Mirae Asset Global Investments Co. Ltd. Purchases 469,528 Shares of The Charles Schwab Corporation $SCHW

Mirae Asset Global Investments Co. Ltd. purchased a new position in The Charles Schwab Corporation (NYSE:SCHW) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 469,528 shares of the financial services provider’s stock, valued at approximately $45,892,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Aviance Capital Partners LLC grew its stake in shares of Charles Schwab by 0.7% in the third quarter. Aviance Capital Partners LLC now owns 93,077 shares of the financial services provider’s stock worth $9,097,000 after acquiring an additional 615 shares during the period. Profund Advisors LLC raised its holdings in shares of Charles Schwab by 10.5% during the third quarter. Profund Advisors LLC now owns 15,141 shares of the financial services provider’s stock valued at $1,480,000 after purchasing an additional 1,441 shares during the last quarter. Vise Technologies Inc. raised its holdings in shares of Charles Schwab by 43.0% during the third quarter. Vise Technologies Inc. now owns 71,126 shares of the financial services provider’s stock valued at $6,952,000 after purchasing an additional 21,372 shares during the last quarter. Cidel Asset Management Inc. raised its holdings in shares of Charles Schwab by 1.7% during the third quarter. Cidel Asset Management Inc. now owns 19,870 shares of the financial services provider’s stock valued at $1,942,000 after purchasing an additional 328 shares during the last quarter. Finally, Summit Global Investments lifted its position in Charles Schwab by 62.0% during the third quarter. Summit Global Investments now owns 14,124 shares of the financial services provider’s stock valued at $1,380,000 after purchasing an additional 5,403 shares during the period. 84.38% of the stock is owned by institutional investors.

Charles Schwab Stock Performance

SCHW opened at $88.01 on Monday. The company’s 50 day moving average is $100.52 and its 200 day moving average is $97.67. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 0.52. The company has a market cap of $152.20 billion, a price-to-earnings ratio of 15.02, a PEG ratio of 0.78 and a beta of 0.79. The Charles Schwab Corporation has a 12-month low of $83.96 and a 12-month high of $114.53.

Charles Schwab (NYSE:SCHW) last announced its earnings results 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 business had revenue of $7.17 billion during the quarter, compared to analysts’ expectations of $7.18 billion. During the same period in the prior year, the company earned $1.31 earnings per share. The firm’s revenue was up 16.9% on a year-over-year basis. On average, equities research analysts predict that The Charles Schwab Corporation will post 6.41 EPS for the current year.

Charles Schwab Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, November 27th. Investors of record on Friday, November 13th will be given a dividend of $0.32 per share. The ex-dividend date is Friday, November 13th. This represents a $1.28 annualized dividend and a yield of 1.5%. Charles Schwab’s payout ratio is 21.84%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on SCHW shares. Rothschild & Co Redburn raised their target price on shares of Charles Schwab from $114.00 to $120.00 and gave the stock a “neutral” rating in a report on Monday, September 21st. TD Cowen lifted their target price on shares of 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 shares of Charles Schwab from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 14th. The Goldman Sachs Group reiterated a “buy” rating and set a $117.00 target price (down from $122.00) on shares of Charles Schwab in a research note on Friday, October 16th. Finally, Weiss Ratings raised Charles Schwab from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, September 10th. Eighteen analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Charles Schwab has a consensus rating of “Moderate Buy” and an average target price of $119.91.

Insider Activity

In other Charles Schwab news, insider Jonathan S. Beatty sold 1,000 shares of the firm’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $111.33, for a total transaction of $111,330.00. Following the sale, the insider directly owned 10,738 shares of the company’s stock, valued at $1,195,461.54. This trade represents a 8.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Walter W. Bettinger sold 176,210 shares of Charles Schwab stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $113.49, for a total value of $19,998,072.90. Following the sale, the chairman directly owned 610,360 shares in the company, valued at $69,269,756.40. This trade represents a 22.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 285,734 shares of company stock worth $32,073,309. 6.30% of the stock is currently owned by corporate insiders.

More Charles Schwab News

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

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.