The Charles Schwab Corporation $SCHW Shares Newly Bought by CHICAGO TRUST Co NA

Posted by Stanley Muller on Nov 1st, 2026

CHICAGO TRUST Co NA acquired a new stake in The Charles Schwab Corporation (NYSE:SCHW – Free Report) in the 3rd quarter, HoldingsChannel reports. The fund acquired 5,848 shares of the financial services provider’s stock, valued at approximately $572,000.

A number of other hedge funds have also recently modified their holdings of SCHW. Flossbach Von Storch SE purchased a new position in shares of Charles Schwab during the 2nd quarter valued at approximately $987,930,000. Bank of New York Mellon Corp grew its position in Charles Schwab by 22.9% during the first quarter. Bank of New York Mellon Corp now owns 16,162,082 shares of the financial services provider’s stock valued at $1,518,913,000 after buying an additional 3,009,884 shares during the period. Danske Bank A S acquired a new stake in Charles Schwab during the second quarter valued at $145,950,000. Assenagon Asset Management S.A. grew its position in Charles Schwab by 67.6% during the third quarter. Assenagon Asset Management S.A. now owns 2,923,270 shares of the financial services provider’s stock valued at $285,720,000 after buying an additional 1,179,312 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund increased its holdings in Charles Schwab by 63.4% in the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,786,512 shares of the financial services provider’s stock valued at $261,876,000 after buying an additional 1,081,382 shares in the last quarter. Hedge funds and other institutional investors own 84.38% of the company’s stock.

Charles Schwab Stock Performance

NYSE:SCHW opened at $88.01 on Friday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.64 and a current ratio of 0.64. The company has a fifty day moving average of $100.52 and a two-hundred day moving average of $97.67. The stock has a market capitalization of $152.20 billion, a PE ratio of 15.02, a P/E/G ratio of 0.78 and a beta of 0.79. The Charles Schwab Corporation has a fifty-two week low of $83.96 and a fifty-two week high of $114.53.

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

Charles Schwab Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 27th. Investors of record on Friday, November 13th will be paid a $0.32 dividend. 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 1.5%. Charles Schwab’s dividend payout ratio (DPR) is currently 21.84%.

Insider Buying and Selling

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

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Keefe, Bruyette & Woods reiterated an “outperform” rating and issued a $111.00 price objective (up from $109.00) on shares of Charles Schwab in a research report on Friday, October 16th. Deutsche Bank Aktiengesellschaft set a $125.00 target price on Charles Schwab and gave the company a “buy” rating in a research report on Friday, October 16th. Citizens Jmp restated a “market outperform” rating and issued a $120.00 price target on shares of Charles Schwab in a research note on Friday, October 16th. JPMorgan Chase & Co. reduced their price target on Charles Schwab from $150.00 to $147.00 and set an “overweight” rating for the company in a report on Friday, October 16th. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $117.00 price target (down from $122.00) on shares of Charles Schwab in a research report on Friday, October 16th. Eighteen analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Charles Schwab has an average rating of “Moderate Buy” and a consensus target price of $119.91.

Check Out Our Latest Analysis on Charles Schwab

Key Headlines Impacting Charles Schwab

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

Positive Sentiment: Schwab executives said artificial intelligence is moving from experimentation into practical uses, including operational efficiency, financial planning and new ways to engage clients. The firm is integrating Anthropic’s Claude for Financial Advisors and investing in AI-related partnerships, which could strengthen its competitive position with independent advisors. Schwab Says AI Is Past Experiments
Positive Sentiment: CEO Rick Wurster outlined plans to expand Schwab’s role in IPO access for retail investors, while the asset-management division is considering additional active fixed-income and dividend ETFs. These initiatives could support customer engagement, asset gathering and fee growth. Schwab CEO Sees a Bigger Role for Retail Investors in IPOs
Positive Sentiment: Schwab plans to deepen bank-like capabilities for registered investment advisors, potentially helping it attract large wirehouse teams and expand custody relationships. Schwab to Push on Bank Capabilities for RIAs
Neutral Sentiment: Schwab’s advisor survey showed RIAs are prioritizing new clients and referrals as organic growth becomes more difficult. The findings support demand for Schwab’s platform but also highlight a tougher environment for advisor-driven asset growth. Schwab’s 2026 Independent Advisor Outlook Study
Negative Sentiment: Evercore ISI lowered its price target to $98 from $104, signaling more cautious expectations even though the revised target remains above recent trading levels. Evercore ISI Adjusts Price Target
Negative Sentiment: Management and strategists warned that sticky inflation, tariffs, geopolitical risks and uncertainty surrounding the AI trade could keep markets volatile. Schwab is also emphasizing safeguards against unauthorized AI agents, underscoring regulatory and operational risks as adoption accelerates. Schwab CEO Says Firm Is Blocking Rogue AI Agents

Charles Schwab Profile

(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.