State of New Jersey Common Pension Fund D Decreases Holdings in The Charles Schwab Corporation $SCHW

State of New Jersey Common Pension Fund D reduced its position in The Charles Schwab Corporation (NYSE:SCHW) by 1.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 593,645 shares of the financial services provider’s stock after selling 10,874 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Charles Schwab were worth $59,311,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Brighton Jones LLC boosted its holdings in Charles Schwab by 380.5% in the fourth quarter. Brighton Jones LLC now owns 24,240 shares of the financial services provider’s stock worth $1,794,000 after acquiring an additional 19,195 shares in the last quarter. Sivia Capital Partners LLC increased its holdings in shares of Charles Schwab by 21.6% during the second quarter. Sivia Capital Partners LLC now owns 4,553 shares of the financial services provider’s stock valued at $415,000 after acquiring an additional 809 shares in the last quarter. United Bank raised its position in shares of Charles Schwab by 7.1% in the 2nd quarter. United Bank now owns 16,053 shares of the financial services provider’s stock valued at $1,465,000 after purchasing an additional 1,070 shares during the last quarter. Nebula Research & Development LLC acquired a new stake in Charles Schwab in the 2nd quarter worth approximately $552,000. Finally, Main Street Financial Solutions LLC boosted its stake in Charles Schwab by 4.7% in the 2nd quarter. Main Street Financial Solutions LLC now owns 6,828 shares of the financial services provider’s stock worth $623,000 after purchasing an additional 305 shares in the last quarter. 84.38% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Charles Schwab

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

• Positive Sentiment: Erste Group raised earnings forecasts — the firm boosted FY2026 EPS to about $6.01 and lifted FY2027 to roughly $7.04, improving Schwab’s forward earnings outlook and implying stronger organic/fee revenue or margin gains. Erste Group estimate notes
• Positive Sentiment: Material share buybacks: Schwab repurchased roughly $4.58 billion of stock in the 12 months through Sept. 2025 — a tangible capital return that supports EPS and valuation per share. A Target Cut Could Be Missing The Bigger Growth Story
• Neutral Sentiment: Corporate research and brand initiatives: Schwab’s consumer surveys (teen investing interest, investor complexity) and advisor/custody footprint stories reinforce long‑term client acquisition and advisory demand, a structural tailwind but not an immediate earnings shock. Teens Interested in Investing
• Neutral Sentiment: RIA custodian pricing remains highly customized — Schwab services ~16,000 RIAs with many fee structures; this highlights recurring revenue diversity but also fee negotiation risk for margins. What do RIAs pay for Schwab as custodian?
• Neutral Sentiment: Market/peer volatility: heavy crypto weakness (Robinhood earnings misses) is pressuring broker sentiment and could temporarily reduce trading volumes industry‑wide, though Schwab’s more diversified model limits direct exposure. Robinhood Earnings Sink
• Negative Sentiment: Several brokerages trimmed price targets (Argus, TD Cowen among others) while keeping Buy ratings — this narrows upside expectations and may prompt some investors to lock in gains. Capitalizing on Business Momentum & Diversified Model
• Negative Sentiment: Insider selling: Director Frank C. Herringer sold 2,520 shares at about $90.60 (disclosed Apr. 28) — a modest reduction in insider ownership that can be perceived negatively even though the stake remains large. SEC Form 4 – Insider Sale

Charles Schwab Price Performance

NYSE:SCHW opened at $91.06 on Thursday. The firm’s fifty day moving average is $93.91 and its two-hundred day moving average is $96.23. The firm has a market cap of $158.27 billion, a price-to-earnings ratio of 18.07, a PEG ratio of 0.72 and a beta of 0.90. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.62 and a current ratio of 0.62. The Charles Schwab Corporation has a one year low of $80.98 and a one year high of $107.50.

Charles Schwab (NYSE:SCHW) last released its quarterly earnings data on Thursday, April 16th. The financial services provider reported $1.43 earnings per share for the quarter, beating analysts’ consensus estimates of $1.39 by $0.04. Charles Schwab had a return on equity of 23.03% and a net margin of 37.99%.The business had revenue of $6.48 billion during the quarter, compared to analyst estimates of $6.39 billion. During the same quarter last year, the business posted $1.04 EPS. The company’s revenue was up 15.8% on a year-over-year basis. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. Research analysts expect that The Charles Schwab Corporation will post 5.98 EPS for the current year.

Charles Schwab Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Friday, May 8th will be issued a $0.32 dividend. The ex-dividend date of this dividend is Friday, May 8th. This represents a $1.28 dividend on an annualized basis and a yield of 1.4%. Charles Schwab’s payout ratio is presently 25.40%.

Insider Buying and Selling

In other Charles Schwab news, Chairman Walter W. Bettinger sold 162,462 shares of the business’s stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $103.90, for a total value of $16,879,801.80. Following the completion of the transaction, the chairman directly owned 529,346 shares of the company’s stock, valued at approximately $54,999,049.40. The trade was a 23.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Christopher V. Dodds sold 11,825 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $104.55, for a total transaction of $1,236,303.75. Following the sale, the director directly owned 449,406 shares in the company, valued at $46,985,397.30. The trade was a 2.56% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 471,268 shares of company stock valued at $48,114,169 in the last three months. 6.30% of the stock is currently owned by company insiders.

Analyst Ratings Changes

SCHW has been the subject of a number of research analyst reports. Citizens Jmp raised their price target on shares of Charles Schwab from $110.00 to $120.00 and gave the stock a “market outperform” rating in a report on Monday, January 12th. Wolfe Research set a $120.00 target price on Charles Schwab in a research report on Monday, January 12th. Jefferies Financial Group reduced their target price on Charles Schwab from $122.00 to $118.00 and set a “buy” rating for the company in a research note on Monday, April 6th. Barclays lowered their price target on Charles Schwab from $126.00 to $117.00 and set an “overweight” rating for the company in a research report on Wednesday, April 8th. Finally, Citigroup reissued a “market outperform” rating on shares of Charles Schwab in a report on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $114.00.

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.