Sowell Financial Services LLC increased its position in shares of The Charles Schwab Corporation (NYSE:SCHW – Free Report) by 98.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 27,029 shares of the financial services provider’s stock after purchasing an additional 13,429 shares during the quarter. Sowell Financial Services LLC’s holdings in Charles Schwab were worth $2,642,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in the company. Flossbach Von Storch SE purchased a new stake in Charles Schwab in the 2nd quarter valued at about $987,930,000. Bank of New York Mellon Corp lifted its position in shares of Charles Schwab by 22.9% during the 1st quarter. Bank of New York Mellon Corp now owns 16,162,082 shares of the financial services provider’s stock worth $1,518,913,000 after buying an additional 3,009,884 shares in the last quarter. Danske Bank A S purchased a new position in shares of Charles Schwab in the 2nd quarter worth approximately $145,950,000. Assenagon Asset Management S.A. boosted its stake in shares of Charles Schwab by 67.6% in the 3rd quarter. Assenagon Asset Management S.A. now owns 2,923,270 shares of the financial services provider’s stock worth $285,720,000 after buying an additional 1,179,312 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund boosted its stake in shares of Charles Schwab by 63.4% in 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 buying an additional 1,081,382 shares during the last quarter. 84.38% of the stock is owned by institutional investors.
Insider Transactions at Charles Schwab
In other Charles Schwab news, Director Paula A. Sneed sold 5,263 shares of the business’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $107.15, for a total value of $563,930.45. Following the sale, the director directly owned 91,711 shares in the company, valued at $9,826,833.65. The trade was a 5.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Chairman Walter W. Bettinger sold 192,488 shares of the business’s stock in a transaction on Monday, July 27th. The shares were sold at an average price of $103.90, for a total value of $19,999,503.20. Following the completion of the sale, the chairman owned 529,346 shares in the company, valued at approximately $54,999,049.40. The trade was a 26.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 632,577 shares of company stock worth $68,214,123 in the last ninety days. Company insiders own 6.30% of the company’s stock.
Charles Schwab News Summary
Here are the key news stories impacting Charles Schwab this week:
- Positive Sentiment: Schwab’s board declared a regular quarterly dividend of $0.32 per common share, reinforcing the company’s shareholder-return strategy. Preferred-stock dividends were also declared. Schwab Declares Quarterly Common Stock Dividend and Declares Preferred Stock Dividends
- Positive Sentiment: The company opened two new Portland-area branches, expanding local client access and potentially supporting asset gathering and adviser relationships. Schwab opens two new Portland branches to expand local access
- Positive Sentiment: Schwab Asset Management is promoting a new international bond ETF based on an ICE-developed index, broadening its product lineup and exposure to fixed-income demand. ETF Central: An Introduction to the Schwab International Bond ETF
- Neutral Sentiment: Schwab is hosting IMPACT 2026, where RIA executives will discuss growth and client service. The event supports industry engagement but has limited immediate earnings impact. Zoe Financial CEO to Speak at Charles Schwab IMPACT 2026
- Neutral Sentiment: Coverage about the Charles Schwab Cup golf playoffs and Schwab’s $30 million investment in a Montana ranch/private golf club is primarily sponsorship or personal-investment news, with little direct effect on corporate fundamentals. Race to Phoenix: 2026 Charles Schwab Cup Playoffs
- Negative Sentiment: Morgan Stanley cut its SCHW price target from $141 to $132, although it retained an Overweight rating. The reduction may weigh on sentiment despite the analyst’s continued bullish view. Morgan Stanley stock recommendations
- Negative Sentiment: BMO Capital Markets issued a pessimistic forecast for Charles Schwab, adding to concerns about valuation and the outlook for future growth. BMO Capital Markets Issues Pessimistic Forecast for Charles Schwab
Analyst Ratings Changes
Several research firms have recently issued reports on SCHW. Raymond James Financial reaffirmed an “outperform” rating and issued a $145.00 target price (up from $137.00) on shares of Charles Schwab in a report on Thursday, October 15th. Jefferies Financial Group set a $120.00 price target on Charles Schwab in a report on Friday, October 16th. Bank of America boosted their price objective on Charles Schwab from $91.00 to $95.00 and gave the stock an “underperform” rating in a research report on Monday, October 5th. Deutsche Bank Aktiengesellschaft set a $125.00 price objective on Charles Schwab and gave the stock a “buy” rating in a research report on Friday, October 16th. Finally, Evercore reduced their price objective on Charles Schwab from $107.00 to $104.00 in a research note on Friday, October 16th. Eighteen investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $120.18.
Get Our Latest Research Report on Charles Schwab
Charles Schwab Stock Down 0.2%
SCHW opened at $91.46 on Friday. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 0.52. The stock has a market cap of $158.17 billion, a price-to-earnings ratio of 15.61, a PEG ratio of 0.81 and a beta of 0.79. The Charles Schwab Corporation has a twelve month low of $83.96 and a twelve month high of $114.53. The company’s 50-day moving average price is $103.07 and its two-hundred day moving average price is $98.11.
Charles Schwab (NYSE:SCHW – Get Free Report) last issued its quarterly earnings results 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 net margin of 39.33% and a return on equity of 25.79%. The company had revenue of $7.17 billion during the quarter, compared to analyst estimates of $7.18 billion. During the same quarter last year, the business posted $1.31 EPS. Charles Schwab’s quarterly revenue was up 16.9% compared to the same quarter last year. As a group, equities analysts expect that The Charles Schwab Corporation will post 6.42 earnings per share for the current year.
Charles Schwab Announces Dividend
The company also recently disclosed 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 is Friday, November 13th. This represents a $1.28 annualized dividend and a yield of 1.4%. Charles Schwab’s dividend payout ratio is presently 21.84%.
Charles Schwab Profile
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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