Rep. Julie Johnson Sells Off Shares of The Charles Schwab Corporation (NYSE:SCHW)

Key Points

• Representative Julie Johnson sold between $1,001 and $15,000 in shares of The Charles Schwab Corporation (NYSE:SCHW) on August 14th, as disclosed in a recent filing.
• The Charles Schwab Corporation announced a $20 billion stock buyback program, indicating the board's belief that the stock is currently undervalued.
• Charles Schwab reported a quarterly EPS of $1.14, surpassing analyst expectations and showcasing a 24.8% year-over-year growth in revenue.

Representative Julie Johnson (D-Texas) recently sold shares of The Charles Schwab Corporation NYSE: SCHW. In a filing disclosed on September 11th, the Representative disclosed that they had sold between $1,001 and $15,000 in Charles Schwab stock on August 14th. The trade occurred in the Representative's "CHASE BROKERAGE ACCOUNT (3935)" account.

Representative Julie Johnson also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of McDonald's NYSE: MCD on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Eli Lilly and Company NYSE: LLY on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Parker-Hannifin NYSE: PH on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Fidelity National Information Services NYSE: FIS on 8/14/2025.
• Sold $1,001 - $15,000 in shares of ConocoPhillips NYSE: COP on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Home Depot NYSE: HD on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Dover NYSE: DOV on 8/14/2025.
• Sold $1,001 - $15,000 in shares of UnitedHealth Group NYSE: UNH on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Texas Instruments NASDAQ: TXN on 8/14/2025.

Charles Schwab Stock Performance

Shares of NYSE:SCHW traded down $0.44 on Friday, hitting $93.50. The company's stock had a trading volume of 7,701,819 shares, compared to its average volume of 8,512,390. The Charles Schwab Corporation has a 12 month low of $61.81 and a 12 month high of $99.59. The company has a market capitalization of $169.72 billion, a price-to-earnings ratio of 25.13, a price-to-earnings-growth ratio of 0.93 and a beta of 0.96. The stock's 50-day moving average is $95.41 and its two-hundred day moving average is $86.81. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.55 and a current ratio of 0.55.

Charles Schwab (NYSE:SCHW - Get Free Report) last announced its quarterly earnings data on Friday, July 18th. The financial services provider reported $1.14 earnings per share for the quarter, beating the consensus estimate of $1.10 by $0.04. The business had revenue of $5.85 billion during the quarter, compared to analyst estimates of $5.64 billion. Charles Schwab had a return on equity of 19.30% and a net margin of 33.68%.The company's revenue was up 24.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.73 earnings per share. On average, equities research analysts forecast that The Charles Schwab Corporation will post 4.22 EPS for the current year.

Charles Schwab declared that its board has initiated a stock buyback program on Thursday, July 24th that allows the company to repurchase $20.00 billion in shares. This repurchase authorization allows the financial services provider to buy up to 11.6% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's board believes its stock is undervalued.

Charles Schwab Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 22nd. Stockholders of record on Friday, August 8th were paid a $0.27 dividend. The ex-dividend date of this dividend was Friday, August 8th. This represents a $1.08 annualized dividend and a dividend yield of 1.2%. Charles Schwab's dividend payout ratio is presently 29.03%.

Insiders Place Their Bets

In related news, insider Nigel J. Murtagh sold 24,096 shares of the firm's stock in a transaction that occurred on Tuesday, July 29th. The stock was sold at an average price of $97.91, for a total value of $2,359,239.36. Following the transaction, the insider directly owned 58,999 shares of the company's stock, valued at approximately $5,776,592.09. This trade represents a 29.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, General Counsel Peter J. Morgan III sold 50,016 shares of the firm's stock in a transaction that occurred on Wednesday, August 27th. The shares were sold at an average price of $97.00, for a total value of $4,851,552.00. The disclosure for this sale can be found here. Insiders sold 298,214 shares of company stock worth $29,022,580 in the last three months. 6.30% of the stock is owned by insiders.

Hedge Funds Weigh In On Charles Schwab

Several institutional investors and hedge funds have recently bought and sold shares of the business. Brighton Jones LLC raised its stake in shares of Charles Schwab by 380.5% during the 4th quarter. Brighton Jones LLC now owns 24,240 shares of the financial services provider's stock worth $1,794,000 after purchasing an additional 19,195 shares in the last quarter. Gotham Asset Management LLC raised its stake in shares of Charles Schwab by 2.4% during the 4th quarter. Gotham Asset Management LLC now owns 30,613 shares of the financial services provider's stock worth $2,266,000 after purchasing an additional 718 shares in the last quarter. Lighthouse Investment Partners LLC purchased a new stake in shares of Charles Schwab during the 4th quarter worth about $2,100,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Charles Schwab by 0.3% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 206,135 shares of the financial services provider's stock worth $15,256,000 after purchasing an additional 580 shares in the last quarter. Finally, OMERS ADMINISTRATION Corp raised its stake in shares of Charles Schwab by 20.5% during the 4th quarter. OMERS ADMINISTRATION Corp now owns 62,943 shares of the financial services provider's stock worth $4,658,000 after purchasing an additional 10,690 shares in the last quarter. Hedge funds and other institutional investors own 84.38% of the company's stock.

Analyst Ratings Changes

SCHW has been the subject of several research analyst reports. William Blair lowered Charles Schwab from a "strong-buy" rating to a "hold" rating in a report on Thursday, July 3rd. Wells Fargo & Company set a $102.00 price objective on Charles Schwab and gave the company an "overweight" rating in a report on Friday, July 18th. JMP Securities upped their price objective on Charles Schwab from $106.00 to $110.00 and gave the company a "market outperform" rating in a report on Monday, July 21st. Barclays upped their target price on Charles Schwab from $106.00 to $113.00 and gave the company an "overweight" rating in a report on Friday, July 18th. Finally, Keefe, Bruyette & Woods upped their target price on Charles Schwab from $102.00 to $108.00 and gave the company an "outperform" rating in a report on Monday, July 21st. Sixteen investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Charles Schwab currently has a consensus rating of "Moderate Buy" and a consensus price target of $99.60.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas' 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027. Johnson (Democratic Party) ran for election to the U.S. House to represent Texas' 32nd Congressional District. She won in the general election on November 5, 2024. Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson's career experience includes working as an attorney.

Charles Schwab Company Profile

The Charles Schwab Corporation, together with its subsidiaries, operates as a savings and loan holding company that provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services in the United States and internationally. The company operates in two segments, Investor Services and Advisor Services.

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