The Charles Schwab Corporation $SCHW is Delta Capital Management LLC’s 8th Largest Position

Delta Capital Management LLC decreased its holdings in shares of The Charles Schwab Corporation (NYSE:SCHW) by 14.0% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 45,385 shares of the financial services provider’s stock after selling 7,360 shares during the period. Charles Schwab accounts for about 1.7% of Delta Capital Management LLC’s portfolio, making the stock its 8th largest position. Delta Capital Management LLC’s holdings in Charles Schwab were worth $4,534,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Brighton Jones LLC lifted its holdings in Charles Schwab by 380.5% during the fourth quarter. Brighton Jones LLC now owns 24,240 shares of the financial services provider’s stock worth $1,794,000 after buying an additional 19,195 shares during the period. Sivia Capital Partners LLC increased its holdings in shares of Charles Schwab by 21.6% in the 2nd quarter. Sivia Capital Partners LLC now owns 4,553 shares of the financial services provider’s stock valued at $415,000 after acquiring an additional 809 shares during the period. United Bank raised its position in shares of Charles Schwab by 7.1% in the 2nd quarter. United Bank now owns 16,053 shares of the financial services provider’s stock worth $1,465,000 after acquiring an additional 1,070 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Charles Schwab by 4.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 141,368 shares of the financial services provider’s stock worth $12,898,000 after purchasing an additional 5,676 shares during the last quarter. Finally, Loomis Sayles & Co. L P purchased a new stake in shares of Charles Schwab during the 2nd quarter worth $36,000. Institutional investors own 84.38% of the company’s stock.

Charles Schwab Trading Up 0.5%

Charles Schwab stock opened at $92.85 on Tuesday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.62 and a current ratio of 0.62. The stock has a market cap of $162.69 billion, a PE ratio of 19.92, a price-to-earnings-growth ratio of 0.74 and a beta of 0.93. The stock has a 50-day moving average of $97.16 and a two-hundred day moving average of $96.27. The Charles Schwab Corporation has a one year low of $65.88 and a one year high of $107.50.

Charles Schwab (NYSE:SCHW) last issued its quarterly earnings results on Wednesday, January 21st. The financial services provider reported $1.39 earnings per share for the quarter, topping analysts’ consensus estimates of $1.32 by $0.07. Charles Schwab had a return on equity of 21.97% and a net margin of 37.01%.The business had revenue of $6.34 billion for the quarter, compared to analyst estimates of $6.19 billion. During the same quarter in the previous year, the firm earned $1.01 earnings per share. The company’s revenue was up 18.9% on a year-over-year basis. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. On average, research analysts anticipate that The Charles Schwab Corporation will post 4.22 EPS for the current fiscal year.

Charles Schwab Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 13th were given a dividend of $0.32 per share. The ex-dividend date of this dividend was Friday, February 13th. This represents a $1.28 annualized dividend and a yield of 1.4%. This is a boost from Charles Schwab’s previous quarterly dividend of $0.27. Charles Schwab’s payout ratio is presently 27.47%.

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. Piper Sandler lifted their target price on Charles Schwab from $100.00 to $105.00 and gave the company a “neutral” rating in a research note on Wednesday, January 14th. Truist Financial increased their price target on shares of Charles Schwab from $120.00 to $122.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. Wolfe Research set a $120.00 price target on shares of Charles Schwab in a report on Monday, January 12th. Morgan Stanley lifted their price objective on shares of Charles Schwab from $139.00 to $148.00 and gave the stock an “overweight” rating in a research report on Monday, December 22nd. Finally, Citigroup reissued a “market outperform” rating on shares of Charles Schwab in a research report on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $115.95.

Insider Buying and Selling at Charles Schwab

In other Charles Schwab news, insider Dennis Howard sold 27,903 shares of the company’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $95.02, for a total transaction of $2,651,343.06. Following the transaction, the insider owned 10,470 shares in the company, valued at approximately $994,859.40. This represents a 72.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, General Counsel Peter J. Morgan III sold 7,595 shares of Charles Schwab stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $104.38, for a total transaction of $792,766.10. The SEC filing for this sale provides additional information. Insiders have sold a total of 413,568 shares of company stock worth $42,435,038 in the last three months. 6.30% of the stock is owned by company insiders.

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.