The Charles Schwab Corporation (NYSE:SCHW - Get Free Report) insider Nigel Murtagh sold 32,947 shares of the firm's stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $104.01, for a total value of $3,426,817.47. Following the completion of the sale, the insider directly owned 57,972 shares of the company's stock, valued at $6,029,667.72. The trade was a 36.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Charles Schwab Stock Performance
NYSE SCHW opened at $104.63 on Thursday. The company has a market cap of $181.97 billion, a P/E ratio of 19.02, a P/E/G ratio of 0.81 and a beta of 0.77. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.62 and a current ratio of 0.62. The business's 50 day moving average price is $94.75 and its 200-day moving average price is $95.39. The Charles Schwab Corporation has a fifty-two week low of $83.96 and a fifty-two week high of $107.50.
Charles Schwab (NYSE:SCHW - Get Free Report) last released its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $1.62 earnings per share for the quarter, beating the consensus estimate of $1.56 by $0.06. The company had revenue of $7.07 billion for the quarter, compared to analyst estimates of $6.90 billion. Charles Schwab had a return on equity of 24.73% and a net margin of 38.79%.Charles Schwab's quarterly revenue was up 20.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.14 EPS. Sell-side analysts predict that The Charles Schwab Corporation will post 6.46 earnings per share for the current year.
Charles Schwab Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be paid a $0.32 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $1.28 annualized dividend and a dividend yield of 1.2%. Charles Schwab's dividend payout ratio is currently 23.27%.
More Charles Schwab News
Here are the key news stories impacting Charles Schwab this week:
- Positive Sentiment: Large share repurchase planned: Schwab reportedly intends to buy back $20 billion of stock. The program could reduce shares outstanding, support future earnings per share and signal confidence in the company’s cash generation and valuation. Charles Schwab to buy back $20 billion of stock
- Positive Sentiment: Analysts raised earnings estimates: Erste Group increased its FY2026 EPS forecast to $6.50 from $6.34 and its FY2027 forecast to $7.85 from $7.64. The revisions reinforce the earnings outlook following Schwab’s latest quarterly beat, when revenue rose 20.9% year over year and EPS exceeded consensus. Charles Schwab analyst earnings estimates
- Positive Sentiment: Investment in market infrastructure: Schwab led a Series B funding round for Provable Markets, which is developing securities-finance technology covering pre-trade, execution and post-trade processes. The investment could provide strategic exposure to modernized trading infrastructure, although its direct financial impact is unclear. Provable Markets Series B funding
- Positive Sentiment: Solid fundamentals and shareholder returns: Recent quarterly results beat expectations, while Schwab also declared a quarterly dividend of $0.32 per share. Analysts maintain a broadly favorable “Moderate Buy” consensus with an average price target of $119.94. Charles Schwab earnings, dividend and analyst ratings
- Neutral Sentiment: Robo-adviser exit: Schwab is reportedly ditching its robo-adviser platform. The move may reduce costs and allow greater focus on core brokerage and wealth-management operations, but it could also mean giving up a channel for attracting younger and digitally oriented investors. Why Charles Schwab is ditching its robo-adviser platform
- Neutral Sentiment: CNBC identified Schwab as one of the financial firms connected to investment accounts disclosed by President Donald Trump. The association raises Schwab’s visibility but does not indicate a material change to its operating outlook. Financial firms connected to Trump investment accounts
- Negative Sentiment: Insider selling adds a modest caution signal: Several executives sold shares, including General Counsel Peter Morgan III and executives Jonathan Beatty and Nigel Murtagh. The transactions were made under pre-arranged Rule 10b5-1 plans, limiting their value as evidence of bearish convictions, but they may still weigh on sentiment.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the stock. Norges Bank bought a new stake in Charles Schwab during the 4th quarter valued at about $1,994,189,000. Bank of New York Mellon Corp grew its stake in Charles Schwab by 22.9% in the 1st quarter. Bank of New York Mellon Corp now owns 16,162,082 shares of the financial services provider's stock worth $1,518,913,000 after acquiring an additional 3,009,884 shares in the last quarter. Primecap Management Co. CA grew its stake in Charles Schwab by 9.7% in the 4th quarter. Primecap Management Co. CA now owns 23,276,071 shares of the financial services provider's stock worth $2,325,512,000 after acquiring an additional 2,066,884 shares in the last quarter. Focus Partners Wealth increased its position in shares of Charles Schwab by 716.5% during the fourth quarter. Focus Partners Wealth now owns 2,101,463 shares of the financial services provider's stock worth $209,948,000 after acquiring an additional 1,844,095 shares during the period. Finally, Vaughan Nelson Investment Management L.P. purchased a new position in shares of Charles Schwab during the first quarter worth approximately $129,140,000. 84.38% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
A number of equities analysts recently commented on the stock. Citigroup reaffirmed a "market outperform" rating on shares of Charles Schwab in a research note on Wednesday, July 22nd. Piper Sandler set a $118.00 price objective on shares of Charles Schwab in a research note on Tuesday, July 21st. Keefe, Bruyette & Woods initiated coverage on Charles Schwab in a research report on Wednesday, April 8th. They set an "outperform" rating and a $110.00 target price for the company. TD Cowen upped their target price on Charles Schwab from $108.00 to $109.00 and gave the company a "buy" rating in a research note on Friday, May 15th. Finally, Morgan Stanley increased their price target on Charles Schwab from $133.00 to $136.00 and gave the stock an "overweight" rating in a report on Monday. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $119.94.
Get Our Latest Stock Analysis on SCHW
Charles Schwab Company Profile
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Get Free Report)
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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