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)
1% less repeat investments, than reductions
Existing positions increased: 715 | Existing positions reduced: 724
3.37% less ownership
Funds ownership: 85.8% [Q2] → 82.42% (-3.37%) [Q3]
4% less funds holding
Funds holding: 1,867 [Q2] → 1,795 (-72) [Q3]
15% less capital invested
Capital invested by funds: $112B [Q2] → $95B (-$17.3B) [Q3]
24% less call options, than puts
Call options by funds: $1.31B | Put options by funds: $1.72B
32% less funds holding in top 10
Funds holding in top 10: 78 [Q2] → 53 (-25) [Q3]
34% less first-time investments, than exits
New positions opened: 142 | Existing positions closed: 214
Research analyst outlook
16 Wall Street Analysts provided 1 year price targets over the past 3 months
16 analyst ratings
Deutsche Bank Brian Bedell 83% 1-year accuracy 29 / 35 met price target | 2%downside $80 | Buy Maintained | 11 Nov 2024 |
Morgan Stanley Michael Cyprys 50% 1-year accuracy 12 / 24 met price target | 9%downside $74 | Equal-Weight Maintained | 24 Oct 2024 |
Barclays Benjamin Budish 79% 1-year accuracy 55 / 70 met price target | 9%downside $74 | Equal-Weight Maintained | 16 Oct 2024 |
B of A Securities Craig Siegenthaler 74% 1-year accuracy 17 / 23 met price target | 25%downside $61 | Underperform Maintained | 16 Oct 2024 |
JP Morgan Kenneth Worthington 65% 1-year accuracy 22 / 34 met price target | 7%upside $87 | Overweight Maintained | 16 Oct 2024 |
Financial journalist opinion
Based on 12 articles about SCHW published over the past 30 days
