Kesler Norman & Wride LLC Takes $617,000 Position in The Charles Schwab Corporation $SCHW

Kesler Norman & Wride LLC purchased a new stake in The Charles Schwab Corporation (NYSE:SCHW) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 6,179 shares of the financial services provider’s stock, valued at approximately $617,000.

Several other hedge funds and other institutional investors also recently modified their holdings of SCHW. Dogwood Wealth Management LLC increased its stake in shares of Charles Schwab by 99.2% in the 4th quarter. Dogwood Wealth Management LLC now owns 247 shares of the financial services provider’s stock valued at $25,000 after purchasing an additional 123 shares during the last quarter. Piscataqua Savings Bank bought a new position in shares of Charles Schwab in the 4th quarter valued at $26,000. GoalVest Advisory LLC bought a new position in shares of Charles Schwab in the 4th quarter valued at $28,000. Beacon Financial Strategies CORP bought a new position in shares of Charles Schwab in the 4th quarter valued at $29,000. Finally, Optima Capital LLC bought a new stake in Charles Schwab during the 4th quarter worth $30,000. Institutional investors own 84.38% of the company’s stock.

Insider Buying and Selling

In other news, Director Frank C. Herringer sold 2,520 shares of Charles Schwab stock in a transaction dated Tuesday, April 28th. The stock was sold at an average price of $90.60, for a total value of $228,312.00. Following the completion of the transaction, the director directly owned 177,508 shares of the company’s stock, valued at approximately $16,082,224.80. This trade represents a 1.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Nigel J. Murtagh sold 41,297 shares of the business’s stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $99.00, for a total value of $4,088,403.00. Following the completion of the transaction, the insider directly owned 57,972 shares in the company, valued at $5,739,228. This represents a 41.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 59,700 shares of company stock valued at $5,889,131 over the last quarter. Insiders own 6.30% of the company’s stock.

Charles Schwab Trading Down 1.0%

NYSE SCHW opened at $86.74 on Thursday. The Charles Schwab Corporation has a 12 month low of $83.96 and a 12 month high of $107.50. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.48. The firm has a market capitalization of $150.86 billion, a PE ratio of 17.21, a price-to-earnings-growth ratio of 0.83 and a beta of 0.77. The business’s 50-day moving average price is $91.73 and its two-hundred day moving average price is $95.43.

Charles Schwab (NYSE:SCHW) last posted its quarterly earnings data on Thursday, April 16th. The financial services provider reported $1.43 EPS for the quarter, topping analysts’ consensus estimates of $1.39 by $0.04. The company had revenue of $6.48 billion for the quarter, compared to analyst estimates of $6.39 billion. Charles Schwab had a return on equity of 23.05% and a net margin of 37.99%.The firm’s quarterly revenue was up 15.8% on a year-over-year basis. During the same period in the previous year, the firm earned $1.04 earnings per share. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. On average, analysts expect that The Charles Schwab Corporation will post 6.12 EPS for the current year.

Charles Schwab Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Stockholders of record on Friday, May 8th were given a dividend of $0.32 per share. The ex-dividend date was Friday, May 8th. This represents a $1.28 annualized dividend and a dividend yield of 1.5%. Charles Schwab’s dividend payout ratio is 25.40%.

Key Charles Schwab News

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

• Positive Sentiment: Schwab is launching 24/7 crypto futures, $1 fractional trading, and smarter platform tools, a move aimed at attracting active traders and defending market share. Schwab Upgrades Trading Features: A Catalyst for Market Share Gains?
• Positive Sentiment: The company has also announced 24/7 Bitcoin, Ether, Solana, and Ripple futures, with plans to offer spot crypto trading and custody for advisors next year, which could deepen its footprint in digital assets. Charles Schwab debuts 24/7 Bitcoin, Ether, Solana and Ripple futures, targets spot crypto for advisors next year
• Neutral Sentiment: Schwab shareholders kept the current staggered board structure after voting down a proposal to declassify the board; the governance result is notable, but it is unlikely to be a major near-term driver of earnings. Charles Schwab Keeps Staggered Board As Stock Trades Below Analyst Targets
• Negative Sentiment: Unusual options activity leaned bearish, with traders buying a much larger-than-normal number of put options, suggesting some market participants are hedging against downside.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on SCHW shares. Keefe, Bruyette & Woods started coverage on Charles Schwab in a research report on Wednesday, April 8th. They set an “outperform” rating and a $110.00 price objective on the stock. UBS Group reduced their price objective on Charles Schwab from $125.00 to $119.00 and set a “buy” rating on the stock in a research report on Wednesday, April 8th. Piper Sandler boosted their price objective on Charles Schwab from $103.00 to $105.00 and gave the stock a “neutral” rating in a research report on Friday, May 15th. Weiss Ratings upgraded Charles Schwab from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 23rd. Finally, Argus set a $108.00 price objective on Charles Schwab in a research report on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Charles Schwab presently has a consensus rating of “Moderate Buy” and an average price target of $114.30.

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.