The Charles Schwab Corporation $SCHW Stock Holdings Trimmed by AMI Asset Management Corp

AMI Asset Management Corp lowered its holdings in shares of The Charles Schwab Corporation (NYSE:SCHW) by 2.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 461,024 shares of the financial services provider’s stock after selling 11,243 shares during the period. Charles Schwab makes up 2.6% of AMI Asset Management Corp’s holdings, making the stock its 13th largest position. AMI Asset Management Corp’s holdings in Charles Schwab were worth $46,061,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Webster Bank N. A. increased its position in shares of Charles Schwab by 0.8% during the 4th quarter. Webster Bank N. A. now owns 34,661 shares of the financial services provider’s stock valued at $3,463,000 after purchasing an additional 292 shares during the period. Third View Private Wealth LLC acquired a new position in shares of Charles Schwab during the 4th quarter valued at $207,000. Asset Advisors Investment Management LLC increased its position in shares of Charles Schwab by 2.1% during the 4th quarter. Asset Advisors Investment Management LLC now owns 173,169 shares of the financial services provider’s stock valued at $17,301,000 after purchasing an additional 3,607 shares during the period. HBW Advisory Services LLC increased its position in shares of Charles Schwab by 7.7% during the 4th quarter. HBW Advisory Services LLC now owns 18,081 shares of the financial services provider’s stock valued at $1,807,000 after purchasing an additional 1,292 shares during the period. Finally, Whitener Capital Management Inc. increased its position in shares of Charles Schwab by 7.8% during the 4th quarter. Whitener Capital Management Inc. now owns 19,923 shares of the financial services provider’s stock valued at $1,991,000 after purchasing an additional 1,442 shares during the period. Institutional investors own 84.38% of the company’s stock.

Insiders Place Their Bets

In related news, insider Dennis Howard sold 27,903 shares of Charles Schwab stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $95.02, for a total value of $2,651,343.06. Following the transaction, the insider directly owned 10,470 shares in the company, valued at $994,859.40. The trade was a 72.72% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 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 value of $1,236,303.75. Following the transaction, 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 SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 413,568 shares of company stock worth $42,435,038. Corporate insiders own 6.30% of the company’s stock.

Charles Schwab Stock Performance

Shares of NYSE SCHW opened at $96.77 on Tuesday. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $168.19 billion, a price-to-earnings ratio of 20.77, a PEG ratio of 0.79 and a beta of 0.90. The stock’s fifty day simple moving average is $95.44 and its 200 day simple moving average is $96.37. The Charles Schwab Corporation has a 52-week low of $73.76 and a 52-week high of $107.50.

Charles Schwab (NYSE:SCHW) last issued its earnings results 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 for the quarter, compared to analysts’ expectations of $6.19 billion. Charles Schwab had a return on equity of 21.97% and a net margin of 37.01%.The company’s quarterly revenue was up 18.9% on a year-over-year basis. During the same period in the previous year, the firm posted $1.01 EPS. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. As a group, sell-side 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 announced a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 13th were issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Friday, February 13th. This is a positive change from Charles Schwab’s previous quarterly dividend of $0.27. Charles Schwab’s payout ratio is presently 27.47%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on SCHW shares. Piper Sandler lifted their price target on Charles Schwab from $100.00 to $105.00 and gave the company a “neutral” rating in a research report on Wednesday, January 14th. Truist Financial lowered their price target on Charles Schwab from $122.00 to $120.00 and set a “buy” rating on the stock in a research report on Wednesday, April 1st. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $131.00 price target on shares of Charles Schwab in a research report on Thursday, January 22nd. Barclays lowered their price target on Charles Schwab from $126.00 to $117.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 8th. Finally, Wolfe Research set a $120.00 price target on Charles Schwab in a research report on Monday, January 12th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $114.50.

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.