Charles Schwab (NYSE:SCHW) Insider Dennis Howard Sells 28,000 Shares of Stock

The Charles Schwab Corporation (NYSE:SCHW) insider Dennis Howard sold 28,000 shares of the company’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $105.01, for a total transaction of $2,940,280.00. Following the completion of the transaction, the insider owned 10,470 shares in the company, valued at approximately $1,099,454.70. This trade represents a 72.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Charles Schwab Stock Performance

Shares of NYSE SCHW opened at $104.42 on Friday. The company has a 50-day simple moving average of $95.03 and a 200-day simple moving average of $95.42. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.62 and a quick ratio of 0.62. The company has a market cap of $181.61 billion, a PE ratio of 18.99, a price-to-earnings-growth ratio of 0.80 and a beta of 0.77. The Charles Schwab Corporation has a 12 month low of $83.96 and a 12 month high of $107.50.

Charles Schwab (NYSE:SCHW) last announced its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $1.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.56 by $0.06. Charles Schwab had a net margin of 38.79% and a return on equity of 24.73%. The business had revenue of $7.07 billion for the quarter, compared to the consensus estimate of $6.90 billion. During the same quarter in the prior year, the firm posted $1.14 earnings per share. The company’s quarterly revenue was up 20.9% compared to the same quarter last year. On average, equities analysts anticipate that The Charles Schwab Corporation will post 6.46 earnings per share for the current year.

Charles Schwab Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be issued a dividend of $0.32 per share. The ex-dividend date is Friday, August 14th. This represents a $1.28 annualized dividend and a dividend yield of 1.2%. Charles Schwab’s dividend payout ratio (DPR) is 23.27%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on SCHW. Wolfe Research reissued an “outperform” rating and issued a $127.00 price target on shares of Charles Schwab in a research note on Tuesday, July 21st. Morgan Stanley increased their price objective on shares of Charles Schwab from $133.00 to $136.00 and gave the stock an “overweight” rating in a report on Monday. BMO Capital Markets cut shares of Charles Schwab from an “outperform” rating to a “market perform” rating and set a $105.00 target price on the stock. in a research report on Monday, July 20th. UBS Group boosted their target price on shares of Charles Schwab from $122.00 to $128.00 and gave the company a “buy” rating in a report on Wednesday, July 22nd. Finally, Barclays upped their price target on shares of Charles Schwab from $122.00 to $125.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Charles Schwab presently has a consensus rating of “Moderate Buy” and a consensus target price of $119.94.

Charles Schwab News Summary

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

• Positive Sentiment: Shareholder returns remain a major catalyst: Schwab reportedly plans to repurchase up to $20 billion of its shares. The buyback could reduce the share count, lift future EPS and signal confidence in the company’s valuation and cash generation. The company also confirmed a quarterly dividend of $0.32 per share, or $1.28 annualized. Charles Schwab to buy back $20 billion of stock
• Positive Sentiment: Strong earnings momentum: Schwab’s latest quarter exceeded expectations, with EPS of $1.62 versus the $1.56 consensus and revenue of $7.07 billion versus $6.90 billion. Revenue increased 20.9% year over year, reinforcing the growth case for the brokerage and wealth-management business. Charles Schwab earnings, buybacks and dividends analysis
• Positive Sentiment: Estimates and technical sentiment improved: Erste Group raised its FY2026 EPS forecast to $6.50 from $6.34 and its FY2027 forecast to $7.85 from $7.64. Commentary also points to a potential breakout and improving retail-investor bullishness, which could support trading activity and brokerage revenue. Schwab stock breakout analysis
• Positive Sentiment: New Austin-area office: Schwab announced a new office location in the Austin region, supporting its client-service and regional growth footprint, though the near-term financial impact is likely limited. Charles Schwab announces new Austin office
• Neutral Sentiment: Robo-adviser shutdown: Schwab is reportedly phasing out its robo-adviser platform. The decision could reduce expenses and sharpen focus on core offerings, but may weaken its appeal to younger, digitally focused investors. Why Charles Schwab is phasing out its robo-adviser
• Negative Sentiment: Large insider sales may weigh on sentiment: Chairman Walter Bettinger sold roughly $29.8 million of shares, while Nigel Murtagh sold approximately $3.4 million and Jonathan Beatty sold about $208,000. The trades were conducted under Rule 10b5-1 plans, making them weaker bearish signals, but their size could encourage profit-taking after SCHW’s recent advance.

Hedge Funds Weigh In On Charles Schwab

Several hedge funds and other institutional investors have recently modified their holdings of the company. Trust Asset Management LLC grew its stake in Charles Schwab by 9.5% during the second quarter. Trust Asset Management LLC now owns 18,377 shares of the financial services provider’s stock worth $1,696,000 after buying an additional 1,596 shares during the period. Whitener Capital Management Inc. lifted its stake in shares of Charles Schwab by 17.0% during the second quarter. Whitener Capital Management Inc. now owns 24,877 shares of the financial services provider’s stock worth $2,295,000 after purchasing an additional 3,608 shares in the last quarter. Tema ETFs LLC boosted its position in shares of Charles Schwab by 10.6% in the second quarter. Tema ETFs LLC now owns 31,695 shares of the financial services provider’s stock worth $2,924,000 after buying an additional 3,045 shares during the period. Lederer & Associates Investment Counsel CA purchased a new stake in shares of Charles Schwab during the 2nd quarter valued at about $1,624,000. Finally, Peoples Bank KS raised its holdings in shares of Charles Schwab by 2.7% during the 2nd quarter. Peoples Bank KS now owns 4,331 shares of the financial services provider’s stock valued at $400,000 after buying an additional 113 shares during the period. 84.38% of the stock is owned by institutional investors and hedge funds.

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.