Charles Schwab (NYSE:SCHW) Stock Gets Price Target Reduction from Truist Financial

Charles Schwab (NYSE:SCHW) had its price target cut by Truist Financial from $130.00 to $125.00 in a research note published on Tuesday, Marketbeat.com reports. They currently have a buy rating on the financial services provider’s stock.

A number of other research analysts have also recently commented on SCHW. Piper Sandler reduced their price objective on Charles Schwab from $118.00 to $100.00 and set a “neutral” rating on the stock in a research note on Friday, October 2nd. BMO Capital Markets lowered Charles Schwab from an “outperform” rating to a “market perform” rating and set a $105.00 target price for the company. in a research note on Monday, July 20th. Weiss Ratings upgraded Charles Schwab from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, September 10th. Bank of America raised their target price on Charles Schwab from $91.00 to $95.00 and gave the company an “underperform” rating in a report on Monday, October 5th. Finally, Barclays reduced their price target on Charles Schwab from $125.00 to $118.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 7th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Charles Schwab currently has an average rating of “Moderate Buy” and a consensus price target of $119.00.

Charles Schwab Stock Performance

Shares of SCHW stock opened at $94.42 on Tuesday. The company’s fifty day simple moving average is $104.81 and its 200-day simple moving average is $98.19. Charles Schwab has a 52 week low of $83.96 and a 52 week high of $114.53. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 0.52. The company has a market cap of $163.28 billion, a PE ratio of 16.83, a P/E/G ratio of 0.82 and a beta of 0.79.

Charles Schwab (NYSE:SCHW) last announced its quarterly earnings results on Thursday, October 15th. The financial services provider reported $1.69 earnings per share for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $7.18 billion. During the same period in the prior year, the company earned $1.31 EPS. The firm’s revenue was up 16.9% on a year-over-year basis. As a group, equities research analysts anticipate that Charles Schwab 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 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 currently 23.27%.

Insider Buying and Selling

In other news, insider Nigel Murtagh sold 32,947 shares of the firm’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 completion of the sale, the insider directly owned 57,972 shares in the company, valued at $6,029,667.72. This trade represents a 36.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Paula Sneed sold 5,263 shares of Charles Schwab stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $107.15, for a total value of $563,930.45. Following the sale, the director directly owned 91,711 shares in the company, valued at approximately $9,826,833.65. The trade was a 5.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 645,582 shares of company stock worth $69,553,935 over the last quarter. Company insiders own 6.30% of the company’s stock.

Hedge Funds Weigh In On Charles Schwab

Institutional investors have recently made changes to their positions in the business. Invesco Ltd. increased its stake in shares of Charles Schwab by 3.0% in the fourth quarter. Invesco Ltd. now owns 16,425,579 shares of the financial services provider’s stock worth $1,641,080,000 after buying an additional 484,558 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in 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. Bank of America Corp DE boosted its stake in Charles Schwab by 3.5% during the 1st quarter. Bank of America Corp DE now owns 15,623,030 shares of the financial services provider’s stock valued at $1,468,252,000 after acquiring an additional 530,191 shares during the last quarter. Flossbach Von Storch SE acquired a new position in Charles Schwab during the 2nd quarter worth $987,930,000. Finally, Janus Henderson Group PLC grew its holdings in Charles Schwab by 17.9% during the 4th quarter. Janus Henderson Group PLC now owns 6,862,590 shares of the financial services provider’s stock worth $685,645,000 after acquiring an additional 1,040,041 shares in the last quarter. 84.38% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about 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 Company 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.