Vest Financial LLC Acquires 209,041 Shares of The Charles Schwab Corporation $SCHW

Key Points

• Vest Financial increased its Charles Schwab stake by 51.3% in the third quarter, adding 209,041 shares to hold 616,370 shares worth approximately $60.2 million. Institutional investors and hedge funds collectively own 84.38% of SCHW.
• Charles Schwab insiders sold 632,577 shares valued at roughly $68.2 million during the last quarter, including substantial sales by Chairman Walter Bettinger and Director Paula Sneed.
• The company reported quarterly EPS of $1.69, beating estimates by $0.03, while revenue rose 16.9% year over year to $7.17 billion. Analysts maintain a “Moderate Buy” consensus with an average price target of $120.18, despite some recent target reductions.

Vest Financial LLC grew its holdings in The Charles Schwab Corporation (NYSE:SCHW - Free Report) by 51.3% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 616,370 shares of the financial services provider's stock after buying an additional 209,041 shares during the period. Vest Financial LLC's holdings in Charles Schwab were worth $60,244,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the business. Compass Financial Management LLC purchased a new stake in Charles Schwab during the 2nd quarter valued at approximately $27,000. Scarborough Advisors LLC acquired a new position in shares of Charles Schwab in the first quarter valued at approximately $29,000. Main Street Group LTD acquired a new position in shares of Charles Schwab in the first quarter valued at approximately $33,000. J.Safra Asset Management Corp acquired a new position in shares of Charles Schwab in the second quarter valued at approximately $39,000. Finally, Washington Trust Advisors Inc. increased its holdings in shares of Charles Schwab by 118.0% in the second quarter. Washington Trust Advisors Inc. now owns 447 shares of the financial services provider's stock valued at $41,000 after purchasing an additional 242 shares during the period. Institutional investors and hedge funds own 84.38% of the company's stock.

Insider Activity

In related news, Chairman Walter W. Bettinger sold 74,388 shares of the firm's stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $110.91, for a total value of $8,250,373.08. Following the completion of the transaction, the chairman directly owned 610,360 shares of the company's stock, valued at $67,695,027.60. This trade represents a 10.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Paula A. Sneed sold 5,263 shares of Charles Schwab stock in a transaction on Friday, August 7th. The stock was sold at an average price of $107.15, for a total value of $563,930.45. Following the transaction, the director directly owned 91,711 shares of the company's stock, valued at approximately $9,826,833.65. This represents a 5.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 632,577 shares of company stock valued at $68,214,123 in the last quarter. Insiders own 6.30% of the company's stock.

Analyst Ratings Changes

Several brokerages recently weighed in on SCHW. Piper Sandler decreased their price target on Charles Schwab from $118.00 to $100.00 and set a "neutral" rating for the company in a report on Friday, October 2nd. Truist Financial set a $115.00 target price on shares of Charles Schwab in a report on Friday, October 16th. Wolfe Research reiterated an "outperform" rating and set a $127.00 price target (up from $123.00) on shares of Charles Schwab in a research note on Tuesday, July 21st. Argus increased their price target on shares of Charles Schwab from $108.00 to $114.00 and gave the stock a "buy" rating in a report on Thursday, July 23rd. Finally, The Goldman Sachs Group reissued a "buy" rating and set a $117.00 target price (down from $122.00) on shares of Charles Schwab in a research note on Friday, October 16th. Eighteen equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $120.18.

Key Headlines Impacting Charles Schwab

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 Price Performance

Shares of NYSE SCHW opened at $91.65 on Thursday. 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 one year low of $83.96 and a one year high of $114.53. The firm has a market capitalization of $158.49 billion, a P/E ratio of 15.64, a PEG ratio of 0.81 and a beta of 0.79. The company's fifty day moving average is $103.44 and its two-hundred day moving average is $98.13.

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, beating 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 business had revenue of $7.17 billion during the quarter, compared to the consensus estimate of $7.18 billion. During the same quarter last year, the firm posted $1.31 EPS. The business's revenue was up 16.9% compared to the same quarter last year. Analysts forecast that The Charles Schwab Corporation will post 6.42 EPS for the current fiscal year.

Charles Schwab Company Profile

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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