The Charles Schwab Corporation (SCHW) continues to generate attention from both analysts and institutional investors. Several firms and entities elevated their stake in the company or launched new holdings, including
Treasurer of North Carolina,
DRW Securities LLC,
FIL Ltd,
CenterBook Partners LP, and
Martingale Asset Management L P. The company was subject to
shareholder activism as the shares dropped by 11%, yet it has been deemed as one of the leading financial stocks invested in by billionaires, with
74% of SCHW owned by institutional shareholders. The much-anticipated
Q4 report anticipates growth in earnings, on the heels of
strong returns during Q4. The company faced some controversy with some price-target reductions by Wells Fargo & Company and Barclays, and an insider sale of $1.8 million in stock by Director Carolyn Schwab-Pomerantz. These events have not deterred the view of the company as a great momentum stock. SCHW is witnessing a shift towards offense, plans a $1.5B buyback, and recently announced the pricing of a $13.1 billion secondary offering of its common stock. This all signifies SCHW's ability to adapt and thrive amidst market turbulence.
The Charles Schwab Corporation SCHW News Analytics from Wed, 18 Dec 2024 08:00:00 GMT to Sat, 12 Apr 2025 14:36:03 GMT -
Rating 7
- Innovation 4
- Information 9
- Rumor 5
