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

First American Trust FSB purchased a new stake in The Charles Schwab Corporation (NYSE:SCHW) during the 4th quarter, HoldingsChannel reports. The firm purchased 9,834 shares of the financial services provider’s stock, valued at approximately $982,000.

Several other large investors have also added to or reduced their stakes in the stock. Capital Analysts LLC boosted its holdings in Charles Schwab by 3.7% in the fourth quarter. Capital Analysts LLC now owns 54,869 shares of the financial services provider’s stock valued at $5,482,000 after acquiring an additional 1,953 shares in the last quarter. Paragon Private Wealth Management LLC boosted its holdings in Charles Schwab by 22.4% in the fourth quarter. Paragon Private Wealth Management LLC now owns 14,843 shares of the financial services provider’s stock valued at $1,483,000 after acquiring an additional 2,717 shares in the last quarter. Portfolio Design Labs LLC boosted its holdings in Charles Schwab by 3.6% in the fourth quarter. Portfolio Design Labs LLC now owns 15,689 shares of the financial services provider’s stock valued at $1,568,000 after acquiring an additional 545 shares in the last quarter. Alteri Wealth LLC bought a new stake in Charles Schwab in the fourth quarter valued at $204,000. Finally, Pettyjohn Wood & White Inc. boosted its holdings in Charles Schwab by 2.8% in the fourth quarter. Pettyjohn Wood & White Inc. now owns 26,451 shares of the financial services provider’s stock valued at $2,643,000 after acquiring an additional 723 shares in the last quarter. Institutional investors own 84.38% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. UBS Group cut their price target on shares of Charles Schwab from $125.00 to $119.00 and set a “buy” rating on the stock in a report on Wednesday, April 8th. Argus set a $108.00 price target on shares of Charles Schwab in a report on Monday, April 20th. Barclays lifted their price target on shares of Charles Schwab from $117.00 to $127.00 and gave the company an “overweight” rating in a report on Friday, May 15th. Weiss Ratings raised Charles Schwab from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 23rd. Finally, Raymond James Financial boosted their target price on shares of Charles Schwab from $126.00 to $137.00 and gave the company an “outperform” rating in a report on Friday, May 15th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $116.00.

Insider Buying and Selling

In related news, Director Frank C. Herringer sold 2,520 shares of the company’s stock in a transaction dated Tuesday, April 28th. The shares were sold at an average price of $90.60, for a total value of $228,312.00. Following the transaction, the director owned 177,508 shares in the company, valued at $16,082,224.80. The trade was a 1.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Nigel J. Murtagh sold 41,297 shares of the company’s stock in a transaction dated 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 approximately $5,739,228. The trade was 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. Insiders have sold a total of 59,700 shares of company stock worth $5,889,131 in the last quarter. Corporate insiders own 6.30% of the company’s stock.

Charles Schwab Stock Performance

Shares of Charles Schwab stock opened at $89.21 on Thursday. The stock has a market cap of $155.14 billion, a price-to-earnings ratio of 17.70, a PEG ratio of 0.84 and a beta of 0.77. The firm’s 50-day moving average is $91.18 and its 200 day moving average is $95.30. The Charles Schwab Corporation has a 1 year low of $83.96 and a 1 year high of $107.50. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.62 and a quick ratio of 0.62.

Charles Schwab (NYSE:SCHW) last announced its quarterly earnings results on Thursday, April 16th. The financial services provider reported $1.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.39 by $0.04. The company had revenue of $6.48 billion for the quarter, compared to analysts’ expectations of $6.39 billion. Charles Schwab had a net margin of 37.99% and a return on equity of 23.05%. Charles Schwab’s revenue was up 15.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.04 EPS. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. Sell-side analysts anticipate that The Charles Schwab Corporation will post 6.12 EPS for the current fiscal year.

Charles Schwab Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Friday, May 8th were paid a $0.32 dividend. The ex-dividend date was Friday, May 8th. This represents a $1.28 dividend on an annualized basis and a yield of 1.4%. Charles Schwab’s payout ratio is presently 25.40%.

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.