Truist Financial Has Lowered Expectations for Charles Schwab (NYSE:SCHW) Stock Price

Charles Schwab (NYSE:SCHW) had its target price cut by equities research analysts at Truist Financial from $130.00 to $125.00 in a research report issued to clients and investors on Tuesday, Benzinga reports. The firm currently has a “buy” rating on the financial services provider’s stock. Truist Financial’s price target points to a potential upside of 28.76% from the company’s previous close.

Several other analysts have also weighed in on SCHW. Compass Point began coverage on shares of Charles Schwab in a research note on Monday, August 3rd. They issued a “buy” rating and a $135.00 price objective for the company. Raymond James Financial reissued an “outperform” rating and set a $145.00 target price on shares of Charles Schwab in a research note on Wednesday, July 22nd. Wolfe Research restated an “outperform” rating and issued a $127.00 price target on shares of Charles Schwab in a report on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Charles Schwab in a report on Wednesday, July 22nd. Finally, Zacks Research downgraded shares of Charles Schwab from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 14th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $119.00.

Charles Schwab Price Performance

Shares of SCHW opened at $97.08 on Tuesday. Charles Schwab has a 52-week low of $83.96 and a 52-week 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 business’s 50 day moving average price is $105.50 and its two-hundred day moving average price is $98.15. The firm has a market cap of $167.88 billion, a PE ratio of 17.65, a price-to-earnings-growth ratio of 0.82 and a beta of 0.79.

Charles Schwab (NYSE:SCHW) last posted its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $1.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.56 by $0.06. The firm had revenue of $7.07 billion for the quarter, compared to analysts’ expectations of $6.90 billion. Charles Schwab had a return on equity of 24.53% and a net margin of 38.79%. The company’s revenue for the quarter was up 20.9% compared to the same quarter last year. During the same period in the prior year, the business earned $1.14 EPS. On average, equities analysts anticipate that Charles Schwab will post 6.46 EPS for the current year.

Insider Activity

In related news, General Counsel Peter J. Morgan III sold 6,952 shares of the firm’s stock in a transaction dated Thursday, July 23rd. The shares were sold at an average price of $102.03, for a total value of $709,312.56. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Dennis Howard sold 28,000 shares of Charles Schwab stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $105.01, for a total value of $2,940,280.00. Following the transaction, the insider directly owned 10,470 shares in the company, valued at approximately $1,099,454.70. The trade was a 72.78% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 645,582 shares of company stock valued at $69,553,935. 6.30% of the stock is currently owned by insiders.

Institutional Trading of Charles Schwab

Institutional investors have recently made changes to their positions in the company. Invesco Ltd. increased its position in Charles Schwab by 3.0% during the 4th quarter. Invesco Ltd. now owns 16,425,579 shares of the financial services provider’s stock valued at $1,641,080,000 after buying an additional 484,558 shares in the last quarter. Bank of New York Mellon Corp grew its stake in shares of 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 worth $1,518,913,000 after acquiring an additional 3,009,884 shares during the last quarter. Bank of America Corp DE grew its stake in shares of Charles Schwab by 3.5% in the first quarter. Bank of America Corp DE now owns 15,623,030 shares of the financial services provider’s stock worth $1,468,252,000 after acquiring an additional 530,191 shares during the last quarter. Flossbach Von Storch SE bought a new position in shares of Charles Schwab during the second quarter valued at $987,930,000. Finally, Janus Henderson Group PLC increased its holdings in shares of Charles Schwab by 17.9% during the fourth quarter. Janus Henderson Group PLC now owns 6,862,590 shares of the financial services provider’s stock valued at $685,645,000 after acquiring an additional 1,040,041 shares in the last quarter. Institutional investors own 84.38% of the company’s stock.

Key Stories Impacting Charles Schwab

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

• Positive Sentiment: Analysts expect Schwab’s two key revenue drivers—net interest revenue and asset-management, trading, and related fee income—to benefit from healthy market activity and favorable interest-rate conditions. Robust trading, higher net interest revenue, and stronger asset-management fees could support a third-quarter earnings beat. Charles Schwab’s Next Earnings Report on Oct. 15 Could Send the Stock Soaring
• Positive Sentiment: Deutsche Bank raised its price target on SCHW to $130 from $125, signaling greater confidence in the stock’s earnings and valuation potential. Deutsche Bank Adjusts Price Target on Charles Schwab to $130 From $125
• Positive Sentiment: Erste Group Bank increased its fiscal 2027 EPS estimate to $7.96 from $7.85, well above the current-year consensus estimate of $6.46. The revision supports the view that Schwab’s earnings growth may continue beyond the upcoming quarter.
• Neutral Sentiment: Evercore initiated coverage with an “in line” or “hold” rating and a $107 price target. Although the target implies potential appreciation from the referenced $97.08 level, the neutral rating suggests limited conviction in near-term outperformance. Evercore ISI Initiates Charles Schwab at In Line
• Negative Sentiment: Rising operating expenses remain a key risk for the third-quarter report and could offset gains from trading activity, net interest revenue, and asset-management fees. Investors will focus on expense growth and management’s outlook alongside EPS and revenue.

Charles Schwab Company Profile

Charles Schwab Corporation (NYSE:SCHW) is a financial services company that provides brokerage, investment, banking and wealth management services to individual investors, employers, institutions and independent investment advisors. Its offerings include online and mobile trading, securities brokerage, retirement accounts, financial planning, portfolio management, banking products, research and access to mutual funds and exchange-traded funds.

The company operates through businesses including Schwab Brokerage, Schwab Wealth Advisory, Schwab Asset Management and Charles Schwab Bank.