Mitsubishi UFJ Asset Management Co. Ltd. Acquires Shares of 66,864 The Charles Schwab Corporation $SCHW

Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in The Charles Schwab Corporation (NYSE:SCHW) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 66,864 shares of the financial services provider’s stock, valued at approximately $15,164,000.

Several other hedge funds have also bought and sold shares of the business. Persistent Asset Partners Ltd purchased a new position in Charles Schwab in the 2nd quarter worth about $267,000. Plato Investment Management Ltd bought a new stake in shares of Charles Schwab during the 2nd quarter valued at $6,027,000. J.Safra Asset Management Corp purchased a new stake in Charles Schwab in the second quarter worth about $39,000. Global Retirement Partners LLC bought a new stake in Charles Schwab during the 2nd quarter worth approximately $505,000. Finally, State of Wyoming bought a new stake in shares of Charles Schwab during the 2nd quarter valued at $271,000. Institutional investors own 84.38% of the company’s stock.

Insider Activity at Charles Schwab

In related news, insider Nigel J. Murtagh sold 32,947 shares of the firm’s stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $104.01, for a total transaction of $3,426,817.47. Following the completion of the sale, the insider directly owned 57,972 shares of the company’s stock, valued at approximately $6,029,667.72. This trade represents a 36.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Peter J. Morgan III sold 6,952 shares of the business’s stock in a transaction dated Thursday, July 23rd. The shares were sold at an average price of $102.03, for a total transaction of $709,312.56. The SEC filing for this sale provides additional information. Insiders sold 398,984 shares of company stock valued at $41,699,569 over the last ninety days. Corporate insiders own 6.30% of the company’s stock.

Charles Schwab Stock Performance

Shares of NYSE SCHW opened at $109.70 on Friday. The company has a market capitalization of $189.71 billion, a PE ratio of 19.95, a price-to-earnings-growth ratio of 0.85 and a beta of 0.76. The company’s fifty day moving average price is $101.17 and its 200 day moving average price is $96.04. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.64 and a current ratio of 0.64. The Charles Schwab Corporation has a 1 year low of $83.96 and a 1 year high of $112.20.

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. Charles Schwab had a net margin of 38.79% and a return on equity of 24.53%. The business had revenue of $7.07 billion for the quarter, compared to analyst estimates of $6.90 billion. During the same quarter last year, the business earned $1.14 earnings per share. The company’s revenue for the quarter was up 20.9% compared to the same quarter last year. On average, research analysts predict that The Charles Schwab Corporation will post 6.46 earnings per share for the current year.

Charles Schwab Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be given 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 dividend payout ratio (DPR) is presently 23.27%.

Charles Schwab News Summary

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

• Positive Sentiment: Schwab is expanding its Hyderabad global technology center to approximately 2,000 employees by the end of 2027. The facility is expected to support engineering, automation and artificial-intelligence initiatives, potentially improving operating efficiency and helping control long-term costs. Schwab Expands India Tech Hub as AI Reshapes Global Banking Operations
• Positive Sentiment: The company’s latest quarterly results exceeded expectations, with earnings per share of $1.62 versus a $1.56 consensus estimate and revenue of $7.07 billion versus $6.90 billion. Revenue grew 20.9% year over year, reinforcing the recent investment case and supporting analyst optimism. Why Is Charles Schwab Up Since Its Last Earnings Report?
• Neutral Sentiment: SCHW recently reached a 52-week high, supported by record client assets, higher margins and strong earnings momentum. However, after a 106% three-year gain and trading near analyst price targets, valuation may limit near-term upside unless growth remains strong. Schwab Hits a New 52-Week High
• Negative Sentiment: Schwab reportedly said RIAs will no longer receive referrals involving clients with less than $5 million in assets starting in 2027. Advisors may view the higher asset threshold as an implied fee or reduced access to Schwab’s referral pipeline, creating concern about advisor relationships, client acquisition and future asset flows. Schwab Changes RIA Referral Thresholds
• Negative Sentiment: The referral-policy change arrives shortly after Schwab promoted plans to hire thousands of financial consultants, highlighting possible channel tension between Schwab’s direct advisory expansion and its independent-advisor network. Investors may be concerned about execution and reputational risks.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on SCHW shares. Compass Point assumed coverage on shares of Charles Schwab in a research note on Monday, August 3rd. They set a “buy” rating and a $135.00 target price for the company. Citigroup restated a “market outperform” rating on shares of Charles Schwab in a report on Wednesday, July 22nd. Barclays upped their price objective on Charles Schwab from $122.00 to $125.00 and gave the company an “overweight” rating in a research report on Wednesday, July 22nd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Charles Schwab in a research note on Thursday, June 18th. Finally, BMO Capital Markets downgraded shares of Charles Schwab from an “outperform” rating to a “market perform” rating and set a $105.00 target price on the stock. in a research report on Monday, July 20th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $121.17.

Charles Schwab 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.