JNBA Financial Advisors Sells 345 Shares of The Charles Schwab Corporation (NYSE:SCHW)

01 Jul 2025, 13:36 by Amy Steele · The Cerbat Gem

JNBA Financial Advisors decreased its holdings in The Charles Schwab Corporation (NYSE:SCHW – Free Report) by 2.3% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,923 shares of the financial services provider’s stock after selling 345 shares during the period. JNBA Financial Advisors’ holdings in Charles Schwab were worth $1,168,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Cary Street Partners Financial LLC purchased a new stake in shares of Charles Schwab during the fourth quarter valued at about $1,455,000. Banco Santander S.A. lifted its position in Charles Schwab by 49.6% during the fourth quarter. Banco Santander S.A. now owns 16,316 shares of the financial services provider’s stock valued at $1,208,000 after acquiring an additional 5,413 shares during the last quarter. Graham Capital Management L.P. boosted its stake in Charles Schwab by 248.3% in the fourth quarter. Graham Capital Management L.P. now owns 112,376 shares of the financial services provider’s stock valued at $8,317,000 after acquiring an additional 80,112 shares in the last quarter. State of Alaska Department of Revenue grew its holdings in Charles Schwab by 17.2% in the first quarter. State of Alaska Department of Revenue now owns 199,687 shares of the financial services provider’s stock worth $15,631,000 after purchasing an additional 29,255 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Charles Schwab by 14.2% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 618,033 shares of the financial services provider’s stock worth $45,741,000 after purchasing an additional 76,954 shares in the last quarter. Institutional investors own 84.38% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on SCHW shares. TD Securities boosted their target price on Charles Schwab from $95.00 to $113.00 and gave the stock a “buy” rating in a research note on Tuesday, May 20th. JPMorgan Chase & Co. upped their price target on shares of Charles Schwab from $92.00 to $95.00 and gave the company an “overweight” rating in a research note on Monday, April 21st. Wells Fargo & Company lowered their price objective on shares of Charles Schwab from $93.00 to $87.00 and set an “overweight” rating for the company in a research note on Tuesday, April 8th. Barclays cut their target price on Charles Schwab from $96.00 to $84.00 and set an “overweight” rating on the stock in a research report on Monday, April 7th. Finally, JMP Securities reaffirmed a “market outperform” rating and set a $94.00 price target on shares of Charles Schwab in a research report on Monday, April 21st. Two analysts have rated the stock with a sell rating, three have given a hold rating and fifteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, Charles Schwab has an average rating of “Moderate Buy” and an average target price of $89.40.

Get Our Latest Stock Report on Charles Schwab

Insider Buying and Selling

In other Charles Schwab news, insider Paul V. Woolway sold 10,129 shares of the company’s stock in a transaction on Wednesday, June 18th. The shares were sold at an average price of $90.01, for a total transaction of $911,711.29. Following the completion of the transaction, the insider directly owned 39,154 shares in the company, valued at approximately $3,524,251.54. This represents a 20.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Jonathan M. Craig sold 47,500 shares of Charles Schwab stock in a transaction dated Wednesday, May 21st. The shares were sold at an average price of $88.46, for a total transaction of $4,201,850.00. The disclosure for this sale can be found here. Insiders have sold a total of 116,615 shares of company stock worth $10,231,607 in the last ninety days. 6.30% of the stock is owned by corporate insiders.

Charles Schwab Stock Up 1.4%

Shares of SCHW stock opened at $91.26 on Tuesday. The Charles Schwab Corporation has a twelve month low of $61.01 and a twelve month high of $91.46. The stock has a market cap of $165.82 billion, a P/E ratio of 27.65, a P/E/G ratio of 0.96 and a beta of 0.94. The stock has a 50 day moving average of $86.42 and a 200 day moving average of $80.44. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 0.53.

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

Charles Schwab Dividend Announcement

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

Charles Schwab Profile

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