First American Trust FSB Invests $982,000 in The Charles Schwab Corporation $SCHW

First American Trust FSB purchased a new position in The Charles Schwab Corporation (NYSE:SCHW) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,834 shares of the financial services provider’s stock, valued at approximately $982,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of SCHW. Dogwood Wealth Management LLC lifted its holdings in shares of Charles Schwab by 99.2% in the fourth quarter. Dogwood Wealth Management LLC now owns 247 shares of the financial services provider’s stock worth $25,000 after buying an additional 123 shares in the last quarter. Piscataqua Savings Bank purchased a new stake in shares of Charles Schwab in the fourth quarter worth about $26,000. GoalVest Advisory LLC purchased a new stake in shares of Charles Schwab in the fourth quarter worth about $28,000. Beacon Financial Strategies CORP purchased a new stake in Charles Schwab in the fourth quarter valued at approximately $29,000. Finally, Optima Capital LLC purchased a new stake in Charles Schwab in the fourth quarter valued at approximately $30,000. 84.38% of the stock is owned by hedge funds and other institutional investors.

Charles Schwab Trading Up 0.5%

SCHW stock opened at $89.21 on Thursday. The company has a market capitalization of $155.14 billion, a PE ratio of 17.70, a price-to-earnings-growth ratio of 0.84 and a beta of 0.77. The Charles Schwab Corporation has a one year low of $83.96 and a one year high of $107.50. The company’s 50 day moving average price is $91.18 and its two-hundred day moving average price is $95.30. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.62 and a current ratio of 0.62.

Charles Schwab (NYSE:SCHW) last posted its quarterly earnings results on Thursday, April 16th. The financial services provider reported $1.43 EPS for the quarter, topping the consensus estimate 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 net margin of 37.99% and a return on equity of 23.05%. The business’s revenue was up 15.8% compared to the same quarter last year. During the same period last year, the firm posted $1.04 earnings per share. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. As a group, analysts predict that The Charles Schwab Corporation will post 6.12 earnings per share for the current fiscal year.

Charles Schwab Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Stockholders of record on Friday, May 8th were issued a $0.32 dividend. The ex-dividend date was Friday, May 8th. This represents a $1.28 annualized dividend and a dividend yield of 1.4%. Charles Schwab’s dividend payout ratio (DPR) is currently 25.40%.

Insider Transactions at Charles Schwab

In other news, insider Paul V. Woolway sold 7,942 shares of the firm’s stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $98.00, for a total value of $778,316.00. Following the transaction, the insider owned 29,866 shares in the company, valued at approximately $2,926,868. This trade represents a 21.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 transaction of $4,088,403.00. Following the completion of the transaction, the insider owned 57,972 shares in the company, valued at $5,739,228. This represents a 41.60% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 59,700 shares of company stock worth $5,889,131. Insiders own 6.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. TD Cowen raised their target price on shares of Charles Schwab from $108.00 to $109.00 and gave the company a “buy” rating in a research note on Friday, May 15th. JPMorgan Chase & Co. raised their target price on shares of Charles Schwab from $128.00 to $131.00 and gave the company an “overweight” rating in a research note on Friday, April 17th. Keefe, Bruyette & Woods assumed coverage on shares of Charles Schwab in a research note on Wednesday, April 8th. They issued an “outperform” rating and a $110.00 target price on the stock. Barclays raised their target price on shares of Charles Schwab from $117.00 to $127.00 and gave the company an “overweight” rating in a research note on Friday, May 15th. Finally, Piper Sandler raised their target price on shares of Charles Schwab from $103.00 to $105.00 and gave the company a “neutral” rating in a research note on Friday, May 15th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $116.00.

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.