Summitry LLC Acquires 14,689 Shares of The Charles Schwab Corporation $SCHW

Summitry LLC grew its position in The Charles Schwab Corporation (NYSE:SCHW) by 2.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 707,286 shares of the financial services provider’s stock after buying an additional 14,689 shares during the quarter. Charles Schwab comprises 2.9% of Summitry LLC’s portfolio, making the stock its 12th biggest position. Summitry LLC’s holdings in Charles Schwab were worth $70,665,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. First National Trust Co raised its stake in shares of Charles Schwab by 82.2% in the third quarter. First National Trust Co now owns 89,224 shares of the financial services provider’s stock valued at $8,518,000 after acquiring an additional 40,257 shares during the last quarter. Brookwood Investment Group LLC raised its stake in shares of Charles Schwab by 192.6% in the fourth quarter. Brookwood Investment Group LLC now owns 12,236 shares of the financial services provider’s stock valued at $1,222,000 after acquiring an additional 8,054 shares during the last quarter. AE Wealth Management LLC raised its stake in shares of Charles Schwab by 131.0% in the third quarter. AE Wealth Management LLC now owns 99,832 shares of the financial services provider’s stock valued at $9,531,000 after acquiring an additional 56,609 shares during the last quarter. Optimize Financial Inc bought a new position in shares of Charles Schwab in the third quarter valued at approximately $467,000. Finally, King Luther Capital Management Corp raised its stake in shares of Charles Schwab by 34.4% in the third quarter. King Luther Capital Management Corp now owns 296,409 shares of the financial services provider’s stock valued at $28,298,000 after acquiring an additional 75,820 shares during the last quarter. Institutional investors own 84.38% of the company’s stock.

More Charles Schwab News

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

• Positive Sentiment: CEO Rick Wurster said Schwab is focused on attracting customers through wealth-building services rather than “meme coins” or prediction markets, and he argued the stock deserves a higher valuation. That can support investor optimism about Schwab’s growth strategy and premium potential. Article Title
• Positive Sentiment: Separately, another report highlighted Wurster’s view that Schwab’s stock deserves a higher valuation, reinforcing the message that management believes the company is undervalued relative to its prospects. Article Title
• Neutral Sentiment: Multiple articles about the 2026 Charles Schwab Challenge, including field previews and Brooks Koepka’s withdrawal, are mainly sports sponsorship headlines and are unlikely to have a direct material impact on SCHW shares. Article Title
• Neutral Sentiment: Coverage of Dave Ramsey and Schwab discussing traditional and Roth IRAs is more of a consumer-finance/media mention than a market-moving catalyst for the company. Article Title
• Neutral Sentiment: LPL Financial’s strong April asset growth reflects healthy industry demand for brokerage and advisory services, which is mildly supportive for peers like Schwab but not a direct company-specific catalyst. Article Title

Charles Schwab Stock Performance

Shares of Charles Schwab stock opened at $90.26 on Tuesday. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.62 and a quick ratio of 0.62. The firm has a market cap of $156.97 billion, a P/E ratio of 17.91, a P/E/G ratio of 0.63 and a beta of 0.80. The firm has a 50 day simple moving average of $92.68 and a 200 day simple moving average of $95.83. The Charles Schwab Corporation has a fifty-two week low of $85.76 and a fifty-two week high of $107.50.

Charles Schwab (NYSE:SCHW) last released its earnings results 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. Charles Schwab had a net margin of 37.99% and a return on equity of 23.05%. The firm had revenue of $6.48 billion during the quarter, compared to analyst estimates of $6.39 billion. During the same quarter in the previous year, the business earned $1.04 EPS. The business’s quarterly revenue was up 15.8% compared to the same quarter last year. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. Sell-side analysts predict that The Charles Schwab Corporation will post 6.12 earnings per share for the current fiscal 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. This represents a $1.28 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Friday, May 8th. Charles Schwab’s payout ratio is currently 25.40%.

Insider Buying and Selling at Charles Schwab

In other Charles Schwab news, 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 transaction of $4,088,403.00. Following the completion of the sale, the insider owned 57,972 shares of the company’s stock, valued at approximately $5,739,228. The trade was a 41.60% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 transaction of $794,100.00. Following the sale, the insider directly owned 29,866 shares of the company’s stock, valued at $2,986,600. This represents a 21.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 126,924 shares of company stock worth $12,268,634 over the last quarter. 6.30% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on SCHW shares. UBS Group cut their target price on shares of Charles Schwab from $125.00 to $119.00 and set a “buy” rating for the company in a research note on Wednesday, April 8th. JPMorgan Chase & Co. raised their price target on shares of Charles Schwab from $128.00 to $131.00 and gave the company an “overweight” rating in a report on Friday, April 17th. Morgan Stanley lowered their price target on shares of Charles Schwab from $135.00 to $125.00 and set an “overweight” rating for the company in a report on Friday, April 17th. Raymond James Financial raised their price target on shares of Charles Schwab from $126.00 to $137.00 and gave the company an “outperform” rating in a report on Friday, May 15th. Finally, Keefe, Bruyette & Woods assumed coverage on shares of Charles Schwab in a report on Wednesday, April 8th. They issued an “outperform” rating and a $110.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Charles Schwab has an average rating of “Moderate Buy” and an average price target of $114.30.

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.