AustralianSuper Pty Ltd Sells 202,060 Shares of The Charles Schwab Corporation $SCHW

AustralianSuper Pty Ltd cut its position in shares of The Charles Schwab Corporation (NYSE:SCHW) by 15.8% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,074,510 shares of the financial services provider’s stock after selling 202,060 shares during the quarter. AustralianSuper Pty Ltd’s holdings in Charles Schwab were worth $102,583,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in SCHW. Princeton Global Asset Management LLC bought a new position in shares of Charles Schwab in the 2nd quarter worth about $25,000. RMG Wealth Management LLC purchased a new stake in Charles Schwab in the second quarter worth about $27,000. West Branch Capital LLC bought a new position in shares of Charles Schwab during the third quarter valued at approximately $27,000. Hoese & Co LLP lifted its holdings in shares of Charles Schwab by 131.6% during the second quarter. Hoese & Co LLP now owns 352 shares of the financial services provider’s stock valued at $32,000 after purchasing an additional 200 shares during the last quarter. Finally, Mid American Wealth Advisory Group Inc. bought a new stake in shares of Charles Schwab in the 2nd quarter worth approximately $32,000. Institutional investors own 84.38% of the company’s stock.

Wall Street Analyst Weigh In

SCHW has been the subject of a number of analyst reports. UBS Group raised their price objective on Charles Schwab from $123.00 to $125.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. The Goldman Sachs Group restated a “buy” rating and set a $114.00 price target on shares of Charles Schwab in a report on Friday, October 17th. Citigroup reaffirmed a “market outperform” rating on shares of Charles Schwab in a research report on Monday, January 12th. BMO Capital Markets assumed coverage on shares of Charles Schwab in a research note on Friday, October 3rd. They set an “outperform” rating and a $110.00 price objective for the company. Finally, Morgan Stanley lifted their target price on shares of Charles Schwab from $139.00 to $148.00 and gave the stock an “overweight” rating in a report on Monday, December 22nd. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $115.65.

Charles Schwab Price Performance

NYSE SCHW opened at $103.49 on Thursday. The Charles Schwab Corporation has a one year low of $65.88 and a one year high of $105.81. The stock has a 50-day moving average of $98.50 and a 200 day moving average of $96.13. 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 company has a market capitalization of $183.90 billion, a price-to-earnings ratio of 22.21, a PEG ratio of 0.84 and a beta of 0.94.

Charles Schwab (NYSE:SCHW) last announced its quarterly earnings results on Wednesday, January 21st. The financial services provider reported $1.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.32 by $0.07. Charles Schwab had a net margin of 37.01% and a return on equity of 22.07%. The firm had revenue of $6.34 billion for the quarter, compared to the consensus estimate of $6.19 billion. During the same quarter last year, the firm posted $1.01 EPS. The business’s quarterly revenue was up 18.9% compared to the same quarter last year. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. On average, sell-side analysts forecast that The Charles Schwab Corporation will post 4.22 EPS for the current year.

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 on Thursday, January 22nd. The shares were sold at an average price of $105.00, for a total transaction of $210,000.00. Following the completion of the sale, the insider directly owned 21,768 shares in the company, valued at approximately $2,285,640. The trade was a 8.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last ninety days, insiders have sold 7,072 shares of company stock valued at $715,076. Insiders own 6.30% of the company’s stock.

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.