ProShare Advisors LLC Sells 17,702 Shares of The Charles Schwab Corporation $SCHW

ProShare Advisors LLC lowered its stake in shares of The Charles Schwab Corporation (NYSE:SCHW) by 4.8% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 347,593 shares of the financial services provider’s stock after selling 17,702 shares during the quarter. ProShare Advisors LLC’s holdings in Charles Schwab were worth $33,974,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of SCHW. Compass Financial Management LLC acquired a new stake in Charles Schwab in the 2nd quarter worth approximately $27,000. Scarborough Advisors LLC acquired a new position in Charles Schwab during the 1st quarter valued at approximately $29,000. Main Street Group LTD acquired a new position in Charles Schwab during the 1st quarter valued at approximately $33,000. Mascoma Wealth Management LLC increased its stake in Charles Schwab by 71.6% during the 3rd quarter. Mascoma Wealth Management LLC now owns 374 shares of the financial services provider’s stock valued at $37,000 after purchasing an additional 156 shares in the last quarter. Finally, J.Safra Asset Management Corp purchased a new position in shares of Charles Schwab in the second quarter worth $39,000. 84.38% of the stock is owned by hedge funds and other institutional investors.

Charles Schwab Stock Down 0.0%

Charles Schwab stock opened at $88.01 on Monday. The firm has a market cap of $152.20 billion, a price-to-earnings ratio of 15.02, a price-to-earnings-growth ratio of 0.78 and a beta of 0.79. The Charles Schwab Corporation has a 52 week low of $83.96 and a 52 week high of $114.53. The business’s 50-day moving average price is $100.52 and its 200 day moving average price is $97.67. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 0.52.

Charles Schwab (NYSE:SCHW) last announced its quarterly earnings results on Thursday, October 15th. The financial services provider reported $1.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.66 by $0.03. Charles Schwab had a return on equity of 25.79% and a net margin of 39.33%. The company had revenue of $7.17 billion during the quarter, compared to the consensus estimate of $7.18 billion. During the same period in the previous year, the company posted $1.31 earnings per share. Charles Schwab’s revenue for the quarter was up 16.9% on a year-over-year basis. As a group, sell-side analysts anticipate that The Charles Schwab Corporation will post 6.41 earnings per share for the current year.

Charles Schwab Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 27th. Stockholders of record on Friday, November 13th will be issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Friday, November 13th. Charles Schwab’s payout ratio is 21.84%.

Insider Transactions at Charles Schwab

In related news, insider Nigel J. Murtagh sold 24,778 shares of the firm’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $109.01, for a total transaction of $2,701,049.78. Following the sale, the insider owned 57,972 shares in the company, valued at approximately $6,319,527.72. This trade represents a 29.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Dennis Howard sold 2,198 shares of Charles Schwab stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $110.00, for a total transaction of $241,780.00. Following the completion of the transaction, the insider directly owned 6,980 shares of the company’s stock, valued at $767,800. The trade was a 23.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 285,734 shares of company stock worth $32,073,309. Insiders own 6.30% of the company’s stock.

Charles Schwab News Roundup

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

Wall Street Analysts Forecast Growth

Several research firms have recently commented on SCHW. The Goldman Sachs Group reiterated a “buy” rating and set a $117.00 price objective (down from $122.00) on shares of Charles Schwab in a research note on Friday, October 16th. Rothschild & Co Redburn boosted their price objective on shares of Charles Schwab from $114.00 to $120.00 and gave the company a “neutral” rating in a report on Monday, September 21st. Compass Point upped their target price on Charles Schwab from $135.00 to $136.00 and gave the company a “buy” rating in a research report on Tuesday, October 6th. Weiss Ratings upgraded Charles Schwab from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, September 10th. Finally, Barclays lowered their price target on Charles Schwab from $118.00 to $115.00 and set an “overweight” rating for the company in a research report on Friday, October 16th. Eighteen equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Charles Schwab currently has a consensus rating of “Moderate Buy” and a consensus price target of $119.91.

Charles Schwab Company 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.