Machina Capital S.A.S. Sells 34,378 Shares of The Charles Schwab Corporation $SCHW

Machina Capital S.A.S. lowered its holdings in shares of The Charles Schwab Corporation (NYSE:SCHW) by 64.5% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 18,932 shares of the financial services provider’s stock after selling 34,378 shares during the period. Machina Capital S.A.S.’s holdings in Charles Schwab were worth $1,807,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of SCHW. Princeton Global Asset Management LLC bought a new stake in Charles Schwab in the 2nd quarter valued at $25,000. RMG Wealth Management LLC acquired a new position in shares of Charles Schwab in the second quarter valued at $27,000. West Branch Capital LLC acquired a new position in shares of Charles Schwab in the third quarter valued at $27,000. Hoese & Co LLP raised its position in shares of Charles Schwab by 131.6% in the second quarter. Hoese & Co LLP now owns 352 shares of the financial services provider’s stock valued at $32,000 after purchasing an additional 200 shares during the period. Finally, Mid American Wealth Advisory Group Inc. acquired a new stake in shares of Charles Schwab during the 2nd quarter worth about $32,000. Institutional investors and hedge funds own 84.38% of the company’s stock.

Charles Schwab Stock Performance

NYSE:SCHW opened at $103.77 on Thursday. The company has a market cap of $184.39 billion, a price-to-earnings ratio of 22.27, a PEG ratio of 0.84 and a beta of 0.94. The Charles Schwab Corporation has a fifty-two week low of $65.88 and a fifty-two week high of $105.81. 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 stock has a fifty day moving average price of $99.82 and a 200-day moving average price of $96.52.

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

Charles Schwab Increases Dividend

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

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. Barclays upped their price target on shares of Charles Schwab from $125.00 to $126.00 and gave the company an “overweight” rating in a research note on Monday, January 26th. JPMorgan Chase & Co. upped their target price on Charles Schwab from $119.00 to $121.00 and gave the company an “overweight” rating in a research report on Monday, October 20th. 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. Bank of America boosted their price target on Charles Schwab from $88.00 to $91.00 and gave the company an “underperform” rating in a research note on Wednesday, December 10th. Finally, Morgan Stanley increased their price objective on Charles Schwab from $139.00 to $148.00 and gave the stock an “overweight” rating in a research report on Monday, December 22nd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Charles Schwab has an average rating of “Moderate Buy” and a consensus target price of $115.65.

Insider Activity at Charles Schwab

In other Charles Schwab news, General Counsel Peter J. Morgan III sold 7,595 shares of the firm’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $104.38, for a total value of $792,766.10. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Jonathan S. Beatty sold 2,000 shares of Charles Schwab stock in a transaction 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 owned 21,768 shares in the company, valued at approximately $2,285,640. The trade was a 8.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 14,667 shares of company stock worth $1,507,842 in the last quarter. 6.30% of the stock is currently owned by company insiders.

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.