The Charles Schwab Corporation $SCHW Stock Position Trimmed by Jupiter Asset Management Ltd.

Key Points

• Jupiter Asset Management trimmed its Charles Schwab stake by 10.6% in the fourth quarter, selling 94,166 shares and leaving it with 797,358 shares worth about $79.7 million.
• Charles Schwab beat earnings and revenue estimates in its latest quarter, reporting $1.43 EPS on $6.48 billion in revenue, with revenue up 15.8% year over year.
• Insider selling and analyst activity remain notable: multiple insiders sold shares recently, while analysts still rate the stock a “Moderate Buy” with an average price target of $114.30.

Jupiter Asset Management Ltd. decreased its position in The Charles Schwab Corporation (NYSE:SCHW - Free Report) by 10.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 797,358 shares of the financial services provider's stock after selling 94,166 shares during the period. Jupiter Asset Management Ltd.'s holdings in Charles Schwab were worth $79,664,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC grew its holdings in Charles Schwab by 380.5% in the 4th quarter. Brighton Jones LLC now owns 24,240 shares of the financial services provider's stock worth $1,794,000 after buying an additional 19,195 shares in the last quarter. Sivia Capital Partners LLC grew its stake in shares of Charles Schwab by 21.6% in the second quarter. Sivia Capital Partners LLC now owns 4,553 shares of the financial services provider's stock worth $415,000 after purchasing an additional 809 shares in the last quarter. United Bank increased its holdings in shares of Charles Schwab by 7.1% during the second quarter. United Bank now owns 16,053 shares of the financial services provider's stock valued at $1,465,000 after purchasing an additional 1,070 shares during the period. Nebula Research & Development LLC bought a new stake in shares of Charles Schwab during the second quarter valued at about $552,000. Finally, Main Street Financial Solutions LLC raised its stake in shares of Charles Schwab by 4.7% during the second quarter. Main Street Financial Solutions LLC now owns 6,828 shares of the financial services provider's stock valued at $623,000 after purchasing an additional 305 shares in the last quarter. Institutional investors own 84.38% of the company's stock.

Charles Schwab News Roundup

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%

NYSE:SCHW opened at $85.35 on Friday. The stock has a fifty day simple moving average of $92.27 and a 200 day simple moving average of $95.67. The firm has a market capitalization of $148.44 billion, a price-to-earnings ratio of 16.94, a price-to-earnings-growth ratio of 0.58 and a beta of 0.80. The Charles Schwab Corporation has a 1-year low of $83.96 and a 1-year 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 0.48.

Charles Schwab (NYSE:SCHW - Get Free Report) last posted its quarterly earnings data 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 net margin of 37.99% and a return on equity of 23.05%. The company had revenue of $6.48 billion during the quarter, compared to analyst estimates of $6.39 billion. During the same period in the prior year, the firm earned $1.04 earnings per share. The business's quarterly revenue was up 15.8% on a year-over-year basis. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. Sell-side analysts forecast that The Charles Schwab Corporation will post 6.12 earnings per share for the current year.

Charles Schwab Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Friday, May 8th were given a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Friday, May 8th. Charles Schwab's dividend payout ratio is 25.40%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on SCHW. Truist Financial decreased their target price on shares of Charles Schwab from $122.00 to $120.00 and set a "buy" rating for the company in a research report on Wednesday, April 1st. UBS Group reduced their price target on shares of Charles Schwab from $125.00 to $119.00 and set a "buy" rating for the company in a research note on Wednesday, April 8th. Barclays increased their price objective on shares of Charles Schwab from $117.00 to $127.00 and gave the company an "overweight" rating in a report on Friday, May 15th. Jefferies Financial Group lowered their price objective 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. Finally, Piper Sandler boosted their target price on Charles Schwab from $103.00 to $105.00 and gave the stock a "neutral" rating in a report on Friday, May 15th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $114.30.

Insider Activity

In other Charles Schwab news, insider Dennis Howard sold 10,108 shares of Charles Schwab stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $94.60, for a total transaction of $956,216.80. Following the transaction, the insider directly owned 10,470 shares in the company, valued at approximately $990,462. The trade was a 49.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Frank C. Herringer sold 2,520 shares of the stock in a transaction on Tuesday, April 28th. The shares were sold at an average price of $90.60, for a total value of $228,312.00. Following the completion of the sale, the director owned 177,508 shares of the company's stock, valued at $16,082,224.80. The trade was a 1.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 99,021 shares of company stock worth $9,617,291. Company insiders own 6.30% of the company's stock.

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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