The Charles Schwab Corporation $SCHW Shares Sold by CORDA Investment Management LLC.

Key Points

• CORDA Investment Management trimmed its stake in The Charles Schwab Corporation by 2.4% in Q4, selling 14,303 shares and holding 569,635 shares worth about $56.9 million (4.1% of CORDA's portfolio and its 4th largest position).
• Institutional ownership is high at 84.38%, and major funds including Vanguard, State Street, Primecap and others increased their Schwab positions during the reported period.
• Charles Schwab recently beat quarterly EPS and revenue (EPS $1.43 vs. $1.39 expected), set FY2026 guidance of $5.70–$5.80 EPS, and declared a $0.32 quarterly dividend (1.4% yield, ex-dividend May 8).

CORDA Investment Management LLC. cut its stake in The Charles Schwab Corporation (NYSE:SCHW - Free Report) by 2.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 569,635 shares of the financial services provider's stock after selling 14,303 shares during the quarter. Charles Schwab comprises approximately 4.1% of CORDA Investment Management LLC.'s investment portfolio, making the stock its 4th biggest position. CORDA Investment Management LLC.'s holdings in Charles Schwab were worth $56,912,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. increased its stake in shares of Charles Schwab by 0.3% in the 3rd quarter. Vanguard Group Inc. now owns 151,585,214 shares of the financial services provider's stock worth $14,471,840,000 after acquiring an additional 403,133 shares during the last quarter. State Street Corp grew its holdings in shares of Charles Schwab by 1.0% during the 3rd quarter. State Street Corp now owns 73,156,290 shares of the financial services provider's stock worth $6,984,231,000 after purchasing an additional 691,671 shares during the period. Fisher Asset Management LLC grew its holdings in shares of Charles Schwab by 1.3% during the 3rd quarter. Fisher Asset Management LLC now owns 21,646,588 shares of the financial services provider's stock worth $2,066,600,000 after purchasing an additional 269,898 shares during the period. Primecap Management Co. CA grew its holdings in shares of Charles Schwab by 11.4% during the 3rd quarter. Primecap Management Co. CA now owns 21,209,187 shares of the financial services provider's stock worth $2,024,841,000 after purchasing an additional 2,174,381 shares during the period. Finally, Viking Global Investors LP grew its holdings in shares of Charles Schwab by 5.1% during the 3rd quarter. Viking Global Investors LP now owns 16,583,101 shares of the financial services provider's stock worth $1,583,189,000 after purchasing an additional 809,876 shares during the period. 84.38% of the stock is owned by institutional investors and hedge funds.

Charles Schwab Stock Performance

Shares of Charles Schwab stock opened at $89.31 on Friday. The business has a 50-day moving average of $93.75 and a 200 day moving average of $96.18. The Charles Schwab Corporation has a 12 month low of $83.62 and a 12 month high of $107.50. The stock has a market capitalization of $155.22 billion, a price-to-earnings ratio of 17.72, a price-to-earnings-growth ratio of 0.72 and a beta of 0.80. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.62 and a quick ratio of 0.62.

Charles Schwab (NYSE:SCHW - Get Free Report) last announced its 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 company had revenue of $6.48 billion during the quarter, compared to analysts' expectations of $6.39 billion. During the same period last year, the business 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. As a group, sell-side analysts forecast that The Charles Schwab Corporation will post 5.99 earnings per share for the current year.

Charles Schwab Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Friday, May 8th will be given a $0.32 dividend. The ex-dividend date of this dividend is Friday, May 8th. This represents a $1.28 dividend on an annualized basis and a yield of 1.4%. Charles Schwab's dividend payout ratio (DPR) is currently 25.40%.

Analyst Ratings Changes

SCHW has been the subject of a number of research analyst reports. Keefe, Bruyette & Woods initiated coverage on Charles Schwab in a report on Wednesday, April 8th. They set an "outperform" rating and a $110.00 price target for the company. Jefferies Financial Group lowered their price target on Charles Schwab from $122.00 to $118.00 and set a "buy" rating for the company in a report on Monday, April 6th. Morgan Stanley lowered their price target on Charles Schwab from $135.00 to $125.00 and set an "overweight" rating for the company in a report on Friday, April 17th. Wolfe Research set a $120.00 price target on Charles Schwab in a report on Monday, January 12th. Finally, Weiss Ratings upgraded Charles Schwab from a "hold (c+)" rating to a "buy (b-)" rating in a report on Monday, March 23rd. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $114.00.

Insider Buying and Selling

In other Charles Schwab news, insider Nigel J. Murtagh sold 41,297 shares of the stock in a transaction dated Tuesday, April 14th. The stock was sold at an average price of $99.00, for a total value of $4,088,403.00. Following the sale, the insider owned 57,972 shares of the company's stock, valued at $5,739,228. This trade represents a 41.60% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Paul V. Woolway sold 7,941 shares of the stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $100.00, for a total value of $794,100.00. Following the completion of the sale, the insider directly owned 29,866 shares in the company, valued at $2,986,600. This represents a 21.00% decrease in their position. 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 126,924 shares of company stock worth $12,268,634 over the last 90 days. 6.30% of the stock is currently owned by company insiders.

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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