209,041 The Charles Schwab Corporation $SCHW Shares Bought by Vest Financial LLC

22 Oct 2026, 10:41 by Michael Walen · The Markets Daily

Vest Financial LLC raised its stake in The Charles Schwab Corporation (NYSE:SCHW – Free Report) by 51.3% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 616,370 shares of the financial services provider’s stock after acquiring an additional 209,041 shares during the quarter. Vest Financial LLC’s holdings in Charles Schwab were worth $60,244,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in SCHW. Compass Financial Management LLC acquired a new stake in shares of Charles Schwab during the second quarter valued at $27,000. Scarborough Advisors LLC purchased a new stake in Charles Schwab during the 1st quarter worth about $29,000. Main Street Group LTD purchased a new stake in Charles Schwab during the 1st quarter worth about $33,000. J.Safra Asset Management Corp acquired a new position in Charles Schwab in the 2nd quarter valued at about $39,000. Finally, Washington Trust Advisors Inc. raised its stake in Charles Schwab by 118.0% in the 2nd quarter. Washington Trust Advisors Inc. now owns 447 shares of the financial services provider’s stock valued at $41,000 after purchasing an additional 242 shares during the last quarter. 84.38% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

SCHW has been the subject of a number of recent research reports. TD Cowen lifted their price target on shares of Charles Schwab from $128.00 to $129.00 and gave the stock a “buy” rating in a report on Monday, October 12th. Evercore lowered their target price on shares of Charles Schwab from $107.00 to $104.00 in a research note on Friday, October 16th. Wells Fargo & Company reduced their price target on Charles Schwab from $105.00 to $103.00 and set an “equal weight” rating on the stock in a research note on Friday, October 16th. Piper Sandler dropped their target price on Charles Schwab from $118.00 to $100.00 and set a “neutral” rating for the company in a research note on Friday, October 2nd. Finally, Citizens Jmp reiterated a “market outperform” rating and issued a $120.00 target price on shares of Charles Schwab in a research note on Friday, October 16th. Eighteen research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $120.18.

Check Out Our Latest Report on Charles Schwab

Charles Schwab Stock Performance

Shares of SCHW stock opened at $91.65 on Thursday. The Charles Schwab Corporation has a one year low of $83.96 and a one year 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 company has a 50 day moving average price of $103.44 and a 200 day moving average price of $98.13. The firm has a market capitalization of $158.49 billion, a price-to-earnings ratio of 15.64, a price-to-earnings-growth ratio of 0.81 and a beta of 0.79.

Charles Schwab (NYSE:SCHW – Get Free Report) last announced 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. The company had revenue of $7.17 billion for 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%. Charles Schwab’s revenue for the quarter was up 16.9% on a year-over-year basis. During the same quarter last year, the business earned $1.31 EPS. Sell-side analysts anticipate that The Charles Schwab Corporation will post 6.42 EPS for the current year.

Insider Transactions at Charles Schwab

In related news, Director Paula A. Sneed sold 5,263 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $107.15, for a total value of $563,930.45. Following the transaction, the director owned 91,711 shares in the company, valued at approximately $9,826,833.65. This trade represents a 5.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Chairman Walter W. Bettinger sold 192,488 shares of the stock in a transaction on Monday, July 27th. The stock was sold at an average price of $103.90, for a total transaction of $19,999,503.20. Following the completion of the sale, the chairman directly owned 529,346 shares of the company’s stock, valued at $54,999,049.40. The trade was a 26.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 632,577 shares of company stock valued at $68,214,123. 6.30% of the stock is currently owned by company insiders.

Charles Schwab News Roundup

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

Positive Sentiment: Schwab’s record-revenue narrative and recent earnings strength support the bullish case. The company previously reported year-over-year revenue growth, a quarterly EPS beat, and strong profitability, while coverage continues to highlight its scale and valuation. Charles Schwab reports record revenue
Positive Sentiment: Morgan Stanley reduced its price target from $141 to $132 but maintained an “overweight” rating, still implying significant upside from current levels. The target reduction is a headwind, but the continued bullish rating may reassure investors.
Positive Sentiment: Schwab Asset Management is promoting a new international bond index and related ETF focused on investment-grade developed-market debt. The product could broaden Schwab’s asset-management offerings and attract additional client assets. Introduction to the Schwab International Bond ETF
Positive Sentiment: Commentary from Schwab strategist Liz Ann Sonders that market rotation is favoring quality over highly leveraged artificial-intelligence exposure could benefit a diversified, established financial platform such as Schwab. Market rotation favors quality over AI leverage
Neutral Sentiment: Schwab’s mention in coverage about Avalanche’s institutional and real-world-asset potential may indicate broader digital-asset engagement, but it does not appear to represent a material new revenue catalyst. Charles Schwab and Avalanche
Neutral Sentiment: Reports on the Charles Schwab Cup golf playoffs and related coverage are primarily sponsorship and brand news, with little direct effect on SCHW’s near-term earnings. 2026 Charles Schwab Cup Playoffs schedule
Negative Sentiment: BMO issued a pessimistic forecast, adding to pressure from Deutsche Bank’s reduction of its price target to $125. While the targets remain above the current quotation, downward revisions can weigh on sentiment. Deutsche Bank cuts Schwab target
Negative Sentiment: Schwab and other banks are restricting external AI agents from taking actions in customer accounts because of fraud, liability, and security concerns. The safeguards reduce near-term operational risk but could delay potential automation benefits. Banks restrict AI agents

Charles Schwab Company Profile

(Free Report)

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.