11,905 The Charles Schwab Corporation $SCHW Shares Sold by Oakmont Investment Advisors Inc.

Key Points

• Oakmont Investment Advisors cut its Charles Schwab position by 37.1%, selling 11,905 shares and retaining 20,208 shares worth approximately $1.98 million. Institutional investors collectively own 84.38% of SCHW.
• Analyst sentiment remains broadly positive: 18 analysts rate the stock a Buy, five rate it Hold and one rates it Sell, producing a “Moderate Buy” consensus and an average price target of $120.18.
• Charles Schwab reported quarterly EPS of $1.69, beating estimates of $1.66, while revenue rose 16.9% year over year to $7.17 billion. However, insiders sold 632,577 shares worth $68.2 million over the past three months.

Oakmont Investment Advisors Inc. cut its position in The Charles Schwab Corporation (NYSE:SCHW - Free Report) by 37.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,208 shares of the financial services provider's stock after selling 11,905 shares during the quarter. Charles Schwab comprises about 1.3% of Oakmont Investment Advisors Inc.'s holdings, making the stock its 20th largest position. Oakmont Investment Advisors Inc.'s holdings in Charles Schwab were worth $1,975,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in SCHW. USS Investment Management Ltd increased its stake in shares of Charles Schwab by 4.6% in the first quarter. USS Investment Management Ltd now owns 288,035 shares of the financial services provider's stock worth $27,068,000 after purchasing an additional 12,789 shares in the last quarter. Whittier Trust Co. raised its position in shares of Charles Schwab by 3.9% in the first quarter. Whittier Trust Co. now owns 384,881 shares of the financial services provider's stock valued at $35,790,000 after purchasing an additional 14,538 shares during the period. Financial Advisory Partners LLC bought a new stake in shares of Charles Schwab in the first quarter valued at approximately $3,199,000. Patriot Financial Group Insurance Agency LLC lifted its stake in shares of Charles Schwab by 112.0% during the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 89,498 shares of the financial services provider's stock valued at $8,411,000 after buying an additional 47,281 shares in the last quarter. Finally, First Citizens Bank & Trust Co. lifted its stake in shares of Charles Schwab by 102.3% during the 3rd quarter. First Citizens Bank & Trust Co. now owns 33,750 shares of the financial services provider's stock valued at $3,299,000 after buying an additional 17,068 shares in the last quarter. 84.38% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently commented on SCHW shares. Bank of America raised their price objective on shares of Charles Schwab from $91.00 to $95.00 and gave the stock an "underperform" rating in a report on Monday, October 5th. Deutsche Bank Aktiengesellschaft set a $125.00 target price on shares of Charles Schwab and gave the company a "buy" rating in a report on Friday, October 16th. Morgan Stanley lowered their target price on shares of Charles Schwab from $141.00 to $132.00 and set an "overweight" rating on the stock in a report on Wednesday. UBS Group dropped their target price on Charles Schwab from $113.00 to $109.00 and set a "buy" rating on the stock in a research report on Friday, October 16th. Finally, Wolfe Research restated an "outperform" rating and set a $127.00 target price (up from $123.00) on shares of Charles Schwab in a research report on Tuesday, July 21st. Eighteen investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $120.18.

Insider Activity

In other Charles Schwab news, Director Paula A. Sneed sold 5,263 shares of the stock in a transaction that occurred on Friday, August 7th. The shares were 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. This represents a 5.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Dennis Howard sold 28,000 shares of the firm's stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $105.01, for a total transaction of $2,940,280.00. Following the completion of the transaction, the insider directly owned 10,470 shares of the company's stock, valued at approximately $1,099,454.70. The trade was a 72.78% decrease in their ownership of the stock. 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. Insiders sold a total of 632,577 shares of company stock worth $68,214,123 in the last three months. Insiders own 6.30% of the company's stock.

More Charles Schwab News

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

• Positive Sentiment: Schwab’s record-revenue narrative and recent earnings strength support the bullish case. The company previously reported year-over-year revenue growth, a quarterly EPS beat, and strong profitability, while coverage continues to highlight its scale and valuation. Charles Schwab reports record revenue
• Positive Sentiment: Morgan Stanley reduced its price target from $141 to $132 but maintained an “overweight” rating, still implying significant upside from current levels. The target reduction is a headwind, but the continued bullish rating may reassure investors.
• Positive Sentiment: Schwab Asset Management is promoting a new international bond index and related ETF focused on investment-grade developed-market debt. The product could broaden Schwab’s asset-management offerings and attract additional client assets. Introduction to the Schwab International Bond ETF
• Positive Sentiment: Commentary from Schwab strategist Liz Ann Sonders that market rotation is favoring quality over highly leveraged artificial-intelligence exposure could benefit a diversified, established financial platform such as Schwab. Market rotation favors quality over AI leverage
• Neutral Sentiment: Schwab’s mention in coverage about Avalanche’s institutional and real-world-asset potential may indicate broader digital-asset engagement, but it does not appear to represent a material new revenue catalyst. Charles Schwab and Avalanche
• Neutral Sentiment: Reports on the Charles Schwab Cup golf playoffs and related coverage are primarily sponsorship and brand news, with little direct effect on SCHW’s near-term earnings. 2026 Charles Schwab Cup Playoffs schedule
• Negative Sentiment: BMO issued a pessimistic forecast, adding to pressure from Deutsche Bank’s reduction of its price target to $125. While the targets remain above the current quotation, downward revisions can weigh on sentiment. Deutsche Bank cuts Schwab target
• Negative Sentiment: Schwab and other banks are restricting external AI agents from taking actions in customer accounts because of fraud, liability, and security concerns. The safeguards reduce near-term operational risk but could delay potential automation benefits. Banks restrict AI agents

Charles Schwab Trading Up 0.8%

Shares of SCHW opened at $91.65 on Thursday. The business's 50-day moving average price is $103.44 and its 200-day moving average price is $98.13. The Charles Schwab Corporation has a twelve month low of $83.96 and a twelve month high of $114.53. The stock has a market cap of $158.49 billion, a PE ratio of 15.64, a P/E/G ratio of 0.81 and a beta of 0.79. 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 - Get Free Report) last announced its quarterly earnings results on Thursday, October 15th. The financial services provider reported $1.69 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.66 by $0.03. Charles Schwab had a net margin of 39.33% and a return on equity of 25.79%. The firm had revenue of $7.17 billion for the quarter, compared to the consensus estimate of $7.18 billion. During the same period in the prior year, the firm posted $1.31 earnings per share. The company's revenue for the quarter was up 16.9% on a year-over-year basis. On average, equities analysts forecast that The Charles Schwab Corporation will post 6.42 EPS for the current fiscal year.

About Charles Schwab

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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