First National Advisers LLC Purchases 43,793 Shares of The Charles Schwab Corporation $SCHW

First National Advisers LLC lifted its stake in The Charles Schwab Corporation (NYSE:SCHW) by 590.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 51,206 shares of the financial services provider’s stock after acquiring an additional 43,793 shares during the quarter. Charles Schwab makes up approximately 0.7% of First National Advisers LLC’s investment portfolio, making the stock its 27th largest position. First National Advisers LLC’s holdings in Charles Schwab were worth $5,116,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of SCHW. Dogwood Wealth Management LLC increased its position in shares of Charles Schwab by 99.2% in the fourth quarter. Dogwood Wealth Management LLC now owns 247 shares of the financial services provider’s stock valued at $25,000 after acquiring an additional 123 shares during the last quarter. Piscataqua Savings Bank acquired a new stake in shares of Charles Schwab in the fourth quarter valued at about $26,000. GoalVest Advisory LLC acquired a new stake in shares of Charles Schwab in the fourth quarter valued at about $28,000. Beacon Financial Strategies CORP acquired a new stake in shares of Charles Schwab in the fourth quarter valued at about $29,000. Finally, Optima Capital LLC acquired a new stake in shares of Charles Schwab in the fourth quarter valued at about $30,000. Institutional investors and hedge funds own 84.38% of the company’s stock.

Insiders Place Their Bets

In other news, insider Paul V. Woolway sold 15,884 shares of the company’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $95.12, for a total value of $1,510,886.08. Following the transaction, the insider owned 35,992 shares of the company’s stock, valued at approximately $3,423,559.04. This represents a 30.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Frank C. Herringer sold 2,520 shares of the company’s stock in a transaction that occurred on Tuesday, April 28th. The shares were sold at an average price of $90.60, for a total value of $228,312.00. Following the completion of the transaction, the director directly owned 177,508 shares in the company, valued at $16,082,224.80. The trade was a 1.40% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 126,924 shares of company stock worth $12,268,634 in the last three months. 6.30% of the stock is owned by corporate insiders.

Charles Schwab Price Performance

Shares of NYSE SCHW opened at $87.82 on Tuesday. The business’s 50 day moving average price is $93.42 and its two-hundred day moving average price is $96.08. The company has a market cap of $152.64 billion, a PE ratio of 17.42, a price-to-earnings-growth ratio of 0.70 and a beta of 0.80. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 0.52. The Charles Schwab Corporation has a twelve month low of $84.06 and a twelve month high of $107.50.

Charles Schwab (NYSE:SCHW) last announced its quarterly earnings results on Thursday, April 16th. The financial services provider reported $1.43 earnings per share for the quarter, topping analysts’ consensus estimates of $1.39 by $0.04. The firm had revenue of $6.48 billion for the quarter, compared to the consensus estimate of $6.39 billion. Charles Schwab had a return on equity of 23.03% and a net margin of 37.99%.The business’s revenue was up 15.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.04 earnings per share. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. On average, analysts predict that The Charles Schwab Corporation will post 5.99 EPS for the current year.

Charles Schwab Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Friday, May 8th will be given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Friday, May 8th. Charles Schwab’s payout ratio is 25.40%.

Analyst Upgrades and Downgrades

SCHW has been the topic of a number of recent research reports. Citigroup reaffirmed a “market outperform” rating on shares of Charles Schwab in a research report on Monday, January 12th. Keefe, Bruyette & Woods initiated coverage on Charles Schwab in a research report on Wednesday, April 8th. They issued an “outperform” rating and a $110.00 target price on the stock. Argus set a $108.00 target price on Charles Schwab in a research report on Monday, April 20th. Truist Financial lowered their target price on Charles Schwab from $122.00 to $120.00 and set a “buy” rating on the stock in a research report on Wednesday, April 1st. Finally, Citizens Jmp lifted their target price 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. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $114.00.

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.