Brokerages Set The Charles Schwab Corporation (NYSE:SCHW) PT at $121.17

Shares of The Charles Schwab Corporation (NYSE:SCHW) have been assigned an average recommendation of “Moderate Buy” from the twenty-one ratings firms that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, sixteen have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $121.1667.

A number of equities research analysts recently issued reports on the stock. Argus upped their price objective on shares of Charles Schwab from $108.00 to $114.00 and gave the company a “buy” rating in a report on Thursday, July 23rd. Barclays lifted their target price on shares of Charles Schwab from $122.00 to $125.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 22nd. Citigroup reiterated a “market outperform” rating on shares of Charles Schwab in a report on Wednesday, July 22nd. Wolfe Research reissued an “outperform” rating and issued a $127.00 price target on shares of Charles Schwab in a research note on Tuesday, July 21st. Finally, Morgan Stanley raised their price target on shares of Charles Schwab from $133.00 to $136.00 and gave the stock an “overweight” rating in a report on Monday, July 27th.

Insider Buying and Selling

In other Charles Schwab news, Chairman Walter W. Bettinger sold 192,488 shares of Charles Schwab stock in a transaction on Monday, July 27th. The stock was sold at an average price of $103.90, for a total value of $19,999,503.20. Following the sale, the chairman owned 529,346 shares in the company, valued at $54,999,049.40. The trade was a 26.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Nigel J. Murtagh sold 32,947 shares of the company’s stock in a transaction 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 transaction, the insider directly owned 57,972 shares in the company, valued at approximately $6,029,667.72. This trade represents a 36.24% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 575,194 shares of company stock valued at $61,697,642 in the last ninety days. Company insiders own 6.30% of the company’s stock.

Hedge Funds Weigh In On Charles Schwab

Several large investors have recently made changes to their positions in SCHW. Washington Trust Advisors Inc. raised its position in Charles Schwab by 118.0% in the second quarter. Washington Trust Advisors Inc. now owns 447 shares of the financial services provider’s stock valued at $41,000 after purchasing an additional 242 shares during the period. Saudi Central Bank grew its stake in shares of Charles Schwab by 85.5% in the second quarter. Saudi Central Bank now owns 115,584 shares of the financial services provider’s stock valued at $10,665,000 after buying an additional 53,275 shares in the last quarter. Compass Financial Management LLC acquired a new stake in shares of Charles Schwab in the second quarter valued at $27,000. Munich Reinsurance Co Stock Corp in Munich raised its holdings in shares of Charles Schwab by 9.8% in the 2nd quarter. Munich Reinsurance Co Stock Corp in Munich now owns 159,656 shares of the financial services provider’s stock valued at $14,731,000 after buying an additional 14,246 shares during the period. Finally, Raiffeisen Bank International AG raised its holdings in shares of Charles Schwab by 99.2% in the 2nd quarter. Raiffeisen Bank International AG now owns 63,127 shares of the financial services provider’s stock valued at $5,716,000 after buying an additional 31,442 shares during the period. 84.38% of the stock is currently owned by institutional investors and hedge funds.

Charles Schwab Stock Performance

NYSE SCHW opened at $110.35 on Friday. The stock has a market capitalization of $190.83 billion, a price-to-earnings ratio of 20.06, a PEG ratio of 0.83 and a beta of 0.76. The stock has a 50-day moving average of $103.42 and a 200 day moving average of $96.32. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 0.52. Charles Schwab has a twelve month low of $83.96 and a twelve month high of $114.53.

Charles Schwab (NYSE:SCHW) last announced its earnings results on Tuesday, July 21st. The financial services provider reported $1.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.56 by $0.06. The business had revenue of $7.07 billion for the quarter, compared to analyst estimates of $6.90 billion. Charles Schwab had a net margin of 38.79% and a return on equity of 24.53%. The company’s revenue for the quarter was up 20.9% compared to the same quarter last year. During the same quarter last year, the business earned $1.14 earnings per share. Sell-side analysts anticipate that Charles Schwab will post 6.46 EPS for the current fiscal year.

Charles Schwab Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Friday, August 14th were given a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 1.2%. The ex-dividend date was Friday, August 14th. Charles Schwab’s dividend payout ratio is presently 23.27%.

Trending Headlines about Charles Schwab

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

• Positive Sentiment: Schwab plans to add Solana, Avalanche and Chainlink to its direct crypto-trading platform, expanding beyond Bitcoin and Ethereum across its 39.9 million accounts. The move could attract additional trading activity, younger investors and digital-asset revenue, although actual demand remains uncertain. Charles Schwab expands crypto access
• Positive Sentiment: Beginning next year, Schwab will refer clients with at least $5 million in investible assets to external financial advisors. The higher threshold reflects increasing use of the referral program by wealthy clients and may improve the quality and economics of Schwab’s advisor relationships. Schwab hikes minimum for client referrals
• Positive Sentiment: Analyst commentary continues to cite Schwab’s scale, active-trading exposure, technology investments and potential benefit from the Federal Reserve’s next rate move. The stock retains a consensus “Moderate Buy” rating, while recent quarterly results beat estimates on earnings and revenue. Financial stocks positioned for the Fed’s next move
• Positive Sentiment: Schwab’s Digital Account Opening API is now live through OneVest, broadening fintech and wealth-management integrations and potentially increasing adoption of Schwab’s custody and platform services. Charles Schwab opens Digital Account API
• Neutral Sentiment: Market volatility and interest-rate expectations remain important swing factors. Greater volatility could support trading and options activity, while falling or changing rates can affect Schwab’s bank-sweep balances and net interest revenue.
• Negative Sentiment: Vanguard’s planned acquisition of Altruist could intensify competition with Schwab for independent advisors and custody assets, potentially increasing technology spending and pricing pressure. Vanguard’s Altruist acquisition
• Negative Sentiment: Chairman Walter Bettinger sold 176,210 shares worth approximately $20 million, reducing his direct ownership by 22.4%. Although insider sales do not necessarily signal deteriorating fundamentals, the transaction may weigh on investor sentiment after SCHW’s strong rally. Charles Schwab chairman insider sale

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.