United Asset Strategies Inc. Sells 13,131 Shares of The Charles Schwab Corporation $SCHW

Posted by Geri Gentry on Oct 30th, 2026

United Asset Strategies Inc. lessened its holdings in The Charles Schwab Corporation (NYSE:SCHW – Free Report) by 6.7% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 183,297 shares of the financial services provider’s stock after selling 13,131 shares during the period. Charles Schwab makes up approximately 1.2% of United Asset Strategies Inc.’s holdings, making the stock its 21st biggest holding. United Asset Strategies Inc.’s holdings in Charles Schwab were worth $17,915,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in SCHW. Compass Financial Management LLC purchased a new position in shares of Charles Schwab during the second quarter valued at $27,000. Scarborough Advisors LLC bought a new stake in shares of Charles Schwab in the 1st quarter valued at about $29,000. Main Street Group LTD purchased a new stake in shares of Charles Schwab in the 1st quarter worth approximately $33,000. Mascoma Wealth Management LLC lifted its position in shares of Charles Schwab by 71.6% in the 3rd quarter. Mascoma Wealth Management LLC now owns 374 shares of the financial services provider’s stock worth $37,000 after purchasing an additional 156 shares during the period. Finally, GK Wealth Management LLC purchased a new stake in shares of Charles Schwab in the 3rd quarter worth approximately $41,000. 84.38% of the stock is currently owned by institutional investors.

Key Stories Impacting Charles Schwab

Here are the key news stories impacting Charles Schwab this week:

Positive Sentiment: Schwab is accelerating its artificial-intelligence strategy, moving from experimentation toward practical applications for operations, financial planning and client engagement. The firm invested in AI startup Nevis and is integrating Anthropic’s Claude for Financial Advisors into Schwab Advisor Center, potentially strengthening advisor retention and platform usage. Charles Schwab Invests in AI Start-Up Nevis
Positive Sentiment: Management plans to expand bank-like capabilities for registered investment advisors and continue supporting smaller RIA firms. This could help Schwab capture assets from wirehouse teams and deepen relationships with its more than 17,000 independent advisors. Schwab is also offering credits to encourage adoption of enterprise AI tools. Schwab to Push Bank Capabilities for RIAs
Positive Sentiment: The asset-management division is considering additional exchange-traded funds focused on active fixed income and dividend strategies. A broader ETF lineup could support fee revenue and improve Schwab’s competitiveness in a growing product category. Charles Schwab Eyes ETF Expansion
Neutral Sentiment: Schwab executives described economic data as stronger than public sentiment but warned that inflation could remain sticky because of tariffs and geopolitical risks. The backdrop is mixed for a brokerage whose results are sensitive to interest rates, trading activity and client cash balances. US Economy Grows Most in a Year
Negative Sentiment: Evercore ISI lowered its price target for SCHW to $98 from $104, which may weigh on sentiment even though the revised target remains above the recent trading level. Evercore ISI Adjusts Price Target
Negative Sentiment: Unusual options activity included roughly 26,195 SCHW put options, about 24% above average daily volume, suggesting increased hedging or bearish positioning. Schwab’s advice that investors reduce concentration in the AI trade also highlights market-risk concerns, although it is not a company-specific fundamental deterioration.

Analyst Ratings Changes

Several brokerages recently issued reports on SCHW. Piper Sandler cut their price objective on shares of Charles Schwab from $118.00 to $100.00 and set a “neutral” rating on the stock in a report on Friday, October 2nd. Barclays lowered their target price on Charles Schwab from $118.00 to $115.00 and set an “overweight” rating for the company in a report on Friday, October 16th. Citigroup reiterated a “market outperform” rating on shares of Charles Schwab in a report on Friday, October 16th. TD Cowen lifted their price target on Charles Schwab from $128.00 to $129.00 and gave the company a “buy” rating in a report on Monday, October 12th. Finally, Keefe, Bruyette & Woods reissued an “outperform” rating and issued a $111.00 price target (up from $109.00) on shares of Charles Schwab in a research report on Friday, October 16th. Eighteen research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $119.91.

View Our Latest Report on SCHW

Insider Buying and Selling at Charles Schwab

In other Charles Schwab news, insider Jonathan Beatty sold 1,000 shares of Charles Schwab stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $111.33, for a total transaction of $111,330.00. Following the completion of the sale, the insider directly owned 10,738 shares in the company, valued at approximately $1,195,461.54. The trade was a 8.52% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Chairman Walter Bettinger sold 74,388 shares of the company’s stock in a transaction on Friday, August 28th. The shares were sold at an average price of $110.91, for a total transaction of $8,250,373.08. Following the completion of the sale, the chairman directly owned 610,360 shares in the company, valued at $67,695,027.60. This trade represents a 10.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 285,734 shares of company stock worth $32,073,309. Corporate insiders own 6.30% of the company’s stock.

Charles Schwab Price Performance

Shares of SCHW opened at $89.46 on Friday. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.64 and a quick ratio of 0.64. The company’s fifty day moving average price is $100.95 and its 200-day moving average price is $97.74. The firm has a market capitalization of $154.71 billion, a PE ratio of 15.27, a price-to-earnings-growth ratio of 0.79 and a beta of 0.79. The Charles Schwab Corporation has a 1-year low of $83.96 and a 1-year high of $114.53.

Charles Schwab (NYSE:SCHW – Get Free Report) last announced its quarterly earnings data on Thursday, October 15th. The financial services provider reported $1.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.66 by $0.03. Charles Schwab had a return on equity of 25.79% and a net margin of 39.33%. The firm had revenue of $7.17 billion during the quarter, compared to analysts’ expectations of $7.18 billion. During the same period last year, the business posted $1.31 earnings per share. The company’s revenue for the quarter was up 16.9% compared to the same quarter last year. On average, equities research analysts predict that The Charles Schwab Corporation will post 6.41 EPS for the current year.

Charles Schwab Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 27th. Shareholders of record on Friday, November 13th will be given a dividend of $0.32 per share. The ex-dividend date of this dividend is Friday, November 13th. This represents a $1.28 dividend on an annualized basis and a yield of 1.4%. Charles Schwab’s dividend payout ratio (DPR) is currently 21.84%.

About Charles Schwab

(Free Report)

The Charles Schwab Corporation (NYSE: SCHW) is a financial services company that provides investment, wealth management, banking and related services to individual investors, financial professionals and institutional clients. Through its brokerage business, Schwab offers trading and custody services for stocks, exchange-traded funds, mutual funds, options, fixed-income securities and other investments, along with retirement accounts and investment research tools.

The company also provides advisory and wealth management services, including managed portfolios, financial planning and support for registered investment advisors.