The Charles Schwab Corporation $SCHW Position Increased by Trajan Wealth LLC

Trajan Wealth LLC boosted its position in shares of The Charles Schwab Corporation (NYSE:SCHW) by 29.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 111,673 shares of the financial services provider’s stock after purchasing an additional 25,358 shares during the period. Trajan Wealth LLC’s holdings in Charles Schwab were worth $10,661,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of SCHW. Federated Hermes Inc. boosted its stake in shares of Charles Schwab by 2,112.7% during the 2nd quarter. Federated Hermes Inc. now owns 181,793 shares of the financial services provider’s stock worth $16,587,000 after acquiring an additional 173,577 shares in the last quarter. First National Trust Co lifted its holdings in Charles Schwab by 82.2% in the 3rd quarter. First National Trust Co now owns 89,224 shares of the financial services provider’s stock worth $8,518,000 after purchasing an additional 40,257 shares during the last quarter. AE Wealth Management LLC lifted its holdings in Charles Schwab by 131.0% in the 3rd quarter. AE Wealth Management LLC now owns 99,832 shares of the financial services provider’s stock worth $9,531,000 after purchasing an additional 56,609 shares during the last quarter. W.H. Cornerstone Investments Inc. bought a new stake in Charles Schwab during the second quarter worth approximately $246,000. Finally, Optimize Financial Inc acquired a new position in Charles Schwab during the third quarter valued at approximately $467,000. 84.38% of the stock is owned by institutional investors and hedge funds.

Charles Schwab Stock Up 0.1%

NYSE SCHW opened at $93.97 on Monday. The Charles Schwab Corporation has a twelve month low of $65.88 and a twelve month high of $107.50. The stock has a market cap of $166.98 billion, a PE ratio of 20.17, a PEG ratio of 0.76 and a beta of 0.94. The firm has a 50-day simple moving average of $100.57 and a 200 day simple moving average of $96.56. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.58 and a current ratio of 0.58.

Charles Schwab (NYSE:SCHW) last issued its quarterly earnings results on Wednesday, January 21st. The financial services provider reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.07. The firm had revenue of $6.34 billion for the quarter, compared to analyst estimates of $6.19 billion. Charles Schwab had a return on equity of 22.07% and a net margin of 37.01%.The company’s quarterly revenue was up 18.9% compared to the same quarter last year. During the same period in the previous year, the company posted $1.01 earnings per share. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. On average, research analysts forecast that The Charles Schwab Corporation will post 4.22 EPS for the current year.

Charles Schwab Increases Dividend

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

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Wolfe Research set a $120.00 price objective on shares of Charles Schwab in a report on Monday, January 12th. Barclays upped their price target on shares of Charles Schwab from $125.00 to $126.00 and gave the company an “overweight” rating in a report on Monday, January 26th. Raymond James Financial reiterated an “outperform” rating and issued a $114.00 price objective on shares of Charles Schwab in a research note on Monday, January 5th. Bank of America boosted their price objective on Charles Schwab from $88.00 to $91.00 and gave the stock an “underperform” rating in a research report on Wednesday, December 10th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Charles Schwab in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $115.95.

Insider Transactions at Charles Schwab

In other news, General Counsel Peter J. Morgan III sold 7,595 shares of the stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $104.38, for a total value of $792,766.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman Walter W. Bettinger sold 162,462 shares of Charles Schwab stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $103.90, for a total transaction of $16,879,801.80. Following the sale, the chairman owned 529,346 shares in the company, valued at approximately $54,999,049.40. This trade represents a 23.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 348,344 shares of company stock valued at $36,259,555 in the last ninety days. 6.30% of the stock is owned by company insiders.

About Charles Schwab

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.