ARQ Wealth Advisors LLC Makes New $743,000 Investment in The Charles Schwab Corporation $SCHW

ARQ Wealth Advisors LLC acquired a new stake in shares of The Charles Schwab Corporation (NYSE:SCHW) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 7,785 shares of the financial services provider’s stock, valued at approximately $743,000.

Other large investors have also made changes to their positions in the company. Federated Hermes Inc. grew its stake in Charles Schwab by 2,112.7% in the 2nd quarter. Federated Hermes Inc. now owns 181,793 shares of the financial services provider’s stock valued at $16,587,000 after acquiring an additional 173,577 shares during the period. First National Trust Co increased its holdings in Charles Schwab by 82.2% in the 3rd quarter. First National Trust Co now owns 89,224 shares of the financial services provider’s stock worth $8,518,000 after acquiring an additional 40,257 shares in the last quarter. AE Wealth Management LLC raised its position in Charles Schwab by 131.0% during the third quarter. AE Wealth Management LLC now owns 99,832 shares of the financial services provider’s stock worth $9,531,000 after acquiring an additional 56,609 shares during the period. Optimize Financial Inc acquired a new position in Charles Schwab during the third quarter worth $467,000. Finally, Nordea Investment Management AB grew its position in shares of Charles Schwab by 11.2% in the third quarter. Nordea Investment Management AB now owns 3,040,864 shares of the financial services provider’s stock valued at $291,436,000 after purchasing an additional 305,904 shares during the period. 84.38% of the stock is owned by hedge funds and other institutional investors.

Charles Schwab Stock Up 0.3%

Shares of NYSE:SCHW opened at $93.95 on Wednesday. The firm has a market capitalization of $164.62 billion, a PE ratio of 20.16, a price-to-earnings-growth ratio of 0.75 and a beta of 0.93. The firm’s 50-day moving average is $98.58 and its two-hundred day moving average is $96.29. The Charles Schwab Corporation has a 1 year low of $65.88 and a 1 year high of $107.50. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.62 and a quick ratio of 0.62.

Charles Schwab (NYSE:SCHW) last released its quarterly earnings data 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 21.97%. The business had revenue of $6.34 billion during the quarter, compared to analysts’ expectations of $6.19 billion. During the same period in the previous year, the company earned $1.01 EPS. The company’s revenue for the quarter was up 18.9% on a year-over-year basis. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. Analysts predict that The Charles Schwab Corporation will post 4.22 EPS for the current year.

Charles Schwab Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 13th were paid a $0.32 dividend. This is an increase from Charles Schwab’s previous quarterly dividend of $0.27. This represents a $1.28 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date was Friday, February 13th. Charles Schwab’s dividend payout ratio (DPR) is presently 27.47%.

Insiders Place Their Bets

In related news, Chairman Walter W. Bettinger sold 67,514 shares of the stock in a transaction on Friday, February 6th. The shares were sold at an average price of $104.25, for a total transaction of $7,038,334.50. Following the completion of the sale, the chairman owned 529,346 shares in the company, valued at $55,184,320.50. This represents a 11.31% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Christopher V. Dodds sold 11,825 shares of Charles Schwab stock in a transaction on Friday, February 6th. The shares were sold at an average price of $104.55, for a total transaction of $1,236,303.75. Following the completion of the transaction, the director owned 449,406 shares in the company, valued at approximately $46,985,397.30. This represents a 2.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 415,568 shares of company stock valued at $42,639,058. 6.30% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. Piper Sandler boosted their target price on shares of Charles Schwab from $100.00 to $105.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 14th. Raymond James Financial reaffirmed an “outperform” rating and issued a $114.00 price target on shares of Charles Schwab in a research note on Monday, January 5th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $131.00 target price on shares of Charles Schwab in a research report on Thursday, January 22nd. TD Cowen lifted their price target on Charles Schwab from $135.00 to $138.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Charles Schwab in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $115.95.

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.