Key Points
- Director Frank C. Herringer sold 2,520 shares at an average price of $90.60 on April 28 (proceeds ~$228,312), trimming his stake to 177,508 shares (a ~1.4% reduction) as disclosed in an SEC Form 4.
- Charles Schwab beat quarterly estimates with $1.43 EPS vs. $1.39 expected and $6.48B revenue vs. $6.39B, and set FY2026 guidance of 5.70–5.80 EPS (analysts' consensus ~5.98).
- The company announced a quarterly dividend of $0.32 (annualized $1.28, yield ~1.4%, ex-dividend May 8, payable May 22) and returned roughly $4.58B via share buybacks over the prior 12 months.
The Charles Schwab Corporation (NYSE:SCHW - Get Free Report) Director Frank Herringer sold 2,520 shares of the business's stock in a transaction that occurred on Tuesday, April 28th. The shares were sold at an average price of $90.60, for a total value of $228,312.00. Following the sale, the director owned 177,508 shares of the company's stock, valued at approximately $16,082,224.80. This represents a 1.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Charles Schwab Trading Up 0.4%
NYSE SCHW opened at $91.16 on Thursday. The company has a market cap of $158.44 billion, a price-to-earnings ratio of 18.09, a P/E/G ratio of 0.72 and a beta of 0.90. The Charles Schwab Corporation has a 52 week low of $79.47 and a 52 week high of $107.50. The business has a 50 day moving average price of $93.91 and a 200-day moving average price of $96.23. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 0.52.
Charles Schwab (NYSE:SCHW - Get Free Report) last released its quarterly earnings data on Thursday, April 16th. The financial services provider reported $1.43 EPS for the quarter, beating the consensus estimate of $1.39 by $0.04. The firm had revenue of $6.48 billion during the quarter, compared to the consensus estimate of $6.39 billion. Charles Schwab had a return on equity of 23.03% and a net margin of 37.99%.The company's quarterly revenue was up 15.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.04 earnings per share. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. As a group, equities analysts expect that The Charles Schwab Corporation will post 5.98 earnings per share for the current fiscal year.
Charles Schwab Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, May 22nd. Investors of record on Friday, May 8th will be given a dividend of $0.32 per share. The ex-dividend date of this dividend is Friday, May 8th. This represents a $1.28 annualized dividend and a dividend yield of 1.4%. Charles Schwab's payout ratio is presently 25.40%.
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on SCHW. Jefferies Financial Group cut their target price on Charles Schwab from $122.00 to $118.00 and set a "buy" rating on the stock in a research report on Monday, April 6th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $127.00 target price on shares of Charles Schwab in a research report on Friday, April 17th. Weiss Ratings raised Charles Schwab from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday, March 23rd. JPMorgan Chase & Co. lifted their target price on Charles Schwab from $128.00 to $131.00 and gave the company an "overweight" rating in a research report on Friday, April 17th. Finally, Morgan Stanley cut their target price on Charles Schwab from $135.00 to $125.00 and set an "overweight" rating on the stock in a research report on Friday, April 17th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $114.00.
Read Our Latest Stock Analysis on SCHW
Key Charles Schwab News
Here are the key news stories impacting Charles Schwab this week:
- Positive Sentiment: Erste Group raised earnings forecasts — the firm boosted FY2026 EPS to about $6.01 and lifted FY2027 to roughly $7.04, improving Schwab’s forward earnings outlook and implying stronger organic/fee revenue or margin gains. Erste Group estimate notes
- Positive Sentiment: Material share buybacks: Schwab repurchased roughly $4.58 billion of stock in the 12 months through Sept. 2025 — a tangible capital return that supports EPS and valuation per share. A Target Cut Could Be Missing The Bigger Growth Story
- Neutral Sentiment: Corporate research and brand initiatives: Schwab’s consumer surveys (teen investing interest, investor complexity) and advisor/custody footprint stories reinforce long‑term client acquisition and advisory demand, a structural tailwind but not an immediate earnings shock. Teens Interested in Investing
- Neutral Sentiment: RIA custodian pricing remains highly customized — Schwab services ~16,000 RIAs with many fee structures; this highlights recurring revenue diversity but also fee negotiation risk for margins. What do RIAs pay for Schwab as custodian?
- Neutral Sentiment: Market/peer volatility: heavy crypto weakness (Robinhood earnings misses) is pressuring broker sentiment and could temporarily reduce trading volumes industry‑wide, though Schwab’s more diversified model limits direct exposure. Robinhood Earnings Sink
- Negative Sentiment: Several brokerages trimmed price targets (Argus, TD Cowen among others) while keeping Buy ratings — this narrows upside expectations and may prompt some investors to lock in gains. Capitalizing on Business Momentum & Diversified Model
- Negative Sentiment: Insider selling: Director Frank C. Herringer sold 2,520 shares at about $90.60 (disclosed Apr. 28) — a modest reduction in insider ownership that can be perceived negatively even though the stake remains large. SEC Form 4 – Insider Sale
Institutional Trading of Charles Schwab
Several hedge funds have recently made changes to their positions in the company. Souders Financial Advisors raised its stake in shares of Charles Schwab by 2.3% in the fourth quarter. Souders Financial Advisors now owns 4,341 shares of the financial services provider's stock valued at $434,000 after buying an additional 98 shares during the period. Lantz Financial LLC raised 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 buying an additional 99 shares during the period. Roberts Wealth Advisors LLC raised 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 buying an additional 105 shares during the period. Essex Financial Services Inc. raised its stake in shares of Charles Schwab by 0.8% in the fourth quarter. Essex Financial Services Inc. now owns 12,833 shares of the financial services provider's stock valued at $1,282,000 after buying an additional 105 shares during the period. Finally, Harfst & Associates Inc. raised 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 buying an additional 107 shares during the period. 84.38% of the stock is currently owned by institutional investors.
About Charles Schwab
(
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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.
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