Northwestern Mutual Wealth Management Co. Purchases 9,559 Shares of The Charles Schwab Corporation $SCHW

Northwestern Mutual Wealth Management Co. grew its position in The Charles Schwab Corporation (NYSE:SCHW) by 6.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 166,787 shares of the financial services provider’s stock after purchasing an additional 9,559 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Charles Schwab were worth $16,664,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Ilmarinen Mutual Pension Insurance Co lifted its holdings in shares of Charles Schwab by 43.7% in the fourth quarter. Ilmarinen Mutual Pension Insurance Co now owns 338,471 shares of the financial services provider’s stock valued at $33,817,000 after purchasing an additional 103,000 shares in the last quarter. Intech Investment Management LLC lifted its holdings in shares of Charles Schwab by 56.1% in the fourth quarter. Intech Investment Management LLC now owns 471,408 shares of the financial services provider’s stock valued at $47,098,000 after purchasing an additional 169,372 shares in the last quarter. Baker Avenue Asset Management LP lifted its holdings in shares of Charles Schwab by 4.7% in the fourth quarter. Baker Avenue Asset Management LP now owns 121,647 shares of the financial services provider’s stock valued at $12,154,000 after purchasing an additional 5,418 shares in the last quarter. Godfrey Financial Associates Inc. bought a new stake in shares of Charles Schwab in the fourth quarter valued at about $72,000. Finally, IFG Advisory LLC lifted its holdings in shares of Charles Schwab by 0.8% in the fourth quarter. IFG Advisory LLC now owns 34,064 shares of the financial services provider’s stock valued at $3,403,000 after purchasing an additional 284 shares in the last quarter. 84.38% of the stock is currently owned by institutional investors.

Charles Schwab News Summary

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

• Positive Sentiment: Schwab’s advisor-services leadership said the firm’s expanding wealth advice business is not expected to “bump into” RIAs, easing concerns that growth in Schwab Wealth Advisory could create channel conflict. Schwab’s Beatty Says Expanding Wealth Advice Not at Risk of ‘Bumping Into’ RIAs
• Positive Sentiment: Ongoing expansion of Schwab Wealth Advisory from 20 to 30 markets suggests continued investment in the company’s higher-touch wealth management franchise, which could support revenue growth. Schwab’s Beatty Says Expanding Wealth Advice Not at Risk of ‘Bumping Into’ RIAs
• Neutral Sentiment: Charles Schwab is receiving broad media exposure from the Charles Schwab Challenge, including leaderboard updates, TV coverage, and payout stories, but these items are primarily event coverage rather than direct business news. Charles Schwab Challenge leaderboard, updates, scores, tee times
• Neutral Sentiment: Weather-related suspension of the golf tournament may affect event timing, but it is unlikely to have a meaningful direct impact on SCHW’s fundamentals. First Round of Charles Schwab Challenge Suspended Due to Severe Weather Threat
• Neutral Sentiment: Liz Ann Sonders’ warning against treating the market like a “casino” underscores Schwab’s investing-first messaging, but it is more of a market commentary than a direct earnings catalyst. Charles Schwab’s Liz Ann Sonders warns against treating the market like a ‘casino’

Analyst Upgrades and Downgrades

A number of analysts have recently commented on SCHW shares. 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 report on Friday, April 17th. Truist Financial lowered their target price 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. TD Cowen lifted their target price on Charles Schwab from $108.00 to $109.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Keefe, Bruyette & Woods started coverage on Charles Schwab in a research report on Wednesday, April 8th. They issued an “outperform” rating and a $110.00 target price on the stock. Finally, UBS Group lowered their target price on Charles Schwab from $125.00 to $119.00 and set a “buy” rating on the stock in a research report on Wednesday, April 8th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $114.30.

Charles Schwab Price Performance

NYSE:SCHW opened at $87.33 on Monday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.62 and a current ratio of 0.62. The stock’s 50-day simple moving average is $92.15 and its 200 day simple moving average is $95.61. The company has a market cap of $151.88 billion, a P/E ratio of 17.33, a P/E/G ratio of 0.82 and a beta of 0.78. The Charles Schwab Corporation has a 52-week low of $83.96 and a 52-week high of $107.50.

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, topping analysts’ consensus estimates of $1.39 by $0.04. The firm had revenue of $6.48 billion for the quarter, compared to the consensus estimate of $6.39 billion. Charles Schwab had a return on equity of 23.05% and a net margin of 37.99%.The business’s revenue was up 15.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.04 earnings per share. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. As a group, sell-side analysts forecast that The Charles Schwab Corporation will post 6.12 EPS for the current fiscal year.

Charles Schwab Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Friday, May 8th were given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Friday, May 8th. Charles Schwab’s payout ratio is 25.40%.

Insiders Place Their Bets

In other Charles Schwab news, Director Frank C. Herringer sold 2,520 shares of the business’s stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $90.60, for a total transaction of $228,312.00. Following the transaction, the director owned 177,508 shares of the company’s stock, valued at $16,082,224.80. The trade was a 1.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Paul V. Woolway sold 7,942 shares of the business’s stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $98.00, for a total value of $778,316.00. Following the transaction, the insider directly owned 29,866 shares in the company, valued at approximately $2,926,868. This trade represents a 21.01% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 83,137 shares of company stock worth $8,106,404 in the last three months. 6.30% of the stock is owned by corporate insiders.

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.