Two 59%+ winners, four above 25% in Aug – How this AI model keeps picking winners
Charles R. Schwab, Co-Chairman of Schwab Charles Corp (NYSE:SCHW), has recently sold a significant portion of the company’s common stock. The $145 billion financial services giant, which has maintained dividend payments for 37 consecutive years, continues to show strong market performance with a 17% return over the past year. According to a recent SEC filing, Schwab disposed of 55,598 shares at an average price of $79.1387 per share, amounting to a total transaction value of approximately $4.4 million. This transaction was executed on February 27, 2025. Following this sale, Schwab holds approximately 59.97 million shares indirectly through various trusts and partnerships. With 12 analysts recently revising their earnings expectations upward and the stock trading slightly below its InvestingPro Fair Value, investors can access comprehensive analysis and additional insights through the detailed Pro Research Report available on InvestingPro.
In other recent news, Charles Schwab Corporation reported a notable 75% increase in core net new assets for January 2025, totaling $30.6 billion. This growth contributed to total client assets reaching $10.33 trillion, a 21% rise from the previous year. The company also completed a significant $13.1 billion stock sale, marking TD Group US Holdings LLC’s exit from its position in Schwab. The transaction involved the sale of 165,443,530 shares at $79.25 each, with Schwab buying back $1.5 billion worth of shares from TD. Analysts from Keefe, Bruyette & Woods maintained an Outperform rating for Schwab, with a price target of $93, following this development. Meanwhile, Truist Securities increased Schwab’s stock target to $91, maintaining a Buy rating and reflecting confidence in the company’s financial strategy. Schwab’s commitment to opportunistic share buybacks throughout 2025 is part of its broader financial objectives. These developments indicate ongoing strategic maneuvers by Schwab to enhance shareholder value and align with its financial goals.
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