaction dated 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 sale, the chairman directly owned 529,346 shares in the company, valued at approximately $54,999,049.40. The trade was a 23.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 415,568 shares of company stock worth $42,639,058 over the last three months. Insiders own 6.30% of the company's stock.

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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