The Charles Schwab Corporation $SCHW Holdings Boosted by Annis Gardner Whiting Capital Advisors LLC

Annis Gardner Whiting Capital Advisors LLC raised its stake in The Charles Schwab Corporation (NYSE:SCHW) by 50.0% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,155 shares of the financial services provider’s stock after acquiring an additional 8,385 shares during the period. Annis Gardner Whiting Capital Advisors LLC’s holdings in Charles Schwab were worth $2,402,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in SCHW. ZWJ Investment Counsel Inc. grew its stake in Charles Schwab by 4.6% during the 3rd quarter. ZWJ Investment Counsel Inc. now owns 2,390 shares of the financial services provider’s stock worth $228,000 after buying an additional 106 shares during the last quarter. Bryn Mawr Trust Advisors LLC lifted its stake in Charles Schwab by 2.0% in the second quarter. Bryn Mawr Trust Advisors LLC now owns 5,489 shares of the financial services provider’s stock valued at $501,000 after buying an additional 107 shares during the last quarter. Nicolet Bankshares Inc. boosted its holdings in shares of Charles Schwab by 0.8% during the second quarter. Nicolet Bankshares Inc. now owns 13,049 shares of the financial services provider’s stock valued at $1,191,000 after acquiring an additional 107 shares during the period. First PREMIER Bank grew its position in shares of Charles Schwab by 23.8% during the third quarter. First PREMIER Bank now owns 557 shares of the financial services provider’s stock worth $53,000 after acquiring an additional 107 shares during the last quarter. Finally, Harfst & Associates Inc. increased its holdings in shares of Charles Schwab by 0.3% in the 3rd quarter. Harfst & Associates Inc. now owns 33,724 shares of the financial services provider’s stock worth $3,220,000 after acquiring an additional 107 shares during the period. 84.38% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on SCHW shares. The Goldman Sachs Group reissued a “buy” rating and set a $114.00 target price on shares of Charles Schwab in a research note on Friday, October 17th. Bank of America boosted their price objective on Charles Schwab from $88.00 to $91.00 and gave the stock an “underperform” rating in a research report on Wednesday, December 10th. Piper Sandler raised their target price on Charles Schwab from $100.00 to $105.00 and gave the company a “neutral” rating in a research report on Wednesday, January 14th. Wolfe Research set a $120.00 target price on Charles Schwab in a research note on Monday, January 12th. Finally, Citigroup reissued a “market outperform” rating on shares of Charles Schwab in a research note on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $115.65.

Insider Buying and Selling at Charles Schwab

In other news, insider Jonathan S. Beatty sold 3,072 shares of Charles Schwab stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $98.00, for a total value of $301,056.00. Following the transaction, the insider owned 11,923 shares of the company’s stock, valued at $1,168,454. The trade was a 20.49% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In the last three months, insiders have sold 7,072 shares of company stock worth $715,076. Company insiders own 6.30% of the company’s stock.

Charles Schwab Stock Down 0.2%

SCHW opened at $103.49 on Thursday. 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 market capitalization of $183.90 billion, a PE ratio of 22.21, a P/E/G ratio of 0.84 and a beta of 0.94. The stock’s fifty day moving average is $98.50 and its 200-day moving average is $96.13. The Charles Schwab Corporation has a one year low of $65.88 and a one year high of $105.81.

Charles Schwab (NYSE:SCHW) last announced its earnings results 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. The business had revenue of $6.34 billion during the quarter, compared to analysts’ expectations of $6.19 billion. Charles Schwab had a return on equity of 22.07% and a net margin of 37.01%.The company’s quarterly revenue was up 18.9% on a year-over-year basis. During the same quarter last year, the business posted $1.01 earnings per share. 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 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.