Jefferies Financial Group Lowers Charles Schwab (NYSE:SCHW) Price Target to $118.00

Charles Schwab (NYSE:SCHW) had its price objective reduced by research analysts at Jefferies Financial Group from $122.00 to $118.00 in a research report issued on Monday,Benzinga reports. The firm presently has a “buy” rating on the financial services provider’s stock. Jefferies Financial Group’s target price would suggest a potential upside of 24.64% from the company’s previous close.

SCHW has been the topic of a number of other research reports. Truist Financial cut their target price on shares of Charles Schwab from $122.00 to $120.00 and set a “buy” rating on the stock in a report on Wednesday, April 1st. UBS Group increased their price target on Charles Schwab from $123.00 to $125.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Raymond James Financial reissued an “outperform” rating and issued a $114.00 price target on shares of Charles Schwab in a report on Monday, January 5th. Citizens Jmp boosted their price objective on Charles Schwab from $110.00 to $120.00 and gave the company a “market outperform” rating in a research report on Monday, January 12th. Finally, TD Cowen upped their price objective on Charles Schwab from $135.00 to $138.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $115.95.

Charles Schwab Stock Up 1.0%

NYSE:SCHW traded up $0.90 during mid-day trading on Monday, reaching $94.67. The stock had a trading volume of 1,769,882 shares, compared to its average volume of 10,468,092. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.62 and a quick ratio of 0.62. The company has a market capitalization of $164.54 billion, a price-to-earnings ratio of 20.30, a price-to-earnings-growth ratio of 0.78 and a beta of 0.90. Charles Schwab has a 1-year low of $65.88 and a 1-year high of $107.50. The stock’s 50 day simple moving average is $96.46 and its two-hundred day simple moving average is $96.31.

Charles Schwab (NYSE:SCHW) last announced its quarterly earnings data on Wednesday, January 21st. The financial services provider reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.07. Charles Schwab had a return on equity of 21.97% and a net margin of 37.01%.The firm had revenue of $6.34 billion for the quarter, compared to analysts’ expectations of $6.19 billion. During the same quarter in the prior year, the firm posted $1.01 earnings per share. Charles Schwab’s revenue for the quarter 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. Equities analysts anticipate that Charles Schwab will post 4.22 EPS for the current year.

Insider Buying and Selling at Charles Schwab

In related news, insider Dennis Howard sold 27,903 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $95.02, for a total value of $2,651,343.06. Following the sale, the insider directly owned 10,470 shares in the company, valued at $994,859.40. This trade represents a 72.72% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Paul V. Woolway sold 15,884 shares of Charles Schwab stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $95.12, for a total value of $1,510,886.08. Following the sale, the insider directly owned 35,992 shares in the company, valued at $3,423,559.04. The trade was a 30.62% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 413,568 shares of company stock valued at $42,435,038. 6.30% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Charles Schwab

Institutional investors have recently bought and sold shares of the stock. Brighton Jones LLC increased its stake in shares of Charles Schwab by 380.5% during the fourth quarter. Brighton Jones LLC now owns 24,240 shares of the financial services provider’s stock valued at $1,794,000 after acquiring an additional 19,195 shares during the period. Sivia Capital Partners LLC boosted its stake in Charles Schwab by 21.6% during the 2nd quarter. Sivia Capital Partners LLC now owns 4,553 shares of the financial services provider’s stock valued at $415,000 after purchasing an additional 809 shares in the last quarter. United Bank increased its position in shares of Charles Schwab by 7.1% during the 2nd quarter. United Bank now owns 16,053 shares of the financial services provider’s stock valued at $1,465,000 after purchasing an additional 1,070 shares during the period. Guggenheim Capital LLC raised its stake in shares of Charles Schwab by 4.9% in the 2nd quarter. Guggenheim Capital LLC now owns 26,997 shares of the financial services provider’s stock worth $2,463,000 after buying an additional 1,258 shares in the last quarter. Finally, First Trust Advisors LP lifted its holdings in shares of Charles Schwab by 260.9% in the second quarter. First Trust Advisors LP now owns 561,817 shares of the financial services provider’s stock valued at $51,260,000 after buying an additional 406,146 shares during the period. Institutional investors and hedge funds own 84.38% of the company’s stock.

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.