Charles SchwabSCHW
About: Charles Schwab operates in brokerage, wealth management, banking, and asset management. It runs a large network of brick-and-mortar brokerage branch offices and a well-established online investing website, and it has mobile trading capabilities. It also operates a bank and a proprietary asset-management business and offers services to independent investment advisors. Schwab is among the largest firms in the investment business, with over $8 trillion of client assets at the end of December 2023. Nearly all of its revenue is from the United States.
Employees: 32,100
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
2% less repeat investments, than reductions
Existing positions increased: 722 | Existing positions reduced: 735
3% less funds holding
Funds holding: 1,870 [Q2] → 1,815 (-55) [Q3]
3.43% less ownership
Funds ownership: 85.8% [Q2] → 82.37% (-3.43%) [Q3]
15% less capital invested
Capital invested by funds: $112B [Q2] → $94.9B (-$17.4B) [Q3]
24% less call options, than puts
Call options by funds: $1.31B | Put options by funds: $1.72B
28% less first-time investments, than exits
New positions opened: 141 | Existing positions closed: 196
32% less funds holding in top 10
Funds holding in top 10: 78 [Q2] → 53 (-25) [Q3]
Research analyst outlook
12 Wall Street Analysts provided 1 year price targets over the past 3 months
12 analyst ratings
Keefe, Bruyette & Woods Kyle Voigt 83% 1-year accuracy 20 / 24 met price target | 25%upside $93 | Outperform Maintained | 20 Dec 2024 |
Wells Fargo Michael Brown 68% 1-year accuracy 28 / 41 met price target | 21%upside $90 | Equal-Weight Maintained | 12 Dec 2024 |
Jefferies Daniel Fannon 90% 1-year accuracy 9 / 10 met price target | 27%upside $94 | Buy Maintained | 9 Dec 2024 |
JMP Securities Devin Ryan 86% 1-year accuracy 60 / 70 met price target | 27%upside $94 | Market Outperform Reiterated | 9 Dec 2024 |
Barclays Benjamin Budish 69% 1-year accuracy 72 / 104 met price target | 28%upside $95 | Overweight Upgraded | 9 Dec 2024 |
Financial journalist opinion
Based on 10 articles about SCHW published over the past 30 days
