SCHW
NYSE:SCHW
The Charles Schwab Corporation
- Stock
81.51
+0.14%
−17.18
news - 2 hours ago
11,227 Shares in WEC Energy Group, Inc. (NYSE:WEC) Purchased by Aigen Investment Management LP
Aigen Investment Management LP acquired 11,227 shares of WEC Energy Group, Inc. for approximately $1,224,000 during the first quarter, marking a significant institutional investment. The company reported strong quarterly earnings with $0.76 earnings per share, exceeding analyst expectations, and a 13.4% year-over-year revenue increase to $2.01 billion. WEC Energy Group announced a quarterly dividend of $0.8925 per share, resulting in a 3.3% yield. Insiders, including Director Gale E. Klappa and CEO, have recently sold shares, reducing their holdings. Hedge funds such as GAMMA Investing LLC, Janus Henderson Group PLC, Charles Schwab, and JPMorgan Chase & Co. also increased their stakes. The company has a market capitalization of $35.23 billion, a P/E ratio of 20.97, and a debt-to-equity ratio of 1.28. Brokerage research opinions have shifted, with Goldman Sachs downgrading to 'sell' and Wells Fargo upgrading to 'overweight'.
marketbeat.comnews - 3 hours ago
Conagra Brands (NYSE:CAG) Holdings Lifted by Mitsubishi UFJ Asset Management Co. Ltd.
Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in Conagra Brands by 11% during the first quarter, owning 874,815 shares valued at $23.3 million, representing 0.18% of the company's equity. Conagra Brands reported earnings per share of $0.56 for the quarter, missing estimates by $0.05, with revenue of $2.78 billion, down 4.3% year-over-year. The company announced a quarterly dividend of $0.35, resulting in an annualized dividend yield of 7.3% and a payout ratio of 58.58%. Several institutional investors adjusted their positions, including Y.D. More Investments Ltd, Headlands Technologies LLC, 1834 Investment Advisors Co., Charles Schwab Investment Management Inc., and ASR Vermogensbeheer N.V. Major analysts reduced price targets and ratings, with a consensus rating of 'Hold' and an average price target of $22.58. Shares traded up to $19.53 on Tuesday, with a market capitalization of $9.35 billion, a P/E ratio of 8.17, and a debt-to-equity ratio of 0.70. The company operates in the U.S. as a consumer packaged goods food business through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments.
marketbeat.comnews - 3 hours ago
Monolithic Power Systems, Inc. (NASDAQ:MPWR) Shares Bought by Charles Schwab Investment Management Inc.
Charles Schwab Investment Management Inc. increased its stake in Monolithic Power Systems, Inc. by 3.1% during the first quarter, owning 335,986 shares worth $194.865 million as of its most recent SEC filing. Vanguard Group Inc. grew its holdings by 1.7%, now owning 5,920,669 shares valued at $3.433 billion. Price T Rowe Associates Inc. MD increased its position by 16.3%, now holding 1,528,301 shares worth $904.3 million. Brown Advisory Inc. grew its stake by 0.5%, now owning 986,005 shares valued at $583.4 million. GAMMA Investing LLC significantly increased its stake by 76,432.3%, now holding 778,333 shares worth $451.4 million. Northern Trust Corp increased its holdings by 22.8%, now owning 509,293 shares valued at $301.3 million. Hedge funds and institutional investors collectively own 93.46% of the company's stock. The company reported a quarterly EPS of $4.21, exceeding expectations, with a 31.0% revenue increase year-over-year and a net margin of 73.17%. Monolithic Power Systems announced a $1.56 per share dividend, paid on July 15th, with a 0.7% dividend yield and a 16.25% payout ratio. Executives EVP and CFO sold shares on August 1st, reducing their ownership by 24.75% and 6.39% respectively. Analysts including Needham & Company, Citigroup, Loop Capital, Raymond James Financial, and KeyCorp raised price targets and maintained or upgraded their ratings, with a consensus average target price of $838.09 and a 'Moderate Buy' rating.
marketbeat.comnews - 4 hours ago
Public Sector Pension Investment Board Sells 85,773 Shares of Procter & Gamble Company (The)
The Public Sector Pension Investment Board reduced its stake in Procter & Gamble by 11.7% during the first quarter, selling 85,773 shares and holding 647,235 shares valued at approximately $110 million. Procter & Gamble reported quarterly earnings exceeding expectations with an EPS of $1.48, surpassing the consensus estimate of $1.42, and achieved 1.7% year-over-year revenue growth to $20.89 billion. The company declared a quarterly dividend of $1.0568 per share, resulting in an annual yield of 2.8% and a payout ratio of 64.98%. Institutional investors such as Northern Trust, Goldman Sachs, Charles Schwab, UBS AM, and Invesco adjusted their holdings, with UBS AM and Invesco increasing their positions by 15.8% and 19.8% respectively. Institutional investors and hedge funds collectively own 65.77% of the company's stock. P&G's stock traded at $155.19 on Tuesday, up $0.21 from the previous day, with a 52-week range of $149.91 to $180.43. Key financial metrics include a market capitalization of $363.51 billion, a PE ratio of 23.84, a return on equity of 32.69%, and a net margin of 18.95%. Analysts provided varied ratings, with UBS maintaining a 'buy' rating at $180.00 and Redburn Atlantic lowering its rating to 'neutral' at $161.00; the consensus rating is 'Moderate Buy' with a target price of $175.88.
marketbeat.comnews - 4 hours ago
Aigen Investment Management LP Has $946,000 Holdings in Archer Daniels Midland Company (NYSE:ADM)
Aigen Investment Management LP reduced its holdings in Archer Daniels Midland Company (ADM) by 58.0% in the first quarter, down to 19,710 shares valued at $946,000. Other institutional investors such as Charles Schwab, Northern Trust, Invesco, Jacobs Levy, and FMR LLC increased their positions in ADM, with Charles Schwab's holdings rising to 17.45 million shares worth $838 million. Brokerage ratings for ADM shifted, with Bank of America lowering its rating to 'underperform' and price target to $45.00, while UBS raised its rating to 'buy' with a $70.00 target. Citigroup and Barclays also adjusted their ratings and price targets. ADM reported quarterly earnings of $0.93 EPS, exceeding estimates, with revenue of $21.17 billion and a net margin of 1.33%. The company declared a $0.51 per share quarterly dividend, resulting in an annualized yield of 3.5%. ADM operates globally in agricultural commodities and has a market cap of $28.13 billion.
marketbeat.comDescription
The Charles Schwab Corporation, together with its subsidiaries, provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. The company operates in two segments, Investor Services and Advisor Services. The Investor Services segment provides retail brokerage, investment advisory, banking and trust, retirement plan, and o...Show More
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*Estimate based on analyst consensus