Rep. Lisa C. McClain Unloads The Charles Schwab Corporation (NYSE:SCHW) Shares

Key Points

• Representative Lisa C. McClain sold shares of The Charles Schwab Corporation (NYSE:SCHW) worth between $1,001 and $15,000 on July 16th.
• Charles Schwab recently announced a $20 billion stock repurchase plan, indicating the company's belief that its stock is undervalued.
• The company disclosed a quarterly dividend of $0.27 per share, with an annualized yield of 1.1% and a payout ratio of 29.03%.

Representative Lisa C. McClain (R-Michigan) recently sold shares of The Charles Schwab Corporation NYSE: SCHW. In a filing disclosed on August 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Charles Schwab stock on July 16th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Charles Schwab Stock Performance

NYSE SCHW traded down $1.75 during trading hours on Friday, hitting $96.03. The company's stock had a trading volume of 9,535,466 shares, compared to its average volume of 10,070,533. The company's 50 day simple moving average is $92.93 and its two-hundred day simple moving average is $84.79. The Charles Schwab Corporation has a 12 month low of $61.16 and a 12 month high of $99.59. The company has a market cap of $174.32 billion, a P/E ratio of 25.81, a price-to-earnings-growth ratio of 0.92 and a beta of 0.96. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.55 and a quick ratio of 0.53.

Charles Schwab (NYSE:SCHW - Get Free Report) last posted its quarterly earnings data on Friday, July 18th. The financial services provider reported $1.14 earnings per share for the quarter, beating analysts' consensus estimates of $1.10 by $0.04. Charles Schwab had a return on equity of 19.30% and a net margin of 33.68%. The firm had revenue of $5.85 billion for the quarter, compared to analysts' expectations of $5.64 billion. The business's quarterly revenue was up 24.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.73 EPS. As a group, sell-side analysts expect that The Charles Schwab Corporation will post 4.22 EPS for the current fiscal year.

Charles Schwab announced that its board has approved a stock repurchase plan on Thursday, July 24th that allows the company to buyback $20.00 billion in outstanding shares. This buyback authorization allows the financial services provider to purchase up to 11.6% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's board of directors believes its stock is undervalued.

Charles Schwab Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 22nd. Investors of record on Friday, August 8th will be issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Friday, August 8th. Charles Schwab's payout ratio is presently 29.03%.

Institutional Trading of Charles Schwab

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SCHW. Princeton Global Asset Management LLC purchased a new position in shares of Charles Schwab during the 2nd quarter valued at about $25,000. RMG Wealth Management LLC purchased a new position in shares of Charles Schwab during the 2nd quarter valued at about $27,000. Atwood & Palmer Inc. purchased a new position in shares of Charles Schwab during the 1st quarter valued at about $25,000. Mid American Wealth Advisory Group Inc. purchased a new position in shares of Charles Schwab during the 2nd quarter valued at about $32,000. Finally, Westside Investment Management Inc. raised its stake in shares of Charles Schwab by 75.0% during the 1st quarter. Westside Investment Management Inc. now owns 350 shares of the financial services provider's stock valued at $27,000 after buying an additional 150 shares during the last quarter. Institutional investors and hedge funds own 84.38% of the company's stock.

Insider Buying and Selling at Charles Schwab

In related news, Chairman Walter W. Bettinger sold 173,876 shares of Charles Schwab stock in a transaction on Tuesday, July 29th. The shares were sold at an average price of $98.84, for a total value of $17,185,903.84. Following the sale, the chairman owned 590,734 shares of the company's stock, valued at approximately $58,388,148.56. This trade represents a 22.74% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Nigel J. Murtagh sold 24,096 shares of the company's stock in a transaction on Tuesday, July 29th. The stock was sold at an average price of $97.91, for a total transaction of $2,359,239.36. Following the transaction, the insider owned 58,999 shares of the company's stock, valued at $5,776,592.09. This represents a 29.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 308,016 shares of company stock worth $29,341,433. Insiders own 6.30% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently commented on SCHW. Barclays lifted their target price on Charles Schwab from $106.00 to $113.00 and gave the stock an "overweight" rating in a report on Friday, July 18th. William Blair lowered shares of Charles Schwab from a "strong-buy" rating to a "hold" rating in a research note on Thursday, July 3rd. Truist Financial lifted their price objective on shares of Charles Schwab from $107.00 to $112.00 and gave the stock a "buy" rating in a research note on Friday. TD Securities lifted their price objective on shares of Charles Schwab from $95.00 to $113.00 and gave the stock a "buy" rating in a research note on Tuesday, May 20th. Finally, Wells Fargo & Company set a $102.00 price target on Charles Schwab and gave the stock an "overweight" rating in a report on Friday, July 18th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and sixteen have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $99.60.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

About Charles Schwab

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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