Delaney Dennis R Boosts Stock Holdings in The Charles Schwab Corporation $SCHW

Delaney Dennis R raised its position in shares of The Charles Schwab Corporation (NYSE:SCHW) by 58.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 19,765 shares of the financial services provider’s stock after purchasing an additional 7,265 shares during the period. Delaney Dennis R’s holdings in Charles Schwab were worth $1,887,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the company. Brighton Jones LLC raised its stake in Charles Schwab by 380.5% in the 4th quarter. Brighton Jones LLC now owns 24,240 shares of the financial services provider’s stock valued at $1,794,000 after acquiring an additional 19,195 shares during the period. Sivia Capital Partners LLC increased its stake in shares of Charles Schwab by 21.6% in the second quarter. Sivia Capital Partners LLC now owns 4,553 shares of the financial services provider’s stock worth $415,000 after purchasing an additional 809 shares in the last quarter. United Bank increased its stake in shares of Charles Schwab by 7.1% in the second quarter. United Bank now owns 16,053 shares of the financial services provider’s stock worth $1,465,000 after purchasing an additional 1,070 shares in the last quarter. Phoenix Financial Ltd. raised its position in shares of Charles Schwab by 21.2% in the second quarter. Phoenix Financial Ltd. now owns 5,819 shares of the financial services provider’s stock valued at $530,000 after purchasing an additional 1,019 shares during the period. Finally, Cullen Frost Bankers Inc. lifted its stake in shares of Charles Schwab by 12.0% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 11,037 shares of the financial services provider’s stock valued at $1,007,000 after buying an additional 1,183 shares in the last quarter. 84.38% of the stock is currently owned by institutional investors.

Insider Transactions at Charles Schwab

In other news, Director Christopher V. Dodds sold 11,825 shares of the stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $104.55, for a total transaction of $1,236,303.75. Following the transaction, the director directly owned 449,406 shares in the company, valued at approximately $46,985,397.30. This represents a 2.56% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jonathan S. Beatty sold 2,000 shares of the business’s stock in a transaction that occurred on Thursday, January 22nd. The stock was sold at an average price of $105.00, for a total value of $210,000.00. Following the completion of the sale, the insider owned 21,768 shares of the company’s stock, valued at $2,285,640. The trade was a 8.41% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 348,344 shares of company stock valued at $36,259,555 over the last 90 days. Company insiders own 6.30% of the company’s stock.

Charles Schwab Price Performance

SCHW stock opened at $93.85 on Friday. The firm has a 50 day simple moving average of $100.62 and a two-hundred day simple moving average of $96.58. The stock has a market cap of $166.77 billion, a PE ratio of 20.14, a P/E/G ratio of 0.77 and a beta of 0.94. The Charles Schwab Corporation has a one year low of $65.88 and a one year high of $107.50. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.58 and a quick ratio of 0.58.

Charles Schwab (NYSE:SCHW) last posted its quarterly earnings data on Wednesday, January 21st. The financial services provider reported $1.39 earnings per share for the quarter, beating the consensus estimate 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 analysts’ expectations of $6.19 billion. During the same quarter last year, the company posted $1.01 EPS. The business’s quarterly revenue was up 18.9% on a year-over-year basis. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. On average, analysts predict that The Charles Schwab Corporation will post 4.22 EPS for the current fiscal year.

Charles Schwab Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 13th will be issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Friday, February 13th. This is an increase from Charles Schwab’s previous quarterly dividend of $0.27. Charles Schwab’s dividend payout ratio (DPR) is currently 27.47%.

Analyst Ratings Changes

A number of brokerages have issued reports on SCHW. Truist Financial boosted their target price on shares of Charles Schwab from $120.00 to $122.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. Citizens Jmp boosted their price objective on Charles Schwab from $110.00 to $120.00 and gave the company a “market outperform” rating in a research note on Monday, January 12th. Morgan Stanley increased their price objective on Charles Schwab from $139.00 to $148.00 and gave the stock an “overweight” rating in a report on Monday, December 22nd. Raymond James Financial reaffirmed an “outperform” rating and set a $114.00 target price on shares of Charles Schwab in a report on Monday, January 5th. Finally, Barclays increased their price target on shares of Charles Schwab from $125.00 to $126.00 and gave the stock an “overweight” rating in a report on Monday, January 26th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Charles Schwab has a consensus rating of “Moderate Buy” and a consensus target price of $115.95.

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.