Hudson Bay Capital Management LP Purchases 41,029 Shares of The Charles Schwab Corporation $SCHW

Hudson Bay Capital Management LP grew its position in shares of The Charles Schwab Corporation (NYSE:SCHW) by 19.1% during the third quarter, according to its most recent filing with the SEC. The firm owned 256,262 shares of the financial services provider’s stock after acquiring an additional 41,029 shares during the period. Hudson Bay Capital Management LP’s holdings in Charles Schwab were worth $24,465,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. West Branch Capital LLC purchased a new stake in Charles Schwab in the third quarter worth $27,000. Evelyn Partners Asset Management Ltd purchased a new position in Charles Schwab during the second quarter valued at $33,000. Howard Hughes Medical Institute purchased a new position in Charles Schwab during the second quarter valued at $34,000. Redmont Wealth Advisors LLC bought a new stake in shares of Charles Schwab during the 3rd quarter valued at $34,000. Finally, Newbridge Financial Services Group Inc. grew its position in shares of Charles Schwab by 233.6% in the 3rd quarter. Newbridge Financial Services Group Inc. now owns 357 shares of the financial services provider’s stock worth $34,000 after buying an additional 250 shares during the period. Institutional investors own 84.38% of the company’s stock.

Insiders Place Their Bets

In related news, Chairman Walter W. Bettinger sold 162,462 shares of the company’s stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $103.90, for a total value of $16,879,801.80. Following the transaction, the chairman directly owned 529,346 shares of the company’s stock, valued at approximately $54,999,049.40. This represents a 23.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Dennis Howard sold 27,903 shares of Charles Schwab stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $95.02, for a total value of $2,651,343.06. Following the completion of the sale, the insider directly owned 10,470 shares of the company’s stock, valued at approximately $994,859.40. The trade was a 72.72% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 415,568 shares of company stock worth $42,639,058 in the last three months. Corporate insiders own 6.30% of the company’s stock.

Charles Schwab Stock Performance

Shares of Charles Schwab stock opened at $93.23 on Thursday. The Charles Schwab Corporation has a 1 year low of $65.88 and a 1 year high of $107.50. The firm’s 50-day moving average is $98.41 and its 200 day moving average is $96.27. The stock has a market cap of $163.35 billion, a price-to-earnings ratio of 20.01, a PEG ratio of 0.76 and a beta of 0.93. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.62 and a quick ratio of 0.62.

Charles Schwab (NYSE:SCHW) last released its quarterly earnings data on Wednesday, January 21st. The financial services provider reported $1.39 earnings per share for the quarter, beating analysts’ consensus estimates 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 net margin of 37.01% and a return on equity of 21.97%. Charles Schwab’s revenue was up 18.9% compared to the same quarter last year. During the same period last year, the business earned $1.01 EPS. 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 4.22 EPS for the current fiscal year.

Charles Schwab Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 13th were issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date was Friday, February 13th. This is an increase from Charles Schwab’s previous quarterly dividend of $0.27. Charles Schwab’s dividend payout ratio (DPR) is presently 27.47%.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Piper Sandler increased their price target on shares of Charles Schwab from $100.00 to $105.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 14th. Weiss Ratings reissued a “hold (c+)” rating on shares of Charles Schwab in a research note on Thursday, January 22nd. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $131.00 price objective on shares of Charles Schwab in a report on Thursday, January 22nd. Barclays lifted their target price on shares of Charles Schwab from $125.00 to $126.00 and gave the company an “overweight” rating in a report on Monday, January 26th. Finally, Citigroup reissued a “market outperform” rating on shares of Charles Schwab in a research report on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $115.95.

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.