7,384 The Charles Schwab Corporation $SCHW Shares Sold by HFR Wealth Management LLC

HFR Wealth Management LLC decreased its position in shares of The Charles Schwab Corporation (NYSE:SCHW) by 4.4% during the third quarter, Holdings Channel.com reports. The institutional investor owned 160,250 shares of the financial services provider’s stock after selling 7,384 shares during the quarter. Charles Schwab makes up approximately 4.1% of HFR Wealth Management LLC’s portfolio, making the stock its 7th biggest position. HFR Wealth Management LLC’s holdings in Charles Schwab were worth $15,663,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in SCHW. D.B. Root & Company LLC raised its holdings in shares of Charles Schwab by 4.4% in the third quarter. D.B. Root & Company LLC now owns 2,547 shares of the financial services provider’s stock valued at $249,000 after acquiring an additional 108 shares in the last quarter. Peoples Bank KS lifted its stake in Charles Schwab by 2.7% in the second quarter. Peoples Bank KS now owns 4,331 shares of the financial services provider’s stock worth $400,000 after acquiring an additional 113 shares during the period. Crumly & Associates Inc. grew its holdings in Charles Schwab by 1.1% during the 2nd quarter. Crumly & Associates Inc. now owns 10,479 shares of the financial services provider’s stock worth $967,000 after acquiring an additional 115 shares in the last quarter. Cypress Capital Group grew its holdings in Charles Schwab by 4.2% during the 1st quarter. Cypress Capital Group now owns 2,945 shares of the financial services provider’s stock worth $277,000 after acquiring an additional 118 shares in the last quarter. Finally, Capital Management Associates Inc grew its holdings in Charles Schwab by 2.8% during the 3rd quarter. Capital Management Associates Inc now owns 4,429 shares of the financial services provider’s stock worth $433,000 after acquiring an additional 120 shares in the last quarter. Hedge funds and other institutional investors own 84.38% of the company’s stock.

Top Charles Schwab Stories

These are some of the SCHW stories that stood out recently:

• Positive Sentiment: Schwab announced enhancements to Schwab.com, Schwab Mobile and thinkorswim, including an MCP server designed to connect clients’ AI platforms with their Schwab accounts. The additions could improve the client experience and help the firm compete for investors, though their financial impact is not yet clear. Schwab Announces Platform Enhancements Including MCP Server
• 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: 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 Activity at Charles Schwab

In other Charles Schwab news, Chairman Walter Bettinger sold 74,388 shares of the firm’s stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $110.91, for a total value of $8,250,373.08. Following the completion of the sale, the chairman directly owned 610,360 shares in the company, valued at $67,695,027.60. This trade represents a 10.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jonathan Beatty sold 1,000 shares of Charles Schwab stock in a transaction 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 completion of the transaction, the insider directly owned 10,738 shares in the company, valued at $1,195,461.54. This represents a 8.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 251,598 shares of company stock valued at $28,359,776. 6.30% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on SCHW shares. Barclays reduced their price target on shares of Charles Schwab from $118.00 to $115.00 and set an “overweight” rating for the company in a report on Friday, October 16th. Weiss Ratings upgraded shares of Charles Schwab from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, September 10th. Bank of America increased their price objective on shares of Charles Schwab from $91.00 to $95.00 and gave the company an “underperform” rating in a research note on Monday, October 5th. The Goldman Sachs Group reissued a “buy” rating and set a $117.00 price objective (down from $122.00) on shares of Charles Schwab in a report on Friday, October 16th. Finally, Citigroup reissued a “market outperform” rating 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 assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $119.91.

Charles Schwab Stock Up 1.4%

Shares of SCHW stock traded up $1.27 during mid-day trading on Friday, hitting $92.99. 10,086,471 shares of the stock traded hands, compared to its average volume of 8,856,392. The stock has a market cap of $160.50 billion, a P/E ratio of 15.87, a P/E/G ratio of 0.82 and a beta of 0.77. The stock’s fifty day moving average is $96.83 and its two-hundred day moving average is $97.13. The Charles Schwab Corporation has a 52-week low of $83.96 and a 52-week high of $114.53. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.66 and a quick ratio of 0.64.

Charles Schwab (NYSE:SCHW) last released its quarterly earnings results 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. 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 analysts’ expectations of $7.18 billion. During the same period last year, the business earned $1.31 EPS. The company’s revenue was up 16.9% compared to the same quarter last year. Equities analysts predict that The Charles Schwab Corporation will post 6.41 EPS for the current year.

Charles Schwab Dividend Announcement

The company also recently announced 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 is presently 21.84%.

About Charles Schwab

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.