Mufg Securities Americas Inc. Purchases 8,160 Shares of The Charles Schwab Corporation $SCHW

Mufg Securities Americas Inc. lifted its position in shares of The Charles Schwab Corporation (NYSE:SCHW) by 21.6% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 46,013 shares of the financial services provider’s stock after buying an additional 8,160 shares during the quarter. Mufg Securities Americas Inc.’s holdings in Charles Schwab were worth $4,393,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of SCHW. First Financial Bankshares Inc raised its stake in Charles Schwab by 43.2% in the 3rd quarter. First Financial Bankshares Inc now owns 3,732 shares of the financial services provider’s stock worth $356,000 after purchasing an additional 1,126 shares in the last quarter. Compound Planning Inc. raised its position in shares of Charles Schwab by 14.6% in the third quarter. Compound Planning Inc. now owns 18,490 shares of the financial services provider’s stock valued at $1,765,000 after buying an additional 2,351 shares in the last quarter. Dana Investment Advisors Inc. boosted its stake in shares of Charles Schwab by 12.2% in the third quarter. Dana Investment Advisors Inc. now owns 20,692 shares of the financial services provider’s stock valued at $1,975,000 after buying an additional 2,244 shares during the period. EverSource Wealth Advisors LLC boosted its stake in shares of Charles Schwab by 2.0% in the third quarter. EverSource Wealth Advisors LLC now owns 16,877 shares of the financial services provider’s stock valued at $1,611,000 after buying an additional 326 shares during the period. Finally, Trajan Wealth LLC grew its position in Charles Schwab by 29.4% during the third quarter. Trajan Wealth LLC now owns 111,673 shares of the financial services provider’s stock worth $10,661,000 after buying an additional 25,358 shares in the last quarter. 84.38% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Charles Schwab

In other Charles Schwab news, insider Jonathan S. Beatty sold 2,000 shares of the company’s stock in a transaction that occurred on Thursday, January 22nd. The shares were sold at an average price of $105.00, for a total value of $210,000.00. Following the completion of the transaction, the insider directly owned 21,768 shares in the company, valued at approximately $2,285,640. This represents a 8.41% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, General Counsel Peter J. Morgan III sold 7,595 shares of Charles Schwab stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $104.38, for a total transaction of $792,766.10. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 348,344 shares of company stock worth $36,259,555 in the last 90 days. Corporate insiders own 6.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on SCHW shares. Raymond James Financial reaffirmed an “outperform” rating and issued a $114.00 price objective on shares of Charles Schwab in a report on Monday, January 5th. Piper Sandler boosted their price target on Charles Schwab from $100.00 to $105.00 and gave the company a “neutral” rating in a research note on Wednesday, January 14th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Charles Schwab in a research report on Thursday, January 22nd. Barclays increased their price objective on shares of Charles Schwab from $125.00 to $126.00 and gave the stock an “overweight” rating in a research note on Monday, January 26th. Finally, Citigroup restated a “market outperform” rating on shares of Charles Schwab in a research report on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $115.95.

Charles Schwab Stock Down 1.5%

Shares of NYSE:SCHW opened at $92.62 on Tuesday. The Charles Schwab Corporation has a 52-week low of $65.88 and a 52-week high of $107.50. The company has a market capitalization of $164.57 billion, a PE ratio of 19.87, a price-to-earnings-growth ratio of 0.76 and a beta of 0.94. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.58 and a current ratio of 0.58. The company has a fifty day moving average of $100.51 and a 200-day moving average of $96.53.

Charles Schwab (NYSE:SCHW) last released its quarterly earnings data on Wednesday, January 21st. The financial services provider reported $1.39 earnings per share for the quarter, beating the consensus estimate of $1.32 by $0.07. Charles Schwab had a return on equity of 22.07% and a net margin of 37.01%.The company had revenue of $6.34 billion for the quarter, compared to the consensus estimate of $6.19 billion. During the same quarter last year, the business posted $1.01 EPS. Charles Schwab’s revenue for the quarter was up 18.9% on a year-over-year basis. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. On average, equities analysts predict that The Charles Schwab Corporation will post 4.22 EPS for the current fiscal year.

Charles Schwab Increases Dividend

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

Charles Schwab Company 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.