Mn Services Vermogensbeheer B.V. Boosts Stock Position in The Charles Schwab Corporation $SCHW

Mn Services Vermogensbeheer B.V. boosted its stake in shares of The Charles Schwab Corporation (NYSE:SCHW) by 1.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 667,366 shares of the financial services provider’s stock after buying an additional 12,166 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Charles Schwab were worth $66,677,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the stock. Lantz Financial LLC grew its stake in shares of Charles Schwab by 3.1% in the fourth quarter. Lantz Financial LLC now owns 3,243 shares of the financial services provider’s stock worth $324,000 after acquiring an additional 99 shares during the last quarter. Roberts Wealth Advisors LLC raised its position in shares of Charles Schwab by 0.5% in the 4th quarter. Roberts Wealth Advisors LLC now owns 22,961 shares of the financial services provider’s stock worth $2,294,000 after purchasing an additional 105 shares during the last quarter. ZWJ Investment Counsel Inc. boosted its stake in Charles Schwab by 4.6% in the 3rd quarter. ZWJ Investment Counsel Inc. now owns 2,390 shares of the financial services provider’s stock worth $228,000 after purchasing an additional 106 shares in the last quarter. Nicolet Bankshares Inc. boosted its stake in Charles Schwab by 0.8% in the 2nd quarter. Nicolet Bankshares Inc. now owns 13,049 shares of the financial services provider’s stock worth $1,191,000 after purchasing an additional 107 shares in the last quarter. Finally, First PREMIER Bank grew its position in Charles Schwab by 23.8% during the 3rd quarter. First PREMIER Bank now owns 557 shares of the financial services provider’s stock valued at $53,000 after purchasing an additional 107 shares during the last quarter. 84.38% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Charles Schwab news, General Counsel Peter J. Morgan III sold 7,595 shares of the stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $104.38, for a total transaction of $792,766.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Paul V. Woolway sold 15,884 shares of Charles Schwab stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $95.12, for a total transaction of $1,510,886.08. Following the sale, the insider owned 35,992 shares in the company, valued at approximately $3,423,559.04. The trade was a 30.62% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 413,568 shares of company stock worth $42,435,038 in the last quarter. 6.30% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

SCHW has been the subject of several recent analyst reports. UBS Group lifted their target price on shares of Charles Schwab from $123.00 to $125.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Wolfe Research set a $120.00 price target on shares of Charles Schwab in a report on Monday, January 12th. Morgan Stanley raised their price target on shares of Charles Schwab from $139.00 to $148.00 and gave the company an “overweight” rating in a research report on Monday, December 22nd. Barclays boosted their price objective on shares of Charles Schwab from $125.00 to $126.00 and gave the stock an “overweight” rating in a report on Monday, January 26th. Finally, Citizens Jmp upped their price objective on Charles Schwab from $110.00 to $120.00 and gave the company a “market outperform” rating in a research report on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Charles Schwab presently has a consensus rating of “Moderate Buy” and a consensus target price of $115.95.

Charles Schwab Stock Performance

Shares of NYSE SCHW opened at $92.85 on Tuesday. The firm has a 50 day moving average of $97.16 and a 200 day moving average of $96.27. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of $162.69 billion, a price-to-earnings ratio of 19.92, a price-to-earnings-growth ratio of 0.74 and a beta of 0.93. The Charles Schwab Corporation has a 12-month low of $65.88 and a 12-month high of $107.50.

Charles Schwab (NYSE:SCHW) last released its quarterly earnings results on Wednesday, January 21st. The financial services provider reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.07. The business had revenue of $6.34 billion during the quarter, compared to analyst estimates of $6.19 billion. Charles Schwab had a return on equity of 21.97% and a net margin of 37.01%.Charles Schwab’s revenue for the quarter was up 18.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.01 earnings per share. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. On average, research analysts anticipate that The Charles Schwab Corporation will post 4.22 earnings per share for the current year.

Charles Schwab Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 13th were paid a dividend of $0.32 per share. This is a boost from Charles Schwab’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend was Friday, February 13th. This represents a $1.28 annualized dividend and a yield of 1.4%. Charles Schwab’s dividend payout ratio is 27.47%.

About Charles Schwab

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.