Sanders Morris Harris LLC Has $946,000 Stock Position in The Charles Schwab Corporation $SCHW

Sanders Morris Harris LLC increased its stake in shares of The Charles Schwab Corporation (NYSE:SCHW) by 115.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,250 shares of the financial services provider’s stock after buying an additional 5,500 shares during the quarter. Charles Schwab accounts for about 0.5% of Sanders Morris Harris LLC’s investment portfolio, making the stock its 28th largest position. Sanders Morris Harris LLC’s holdings in Charles Schwab were worth $946,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of the stock. State Street Corp boosted its position in Charles Schwab by 1.0% in the third quarter. State Street Corp now owns 73,156,290 shares of the financial services provider’s stock valued at $6,984,231,000 after buying an additional 691,671 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Charles Schwab by 0.3% during the fourth quarter. Geode Capital Management LLC now owns 37,667,640 shares of the financial services provider’s stock worth $3,747,646,000 after purchasing an additional 98,242 shares during the last quarter. Franklin Resources Inc. increased its stake in shares of Charles Schwab by 0.3% in the fourth quarter. Franklin Resources Inc. now owns 30,184,369 shares of the financial services provider’s stock valued at $3,015,720,000 after buying an additional 78,020 shares in the last quarter. Primecap Management Co. CA raised its holdings 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 buying an additional 2,066,884 shares during the last quarter. Finally, Fisher Asset Management LLC lifted its position in Charles Schwab by 0.8% during the 4th quarter. Fisher Asset Management LLC now owns 21,818,514 shares of the financial services provider’s stock worth $2,179,888,000 after buying an additional 171,926 shares in the last quarter. 84.38% of the stock is currently owned by institutional investors.

Insider Transactions at Charles Schwab

In related news, Chairman Walter W. Bettinger sold 192,488 shares of the business’s stock in a transaction on Monday, July 27th. The shares were sold at an average price of $103.90, for a total value of $19,999,503.20. Following the sale, the chairman directly owned 529,346 shares of the company’s stock, valued at approximately $54,999,049.40. The trade was a 26.67% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Nigel J. Murtagh sold 32,947 shares of the stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $104.01, for a total value of $3,426,817.47. Following the transaction, the insider owned 57,972 shares of the company’s stock, valued at approximately $6,029,667.72. This trade represents a 36.24% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 363,848 shares of company stock valued at $37,874,706. 6.30% of the stock is currently owned by insiders.

Charles Schwab Stock Performance

Shares of Charles Schwab stock opened at $108.05 on Thursday. The stock’s fifty day simple moving average is $96.43 and its 200 day simple moving average is $95.55. 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 capitalization of $187.92 billion, a PE ratio of 19.65, a PEG ratio of 0.81 and a beta of 0.76. The Charles Schwab Corporation has a 12 month low of $83.96 and a 12 month high of $108.55.

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

Charles Schwab Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 1.2%. The ex-dividend date is Friday, August 14th. Charles Schwab’s dividend payout ratio (DPR) is 23.27%.

Key Headlines Impacting Charles Schwab

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

Analyst Ratings Changes

SCHW has been the subject of several research reports. Raymond James Financial restated an “outperform” rating and issued a $145.00 price objective on shares of Charles Schwab in a research report on Wednesday, July 22nd. TD Cowen raised their price target on shares of Charles Schwab from $108.00 to $109.00 and gave the company a “buy” rating in a report on Friday, May 15th. Zacks Research upgraded shares of Charles Schwab from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 9th. UBS Group set a $135.00 price objective on Charles Schwab in a research report on Monday. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Charles Schwab in a research note on Wednesday, July 22nd. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $121.17.

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.