20,480 Shares of The Charles Schwab Corporation $SCHW Bought by NBT Bank N.A.

NBT Bank N.A. bought a new stake in The Charles Schwab Corporation (NYSE:SCHW) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 20,480 shares of the financial services provider’s stock, valued at approximately $2,002,000.

A number of other hedge funds also recently added to or reduced their stakes in SCHW. Bank of New York Mellon Corp grew its holdings in shares of Charles Schwab by 22.9% in the 1st quarter. Bank of New York Mellon Corp now owns 16,162,082 shares of the financial services provider’s stock worth $1,518,913,000 after acquiring an additional 3,009,884 shares during the period. Bank of America Corp DE increased its stake in Charles Schwab by 3.5% in the 1st 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 in the last quarter. Flossbach Von Storch SE acquired a new position in Charles Schwab during the second quarter worth $987,930,000. Dimensional Fund Advisors LP raised its holdings in Charles Schwab by 1.1% during 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 last quarter. Finally, Provident Trust Co. raised its holdings in Charles Schwab by 0.4% during the second quarter. Provident Trust Co. now owns 3,716,441 shares of the financial services provider’s stock worth $342,916,000 after purchasing an additional 13,616 shares during the last quarter. 84.38% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Barclays decreased their target price on Charles Schwab from $118.00 to $115.00 and set an “overweight” rating on the stock in a research report on Friday, October 16th. Zacks Research cut Charles Schwab from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 14th. Wells Fargo & Company cut their price target on Charles Schwab from $105.00 to $103.00 and set an “equal weight” rating for the company in a research note on Friday, October 16th. Deutsche Bank Aktiengesellschaft set a $125.00 price target on Charles Schwab and gave the stock a “buy” rating in a research note on Friday, October 16th. Finally, Weiss Ratings upgraded shares of Charles Schwab from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, September 10th. Eighteen investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $120.18.

Charles Schwab Trading Down 0.2%

Shares of SCHW opened at $91.46 on Friday. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.64 and a quick ratio of 0.64. The firm has a 50 day simple moving average of $103.07 and a 200-day simple moving average of $98.11. The Charles Schwab Corporation has a 1-year low of $83.96 and a 1-year high of $114.53. The stock has a market cap of $158.17 billion, a price-to-earnings ratio of 15.61, a price-to-earnings-growth ratio of 0.81 and a beta of 0.79.

Charles Schwab (NYSE:SCHW) last issued its quarterly earnings data 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 the consensus estimate of $7.18 billion. Charles Schwab had a return on equity of 25.79% and a net margin of 39.33%. The company’s quarterly revenue was up 16.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.31 EPS. Equities analysts forecast that The Charles Schwab Corporation will post 6.42 EPS for the current fiscal year.

Charles Schwab Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 27th. Shareholders 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 annualized dividend and a yield of 1.4%. Charles Schwab’s dividend payout ratio (DPR) is presently 21.84%.

More Charles Schwab News

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

• Positive Sentiment: Schwab’s board declared a regular quarterly dividend of $0.32 per common share, reinforcing the company’s shareholder-return strategy. Preferred-stock dividends were also declared. Schwab Declares Quarterly Common Stock Dividend and Declares Preferred Stock Dividends
• Positive Sentiment: The company opened two new Portland-area branches, expanding local client access and potentially supporting asset gathering and adviser relationships. Schwab opens two new Portland branches to expand local access
• Positive Sentiment: Schwab Asset Management is promoting a new international bond ETF based on an ICE-developed index, broadening its product lineup and exposure to fixed-income demand. ETF Central: An Introduction to the Schwab International Bond ETF
• Neutral Sentiment: Schwab is hosting IMPACT 2026, where RIA executives will discuss growth and client service. The event supports industry engagement but has limited immediate earnings impact. Zoe Financial CEO to Speak at Charles Schwab IMPACT 2026
• Neutral Sentiment: Coverage about the Charles Schwab Cup golf playoffs and Schwab’s $30 million investment in a Montana ranch/private golf club is primarily sponsorship or personal-investment news, with little direct effect on corporate fundamentals. Race to Phoenix: 2026 Charles Schwab Cup Playoffs
• Negative Sentiment: Morgan Stanley cut its SCHW price target from $141 to $132, although it retained an Overweight rating. The reduction may weigh on sentiment despite the analyst’s continued bullish view. Morgan Stanley stock recommendations
• Negative Sentiment: BMO Capital Markets issued a pessimistic forecast for Charles Schwab, adding to concerns about valuation and the outlook for future growth. BMO Capital Markets Issues Pessimistic Forecast for Charles Schwab

Insider Buying and Selling

In related news, 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 sale, the chairman owned 529,346 shares of the company’s stock, valued at $54,999,049.40. This trade represents a 26.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Paula A. Sneed sold 5,263 shares of Charles Schwab stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $107.15, for a total value of $563,930.45. Following the sale, the director owned 91,711 shares of the company’s stock, valued at approximately $9,826,833.65. This represents a 5.43% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 632,577 shares of company stock valued at $68,214,123. 6.30% of the stock is owned by insiders.

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.