Rep. Dan Newhouse Buys The Charles Schwab Corporation (NYSE:SCHW) Stock

Representative Dan Newhouse (R-Washington) recently bought shares of The Charles Schwab Corporation (NYSE:SCHW). In a filing disclosed on January 15th, the Representative disclosed that they had bought between $1,001 and $15,000 in Charles Schwab stock on December 11th. The trade occurred in the Representative’s “EDWARD JONES IRA” account.

Representative Dan Newhouse also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Royal Caribbean Cruises (NYSE:RCL) on 12/31/2025.
• Purchased $1,001 – $15,000 in shares of Broadridge Financial Solutions (NYSE:BR) on 12/31/2025.
• Purchased $1,001 – $15,000 in shares of Synopsys (NASDAQ:SNPS) on 12/31/2025.
• Sold $1,001 – $15,000 in shares of Brown & Brown (NYSE:BRO) on 12/11/2025.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 12/11/2025.
• Purchased $1,001 – $15,000 in shares of T-Mobile US (NASDAQ:TMUS) on 12/11/2025.
• Purchased $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 12/11/2025.
• Purchased $1,001 – $15,000 in shares of Textron (NYSE:TXT) on 12/11/2025.
• Sold $1,001 – $15,000 in shares of Magna International (NYSE:MGA) on 12/11/2025.
• Sold $1,001 – $15,000 in shares of Truist Financial (NYSE:TFC) on 12/11/2025.

Charles Schwab Price Performance

Shares of Charles Schwab stock opened at $103.83 on Monday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.58 and a current ratio of 0.58. The Charles Schwab Corporation has a 52-week low of $65.88 and a 52-week high of $104.98. The company has a fifty day moving average of $97.15 and a 200-day moving average of $95.55. The stock has a market capitalization of $184.50 billion, a price-to-earnings ratio of 24.32, a price-to-earnings-growth ratio of 0.71 and a beta of 0.94.

Charles Schwab (NYSE:SCHW) last posted its quarterly earnings results on Thursday, October 16th. The financial services provider reported $1.31 earnings per share for the quarter, topping the consensus estimate of $1.25 by $0.06. Charles Schwab had a net margin of 35.93% and a return on equity of 21.02%. The business had revenue of $6.38 billion during the quarter, compared to the consensus estimate of $5.93 billion. During the same period in the previous year, the firm posted $0.71 earnings per share. The firm’s revenue for the quarter was up 26.6% on a year-over-year basis. Equities research analysts expect that The Charles Schwab Corporation will post 4.22 EPS for the current year.

Charles Schwab Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 28th. Stockholders of record on Friday, November 14th were paid a $0.27 dividend. The ex-dividend date of this dividend was Friday, November 14th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.0%. Charles Schwab’s dividend payout ratio is 25.29%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on SCHW shares. The Goldman Sachs Group reissued a “buy” rating and issued a $114.00 target price on shares of Charles Schwab in a research note on Friday, October 17th. Cowen reaffirmed a “buy” rating on shares of Charles Schwab in a research note on Wednesday. TD Cowen increased their price objective on Charles Schwab from $134.00 to $135.00 and gave the company a “buy” rating in a research note on Wednesday, January 14th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Charles Schwab from $119.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, October 17th. Finally, UBS Group upped their price target on shares of Charles Schwab from $119.00 to $123.00 and gave the company a “buy” rating in a report on Wednesday, January 7th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $114.45.

Hedge Funds Weigh In On Charles Schwab

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Brighton Jones LLC increased its stake in Charles Schwab by 380.5% during the 4th quarter. Brighton Jones LLC now owns 24,240 shares of the financial services provider’s stock valued at $1,794,000 after purchasing an additional 19,195 shares in the last quarter. Acadian Asset Management LLC lifted its stake in shares of Charles Schwab by 1,674.4% during the first quarter. Acadian Asset Management LLC now owns 16,200 shares of the financial services provider’s stock worth $1,265,000 after buying an additional 15,287 shares during the period. Everpar Advisors LLC grew its holdings in shares of Charles Schwab by 8.3% during the second quarter. Everpar Advisors LLC now owns 3,268 shares of the financial services provider’s stock valued at $298,000 after buying an additional 251 shares during the last quarter. MassMutual Private Wealth & Trust FSB increased its position in shares of Charles Schwab by 7.6% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 6,536 shares of the financial services provider’s stock valued at $596,000 after acquiring an additional 460 shares during the period. Finally, Triumph Capital Management raised its stake in Charles Schwab by 6.9% in the 2nd quarter. Triumph Capital Management now owns 3,897 shares of the financial services provider’s stock worth $356,000 after acquiring an additional 250 shares during the last quarter. Hedge funds and other institutional investors own 84.38% of the company’s stock.

Insider Buying and Selling

In other Charles Schwab news, insider Jonathan S. Beatty sold 2,000 shares of the business’s stock in a transaction dated Tuesday, December 23rd. The stock was sold at an average price of $102.01, for a total transaction of $204,020.00. Following the sale, the insider owned 11,923 shares in the company, valued at approximately $1,216,265.23. The trade was a 14.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 6.30% of the company’s stock.

About Representative Newhouse

Dan Newhouse (Republican Party) is a member of the U.S. House, representing Washington’s 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Newhouse (Republican Party) ran for re-election to the U.S. House to represent Washington’s 4th Congressional District. He won in the general election on November 5, 2024.

Click here to see Newhouse’s key votes in Congress.

Newhouse served as a member of the Washington House of Representatives representing District 15-Position 2 from 2003 through 2009 and as Washington Director of Agriculture from 2009 to 2013.

Newhouse was first elected to the state House in 2002 and served until he was named state Director of Agriculture in 2009. He was first appointed by Governor Christine Gregoire on February 18, 2009.

About Charles Schwab

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.