Horizon Investment Services LLC Makes New $2.16 Million Investment in The Charles Schwab Corporation $SCHW

Horizon Investment Services LLC acquired a new stake in shares of The Charles Schwab Corporation (NYSE:SCHW) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 22,614 shares of the financial services provider’s stock, valued at approximately $2,159,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SCHW. Brighton Jones LLC grew its holdings in Charles Schwab by 380.5% in the fourth quarter. Brighton Jones LLC now owns 24,240 shares of the financial services provider’s stock worth $1,794,000 after purchasing an additional 19,195 shares during the period. Sivia Capital Partners LLC boosted its position in shares of Charles Schwab by 21.6% in the 2nd quarter. Sivia Capital Partners LLC now owns 4,553 shares of the financial services provider’s stock worth $415,000 after purchasing an additional 809 shares in the last quarter. Belpointe Asset Management LLC grew its stake in shares of Charles Schwab by 7.4% in the 2nd quarter. Belpointe Asset Management LLC now owns 6,142 shares of the financial services provider’s stock worth $560,000 after buying an additional 421 shares during the last quarter. RMG Wealth Management LLC bought a new position in Charles Schwab during the 2nd quarter valued at approximately $27,000. Finally, Kingswood Wealth Advisors LLC raised its stake in Charles Schwab by 65.3% during the second quarter. Kingswood Wealth Advisors LLC now owns 8,956 shares of the financial services provider’s stock valued at $817,000 after buying an additional 3,539 shares during the last quarter. 84.38% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Charles Schwab

In other news, insider Jonathan S. Beatty sold 3,072 shares of the 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 in the company, valued at $1,168,454. This represents a 20.49% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, General Counsel Peter J. Morgan III sold 7,595 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The shares were 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. In the last three months, insiders sold 14,667 shares of company stock worth $1,507,842. 6.30% of the stock is owned by corporate insiders.

Charles Schwab Stock Performance

Shares of SCHW stock opened at $103.77 on Thursday. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 0.47. The company has a 50 day moving average price of $99.82 and a 200-day moving average price of $96.52. The Charles Schwab Corporation has a 52 week low of $65.88 and a 52 week high of $105.81. The firm has a market capitalization of $184.39 billion, a PE ratio of 22.27, a P/E/G ratio of 0.84 and a beta of 0.94.

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

Charles Schwab Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 13th will be given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 1.2%. This is a boost from Charles Schwab’s previous quarterly dividend of $0.27. The ex-dividend date is Friday, February 13th. Charles Schwab’s dividend payout ratio (DPR) is currently 23.18%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Citizens Jmp increased their target price on Charles Schwab from $110.00 to $120.00 and gave the stock a “market outperform” rating in a research note on Monday, January 12th. The Goldman Sachs Group reissued a “buy” rating and set a $114.00 price objective on shares of Charles Schwab in a research report on Friday, October 17th. Barclays lifted their target price on shares of Charles Schwab from $125.00 to $126.00 and gave the stock an “overweight” rating in a report on Monday, January 26th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Charles Schwab in a research note on Thursday, January 22nd. Finally, Truist Financial raised their price target on shares of Charles Schwab from $120.00 to $122.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $115.65.

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.