Maia Wealth LLC Sells 5,444 Shares of The Charles Schwab Corporation $SCHW

Maia Wealth LLC reduced its stake in shares of The Charles Schwab Corporation (NYSE:SCHW) by 13.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,987 shares of the financial services provider’s stock after selling 5,444 shares during the quarter. Maia Wealth LLC’s holdings in Charles Schwab were worth $3,249,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. West Branch Capital LLC bought a new stake in shares of Charles Schwab in the 3rd quarter worth about $27,000. Evelyn Partners Asset Management Ltd bought a new position in Charles Schwab during the 2nd quarter valued at about $33,000. Howard Hughes Medical Institute bought a new position in Charles Schwab during the 2nd quarter valued at about $34,000. Redmont Wealth Advisors LLC acquired a new position in Charles Schwab in the third quarter valued at about $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 last quarter. 84.38% of the stock is owned by institutional investors.

Insider Activity at Charles Schwab

In other news, insider Nigel J. Murtagh sold 7,203 shares of the company’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $94.61, for a total transaction of $681,475.83. Following the transaction, the insider owned 57,972 shares of the company’s stock, valued at $5,484,730.92. This represents a 11.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Paul V. Woolway sold 6,126 shares of the firm’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $94.61, for a total value of $579,580.86. Following the completion of the transaction, the insider owned 29,866 shares in the company, valued at approximately $2,825,622.26. This represents a 17.02% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 415,568 shares of company stock valued at $42,639,058 over the last quarter. 6.30% of the stock is currently owned by corporate insiders.

Charles Schwab Price Performance

SCHW opened at $93.11 on Friday. The Charles Schwab Corporation has a one year low of $65.88 and a one year high of $107.50. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.62 and a quick ratio of 0.62. The company’s 50 day simple moving average is $98.97 and its 200-day simple moving average is $96.34. The stock has a market capitalization of $163.15 billion, a P/E ratio of 19.98, a price-to-earnings-growth ratio of 0.74 and a beta of 0.93.

Charles Schwab (NYSE:SCHW) last issued its quarterly earnings results on Wednesday, January 21st. The financial services provider reported $1.39 earnings per share for the quarter, beating analysts’ consensus estimates of $1.32 by $0.07. Charles Schwab had a net margin of 37.01% and a return on equity of 21.97%. The business had revenue of $6.34 billion during the quarter, compared to analyst estimates of $6.19 billion. During the same quarter last year, the business posted $1.01 earnings per share. Charles Schwab’s revenue for the quarter was up 18.9% compared to the same quarter last year. 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 4.22 earnings per share for the current fiscal year.

Charles Schwab Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 13th were paid a $0.32 dividend. This is an increase from Charles Schwab’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend was Friday, February 13th. This represents a $1.28 annualized dividend and a dividend yield of 1.4%. Charles Schwab’s payout ratio is 27.47%.

Analysts Set New Price Targets

Several analysts have recently weighed in on SCHW shares. Piper Sandler raised their price objective on shares of Charles Schwab from $100.00 to $105.00 and gave the stock a “neutral” rating in a report on Wednesday, January 14th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $131.00 price target on shares of Charles Schwab in a research report on Thursday, January 22nd. Raymond James Financial reaffirmed an “outperform” rating and set a $114.00 price target on shares of Charles Schwab in a report on Monday, January 5th. TD Cowen lifted their price objective on Charles Schwab from $135.00 to $138.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. Finally, Bank of America boosted their price objective on Charles Schwab from $88.00 to $91.00 and gave the stock an “underperform” rating in a research note on Wednesday, December 10th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $115.95.

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.