IFP Advisors Inc Purchases 58,320 Shares of The Charles Schwab Corporation $SCHW

IFP Advisors Inc increased its position in The Charles Schwab Corporation (NYSE:SCHW) by 93.1% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 120,943 shares of the financial services provider’s stock after buying an additional 58,320 shares during the period. IFP Advisors Inc’s holdings in Charles Schwab were worth $11,821,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bank of New York Mellon Corp boosted its holdings in Charles Schwab by 22.9% during the first 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 period. Bank of America Corp DE grew its position in shares of Charles Schwab by 3.5% in the first 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 purchasing an additional 530,191 shares during the last quarter. Flossbach Von Storch SE bought a new position in shares of Charles Schwab in the second quarter worth about $987,930,000. Dimensional Fund Advisors LP increased its stake in shares of Charles Schwab by 1.1% in the first quarter. Dimensional Fund Advisors LP now owns 5,742,934 shares of the financial services provider’s stock worth $539,705,000 after purchasing an additional 60,979 shares during the period. Finally, Hsbc Holdings PLC increased its stake in shares of Charles Schwab by 19.0% in the fourth quarter. Hsbc Holdings PLC now owns 3,955,974 shares of the financial services provider’s stock worth $395,991,000 after purchasing an additional 630,389 shares during the period. Institutional investors and hedge funds own 84.38% of the company’s stock.

Charles Schwab Stock Performance

NYSE SCHW opened at $91.81 on Friday. The stock has a market cap of $158.77 billion, a P/E ratio of 15.67, a PEG ratio of 0.78 and a beta of 0.79. The company’s 50-day simple moving average is $104.50 and its 200 day simple moving average is $98.15. The Charles Schwab Corporation has a twelve month low of $83.96 and a twelve month high of $114.53. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 0.52.

Charles Schwab (NYSE:SCHW) last posted its quarterly earnings results on Thursday, October 15th. The financial services provider reported $1.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.66 by $0.03. The firm had revenue of $7.17 billion during the quarter, compared to analyst estimates of $7.18 billion. Charles Schwab had a net margin of 39.33% and a return on equity of 25.79%. The company’s quarterly revenue was up 16.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.31 earnings per share. As a group, research analysts forecast that The Charles Schwab Corporation will post 6.44 earnings per share for the current fiscal year.

Charles Schwab Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 14th were paid a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 1.4%. The ex-dividend date was Friday, August 14th. Charles Schwab’s dividend payout ratio is currently 21.84%.

Key Stories Impacting Charles Schwab

Here are the key news stories impacting Charles Schwab this week:

• Positive Sentiment: Schwab reported adjusted third-quarter EPS of $1.69, exceeding the $1.66 analyst consensus, while revenue rose 16.9% year over year to a record $7.17 billion. Net income increased 23% to approximately $2.91 billion. Charles Schwab Stock Is Falling Friday: What’s Going On?
• Positive Sentiment: Client momentum remained a major strength: core net new assets reached a record $190.4 billion, up 38% year over year, total client assets climbed to $13.33 trillion, and the company added roughly 1.2 million brokerage accounts. Higher trading activity, lending, and net interest revenue supported the quarter. Schwab Delivers Record Net New Assets & Earnings
• Positive Sentiment: Analysts remain broadly constructive. JPMorgan reaffirmed an “overweight” rating with a $147 price target, while Citizens JMP maintained “market outperform” with a $120 target. Schwab is also expanding AI tools, tax-aware products, cryptocurrency services, and prediction-market capabilities, potentially creating additional engagement and revenue opportunities.
• Neutral Sentiment: Management said clients using AI-enabled trading tools are holding more cash rather than withdrawing funds, which could support Schwab’s deposit and lending franchise. However, the long-term financial impact of these new products remains unproven.
• Negative Sentiment: Revenue of $7.17 billion was slightly below the approximately $7.18 billion consensus estimate. Analysts characterized the quarter as “somewhat low quality,” citing less impressive net-interest-revenue trends and the possibility that strong market activity, rather than purely organic improvement, drove results. Charles Schwab’s Q3 Print was Somewhat Low Quality
• Negative Sentiment: Schwab indicated that full-year 2026 revenue and net-interest-margin growth could land at the lower end of its previous ranges. Truist reduced its price target, and some investors appear to be taking profits after the stock’s earlier gains.

Insider Buying and Selling

In other news, Chairman Walter Bettinger sold 74,388 shares of the 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 approximately $67,695,027.60. This represents a 10.86% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Nigel Murtagh sold 24,778 shares of the stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $109.01, for a total value of $2,701,049.78. Following the completion of the transaction, the insider directly owned 57,972 shares of the company’s stock, valued at approximately $6,319,527.72. The trade was a 29.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 645,582 shares of company stock worth $69,553,935. Insiders own 6.30% of the company’s stock.

Analyst Ratings Changes

SCHW has been the subject of several research analyst reports. TD Cowen boosted their price objective on Charles Schwab from $128.00 to $129.00 and gave the stock a “buy” rating in a research report on Monday, October 12th. Zacks Research lowered Charles Schwab from a “strong-buy” rating to a “hold” rating in a report on Monday, September 14th. 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. Wells Fargo & Company dropped their price target on Charles Schwab from $105.00 to $103.00 and set an “equal weight” rating on the stock in a research report on Friday. Finally, Evercore reaffirmed a “hold” rating on shares of Charles Schwab in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Charles Schwab presently has an average rating of “Moderate Buy” and an average price target of $118.95.

Charles Schwab 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.