The Charles Schwab Corporation $SCHW Shares Acquired by iA Global Asset Management Inc.

iA Global Asset Management Inc. grew its holdings in The Charles Schwab Corporation (NYSE:SCHW) by 9.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 106,033 shares of the financial services provider’s stock after buying an additional 8,819 shares during the quarter. iA Global Asset Management Inc.’s holdings in Charles Schwab were worth $10,594,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. Vanguard Group Inc. raised its position in shares of Charles Schwab by 0.3% in the third quarter. Vanguard Group Inc. now owns 151,585,214 shares of the financial services provider’s stock valued at $14,471,840,000 after buying an additional 403,133 shares during the last quarter. State Street Corp raised its position in shares of Charles Schwab by 1.0% in the third quarter. State Street Corp now owns 73,156,290 shares of the financial services provider’s stock valued at $6,984,231,000 after buying an additional 691,671 shares during the last quarter. Fisher Asset Management LLC raised its position in shares of Charles Schwab by 1.3% in the third quarter. Fisher Asset Management LLC now owns 21,646,588 shares of the financial services provider’s stock valued at $2,066,600,000 after buying an additional 269,898 shares during the last quarter. Primecap Management Co. CA raised its position in shares of Charles Schwab by 11.4% in the third 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 buying an additional 2,174,381 shares during the last quarter. Finally, Viking Global Investors LP raised its position in shares of Charles Schwab by 5.1% in the third quarter. Viking Global Investors LP now owns 16,583,101 shares of the financial services provider’s stock valued at $1,583,189,000 after buying an additional 809,876 shares during the last quarter. 84.38% of the stock is currently owned by institutional investors and hedge funds.

Charles Schwab Price Performance

Charles Schwab stock opened at $90.87 on Monday. The Charles Schwab Corporation has a 12-month low of $85.76 and a 12-month high of $107.50. The stock has a market cap of $158.04 billion, a P/E ratio of 18.03, a PEG ratio of 0.71 and a beta of 0.80. The company has a 50-day moving average price of $93.01 and a 200 day moving average price of $95.97. 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 announced its earnings results on Thursday, April 16th. The financial services provider reported $1.43 earnings per share for the quarter, topping the consensus estimate of $1.39 by $0.04. The company had revenue of $6.48 billion during the quarter, compared to analyst estimates of $6.39 billion. Charles Schwab had a net margin of 37.99% and a return on equity of 23.05%. Charles Schwab’s revenue was up 15.8% compared to the same quarter last year. During the same quarter last year, the firm posted $1.04 earnings per share. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. Sell-side analysts anticipate that The Charles Schwab Corporation will post 6.01 earnings per share for the current year.

Charles Schwab Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Friday, May 8th will be paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Friday, May 8th. Charles Schwab’s dividend payout ratio (DPR) is 25.40%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on SCHW shares. TD Cowen raised their price objective on shares of Charles Schwab from $108.00 to $109.00 and gave the stock a “buy” rating in a research report on Friday. Argus set a $108.00 price objective on shares of Charles Schwab in a research report on Monday, April 20th. Raymond James Financial raised their price objective on shares of Charles Schwab from $126.00 to $137.00 and gave the stock an “outperform” rating in a research report on Friday. Keefe, Bruyette & Woods started coverage on shares of Charles Schwab in a research report on Wednesday, April 8th. They set an “outperform” rating and a $110.00 price objective for the company. Finally, JPMorgan Chase & Co. raised their price objective on shares of Charles Schwab from $128.00 to $131.00 and gave the stock an “overweight” rating 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 assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Charles Schwab has a consensus rating of “Moderate Buy” and a consensus price target of $114.24.

Charles Schwab News Roundup

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

• Positive Sentiment: Barclays lifted its price target on Charles Schwab (SCHW) to $127 from $117 and reiterated an Overweight rating after the company’s fiscal 2026 revenue and expense guidance topped expectations. Barclays Hikes Charles Schwab Price Target to $127: 2026 Guidance Crushes Street Expectations
• Positive Sentiment: Schwab raised its 2026 outlook and said it expects mid-teen EPS growth over time, supported by client growth, platform monetization, and balance-sheet flexibility. SCHW Ups 2026 Outlook, Targets Mid-Teen EPS Growth Through the Cycle
• Positive Sentiment: The company highlighted strong operating trends, including record daily average trades and record client margin loan balances in April, reinforcing the view that retail activity remains healthy. Charles Schwab daily average trades, client margin loan balances reach records in April
• Positive Sentiment: Schwab also unveiled AI initiatives and a crypto rollout aimed at broadening engagement and improving efficiency, which could support longer-term growth and margins. Schwab Crypto Launch Tests Client Engagement And Revenue Mix For Charles Schwab

Insider Activity at Charles Schwab

In other Charles Schwab news, Director Frank C. Herringer sold 2,520 shares of the stock in a transaction dated Tuesday, April 28th. The shares were sold at an average price of $90.60, for a total transaction of $228,312.00. Following the completion of the transaction, the director owned 177,508 shares of the company’s stock, valued at $16,082,224.80. This trade represents a 1.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Dennis Howard sold 27,903 shares of the stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $95.02, for a total transaction of $2,651,343.06. Following the transaction, the insider directly owned 10,470 shares of the company’s stock, valued at approximately $994,859.40. This trade represents a 72.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 126,924 shares of company stock worth $12,268,634. 6.30% of the stock is owned by corporate insiders.

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.