Jefferies Financial Group Inc. Buys Shares of 18,270 The Charles Schwab Corporation $SCHW

Jefferies Financial Group Inc. purchased a new position in shares of The Charles Schwab Corporation (NYSE:SCHW) in the second quarter, HoldingsChannel.com reports. The fund purchased 18,270 shares of the financial services provider’s stock, valued at approximately $4,143,000.

Several other large investors have also bought and sold shares of the business. Bank of Nova Scotia bought a new position in Charles Schwab during the 2nd quarter valued at $3,780,000. Geode Capital Management LLC raised its stake in shares of Charles Schwab by 0.3% in the 4th quarter. Geode Capital Management LLC now owns 37,667,640 shares of the financial services provider’s stock worth $3,747,646,000 after buying an additional 98,242 shares in the last quarter. Swiss Life Asset Management Ltd lifted its holdings in shares of Charles Schwab by 4.2% in the fourth quarter. Swiss Life Asset Management Ltd now owns 407,179 shares of the financial services provider’s stock valued at $40,681,000 after buying an additional 16,482 shares during the period. Eurizon Capital SGR S.p.A. acquired a new stake in shares of Charles Schwab in the fourth quarter valued at $35,233,000. Finally, Norges Bank bought a new position in Charles Schwab during the fourth quarter valued at about $1,994,189,000. 84.38% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently issued reports on SCHW shares. Raymond James Financial reaffirmed an “outperform” rating and set a $145.00 target price on shares of Charles Schwab in a report on Wednesday, July 22nd. Citigroup restated a “market outperform” rating on shares of Charles Schwab in a research report on Wednesday, July 22nd. Barclays lifted their price objective on shares of Charles Schwab from $122.00 to $125.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 22nd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Charles Schwab in a report on Thursday, June 18th. Finally, TD Cowen increased their target price on shares of Charles Schwab from $108.00 to $109.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Two analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $121.17.

Insider Buying and Selling at Charles Schwab

In other news, insider Nigel J. Murtagh sold 32,947 shares of Charles Schwab stock in a transaction that occurred on 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 sale, the insider owned 57,972 shares of the company’s stock, valued at approximately $6,029,667.72. The trade was a 36.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Dennis Howard sold 28,000 shares of the stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $105.01, for a total value of $2,940,280.00. Following the completion of the transaction, the insider directly owned 10,470 shares of the company’s stock, valued at $1,099,454.70. This trade represents a 72.78% 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. In the last ninety days, insiders have sold 575,194 shares of company stock valued at $61,697,642. Corporate insiders own 6.30% of the company’s stock.

Key Charles Schwab News

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

• Positive Sentiment: Schwab plans to add Solana, Avalanche and Chainlink to its direct crypto-trading platform, expanding beyond Bitcoin and Ethereum across its 39.9 million accounts. The move could attract additional trading activity, younger investors and digital-asset revenue, although actual demand remains uncertain. Charles Schwab expands crypto access
• Positive Sentiment: Beginning next year, Schwab will refer clients with at least $5 million in investible assets to external financial advisors. The higher threshold reflects increasing use of the referral program by wealthy clients and may improve the quality and economics of Schwab’s advisor relationships. Schwab hikes minimum for client referrals
• Positive Sentiment: Analyst commentary continues to cite Schwab’s scale, active-trading exposure, technology investments and potential benefit from the Federal Reserve’s next rate move. The stock retains a consensus “Moderate Buy” rating, while recent quarterly results beat estimates on earnings and revenue. Financial stocks positioned for the Fed’s next move
• Positive Sentiment: Schwab’s Digital Account Opening API is now live through OneVest, broadening fintech and wealth-management integrations and potentially increasing adoption of Schwab’s custody and platform services. Charles Schwab opens Digital Account API
• Neutral Sentiment: Market volatility and interest-rate expectations remain important swing factors. Greater volatility could support trading and options activity, while falling or changing rates can affect Schwab’s bank-sweep balances and net interest revenue.
• Negative Sentiment: Vanguard’s planned acquisition of Altruist could intensify competition with Schwab for independent advisors and custody assets, potentially increasing technology spending and pricing pressure. Vanguard’s Altruist acquisition
• Negative Sentiment: Chairman Walter Bettinger sold 176,210 shares worth approximately $20 million, reducing his direct ownership by 22.4%. Although insider sales do not necessarily signal deteriorating fundamentals, the transaction may weigh on investor sentiment after SCHW’s strong rally. Charles Schwab chairman insider sale

Charles Schwab Trading Up 2.1%

NYSE SCHW opened at $110.35 on Friday. 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 one year low of $83.96 and a one year high of $114.53. The company has a 50-day simple moving average of $103.42 and a 200-day simple moving average of $96.39. The firm has a market capitalization of $190.83 billion, a PE ratio of 20.06, a price-to-earnings-growth ratio of 0.81 and a beta of 0.76.

Charles Schwab (NYSE:SCHW) last issued its earnings results on Tuesday, July 21st. The financial services provider reported $1.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.56 by $0.06. The firm had revenue of $7.07 billion for the quarter, compared to analysts’ expectations of $6.90 billion. Charles Schwab had a net margin of 38.79% and a return on equity of 24.53%. Charles Schwab’s revenue was up 20.9% on a year-over-year basis. During the same quarter last year, the company posted $1.14 earnings per share. On average, equities analysts forecast that The Charles Schwab Corporation will post 6.46 earnings per share for the current year.

Charles Schwab Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 14th were issued a dividend of $0.32 per share. The ex-dividend date of this dividend was Friday, August 14th. This represents a $1.28 annualized dividend and a dividend yield of 1.2%. Charles Schwab’s payout ratio is 23.27%.

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.