Ibex Wealth Advisors Acquires 6,262 Shares of The Charles Schwab Corporation $SCHW

Ibex Wealth Advisors grew its holdings in shares of The Charles Schwab Corporation (NYSE:SCHW) by 11.8% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 59,355 shares of the financial services provider’s stock after acquiring an additional 6,262 shares during the quarter. Ibex Wealth Advisors’ holdings in Charles Schwab were worth $5,578,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Munich Reinsurance Co Stock Corp in Munich boosted its stake in shares of Charles Schwab by 41.0% in the 1st quarter. Munich Reinsurance Co Stock Corp in Munich now owns 145,410 shares of the financial services provider’s stock valued at $13,666,000 after purchasing an additional 42,247 shares in the last quarter. Seelaus Asset Management LLC purchased a new position in Charles Schwab in the 1st quarter worth $204,000. Stenger Family Office LLC raised its position in Charles Schwab by 7.2% in the 1st quarter. Stenger Family Office LLC now owns 32,790 shares of the financial services provider’s stock worth $3,082,000 after purchasing an additional 2,212 shares during the period. Duncker Streett & Co. Inc. lifted its stake in Charles Schwab by 918.9% in the first quarter. Duncker Streett & Co. Inc. now owns 540 shares of the financial services provider’s stock worth $51,000 after purchasing an additional 487 shares during the last quarter. Finally, WealthPLAN Partners LLC lifted its stake in Charles Schwab by 16.7% in the first quarter. WealthPLAN Partners LLC now owns 6,115 shares of the financial services provider’s stock worth $575,000 after purchasing an additional 877 shares during the last quarter. 84.38% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Charles Schwab news, insider Paul V. Woolway sold 7,942 shares of the business’s stock in a transaction on Tuesday, April 14th. The shares were sold at an average price of $98.00, for a total transaction of $778,316.00. Following the transaction, the insider directly owned 29,866 shares of the company’s stock, valued at approximately $2,926,868. The trade was a 21.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jonathan S. Beatty sold 2,000 shares of the company’s stock in a transaction on Monday, July 6th. The stock was sold at an average price of $100.01, for a total transaction of $200,020.00. Following the completion of the transaction, the insider owned 13,738 shares of the company’s stock, valued at $1,373,937.38. This trade represents a 12.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 63,700 shares of company stock worth $6,283,211 in the last ninety days. Insiders own 6.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on SCHW shares. UBS Group upped their price target on shares of Charles Schwab from $119.00 to $122.00 and gave the company a “buy” rating in a research report on Wednesday. Argus set a $108.00 target price on Charles Schwab in a research note on Monday, April 20th. Piper Sandler increased their target price on Charles Schwab from $103.00 to $105.00 and gave the company a “neutral” rating in a report on Friday, May 15th. TD Cowen increased their target price on Charles Schwab from $108.00 to $109.00 and gave the company a “buy” rating in a report on Friday, May 15th. Finally, 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 report on Friday, May 15th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $115.89.

Charles Schwab News Summary

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

• Positive Sentiment: Barclays kept an Overweight rating on Charles Schwab while only trimming its price target to $122 from $127, implying meaningful upside from current levels and signaling continued analyst confidence. Article Title
• Positive Sentiment: Charles Schwab is expanding its digital assets team ahead of a planned crypto trading rollout, a move that could open a new revenue stream and strengthen its long-term competitive position. Article Title
• Positive Sentiment: Brokerage coverage remains broadly supportive, with Charles Schwab receiving an average “Moderate Buy” rating from analysts, reinforcing expectations for steady fundamentals. Article Title
• Neutral Sentiment: Schwab strategists warned that the era of easy index gains may be over, reflecting a more volatile market backdrop that could change trading and investing behavior, but the direct impact on Schwab’s earnings is unclear. Article Title
• Neutral Sentiment: A Wall Street Journal story about a Schwab account tied to the Trumps highlighted an automated trading spree after a legal win, but it appears more headline-driven than financially material to the company. Article Title
• Neutral Sentiment: News that a Schwab executive sold 2,000 shares is worth noting, but the sale is too small to signal a meaningful shift in insider sentiment on its own. Article Title

Charles Schwab Stock Up 0.2%

NYSE SCHW opened at $101.92 on Friday. The Charles Schwab Corporation has a 1 year low of $83.96 and a 1 year high of $107.50. The stock has a market capitalization of $177.25 billion, a PE ratio of 20.22, a PEG ratio of 0.93 and a beta of 0.77. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.62 and a quick ratio of 0.62. The business’s 50-day moving average is $91.40 and its 200 day moving average is $95.29.

Charles Schwab (NYSE:SCHW) last released its quarterly earnings results 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. Charles Schwab had a return on equity of 23.05% and a net margin of 37.99%.The business had revenue of $6.48 billion during the quarter, compared to analyst estimates of $6.39 billion. During the same quarter in the prior year, the company posted $1.04 EPS. Charles Schwab’s quarterly revenue was up 15.8% compared to the same quarter last year. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. Sell-side analysts forecast that The Charles Schwab Corporation will post 6.14 earnings per share for the current year.

Charles Schwab Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Stockholders of record on Friday, May 8th were paid a dividend of $0.32 per share. The ex-dividend date of this dividend was Friday, May 8th. This represents a $1.28 annualized dividend and a dividend yield of 1.3%. Charles Schwab’s payout ratio is 25.40%.

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.