The Charles Schwab Corporation $SCHW Stock: North Dakota State Investment Board Raises Holdings

North Dakota State Investment Board boosted its holdings in shares of The Charles Schwab Corporation (NYSE:SCHW) by 21.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 58,631 shares of the financial services provider’s stock after buying an additional 10,450 shares during the quarter. North Dakota State Investment Board’s holdings in Charles Schwab were worth $5,731,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of SCHW. North Star Investment Management Corp. grew its position in Charles Schwab by 27.1% during the 3rd quarter. North Star Investment Management Corp. now owns 755 shares of the financial services provider’s stock worth $74,000 after purchasing an additional 161 shares during the period. Vaquero Private Wealth Ltd. purchased a new position in shares of Charles Schwab during the 3rd quarter valued at about $66,000. Lynx Investment Advisory acquired a new position in shares of Charles Schwab in the 3rd quarter valued at about $209,000. William Mack & Associates Inc. acquired a new position in shares of Charles Schwab in the 3rd quarter valued at about $55,000. Finally, Victory Financial Group LLC acquired a new position in shares of Charles Schwab in the 3rd quarter valued at about $509,000. 84.38% of the stock is owned by hedge funds and other institutional investors.

Charles Schwab Stock Down 0.5%

SCHW stock opened at $88.84 on Thursday. The Charles Schwab Corporation has a one year low of $83.96 and a one year high of $114.53. 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 firm’s fifty day moving average is $101.38 and its 200 day moving average is $97.79. The firm has a market cap of $153.63 billion, a PE ratio of 15.16, a P/E/G ratio of 0.81 and a beta of 0.79.

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

Charles Schwab Announces Dividend

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

Analyst Ratings Changes

A number of analysts have recently commented on SCHW shares. UBS Group lowered their target price 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. Raymond James Financial reiterated an “outperform” rating and set a $145.00 price target (up from $137.00) on shares of Charles Schwab in a research report on Thursday, October 15th. Argus lifted their price target on Charles Schwab from $108.00 to $114.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. 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 report on Friday, October 16th. Finally, BMO Capital Markets lowered their price objective on Charles Schwab from $105.00 to $97.00 and set a “market perform” rating on the stock in a research report on Monday, October 19th. Eighteen analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $119.91.

Key Headlines Impacting Charles Schwab

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

• Positive Sentiment: Schwab Advisor Services announced new AI capabilities inside Schwab Advisor Center and through third-party applications used by registered investment advisors (RIAs). The initiative could improve advisor productivity, deepen Schwab’s platform relationships and support long-term asset growth. Schwab Advisor Services Expands AI Inside Schwab Advisor Center and Across Third-Party Solutions
• Positive Sentiment: The company is investing in advisor technology through an investment in AI startup Nevis and a previously announced collaboration with Anthropic. Schwab is also offering RIAs a $4,800 credit toward Claude for Financial Advisors’ enterprise plan, reducing adoption costs for smaller firms and potentially accelerating usage. Charles Schwab Invests in AI Startup Nevis Schwab Offers Credit to RIAs to Prompt Use of Claude AI Enterprise Plan
• Neutral Sentiment: CEO Rick Wurster reaffirmed Schwab’s commitment to supporting approximately 11,000 smaller RIA clients with less than $100 million in assets, contrasting with Fidelity’s decision to exit a similar segment. The stance may help Schwab attract advisors and retain client assets, although the financial benefit will depend on long-term growth and profitability. Schwab CEO Wurster Commits to Small RIAs
• Negative Sentiment: Traders purchased 26,195 SCHW put options, about 24% above average put volume. The activity signals increased near-term hedging or bearish speculation and may be contributing to today’s weaker sentiment.
• Negative Sentiment: A reported 13.77% reduction in a price target for Schwab preferred stock adds a negative signal for the broader Schwab complex, though it does not directly represent a valuation change for the company’s common shares. Charles Schwab Preferred Stock Price Target Decreased

Insider Activity

In related news, insider Jonathan S. Beatty sold 1,000 shares of the company’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $111.33, for a total value of $111,330.00. Following the completion of the transaction, the insider owned 10,738 shares of the company’s stock, valued at approximately $1,195,461.54. This represents a 8.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, 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 value of $8,250,373.08. Following the transaction, the chairman owned 610,360 shares in the company, valued at $67,695,027.60. This represents a 10.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 285,734 shares of company stock worth $32,073,309. 6.30% of the stock is currently owned by corporate insiders.

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.