Pacer Advisors Inc. Cuts Stock Position in The Charles Schwab Corporation $SCHW

Pacer Advisors Inc. trimmed its position in shares of The Charles Schwab Corporation (NYSE:SCHW) by 36.2% in the first quarter, HoldingsChannel.com reports. The fund owned 83,634 shares of the financial services provider’s stock after selling 47,390 shares during the period. Pacer Advisors Inc.’s holdings in Charles Schwab were worth $7,860,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of SCHW. Norges Bank purchased a new stake in Charles Schwab during the fourth quarter worth about $1,994,189,000. Bank of New York Mellon Corp boosted its stake in shares of Charles Schwab by 22.9% in the first quarter. Bank of New York Mellon Corp now owns 16,162,082 shares of the financial services provider’s stock valued at $1,518,913,000 after purchasing an additional 3,009,884 shares during the period. Primecap Management Co. CA boosted 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 valued at $2,325,512,000 after purchasing an additional 2,066,884 shares during the period. Focus Partners Wealth grew its holdings in shares of Charles Schwab by 716.5% in the fourth quarter. Focus Partners Wealth now owns 2,101,463 shares of the financial services provider’s stock valued at $209,948,000 after purchasing an additional 1,844,095 shares in the last quarter. Finally, Vaughan Nelson Investment Management L.P. acquired a new position in shares of Charles Schwab in the first quarter valued at approximately $129,140,000. 84.38% of the stock is owned by institutional investors and hedge funds.

More Charles Schwab News

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

• Positive Sentiment: Analyst upgrade supports the shares. Compass Point initiated coverage with a “Buy” recommendation and later upgraded Schwab to “Strong Buy,” adding to the bullish research backdrop. Compass initiates coverage of Charles Schwab with Buy recommendation
• Positive Sentiment: Recent earnings remain a key catalyst. Schwab’s latest quarterly report exceeded expectations, with earnings per share of $1.62 versus the $1.56 consensus and revenue of $7.07 billion versus $6.90 billion expected. Revenue increased 20.9% year over year, reinforcing the company’s growth and profitability story. Why Charles Schwab Stock Jumped in July
• Positive Sentiment: Retail-client confidence is improving. Schwab’s Q3 sentiment report found that 47% of retail clients were bullish on U.S. stocks, while many active traders indicated they would buy market declines. Greater trading activity and investor confidence could support transaction-related revenue and asset flows. Schwab Q3 Retail Client Sentiment Report
• Positive Sentiment: Dividend and platform enhancements add shareholder appeal. Schwab declared a regular quarterly dividend of $0.32 per common share, while Orion’s fractional-share trading rollout for advisors using Schwab Advisor Services may improve the platform’s functionality and competitiveness. Charles Schwab Dividend and Retail Sentiment
• Neutral Sentiment: Valuation opinions are mixed. Some analysis suggests SCHW remains below estimated intrinsic value, but its roughly 69% three-year return and elevated earnings multiple mean investors may already be pricing in substantial improvement. Charles Schwab Stock Fair Value Analysis
• Negative Sentiment: Emerging crypto competition is a longer-term risk. Tokenized-stock exchanges are seeking to replicate Schwab’s brokerage model, though Wall Street and regulators remain skeptical. If the model gains traction, it could increase competitive pressure on traditional brokers. Crypto Exchanges Want to Be the Next Charles Schwab

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on SCHW. Zacks Research upgraded shares of Charles Schwab from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 9th. Wolfe Research restated an “outperform” rating and issued a $127.00 price target on shares of Charles Schwab in a research note on Tuesday, July 21st. Raymond James Financial reaffirmed an “outperform” rating and set a $145.00 price objective on shares of Charles Schwab in a research report on Wednesday, July 22nd. Barclays increased their price objective on Charles Schwab from $122.00 to $125.00 and gave the company an “overweight” rating in a research note on Wednesday, July 22nd. Finally, Morgan Stanley lifted their target price on Charles Schwab from $133.00 to $136.00 and gave the company an “overweight” rating in a report on Monday, July 27th. Two equities research analysts have 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 stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $121.17.

Insider Activity

In related news, insider Jonathan S. Beatty sold 2,000 shares of the business’s stock in a transaction on Tuesday, July 21st. The shares were sold at an average price of $104.21, for a total transaction of $208,420.00. Following the completion of the transaction, the insider owned 11,738 shares in the company, valued at approximately $1,223,216.98. The trade was a 14.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Nigel J. Murtagh sold 32,947 shares of the stock in a transaction on Monday, July 27th. The shares were sold at an average price of $104.01, for a total value of $3,426,817.47. Following the completion of the transaction, the insider directly owned 57,972 shares in the company, valued at $6,029,667.72. This trade represents a 36.24% 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 quarter, insiders have sold 363,848 shares of company stock valued at $37,874,706. Insiders own 6.30% of the company’s stock.

Charles Schwab Stock Up 1.6%

Shares of NYSE:SCHW opened at $108.05 on Thursday. The Charles Schwab Corporation has a fifty-two week low of $83.96 and a fifty-two week high of $108.55. The firm’s 50 day moving average price is $96.43 and its 200 day moving average price is $95.55. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 0.48. The stock has a market cap of $187.92 billion, a price-to-earnings ratio of 19.65, a price-to-earnings-growth ratio of 0.81 and a beta of 0.76.

Charles Schwab (NYSE:SCHW) last posted its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $1.62 EPS for the quarter, topping the consensus estimate of $1.56 by $0.06. Charles Schwab had a net margin of 38.79% and a return on equity of 24.73%. The company had revenue of $7.07 billion during the quarter, compared to analysts’ expectations of $6.90 billion. During the same quarter in the previous year, the business posted $1.14 EPS. The firm’s revenue was up 20.9% on a year-over-year basis. As a group, equities research analysts predict that The Charles Schwab Corporation will post 6.46 earnings per share for the current fiscal year.

Charles Schwab Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, August 14th. Charles Schwab’s payout ratio is 23.27%.

Charles Schwab Company 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.