Delaney Dennis R Has $1.89 Million Stock Position in The Charles Schwab Corporation $SCHW

Delaney Dennis R raised its holdings in The Charles Schwab Corporation (NYSE:SCHW) by 58.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 19,765 shares of the financial services provider’s stock after buying an additional 7,265 shares during the quarter. Delaney Dennis R’s holdings in Charles Schwab were worth $1,887,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. West Branch Capital LLC acquired a new position in shares of Charles Schwab during the 3rd quarter valued at $27,000. Redmont Wealth Advisors LLC bought a new stake in Charles Schwab in the third quarter valued at $34,000. Evelyn Partners Asset Management Ltd acquired a new position in shares of Charles Schwab during the second quarter valued at about $33,000. Howard Hughes Medical Institute bought a new position in shares of Charles Schwab during the 2nd quarter worth about $34,000. Finally, Steph & Co. boosted its position in shares of Charles Schwab by 74.7% during the 3rd quarter. Steph & Co. now owns 386 shares of the financial services provider’s stock worth $37,000 after purchasing an additional 165 shares in the last quarter. 84.38% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Charles Schwab news, General Counsel Peter J. Morgan III sold 7,595 shares of the business’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 transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Christopher V. Dodds sold 11,825 shares of the company’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $104.55, for a total value of $1,236,303.75. Following the completion of the transaction, the director owned 449,406 shares of the company’s stock, valued at $46,985,397.30. This trade represents a 2.56% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 348,344 shares of company stock valued at $36,259,555. 6.30% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Wolfe Research set a $120.00 price target on Charles Schwab in a research note on Monday, January 12th. UBS Group upped their price objective on shares of Charles Schwab from $123.00 to $125.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Citizens Jmp raised their price objective on shares of Charles Schwab from $110.00 to $120.00 and gave the company a “market outperform” rating in a research note on Monday, January 12th. Bank of America boosted their target price on shares of Charles Schwab from $88.00 to $91.00 and gave the stock an “underperform” rating in a research report on Wednesday, December 10th. Finally, Truist Financial upped their target price on shares of Charles Schwab from $120.00 to $122.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $115.95.

Charles Schwab Stock Performance

Shares of SCHW stock opened at $93.85 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.58 and a quick ratio of 0.58. The firm has a 50-day moving average of $100.62 and a 200-day moving average of $96.58. The Charles Schwab Corporation has a one year low of $65.88 and a one year high of $107.50. The company has a market cap of $166.77 billion, a P/E ratio of 20.14, a P/E/G ratio of 0.77 and a beta of 0.94.

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

Charles Schwab Increases Dividend

The firm also recently declared 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. 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 1.4%. Charles Schwab’s dividend payout ratio (DPR) is 27.47%.

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.