6,874 Shares in The Charles Schwab Corporation $SCHW Purchased by Oslo Pensjonsforsikring AS

Oslo Pensjonsforsikring AS bought a new stake in The Charles Schwab Corporation (NYSE:SCHW) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 6,874 shares of the financial services provider’s stock, valued at approximately $646,000.

A number of other institutional investors also recently bought and sold shares of SCHW. Norges Bank acquired a new stake in shares of Charles Schwab in the fourth quarter worth $1,994,189,000. Bank of New York Mellon Corp lifted its position in Charles Schwab by 22.9% during the first 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 purchasing an additional 3,009,884 shares during the period. Primecap Management Co. CA lifted its position in Charles Schwab by 9.7% during the fourth quarter. Primecap Management Co. CA now owns 23,276,071 shares of the financial services provider’s stock valued at $2,325,512,000 after purchasing an additional 2,066,884 shares during the period. Focus Partners Wealth boosted its holdings in Charles Schwab by 716.5% in the fourth quarter. Focus Partners Wealth now owns 2,101,463 shares of the financial services provider’s stock valued at $209,948,000 after purchasing an additional 1,844,095 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. purchased a new stake in Charles Schwab in the first quarter valued at $129,140,000. 84.38% of the stock is owned by hedge funds and other institutional investors.

Charles Schwab Trading Down 2.3%

SCHW stock opened at $100.19 on Wednesday. The company’s 50-day simple moving average is $93.27 and its 200-day simple moving average is $95.34. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 0.48. The Charles Schwab Corporation has a 52-week low of $83.96 and a 52-week high of $107.50. The firm has a market cap of $174.25 billion, a P/E ratio of 19.88, a PEG ratio of 0.85 and a beta of 0.77.

Charles Schwab (NYSE:SCHW) last announced 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. Charles Schwab had a return on equity of 23.05% and a net margin of 37.99%.The firm had revenue of $7.07 billion during the quarter, compared to analyst estimates of $6.90 billion. Charles Schwab’s revenue for the quarter was up 20.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.14 EPS. As a group, equities analysts forecast that The Charles Schwab Corporation will post 6.27 EPS for the current fiscal year.

Charles Schwab Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Friday, May 8th were issued a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Friday, May 8th. Charles Schwab’s dividend payout ratio (DPR) is presently 25.40%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on SCHW shares. Weiss Ratings reiterated a “buy (b-)” rating on shares of Charles Schwab in a research note on Thursday, June 18th. TD Cowen upped their target price on Charles Schwab from $108.00 to $109.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. JPMorgan Chase & Co. raised their target price on Charles Schwab from $128.00 to $131.00 and gave the stock an “overweight” rating in a report on Friday, April 17th. Raymond James Financial lifted their price target on Charles Schwab from $126.00 to $137.00 and gave the company an “outperform” rating in a research report on Friday, May 15th. Finally, Zacks Research raised Charles Schwab from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 9th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $118.41.

Insider Activity at Charles Schwab

In other news, insider Jonathan S. Beatty sold 2,000 shares of the stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $100.01, for a total transaction of $200,020.00. Following the transaction, the insider owned 13,738 shares in the company, valued at $1,373,937.38. This trade represents a 12.71% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frank C. Herringer sold 2,520 shares of Charles Schwab stock in a transaction on 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 sale, the director directly owned 177,508 shares in the company, valued at $16,082,224.80. This represents a 1.40% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 6,520 shares of company stock worth $622,392. 6.30% of the stock is owned by corporate insiders.

More Charles Schwab News

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

• Positive Sentiment: SCHW beat Q2 expectations, posting $1.62 EPS versus $1.53 expected and $7.07 billion in revenue versus $6.90 billion expected, with revenue up 20.9% year over year. Article Title
• Positive Sentiment: The quarter benefited from robust trading activity, strong net interest revenue, and record revenue, reinforcing the view that Schwab is gaining from active retail markets. Article Title
• Positive Sentiment: The company raised its FY2026 outlook, guiding revenue to $28.1 billion to $28.3 billion, above the Street’s $27.3 billion estimate, which supports the case for continued growth. Article Title
• Neutral Sentiment: Some commentary said the stock’s recent rally and stronger-than-expected earnings may have left less upside near term, suggesting investors are reassessing valuation after the results. Article Title
• Negative Sentiment: Despite the earnings beat, several reports noted that rising expenses disappointed some investors, which may be limiting enthusiasm for the stock. Article Title
• Negative Sentiment: BMO downgraded Charles Schwab to Market Perform after the recent stock rally, signaling that some analysts see less immediate upside despite the strong quarter. Article Title

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.