The Charles Schwab Corporation $SCHW Shares Bought by Danske Bank A S

Danske Bank A S grew its position in The Charles Schwab Corporation (NYSE:SCHW) by 9.3% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 1,768,918 shares of the financial services provider’s stock after purchasing an additional 151,138 shares during the period. Danske Bank A S’s holdings in Charles Schwab were worth $172,894,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in SCHW. Cornerstone Advisory LLC raised its stake in Charles Schwab by 9.5% during the 3rd quarter. Cornerstone Advisory LLC now owns 4,099 shares of the financial services provider’s stock valued at $401,000 after purchasing an additional 354 shares during the period. Valmark Advisers Inc. boosted its position in shares of Charles Schwab by 9.7% in the third quarter. Valmark Advisers Inc. now owns 3,619 shares of the financial services provider’s stock worth $354,000 after buying an additional 321 shares during the period. ICICI Prudential Asset Management Co Ltd boosted its position in shares of Charles Schwab by 18.5% in the third quarter. ICICI Prudential Asset Management Co Ltd now owns 89,780 shares of the financial services provider’s stock worth $8,775,000 after buying an additional 14,000 shares during the period. Everest Financial Group LLC grew its holdings in shares of Charles Schwab by 15.9% during the third quarter. Everest Financial Group LLC now owns 17,892 shares of the financial services provider’s stock valued at $1,749,000 after buying an additional 2,450 shares in the last quarter. Finally, Bingham Private Wealth LLC grew its holdings in shares of Charles Schwab by 3.1% during the third quarter. Bingham Private Wealth LLC now owns 8,266 shares of the financial services provider’s stock valued at $808,000 after buying an additional 251 shares in the last quarter. 84.38% of the stock is owned by hedge funds and other institutional investors.

Charles Schwab Stock Up 1.4%

Shares of NYSE:SCHW traded up $1.27 during trading on Friday, reaching $92.99. 10,086,471 shares of the company traded hands, compared to its average volume of 8,856,392. The firm has a fifty day simple moving average of $96.83 and a 200 day simple moving average of $97.13. The company has a quick ratio of 0.64, a current ratio of 0.66 and a debt-to-equity ratio of 0.53. The Charles Schwab Corporation has a 1-year low of $83.96 and a 1-year high of $114.53. The firm has a market cap of $160.50 billion, a P/E ratio of 15.87, a price-to-earnings-growth ratio of 0.82 and a beta of 0.77.

Charles Schwab (NYSE:SCHW) last posted 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 39.33% and a return on equity of 25.46%. The business had revenue of $7.17 billion for the quarter, compared to the consensus estimate of $7.18 billion. During the same period in the prior year, the business posted $1.31 earnings per share. Charles Schwab’s revenue for the quarter was up 16.9% compared to the same quarter last year. Analysts anticipate that The Charles Schwab Corporation will post 6.41 earnings per share for the current fiscal year.

Charles Schwab Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 27th. Investors of record on Friday, November 13th will be given a dividend of $0.32 per share. The ex-dividend date of this dividend is Friday, November 13th. This represents a $1.28 dividend on an annualized basis and a yield of 1.4%. Charles Schwab’s dividend payout ratio (DPR) is presently 21.84%.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Deutsche Bank set a $125.00 price target on Charles Schwab and gave the company a “buy” rating in a research report on Friday, October 16th. Barclays decreased their price objective on Charles Schwab from $118.00 to $115.00 and set an “overweight” rating for the company in a research report on Friday, October 16th. Truist Financial set a $115.00 target price on Charles Schwab in a research note on Friday, October 16th. Piper Sandler lowered their target price 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. Finally, BMO Capital Markets dropped their target price on Charles Schwab from $105.00 to $97.00 and set a “market perform” rating on the stock in a report on Monday, October 19th. Eighteen equities 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 stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $119.91.

More Charles Schwab News

Investors following SCHW have been watching these news items:

• Neutral Sentiment: Schwab released its October 2026 Monthly Activity Report. The supplied coverage did not include the underlying figures, so the report’s implications for trading activity, client assets or revenue cannot be assessed from these details. Schwab Reports Monthly Activity Highlights
• Neutral Sentiment: The company announced a $3 billion senior-notes issuance. The financing may support liquidity, but it also adds debt and potential interest costs; the provided report offers no further terms to gauge the net effect. Charles Schwab Issues $3 Billion in Senior Notes
• Neutral Sentiment: Market commentary flagged persistent inflation and rising Federal Reserve rate risks, putting Schwab’s liquidity and earnings resilience in focus. The broader rate environment could affect both interest income and client activity. Inflation Stays Hot: Financial Stocks to Watch

Insider Transactions at Charles Schwab

In other Charles Schwab news, insider Jonathan Beatty sold 1,000 shares of the business’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $111.33, for a total value of $111,330.00. Following the transaction, the insider owned 10,738 shares in the company, valued at $1,195,461.54. The trade was a 8.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Chairman Walter Bettinger sold 176,210 shares of the company’s stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $113.49, for a total value of $19,998,072.90. Following the completion of the transaction, the chairman directly owned 610,360 shares in the company, valued at approximately $69,269,756.40. The trade was a 22.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 251,598 shares of company stock worth $28,359,776 in the last 90 days. Corporate insiders own 6.30% of the company’s stock.

Charles Schwab Profile

The Charles Schwab Corporation is a financial services company that provides brokerage, banking, wealth management, and investment services. Its offerings include brokerage accounts, trading and research tools, retirement products, banking services, and investment advice for individuals, as well as services for independent financial advisors, employers, and institutions. Founded in 1971 by Charles R. Schwab, the company helped popularize discount brokerage services. It expanded its brokerage business with the 2020 acquisition of TD Ameritrade, whose trading platform and services became part of Schwab.