The Charles Schwab Corporation $SCHW Stock Holdings Boosted by North Dakota State Investment Board

North Dakota State Investment Board raised its stake in shares of The Charles Schwab Corporation (NYSE:SCHW) by 21.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 58,631 shares of the financial services provider’s stock after purchasing an additional 10,450 shares during the period. North Dakota State Investment Board’s holdings in Charles Schwab were worth $5,731,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Bank of New York Mellon Corp increased its stake in shares of Charles Schwab by 22.9% during 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 purchasing an additional 3,009,884 shares in the last quarter. Bank of America Corp DE lifted its stake in Charles Schwab by 3.5% in the 1st quarter. Bank of America Corp DE now owns 15,623,030 shares of the financial services provider’s stock valued at $1,468,252,000 after buying an additional 530,191 shares in the last quarter. Flossbach Von Storch SE purchased a new position in Charles Schwab in the 2nd quarter valued at about $987,930,000. Dimensional Fund Advisors LP lifted its stake in Charles Schwab by 1.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 5,742,934 shares of the financial services provider’s stock valued at $539,705,000 after buying an additional 60,979 shares in the last quarter. Finally, Provident Trust Co. lifted its stake in Charles Schwab by 0.4% in the 2nd quarter. Provident Trust Co. now owns 3,716,441 shares of the financial services provider’s stock valued at $342,916,000 after buying an additional 13,616 shares in the last quarter. Institutional investors and hedge funds own 84.38% of the company’s stock.

Charles Schwab Price Performance

Charles Schwab stock opened at $88.84 on Thursday. The Charles Schwab Corporation has a 52-week low of $83.96 and a 52-week high of $114.53. The firm has a market capitalization of $153.63 billion, a price-to-earnings ratio of 15.16, a PEG ratio of 0.81 and a beta of 0.79. The company has a fifty day simple moving average of $101.38 and a 200-day simple moving average of $97.79. 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 issued its earnings results on Thursday, October 15th. The financial services provider reported $1.69 EPS for the quarter, beating analysts’ consensus estimates of $1.66 by $0.03. The business had revenue of $7.17 billion during the quarter, compared to analysts’ expectations of $7.18 billion. Charles Schwab had a net margin of 39.33% and a return on equity of 25.79%. The company’s quarterly revenue was up 16.9% compared to the same quarter last year. During the same period in the prior year, the business earned $1.31 earnings per share. On average, equities analysts anticipate that The Charles Schwab Corporation will post 6.41 EPS for the current fiscal year.

Charles Schwab Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 27th. Investors 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 yield of 1.4%. Charles Schwab’s payout ratio is presently 21.84%.

Charles Schwab News Roundup

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on SCHW shares. Compass Point lifted their price objective on Charles Schwab from $135.00 to $136.00 and gave the stock a “buy” rating in a report on Tuesday, October 6th. Evercore set a $98.00 target price on Charles Schwab in a report on Wednesday. Jefferies Financial Group set a $120.00 target price on Charles Schwab in a report on Friday, October 16th. Weiss Ratings upgraded Charles Schwab from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, September 10th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $117.00 price target (down from $122.00) on shares of Charles Schwab in a research note on Friday, October 16th. Eighteen analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $119.91.

Insider Activity at Charles Schwab

In related news, Director Paula Sneed sold 5,263 shares of the company’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $107.15, for a total transaction of $563,930.45. Following the completion of the sale, the director owned 91,711 shares of the company’s stock, valued at approximately $9,826,833.65. This represents a 5.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Walter Bettinger sold 74,388 shares of the stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $110.91, for a total transaction of $8,250,373.08. Following the completion of the sale, the chairman owned 610,360 shares of the company’s stock, valued at approximately $67,695,027.60. The trade was a 10.86% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 285,734 shares of company stock worth $32,073,309 in the last 90 days. 6.30% of the stock is owned by 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.