The Charles Schwab Corporation $SCHW Shares Acquired by Intech Investment Management LLC

Key Points

• Intech Investment Management boosted its Charles Schwab stake by 56.1% in the fourth quarter, ending with 471,408 shares valued at about $47.1 million.
• Charles Schwab reported quarterly earnings that beat expectations, posting $1.43 per share on revenue of $6.48 billion, while revenue rose 15.8% year over year.
• The company paid a quarterly dividend of $0.32 per share and also saw recent insider selling, with insiders unloading about 99,021 shares over the last 90 days.

Intech Investment Management LLC grew its position in The Charles Schwab Corporation (NYSE:SCHW - Free Report) by 56.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 471,408 shares of the financial services provider's stock after purchasing an additional 169,372 shares during the quarter. Intech Investment Management LLC's holdings in Charles Schwab were worth $47,098,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Dogwood Wealth Management LLC raised its holdings in Charles Schwab by 99.2% during the fourth quarter. Dogwood Wealth Management LLC now owns 247 shares of the financial services provider's stock worth $25,000 after purchasing an additional 123 shares in the last quarter. Piscataqua Savings Bank acquired a new stake in Charles Schwab during the 4th quarter worth $26,000. GoalVest Advisory LLC acquired a new stake in Charles Schwab during the 4th quarter worth $28,000. Beacon Financial Strategies CORP acquired a new stake in Charles Schwab during the 4th quarter worth $29,000. Finally, Optima Capital LLC acquired a new stake in Charles Schwab during the 4th quarter worth $30,000. Institutional investors and hedge funds own 84.38% of the company's stock.

Analysts Set New Price Targets

SCHW has been the topic of several research analyst reports. Keefe, Bruyette & Woods initiated coverage on shares of Charles Schwab in a research note on Wednesday, April 8th. They set an "outperform" rating and a $110.00 price target on the stock. UBS Group cut their price target on shares of Charles Schwab from $125.00 to $119.00 and set a "buy" rating on the stock in a research note on Wednesday, April 8th. JPMorgan Chase & Co. lifted their price target on shares of Charles Schwab from $128.00 to $131.00 and gave the stock an "overweight" rating in a research note on Friday, April 17th. Raymond James Financial lifted their price target on shares of Charles Schwab from $126.00 to $137.00 and gave the stock an "outperform" rating in a research note on Friday, May 15th. Finally, TD Cowen lifted their price target on shares of Charles Schwab from $108.00 to $109.00 and gave the stock a "buy" rating in a research note on Friday, May 15th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $114.30.

Key Headlines Impacting Charles Schwab

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

• Negative Sentiment: Schwab’s recent $1.0 billion and $1.25 billion senior notes offerings, combined with co-chairman Charles R. Schwab’s share sale and a steady stream of insider selling, may be pressuring the stock as investors reassess balance-sheet and sentiment risks. Article Title
• Positive Sentiment: Schwab continues to expand its wealth management reach, with advisor-service head Jon Beatty saying the firm’s growing Schwab Wealth Advisory footprint is not likely to conflict with RIAs, which supports the long-term growth narrative. Article Title
• Positive Sentiment: Schwab Foundation launched new Moneywise Momentum Grants as part of a $20 million financial-education commitment, reinforcing the company’s brand and customer-engagement efforts. Article Title
• Neutral Sentiment: Liz Ann Sonders warned against treating the market like a “casino,” a commentary that reflects Schwab’s market perspective but does not appear to be a direct business catalyst. Article Title
• Neutral Sentiment: Multiple Charles Schwab Challenge golf stories are creating brand visibility, but they are unlikely to materially move SCHW shares. Article Title

Charles Schwab Trading Down 0.3%

Shares of Charles Schwab stock opened at $85.35 on Friday. The Charles Schwab Corporation has a 1 year low of $83.96 and a 1 year high of $107.50. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.62 and a current ratio of 0.62. The company has a market capitalization of $148.44 billion, a P/E ratio of 16.94, a PEG ratio of 0.58 and a beta of 0.80. The company's fifty day moving average is $92.27 and its two-hundred day moving average is $95.67.

Charles Schwab (NYSE:SCHW - Get Free Report) last issued its quarterly earnings data on Thursday, April 16th. The financial services provider reported $1.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.39 by $0.04. Charles Schwab had a net margin of 37.99% and a return on equity of 23.05%. The company had revenue of $6.48 billion for the quarter, compared to the consensus estimate of $6.39 billion. During the same period last year, the firm posted $1.04 EPS. Charles Schwab's revenue for the quarter was up 15.8% on a year-over-year basis. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. Analysts forecast that The Charles Schwab Corporation will post 6.12 earnings per share for the current year.

Charles Schwab Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Friday, May 8th were given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Friday, May 8th. Charles Schwab's dividend payout ratio (DPR) is presently 25.40%.

Insider Buying and Selling at Charles Schwab

In other Charles Schwab news, Director Frank C. Herringer sold 2,520 shares of the firm's stock in a transaction on Tuesday, April 28th. The shares were sold at an average price of $90.60, for a total transaction of $228,312.00. Following the transaction, the director directly owned 177,508 shares of the company's stock, valued at approximately $16,082,224.80. This trade represents a 1.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Nigel J. Murtagh sold 41,297 shares of the firm's stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of $99.00, for a total transaction of $4,088,403.00. Following the transaction, the insider directly owned 57,972 shares in the company, valued at $5,739,228. The trade was a 41.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 99,021 shares of company stock valued at $9,617,291. Company insiders own 6.30% of the company's stock.

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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