Greenup Street Wealth Management LLC Purchases 38,821 Shares of The Charles Schwab Corporation $SCHW

Greenup Street Wealth Management LLC increased its position in shares of The Charles Schwab Corporation (NYSE:SCHW) by 143.3% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 65,912 shares of the financial services provider’s stock after acquiring an additional 38,821 shares during the period. Charles Schwab comprises about 0.8% of Greenup Street Wealth Management LLC’s portfolio, making the stock its 23rd biggest position. Greenup Street Wealth Management LLC’s holdings in Charles Schwab were worth $6,442,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Whittier Trust Co. increased its position in Charles Schwab by 3.9% in the 1st quarter. Whittier Trust Co. now owns 384,881 shares of the financial services provider’s stock valued at $35,790,000 after acquiring an additional 14,538 shares during the period. First Citizens Bank & Trust Co. raised its stake in shares of Charles Schwab by 102.3% during the third quarter. First Citizens Bank & Trust Co. now owns 33,750 shares of the financial services provider’s stock valued at $3,299,000 after acquiring an additional 17,068 shares during the last quarter. Financial Advisory Partners LLC acquired a new position in shares of Charles Schwab during the first quarter worth $3,199,000. Private Wealth Partners LLC lifted its holdings in shares of Charles Schwab by 91.9% during the first quarter. Private Wealth Partners LLC now owns 204,248 shares of the financial services provider’s stock worth $19,195,000 after purchasing an additional 97,829 shares during the period. Finally, Illinois Municipal Retirement Fund lifted its holdings in shares of Charles Schwab by 39.3% during the first quarter. Illinois Municipal Retirement Fund now owns 103,657 shares of the financial services provider’s stock worth $9,742,000 after purchasing an additional 29,260 shares during the period. Institutional investors and hedge funds own 84.38% of the company’s stock.

Insiders Place Their Bets

In related news, insider Jonathan Beatty sold 1,000 shares of the business’s stock in a transaction on Monday, August 17th. The shares were 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Nigel Murtagh sold 24,778 shares of the company’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $109.01, for a total transaction of $2,701,049.78. Following the sale, the insider directly owned 57,972 shares in the company, valued at $6,319,527.72. This trade represents a 29.94% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 285,734 shares of company stock valued at $32,073,309 over the last quarter. Company insiders own 6.30% of the company’s stock.

Charles Schwab Stock Down 1.6%

Charles Schwab stock opened at $88.01 on Friday. The firm has a market cap of $152.20 billion, a price-to-earnings ratio of 15.02, a PEG ratio of 0.80 and a beta of 0.79. 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 0.52, a quick ratio of 0.64 and a current ratio of 0.64. The firm has a 50 day moving average price of $100.52 and a two-hundred day moving average price of $97.67.

Charles Schwab (NYSE:SCHW) last posted its quarterly earnings data on Thursday, October 15th. The financial services provider reported $1.69 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 company had revenue of $7.17 billion for the quarter, compared to analyst estimates of $7.18 billion. During the same period in the prior year, the firm posted $1.31 EPS. The company’s quarterly revenue was up 16.9% on a year-over-year basis. Equities analysts predict that The Charles Schwab Corporation will post 6.41 EPS for the current year.

Charles Schwab Announces Dividend

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 paid a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Friday, November 13th. Charles Schwab’s dividend payout ratio (DPR) is currently 21.84%.

Trending Headlines about Charles Schwab

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

• Positive Sentiment: Schwab executives said artificial intelligence is moving from experimentation into practical uses, including operational efficiency, financial planning and new ways to engage clients. The firm is integrating Anthropic’s Claude for Financial Advisors and investing in AI-related partnerships, which could strengthen its competitive position with independent advisors. Schwab Says AI Is Past Experiments
• Positive Sentiment: CEO Rick Wurster outlined plans to expand Schwab’s role in IPO access for retail investors, while the asset-management division is considering additional active fixed-income and dividend ETFs. These initiatives could support customer engagement, asset gathering and fee growth. Schwab CEO Sees a Bigger Role for Retail Investors in IPOs
• Positive Sentiment: Schwab plans to deepen bank-like capabilities for registered investment advisors, potentially helping it attract large wirehouse teams and expand custody relationships. Schwab to Push on Bank Capabilities for RIAs
• Neutral Sentiment: Schwab’s advisor survey showed RIAs are prioritizing new clients and referrals as organic growth becomes more difficult. The findings support demand for Schwab’s platform but also highlight a tougher environment for advisor-driven asset growth. Schwab’s 2026 Independent Advisor Outlook Study
• Negative Sentiment: Evercore ISI lowered its price target to $98 from $104, signaling more cautious expectations even though the revised target remains above recent trading levels. Evercore ISI Adjusts Price Target
• Negative Sentiment: Management and strategists warned that sticky inflation, tariffs, geopolitical risks and uncertainty surrounding the AI trade could keep markets volatile. Schwab is also emphasizing safeguards against unauthorized AI agents, underscoring regulatory and operational risks as adoption accelerates. Schwab CEO Says Firm Is Blocking Rogue AI Agents

Wall Street Analysts Forecast Growth

SCHW has been the topic of several analyst reports. Bank of America boosted their price objective on shares of Charles Schwab from $91.00 to $95.00 and gave the stock an “underperform” rating in a research note on Monday, October 5th. Morgan Stanley lowered their target price on Charles Schwab from $141.00 to $132.00 and set an “overweight” rating for the company in a research report on Wednesday, October 21st. UBS Group cut their target price on Charles Schwab from $113.00 to $109.00 and set a “buy” rating on the stock in a report on Friday, October 16th. JPMorgan Chase & Co. reduced their price target on Charles Schwab from $150.00 to $147.00 and set an “overweight” rating on the stock in a research report on Friday, October 16th. Finally, Citigroup reiterated a “market outperform” rating on shares of Charles Schwab in a research report on Friday, October 16th. Eighteen analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Charles Schwab presently has an average rating of “Moderate Buy” and an average target price of $119.91.

About Charles Schwab

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.