The Charles Schwab Corporation $SCHW Stock Position Raised by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. lifted its position in shares of The Charles Schwab Corporation (NYSE:SCHW - Free Report) by 67.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,923,270 shares of the financial services provider's stock after acquiring an additional 1,179,312 shares during the quarter. Assenagon Asset Management S.A. owned 0.17% of Charles Schwab worth $285,720,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of SCHW. Sheets Smith Wealth Management lifted its position in shares of Charles Schwab by 0.7% during the 1st quarter. Sheets Smith Wealth Management now owns 14,521 shares of the financial services provider's stock valued at $1,365,000 after acquiring an additional 108 shares during the period. Peoples Bank KS lifted its stake in Charles Schwab by 2.7% in the 2nd quarter. Peoples Bank KS now owns 4,331 shares of the financial services provider's stock valued at $400,000 after buying an additional 113 shares in the last quarter. Sweeney & Michel LLC grew its holdings in Charles Schwab by 1.6% during the 1st quarter. Sweeney & Michel LLC now owns 7,333 shares of the financial services provider's stock valued at $710,000 after buying an additional 115 shares during the last quarter. Crumly & Associates Inc. lifted its holdings in Charles Schwab by 1.1% in the 2nd quarter. Crumly & Associates Inc. now owns 10,479 shares of the financial services provider's stock valued at $967,000 after purchasing an additional 115 shares in the last quarter. Finally, Cypress Capital Group lifted its holdings in Charles Schwab by 4.2% in the 1st quarter. Cypress Capital Group now owns 2,945 shares of the financial services provider's stock valued at $277,000 after purchasing an additional 118 shares in the last quarter. 84.38% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Zacks Research downgraded shares of Charles Schwab from a "strong-buy" rating to a "hold" rating in a report on Monday, September 14th. UBS Group decreased their price objective on Charles Schwab from $128.00 to $113.00 and set a "buy" rating on the stock in a report on Wednesday, October 7th. Morgan Stanley raised their price target on Charles Schwab from $136.00 to $141.00 and gave the stock an "overweight" rating in a research note on Friday, October 9th. Compass Point started coverage on Charles Schwab in a research note on Monday, August 3rd. They issued a "buy" rating and a $135.00 price target on the stock. Finally, Evercore restated a "hold" rating on shares of Charles Schwab in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $119.00.

Key Stories Impacting Charles Schwab

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

• Positive Sentiment: Schwab reported adjusted third-quarter earnings of $1.69 per share, above the $1.66 consensus estimate, while revenue rose 16.9% year over year to a record $7.17 billion. Net income increased 23% to approximately $2.9 billion. Schwab Delivers Record Net New Assets & Earnings
• Positive Sentiment: Core net new assets reached a record $190.4 billion, up 38% year over year, lifting total client assets to $13.33 trillion. Schwab also added roughly 1.2 million brokerage accounts, bringing its total to 48.6 million. Charles Schwab Pulls in Record $190 Billion in New Assets
• Positive Sentiment: Higher trading activity, lending growth and net interest revenue supported the quarter. Trading activity reportedly increased 44%, while net interest margin improved to 3.04%, indicating continued benefits from stronger markets and client engagement. Schwab Trading Activity Jumps 44%
• Positive Sentiment: Management sees cryptocurrency as a potential new revenue engine after completing retail bitcoin and ether trading access, with transfers and additional cryptocurrencies planned. Charles Schwab CEO Sees Crypto as a New Revenue Engine
• Neutral Sentiment: Schwab is blocking unauthorized third-party artificial-intelligence agents from accessing client accounts and directing customers to its in-house “Charley” assistant. The move may reduce security risks but could limit some external AI integrations. Schwab blocks unauthorized AI agents
• Negative Sentiment: Revenue of $7.17 billion was slightly below estimates near $7.18 billion. The modest miss appears to have outweighed the EPS beat, particularly after strong expectations heading into the report. Schwab Q3 Earnings Beat on Higher NIR, Stock Slides on Revenue Miss
• Negative Sentiment: Schwab indicated that 2026 revenue and net-interest-margin growth may land at the lower end of its previous outlook range, raising concerns about the durability of growth as market conditions and interest-rate benefits normalize. Schwab sees 2026 revenue and NIM growth at lower end
• Negative Sentiment: Some analysts have trimmed fair-value estimates or price targets, reflecting debate over whether Schwab’s strong asset gathering and trading growth can continue at the current valuation. Charles Schwab Fair Value Trim

Charles Schwab Stock Down 2.5%

Shares of NYSE:SCHW opened at $94.42 on Friday. 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 Charles Schwab Corporation has a 1 year low of $83.96 and a 1 year high of $114.53. The stock has a market capitalization of $163.28 billion, a P/E ratio of 16.83, a PEG ratio of 0.82 and a beta of 0.79. The stock has a 50-day simple moving average of $104.81 and a 200-day simple moving average of $98.19.

Charles Schwab (NYSE:SCHW - Get Free Report) last posted its quarterly earnings results on Thursday, October 15th. The financial services provider reported $1.69 EPS for the quarter, beating the consensus estimate of $1.66 by $0.03. Charles Schwab had a net margin of 38.79% and a return on equity of 24.53%. The firm had revenue of $7.17 billion for the quarter, compared to analyst estimates of $7.18 billion. During the same quarter last year, the firm posted $1.31 earnings per share. Charles Schwab's revenue for the quarter was up 16.9% compared to the same quarter last year. Equities analysts forecast that The Charles Schwab Corporation will post 6.45 earnings per share for the current year.

Charles Schwab Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Friday, August 14th were issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 1.4%. The ex-dividend date was Friday, August 14th. Charles Schwab's dividend payout ratio (DPR) is presently 23.27%.

Insider Buying and Selling at Charles Schwab

In related news, insider Jonathan Beatty sold 1,000 shares of the business's stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $111.33, for a total transaction of $111,330.00. Following the transaction, the insider directly owned 10,738 shares of the company's stock, valued at approximately $1,195,461.54. The trade was a 8.52% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Nigel Murtagh sold 24,778 shares of the business's stock in a transaction on Monday, August 10th. The stock was sold at an average price of $109.01, for a total transaction of $2,701,049.78. Following the transaction, the insider directly owned 57,972 shares in the company, valued at approximately $6,319,527.72. The trade was a 29.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 645,582 shares of company stock worth $69,553,935. Insiders own 6.30% of the company's stock.

About Charles Schwab

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.

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