Treasurer of the State of North Carolina Raises Stock Position in The Charles Schwab Corporation $SCHW

12 Dec 2025, 10:44 by Renee Jackson · The Cerbat Gem

Treasurer of the State of North Carolina grew its stake in The Charles Schwab Corporation (NYSE:SCHW – Free Report) by 5.1% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 797,239 shares of the financial services provider’s stock after purchasing an additional 38,701 shares during the period. Treasurer of the State of North Carolina’s holdings in Charles Schwab were worth $72,740,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Vanguard Personalized Indexing Management LLC boosted its position in Charles Schwab by 26.8% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 190,538 shares of the financial services provider’s stock worth $17,387,000 after purchasing an additional 40,275 shares in the last quarter. Bain Capital Public Equity Management II LLC purchased a new position in shares of Charles Schwab in the first quarter valued at $79,605,000. Figure 8 Investment Strategies LLC acquired a new position in shares of Charles Schwab during the 2nd quarter worth $924,000. PFG Investments LLC boosted its position in shares of Charles Schwab by 10.2% in the 2nd quarter. PFG Investments LLC now owns 5,951 shares of the financial services provider’s stock worth $543,000 after buying an additional 550 shares in the last quarter. Finally, W.H. Cornerstone Investments Inc. acquired a new stake in Charles Schwab in the 2nd quarter valued at about $246,000. 84.38% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on SCHW. JPMorgan Chase & Co. lifted their target price on shares of Charles Schwab from $119.00 to $121.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Bank of America raised their price objective on shares of Charles Schwab from $88.00 to $91.00 and gave the stock an “underperform” rating in a research note on Wednesday. JMP Securities reaffirmed a “market outperform” rating and issued a $110.00 target price on shares of Charles Schwab in a research note on Friday, October 17th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Charles Schwab in a report on Wednesday, October 8th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on Charles Schwab from $119.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, October 17th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $108.58.

Get Our Latest Stock Report on Charles Schwab

Charles Schwab Trading Up 1.2%

Shares of SCHW opened at $97.00 on Friday. The Charles Schwab Corporation has a fifty-two week low of $65.88 and a fifty-two week high of $99.59. The company has a market capitalization of $172.36 billion, a PE ratio of 22.72, a price-to-earnings-growth ratio of 0.85 and a beta of 0.96. The stock has a fifty day moving average of $93.81 and a two-hundred day moving average of $93.34. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.58 and a current ratio of 0.58.

Charles Schwab (NYSE:SCHW – Get Free Report) last announced its quarterly earnings data on Thursday, October 16th. The financial services provider reported $1.31 EPS for the quarter, beating analysts’ consensus estimates of $1.25 by $0.06. The business had revenue of $6.38 billion during the quarter, compared to the consensus estimate of $5.93 billion. Charles Schwab had a return on equity of 21.02% and a net margin of 35.93%.The business’s revenue for the quarter was up 26.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.71 earnings per share. As a group, analysts forecast that The Charles Schwab Corporation will post 4.22 EPS for the current year.

Charles Schwab Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 28th. Shareholders of record on Friday, November 14th were issued a $0.27 dividend. The ex-dividend date was Friday, November 14th. This represents a $1.08 annualized dividend and a yield of 1.1%. Charles Schwab’s payout ratio is 25.29%.

Insider Transactions at Charles Schwab

In related news, insider Jonathan S. Beatty sold 3,072 shares of the business’s stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $98.00, for a total value of $301,056.00. Following the completion of the sale, the insider directly owned 11,923 shares in the company, valued at approximately $1,168,454. The trade was a 20.49% 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 the SEC website. Also, insider Paul V. Woolway sold 3,205 shares of the stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $93.33, for a total transaction of $299,122.65. Following the transaction, the insider directly owned 34,778 shares in the company, valued at approximately $3,245,830.74. This represents a 8.44% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 6.30% of the company’s stock.

Charles Schwab Company Profile

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