The Charles Schwab Corporation $SCHW Shares Sold by Truist Financial Corp

Key Points

• Truist reduced its position in The Charles Schwab Corporation by 5.6% in Q4, selling 82,885 shares and retaining 1,409,928 shares worth roughly $140.87 million.
• Schwab reported a quarterly earnings beat (EPS $1.43 vs. $1.39 est.) with revenue up 15.8%, issued FY2026 guidance of 5.700–5.800 EPS, and announced a $0.32 quarterly dividend (1.4% yield) alongside meaningful buybacks (~$4.58B through Sept. 2025).
• Insiders have been net sellers—463,673 shares (~$47.3M) sold over the past three months—while analysts remain largely positive (consensus "Moderate Buy" with an average target of $114) despite several recent target cuts.

Truist Financial Corp decreased its position in The Charles Schwab Corporation (NYSE:SCHW - Free Report) by 5.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,409,928 shares of the financial services provider's stock after selling 82,885 shares during the quarter. Truist Financial Corp owned 0.08% of Charles Schwab worth $140,866,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in Charles Schwab by 0.3% in the third quarter. Vanguard Group Inc. now owns 151,585,214 shares of the financial services provider's stock valued at $14,471,840,000 after acquiring an additional 403,133 shares in the last quarter. State Street Corp raised its holdings in Charles Schwab by 1.0% in the third quarter. State Street Corp now owns 73,156,290 shares of the financial services provider's stock valued at $6,984,231,000 after acquiring an additional 691,671 shares in the last quarter. Fisher Asset Management LLC raised its holdings in Charles Schwab by 1.3% in the third quarter. Fisher Asset Management LLC now owns 21,646,588 shares of the financial services provider's stock valued at $2,066,600,000 after acquiring an additional 269,898 shares in the last quarter. Primecap Management Co. CA raised its holdings in Charles Schwab by 11.4% in the third quarter. Primecap Management Co. CA now owns 21,209,187 shares of the financial services provider's stock valued at $2,024,841,000 after acquiring an additional 2,174,381 shares in the last quarter. Finally, Viking Global Investors LP raised its holdings in Charles Schwab by 5.1% in the third quarter. Viking Global Investors LP now owns 16,583,101 shares of the financial services provider's stock valued at $1,583,189,000 after acquiring an additional 809,876 shares in the last quarter. Institutional investors and hedge funds own 84.38% of the company's stock.

Charles Schwab Stock Performance

Shares of Charles Schwab stock opened at $91.60 on Monday. The firm has a market capitalization of $159.20 billion, a P/E ratio of 18.17, a P/E/G ratio of 0.72 and a beta of 0.80. The Charles Schwab Corporation has a 52 week low of $82.04 and a 52 week high of $107.50. 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 firm's 50 day moving average is $93.87 and its two-hundred day moving average is $96.24.

Charles Schwab (NYSE:SCHW - Get Free Report) last announced its quarterly earnings results on Thursday, April 16th. The financial services provider reported $1.43 EPS for the quarter, beating the consensus estimate of $1.39 by $0.04. The company had revenue of $6.48 billion for the quarter, compared to analyst estimates of $6.39 billion. Charles Schwab had a net margin of 37.99% and a return on equity of 23.03%. The firm's revenue was up 15.8% on a year-over-year basis. During the same period in the prior year, the firm posted $1.04 earnings per share. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. Research analysts forecast that The Charles Schwab Corporation will post 5.99 EPS for the current fiscal 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 paid a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 1.4%. The ex-dividend date is Friday, May 8th. Charles Schwab's dividend payout ratio is currently 25.40%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Morgan Stanley reduced their target price on shares of Charles Schwab from $135.00 to $125.00 and set an "overweight" rating on the stock in a report on Friday, April 17th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $127.00 target price on shares of Charles Schwab in a report on Friday, April 17th. Truist Financial reduced their target price on shares of Charles Schwab from $122.00 to $120.00 and set a "buy" rating on the stock in a report on Wednesday, April 1st. TD Cowen reaffirmed a "buy" rating on shares of Charles Schwab in a report on Thursday, April 9th. Finally, Jefferies Financial Group dropped their price target on shares of Charles Schwab from $122.00 to $118.00 and set a "buy" rating on the stock in a research note on Monday, April 6th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $114.00.

Charles Schwab News Summary

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

• Positive Sentiment: Erste Group raised forward earnings estimates for Schwab, boosting FY2027 EPS expectations and supporting a stronger forward earnings outlook that can underpin valuation. Erste Group estimate notes
• Positive Sentiment: Capital returns remain meaningful — Schwab’s recent large share repurchases (about $4.58B through Sept. 2025) and a newly announced quarterly dividend ($0.32/share, ex-div May 8) support EPS per share and income investors. Buyback/dividend coverage
• Neutral Sentiment: National Investing Day and Schwab’s ongoing investor education and RIA custodian footprint are positive for long‑term client acquisition but unlikely to move near‑term earnings materially. National Investing Day
• Neutral Sentiment: Valuation and performance commentary notes mixed recent returns (short‑term weakness vs. multi‑year gains); useful context for investors but not a specific catalyst. Valuation piece
• Negative Sentiment: Insider selling: Director Frank C. Herringer sold 2,520 shares at about $90.60 (filed Apr. 28) — a small stake reduction that can be perceived negatively by some investors. SEC Form 4 – Insider Sale
• Negative Sentiment: Several brokers trimmed price targets (while often keeping buy ratings), which reduces upside expectations and can cap near‑term stock momentum. Analyst target notes
• Negative Sentiment: Sector/peer weakness — Robinhood’s earnings miss and crypto revenue decline have pressured broker sentiment and could temporarily lower industry trading volumes, which would weigh on Schwab’s transaction revenue. Robinhood earnings

Insider Buying and Selling

In other Charles Schwab news, insider Paul V. Woolway sold 15,884 shares of the stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $95.12, for a total value of $1,510,886.08. Following the transaction, the insider directly owned 35,992 shares in the company, valued at $3,423,559.04. This represents a 30.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Chairman Walter W. Bettinger sold 162,462 shares of the firm's stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $103.90, for a total transaction of $16,879,801.80. Following the transaction, the chairman owned 529,346 shares in the company, valued at approximately $54,999,049.40. This trade represents a 23.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 463,673 shares of company stock valued at $47,321,403 over the last three months. 6.30% of the stock is currently owned by 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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