Crossmark Global Holdings Inc. Buys 58,450 Shares of The Charles Schwab Corporation $SCHW

Crossmark Global Holdings Inc. boosted its stake in The Charles Schwab Corporation (NYSE:SCHW) by 18.7% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 370,337 shares of the financial services provider’s stock after buying an additional 58,450 shares during the period. Charles Schwab accounts for approximately 0.5% of Crossmark Global Holdings Inc.’s holdings, making the stock its 29th largest position. Crossmark Global Holdings Inc.’s holdings in Charles Schwab were worth $35,356,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. West Branch Capital LLC acquired a new stake in shares of Charles Schwab in the 3rd quarter valued at $27,000. Redmont Wealth Advisors LLC acquired a new stake in shares of Charles Schwab during the 3rd quarter worth about $34,000. Evelyn Partners Asset Management Ltd acquired a new position in Charles Schwab in the second quarter valued at about $33,000. Howard Hughes Medical Institute acquired a new position in Charles Schwab in the second quarter valued at about $34,000. Finally, Steph & Co. grew its stake in Charles Schwab by 74.7% during the third quarter. Steph & Co. now owns 386 shares of the financial services provider’s stock worth $37,000 after buying an additional 165 shares during the last quarter. 84.38% of the stock is currently owned by institutional investors and hedge funds.

Charles Schwab Stock Up 0.8%

NYSE:SCHW opened at $96.04 on Thursday. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 0.52. The Charles Schwab Corporation has a 12-month low of $65.88 and a 12-month high of $107.50. The stock’s fifty day simple moving average is $100.01 and its 200-day simple moving average is $96.46. The firm has a market capitalization of $168.28 billion, a P/E ratio of 20.61, a P/E/G ratio of 0.77 and a beta of 0.93.

Charles Schwab (NYSE:SCHW) last released its earnings results on Wednesday, January 21st. The financial services provider reported $1.39 earnings per share for the quarter, beating the consensus estimate of $1.32 by $0.07. Charles Schwab had a return on equity of 21.97% and a net margin of 37.01%.The firm had revenue of $6.34 billion for the quarter, compared to analyst estimates of $6.19 billion. During the same quarter in the prior year, the firm posted $1.01 earnings per share. The company’s quarterly revenue was up 18.9% on a year-over-year basis. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. Equities research analysts expect that The Charles Schwab Corporation will post 4.22 earnings per share for the current year.

Charles Schwab Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 13th were issued a $0.32 dividend. This is a positive change from Charles Schwab’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend was Friday, February 13th. This represents a $1.28 annualized dividend and a dividend yield of 1.3%. Charles Schwab’s dividend payout ratio (DPR) is presently 27.47%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Charles Schwab in a report on Thursday, January 22nd. UBS Group increased their price objective on shares of Charles Schwab from $123.00 to $125.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Citigroup restated a “market outperform” rating on shares of Charles Schwab in a research report on Monday, January 12th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $131.00 target price on shares of Charles Schwab in a research report on Thursday, January 22nd. Finally, Wolfe Research set a $120.00 price target on shares of Charles Schwab in a report on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $115.95.

Insiders Place Their Bets

In other Charles Schwab news, General Counsel Peter J. Morgan III sold 7,595 shares of the business’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $104.38, for a total value of $792,766.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Dennis Howard sold 27,903 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $95.02, for a total value of $2,651,343.06. Following the completion of the transaction, the insider owned 10,470 shares of the company’s stock, valued at $994,859.40. This represents a 72.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 398,257 shares of company stock worth $41,001,365 over the last 90 days. 6.30% of the stock is currently owned by corporate insiders.

Key Charles Schwab News

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

• Positive Sentiment: Schwab completed its $660M, all‑cash acquisition of Forge Global, adding a private‑markets platform that expands access to pre‑IPO and alternative investments for retail, RIA and UHNW clients — supports fee diversification and cross‑sell potential. Schwab Completes Forge Global Buyout
• Positive Sentiment: Analyst and fundamentals support: brokers have raised targets and highlighted stronger net interest income prospects and solid Q4 results, underpinning earnings power as deposit mix and rates evolve. SCHW Projects Strong Net Interest Income Growth
• Positive Sentiment: Management engagement: Schwab scheduled an Institutional Investor Day for May 14, which could give management a forum to detail integration plans (Forge), capital allocation and longer‑term guidance — potential near‑term catalyst if new detail is provided. Schwab Announces Its Institutional Investor Day
• Neutral Sentiment: Market commentary: Liz Ann Sonders (Schwab) says the “momentum trade is rotation now,” offering macro context but not an immediate company‑specific catalyst. Momentum trade is rotation now, says Liz Ann Sonders
• Neutral Sentiment: Local expansion and branch/office moves (South Florida, SF presence) signal continued footprint growth; strategic but not immediately earnings‑accretive. Charles Schwab’s local leader talks South Florida expansion
• Negative Sentiment: AI disruption fears and social‑media driven selloff have pressured the stock recently, with commentary about AI platforms threatening traditional wealth management amplifying volatility and prompting some traders to sell. Opinions on AI Disruption Fears
• Negative Sentiment: Insider selling continues to draw attention: a recent sale by Paul Woolway (and other disclosed insider sales) is raising short‑term caution among some investors despite management saying sales are routine. Charles Schwab Insider Sells 6,126 Shares

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.