Signal Advisors Wealth LLC acquired a new position in The Charles Schwab Corporation (NYSE:SCHW – Free Report) in the first quarter, Holdings Channel.com reports. The fund acquired 26,945 shares of the financial services provider’s stock, valued at approximately $2,532,000.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHW. Essex Bank grew its stake in shares of Charles Schwab by 0.7% during the first quarter. Essex Bank now owns 21,836 shares of the financial services provider’s stock worth $2,052,000 after acquiring an additional 155 shares during the last quarter. Athena Wealth Management LLC increased its holdings in shares of Charles Schwab by 50.8% during the first quarter. Athena Wealth Management LLC now owns 11,074 shares of the financial services provider’s stock valued at $1,041,000 after acquiring an additional 3,729 shares in the last quarter. AdvisorNet Financial Inc raised its position in shares of Charles Schwab by 102.2% in the 1st quarter. AdvisorNet Financial Inc now owns 1,551 shares of the financial services provider’s stock valued at $146,000 after purchasing an additional 784 shares during the last quarter. Cornell Pochily Investment Advisors Inc. raised its position in shares of Charles Schwab by 8.9% in the 1st quarter. Cornell Pochily Investment Advisors Inc. now owns 2,507 shares of the financial services provider’s stock valued at $236,000 after purchasing an additional 205 shares during the last quarter. Finally, Marathon Mission Inc. boosted its stake in Charles Schwab by 3.1% in the 1st quarter. Marathon Mission Inc. now owns 6,577 shares of the financial services provider’s stock worth $618,000 after purchasing an additional 197 shares in the last quarter. 84.38% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity at Charles Schwab
In other Charles Schwab news, insider Nigel J. Murtagh sold 41,297 shares of the stock in a transaction dated Tuesday, April 14th. The stock was sold at an average price of $99.00, for a total transaction of $4,088,403.00. Following the sale, the insider directly owned 57,972 shares of the company’s stock, valued at approximately $5,739,228. This trade represents a 41.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frank C. Herringer sold 2,520 shares of Charles Schwab stock in a transaction dated Tuesday, April 28th. The shares were sold at an average price of $90.60, for a total value of $228,312.00. Following the transaction, the director owned 177,508 shares of the company’s stock, valued at $16,082,224.80. The trade was a 1.40% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 59,700 shares of company stock worth $5,889,131 over the last three months. Company insiders own 6.30% of the company’s stock.
Wall Street Analyst Weigh In
Check Out Our Latest Research Report on Charles Schwab
Key Charles Schwab News
Here are the key news stories impacting Charles Schwab this week:
- Positive Sentiment: Charles Schwab reported record May core net new assets of $49.9 billion, up 43% from a year ago, with total client assets reaching $13.14 trillion. That signals continued client inflows and strong platform momentum. Charles Schwab (SCHW) Reports Record May Core Net New Assets
- Positive Sentiment: The company is partnering with Cboe to launch S&P 500-linked prediction market contracts or “yes/no” options, which could broaden retail trading activity and make Schwab’s platform more attractive to active traders. Schwab’s Prediction Market Push: What Investors Should Know
- Positive Sentiment: SCHW is also being highlighted in analyst coverage as a high-ROE, cash-rich stock as markets recover, reinforcing the view that it remains a quality financial name. 5 High ROE Stocks to Buy as Markets Recover After Fed-Induced Sell-Off
- Neutral Sentiment: Several articles repeat the same prediction-market story, suggesting the market is still digesting the potential impact rather than treating it as a confirmed earnings driver. Schwab plots S&P 500 prediction markets push with Cboe
- Neutral Sentiment: Recent commentary on SCHW’s valuation and interest-rate sensitivity suggests investors are still weighing whether the stock is fairly priced after its strong multi-year run. Charles Schwab (SCHW) Stock After Recent Performance And Interest Rate Sensitivity Headlines
- Negative Sentiment: One article notes SCHW has still been down year to date, reflecting lingering caution around rates and valuation despite the recent operational momentum. Charles Schwab (SCHW) Stock After Recent Performance And Interest Rate Sensitivity Headlines
Charles Schwab Price Performance
Shares of NYSE:SCHW opened at $92.03 on Tuesday. The Charles Schwab Corporation has a twelve month low of $83.96 and a twelve 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 company has a market cap of $160.05 billion, a PE ratio of 18.26, a price-to-earnings-growth ratio of 0.84 and a beta of 0.77. The company’s 50 day moving average is $90.78 and its 200 day moving average is $95.30.
Charles Schwab (NYSE:SCHW – Get Free Report) last announced its quarterly earnings data on Thursday, April 16th. The financial services provider reported $1.43 EPS for the quarter, beating the consensus estimate of $1.39 by $0.04. The business had revenue of $6.48 billion during the quarter, compared to analysts’ expectations of $6.39 billion. Charles Schwab had a net margin of 37.99% and a return on equity of 23.05%. The business’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same period in the previous year, the business posted $1.04 EPS. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. On average, sell-side analysts forecast 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. Investors of record on Friday, May 8th were issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Friday, May 8th. Charles Schwab’s dividend payout ratio (DPR) is 25.40%.
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.
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Want to see what other hedge funds are holding SCHW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Charles Schwab Corporation (NYSE:SCHW – Free Report).
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