Westview Management dba Westview Investment Advisors Makes New $3.28 Million Investment in The Charles Schwab Corporation $SCHW

Westview Management dba Westview Investment Advisors acquired a new position in The Charles Schwab Corporation (NYSE:SCHW) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 32,793 shares of the financial services provider’s stock, valued at approximately $3,276,000. Charles Schwab accounts for 1.6% of Westview Management dba Westview Investment Advisors’ investment portfolio, making the stock its 26th biggest holding.

Several other hedge funds and other institutional investors have also modified their holdings of the company. West Branch Capital LLC acquired a new stake in Charles Schwab during the 3rd quarter worth approximately $27,000. GoalVest Advisory LLC purchased a new position in Charles Schwab in the fourth quarter valued at approximately $28,000. Howard Hughes Medical Institute acquired a new position in Charles Schwab during the second quarter valued at approximately $34,000. Redmont Wealth Advisors LLC purchased a new stake in Charles Schwab during the third quarter worth approximately $34,000. Finally, Newbridge Financial Services Group Inc. grew its stake in Charles Schwab by 233.6% during the third quarter. Newbridge Financial Services Group Inc. now owns 357 shares of the financial services provider’s stock worth $34,000 after buying an additional 250 shares during the period. 84.38% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Truist Financial lifted their target price on shares of Charles Schwab from $120.00 to $122.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. Weiss Ratings reiterated a “hold (c+)” rating on shares of Charles Schwab in a report on Thursday, January 22nd. Citizens Jmp raised their price objective on Charles Schwab from $110.00 to $120.00 and gave the company a “market outperform” rating in a research report on Monday, January 12th. Raymond James Financial restated an “outperform” rating and set a $114.00 price objective on shares of Charles Schwab in a research note on Monday, January 5th. Finally, UBS Group increased their target price on Charles Schwab from $123.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. 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 assigned a Sell rating to the company. According to MarketBeat.com, Charles Schwab presently has an average rating of “Moderate Buy” and a consensus target price of $115.95.

Charles Schwab Price Performance

SCHW opened at $94.66 on Monday. The company has a fifty day simple moving average of $98.15 and a 200 day simple moving average of $96.25. The firm has a market cap of $165.86 billion, a price-to-earnings ratio of 20.31, a PEG ratio of 0.76 and a beta of 0.93. The Charles Schwab Corporation has a twelve month low of $65.88 and a twelve month high of $107.50. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.52.

Charles Schwab (NYSE:SCHW) last issued its quarterly earnings data on Wednesday, January 21st. The financial services provider reported $1.39 EPS for the quarter, topping analysts’ consensus estimates of $1.32 by $0.07. The firm had revenue of $6.34 billion for the quarter, compared to analyst estimates of $6.19 billion. Charles Schwab had a net margin of 37.01% and a return on equity of 21.97%. The firm’s revenue was up 18.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.01 EPS. 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 EPS for the current fiscal year.

Charles Schwab Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 13th were paid a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 1.4%. This is a positive change from Charles Schwab’s previous quarterly dividend of $0.27. The ex-dividend date was Friday, February 13th. Charles Schwab’s payout ratio is presently 27.47%.

Insiders Place Their Bets

In related news, Director Christopher V. Dodds sold 11,825 shares of the stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $104.55, for a total value of $1,236,303.75. Following the completion of the transaction, the director owned 449,406 shares of the company’s stock, valued at approximately $46,985,397.30. This represents a 2.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Dennis Howard sold 27,903 shares of the firm’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 sale, the insider owned 10,470 shares of the company’s stock, valued at approximately $994,859.40. This trade represents a 72.72% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 415,568 shares of company stock valued at $42,639,058. 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.