9,506 Shares in The Charles Schwab Corporation $SCHW Purchased by Avise Financial Cooperative Inc.

Avise Financial Cooperative Inc. acquired a new position in The Charles Schwab Corporation (NYSE:SCHW) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 9,506 shares of the financial services provider’s stock, valued at approximately $950,000. Charles Schwab makes up 0.9% of Avise Financial Cooperative Inc.’s portfolio, making the stock its 25th largest position.

Several other hedge funds have also recently bought and sold shares of the business. Vise Technologies Inc. raised its stake in shares of Charles Schwab by 47.0% during the 4th quarter. Vise Technologies Inc. now owns 31,083 shares of the financial services provider’s stock worth $3,105,000 after purchasing an additional 9,940 shares in the last quarter. Daiwa Securities Group Inc. raised its stake in shares of Charles Schwab by 0.9% during the 4th quarter. Daiwa Securities Group Inc. now owns 333,832 shares of the financial services provider’s stock worth $33,353,000 after purchasing an additional 3,132 shares in the last quarter. Verus Capital Partners LLC raised its stake in shares of Charles Schwab by 7.3% during the 4th quarter. Verus Capital Partners LLC now owns 3,141 shares of the financial services provider’s stock worth $314,000 after purchasing an additional 213 shares in the last quarter. Greenspring Advisors LLC purchased a new stake in shares of Charles Schwab during the 4th quarter worth about $349,000. Finally, Lido Advisors LLC raised its stake in shares of Charles Schwab by 0.7% during the 4th quarter. Lido Advisors LLC now owns 532,875 shares of the financial services provider’s stock worth $51,125,000 after purchasing an additional 3,627 shares in the last quarter. 84.38% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Raymond James Financial raised their price target on Charles Schwab from $126.00 to $137.00 and gave the stock an “outperform” rating in a research note on Friday, May 15th. TD Cowen raised their price target on Charles Schwab from $108.00 to $109.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. Barclays raised their price target on Charles Schwab from $117.00 to $127.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. Keefe, Bruyette & Woods assumed coverage on Charles Schwab in a research note on Wednesday, April 8th. They set an “outperform” rating and a $110.00 price target for the company. Finally, Argus set a $108.00 price target on Charles Schwab in a research note on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Charles Schwab currently has a consensus rating of “Moderate Buy” and an average price target of $114.30.

Charles Schwab Stock Performance

Shares of NYSE SCHW opened at $87.95 on Friday. 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 firm has a market cap of $152.96 billion, a price-to-earnings ratio of 17.45, a P/E/G ratio of 0.82 and a beta of 0.77. The business’s 50-day simple moving average is $91.58 and its 200-day simple moving average is $95.39. 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 issued its quarterly earnings data on Thursday, April 16th. The financial services provider reported $1.43 EPS for the quarter, beating analysts’ consensus estimates of $1.39 by $0.04. The business had revenue of $6.48 billion for the quarter, compared to analyst estimates of $6.39 billion. Charles Schwab had a return on equity of 23.05% and a net margin of 37.99%.The firm’s revenue for the quarter was up 15.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.04 EPS. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. As a group, equities research analysts expect that The Charles Schwab Corporation will post 6.12 earnings per share for the current fiscal year.

Charles Schwab Dividend Announcement

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

Insider Buying and Selling at Charles Schwab

In other Charles Schwab news, insider Nigel J. Murtagh sold 41,297 shares of the firm’s stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $99.00, for a total value of $4,088,403.00. Following the sale, the insider owned 57,972 shares of the company’s stock, valued at $5,739,228. This trade represents a 41.60% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Paul V. Woolway sold 7,941 shares of the firm’s stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $100.00, for a total value of $794,100.00. Following the completion of the sale, the insider directly owned 29,866 shares in the company, valued at $2,986,600. This trade represents a 21.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 59,700 shares of company stock valued at $5,889,131 in the last 90 days. 6.30% of the stock is currently owned by 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.