SVB Wealth LLC Has $1.69 Million Stake in The Charles Schwab Corporation $SCHW

SVB Wealth LLC reduced its stake in The Charles Schwab Corporation (NYSE:SCHW) by 23.8% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 17,972 shares of the financial services provider’s stock after selling 5,604 shares during the quarter. SVB Wealth LLC’s holdings in Charles Schwab were worth $1,689,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in SCHW. Dogwood Wealth Management LLC grew its holdings in shares of Charles Schwab by 99.2% during the 4th quarter. Dogwood Wealth Management LLC now owns 247 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 123 shares in the last quarter. Piscataqua Savings Bank bought a new position in shares of Charles Schwab in the fourth quarter worth $26,000. GoalVest Advisory LLC acquired a new position in Charles Schwab in the fourth quarter valued at about $28,000. Beacon Financial Strategies CORP bought a new stake in Charles Schwab during the fourth quarter worth about $29,000. Finally, Optima Capital LLC bought a new stake in Charles Schwab during the fourth quarter worth about $30,000. Institutional investors and hedge funds own 84.38% of the company’s stock.

Trending Headlines about Charles Schwab

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

• Positive Sentiment: Schwab reported record May core net new assets of $49.9 billion, up 43% from a year ago, while total client assets reached $13.14 trillion, underscoring strong inflows and healthy client growth. Charles Schwab (SCHW) Reports Record May Core Net New Assets
• Positive Sentiment: Schwab is reportedly partnering with Cboe to launch S&P 500-linked prediction market contracts, a new offering that could attract retail traders and expand platform engagement. Charles Schwab enters prediction markets with S&P 500 options
• Positive Sentiment: Analyst coverage highlighted SCHW as a high-ROE, cash-rich stock as markets recovered, reinforcing the view that Schwab remains a quality name in a shaky macro backdrop. 5 High ROE Stocks to Buy as Markets Recover After Fed-Induced Sell-Off
• Neutral Sentiment: Schwab was also recognized among The Civic 50 for community-minded companies for the 10th straight year, a reputational positive but not a direct earnings driver. Charles Schwab Recognized Among Nation’s Most Community-Minded Companies for 10th Consecutive Year

Charles Schwab Price Performance

SCHW stock opened at $93.09 on Wednesday. The stock has a market cap of $161.90 billion, a price-to-earnings ratio of 18.47, a P/E/G ratio of 0.84 and a beta of 0.77. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.62 and a quick ratio of 0.62. The company has a 50 day simple moving average of $90.74 and a 200 day simple moving average of $95.30. The Charles Schwab Corporation has a 1 year low of $83.96 and a 1 year high of $107.50.

Charles Schwab (NYSE:SCHW) last issued its earnings results 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. The firm had revenue of $6.48 billion for the quarter, compared to analyst estimates of $6.39 billion. Charles Schwab had a net margin of 37.99% and a return on equity of 23.05%. The company’s quarterly revenue was up 15.8% on a year-over-year basis. During the same quarter last year, the business posted $1.04 earnings per share. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. Research analysts anticipate that The Charles Schwab Corporation will post 6.14 EPS for the current fiscal year.

Charles Schwab Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Friday, May 8th were issued a dividend of $0.32 per share. The ex-dividend date of this dividend was Friday, May 8th. This represents a $1.28 annualized dividend and a dividend yield of 1.4%. Charles Schwab’s dividend payout ratio (DPR) is 25.40%.

Insider Activity at Charles Schwab

In related news, insider Paul V. Woolway sold 7,941 shares of the business’s stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $100.00, for a total transaction of $794,100.00. Following the sale, the insider owned 29,866 shares in the company, valued at $2,986,600. The trade was a 21.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frank C. Herringer sold 2,520 shares of the stock in a transaction dated Tuesday, April 28th. The shares were sold at an average price of $90.60, for a total value of $228,312.00. Following the completion of the transaction, the director owned 177,508 shares of the company’s stock, valued at $16,082,224.80. This represents a 1.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 59,700 shares of company stock valued at $5,889,131 in the last 90 days. 6.30% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Raymond James Financial raised their target price on shares of Charles Schwab from $126.00 to $137.00 and gave the company an “outperform” rating in a report on Friday, May 15th. Truist Financial reduced their price target on shares of Charles Schwab from $122.00 to $120.00 and set a “buy” rating on the stock in a research report on Wednesday, April 1st. JPMorgan Chase & Co. lifted their price objective on shares of Charles Schwab from $128.00 to $131.00 and gave the company an “overweight” rating in a research note on Friday, April 17th. Keefe, Bruyette & Woods assumed coverage on shares of Charles Schwab in a research report on Wednesday, April 8th. They set an “outperform” rating and a $110.00 price objective for the company. Finally, Barclays upped their target price on Charles Schwab from $117.00 to $127.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $116.00.

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.