The Charles Schwab Corporation $SCHW Stock Position Decreased by Central Pacific Bank Trust Division

Central Pacific Bank Trust Division lowered its holdings in The Charles Schwab Corporation (NYSE:SCHW) by 11.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 70,553 shares of the financial services provider’s stock after selling 9,033 shares during the period. Charles Schwab comprises about 0.9% of Central Pacific Bank Trust Division’s investment portfolio, making the stock its 17th biggest holding. Central Pacific Bank Trust Division’s holdings in Charles Schwab were worth $7,049,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Norges Bank acquired a new stake in Charles Schwab in the second quarter worth $1,889,858,000. Brown Advisory Inc. grew its position in shares of Charles Schwab by 88.4% during the second quarter. Brown Advisory Inc. now owns 12,162,260 shares of the financial services provider’s stock worth $1,109,687,000 after acquiring an additional 5,708,208 shares during the last quarter. Primecap Management Co. CA grew its position in shares of Charles Schwab by 11.4% during the third quarter. Primecap Management Co. CA now owns 21,209,187 shares of the financial services provider’s stock worth $2,024,841,000 after acquiring an additional 2,174,381 shares during the last quarter. Mondrian Investment Partners LTD acquired a new stake in shares of Charles Schwab in the 3rd quarter worth about $169,104,000. Finally, First Trust Advisors LP lifted its position in Charles Schwab by 292.7% in the 3rd quarter. First Trust Advisors LP now owns 2,206,320 shares of the financial services provider’s stock valued at $210,637,000 after purchasing an additional 1,644,503 shares during the last quarter. 84.38% of the stock is owned by institutional investors.

Insider Activity

In other news, Chairman Walter W. Bettinger sold 67,514 shares of Charles Schwab stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $104.25, for a total value of $7,038,334.50. Following the transaction, the chairman directly owned 529,346 shares of the company’s stock, valued at $55,184,320.50. This trade represents a 11.31% decrease in their ownership of the stock. 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 business’s stock in a transaction that occurred 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 sale, the director owned 449,406 shares in the company, valued at $46,985,397.30. This represents a 2.56% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 415,568 shares of company stock worth $42,639,058. 6.30% of the stock is owned by company insiders.

Charles Schwab Price Performance

NYSE SCHW opened at $94.66 on Friday. The Charles Schwab Corporation has a 1 year low of $65.88 and a 1 year high of $107.50. The business’s fifty day moving average is $98.15 and its two-hundred day moving average is $96.25. The stock has a market capitalization of $165.86 billion, a P/E ratio of 20.31, a P/E/G ratio of 0.76 and a beta of 0.93. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.62 and a current 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 for the quarter, topping the consensus estimate of $1.32 by $0.07. The business had revenue of $6.34 billion during the quarter, compared to analyst estimates of $6.19 billion. Charles Schwab had a return on equity of 21.97% and a net margin of 37.01%.The company’s revenue was up 18.9% compared to the same quarter last year. During the same period last year, the company posted $1.01 EPS. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. On average, research analysts forecast that The Charles Schwab Corporation will post 4.22 earnings per share for the current fiscal year.

Charles Schwab Increases Dividend

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

Analyst Upgrades and Downgrades

Several brokerages have commented on SCHW. Barclays raised 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. UBS Group raised their target price on Charles Schwab from $123.00 to $125.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. Bank of America lifted their target price on Charles Schwab from $88.00 to $91.00 and gave the company an “underperform” rating in a research note on Wednesday, December 10th. Citizens Jmp increased their price target 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. Finally, Citigroup reissued a “market outperform” rating on shares of Charles Schwab in a report on Monday, January 12th. One investment 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 MarketBeat, Charles Schwab presently has an average rating of “Moderate Buy” and a consensus price target of $115.95.

About Charles Schwab

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.