Nixon Peabody Trust 13F: New $2.4M Stake in SCHW
Key Points
- Nixon Peabody Trust opened a new position with 24,633 shares of The Charles Schwab Corporation, worth about $2.41 million at the recent price of $90.58.
- The stock trades below its 50-day and 200-day moving averages, indicating potential challenges in the near term.
- Analysts maintain a generally positive outlook, with a consensus buy rating and a mean price target of $117.59.
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This information comes from the fund's latest Form 13F filing with the SEC.
SCHW
The Charles Schwab Corporation
Nixon Peabody Trust vs. the S&P 500
Hypothetical returns from Nixon Peabody Trust's disclosed trades, not real profit or advice. How we model this.
Where The Charles Schwab Corporation Fits in Nixon Peabody Trust's Portfolio
This new position represents a fresh stake for Nixon Peabody Trust, which now holds 24,633 shares in The Charles Schwab Corporation. The reported value of this position is about 1.54% of the fund's total reported value, indicating a modest investment in this stock.
Other Institutional Activity in SCHW
Montrusco Bolton Investments holds 695,062 shares of The Charles Schwab Corporation, valued at approximately $67.94 million. Heck Capital Advisors added 24,020 shares, bringing its total to 24,020 shares worth about $2.35 million. Dodge & Cox Inc. owns 76,968,323 shares, worth around $6.97 billion, after increasing its position by 1,965,085 shares.
The Charles Schwab Corporation Stock Down 0.9%
The Charles Schwab Corporation's shares are currently trading at $90.58, which is about equal to the closing price on the filing date. However, the stock is below its 50-day moving average by 11.8% and its 200-day moving average by 7.4%. It also trades 20.9% below its 52-week high of $114.53, but is 7.9% above its 52-week low of $83.96.
Recent Earnings
The Charles Schwab Corporation reported trailing twelve-month revenue of approximately $27.06 billion and earnings per share of $5.85. The next earnings report is expected on January 21, 2027.
Insider Buying and Selling at The Charles Schwab Corporation
Walter W. Bettinger II, the Chairman of the Board, sold 74,388 shares on August 28, 2026, at an average price of $110.91, totaling about $8.25 million. Neesha Hathi, an Officer, sold 3,177 shares at an average price of $108.12 on the same day, amounting to around $343,497.
Analysts Set New Price Targets
On October 16, 2026, Barclays maintained an Overweight rating with a price target of $115.00, while UBS also maintained a Buy rating with a target of $109.00. Morgan Stanley reiterated an Overweight rating with a target of $132.00 on October 21, 2026.
About The Charles Schwab Corporation
The Charles Schwab Corporation is a financial services company that provides wealth management, securities brokerage, banking, and asset management services. It operates in two segments, Investor Services and Advisor Services, serving clients in the U.S. and internationally.
Bottom Line
Investors will be watching for the next earnings report on January 21, 2027, to gauge the company's performance. Nixon Peabody Trust's new position reflects a strategic move in a stock that's currently facing some trading challenges, given its recent performance relative to moving averages.
Related Filing Alerts
Source: Nixon Peabody Trust's 13F filing on $SCHW (Oct 23, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts