Mondrian Investment Partners LTD Invests $169.10 Million in The Charles Schwab Corporation $SCHW

Mondrian Investment Partners LTD acquired a new stake in shares of The Charles Schwab Corporation (NYSE:SCHW) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 1,771,276 shares of the financial services provider’s stock, valued at approximately $169,104,000. Charles Schwab comprises about 2.8% of Mondrian Investment Partners LTD’s investment portfolio, making the stock its 9th largest position. Mondrian Investment Partners LTD owned 0.10% of Charles Schwab at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Princeton Global Asset Management LLC acquired a new stake in shares of Charles Schwab during the 2nd quarter valued at about $25,000. West Branch Capital LLC bought a new position in Charles Schwab during the third quarter valued at approximately $27,000. Mid American Wealth Advisory Group Inc. acquired a new stake in Charles Schwab in the second quarter valued at approximately $32,000. Evelyn Partners Asset Management Ltd acquired a new stake in Charles Schwab in the second quarter valued at approximately $33,000. Finally, Howard Hughes Medical Institute acquired a new position in shares of Charles Schwab during the 2nd quarter worth $34,000. 84.38% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently issued reports on SCHW. Piper Sandler lifted their price objective on shares of Charles Schwab from $100.00 to $105.00 and gave the company a “neutral” rating in a research note on Wednesday, January 14th. Wolfe Research set a $120.00 price target on Charles Schwab in a research report on Monday, January 12th. Weiss Ratings reissued a “hold (c+)” rating on shares of Charles Schwab in a report on Thursday, January 22nd. TD Cowen raised their price objective on Charles Schwab from $135.00 to $138.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Finally, Bank of America upped their target price on Charles Schwab from $88.00 to $91.00 and gave the stock an “underperform” rating in a research report on Wednesday, December 10th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $115.65.

Charles Schwab Stock Down 1.5%

SCHW opened at $93.69 on Tuesday. The business has a 50 day moving average of $100.71 and a 200-day moving average of $96.63. The stock has a market capitalization of $166.47 billion, a price-to-earnings ratio of 20.10, a P/E/G ratio of 0.76 and a beta of 0.94. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 0.47. The Charles Schwab Corporation has a 1-year low of $65.88 and a 1-year high of $107.50.

Charles Schwab (NYSE:SCHW) last announced its earnings results on Wednesday, January 21st. The financial services provider reported $1.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.32 by $0.07. Charles Schwab had a net margin of 37.01% and a return on equity of 22.07%. The business had revenue of $6.34 billion for the quarter, compared to analyst estimates of $6.19 billion. During the same quarter in the previous year, the firm posted $1.01 earnings per share. Charles Schwab’s revenue was up 18.9% compared to the same quarter last year. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. As a group, sell-side analysts anticipate that The Charles Schwab Corporation will post 4.22 earnings per share for the current year.

Charles Schwab Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 13th will be given a dividend of $0.32 per share. This is an increase from Charles Schwab’s previous quarterly dividend of $0.27. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, February 13th. Charles Schwab’s dividend payout ratio (DPR) is currently 27.47%.

Insider Activity at Charles Schwab

In other news, Chairman Walter W. Bettinger sold 67,514 shares of Charles Schwab stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $104.25, for a total transaction of $7,038,334.50. Following the sale, the chairman owned 529,346 shares of the company’s stock, valued at approximately $55,184,320.50. This trade represents a 11.31% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jonathan S. Beatty sold 2,000 shares of the business’s stock in a transaction that occurred on Thursday, January 22nd. The shares were sold at an average price of $105.00, for a total value of $210,000.00. Following the sale, the insider owned 21,768 shares in the company, valued at approximately $2,285,640. This represents a 8.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 348,344 shares of company stock worth $36,259,555 in the last three months. Corporate insiders own 6.30% of the company’s stock.

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.