Main Street Research LLC Raises Holdings in The Charles Schwab Corporation $SCHW

Main Street Research LLC lifted its position in shares of The Charles Schwab Corporation (NYSE:SCHW) by 45.9% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 46,360 shares of the financial services provider’s stock after acquiring an additional 14,578 shares during the quarter. Main Street Research LLC’s holdings in Charles Schwab were worth $4,357,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. State Street Corp lifted its holdings in Charles Schwab by 1.0% during the third quarter. State Street Corp now owns 73,156,290 shares of the financial services provider’s stock valued at $6,984,231,000 after purchasing an additional 691,671 shares during the last quarter. Geode Capital Management LLC boosted its position in Charles Schwab by 0.3% during the fourth quarter. Geode Capital Management LLC now owns 37,667,640 shares of the financial services provider’s stock worth $3,747,646,000 after purchasing an additional 98,242 shares during the period. Franklin Resources Inc. increased its stake in shares of Charles Schwab by 0.3% in the fourth quarter. Franklin Resources Inc. now owns 30,184,369 shares of the financial services provider’s stock worth $3,015,720,000 after purchasing an additional 78,020 shares in the last quarter. Primecap Management Co. CA increased its stake in shares of Charles Schwab by 9.7% in the fourth quarter. Primecap Management Co. CA now owns 23,276,071 shares of the financial services provider’s stock worth $2,325,512,000 after purchasing an additional 2,066,884 shares in the last quarter. Finally, Fisher Asset Management LLC raised its position in shares of Charles Schwab by 0.8% in the fourth quarter. Fisher Asset Management LLC now owns 21,818,514 shares of the financial services provider’s stock valued at $2,179,888,000 after purchasing an additional 171,926 shares during the period. Hedge funds and other institutional investors own 84.38% of the company’s stock.

Insider Transactions at Charles Schwab

In related news, Director Frank C. Herringer sold 2,520 shares of the business’s stock in a transaction that occurred 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 completion of the sale, 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 transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Jonathan S. Beatty sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $100.01, for a total value of $200,020.00. Following the completion of the sale, the insider directly owned 13,738 shares of the company’s stock, valued at approximately $1,373,937.38. This represents a 12.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 63,700 shares of company stock valued at $6,283,211 over the last quarter. 6.30% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. TD Cowen upped their price target 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. UBS Group lifted their price objective on shares of Charles Schwab from $119.00 to $122.00 and gave the company a “buy” rating in a research note on Wednesday. Truist Financial lowered their target price on shares of Charles Schwab from $122.00 to $120.00 and set a “buy” rating on the stock in a report on Wednesday, April 1st. Jefferies Financial Group dropped their target price on Charles Schwab from $122.00 to $118.00 and set a “buy” rating on the stock in a research report on Monday, April 6th. Finally, JPMorgan Chase & Co. raised their price target on Charles Schwab from $128.00 to $131.00 and gave the stock an “overweight” rating in a report on Friday, April 17th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Charles Schwab currently has an average rating of “Moderate Buy” and an average target price of $115.89.

Key Stories Impacting Charles Schwab

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

• Positive Sentiment: Barclays kept an Overweight rating on Charles Schwab while only trimming its price target to $122 from $127, implying meaningful upside from current levels and signaling continued analyst confidence. Article Title
• Positive Sentiment: Charles Schwab is expanding its digital assets team ahead of a planned crypto trading rollout, a move that could open a new revenue stream and strengthen its long-term competitive position. Article Title
• Positive Sentiment: Brokerage coverage remains broadly supportive, with Charles Schwab receiving an average “Moderate Buy” rating from analysts, reinforcing expectations for steady fundamentals. Article Title
• Neutral Sentiment: Schwab strategists warned that the era of easy index gains may be over, reflecting a more volatile market backdrop that could change trading and investing behavior, but the direct impact on Schwab’s earnings is unclear. Article Title
• Neutral Sentiment: A Wall Street Journal story about a Schwab account tied to the Trumps highlighted an automated trading spree after a legal win, but it appears more headline-driven than financially material to the company. Article Title
• Neutral Sentiment: News that a Schwab executive sold 2,000 shares is worth noting, but the sale is too small to signal a meaningful shift in insider sentiment on its own. Article Title

Charles Schwab Price Performance

Shares of NYSE:SCHW opened at $101.92 on Friday. The company’s fifty day moving average price is $91.40 and its 200-day moving average price is $95.29. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.62 and a quick ratio of 0.62. The firm has a market capitalization of $177.25 billion, a price-to-earnings ratio of 20.22, a PEG ratio of 0.93 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.

Charles Schwab (NYSE:SCHW) last posted its quarterly earnings data 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. Charles Schwab had a net margin of 37.99% and a return on equity of 23.05%. The company had revenue of $6.48 billion during the quarter, compared to the consensus estimate of $6.39 billion. During the same period in the previous year, the firm posted $1.04 EPS. The firm’s revenue was up 15.8% compared to the same quarter last year. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. On average, equities research analysts anticipate that The Charles Schwab Corporation will post 6.14 earnings per share for the current fiscal year.

Charles Schwab Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Friday, May 8th were paid a dividend of $0.32 per share. The ex-dividend date of this dividend was Friday, May 8th. This represents a $1.28 annualized dividend and a yield of 1.3%. Charles Schwab’s payout ratio is 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.