Daytona Street Capital LLC Acquires New Position in The Charles Schwab Corporation $SCHW

Daytona Street Capital LLC acquired a new stake in The Charles Schwab Corporation (NYSE:SCHW) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 16,860 shares of the financial services provider’s stock, valued at approximately $1,684,000. Charles Schwab accounts for 1.1% of Daytona Street Capital LLC’s investment portfolio, making the stock its 26th largest holding.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Lantz Financial LLC lifted its stake in shares of Charles Schwab by 3.1% in the fourth quarter. Lantz Financial LLC now owns 3,243 shares of the financial services provider’s stock valued at $324,000 after purchasing an additional 99 shares during the period. Roberts Wealth Advisors LLC lifted its stake in shares of Charles Schwab by 0.5% in the fourth quarter. Roberts Wealth Advisors LLC now owns 22,961 shares of the financial services provider’s stock valued at $2,294,000 after purchasing an additional 105 shares during the period. ZWJ Investment Counsel Inc. lifted its stake in shares of Charles Schwab by 4.6% in the third quarter. ZWJ Investment Counsel Inc. now owns 2,390 shares of the financial services provider’s stock valued at $228,000 after purchasing an additional 106 shares during the period. First PREMIER Bank lifted its stake in shares of Charles Schwab by 23.8% in the third quarter. First PREMIER Bank now owns 557 shares of the financial services provider’s stock valued at $53,000 after purchasing an additional 107 shares during the period. Finally, Harfst & Associates Inc. lifted its stake in shares of Charles Schwab by 0.3% in the third quarter. Harfst & Associates Inc. now owns 33,724 shares of the financial services provider’s stock valued at $3,220,000 after purchasing an additional 107 shares during the period. Institutional investors and hedge funds own 84.38% of the company’s stock.

Wall Street Analyst Weigh In

SCHW has been the subject of several recent analyst reports. Citigroup reiterated a “market outperform” rating on shares of Charles Schwab in a research note on Monday, January 12th. Bank of America raised their target price on shares of Charles Schwab from $88.00 to $91.00 and gave the company an “underperform” rating in a report on Wednesday, December 10th. Citizens Jmp raised their target price on shares of Charles Schwab from $110.00 to $120.00 and gave the company a “market outperform” rating in a report on Monday, January 12th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $131.00 target price on shares of Charles Schwab in a report on Thursday, January 22nd. Finally, Truist Financial dropped their target price on shares of Charles Schwab from $122.00 to $120.00 and set a “buy” rating for the company in a report on Wednesday, April 1st. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Charles Schwab presently has a consensus rating of “Moderate Buy” and an average price target of $115.95.

Insider Buying and Selling at Charles Schwab

In other news, insider Dennis Howard sold 10,108 shares of Charles Schwab stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $94.60, for a total transaction of $956,216.80. Following the completion of the sale, the insider directly owned 10,470 shares in the company, valued at $990,462. The trade was a 49.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Christopher V. Dodds sold 11,825 shares of Charles Schwab stock in a transaction dated Friday, February 6th. The stock was 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 of the company’s stock, valued at approximately $46,985,397.30. This trade represents a 2.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 413,568 shares of company stock valued at $42,435,038. Corporate insiders own 6.30% of the company’s stock.

Charles Schwab Stock Performance

NYSE:SCHW opened at $92.99 on Tuesday. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.52. The firm has a 50-day moving average price of $96.26 and a two-hundred day moving average price of $96.31. The Charles Schwab Corporation has a twelve month low of $65.88 and a twelve month high of $107.50. The company has a market capitalization of $161.62 billion, a P/E ratio of 19.95, a price-to-earnings-growth ratio of 0.78 and a beta of 0.90.

Charles Schwab (NYSE:SCHW) last issued its quarterly earnings results on Wednesday, January 21st. The financial services provider reported $1.39 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 21.97%. The company’s quarterly revenue was up 18.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.01 earnings per share. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. As a group, research analysts expect that The Charles Schwab Corporation will post 4.22 earnings per share for the current fiscal year.

Charles Schwab Increases Dividend

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

Key Charles Schwab News

Here are the key news stories impacting Charles Schwab this week:

• Positive Sentiment: Schwab plans to launch spot crypto trading in the first half of 2026, starting with Bitcoin and Ethereum, expanding Schwab Crypto beyond custody/ETF exposure and offering direct buy/sell access to clients — a long-term revenue and client-asset growth opportunity. Schwab Moves Deeper Into Crypto With Spot Trading Plans for 2026
• Positive Sentiment: Schwab announced it is adding Bitcoin and Ethereum trading to its brokerage platform (with waitlists/early access), signaling faster rollout of client-facing crypto services that could increase trading volumes and attract younger or crypto-native clients. Charles Schwab Adds Bitcoin and Ethereum Crypto Trading to Brokerage Platform
• Positive Sentiment: Schwab opened sign-ups/waitlists for Schwab Crypto, indicating measured rollout and client demand; this is the next step beyond ETF exposure and could expand fee opportunities if adoption is strong. Schwab’s Bitcoin and Ethereum Waitlist Signals Next Step Beyond ETFs
• Neutral Sentiment: Jefferies trimmed its price target on SCHW from $122 to $118 but kept a Buy rating, signaling continued analyst conviction in Schwab’s longer-term thesis while moderating near-term upside expectations. Benzinga
• Negative Sentiment: Schwab’s proprietary STAX trading-activity index fell to 56.04 in March (the steepest monthly drop since May 2025), driven by client caution as geopolitical risk rose — a sign trading revenues could weaken if lower retail activity persists. Schwab Trading Activity Index™: STAX Score Sees Steepest Monthly Drop Since May 2025

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.