Triglav Investments D.O.O. Invests $1.43 Million in The Charles Schwab Corporation $SCHW

Triglav Investments D.O.O. acquired a new stake in The Charles Schwab Corporation (NYSE:SCHW) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 15,000 shares of the financial services provider’s stock, valued at approximately $1,432,000.

Several other large investors have also recently added to or reduced their stakes in SCHW. Princeton Global Asset Management LLC acquired a new position in shares of Charles Schwab during the 2nd quarter valued at about $25,000. RMG Wealth Management LLC acquired a new stake in shares of Charles Schwab in the second quarter worth approximately $27,000. West Branch Capital LLC purchased a new stake in Charles Schwab in the third quarter valued at approximately $27,000. Hoese & Co LLP increased its position in Charles Schwab by 131.6% during the second quarter. Hoese & Co LLP now owns 352 shares of the financial services provider’s stock worth $32,000 after purchasing an additional 200 shares during the last quarter. Finally, Mid American Wealth Advisory Group Inc. purchased a new position in Charles Schwab during the second quarter worth approximately $32,000. 84.38% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on SCHW shares. JMP Securities reissued a “market outperform” rating and set a $110.00 price objective on shares of Charles Schwab in a research note on Friday, October 17th. Keefe, Bruyette & Woods boosted their price target on Charles Schwab from $109.00 to $111.00 and gave the company an “outperform” rating in a research report on Friday, October 17th. Citizens Jmp raised their price objective on Charles Schwab from $110.00 to $120.00 and gave the stock a “market outperform” rating in a report on Monday, January 12th. JPMorgan Chase & Co. lifted their price objective on Charles Schwab from $119.00 to $121.00 and gave the company an “overweight” rating in a research note on Monday, October 20th. Finally, Truist Financial increased their target price on shares of Charles Schwab from $120.00 to $122.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $115.65.

Charles Schwab Stock Up 0.0%

Shares of NYSE:SCHW opened at $103.77 on Thursday. The company has a market capitalization of $184.39 billion, a price-to-earnings ratio of 22.27, a price-to-earnings-growth ratio of 0.84 and a beta of 0.94. The company has a 50 day moving average of $99.82 and a two-hundred day moving average of $96.52. The Charles Schwab Corporation has a 52-week low of $65.88 and a 52-week high of $105.81. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 0.47.

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. Charles Schwab had a net margin of 37.01% and a return on equity of 22.07%. The business had revenue of $6.34 billion during the quarter, compared to the consensus estimate of $6.19 billion. During the same period in the prior year, the firm earned $1.01 earnings per share. The business’s quarterly revenue 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, analysts forecast that The Charles Schwab Corporation will post 4.22 earnings per share for the current fiscal year.

Charles Schwab Increases Dividend

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

Insider Activity

In related news, insider Jonathan S. Beatty sold 3,072 shares of the business’s stock in a transaction dated Wednesday, November 12th. The stock was 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 approximately $1,168,454. The trade was a 20.49% decrease in their ownership of the stock. The transaction 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 the firm’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 value of $792,766.10. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 14,667 shares of company stock worth $1,507,842. Insiders own 6.30% of the company’s stock.

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.