Nisa Investment Advisors LLC Purchases 53,929 Shares of The Charles Schwab Corporation $SCHW

Key Points

• Nisa Investment Advisors increased its Charles Schwab stake by 14.2%, purchasing 53,929 shares and bringing its holdings to 433,286 shares valued at approximately $42.3 million.
• Institutional ownership remains high at 84.38%, with several major investors—including Bank of New York Mellon, Assenagon Asset Management and Healthcare of Ontario Pension Plan—also expanding their positions.
• Charles Schwab exceeded quarterly EPS expectations, reporting $1.69 per share versus the $1.66 consensus estimate, while revenue rose 16.9% year over year. Analysts maintain a “Moderate Buy” consensus with an average price target of $120.59, although some firms recently lowered their targets.

Nisa Investment Advisors LLC lifted its position in shares of The Charles Schwab Corporation (NYSE:SCHW - Free Report) by 14.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 433,286 shares of the financial services provider's stock after buying an additional 53,929 shares during the period. Nisa Investment Advisors LLC's holdings in Charles Schwab were worth $42,349,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Flossbach Von Storch SE purchased a new stake in Charles Schwab in the second quarter worth approximately $987,930,000. Bank of New York Mellon Corp grew its position in 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 valued at $1,518,913,000 after acquiring an additional 3,009,884 shares during the last quarter. Danske Bank A S bought a new position in Charles Schwab during the second quarter valued at approximately $145,950,000. Assenagon Asset Management S.A. grew its position in 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 valued at $285,720,000 after acquiring an additional 1,179,312 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund raised its stake in shares of Charles Schwab by 63.4% during the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,786,512 shares of the financial services provider's stock worth $261,876,000 after acquiring an additional 1,081,382 shares in the last quarter. Institutional investors own 84.38% of the company's stock.

Charles Schwab Price Performance

Shares of Charles Schwab stock opened at $90.87 on Wednesday. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.64 and a quick ratio of 0.64. The Charles Schwab Corporation has a one year low of $83.96 and a one year high of $114.53. The business's 50 day simple moving average is $103.79 and its two-hundred day simple moving average is $98.14. The stock has a market capitalization of $157.14 billion, a P/E ratio of 15.51, a price-to-earnings-growth ratio of 0.79 and a beta of 0.79.

Charles Schwab (NYSE:SCHW - Get Free Report) last released its quarterly earnings data 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 firm had revenue of $7.17 billion during the quarter, compared to analyst estimates of $7.18 billion. Charles Schwab had a return on equity of 25.79% and a net margin of 39.33%. The business's quarterly 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. Analysts forecast that The Charles Schwab Corporation will post 6.43 EPS for the current year.

Charles Schwab Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Friday, August 14th were paid a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Friday, August 14th. Charles Schwab's payout ratio is presently 21.84%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on SCHW shares. BMO Capital Markets lowered their price objective on shares of Charles Schwab from $105.00 to $97.00 and set a "market perform" rating for the company in a report on Monday. Zacks Research lowered shares of Charles Schwab from a "strong-buy" rating to a "hold" rating in a report on Monday, September 14th. Compass Point lifted their target price on shares of Charles Schwab from $135.00 to $136.00 and gave the stock a "buy" rating in a research report on Tuesday, October 6th. Citizens Jmp reiterated a "market outperform" rating and issued a $120.00 target price on shares of Charles Schwab in a research report on Friday, October 16th. Finally, Weiss Ratings upgraded shares of Charles Schwab from a "buy (b-)" rating to a "buy (b)" rating in a research report on Thursday, September 10th. Eighteen research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $120.59.

Insider Activity at Charles Schwab

In other Charles Schwab news, insider Dennis Howard sold 2,198 shares of the stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $110.00, for a total transaction of $241,780.00. Following the completion of the sale, the insider owned 6,980 shares of the company's stock, valued at $767,800. This represents a 23.95% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman Walter Bettinger sold 74,388 shares of the stock in a transaction on 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 sale, the chairman directly owned 610,360 shares of the company's stock, valued at $67,695,027.60. The trade was a 10.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 639,529 shares of company stock worth $68,923,436 over the last ninety days. Insiders own 6.30% of the company's stock.

Charles Schwab News Summary

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

• Positive Sentiment: Charles Schwab reportedly delivered record revenue, reinforcing the company’s earnings-growth story. Its latest quarterly results also showed year-over-year revenue growth and an EPS beat, which may support investor confidence. Charles Schwab reports record revenue
• Positive Sentiment: New product activity, including the addition of an international bond ETF, expands Schwab’s investment lineup and could help attract or retain client assets. Charles Schwab Added an International Bond ETF
• Positive Sentiment: Some investment commentary continues to identify SCHW as a preferred financial-sector idea, pointing to its business quality and long-term earnings potential. Schwab: One of My Best Ideas in Financials
• Neutral Sentiment: Schwab and other major banks are restricting outside AI agents from moving money or executing account actions because of fraud, security and liability concerns. The policy limits near-term automation opportunities but may reduce operational and regulatory risks. The Banks Locked Agents Out
• Neutral Sentiment: Plans involving long-short investing products could broaden Schwab’s offerings, though coverage raises questions about competition and how successfully the firm can differentiate the strategy. Schwab’s long-short plans raise questions about competition
• Negative Sentiment: Deutsche Bank, Evercore and BMO Capital Markets all lowered their SCHW price targets. BMO assigned a “market perform” rating, signaling more limited near-term upside despite the revised targets remaining above the current share price. Deutsche Bank cuts target for Charles Schwab

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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