Krilogy Financial LLC Boosts Stake in The Charles Schwab Corporation $SCHW

Krilogy Financial LLC raised its position in The Charles Schwab Corporation (NYSE:SCHW) by 25.7% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 68,740 shares of the financial services provider’s stock after buying an additional 14,050 shares during the period. Krilogy Financial LLC’s holdings in Charles Schwab were worth $6,367,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of SCHW. Souders Financial Advisors grew its holdings in shares of Charles Schwab by 2.3% in the fourth quarter. Souders Financial Advisors now owns 4,341 shares of the financial services provider’s stock valued at $434,000 after acquiring an additional 98 shares in the last quarter. Lantz Financial LLC lifted its holdings in Charles Schwab by 3.1% during 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 period. Roberts Wealth Advisors LLC lifted its holdings in Charles Schwab by 0.5% during the fourth quarter. Roberts Wealth Advisors LLC now owns 22,961 shares of the financial services provider’s stock worth $2,294,000 after acquiring an additional 105 shares during the period. Essex Financial Services Inc. lifted its holdings in Charles Schwab by 0.8% during the fourth quarter. Essex Financial Services Inc. now owns 12,833 shares of the financial services provider’s stock worth $1,282,000 after acquiring an additional 105 shares during the period. Finally, JFS Wealth Advisors LLC boosted its position in Charles Schwab by 0.4% in the fourth quarter. JFS Wealth Advisors LLC now owns 24,626 shares of the financial services provider’s stock worth $2,460,000 after purchasing an additional 107 shares during the last quarter. Institutional investors own 84.38% of the company’s stock.

Insider Buying and Selling at Charles Schwab

In other news, insider Paul V. Woolway sold 7,941 shares of Charles Schwab stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $100.00, for a total value of $794,100.00. Following the completion of the transaction, the insider directly owned 29,866 shares in the company, valued at approximately $2,986,600. The trade was a 21.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Nigel J. Murtagh sold 41,297 shares of Charles Schwab stock in a transaction on 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 owned 57,972 shares of the company’s stock, valued at approximately $5,739,228. This trade 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 have sold 59,700 shares of company stock valued at $5,889,131 in the last 90 days. 6.30% of the stock is currently owned by company insiders.

More Charles Schwab News

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

• Positive Sentiment: Schwab reported record May core net new assets of $49.9 billion, up 43% from a year ago, while total client assets reached $13.14 trillion, underscoring strong inflows and healthy client growth. Charles Schwab (SCHW) Reports Record May Core Net New Assets
• Positive Sentiment: Schwab is reportedly partnering with Cboe to launch S&P 500-linked prediction market contracts, a new offering that could attract retail traders and expand platform engagement. Charles Schwab enters prediction markets with S&P 500 options
• Positive Sentiment: Analyst coverage highlighted SCHW as a high-ROE, cash-rich stock as markets recovered, reinforcing the view that Schwab remains a quality name in a shaky macro backdrop. 5 High ROE Stocks to Buy as Markets Recover After Fed-Induced Sell-Off
• Neutral Sentiment: Schwab was also recognized among The Civic 50 for community-minded companies for the 10th straight year, a reputational positive but not a direct earnings driver. Charles Schwab Recognized Among Nation’s Most Community-Minded Companies for 10th Consecutive Year

Charles Schwab Price Performance

SCHW opened at $93.09 on Wednesday. The company has a market capitalization of $161.90 billion, a price-to-earnings ratio of 18.47, a PEG ratio of 0.84 and a beta of 0.77. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 0.48. The firm has a 50-day moving average price of $90.74 and a 200-day moving average price of $95.30. The Charles Schwab Corporation has a twelve month low of $83.96 and a twelve month high of $107.50.

Charles Schwab (NYSE:SCHW) last posted its quarterly earnings results on Thursday, April 16th. The financial services provider reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate 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 net margin of 37.99% and a return on equity of 23.05%. The company’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.04 earnings per share. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. Equities analysts expect that The Charles Schwab Corporation will post 6.14 EPS for the current year.

Charles Schwab Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Friday, May 8th were issued a dividend of $0.32 per share. The ex-dividend date of this dividend was Friday, May 8th. This represents a $1.28 dividend on an annualized basis and a yield of 1.4%. Charles Schwab’s payout ratio is presently 25.40%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. TD Cowen upped their price objective on Charles Schwab from $108.00 to $109.00 and gave the company a “buy” rating in a research note on Friday, May 15th. JPMorgan Chase & Co. lifted their target price on Charles Schwab from $128.00 to $131.00 and gave the stock an “overweight” rating in a research note on Friday, April 17th. Argus set a $108.00 price target on shares of Charles Schwab in a report on Monday, April 20th. Keefe, Bruyette & Woods started coverage on shares of Charles Schwab in a research report on Wednesday, April 8th. They set an “outperform” rating and a $110.00 price target for the company. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Charles Schwab in a report on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Charles Schwab currently has an average rating of “Moderate Buy” and an average target price of $116.00.

Charles Schwab Company 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.