International Assets Investment Management LLC grew its position in The Charles Schwab Corporation (NYSE:SCHW – Free Report) by 880.5% during the third quarter, HoldingsChannel reports. The firm owned 100,000 shares of the financial services provider’s stock after buying an additional 89,801 shares during the period. International Assets Investment Management LLC’s holdings in Charles Schwab were worth $9,774,000 at the end of the most recent quarter.
Several other large investors also recently modified their holdings of SCHW. Flossbach Von Storch SE bought a new position in Charles Schwab during the second quarter worth $987,930,000. Bank of New York Mellon Corp lifted its holdings in Charles Schwab by 22.9% in 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 bought a new stake in Charles Schwab during the second quarter valued at $145,950,000. Assenagon Asset Management S.A. boosted 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 acquiring an additional 1,179,312 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund grew its holdings in Charles Schwab by 63.4% during the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,786,512 shares of the financial services provider’s stock worth $261,876,000 after acquiring an additional 1,081,382 shares during the period. 84.38% of the stock is currently owned by institutional investors and hedge funds.
Charles Schwab Trading Down 1.6%
NYSE:SCHW opened at $88.01 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 firm has a 50-day moving average of $100.52 and a 200-day moving average of $97.67. The company has a market cap of $152.20 billion, a PE ratio of 15.02, a PEG ratio of 0.78 and a beta of 0.79. The Charles Schwab Corporation has a one year low of $83.96 and a one year high of $114.53.
Charles Schwab (NYSE:SCHW – Get Free Report) last announced its quarterly earnings results on Thursday, October 15th. The financial services provider reported $1.69 earnings per share 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 analysts’ expectations of $7.18 billion. During the same quarter last year, the firm earned $1.31 EPS. The firm’s revenue for the quarter was up 16.9% compared to the same quarter last year. As a group, equities research analysts expect that The Charles Schwab Corporation will post 6.41 EPS for the current fiscal year.
Charles Schwab Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 27th. Stockholders 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 annualized dividend and a dividend yield of 1.5%. Charles Schwab’s dividend payout ratio is 21.84%.
Analyst Ratings Changes
SCHW has been the subject of several research analyst reports. Piper Sandler lowered their price objective on Charles Schwab from $118.00 to $100.00 and set a “neutral” rating for the company in a research report on Friday, October 2nd. UBS Group dropped their price objective on Charles Schwab from $113.00 to $109.00 and set a “buy” rating on the stock in a research note on Friday, October 16th. JPMorgan Chase & Co. cut their target price on Charles Schwab from $150.00 to $147.00 and set an “overweight” rating on the stock in a research report on Friday, October 16th. Weiss Ratings raised Charles Schwab from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, September 10th. Finally, 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. Eighteen research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $119.91.
View Our Latest Research Report on SCHW
Key Charles Schwab News
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
Insider Transactions at Charles Schwab
In related news, Chairman Walter W. Bettinger sold 74,388 shares of Charles Schwab 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 transaction, the chairman owned 610,360 shares of the company’s stock, valued at $67,695,027.60. The trade was a 10.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Nigel J. Murtagh sold 24,778 shares of the company’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of $109.01, for a total value of $2,701,049.78. Following the sale, the insider owned 57,972 shares of the company’s stock, valued at $6,319,527.72. This trade represents a 29.94% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 285,734 shares of company stock valued at $32,073,309. Corporate insiders own 6.30% of the company’s stock.
About Charles Schwab
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.
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