WealthPlan Investment Management LLC Buys 13,669 Shares of The Charles Schwab Corporation $SCHW

WealthPlan Investment Management LLC lifted its stake in The Charles Schwab Corporation (NYSE:SCHW) by 254.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 19,033 shares of the financial services provider’s stock after purchasing an additional 13,669 shares during the quarter. WealthPlan Investment Management LLC’s holdings in Charles Schwab were worth $1,902,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Dogwood Wealth Management LLC increased its stake in Charles Schwab by 99.2% during the 4th quarter. Dogwood Wealth Management LLC now owns 247 shares of the financial services provider’s stock valued at $25,000 after purchasing an additional 123 shares in the last quarter. Piscataqua Savings Bank bought a new stake in Charles Schwab during the 4th quarter valued at about $26,000. GoalVest Advisory LLC bought a new stake in Charles Schwab during the 4th quarter valued at about $28,000. Beacon Financial Strategies CORP bought a new stake in Charles Schwab during the 4th quarter valued at about $29,000. Finally, Optima Capital LLC bought a new stake in Charles Schwab during the 4th quarter valued at about $30,000. 84.38% of the stock is currently owned by institutional investors.

Charles Schwab Stock Performance

SCHW opened at $90.87 on Monday. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.48. The company has a market cap of $158.04 billion, a price-to-earnings ratio of 18.03, a PEG ratio of 0.71 and a beta of 0.80. The company’s 50 day moving average is $93.01 and its 200 day moving average is $95.97. The Charles Schwab Corporation has a 12-month low of $85.76 and a 12-month 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. The company had revenue of $6.48 billion for the quarter, compared to the consensus estimate of $6.39 billion. Charles Schwab had a net margin of 37.99% and a return on equity of 23.05%. The firm’s revenue was up 15.8% compared to the same quarter last year. During the same quarter last year, the firm posted $1.04 earnings per share. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. On average, equities research analysts predict that The Charles Schwab Corporation will post 6.01 EPS for the current year.

Charles Schwab Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 22nd. Investors 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 dividend yield of 1.4%. Charles Schwab’s dividend payout ratio (DPR) is presently 25.40%.

Insider Buying and Selling at Charles Schwab

In related news, insider Paul V. Woolway sold 15,884 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $95.12, for a total value of $1,510,886.08. Following the transaction, the insider owned 35,992 shares of the company’s stock, valued at approximately $3,423,559.04. This trade represents a 30.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed 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 stock was sold at an average price of $95.02, for a total transaction of $2,651,343.06. Following the completion of the transaction, the insider directly owned 10,470 shares in the company, valued at approximately $994,859.40. The trade was a 72.72% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 126,924 shares of company stock worth $12,268,634. 6.30% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have weighed in on SCHW shares. Truist Financial reduced their price objective on shares of Charles Schwab from $122.00 to $120.00 and set a “buy” rating for the company in a research note on Wednesday, April 1st. Piper Sandler lifted their price target on shares of Charles Schwab from $103.00 to $105.00 and gave the stock a “neutral” rating in a research note on Friday. TD Cowen lifted their price target on shares of Charles Schwab from $108.00 to $109.00 and gave the stock a “buy” rating in a research note on Friday. Argus set a $108.00 price target on shares of Charles Schwab in a research note on Monday, April 20th. Finally, Morgan Stanley reduced their price target on shares of Charles Schwab from $135.00 to $125.00 and set an “overweight” rating for the company in a research note on Friday, April 17th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Charles Schwab presently has an average rating of “Moderate Buy” and an average price target of $114.24.

Key Stories Impacting Charles Schwab

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

• Positive Sentiment: Barclays lifted its price target on Charles Schwab (SCHW) to $127 from $117 and reiterated an Overweight rating after the company’s fiscal 2026 revenue and expense guidance topped expectations. Barclays Hikes Charles Schwab Price Target to $127: 2026 Guidance Crushes Street Expectations
• Positive Sentiment: Schwab raised its 2026 outlook and said it expects mid-teen EPS growth over time, supported by client growth, platform monetization, and balance-sheet flexibility. SCHW Ups 2026 Outlook, Targets Mid-Teen EPS Growth Through the Cycle
• Positive Sentiment: The company highlighted strong operating trends, including record daily average trades and record client margin loan balances in April, reinforcing the view that retail activity remains healthy. Charles Schwab daily average trades, client margin loan balances reach records in April
• Positive Sentiment: Schwab also unveiled AI initiatives and a crypto rollout aimed at broadening engagement and improving efficiency, which could support longer-term growth and margins. Schwab Crypto Launch Tests Client Engagement And Revenue Mix For Charles Schwab

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.