State of Alaska Department of Revenue Trims Stock Position in The Charles Schwab Corporation $SCHW

State of Alaska Department of Revenue cut its position in shares of The Charles Schwab Corporation (NYSE:SCHW) by 9.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 165,748 shares of the financial services provider’s stock after selling 17,610 shares during the period. State of Alaska Department of Revenue’s holdings in Charles Schwab were worth $16,559,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in SCHW. Primecap Management Co. CA raised its stake in shares of Charles Schwab by 11.4% in the 3rd quarter. Primecap Management Co. CA now owns 21,209,187 shares of the financial services provider’s stock valued at $2,024,841,000 after acquiring an additional 2,174,381 shares during the period. Mondrian Investment Partners LTD acquired a new position in shares of Charles Schwab in the third quarter valued at approximately $169,104,000. First Trust Advisors LP grew its holdings in shares of Charles Schwab by 292.7% in the third quarter. First Trust Advisors LP now owns 2,206,320 shares of the financial services provider’s stock valued at $210,637,000 after purchasing an additional 1,644,503 shares in the last quarter. Danske Bank A S acquired a new position in shares of Charles Schwab in the third quarter valued at approximately $142,594,000. Finally, Amundi grew its holdings in shares of Charles Schwab by 21.6% in the third quarter. Amundi now owns 6,982,838 shares of the financial services provider’s stock valued at $656,387,000 after purchasing an additional 1,238,813 shares in the last quarter. 84.38% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Charles Schwab news, General Counsel Peter J. Morgan III sold 7,595 shares of Charles Schwab stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $104.38, for a total value of $792,766.10. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, insider Dennis Howard sold 27,903 shares of Charles Schwab stock in a transaction 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 completion of 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 413,568 shares of company stock valued at $42,435,038 in the last quarter. Corporate insiders own 6.30% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on SCHW shares. Weiss Ratings upgraded shares of Charles Schwab from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 23rd. Barclays dropped their price objective on shares of Charles Schwab from $126.00 to $117.00 and set an “overweight” rating for the company in a report on Wednesday, April 8th. Truist Financial lowered their price target 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. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $131.00 price target on shares of Charles Schwab in a report on Thursday, January 22nd. Finally, Citigroup reiterated a “market outperform” rating on shares of Charles Schwab in a report on Monday, January 12th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Charles Schwab presently has a consensus rating of “Moderate Buy” and an average target price of $114.50.

Charles Schwab Trading Up 0.0%

NYSE SCHW opened at $94.81 on Monday. 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 Charles Schwab Corporation has a 52 week low of $72.80 and a 52 week high of $107.50. The stock has a market capitalization of $164.79 billion, a PE ratio of 20.35, a price-to-earnings-growth ratio of 0.79 and a beta of 0.90. The firm has a 50 day moving average of $95.61 and a two-hundred day moving average of $96.36.

Charles Schwab (NYSE:SCHW) last issued its quarterly earnings data on Wednesday, January 21st. The financial services provider reported $1.39 earnings per share for the quarter, topping the consensus estimate 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 revenue was up 18.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.01 EPS. 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 EPS for the current fiscal year.

Charles Schwab Increases Dividend

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

Key Charles Schwab News

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

• Positive Sentiment: Morgan Stanley highlighted exchanges and brokers including Charles Schwab as defensive picks, which supports demand for SCHW as a lower-volatility financial exposure. CME, Nasdaq, Charles Schwab Cited as Defensive Picks Among Exchanges, Brokers, Morgan Stanley Says
• Positive Sentiment: Keefe, Bruyette & Woods initiated coverage of SCHW, an event that often boosts visibility and can attract new institutional interest. Charles Schwab (NYSE:SCHW) Coverage Initiated at Keefe, Bruyette & Woods
• Positive Sentiment: Zacks highlights that Schwab’s earnings are expected to grow and frames the setup for a likely beat, which could support the stock if results meet or exceed expectations. The Charles Schwab Corporation (SCHW) Earnings Expected to Grow: Should You Buy?
• Neutral Sentiment: Morgan Stanley lowered its price target from $148 to $135 but kept an “overweight” rating — still bullish on the name long term even as their near-term valuation was trimmed. Morgan Stanley price target note (Benzinga)
• Neutral Sentiment: UBS cut its target from $125 to $119 but retained a “buy” rating; mixed signals as price targets come down while conviction remains. UBS lowers Schwab price target (Benzinga)
• Neutral Sentiment: Analysts are reworking models and trimmed a modeled fair value slightly (from ~$120.32 to ~$118), reflecting debate over execution and sector outlook rather than a consensus downgrade. How The Charles Schwab (SCHW) Story Is Evolving As Analysts Rework Targets And Assumptions
• Neutral Sentiment: Schwab research on crypto allocations (bitcoin up to ~22.4% in some portfolios) is product/research-driven and may influence long-term asset flows rather than immediate stock moves. Charles Schwab Identifies 2 Crypto Allocation Approaches Driving Bitcoin Weights as High as 22.4%
• Neutral Sentiment: Feature/retrospective pieces on Schwab’s long-term returns and growth interest investors but are less likely to move the stock immediately. If You Invested $1000 in The Charles Schwab Corporation a Decade Ago, This is How Much It’d Be Worth Now
• Negative Sentiment: Erste Group cut its FY2027 EPS estimate for SCHW, a direct hit to near-term earnings expectations and a clear negative for the share price. Charles Schwab FY2027 EPS Estimate Cut by Erste Group Bank
• Negative Sentiment: Operational actions such as the planned closure of the downtown Portland branch are minor but add to headlines about cost/footprint adjustments. Charles Schwab to close downtown Portland branch

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.