The Charles Schwab Corporation $SCHW Stock Sold by Curated Wealth Partners LLC

Key Points

• Curated Wealth Partners cut its Charles Schwab stake by 98.4% in the third quarter, selling 552,596 shares and retaining 8,805 shares valued at approximately $861,000. Institutional investors collectively own 84.38% of SCHW.
• Charles Schwab reported third-quarter adjusted EPS of $1.69, beating estimates, while revenue rose 16.9% year over year to a record $7.17 billion. Core net new assets reached a record $190.4 billion, and client assets increased to $13.33 trillion.
• SCHW recently traded at $94.42, below its 50-day moving average, amid concerns that 2026 revenue and net-interest-margin growth could fall toward the low end of prior guidance. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $119.

Curated Wealth Partners LLC reduced its stake in shares of The Charles Schwab Corporation (NYSE:SCHW - Free Report) by 98.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,805 shares of the financial services provider's stock after selling 552,596 shares during the period. Curated Wealth Partners LLC's holdings in Charles Schwab were worth $861,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Flossbach Von Storch SE purchased a new position in shares of Charles Schwab in the second quarter valued at about $987,930,000. Bank of New York Mellon Corp boosted its position in shares of Charles Schwab by 22.9% during the 1st 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 purchased a new position in shares of Charles Schwab in the 2nd quarter worth $145,950,000. Vaughan Nelson Investment Management L.P. purchased a new position in Charles Schwab in the first quarter worth about $129,140,000. Finally, Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in shares of Charles Schwab by 63.4% in the 1st 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 purchasing an additional 1,081,382 shares during the period. Hedge funds and other institutional investors own 84.38% of the company's stock.

Key Charles Schwab News

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

Insider Transactions at Charles Schwab

In other Charles Schwab news, General Counsel Peter J. Morgan III sold 6,952 shares of the company's stock in a transaction on Thursday, July 23rd. The shares were sold at an average price of $102.03, for a total transaction of $709,312.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Nigel J. Murtagh sold 32,947 shares of the company's stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $104.01, for a total transaction of $3,426,817.47. Following the transaction, the insider owned 57,972 shares of the company's stock, valued at approximately $6,029,667.72. This trade represents a 36.24% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 645,582 shares of company stock worth $69,553,935 over the last quarter. Company insiders own 6.30% of the company's stock.

Charles Schwab Stock Down 2.5%

NYSE:SCHW opened at $94.42 on Friday. The company's fifty day moving average price is $104.81 and its 200-day moving average price is $98.19. The firm has a market capitalization of $163.28 billion, a P/E ratio of 17.17, a PEG ratio of 0.82 and a beta of 0.79. 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 1-year low of $83.96 and a 1-year high of $114.53.

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 business 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 24.53% and a net margin of 38.79%. The company's revenue was up 16.9% on a year-over-year basis. During the same quarter last year, the business posted $1.31 EPS. As a group, equities research analysts anticipate that The Charles Schwab Corporation will post 6.45 EPS for the current year.

Charles Schwab Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Friday, August 14th were issued a $0.32 dividend. The ex-dividend date of this dividend was Friday, August 14th. This represents a $1.28 dividend on an annualized basis and a yield of 1.4%. Charles Schwab's payout ratio is presently 23.27%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. BMO Capital Markets cut shares of Charles Schwab from an "outperform" rating to a "market perform" rating and set a $105.00 price target for the company. in a research note on Monday, July 20th. Compass Point initiated coverage on Charles Schwab in a research note on Monday, August 3rd. They set a "buy" rating and a $135.00 price target on the stock. Bank of America lifted their price objective on shares of Charles Schwab from $91.00 to $95.00 and gave the company an "underperform" rating in a report on Monday, October 5th. Barclays decreased their price target on shares of Charles Schwab from $125.00 to $118.00 and set an "overweight" rating for the company in a research report on Wednesday, October 7th. Finally, Weiss Ratings raised Charles Schwab from a "buy (b-)" rating to a "buy (b)" rating in a research report on Thursday, September 10th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned 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.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $119.00.

Charles Schwab Profile

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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