Charles Schwab (NYSE:SCHW) Insider Dennis Howard Sells 28,000 Shares of Stock

The Charles Schwab Corporation (NYSE:SCHW) insider Dennis Howard sold 28,000 shares of the stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $105.01, for a total value of $2,940,280.00. Following the transaction, the insider owned 10,470 shares in the company, valued at $1,099,454.70. This trade represents a 72.78% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Charles Schwab Price Performance

SCHW traded down $0.05 during midday trading on Thursday, hitting $104.42. 7,479,563 shares of the company traded hands, compared to its average volume of 8,219,969. The business has a 50 day simple moving average of $95.03 and a two-hundred day simple moving average of $95.42. The Charles Schwab Corporation has a 52-week low of $83.96 and a 52-week high of $107.50. The company has a market capitalization of $181.61 billion, a price-to-earnings ratio of 18.99, a PEG ratio of 0.80 and a beta of 0.77. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.48.

Charles Schwab (NYSE:SCHW) last released its earnings results on Tuesday, July 21st. The financial services provider reported $1.62 EPS for the quarter, topping analysts’ consensus estimates of $1.56 by $0.06. Charles Schwab had a net margin of 38.79% and a return on equity of 24.73%. The business had revenue of $7.07 billion during the quarter, compared to analysts’ expectations of $6.90 billion. During the same quarter in the previous year, the company earned $1.14 earnings per share. The company’s quarterly revenue was up 20.9% on a year-over-year basis. On average, equities analysts forecast that The Charles Schwab Corporation will post 6.46 earnings per share for the current fiscal year.

Charles Schwab Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 1.2%. The ex-dividend date is Friday, August 14th. Charles Schwab’s payout ratio is 23.27%.

Trending Headlines about Charles Schwab

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

• Positive Sentiment: Shareholder returns remain a major catalyst: Schwab reportedly plans to repurchase up to $20 billion of its shares. The buyback could reduce the share count, lift future EPS and signal confidence in the company’s valuation and cash generation. The company also confirmed a quarterly dividend of $0.32 per share, or $1.28 annualized. Charles Schwab to buy back $20 billion of stock
• Positive Sentiment: Strong earnings momentum: Schwab’s latest quarter exceeded expectations, with EPS of $1.62 versus the $1.56 consensus and revenue of $7.07 billion versus $6.90 billion. Revenue increased 20.9% year over year, reinforcing the growth case for the brokerage and wealth-management business. Charles Schwab earnings, buybacks and dividends analysis
• Positive Sentiment: Estimates and technical sentiment improved: Erste Group raised its FY2026 EPS forecast to $6.50 from $6.34 and its FY2027 forecast to $7.85 from $7.64. Commentary also points to a potential breakout and improving retail-investor bullishness, which could support trading activity and brokerage revenue. Schwab stock breakout analysis
• Positive Sentiment: New Austin-area office: Schwab announced a new office location in the Austin region, supporting its client-service and regional growth footprint, though the near-term financial impact is likely limited. Charles Schwab announces new Austin office
• Neutral Sentiment: Robo-adviser shutdown: Schwab is reportedly phasing out its robo-adviser platform. The decision could reduce expenses and sharpen focus on core offerings, but may weaken its appeal to younger, digitally focused investors. Why Charles Schwab is phasing out its robo-adviser
• Negative Sentiment: Large insider sales may weigh on sentiment: Chairman Walter Bettinger sold roughly $29.8 million of shares, while Nigel Murtagh sold approximately $3.4 million and Jonathan Beatty sold about $208,000. The trades were conducted under Rule 10b5-1 plans, making them weaker bearish signals, but their size could encourage profit-taking after SCHW’s recent advance.

Analyst Ratings Changes

Several equities analysts have recently weighed in on SCHW shares. UBS Group raised their target price on Charles Schwab from $122.00 to $128.00 and gave the company a “buy” rating in a research report on Wednesday, July 22nd. Piper Sandler set a $118.00 price objective on Charles Schwab in a research note on Tuesday, July 21st. Raymond James Financial restated an “outperform” rating and issued a $145.00 price objective on shares of Charles Schwab in a report on Wednesday, July 22nd. JPMorgan Chase & Co. lifted their target price on shares of Charles Schwab from $128.00 to $131.00 and gave the stock an “overweight” rating in a research note on Friday, April 17th. 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, sixteen have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $119.94.

Institutional Investors Weigh In On Charles Schwab

A number of large investors have recently made changes to their positions in SCHW. Norges Bank purchased a new position in Charles Schwab during the fourth quarter worth approximately $1,994,189,000. Bank of New York Mellon Corp grew its holdings 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 valued at $1,518,913,000 after buying an additional 3,009,884 shares in the last quarter. Primecap Management Co. CA increased its stake in shares of 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 during the last quarter. Focus Partners Wealth raised its holdings in shares of Charles Schwab by 716.5% during the 4th 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 1st quarter worth $129,140,000. 84.38% of the stock is currently owned by hedge funds and other institutional investors.

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.