Elmwood Wealth Management Inc. Sells 982 Shares of The Charles Schwab Corporation (NYSE:SCHW)

03 Jul 2025, 06:59 by Scott Moore · The Cerbat Gem

Elmwood Wealth Management Inc. trimmed its stake in The Charles Schwab Corporation (NYSE:SCHW – Free Report) by 5.7% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,364 shares of the financial services provider’s stock after selling 982 shares during the period. Elmwood Wealth Management Inc.’s holdings in Charles Schwab were worth $1,281,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Atwood & Palmer Inc. purchased a new stake in Charles Schwab in the first quarter worth about $25,000. Westside Investment Management Inc. lifted its position in shares of Charles Schwab by 75.0% during the 1st quarter. Westside Investment Management Inc. now owns 350 shares of the financial services provider’s stock valued at $27,000 after buying an additional 150 shares in the last quarter. WFA Asset Management Corp bought a new position in shares of Charles Schwab during the 1st quarter valued at approximately $33,000. Murphy & Mullick Capital Management Corp purchased a new stake in Charles Schwab in the 4th quarter worth approximately $38,000. Finally, Beacon Capital Management LLC raised its stake in Charles Schwab by 53.1% during the 1st quarter. Beacon Capital Management LLC now owns 487 shares of the financial services provider’s stock worth $38,000 after acquiring an additional 169 shares during the period. 84.38% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, Director Paula A. Sneed sold 8,647 shares of Charles Schwab stock in a transaction dated Tuesday, May 27th. The shares were sold at an average price of $88.06, for a total transaction of $761,454.82. Following the completion of the transaction, the director directly owned 105,654 shares of the company’s stock, valued at approximately $9,303,891.24. The trade was a 7.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Paul V. Woolway sold 3,290 shares of the stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $90.95, for a total transaction of $299,225.50. Following the completion of the sale, the insider directly owned 35,864 shares in the company, valued at $3,261,830.80. This trade represents a 8.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 119,905 shares of company stock valued at $10,530,833. 6.30% of the stock is currently owned by company insiders.

Charles Schwab Trading Up 0.1%

SCHW opened at $91.27 on Thursday. The stock has a 50-day moving average of $86.98 and a 200 day moving average of $80.59. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 0.53. The Charles Schwab Corporation has a 12 month low of $61.01 and a 12 month high of $91.82. The firm has a market cap of $165.83 billion, a P/E ratio of 27.66, a P/E/G ratio of 0.97 and a beta of 0.93.

Charles Schwab (NYSE:SCHW – Get Free Report) last announced its earnings results on Thursday, April 17th. The financial services provider reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.03. Charles Schwab had a return on equity of 18.31% and a net margin of 31.71%. The firm had revenue of $5.60 billion during the quarter, compared to analysts’ expectations of $5.46 billion. During the same quarter in the previous year, the business earned $0.74 EPS. As a group, research analysts forecast that The Charles Schwab Corporation will post 4.22 EPS for the current year.

Charles Schwab Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 23rd. Stockholders of record on Friday, May 9th were paid a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 1.18%. The ex-dividend date of this dividend was Friday, May 9th. Charles Schwab’s dividend payout ratio is currently 32.73%.

Analyst Upgrades and Downgrades

SCHW has been the subject of a number of recent analyst reports. The Goldman Sachs Group upgraded shares of Charles Schwab from a “neutral” rating to a “buy” rating and set a $100.00 price target for the company in a research report on Friday, April 25th. JMP Securities reaffirmed a “market outperform” rating and issued a $94.00 target price on shares of Charles Schwab in a report on Monday, April 21st. UBS Group upped their price objective on Charles Schwab from $95.00 to $96.00 and gave the stock a “buy” rating in a research note on Tuesday, April 22nd. Citigroup raised Charles Schwab from a “neutral” rating to a “buy” rating and lifted their target price for the company from $85.00 to $102.00 in a research note on Wednesday, April 2nd. Finally, Piper Sandler upped their price target on Charles Schwab from $74.00 to $80.00 in a research note on Thursday, April 17th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and fifteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $89.40.

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