Migdal Insurance & Financial Holdings Ltd. Buys New Holdings in The Charles Schwab Corporation $SCHW

Key Points

• Migdal Insurance & Financial Holdings opened a 405,000-share position in Charles Schwab during the third quarter, valued at approximately $39.6 million. Institutional investors and hedge funds collectively own 84.38% of the stock.
• Schwab reported quarterly earnings of $1.69 per share, beating estimates of $1.66, while revenue of $7.17 billion came in just below consensus; revenue rose 16.9% year over year.
• Analysts’ consensus rating is “Moderate Buy,” with an average price target of $119.91; 18 analysts rate the stock Buy, five Hold, and one Sell.

Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of The Charles Schwab Corporation (NYSE:SCHW - Free Report) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 405,000 shares of the financial services provider's stock, valued at approximately $39,585,000.

Other institutional investors have also made changes to their positions in the company. Asset One Wealth Management LLC acquired a new position in Charles Schwab in the 3rd quarter valued at about $1,344,000. CenterBook Partners LP bought a new position in Charles Schwab in the 3rd quarter valued at about $2,637,000. First Citizens Bank & Trust Co. lifted its position in Charles Schwab by 102.3% during the third quarter. First Citizens Bank & Trust Co. now owns 33,750 shares of the financial services provider's stock worth $3,299,000 after acquiring an additional 17,068 shares during the last quarter. Nisa Investment Advisors LLC lifted its position in Charles Schwab by 14.2% during the third quarter. Nisa Investment Advisors LLC now owns 433,286 shares of the financial services provider's stock worth $42,349,000 after acquiring an additional 53,929 shares during the last quarter. Finally, Assenagon Asset Management S.A. boosted its holdings in shares of Charles Schwab by 67.6% during the third quarter. Assenagon Asset Management S.A. now owns 2,923,270 shares of the financial services provider's stock worth $285,720,000 after acquiring an additional 1,179,312 shares during the period. 84.38% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on SCHW. Wolfe Research reiterated an "outperform" rating and set a $127.00 target price (up from $123.00) on shares of Charles Schwab in a research note on Tuesday, July 21st. Piper Sandler reduced their price target on Charles Schwab from $118.00 to $100.00 and set a "neutral" rating for the company in a research note on Friday, October 2nd. Argus boosted their price target on Charles Schwab from $108.00 to $114.00 and gave the company a "buy" rating in a research note on Thursday, July 23rd. BMO Capital Markets decreased their price objective on Charles Schwab from $105.00 to $97.00 and set a "market perform" rating on the stock in a report on Monday, October 19th. Finally, Raymond James Financial reiterated an "outperform" rating and set a $145.00 price objective (up from $137.00) on shares of Charles Schwab in a research report on Thursday, October 15th. Eighteen investment 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 MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $119.91.

Charles Schwab Stock Performance

Shares of SCHW traded up $1.27 during mid-day trading on Friday, hitting $92.99. 10,086,471 shares of the company's stock were exchanged, compared to its average volume of 8,856,392. The Charles Schwab Corporation has a 52 week low of $83.96 and a 52 week high of $114.53. The stock's 50-day simple moving average is $96.83 and its 200-day simple moving average is $97.13. The firm has a market cap of $160.50 billion, a price-to-earnings ratio of 15.87, a price-to-earnings-growth ratio of 0.82 and a beta of 0.77. The company has a quick ratio of 0.64, a current ratio of 0.66 and a debt-to-equity ratio of 0.53.

Charles Schwab (NYSE:SCHW - Get Free Report) last released its quarterly earnings results on Thursday, October 15th. The financial services provider reported $1.69 earnings per share for the quarter, beating analysts' consensus estimates of $1.66 by $0.03. The company 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 25.46%. The firm's quarterly revenue was up 16.9% on a year-over-year basis. During the same period in the previous year, the business earned $1.31 earnings per share. On average, equities research analysts expect that The Charles Schwab Corporation will post 6.41 EPS for the current year.

Charles Schwab Announces Dividend

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

Insider Buying and Selling at Charles Schwab

In other news, Chairman Walter W. Bettinger sold 176,210 shares of the stock in a transaction on Monday, August 24th. The stock was sold at an average price of $113.49, for a total transaction of $19,998,072.90. Following the sale, the chairman directly owned 610,360 shares of the company's stock, valued at approximately $69,269,756.40. This represents a 22.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Jonathan S. Beatty sold 1,000 shares of the firm's stock in a transaction on 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 in the company, valued at $1,195,461.54. The trade was a 8.52% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 251,598 shares of company stock valued at $28,359,776 over the last ninety days. Insiders own 6.30% of the company's stock.

Key Headlines Impacting Charles Schwab

Investors following SCHW have been watching these headlines:

• Neutral Sentiment: Schwab released its October 2026 Monthly Activity Report. The supplied coverage did not include the underlying figures, so the report’s implications for trading activity, client assets or revenue cannot be assessed from these details. Schwab Reports Monthly Activity Highlights
• Neutral Sentiment: The company announced a $3 billion senior-notes issuance. The financing may support liquidity, but it also adds debt and potential interest costs; the provided report offers no further terms to gauge the net effect. Charles Schwab Issues $3 Billion in Senior Notes
• Neutral Sentiment: Market commentary flagged persistent inflation and rising Federal Reserve rate risks, putting Schwab’s liquidity and earnings resilience in focus. The broader rate environment could affect both interest income and client activity. Inflation Stays Hot: Financial Stocks to Watch

About Charles Schwab

The Charles Schwab Corporation is a financial services company that provides brokerage, banking, wealth management, and investment services. Its offerings include brokerage accounts, trading and research tools, retirement products, banking services, and investment advice for individuals, as well as services for independent financial advisors, employers, and institutions. Founded in 1971 by Charles R. Schwab, the company helped popularize discount brokerage services. It expanded its brokerage business with the 2020 acquisition of TD Ameritrade, whose trading platform and services became part of Schwab.

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