The Charles Schwab Corporation $SCHW Shares Sold by Mairs & Power Inc.

Key Points

• Mairs & Power Inc. cut its stake in The Charles Schwab Corporation by 11.2% in Q3, selling 37,888 shares and leaving it with 299,389 shares valued at about $28.58M.
• Company insiders have been net sellers: Chairman Walter W. Bettinger sold 162,462 shares for roughly $16.88M (a 23.48% ownership drop), and insiders disposed of 415,568 shares worth about $42.64M in the past 90 days.
• Schwab beat quarterly estimates with $1.39 EPS (vs. $1.32 expected) and $6.34B revenue, raised its quarterly dividend to $0.32 (annualized $1.28, 1.4% yield) and set FY2026 guidance of 5.700–5.800 EPS.

Mairs & Power Inc. decreased its position in shares of The Charles Schwab Corporation (NYSE:SCHW - Free Report) by 11.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 299,389 shares of the financial services provider's stock after selling 37,888 shares during the quarter. Mairs & Power Inc.'s holdings in Charles Schwab were worth $28,583,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Federated Hermes Inc. boosted its stake in Charles Schwab by 2,112.7% during the 2nd quarter. Federated Hermes Inc. now owns 181,793 shares of the financial services provider's stock worth $16,587,000 after purchasing an additional 173,577 shares during the period. First National Trust Co boosted its stake in shares of Charles Schwab by 82.2% during the third quarter. First National Trust Co now owns 89,224 shares of the financial services provider's stock worth $8,518,000 after buying an additional 40,257 shares during the period. AE Wealth Management LLC grew its holdings in shares of Charles Schwab by 131.0% during the third quarter. AE Wealth Management LLC now owns 99,832 shares of the financial services provider's stock worth $9,531,000 after buying an additional 56,609 shares during the last quarter. Optimize Financial Inc acquired a new position in Charles Schwab in the 3rd quarter valued at about $467,000. Finally, Nordea Investment Management AB raised its stake in Charles Schwab by 11.2% during the 3rd quarter. Nordea Investment Management AB now owns 3,040,864 shares of the financial services provider's stock valued at $291,436,000 after acquiring an additional 305,904 shares during the last quarter. 84.38% of the stock is owned by hedge funds and other institutional investors.

Charles Schwab Trading Up 0.6%

NYSE:SCHW opened at $93.60 on Tuesday. The Charles Schwab Corporation has a 1 year low of $65.88 and a 1 year high of $107.50. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.62 and a current ratio of 0.62. The stock has a fifty day moving average price of $98.77 and a two-hundred day moving average price of $96.31. The stock has a market capitalization of $164.01 billion, a price-to-earnings ratio of 20.09, a PEG ratio of 0.75 and a beta of 0.93.

Charles Schwab (NYSE:SCHW - Get Free Report) last issued its earnings results on Wednesday, January 21st. The financial services provider reported $1.39 EPS for the quarter, topping the consensus estimate of $1.32 by $0.07. The company had revenue of $6.34 billion for the quarter, compared to analyst estimates 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 was up 18.9% on a year-over-year basis. During the same period in the previous year, the firm earned $1.01 EPS. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. As a group, sell-side analysts anticipate that The Charles Schwab Corporation will post 4.22 earnings per share for the current fiscal year.

Charles Schwab Increases Dividend

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

Analyst Ratings Changes

A number of research firms have weighed in on SCHW. Citizens Jmp increased their price objective on Charles Schwab from $110.00 to $120.00 and gave the stock a "market outperform" rating in a research report on Monday, January 12th. Barclays boosted their target price on Charles Schwab from $125.00 to $126.00 and gave the company an "overweight" rating in a report on Monday, January 26th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Charles Schwab in a report on Thursday, January 22nd. UBS Group lifted their price objective on shares of Charles Schwab from $123.00 to $125.00 and gave the company a "buy" rating in a research report on Thursday, January 22nd. Finally, Morgan Stanley upped their price objective on shares of Charles Schwab from $139.00 to $148.00 and gave the stock an "overweight" rating in a research report on Monday, December 22nd. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Charles Schwab has an average rating of "Moderate Buy" and a consensus price target of $115.95.

Insider Buying and Selling

In other Charles Schwab news, Chairman Walter W. Bettinger sold 162,462 shares of the stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $103.90, for a total value of $16,879,801.80. Following the completion of the transaction, the chairman directly owned 529,346 shares of the company's stock, valued at approximately $54,999,049.40. This trade represents a 23.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Dennis Howard sold 27,903 shares of the business's stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $95.02, for a total value of $2,651,343.06. Following the sale, the insider directly owned 10,470 shares in the company, valued at $994,859.40. This trade represents a 72.72% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 415,568 shares of company stock valued at $42,639,058 in the last 90 days. 6.30% of the stock is owned by corporate insiders.

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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