The Charles Schwab Corporation $SCHW Shares Sold by PFG Advisors

Key Points

• PFG Advisors sold 99.5% of its Charles Schwab stake in Q3, disposing of 1,985,311 shares and leaving 9,625 shares valued at about $919,000.
• Company insiders have been net sellers—selling 415,568 shares worth roughly $42.64 million over the last quarter, including notable disposals by Director Christopher V. Dodds and Dennis Howard; institutional investors own about 84.38% while insiders hold 6.30%.
• Wall Street shows a “Moderate Buy” consensus with a $115.95 target; Schwab recently beat quarterly EPS and revenue estimates, set FY2026 guidance at 5.70–5.80 EPS, and raised its quarterly dividend to $0.32.

PFG Advisors lessened its position in shares of The Charles Schwab Corporation (NYSE:SCHW - Free Report) by 99.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 9,625 shares of the financial services provider's stock after selling 1,985,311 shares during the quarter. PFG Advisors' holdings in Charles Schwab were worth $919,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Diversify Advisory Services LLC boosted its position in Charles Schwab by 30.7% in the third quarter. Diversify Advisory Services LLC now owns 23,490 shares of the financial services provider's stock valued at $2,188,000 after buying an additional 5,524 shares during the last quarter. ProVise Management Group LLC raised its position in Charles Schwab by 2.5% during the 3rd quarter. ProVise Management Group LLC now owns 186,007 shares of the financial services provider's stock worth $17,758,000 after buying an additional 4,549 shares during the last quarter. Prevail Innovative Wealth Advisors LLC acquired a new stake in Charles Schwab during the 3rd quarter valued at approximately $4,572,000. B. Metzler seel. Sohn & Co. AG lifted its stake in Charles Schwab by 0.3% during the 3rd quarter. B. Metzler seel. Sohn & Co. AG now owns 219,996 shares of the financial services provider's stock valued at $21,003,000 after acquiring an additional 629 shares during the period. Finally, Vinva Investment Management Ltd boosted its holdings in shares of Charles Schwab by 10.2% in the 3rd quarter. Vinva Investment Management Ltd now owns 126,545 shares of the financial services provider's stock valued at $12,261,000 after acquiring an additional 11,664 shares during the last quarter. 84.38% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Charles Schwab

In other Charles Schwab news, Director Christopher V. Dodds sold 11,825 shares of the firm's stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $104.55, for a total value of $1,236,303.75. Following the sale, the director directly owned 449,406 shares of the company's stock, valued at approximately $46,985,397.30. This trade represents a 2.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Dennis Howard sold 27,903 shares of the business's stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $95.02, for a total value of $2,651,343.06. Following the completion of the sale, the insider owned 10,470 shares of the company's stock, valued at $994,859.40. This trade represents a 72.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 415,568 shares of company stock worth $42,639,058 over the last quarter. Company insiders own 6.30% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Citizens Jmp increased their price objective on shares of Charles Schwab from $110.00 to $120.00 and gave the stock a "market outperform" rating in a research note on Monday, January 12th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $131.00 price target on shares of Charles Schwab in a report on Thursday, January 22nd. Citigroup reaffirmed a "market outperform" rating on shares of Charles Schwab in a research report on Monday, January 12th. Barclays lifted their price objective on Charles Schwab from $125.00 to $126.00 and gave the company an "overweight" rating in a research note on Monday, January 26th. Finally, Bank of America upped their target price on Charles Schwab from $88.00 to $91.00 and gave the stock an "underperform" rating in a research note on Wednesday, December 10th. One investment 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 stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $115.95.

Charles Schwab Stock Performance

Shares of NYSE SCHW opened at $92.68 on Thursday. The company's fifty day moving average price is $99.32 and its 200 day moving average price is $96.40. The Charles Schwab Corporation has a 1 year low of $65.88 and a 1 year high of $107.50. The company has a market capitalization of $162.39 billion, a PE ratio of 19.89, a price-to-earnings-growth ratio of 0.75 and a beta of 0.93. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.62 and a current ratio of 0.62.

Charles Schwab (NYSE:SCHW - Get Free Report) last released its quarterly earnings data on Wednesday, January 21st. The financial services provider reported $1.39 earnings per share for the quarter, beating analysts' consensus estimates of $1.32 by $0.07. The company had revenue of $6.34 billion during 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 firm's revenue for the quarter was up 18.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.01 earnings per share. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. On average, research analysts predict that The Charles Schwab Corporation will post 4.22 earnings per share for the current year.

Charles Schwab Increases Dividend

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

Charles Schwab Company 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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