Assetmark Inc. Buys 155,007 Shares of The Charles Schwab Corporation $SCHW

Assetmark Inc. boosted its position in shares of The Charles Schwab Corporation (NYSE:SCHW) by 21.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 873,197 shares of the financial services provider’s stock after purchasing an additional 155,007 shares during the period. Assetmark Inc.’s holdings in Charles Schwab were worth $83,364,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of SCHW. Vanguard Group Inc. grew its holdings in shares of Charles Schwab by 1.9% during the second quarter. Vanguard Group Inc. now owns 151,182,081 shares of the financial services provider’s stock worth $13,793,853,000 after buying an additional 2,786,829 shares in the last quarter. State Street Corp boosted its holdings in Charles Schwab by 0.7% during the second quarter. State Street Corp now owns 72,464,619 shares of the financial services provider’s stock worth $6,611,672,000 after purchasing an additional 531,329 shares during the last quarter. Geode Capital Management LLC increased its stake in Charles Schwab by 2.9% in the 2nd quarter. Geode Capital Management LLC now owns 37,381,183 shares of the financial services provider’s stock valued at $3,399,181,000 after buying an additional 1,038,376 shares during the last quarter. Franklin Resources Inc. lifted its position in Charles Schwab by 2.8% during the 2nd quarter. Franklin Resources Inc. now owns 30,035,937 shares of the financial services provider’s stock worth $2,740,479,000 after buying an additional 815,625 shares in the last quarter. Finally, Fisher Asset Management LLC boosted its stake in shares of Charles Schwab by 1.0% during the 2nd quarter. Fisher Asset Management LLC now owns 21,376,690 shares of the financial services provider’s stock worth $1,950,409,000 after buying an additional 211,527 shares during the last quarter. 84.38% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, insider Jonathan S. Beatty sold 2,000 shares of the stock in a transaction on Thursday, January 22nd. The stock was sold at an average price of $105.00, for a total transaction of $210,000.00. Following the sale, the insider directly owned 21,768 shares of the company’s stock, valued at approximately $2,285,640. This represents a 8.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, General Counsel Peter J. Morgan III sold 7,595 shares of the business’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $104.38, for a total value of $792,766.10. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 348,344 shares of company stock valued at $36,259,555. 6.30% of the stock is owned by insiders.

Trending Headlines about Charles Schwab

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

• Positive Sentiment: RIAs are increasing equity ownership and moving to performance‑based pay — a trend Schwab cites that can strengthen advisor loyalty to custodians and support recurring custody and platform revenue. Successful RIAs Upping Equity, Performance-Based Compensation, Schwab Says
• Positive Sentiment: Management pushing back: CEO Rick Wurster says Schwab is using AI and sees it as an aid to wealth managers rather than an existential threat — messaging intended to calm investors about disruption risk. Charles Schwab isn’t worried about AI. CEO Rick Wurster explains how it is using it now.
• Positive Sentiment: Investor optimism and fund flows have recently supported SCHW’s performance; discretionary buying and positive fund commentary are a stabilizing force after headline-driven volatility. Investors’ Optimism is Fueling The Charles Schwab Corporation’s (SCHW) Performance
• Neutral Sentiment: Relative valuation / peer comparison pieces highlight SCHW vs. Robinhood debate — useful context for value investors but not an immediate catalyst. SCHW vs. HOOD: Which Stock Should Value Investors Buy Now?
• Negative Sentiment: Primary negative catalyst: multiple outlets flag a newly released AI tax/advice tool (notably from Altruist and others) that sparked sectorwide selling on fears it could automate planning, drive fee compression and lure clients away from traditional advisory platforms. AI Shockwave: SCHW, LPLA & Others Slide on Disruption Fear
• Negative Sentiment: Coverage explaining the Altruist tool’s impact—investors worry automated tax/wealth tools could reduce advisor billable hours or prompt pricing pressure across custodians and brokerages. Why Altruist’s New AI Tax Tool Spooked Investors in Schwab, LPL, Raymond James
• Negative Sentiment: Sector momentum: wealth‑management names broadly sold off amid trader flight to safety, amplifying Schwab’s decline through correlated selling and higher volume. US wealth manager stocks sink as traders flee next AI casualty
• Negative Sentiment: Insider selling: recent director and chairman share sales were reported (large, disclosed trades) — not uncommon but adds to negative optics during a headline‑driven pullback. Walter Bettinger Form 4 (SEC)
• Negative Sentiment: Reputational/legal note: an ex‑employee was found guilty of fraud/ID theft — a reputational headline that can weigh sentiment even if it’s operationally isolated. Ex-Schwab employee found guilty of fraud, ID theft

Charles Schwab Trading Down 0.4%

Shares of Charles Schwab stock opened at $95.08 on Friday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.58 and a current ratio of 0.58. The firm has a 50-day moving average of $100.73 and a 200-day moving average of $96.71. The Charles Schwab Corporation has a 52-week low of $65.88 and a 52-week high of $107.50. The stock has a market cap of $168.95 billion, a PE ratio of 20.40, a PEG ratio of 0.77 and a beta of 0.94.

Charles Schwab (NYSE:SCHW) last posted its quarterly earnings data on Wednesday, January 21st. The financial services provider reported $1.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.32 by $0.07. Charles Schwab had a net margin of 37.01% and a return on equity of 22.07%. The firm had revenue of $6.34 billion during the quarter, compared to the consensus estimate of $6.19 billion. During the same quarter in the previous year, the firm posted $1.01 EPS. The business’s revenue for the quarter was up 18.9% compared to the same quarter last year. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. As a group, sell-side analysts forecast that The Charles Schwab Corporation will post 4.22 EPS for the current year.

Charles Schwab Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 13th will be issued a $0.32 dividend. The ex-dividend date of this dividend is Friday, February 13th. This represents a $1.28 annualized dividend and a yield of 1.3%. This is a boost from Charles Schwab’s previous quarterly dividend of $0.27. Charles Schwab’s payout ratio is presently 23.18%.

Analysts Set New Price Targets

Several research analysts recently commented on the company. UBS Group increased their price target on Charles Schwab from $123.00 to $125.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. Bank of America increased their price objective on Charles Schwab from $88.00 to $91.00 and gave the company an “underperform” rating in a report on Wednesday, December 10th. TD Cowen raised their target price on shares of Charles Schwab from $135.00 to $138.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. The Goldman Sachs Group reaffirmed a “buy” rating and set a $114.00 price target on shares of Charles Schwab in a research report on Friday, October 17th. Finally, Citigroup reissued a “market outperform” rating on shares of Charles Schwab in a research report on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $115.65.

Charles Schwab Profile

Charles Schwab Corporation (NYSE: SCHW) is a diversified financial services firm that provides brokerage, banking, wealth management and advisory services to individual investors, independent investment advisors and institutional clients. Its primary offerings include retail brokerage accounts, online trading platforms, Schwab-branded mutual funds and exchange-traded funds (ETFs), retirement plan services, custodial services for independent Registered Investment Advisors (RIAs), and banking products through Charles Schwab Bank.