Insight 2811 Inc. Buys New Shares in The Charles Schwab Corporation $SCHW

Insight 2811 Inc. purchased a new position in shares of The Charles Schwab Corporation (NYSE:SCHW) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 14,280 shares of the financial services provider’s stock, valued at approximately $1,427,000. Charles Schwab accounts for about 0.6% of Insight 2811 Inc.’s investment portfolio, making the stock its 21st largest holding.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHW. Primecap Management Co. CA grew its position in Charles Schwab by 11.4% during the 3rd quarter. Primecap Management Co. CA now owns 21,209,187 shares of the financial services provider’s stock worth $2,024,841,000 after purchasing an additional 2,174,381 shares during the period. Mondrian Investment Partners LTD acquired a new stake in Charles Schwab during the 3rd quarter worth about $169,104,000. First Trust Advisors LP grew its position in Charles Schwab by 292.7% during the 3rd quarter. First Trust Advisors LP now owns 2,206,320 shares of the financial services provider’s stock worth $210,637,000 after purchasing an additional 1,644,503 shares during the period. Danske Bank A S acquired a new stake in Charles Schwab during the 3rd quarter worth about $142,594,000. Finally, Amundi grew its position in Charles Schwab by 21.6% during the 3rd quarter. Amundi now owns 6,982,838 shares of the financial services provider’s stock worth $656,387,000 after purchasing an additional 1,238,813 shares during the period. 84.38% of the stock is owned by institutional investors and hedge funds.

Charles Schwab Price Performance

Shares of Charles Schwab stock opened at $89.31 on Friday. 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 Charles Schwab Corporation has a twelve month low of $83.62 and a twelve month high of $107.50. The business has a 50-day moving average price of $93.75 and a 200 day moving average price of $96.18. The firm has a market cap of $155.22 billion, a PE ratio of 17.72, a P/E/G ratio of 0.72 and a beta of 0.80.

Charles Schwab (NYSE:SCHW) last announced its quarterly earnings results on Thursday, April 16th. The financial services provider reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.39 by $0.04. Charles Schwab had a return on equity of 23.03% and a net margin of 37.99%.The firm had revenue of $6.48 billion during the quarter, compared to analyst estimates of $6.39 billion. During the same quarter in the previous year, the business earned $1.04 EPS. Charles Schwab’s revenue for the quarter was up 15.8% compared to the same quarter last year. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. Sell-side analysts predict that The Charles Schwab Corporation will post 5.99 earnings per share for the current fiscal year.

Charles Schwab Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Investors of record on Friday, May 8th will be paid a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Friday, May 8th. Charles Schwab’s payout ratio is currently 25.40%.

Insider Activity at Charles Schwab

In related news, insider Nigel J. Murtagh sold 41,297 shares of Charles Schwab stock in a transaction dated Tuesday, April 14th. The stock was sold at an average price of $99.00, for a total value of $4,088,403.00. Following the sale, the insider directly owned 57,972 shares in the company, valued at approximately $5,739,228. The trade was a 41.60% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frank C. Herringer sold 2,520 shares of Charles Schwab stock in a transaction dated Tuesday, April 28th. The stock was 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 in the company, valued at approximately $16,082,224.80. The trade was a 1.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 126,924 shares of company stock valued at $12,268,634. 6.30% of the stock is owned by corporate insiders.

Analyst Ratings Changes

SCHW has been the topic of several analyst reports. Wolfe Research set a $120.00 price target on Charles Schwab in a research report on Monday, January 12th. Weiss Ratings raised Charles Schwab from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 23rd. Truist Financial cut their price target on Charles Schwab from $122.00 to $120.00 and set a “buy” rating on the stock in a research report on Wednesday, April 1st. Morgan Stanley cut their price target on Charles Schwab from $135.00 to $125.00 and set an “overweight” rating on the stock in a research report on Friday, April 17th. Finally, Keefe, Bruyette & Woods assumed coverage on Charles Schwab in a research report on Wednesday, April 8th. They set an “outperform” rating and a $110.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $114.00.

Charles Schwab 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.