Aureus Asset Management LLC Decreases Stock Position in The Charles Schwab Corporation $SCHW

Aureus Asset Management LLC cut its holdings in shares of The Charles Schwab Corporation (NYSE:SCHW) by 1.0% during the fourth quarter, Holdings Channel reports. The fund owned 616,172 shares of the financial services provider’s stock after selling 5,999 shares during the period. Charles Schwab makes up about 3.9% of Aureus Asset Management LLC’s portfolio, making the stock its 5th biggest position. Aureus Asset Management LLC’s holdings in Charles Schwab were worth $61,562,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Dogwood Wealth Management LLC grew its position in Charles Schwab by 99.2% during the 4th quarter. Dogwood Wealth Management LLC now owns 247 shares of the financial services provider’s stock worth $25,000 after acquiring an additional 123 shares during the last quarter. Piscataqua Savings Bank bought a new stake in Charles Schwab during the 4th quarter worth approximately $26,000. GoalVest Advisory LLC bought a new stake in Charles Schwab during the 4th quarter worth approximately $28,000. Beacon Financial Strategies CORP bought a new stake in Charles Schwab during the 4th quarter worth approximately $29,000. Finally, Optima Capital LLC bought a new stake in Charles Schwab during the 4th quarter worth approximately $30,000. 84.38% of the stock is currently owned by institutional investors.

Charles Schwab Stock Up 1.0%

Shares of SCHW opened at $94.62 on Thursday. The firm has a market capitalization of $164.56 billion, a price-to-earnings ratio of 18.77, a PEG ratio of 0.88 and a beta of 0.77. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.62 and a current ratio of 0.62. The business’s fifty day moving average price is $91.01 and its two-hundred day moving average price is $95.32. The Charles Schwab Corporation has a 52 week low of $83.96 and a 52 week high of $107.50.

Charles Schwab (NYSE:SCHW) last announced its quarterly earnings data 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. The firm had revenue of $6.48 billion for the quarter, compared to analyst estimates of $6.39 billion. Charles Schwab had a return on equity of 23.05% and a net margin of 37.99%.The business’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same period last year, the company earned $1.04 EPS. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. On average, analysts predict that The Charles Schwab Corporation will post 6.13 earnings per share for the current year.

Charles Schwab Dividend Announcement

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

Analysts Set New Price Targets

A number of research firms recently commented on SCHW. Piper Sandler increased their price target on Charles Schwab from $103.00 to $105.00 and gave the stock a “neutral” rating in a research report on Friday, May 15th. Raymond James Financial increased 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. Barclays increased their price target on Charles Schwab from $117.00 to $127.00 and gave the stock an “overweight” rating in a research report on Friday, May 15th. Keefe, Bruyette & Woods started coverage on Charles Schwab in a research report on Wednesday, April 8th. They set an “outperform” rating and a $110.00 price target on the stock. Finally, Morgan Stanley decreased their price objective on Charles Schwab from $135.00 to $125.00 and set an “overweight” rating on the stock in a research report on Friday, April 17th. One 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 issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $116.00.

Insider Buying and Selling at Charles Schwab

In other news, Director Frank C. Herringer sold 2,520 shares of the stock in a transaction on Tuesday, April 28th. The stock was 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 of the company’s stock, valued at $16,082,224.80. This represents a 1.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Paul V. Woolway sold 7,942 shares of the stock in a transaction 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 completion of the transaction, the insider directly owned 29,866 shares in the company, valued at approximately $2,926,868. This trade represents a 21.01% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 59,700 shares of company stock worth $5,889,131. Insiders own 6.30% of the company’s stock.

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.